Environmental
Sustainability is central to Formula 1’s strategy, with sport-wide commitments established. The strategy, published in 2019, took into account the emissions and impact of race events, including travel, freight, race cars, and more. Specific targets include an Advanced Sustainable Fuel for race cars in 2026, using Sustainable Aviation Fuel (SAF) across logistics, and increasing sea freight over flyaway equipment.
To achieve those targets, we acknowledge Formula 1 and the FIA need to involve the whole ecosystem, including teams and are pleased to have implemented several changes to reduce our emissions. In December 2022, we received FIA Three-Star Environmental Accreditation and regularly engage with Formula 1 and Formula 1 teams on best practice and reporting on the environmental impact of our activities to ensure we’re continually improving our sustainability journey.
We recognise that we don’t exist alone, but in partnership with our suppliers and stakeholders and will continue to work to drive the impact of our sustainability efforts beyond the walls of our organisation through innovation and teamwork.
FIA Environmental Accreditation
Our environmental work is underpinned by the FIA Environmental Accreditation, a program aimed at helping motorsport and mobility stakeholders worldwide to measure and enhance their environmental performance. By introducing clear and consistent environmental management into motorsport and mobility, it provides stakeholders with a three-level framework against which to accredit activities. The Environmental Accreditation framework is aligned with an internationally recognized environmental standard, ISO14001.
In December 2022, we achieved FIA Three-Star Environmental Accreditation in recognition of our environmental and governance efforts within our operations and trackside.
Our ESG department works cross-functionally across the organisation and has established targets across carbon, waste, energy and water.
One example of this can be demonstrated through our continual investment into Sustainable Aviation Fuel (SAF), in collaboration with Formula 1 to reduce the emissions associated with our airfreight logistics.
Our office premises are another core aspect of our sustainability initiatives to ensure we embed deep-rooted sustainability in the way we work and operate. Our UK office in Banbury has been supplied with 100% renewable electricity since October 2022, with the sources of this energy provided to us by our supplier. Utilities, travel, and logistics are all tracked internally, with reporting on these aspects completed in line with Formula 1 and FIA requirements for the seasons ahead.