Formula 1 has announced that it is on course to have Net Zero status in five years’ time, after confirming improvements in its emission numbers.
In its annual sustainability report, F1 has confirmed a 26 per cent reduction in its emissions, which corresponds to 168,720 tonnes of CO2, down from 228,793.
Its sustainability strategy appears to being paying dividends, utilising logic in its 24-race schedule to enforce the lessening of emission use.
The alterations of some dates on the calendar mean that there is now a bigger banding of races by global region, aiding its cause by reducing frequent long-haul travel.
This, coupled with the increasing usage of wind and solar power by teams, as well as the implementation of biofuels in its freight in Europe – cutting emissions down by 83 per cent – is helping F1 reach its goal.
It will be further supported by the introduction of next year’s increased hybrid engines, which will see a more equal split between internal combustion and electric motors.
The report said that any unavoidable emissions “will be offset using credible programmes in line with latest best practice guidance”.
CEO Stefano Domenicali praised F1’s achievements from the announcement, saying its goal is “already visible in the significant reduction of our sport’s carbon footprint”.
“We are proud of what we have achieved so far and remain determined to continue on this path,” Domenicali added.
The Italian also praised F1’s desire to be “synonymous with innovation and the desire to improve,” adding: “Once again, this mentality has allowed us to make important progress, not only for those who work in this world, but also for society as a whole.
“While continuing to grow globally, we have shown that sustainable development is possible and that the strategies we have adopted are yielding tangible results.”
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