Sustainability Magazine August 2024 | Page 129

SUPPLY CHAIN

“BEING PART OF THE ISSUE IS NOT MEANINGFUL – BEING PART OF THE SOLUTION IS ”

SIR LEWIS HAMILTON SEVEN-TIME WORLD CHAMPION , MERCEDES-AMG PETRONAS FORMULA ONE TEAM
“ As a Formula 1 team our efforts are judged by millions every time we go racing ,” explains Toto Wolff , Mercedes- AMG PETRONAS Formula One Team Principal and CEO .
“ Every race , every practice and every test sharpens the mind and helps us chase every millisecond .
“ Although we report annually on our sustainability progress , the commitment to optimise our operations and pursue sustainable high performance is always front of mind . Just like on track , we aim to improve our performance in every area and our annual Sustainability Report serves as a reminder of everything that ’ s happening behind the scenes .
“ Yes , we report on our results – our footprint ; our demographics ; our codes and policies but it ’ s much more than that – it ’ s about our people ; their collective power and our impact on the world within and beyond motorsport .
“ This reaches well beyond what we must do ; it ’ s about our innovation and what we can achieve by inspiring others to follow . We are privileged to work in a sport that demands high – performance teamwork , technology , and innovation . We have a responsibility to harness those elements , as well as our people and our global platform , to go further faster . It matters to me , our team members , our partners and , importantly , fans of our sport .
“ Ultimately , our ambition is to become one of the most sustainable global professional sports teams . It ’ s a long – term goal but an important one ; we set ourselves big challenges and recognise that it will take all of us to get there .”
The team is working on sustainability initiatives in every corner of the company , including sustainable fuels for on – track and travel including SAF , biofuels , renewable energy and electrification .
All elements of ESG are important to the team , who work in social sustainability and governance as much as environmental , believing that the three in tandem are far more successful and influential . sustainabilitymag . com 129