The Mercedes Formula One team have become the first motorsport outfit to sign The Climate Pledge.
Confirmed:
- The Climate Pledge is a commitment to reach Net Zero carbon emissions by 2040
- Mercedes joins more than 450 organisations to have signed the agreement
Context:
The Climate Pledge was founded in 2019 by Global Optimism and Amazon with the objective of contributing to the achievement of the Paris Agreement by 2040, ten years ahead of the international target.
Mercedes have introduced numerous initiatives having targeted Net Zero for their race operations by 2030, such as a biofuel trial during the European leg of the 2023 season that reduced CO2 emissions by 89 per cent.
In 2022, savings of over 2,600 tCO2 were achieved through investment into Sustainable Aviation Fuel (SAF) through a book and claim model, with a resulting 21 per cent reduction in air travel emissions.
Comment:
Toto Wolff, team principal and chief executive of the Mercedes Formula One team, said: “Signing The Climate Pledge is another demonstration of our intent to perform to the highest standard on sustainability.
“We want to win through sustainable high performance, and to win within the societal and planetary boundaries which exist. The ability to collaborate with many of these leading organisations, striving for the same goal, offers considerable benefits for all signatories.”
Coming next:
Mercedes will reveal their new car for the 2024 season on 14th February, ahead of the first race weekend in Sakhir, Bahrain from 29th February to 2nd March.