Rolls-Royce Holdings PLC, a renowned British multinational, is headquartered in the United Kingdom and operates extensively across Europe, North America, and Asia. Founded in 1904, the company has established itself as a leader in the aerospace and defence sectors, specialising in the design, manufacture, and distribution of power systems for aviation and marine applications. With a rich history marked by innovation, Rolls-Royce is best known for its advanced jet engines and propulsion systems, which are distinguished by their efficiency and reliability. The company has achieved significant milestones, including the development of the Trent engine family, which powers a majority of wide-body aircraft globally. As a key player in the aerospace industry, Rolls-Royce Holdings PLC continues to push the boundaries of technology, solidifying its position as a trusted partner for airlines and defence organisations worldwide.
How does ROLLS-ROYCE HOLDINGS PLC's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
ROLLS-ROYCE HOLDINGS PLC's score of 47 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Rolls-Royce Holdings PLC reported significant carbon emissions, with total Scope 1 emissions amounting to approximately 181,603,000 kg CO2e and Scope 2 emissions at about 2,077,000 kg CO2e (market-based) and 146,674,000 kg CO2e (location-based). The combined total for Scope 1 and 2 emissions reached around 328,277,000 kg CO2e globally. In the UK, the company recorded Scope 1 emissions of about 72,346,000 kg CO2e and Scope 2 emissions of approximately 1,326,000 kg CO2e (market-based) and 58,170,000 kg CO2e (location-based), leading to a total of about 130,516,000 kg CO2e for Scope 1 and 2. Rolls-Royce has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions from its operations and facilities by 2030 for both Scope 1 and Scope 2 emissions. This commitment includes a target to reduce Scope 1 and 2 emissions by 46% by 2030, using a 2019 baseline. Additionally, the company has pledged to reach net-zero across all scopes by 2050. These targets are part of a broader strategy to enhance sustainability and reduce the environmental impact of its operations. The company is actively working towards these goals, with a focus on maximising in-service product efficiency and ensuring safety as a priority. Rolls-Royce's climate initiatives are aligned with industry standards and reflect a commitment to addressing climate change effectively.
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2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 456,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 396,000,000 | 000,000,000 | 000,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | - | - | - | - | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
ROLLS-ROYCE HOLDINGS PLC is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.