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What is F1’s sustainability strategy?
Formula 1 launched its sustainability strategy in 2019, which set out the following ambitions:
- To achieve Net Zero Carbon by 2030
- To leave a legacy of positive change wherever it races
- To build a more diverse and inclusive sport
To achieve Net Zero Carbon by 2030, F1 committed to an absolute carbon emission cut of at least 50% versus 2018. That target was set using science from the Intergovernmental Panel on Climate Change (IPCC) and its definition of Net Zero emissions, and follows guidance set by the Greenhouse Gas Protocol.
Earlier this year, Formula 1 released its 2023 Impact Report, a comprehensive document detailing how F1 is successfully delivering its sustainability strategy, and diversity and inclusion aims, through multiple Environmental, Social and Governance (ESG) activities.
EXPLAINED: What is the F1 Impact Report and why does it matter?
The combined efforts of Formula 1 and its key stakeholders, including the F1 teams, race promoters and partners, have reduced the sport’s carbon footprint through key developments involving the transition to renewable energy use at Formula 1’s offices and across all F1 team facilities, as well as logistical changes including remote operations and increased sea freight.
There is still work to do, and the report sets out the steps being taken to further reduce the footprint. Developments here, including Sustainable Aviation Fuel, will have a huge impact in tackling the carbon footprint left behind by necessary travel and logistics.