Mercedes Benz Grand Prix

Mercedes-Benz Grand Prix Ltd, a UK-based company in the Recreational, cultural, and sporting services industry, reported total emissions of approximately 73,642,000 kg CO2e in 2024. This included approximately 337,000 kg CO2e from Scope 1 emissions, 3,558,000 kg CO2e from Scope 2 (location-based) emissions, and 69,747,000 kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions 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, comprising approximately 465,000 kg CO2e from Scope 1, 3,521,000 kg CO2e from Scope 2 (location-based), and 60,627,000 kg CO2e from Scope 3.

Mercedes-Benz Grand Prix Ltd is committed to significant emissions reductions. They are targeting a 100% reduction of Scope 1 and 2 emissions by 2030, with a goal of 75% reduction and 25% removal of these emissions within Race Team control. The company has also committed to a long-term net-zero target for all scopes by 2050 through the Science Based Targets initiative (SBTi), with their net-zero commitment status currently listed as "Yes." They are also a signatory to the Climate Pledge as of November 2023.