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Rolls-Royce launches pathway to power the Net Zero Economy 

Today we have published our first ever Net Zero report, setting out our action plan to achieve net zero by 2050 at the latest. We will focus our technology on enabling the global economy to reach net zero carbon by 2050 across transport, energy and the built environment.

 

Pioneering sustainable net zero power sits at the heart of our strategy, future innovation and growth agenda. Decarbonising our technologies will ensure that Rolls-Royce is compatible with, and enables, a net zero future.

 

Here is a link to the report: https://www.rolls-royce.com/innovation/net-zero.aspx

 

Let us know if you would like to discuss how we will deliver these vital technology breakthroughs.

We have made five commitments:

 
1. We are focused on producing the technology breakthroughs society needs to decarbonise transport, energy and the built environment of the global economy and capture the economic opportunity of the transition to net zero
 
2. Our new products will be compatible with net zero by 2030, and our whole business compatible by 2050
 
3. By 2023, all in-production civil aero engines to be proven compatible with 100% sustainable aviation fuels, contributing to the UN Race to Zero breakthrough goal for sustainable aviation
 
4. Science-based target to reduce lifetime emissions of new sold products from Power Systems by 35% by 2030 and new generation engines to be certified for sustainable fuel by 2023
 
5. We will increase the proportion of gross R&D spent on lower carbon and net zero technologies to 75% by 2025 to decarbonise transport, energy and cities
 
Our Chief Executive, Warren East, said:
 
“We believe in the positive, transforming potential of technology. We pioneer power that is central to the successful functioning of the modern world. To combat the climate crisis, that power must be made compatible with net zero carbon emissions. This is a societal imperative as well as one of the greatest commercial and technological opportunities of our time. Our innovative technology has a fundamental role to play in enabling and even accelerating the overall global transition to a net zero carbon future. We believe that as the world emerges from the COVID-19 pandemic and looks to build back better, global economic growth can be compatible with a net zero carbon future and that Rolls-Royce can help make that happen."
Nigel Topping, UN High Level Champion for COP26, added:
 

“Winning the race to a zero emission economy by 2050 at the latest requires radical collaboration and technology breakthroughs across energy, transport and the built environment – critical parts of the economy that are also among the hardest to decarbonise. By organising its industrial technology capabilities to deliver the system change society needs, Rolls-Royce is putting itself at the forefront of the defining economic opportunity of our time; one that customers want to buy, investors want to back, and the brightest talent want to apply their skills to.”
 
Get in touch with our Government Relations team using the details below:
Helen Kennett
Director, UK Government Relations
Stuart Dee
UK Government Relations Manager
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