Rolls-Royce is in business to deliver better power for a changing world. The integrated power systems we develop, build and maintain address the increasingly global demand for transport and energy.
As society becomes more integrated, populations expand and the world becomes more affluent the requirement for the type of advanced engineering solutions we provide will grow. These are long-term trends that require long-term commitment to investment and present us with the opportunity for long-term profitable growth.
Across the Group we invest in technology that is continually setting new standards in power efficiency and environmental performance.
I believe that our commitment to the four C's; customer, concentration, cost and cash, will help us to achieve our vision of better power for a changing world.
Our business priorities are to deliver on the promises we have made, decide where to growth and where not to, and to improve our financial performance. Sustainability will play a critical role in ensuring we can deliver on these promises.
Customer - Continual improvement of our products and services will help our customers to do more using less
Concentration - Investment in product development, improving operational performance and the development of our people will help us grow our business and secure a better future
Cost and cash - Investing in improvement projects and reducing our wastes and inefficiencies to accelerate profitable growth and develop a better, leaner, business
We have announced new higher stretching targets out to 2020. Our goal is to be recognised as a leading sustainable business. These targets will accelerate our progress and show development towards this goal.
Sustainability makes good business sense. If we are not continually improving the performance of our products, our people and our operations then we will not remain competitive.