rolls-royce.comLEADING THE TRANSITION TO NET ZERO CARBONLast year when we joined the UN Race to Zero coalition, we pledged to play a leading role in enabling the sectors in which we operate reach net zero by 2050.FOREWORD OUR TRANSITION TO NET ZERO CARBONCONTENTSTo combat the climate crisis, we know that power must be made compatible with net zero carbon emissions. For us this is a societal imperative as well as one of the greatest commercial and technological opportunities of our time.Our customers use our products and services in industries such as aviation, shipping and energy generation, where demand for power is increasing as the world’s population grows, becomes increasingly urbanised, more affluent and requires more electricity. These are also among the industries where achieving net zero carbon is hardest. As other parts of the global economy decarbonise, they will contribute a more significant proportion of remaining emissions unless the technologies and the infrastructures underpinning them are completely reimagined. As a result, our innovation in sectors where reducing emissions is so tough, has a fundamental role to play in enabling and even accelerating the overall global transition to a net zero carbon future. Our pioneering work can have a positive impact across multiple areas of transport, energy and the built environment, three of the ‘systems’ defined by the UN Race to Zero as requiring the technological breakthroughs that we can help create. We have always sought to make our products more efficient, but we need to go further. Last year when we joined the UN Race to Zero coalition1, we pledged to play a leading role in enabling the sectors in which we operate reach net zer...
