- Formula E is only motorsport series to be certified net zero carbon since inception
- Series will cut energy used at events and HQ by 60% by 2030
- Freight, travel, food and beverage emissions to also be reduced by 27.5%
Electric single-seater series Formula E has become the first sport to commit to the Science Based Targets initiative (SBTi) and the Business Ambition Pledge to help tackle global warming.
The SBTi is a partnership between United Nations Global Compact, World Resources Institute (WRI), CDP and the World Wide Fund for Nature (WWF). The initiative is the lead partner of the Business Ambition for 1.5°C campaign, which is calling on companies to set net zero science-based targets.
Previously, Formula E has been actively involved in the global effort to become more sustainable, and is the first and only motorsport series to be certified net zero carbon since inception.
This new commitment to the SBTi includes Formula E's goal to cut its carbon emissions by 45 per cent by 2030. The series plans to do this by reducing emissions at its headquarters and at events by 60 per cent, as well as cutting all other emissions including freight, business travels, and food and beverage by 27.5 per cent.
Additionally, Formula E has become a member of the Race To Zero campaign, which aims to secure support from businesses, cities, regions and investors to help ensure a zero carbon recovery infrastructure that prevents future threats, creates jobs, and unlocks inclusive, sustainable growth.
"The ABB FIA Formula E World Championship exists to accelerate sustainable human progress through the power of electric racing," said Jamie Reigle, chief executive of Formula E.
"One year ago, Formula E became the first sport to be certified net zero since inception. Today, we achieve another first in aligning with the Science Based Targets initiative, reinforcing our leading position in world sport.
"We are delighted to see a host of other sporting events and properties accelerate their own sustainability agendas to reach net zero faster. Formula E will continue to set the agenda for sport as a catalyst for change and showcase how we can all take tangible steps to reduce our combined carbon footprint."
Alberto Carrillo Pineda, managing director of Science Based Targets at CDP, added: "We congratulate the ABB FIA Formula E World Championship on setting science-based targets consistent with limiting warming to 1.5°C, the most ambitious goal of the Paris Agreement.
"By setting ambitious science-based targets grounded in climate science, Formula E is taking action to prevent the most damaging effects of climate change."