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News Release ROLLS - ROYCE LAUNCHES PATHWAY TO POWER NET ZERO ECONOMY ROLLS R ROYCE 17 June 2021 Focused on producing the technology breakthroughs society needs to decarbonise three critical areas of the global economy and capture the economic opportunity of the transition to net zero New products compatible with net zero by 2030 , whole business compatible by 2050 By 2023 , all in - production civil aero engines to be proven compatible with 100 % sustainable aviation fuels , contributing to UN Race to Zero breakthrough goal for sustainable aviation Science - based target to reduce lifetime emissions of new sold products from Power Systems by 35 % by 2030 ; new generation Series 2000 , 4000 engines to be certified for sustainable fuel by 2023 Increasing proportion of gross R & D spent on lower carbon and net zero technologies to 75 % by 2025 to decarbonise transport , energy and the built environment Accelerating the race to a zero carbon economy We are today setting out our near - term actions to achieve net zero by 2050 at the latest . Our pathway shows how we will focus our technological capabilities to play a leading role in enabling significant elements of the global economy to get to net zero carbon by 2050 , including aviation , shipping , and power generation . This includes the development of new technologies , enabling an accelerated take - up of sustainable fuels and driving step - change improvements in efficiency . One year on from joining the UN Race to Zero campaign , we are announcing plans to make all our new products compatible with net zero by 2030 , and all our products in operation compatible by 2050. These products power some of the most carbon intensive parts of the economy . We are also introducing short - term targets - linked to executive remuneration - to accelerate the take - up of sustainable fuels , which have a key role to play in the decarbonisation of some of our markets , especially long - haul aviation . We are already well advanced with net zero and zero carbon technologies across our Power Systems portfolio and as a result have sufficiently reliable data to be able to define a science - based interim target to reduce by 35 % the lifetime emissions of new products sold by the business by 2030 . Driving system change to meet Paris Agreement climate goals There is no single solution to net zero and so we are innovating across multiple areas simultaneously . However , the pace and prioritisation of technological solutions , as well as global consistency and collaboration in policy , will also be key to success . Consequently , we are expanding our collaboration with partners , industry leaders and governments across the three critical systems in which we operate - transport , energy and the built environment to accelerate progress . These hard to abate sectors are all identified by the UN Race to Zero as requiring technological breakthroughs in order to meet the Paris Agreement climate goals and limit the global temperature rise to 1.5 ° C . Warren East , CEO , Rolls - Royce , said : " At Rolls - Royce , we believe in the positive , transforming potential of technology . We pioneer power that is central to the successful functioning of the modern world . To combat the climate crisis , that power must be made compatible with net zero carbon emissions . This is a societal imperative as well as one of the greatest commercial and technological opportunities of our time . Our products and services are used in aviation , shipping and energy generation , where demand for power is increasing as the world's population grows , becomes increasingly urbanised , more affluent and requires more electricity . These sectors are also among those where achieving net zero carbon is hardest . As a result , our innovative technology has a fundamental role to play in enabling and even accelerating , the overall global transition to a net zero carbon future . We believe that as the world emerges from the COVID - 19 pandemic and looks to build back better , global economic grow can be compatible with a net zero carbon future and that Rolls - Royce can help make that happen . " 1