The Mercedes-AMG F1 Team has released its latest Sustainability Report, showcasing progress from January to December 2023. The report highlights how the team managed an expanding calendar and business growth while adhering to its sustainability commitments. The report also outlines future plans to become one of the most sustainable global professional sports teams.
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Environmental Achievements
Achieved a 10% reduction in market-based Race Team Control emissions using Sustainable Aviation Fuel certificates (SAFc) compared to 2022.
Reduced business travel emissions by 6,695 tCO2e in 2023 through the use of SAFc.
Saved 339 tCO2e and reduced emissions by 67% using HVO100 biofuel in race and hospitality trucks and generators across the European season.
Facilitated over 5,650 lift-sharing journeys to and from the Brackley campus.
Maintained 100% renewable electricity by purchasing Renewable Energy Guarantees of Origin (REGOs).
Social Progress
Exceeded the target of 25% new hires from under-represented groups every year since 2021.
Engaged in successful activations with Accelerate 25 partners.
Reduced the gender pay gap to 13.4% median and 23.2% mean.
Established an LGBTQ+ Forum and Working Family Network.
Partnered with mental health charity Mind as the Official Team Charity Partner.
Supported over 100 international, national, and local charitable causes.
Provided STEM grants to five local Brackley schools.
Achieved 89% team member engagement with annual Health Assessments.
Governance Enhancements
Implemented a Governance, Ethics, and Compliance Framework.
Published an Integrity Code.
Established a Governance Working Group.
Implemented a whistleblowing policy and platform.
Enhanced the due diligence platform and processes.
Launched a contract management platform.
Toto Wolff, Team Principal and CEO Mercedes-AMG F1 Team, commented:
“As a Formula One team, millions constantly evaluate us every time we race. Our sustainability commitment is a year-round effort to optimize operations and pursue sustainable high performance. Our annual report reflects our broader impact, highlighting our collective efforts beyond the track. We aim to inspire others through our innovation and commitment to becoming one of the most sustainable professional sports teams…
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