Formula E
Formula E, officially known as the FIA Formula E Championship, is a pioneering motorsport series headquartered in Great Britain. Founded in 2011, it has rapidly established itself as a leader in the electric vehicle racing industry, promoting sustainable mobility and innovation. The championship features fully electric single-seater cars racing on temporary street circuits in major cities around the world, including locations across Europe, Asia, and North America. With a commitment to sustainability, Formula E showcases cutting-edge technology and serves as a platform for manufacturers to develop and demonstrate electric vehicle advancements. Notable achievements include attracting major automotive brands and securing partnerships that enhance its market position. As a trailblazer in the motorsport arena, Formula E continues to drive the conversation around clean energy and the future of transportation.
DitchCarbon Score
How does Formula E'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 Business Services 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
Formula E's score of 38 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Formula E's reported carbon emissions
In 2023, Formula E reported total carbon emissions of approximately 32,509,000 kg CO2e. This figure includes 423,000 kg CO2e from Scope 1 emissions, 214,000 kg CO2e from Scope 2 emissions (market-based), and a significant 31,930,000 kg CO2e from Scope 3 emissions, which primarily stem from business travel (5,542,000 kg CO2e). Comparatively, in 2022, Formula E's emissions were about 33,455,000 kg CO2e, with Scope 1 at 323,000 kg CO2e, Scope 2 at 65,000 kg CO2e, and Scope 3 at 33,455,000 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Formula E has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi) and reflects the organisation's commitment to align with the 1.5°C climate goal. Additionally, Formula E is focused on measuring and reducing its Scope 3 emissions, which represent the majority of its carbon footprint. Overall, Formula E's proactive approach to sustainability and emissions reduction underscores its commitment to addressing climate change while promoting electric racing.
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Add to project| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 810,000 | 000,000 | 000,000 |
| Scope 2 | 122,000 | 00,000 | 000,000 |
| Scope 3 | 43,693,000 | 00,000,000 | 00,000,000 |
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.
Formula E is committed to some 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.
