The Mercedes-AMG PETRONAS Formula 1 team has published its second annual sustainability report

(*1*)August 5, 2022 / Daimler

The Mercedes-AMG PETRONAS F1 Team is happy to announce the discharge of its annual sustainability report. The report demonstrates our dedication to steady enchancment and goals to supply a clear and complete overview of our environmental and social initiatives and impacts for the interval from August 2021 to August 2022, together with the publication of our externally audited carbon footprint for 2021.


The report highlights our dedication to delivering industry-leading sustainability initiatives, constructing an much more numerous and inclusive team by way of our Accelerate 25 program, and summarizing our group and group engagement. Being the primary group to publish the sort of report in 2021, that is the second time the team has documented its sustainability actions.

atmosphere

Exceeding our purpose of decreasing carbon emissions by 50% by 2022, we stay up for the following problem as we transfer from finest practices to pioneers.

Our purpose is to include environmental sustainability into each determination and motion we make. With the strategic purpose of turning into the world’s most sustainable skilled sports activities team, now we have set formidable objectives to scale back our carbon footprint in all areas and attain verified internet zero by 2030. We assess our carbon footprint in opposition to {industry} normal benchmarks in accordance with the Greenhouse Gas Protocol tips and the SBTi framework, together with full scope 3 emissions reporting.

By 2026, we goal to scale back our scope 1 and a couple of emissions by 100% and our scope 3 emissions by 50%. By 2030, we goal to scale back Scope 3 emissions by 75% and carbon by 25%.

We are taking vital steps to deal with our largest sources of emissions by turning into the primary world sports activities team to put money into sustainable aviation gas, an industry-leading strategy to decreasing the Scope 3 aviation footprint that almost halves our racing team’s air journey footprint.

Diversity, Equity and Inclusion

Building a various workforce stays a high precedence for our team as a part of our Accelerate 25 program. In it, we mandated that from 2021 to 2025, not less than 25% of all new hires should come from underrepresented teams.

A overview of all new hires reveals that in 2021, 38% of latest team members come from deprived backgrounds; this yr it is going to be 32% by the top of June 2022. The proportion of ladies in our workforce elevated from 12% to fifteen%, and the proportion of ethnic minority workers elevated from 3% to 7%. Although these numbers aren’t but the place we have been aiming, we’re happy that our constructive motion inside Accelerate 25 is having a measurable impression.

One of the principle pillars of the Accelerate 25 program is to encourage and encourage gifted college students from underserved communities to pursue technical careers by way of STEM training, within the hope that they may later need to be a part of our team. We are delighted to proceed our work with Mulberry Schools Trust, Stemettes and the UK Black and Minority Ethnic Engineers Association this yr and to welcome two new Accelerate 25 companions: the Sutton Trust and the Business Disability Forum.

Together with Sir Lewis Hamilton, we introduced the launch of Ignite, a not-for-profit partnership working to advertise variety and inclusion in British motorsport in 2021, and now its first grants to Motorsport UK Girls on Track UK and the Royal Academy of Engineering. introduced.

Charity and group

As a part of our quest to positively impression native communities and our {industry}, we’re dedicated to utilizing our team’s assets to learn these in want and share the eagerness for motorsports that drives us all.

We are proud to assist the area people and Brackley City Council by sponsoring charities, organizing group occasions and outreach to native colleges.

Our team members have raised nearly £75,000 for our official team charity Alzheimer’s Research UK, very near our goal of £100,000 by December 2022.

Toto Wolff, Principal and Managing Director of the Mercedes-AMG PETRONAS F1 Team:

“Competition is all about ardour. Working within the quickest and most dynamic sport on Earth, we’re liable for leveraging this world platform to do greater than lead; we need to be pioneers. Over the previous few years, we have labored tirelessly to higher perceive and alter the impression now we have on the world. We are totally dedicated to constantly excessive efficiency. This is the way forward for all of us.

Whether we’re utilizing our assets to advance technological advances that assist society clear up the environmental challenges we face, or whether or not we’re dedicated to growing the variety of our workforce and supporting folks in want in our native communities, our ardour is not nearly vehicles. take a look at the racetrack, however in the whole lot we do.

We are a bunch of drawback solvers and we set ourselves formidable objectives for sustainability in all areas through which we function. We are solely firstly of this journey, however now we have set ourselves very formidable objectives as a result of we’re totally dedicated to the race in the direction of a sustainable future. I’m happy with our team, our accomplishments up to now, and our industry-leading methods for the approaching years.

What’s taking place on the highway is carefully associated to what’s taking place on the earth, and that motivates the entire team to go quicker and additional.”

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