Public Profile

Mercedes Benz Grand Prix

Mercedes Benz Grand Prix, officially known as Mercedes AMG Petronas Formula One Team, is a prominent player in the motorsport industry, headquartered in Brackley, Northamptonshire, GB. Founded in 2010, the team has quickly established itself as a powerhouse in Formula One, achieving multiple Constructors' and Drivers' Championships, particularly during the dominant era from 2014 to 2020. Specialising in high-performance racing, Mercedes Benz Grand Prix is renowned for its cutting-edge engineering and innovative technology, which set it apart from competitors. The team's commitment to excellence is reflected in its state-of-the-art facilities and a strong focus on research and development. With a reputation for speed and reliability, Mercedes continues to lead the pack, solidifying its position as a formidable force in the world of motorsport.

DitchCarbon Score

How does Mercedes Benz Grand Prix'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.

43

Industry Average

Mean score of companies in the Recreation and Sports 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.

2

Industry Benchmark

Mercedes Benz Grand Prix's score of 43 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Mercedes Benz Grand Prix's reported carbon emissions

In 2023, Mercedes-Benz Grand Prix reported total carbon emissions of approximately 57,917,000 kg CO2e. This figure includes 355,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources. Scope 2 emissions, primarily from purchased electricity, accounted for about 3,521,000 kg CO2e. The majority of their emissions, approximately 48,576,000 kg CO2e, fell under Scope 3, which includes indirect emissions from the value chain, such as capital goods and business travel. In 2022, the company recorded total emissions of about 54,053,000 kg CO2e, with Scope 1 emissions at 367,000 kg CO2e and Scope 2 emissions at 3,226,000 kg CO2e. The Scope 3 emissions for that year were approximately 48,576,000 kg CO2e, indicating a consistent trend in their emissions profile. Mercedes-Benz Grand Prix has committed to achieving net-zero emissions across all scopes by 2050, as part of their long-term climate strategy. They are actively engaged in the Science Based Targets initiative (SBTi) and have set a commitment to reduce emissions in line with climate science. The company signed the Amazon Climate Pledge in November 2023, further solidifying their dedication to climate action. Overall, Mercedes-Benz Grand Prix is focused on reducing their carbon footprint through various initiatives, while aiming for significant long-term reductions in emissions as part of their sustainability commitments.

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202120222023
Scope 1
222,000
000,000
000,000
Scope 2
-
0,000,000
0,000,000
Scope 3
-
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mercedes Benz Grand Prix's primary industry is Recreational, cultural and sporting services (92), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Mercedes Benz Grand Prix is headquartered in GB, which has a rank of low, indicating low grid carbon 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.

Mercedes Benz Grand Prix 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers