Rolls-Royce in the Community Powering a better world
Rolls-Royce in the Community Powering a better world
Rolls-Royce in the Community Powering a better world
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Mak<strong>in</strong>g a commitment<br />
to our communities<br />
‘Susta<strong>in</strong>ed <strong>in</strong>vestment <strong>in</strong> communities<br />
makes a positive difference and delivers<br />
tangible benefits to our bus<strong>in</strong>ess’<br />
This is our first community <strong>in</strong>vestment report,demonstrat<strong>in</strong>g our firm and<br />
long-stand<strong>in</strong>g commitment to <strong>the</strong> communities <strong>in</strong> which our employees<br />
live and work around <strong>the</strong> <strong>world</strong>.It is a significant first step <strong>in</strong> our future<br />
community report<strong>in</strong>g.<br />
Companies and communities should co-exist to mutual benefit.Our duty<br />
of care to our neighbours is l<strong>in</strong>ked to our operational bus<strong>in</strong>ess objectives<br />
and is an <strong>in</strong>tegral part of our approach to corporate responsibility.<br />
As a global bus<strong>in</strong>ess and a major employer <strong>in</strong> <strong>the</strong> UK,Germany,<strong>the</strong> Nordic<br />
Countries and North America,<strong>the</strong> most significant contribution we can<br />
make to our communities is to generate susta<strong>in</strong>ed economic wealth.<br />
We achieve this through <strong>the</strong> sales of our products and services.<br />
Last year our global wage bill was £1.5 billion.This,comb<strong>in</strong>ed with<br />
around £600 million we <strong>in</strong>vested <strong>in</strong> research and technology and<br />
£200 million on capital expenditure,generated a significant impact<br />
on our economies.Inevitably,such expenditure creates a positive<br />
knock-on effect <strong>in</strong> our communities.<br />
Susta<strong>in</strong>ed <strong>in</strong>vestment <strong>in</strong> communities makes a positive difference and<br />
delivers tangible benefits to our bus<strong>in</strong>ess.Our community programmes<br />
help us to attract new talent,engage with our stakeholders and generate<br />
prosperity.Our bus<strong>in</strong>ess also benefits from <strong>the</strong> wide range of skills and<br />
experience which our people ga<strong>in</strong> from tak<strong>in</strong>g part <strong>in</strong> <strong>the</strong>se activities.<br />
For a century,<strong>the</strong> <strong>Rolls</strong>-<strong>Royce</strong> name has been synonymous with eng<strong>in</strong>eer<strong>in</strong>g<br />
excellence and we strive to br<strong>in</strong>g this excellence to our community<br />
programmes.We all have a stake <strong>in</strong> <strong>the</strong> health and vitality of our communities<br />
and this report demonstrates how we are mak<strong>in</strong>g a genu<strong>in</strong>e and last<strong>in</strong>g<br />
impact.I welcome your comments and suggestions as we cont<strong>in</strong>ue to<br />
develop our activities <strong>in</strong> this area.<br />
Sir John Rose<br />
Chief Executive<br />
April 2004<br />
1<strong>Rolls</strong>-<strong>Royce</strong> <strong>in</strong> <strong>the</strong> <strong>Community</strong>