ROLLS-ROYCE HOLDINGS PLC

Rolls-Royce Holdings PLC, headquartered in GB and operating in the Motor vehicles, trailers, and semi-trailers industry, has reported its carbon emissions and committed to significant climate targets.

In 2024, Rolls-Royce Holdings PLC reported approximately 78,000,000 kg CO2e in Scope 1 emissions, 66,000,000 kg CO2e in Scope 2 emissions, and approximately 85,880 kg CO2e in Scope 3 emissions (including 83,700 kg CO2e from use of sold products and 2,180 kg CO2e from purchased goods and services).

Looking back, the company's Scope 1 emissions were approximately 83,000,000 kg CO2e in 2023, 102,000,000 kg CO2e in 2022, 72,000,000 kg CO2e in 2021, and 85,000,000 kg CO2e in 2020. Scope 2 emissions for the same periods were approximately 72,000,000 kg CO2e in 2023, 78,000,000 kg CO2e in 2022, 92,000,000 kg CO2e in 2021, and 94,000,000 kg CO2e in 2020. Scope 3 emissions from use of sold products were approximately 96,800 kg CO2e in 2023, 85,700 kg CO2e in 2022, and 129,300 kg CO2e in 2019. Rolls-Royce Holdings PLC also reported Scope 1 and 2 emissions of approximately 382,000,000 kg CO2e in 2019, 312,976,000 kg CO2e (location-based) in 2018, 535,377,000 kg CO2e (location-based) in 2017, and 299,646,000 kg CO2e in 2016.

Rolls-Royce Holdings PLC has committed to several climate targets:

• A long-term net-zero target for Scope 1 and 2 emissions by 2030, which includes operational facilities.
• An absolute near-term target to reduce Group Scope 1 and 2 greenhouse gas emissions (including product testing) by 46% by the end of 2030, against a 2019 baseline. This target is considered to be on track for both two-year and five-year progress for Scope 1, and on track for two-year and five-year progress for Scope 2.
• An additional near-term net-zero target is to achieve net-zero greenhouse gas emissions from all energy purchased and consumed in the operation of buildings, facilities, and manufacturing processes by 2030. This includes a revised target to reduce total Scope 1 and 2 emissions by 50% by 2030 from a 2019 baseline.
• The company is also committed to achieving net-zero operations, facilities, and product tests by 2050 across all scopes.
• Furthermore, Rolls-Royce Holdings PLC has an absolute near-term target to reduce energy consumption by 50% by 2025, against a 2014 baseline.

Rolls-Royce Holdings plc has a near-term target status of "Committed" and has committed to net-zero, being a BA1.5 member (aligned with limiting global warming to 1.5°C).