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Motor Vehicle Manufacturing
IT
updated 2 months ago

Racing Force Group Sustainability Profile

Company website

Racing Force Group, headquartered in Italy, is a leading player in the motorsport and automotive industry, specialising in high-performance components and innovative technologies. Founded in 2006, the company has rapidly established itself as a key supplier for Formula 1 teams and other motorsport disciplines, with a strong presence in Europe and beyond. The group offers a diverse range of products, including advanced telemetry systems, data acquisition solutions, and bespoke engineering services, all designed to enhance performance and safety on the track. Racing Force Group is renowned for its commitment to quality and precision, making it a trusted partner for top-tier racing teams. With a focus on continuous innovation, Racing Force Group has achieved significant milestones, solidifying its market position as a go-to provider for cutting-edge motorsport solutions.

DitchCarbon Score

How does Racing Force Group'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.

20

Industry Average

Mean score of companies in the Motor Vehicle Manufacturing 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.

26

Industry Benchmark

Racing Force Group's score of 20 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

40%

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Racing Force Group's reported carbon emissions

In 2023, Racing Force Group, headquartered in Italy, reported total carbon emissions of approximately 972,000 kg CO2e for Scope 1 and about 785,000 kg CO2e for Scope 2 (location-based). The combined total for Scope 1 and Scope 2 emissions reached approximately 1,332,000 kg CO2e. This data is cascaded from their parent company, Racing Force S.P.A. In 2022, the group's emissions were approximately 866,000 kg CO2e for Scope 1 and about 753,000 kg CO2e for Scope 2 (location-based), resulting in a total of around 1,619,000 kg CO2e for Scope 1 and 2 combined. Notably, in Italy, the emissions for the same year were about 168,000 kg CO2e for Scope 1 and approximately 109,000 kg CO2e for Scope 2. Racing Force Group has set ambitious reduction targets, aiming for a 30% decrease in overall energy consumption by 2023. This initiative includes the purchase of recycled clean energy for production and plant operations, applicable to both Scope 1 and Scope 2 emissions. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, Racing Force Group is actively working towards reducing its carbon footprint while adhering to industry standards for climate commitments.

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202120222023
Scope 1
750,000
000,000
000,000
Scope 2
659,000
0,000
0,000
Scope 3
-
-
-

How Carbon Intensive is Racing Force Group's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Racing Force Group's primary industry is Motor Vehicle Manufacturing, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Racing Force Group's Location?

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. This request for Racing Force Group is in IT, which has a low grid carbon intensity relative to other regions.

Racing Force Group's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Racing Force Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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