Mercedes sets new net zero target to ‘reduce CO2 footprint’
Mercedes AMG Petronas Formula One Team
Mercedes has confirmed that it has surpassed its environmental sustainability objectives, setting new ‘world-leading’ benchmarks. The Brackley-based racing team had hoped to reduce CO2 emissions by half by 2022.
This initial goal necessitated a reduction from about 20,000 tonnes in 2018 to 10,000 tonnes at the time of this recent report. Mercedes will not relent in its pursuit of the title of “world’s most sustainable professional sports team.”
Mercedes takes a step forwards in being environmentally conscious
“We have set challenging targets to reduce our CO2 footprint across all scopes and achieve verified net zero by 2030. We will be assessing our carbon footprint to industry benchmark standards in line with the Greenhouse Gas Protocol Guidance and SBTi framework, including full Scope 3 emissions reporting,” said a Mercedes statement.
“We will target a 100 per cent reduction in our Scope 1 and 2 emissions and 50 per cent in Scope 3 by 2026, and 75 per cent reduction in Scope 3 emissions and 25% carbon removal by 2030,” further read the statement. Mercedes’ new goal surpasses F1’s, with the motorsport striving for a net zero carbon footprint by 2030.
Today we released our annual Sustainability Report 💚
The report reflects on the progress we have made as a team over the past 12 months to reduce our emissions, address diversity within motorsport and support our local communities 👇
— Mercedes-AMG PETRONAS F1 Team (@MercedesAMGF1) August 4, 2022
“We are a team of problem solvers and we’re setting ourselves ambitions on how to become more sustainable across all that we do. We are at the start of this journey but have committed to extremely challenging targets because we are all in on the race towards a sustainable tomorrow. I am very proud of our team for the achievements that we have made so far and the industry-leading strategies we have committed to in the years ahead,” said Mercedes team principal Toto Wolff.