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…