F1 has shared its report on what they have achieved in the last few years with regards to 2030 Net Zero Carbon goal.
Formula 1 has today launched its first ever Impact Report, detailing key work and important progress on Environmental, Social and Governance (ESG) areas as well as updating on its carbon footprint.
Carbon Reduction:
- Formula 1 is on track to meet its 2030 Net Zero goal, reporting a 13% reduction in carbon emissions in 2022 vs 2018 base line.
- 37% of further reductions required to hit minimum 50% absolute reduction by 2030, as set out in F1’s sustainability commitment in accordance with the science from the Intergovernmental Panel on Climate Change (IPCC).
- This figure shows reductions made in the 2019-2022 seasons and is the first comparable year to 2018 baseline after the covid impacted seasons of 2020 and 2021, which naturally saw a reduction in travel.
- 2023 carbon data is currently in the collection phase with all our stakeholders.
Carbon Reduction Next Steps:
The reduction to date has been achieved through movement to remote operations, use of renewable energy in factories, offices and at our events, as well as a reduction in the amount of freight that is sent round the world.
The next stage of our reduction will focus on three areas and is already underway:
- Investment in an alternative fuels strategy across all parts of the operation, including the delivery of Sustainable Aviation Fuel (SAF) in airfreight, biofuels for road and sea freight, and 100% sustainable fuel for cars in 2026 Paddock wide solutions to reduce energy consumption and further transition operations to renewable options across all stakeholders.
- Next generation operations that will see investment in new technologies that reduce the reliance on physical infrastructure, change the mode of freight transport to less carbon intensive options, such as sea freight, and reduce the amount of equipment that is required.
2023 highlights from across our work in environmental, social and governance:
- 75% of our promoters powered aspects of their events using renewable energy, up from 50% in 2022.
- A low-carbon energy generation trial in Austria reduced emissions in the Pit, Paddock and Broadcast compound by 90% vs the 2022 Grand Prix.
- The European leg of the season was delivered by DHL biofuel powered trucks, reducing carbon emissions by 83% vs the previous year.
- F1, the F1 teams, and the FIA hosted STEM days in schools across the UK for more than 350 children that meet Engineering UK’s equality, diversity, and inclusion criteria.
- Formula 1 and all ten teams retained their FIA Three-Star Environmental Accreditation, becoming the first championship to achieve this feat.
- The first cohort of students from Formula 1’s Engineering scholarship took up their placements with F1 teams. By 2025, we will have supported 50 students through this programme.
Here’s full report: https://corp.formula1.com/wp-content/uploads/2024/04/Formula-1-2023-Impact-Report.pdf
Here’s F1 2025 calendar
Here’s Andretti opening up its UK facility
Here’s Pirelli testing 2025 tyres for 2025
Here’s link to a F1 Discord channel, join in to interact
[Note: The story is as per press release]