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.
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.
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.
Mercedes Benz Grand Prix's score of 39 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Mercedes Benz Grand Prix reported total carbon emissions of approximately 57,917,000 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions were about 355,000 kg CO2e, Scope 2 emissions totalled approximately 3,521,000 kg CO2e, and Scope 3 emissions accounted for around 48,576,000 kg CO2e. The company has committed to achieving net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term commitment reflects their dedication to reducing their carbon footprint and addressing climate change. Additionally, Mercedes Benz Grand Prix has signed the Amazon Climate Pledge, further solidifying their climate commitments. In 2022, the total emissions were reported at approximately 54,053,000 kg CO2e, indicating a slight increase in emissions in 2023. The breakdown for 2022 included Scope 1 emissions of about 367,000 kg CO2e, Scope 2 emissions of approximately 3,226,000 kg CO2e, and Scope 3 emissions of around 48,576,000 kg CO2e. Overall, Mercedes Benz Grand Prix is actively working towards significant emissions reductions and has set ambitious targets to contribute to a more sustainable future.
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Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 222,000 | 000,000 | 000,000 |
Scope 2 | - | 0,000,000 | 0,000,000 |
Scope 3 | - | 00,000,000 | 00,000,000 |
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.