Sustainability: Formula E wins "edie Net-Zero Award"
Formula E has won another sustainability award. On Wednesday, it was honoured with the edie Net-Zero Award for its net-zero strategy. The racing series' ambitious plans envisage reducing emissions by 45 per cent by 2030.
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 has already achieved more than half of the target. The championship's emissions have been reduced by 28 per cent within three years. Regardless of this, the racing series has been offsetting all of its emissions for several years now and has even done so retroactively to the start of the championship in 2014.
"We are thrilled to have our world-leading net zero carbon strategy recognised by edie's inaugural Net-Zero Awards," said Julia Palle, Vice-President, Sustainability, at Formula E.
"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."