Rolls-Royce launches pathway to power net-zero economy
The company has identified near-term actions to achieve net-zero by 2050 at the latest.
This includes the development of new technologies, enabling an accelerated take-up of sustainable fuels and driving step-change improvements in efficiency.
Rolls-Royce plans to make all new products compatible with net-zero by 2030, and all products in operation compatible by 2050. It is also introducing short-term targets – linked to executive remuneration – to accelerate the take-up of sustainable fuels, especially in long-haul aviation.
Other targets include:
- By 2023, all in-production civil aero engines to be proven compatible with 100% sustainable aviation fuels.
- Reducing lifetime emissions of new sold products from Power Systems by 35% by 2030; new generation Series 2000, 4000 engines to be certified for sustainable fuel by 2023.
- Increasing the proportion of gross R&D spent on lower carbon and net-zero technologies to 75% by 2025 to decarbonise transport, energy and the built environment
