Mercedes Benz Grand Prix

As a recreational, cultural and sporting services company based in the GB, Mercedes Benz Grand Prix reported total emissions of approximately 73,642,000 kg CO2e in 2024. This figure includes about 337,000 kg CO2e from Scope 1 emissions, 500 kg CO2e from Scope 2 market-based emissions, and approximately 73,299,000 kg CO2e from Scope 3 emissions. Key contributors to Scope 3 were purchased goods and services (approximately 49,763,000 kg CO2e), business travel (approximately 9,707,000 kg CO2e), and upstream transportation and distribution (approximately 7,412,000 kg CO2e).

In 2023, the company's total emissions were approximately 64,612,000 kg CO2e. This comprised around 465,000 kg CO2e from Scope 1 and approximately 64,147,000 kg CO2e from Scope 3. Major Scope 3 categories included purchased goods and services (approximately 35,808,000 kg CO2e), business travel (approximately 10,359,000 kg CO2e), and upstream transportation and distribution (approximately 7,717,000 kg CO2e).

For 2022, total emissions were approximately 56,682,000 kg CO2e, with about 604,000 kg CO2e from Scope 1 and approximately 56,078,000 kg CO2e from Scope 3. Significant Scope 3 categories included purchased goods and services (approximately 30,400,000 kg CO2e), business travel (approximately 9,075,000 kg CO2e), and capital goods (approximately 5,626,000 kg CO2e).

Mercedes Benz Grand Prix aims for a 100% reduction of Scope 1 and 2 emissions by 2030, with a further target of 75% reduction and 25% removal of these emissions within Race Team control. The company is committed to net-zero and is a signatory of the Climate Pledge, which it signed on 9th November 2023. Mercedes-Benz Grand Prix Ltd has also committed to Science Based Targets.