Rolls-Royce (
www.rolls-royce.com) has joined the UN Race to Zero campaign in the run up to the United Nations Climate Change Conference (COP26) due to be held in Glasgow in November 2021, and aims to play a leading role in pioneering a resilient, inclusive, net zero carbon future.
Rolls-Royce intends to become net zero carbon in its own operations by 2030 and, more fundamentally, set an ambition to play a leading role in enabling the sectors in which it operates to reach net zero carbon by 2050 through the development of new products and technologies. Rolls-Royce has affirmed its position by joining the Business Ambition for 1.5°C campaign.
As part of its commitment, Rolls-Royce will:
– Align its business to the Paris Agreement goals, to limit global temperature rise to 1.5°C; use its technological capabilities to play a leading role in enabling vital parts of the economy to get to net zero carbon by 2050, including aviation, shipping, rail, and power generation
– Continue to, and seek to accelerate, progress against stated company and industry carbon reduction targets and goals
– Continue its investment in R&D in pursuit of ever more-efficient products and novel solutions to the climate challenge; and publish a clear roadmap later this year, setting out a pathway to enabling net zero carbon emissions by 2050, including interim milestonesRolls-Royce CEO Warren East, said: “The Covid-19 pandemic has brought immediate and obvious pressures to our industry and to us as a company, but the long-term challenges our world faces have not gone away. The world on the other side of this pandemic will need the power that we generate to fuel economic recovery. I absolutely believe the call for that power to be more sustainable and net zero will be stronger than ever.
“Answering that call is a big, complex challenge and few companies on the planet are better placed than Rolls-Royce to help. We will use our capabilities to play a leading role in enabling the vital sectors in which we operate achieve net zero emissions by 2050. I believe this ambition will drive our competitiveness for the future.”
Rolls-Royce will focus on advancing key technologies, including:
– Driving step changes in the efficiency of engines, as well as working together with the fuels industry to significantly ramp up the availability of lower carbon alternative fuels
– Lead an ambitious consortium to build small modular nuclear power stations that can provide competitive, clean, low carbon power at scale
– Accelerate the development of disruptive new technologies and capabilities for future low emission products, including pioneering the electrification of flight; continue to deploy hybrid electric systems in the rail and marine markets and to transition those capabilities into aviation
– Deliver microgrid solutions to provide vital stability and back-up power, expanding the uptake of renewable energy by removing the challenge of volatility
– Plan to achieve net zero greenhouse gas emissions from its operations and facilities by 2030, by using 100% renewable energy, pioneering closed loop manufacturing techniques on high-value metals, and deploying its cutting-edge microgrid capabilities to support its operationsNigel Topping, UN high-level climate action champion for COP26, said: “With 2.6 billion people and over half of global GDP now covered by net zero goals, Rolls-Royce is positioning itself to meet huge growth in demand for net zero transport and power. As a company operating in some of the hardest to abate sectors, this a big act of industrial technology leadership.”