Mercedes Benz Grand Prix

Mercedes-Benz Grand Prix, based in the UK within the Recreational, cultural and sporting services sector, reported approximately 73.6 million kg CO2e in total emissions for 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. The breakdown for 2024 includes approximately 337,000 kg CO2e for Scope 1 emissions, and Scope 2 emissions measured at approximately 3.6 million kg CO2e (location-based). Scope 3 emissions were substantial, with purchased goods and services accounting for approximately 49.8 million kg CO2e, and business travel contributing around 9.7 million kg CO2e.

In 2023, the company's total emissions were approximately 64.6 million kg CO2e. Scope 1 emissions were around 465,000 kg CO2e, while Scope 2 emissions (location-based) stood at approximately 3.5 million kg CO2e. Purchased goods and services were the largest contributor to Scope 3 emissions at approximately 35.8 million kg CO2e, followed by business travel at approximately 10.4 million kg CO2e.

For 2022, total emissions were approximately 56.7 million kg CO2e. Scope 1 emissions were around 604,000 kg CO2e, and Scope 2 emissions (location-based) were approximately 3.2 million kg CO2e. Scope 3 emissions were dominated by purchased goods and services at approximately 30.4 million kg CO2e, with business travel at approximately 9.1 million kg CO2e.

Mercedes-Benz Grand Prix has set a near-term target to achieve a 100% reduction in Scope 1 and 2 emissions by 2030. They also aim for a 75% reduction and 25% removal of these emissions within the Race Team's control. Furthermore, the company has made a commitment to Net Zero emissions by 2050. They are also a signatory to the Climate Pledge.