Mercedes-AMG PETRONAS Formula 1 Team publishes second annual sustainability report

(*1*)August fifth, 2022 / Daimler

The Mercedes-AMG PETRONAS F1 Team is happy to announce our annual sustainability report. This report demonstrates our continued drive for sustainable excellence and goals to offer a clear and complete overview of our environmental and social initiatives and impacts for the interval August 2021 to August 2022, together with the publication of our externally verified carbon footprint for 2021.


This report highlights our dedication to delivering industry-leading sustainability initiatives, constructing a extra numerous and inclusive workforce by means of our Accelerate 25 program, and summarizes our group and group engagements. It is the second time the workforce has documented its sustainability actions – the primary to publish such a report in 2021.

atmosphere

Exceeding our goal to cut back our carbon emissions by 50% by 2022, we stay up for our subsequent problem, transferring from finest practices to pioneers.

Our purpose is to combine environmental sustainability into all of our selections and actions. With the strategic purpose of turning into the world’s most sustainable skilled sports activities workforce, we now have set formidable targets to cut back our carbon footprint in all areas and attain verified web zero by 2030. We will assess our carbon footprint towards {industry} commonplace benchmarks, together with the Greenhouse Gas Protocol steerage and SBTi framework, full Scope 3 emissions reporting.

By 2026, we purpose to cut back our Scope 1 and Scope 2 emissions by 100% and our Scope 3 emissions by 50%. By 2030, we purpose to cut back our Scope 3 emissions by 75% and carbon by 25%.

We are taking vital steps to deal with our largest sources of emissions by turning into the primary international sports activities workforce to spend money on sustainable aviation fuels, an industry-leading strategy to decreasing our Scope 3 aviation footprint that may nearly halve our racing workforce’s air journey footprint.

Diversity, Equity and Inclusion

Building a extra numerous workforce is a key precedence for our workforce as a part of our Accelerate 25 program. In it, we stipulated that at the very least 25% of all new workers should come from underrepresented teams yearly beginning in 2021 and together with 2025.

A evaluate of all new hires confirmed that 38% of our new workforce members in 2021 got here from underrepresented teams; This yr it was 32% by the top of June 2022. The proportion of girls in our workforce has elevated from 12% to fifteen% and the proportion of ethnic minority workers has elevated from 3% to 7%. While these numbers are usually not but what we’re aiming for, we’re happy to see the measurable affect of our constructive actions beneath Accelerate 25.

One of the primary pillars of Accelerate 25 is to encourage and encourage gifted college students from underrepresented teams to pursue technical careers by means of STEM schooling, with the hope that they may later need to be part of our workforce. We are delighted to proceed our work with Mulberry Schools Trust, Stamets and the Association for Black and Minority Ethnic Engineers UK this yr and to welcome two new Accelerate 25 companions: the Sutton Trust and the Business Disability Forum.

Together with Sir Lewis Hamilton, we introduced the creation of Ignite in 2021, a not-for-profit partnership working to advertise higher range and inclusion in British motorsport, and now Motorsport UK has its first grants to Girls on Track UK and the Royal Academy of Engineering. introduced.

Charity and group

As a part of our quest to positively affect our native communities and our {industry}, we’re dedicated to utilizing our workforce’s sources to profit these in want and to share the eagerness for motorsport that drives us all.

We are proud to assist our local people and Brackley City Council by means of sponsorship of charities, group of group occasions and outreach to native faculties.

Our workforce members have raised nearly £75,000 for our official workforce charity, Alzheimer’s Research UK, which could be very near our £100,000 goal which we purpose to succeed in by December 2022.

Toto Wolff, Team Principal and Managing Director of the Mercedes-AMG Petronas F1 Team mentioned:

“Racing is pushed by ardour. Operating within the quickest and most dynamic sport on the planet, it’s our duty to do greater than result in capitalize on this international platform; We need to be pioneers. Over the previous few years, we have labored tirelessly to vary and higher perceive the affect we’re having on the world. We are absolutely dedicated to sustainable excessive efficiency. This is the way forward for all of us.

Whether we use our sources to advance technological advances that assist society handle environmental challenges, or we decide to rising the range of our workforce and supporting these in want in our native communities, our ardour isn’t just in automobiles. Look on the racetrack, however in what we do.

We are a workforce of drawback solvers and we set ourselves formidable objectives to develop into extra sustainable in all of the areas we work in. We are solely initially of this journey however we now have set ourselves extraordinarily difficult objectives as we’re absolutely dedicated to the race in direction of a sustainable future. I’m very happy with our workforce, what we have achieved to date and the industry-leading methods we’re dedicated to for years to come back.

What occurs on the monitor is inextricably linked to what’s occurring on the planet and that motivates the entire workforce to go sooner and additional.”

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