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Rolls-Royce is a global company that provides power
systems and services for land, sea and air. From enabling
fast and reliable travel, to meeting the challenge of
assisting world security, our products make a positive
contribution to the quality of life enjoyed by people
all over the world.
Our engines for civil aircraft enable people to travel
on business or for pleasure with 600 airlines and 4,000
corporate and utility aircraft and helicopter operators.
They also play a role in the transport of cargo by air
– increasingly playing a vital role in the global
economy.
The security of more than 100 nations as well as humanitarian
relief efforts relies upon our engines for defence aerospace.
Our products for the naval marine market are used by
70 navies and contribute to global security, while our
commercial marine products enable ships to transport
people and goods across the oceans.
The provision of clean, affordable power is vital to
drive economic and social development. The products
we make for energy markets enable the supply of oil
and gas to consumers worldwide and the efficient generation
of electricity. We have energy customers in 120 countries.
Gas turbine technology produces substantially fewer
greenhouse gas emissions than conventional coal-fired
power stations and gas turbines can use hydrogen or
biofuels to generate renewable energy.
Supporting these products throughout their lives is
a key part of our business, contributing to a sustainable
economy by keeping engines in service for an average
service life of 25 years and creating value for our
customers.
We invest consistently each year in research and development
programmes designed to make our products cleaner and
quieter and we set ourselves stringent targets to reduce
the environmental impact of our manufacturing operations.
The most significant contribution Rolls-Royce makes
in the field of Corporate Social Responsibility comes
from the wealth created by maintaining the 38,000 highly-skilled
jobs which arise from our business activities, mainly
in the UK, North America, Germany and the Nordic Countries.
In 2004 our global wage bill was £1.5 billion.
In addition, the company’s activities support
thousands of jobs throughout our global supply chain.
We are a member of the Dow Jones Sustainability Index
of the world’s best companies for their overall
approach to sustainability issues. In the UK, we participate
in the Business in the Community Corporate Responsibility
Index.
We comply fully with the UK Government's Combined Code
on corporate governance and have a non-executive Chairman
and seven non-executive directors.
Our Code of Business Conduct applies to all employees
and sets out the high standards of behaviour we expect.
It covers areas such as confidentiality, conflicts of
interest, business gifts and hospitality.
We also expect our suppliers to maintain high standards
in their business dealings and we have developed a strong
Supplier Code of Conduct to cover supplier quality and
continuous improvement.
The health and safety of our workforce is paramount
and we have rigorous procedures in place to monitor
and maintain the highest standards in the workplace,
including widely respected occupational health provision.
Policies are in place covering every aspect of employment
from equality of opportunity to family-friendly guidelines.
We invest heavily in learning and development for our
employees. The Rolls-Royce Development System ensures
common processes for employee development across the
world. The learning system ensures that employees have
the learning they need for both their professional and
general development and we deliver learning both through
dedicated training centres in the UK, the USA and China,
and through e-learning. We also offer training to our
customers and potential customers around the world.
We are committed to the communities in which we operate
and our community investment programme involves support
for the arts, the environment, education and economic
and social regeneration. In 2004 we made charitable
donations of £969,000. In addition, contributions
of £1.3 million were made to projects through
the company’s sponsorship committee, individual
business groups and through educational programmes.
Our employees also gave more than £451,000 to
charity through the payroll-giving scheme in the UK,
United Way in the USA and United Way Centraid in Canada.
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