Today, Rolls-Royce has announced that it has joined the UN Race to Zero campaign, intending to lead the way in the climate challenge the world faces. It is committed to becoming net-zero carbon in its operations by 2030. Moreover, the engine specialist is pledging to help all the sectors in which it operates to reach net-zero carbon by 2050.
Showing its intent
According to a press release seen by Simple Flying, the British outfit is focused on curbing the global temperature rise to 1.5°C above pre-industrial levels to avoid the worst impacts of climate change. Therefore, it is using its expertise and resources to make a positive change in its industries.
Below are some of the significant steps that Rolls-Royce will follow.
- Use its technological capabilities to play a leading role in enabling vital parts of the economy to get to net zero carbon by 2050.
- Continue to, and seek to accelerate, progress against stated company and industry carbon reduction targets and goals.
- Continue investment in research & development (R&D) in search of more efficient products and new solutions.
- Publish a clear roadmap later this year, setting out a pathway to hitting its 2050 target, including interim milestones.
The rights tools at hand
Nonetheless, Rolls-Royce is already clear about the technological advancements that it wants to make. It is looking to lead a consortium to build small modular nuclear power stations.
These can provide competitive yet clean, low carbon power at scale. Additionally, it is pioneering the electrification of flight with its developments. It is already deploying electric systems in rail and marine industries, but is looking to expand these innovations to the aviation market.
Also, the business is looking to achieve its 100 percent renewable goal by pioneering closed-loop manufacturing techniques on high-value metals and deploying its cutting-edge microgrid capabilities to support its holdings.
A shift in the market
Rolls Royce CEO Warren East shared how his company is eager to power its activity more sustainably following the global health crisis. He understands that it will be a big task, but his team is up for the challenge.
“The COVID-19 pandemic has brought immediate and obvious pressures to our industry and to us as a company, but the long-term challenges our world faces have not gone away,” East said, as per the press release.
“The world on the other side of this pandemic will need the power that we generate to fuel economic recovery. I absolutely believe the call for that power to be more sustainable and net-zero will be stronger than ever. Answering that call is a big, complex challenge and few companies on the planet are better placed than Rolls-Royce to help.”
The executive went on to state that his firm will use its capabilities to play a leading role in enabling the vital sectors in which it operates achieve net-zero emissions by the middle of this century. Moreover, he believes that this ambition will drive its competitiveness for the future.
Ultimately, the company is showing its determination to solve the complex issue at hand. It believes that not only can it perform in a net-zero carbon future, but it can also be an essential part of the change.
What are your thoughts about Rolls-Royce’s ambitions? Let us know what you think in the comment section.