Formula E announced their receipt of a B Corp certification at the World Economic Forum, making the all-electric series the world’s first certified sport.
B corporation is a classification granted to companies based on their social and environmental standards and impact. Formula E joins 9,500 companies that are B Corp-certified across 160 industries in 102 countries.
However, it marks the first in the world of Global Sports. Joining the likes of Patagonia and Ben & Jerry’s as another B-Corp-certified company.
It comes in the lead-up to Formula E’s GEN4 launch. Which boasts 100% recyclable construction and 20% recycled materials when it hits the track next season.
The CEO of B Lab UK, which issues the B Corp certification, praised the innovation from Formula E since its inception.
Chris Turner said: “Welcoming Formula E to the B Corp community marks an exciting milestone for the entire sports industry. While showcasing the increasing momentum and global reach of the B Corp movement.
“Formula E’s industry leadership and commitment to driving meaningful change recognises that success and purpose have never been mutually exclusive. That positive impact is possible for companies in any sector and of all sizes.”
“Now in its twelfth season, Formula E is delivering its biggest and boldest calendar to date, with 17 races in 11 locations.”
They recognised Formula E as the first sport globally to receive the Net Zero Pathway certification from the British Standards Institution and continue to reduce their carbon impact.
“Designed with sustainability at its core. Its schedule groups races by continent to significantly reduce freight mileage and cut CO₂ emissions. Demonstrating that global scale and environmental leadership can thrive together.” Turner said.
Formula E looks to the future
Jeff Dodds, the Formula E CEO, said: “We didn’t set out to join a club; we set out to break the rules of what a global sport is allowed to be. B Corp Certification is the proof that we are driven by a different energy. one where elite performance and world-moving purpose belong in the same story.
“Most see sustainability as a seminar or a boardroom box to tick. We see it happening at 200mph around a corner in your city.
“Whether it’s pioneering sustainable aviation fuel or engineering a 100% recyclable race car. We are here to show the world that progress isn’t just necessary, it’s visceral. This isn’t a milestone to celebrate standing still; it’s a license to go even faster.”
Julie Pallé, the Formula E VP of Sustainability, echoed Dodds’ sentiments. Saying, “Becoming B Corp certified is a powerful recognition that electric racing can do more than inspire. It can drive real, measurable change.
“Formula E has always focused on impact – not just pledges supporting charities or carbon reduction – investing in renewable energy and working directly with local communities in every city we race.
“By joining the B Corp community, we will collaborate, challenge each other and deepen our impact across sport and industry.”
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