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FORMULA E WINS INAUGURAL NET ZERO STRATEGY AWARD

  • Friday, November 17, 2023, 4:08 pm
  • ACROFAN=Newswire
  • newswire@acrofan.com
Formula E’s world-leading net zero carbon strategy has won the edie Net-Zero Award, reaffirming the championship’s position as the most sustainable sport on the planet.

Formula E’s net zero carbon strategy was commended at the awards ceremony last night for its ambition in reducing overall emissions in the ABB FIA Formula E World Championship by 45% by 2030. Formula E is also the only sport in the world to be net zero carbon from inception in 2014.

Since making the commitment in 2020 when Formula E became the first sport in the world to have its emissions reduction targets validated by the Science Based Target Initiative (SBTi), it is more than half way to achieving the 2030 target across Scopes 1, 2 and 3 having reduced championship emissions by 28% in just three years.

Edie’s new Net-Zero Awards have been created to recognise and celebrate organisations that are spearheading the transition towards a net zero carbon economy and that are taking world-leading steps in that transition. They run in tandem to the prestigious edie Awards that showcase the most sustainable businesses around the globe.

On Saturday, 13 January 2024, the first race of Season 10 of the ABB FIA Formula E World Championship will take place in Mexico City, marking a decade of world lead sustainability initiatives.

Julia Palle, Vice President, Sustainability, at Formula E, said:

“We are thrilled to have our world-leading net zero carbon strategy recognised by edie’s inaugural Net-Zero Awards. With ten years of racing under our belt our mission is not only to remain the most sustainable sport on the planet, but to inspire and encourage other sports and sectors to do more and move faster. We can all do more to reduce our impact on the environment, but with a clearly defined net zero carbon strategy the impact can be truly game changing in protecting the planet.”