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MEDIA RELEASE

Rolls Royce joins the ITF Corporate Partnership Board

Rolls-Royce, one of the world's leading industrial technology companies, has joined the Corporate Partnership Board of the International Transport Forum (ITF). Rolls-Royce and the ITF will work together on transport decarbonisation, innovation and digitalisation.

Rolls-Royce manufactures reciprocal engines, gas turbines, electric and hybrid propulsion systems for applications across land and sea. The company also designs and builds entire power generation, transmission and distribution systems for industrial applications. Rolls-Royce has customers in more than 150 countries. Its annual underlying revenue was EUR 13.8 billion in 2020.

The company's aircraft engines have earned more than 100 million flying hours in all types of aircraft from helicopters to widebody airliners. It is exploring opportunities in all-electric and hybrid-electric flight across many new markets from urban air mobility to the commuter and regional aviation markets. On ground and sea, it has hybrid-electric systems for use in trains, ferries and yachts.

Rolls-Royce joined the UN Race to Zero and Business Ambition for 1.5°C in 2020. It has committed to reduce emissions from its own operations to net-zero by 2030 and to play a leading role in enabling the sectors in which it operates to reach net-zero by 2050.

The ITF is an intergovernmental organisation with 63 member countries that facilitates global dialogue for better transport. It acts as a think tank for member governments and organises an Annual Summit of transport ministers. The Corporate Partnership Board (CPB) is the ITF's platform for engaging with the private sector and enriching global transport policy discussion with a business perspective.

Young Tae Kim, Secretary-General of the ITF, said:

"I am thrilled to welcome Rolls-Royce as a Corporate Partner of the International Transport Forum. For more than a century, the name Rolls-Royce has been synonymous with quality and innovation in the propulsion technologies that power human mobility. As the world transitions to zero-carbon transport, Rolls-Royce is again among the leaders who accept the challenge and commit to make change happen. I very much look forward to working with Warren East and his team as partners."

Warren East, CEO of Rolls-Royce, said:

"We need to work across borders and forge new partnerships to improve the economics and scalability of net-zero solutions, so we are delighted to be joining forces with the International Transport Forum on this important mission. It is platforms like the ITF that will be critical in the decarbonising of transport and the global race to net zero.

At Rolls-Royce, we believe that our innovative technology has a fundamental role to play in enabling the decarbonisation of transport and are looking forward to stepping up advocacy that can unlock and accelerate action".

The members of the ITF Corporate Partnership Board are: AB InBev, Airbus, Allianz Partners,Alstom, Aramco, Argo, Arrival, Autocrypt, Bosch, Cruise, ExxonMobil, Iberdrola, Kakaomobility, Michelin, NXP, PTV Group, Penta Security, RATP Group, Rolls Royce, Shell, Siemens, SNCF, SPEA Engineering, Tier, Total Energies, Toyota, Uber, Valeo, Voi, Volvo Cars, Volvo Group.

For more information about the ITF Corporate Partnership Board go to www.itf-oecd.org/CPB

Media Contact:

Michael KLOTH                                                                                  
Head of Communications                                                                  
M +33 (0)6 15 95 03 27                                                                     
michael.kloth@itf-oecd.org                                                           

ABOUT THE INTERNATIONAL TRANSPORT FORUM
Who we are
The International Transport Forum is an intergovernmental organisation with 62 member countries. It acts as a think tank for transport policy and organises the Annual Summit of transport ministers. ITF is the only global body that covers all transport modes. The ITF is administratively integrated with the OECD, yet politically autonomous.

What we do
ITF works for transport policies that improve peoples’ lives. Our mission is to foster a deeper understanding of the role of transport in economic growth, environmental sustainability and social inclusion and to raise the public profile of transport policy.

How we do it    
ITF organises global dialogue for better transport. We act as a platform for discussion and pre-negotiation of policy issues across all transport modes. We analyse trends, share knowledge and promote exchange among transport decision-makers and civil society. ITF’s Annual Summit is the world’s largest gathering of transport ministers and the leading global platform for dialogue on transport policy.
 
Learn more: www.itf-oecd.org
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