Rolls-Royce Holdings PLC 2020 AR2
The report highlights Rolls-Royce's performance during a challenging 2020, heavily impacted by the COVID-19 pandemic, particularly in its Civil Aerospace division. In response, the company launched a major restructuring programme to remove at least 9,000 roles globally and consolidate its manufacturing footprint. Financially, the company secured £2.0 billion through a rights issue and £5.3 billion in new borrowing facilities to improve liquidity. On sustainability, Rolls-Royce pledged to achieve net zero carbon in its operations by 2030 and joined the UN Race to Zero campaign, committing to make all its products compatible with net zero operations by 2050.
Company: Rolls-Royce Holdings PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2020
Type: AR2
Pages: 218
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Rolls-Royce Holdings PLC
Annual Report
The report highlights Rolls-Royce's performance during a challenging 2020, heavily impacted by the COVID-19 pandemic, particularly in its Civil Aerospace division. In response, the company launched a major restructuring programme to remove at least 9,000 roles globally and consolidate its manufacturing footprint. Financially, the company secured £2.0 billion through a rights issue and £5.3 billion in new borrowing facilities to improve liquidity. On sustainability, Rolls-Royce pledged to achieve net zero carbon in its operations by 2030 and joined the UN Race to Zero campaign, committing to make all its products compatible with net zero operations by 2050.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees