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The partnership will also include more focus on new sustainable technology solutions beyond the racetrack.
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Mercedes F1 eyes net zero CO2 emissions by 2030
The Mercedes Formula One team exceeded its goal to cut CO2 emissions by 50 percent over the last year and is on track to achieve a verified net zero by 2030.
The targets are to achieve a 100 percent reduction in scope one and two emissions, and a 50 percent reduction in scope three by 2026. Then it aims for a 75 percent reduction in scope three emissions and a final 25 percent carbon removal by 2030.
The team recently invested in sustainable aviation fuel, which should halve the air travel footprint of the race team personnel.
In the team's second annual sustainability report, it is also stated that Mercedes would use the Accelerate 25 program to ensure that at least 25 percent% of all new hires come from underrepresented groups every year, up to and including 2025. This percentage was 38 percent last year, but it is currently 32 percent this year.
The percentage of female employees on the team has climbed from 12 to 15 percent of the total workforce, while the number of employees from minority ethnic origins has increased from 3 to 7 percent.
According to Toto Wolff, Mercedes Formula One team principal, and CEO, they’re fully committed to sustainable high-performance, whether helping society address the environmental challenges, committing to increase the diversity of their workforce, and supporting those in need in our local communities.
He added that their passion isn’t just in the cars you see on the track, but across everything they do.
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