As we emerge from the pandemic, the task to create cleaner, more sustainable forms of power is more urgent than ever. There are few companies on the planet better placed than Rolls-Royce to help achieve this goal. We recently joined the UN Race to Zero campaign, pledging to become net zero carbon in our operations by 2030 and, more fundamentally, set an ambition to play a leading role in enabling the sectors in which we operate to reach net zero carbon by 2050, through the development of new products and technologies.
In aviation, we’ll continue to drive 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.
We’ll continue to accelerate the development of disruptive new technologies and capabilities for future low-emission products, including pioneering the electrification of flight.
And we’re planning to achieve net zero greenhouse gas emissions from our operations and facilities by 2030, by using 100% renewable energy, pioneering closed loop manufacturing techniques on high value metals, and deploying our cutting-edge microgrid capabilities to support our estate.
*Cirium: navigating the flight plan to recovery
** IATA May Air Passenger Market Analysis: Industry-wide revenue passenger kilometres (RPKs) contracted 91.3 per cent year-on-year; average load factor 50.7%; international RPKs contracted 98.3 per cent year-on-year.