F1
Formula 1, officially known as the Formula One Group, is a premier motorsport organisation headquartered in Great Britain. Established in 1950, it has evolved into a global phenomenon, with major operational regions spanning Europe, Asia, and the Americas. The company is at the forefront of the motorsport industry, primarily focusing on the organisation and promotion of the FIA Formula One World Championship. Renowned for its cutting-edge technology and high-speed racing, Formula 1 offers a unique blend of entertainment and engineering excellence. The championship features iconic teams and drivers, showcasing innovative automotive advancements. With a rich history of milestones, including the introduction of hybrid power units in 2014, Formula 1 continues to lead the market, attracting millions of fans worldwide and securing its position as the pinnacle of motorsport.
DitchCarbon Score
How does F1's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Transport Equipment Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
F1's score of 13 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
F1's reported carbon emissions
As of the latest available data, Formula 1 (F1) has not disclosed specific carbon emissions figures for the most recent year. However, the organisation is actively engaged in climate commitments aimed at reducing its environmental impact. F1 has set ambitious goals to achieve a net-zero carbon footprint by 2030, focusing on various initiatives to enhance sustainability across its operations. While specific reduction targets and achievements are not detailed, F1 is committed to addressing its carbon emissions through a comprehensive strategy that includes improving energy efficiency, promoting sustainable fuels, and enhancing logistics to minimise emissions. The organisation is also working towards reducing Scope 1, 2, and 3 emissions, which encompass direct emissions from operations, indirect emissions from energy consumption, and emissions from the supply chain, respectively. F1's commitment to sustainability reflects a broader industry trend towards climate responsibility, aiming to inspire fans and stakeholders to engage in environmentally friendly practices. As the motorsport industry evolves, F1's initiatives will play a crucial role in shaping a more sustainable future.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
F1 is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
