CREDIT : LAT IMAGES
MERCEDES-AMG PETRONAS FORMULA 1 TEAM ’ S ESG ACHIEVEMENTS 2024
Environment
• 10 % overall reduction in market – based Race Team Control emissions with SAFc vs 2022 .
• 6,695 tCO2e reduction in business travel emissions in 2023 through use of SAFc .
• 67 % reduction in emissions and 339 tCO2e saved through use of HVO100 biofuel across European season in race and hospitality trucks and generators .
• Over 5,650 lift sharing journeys to and from Brackley campus .
• 100 % renewable electricity maintained through purchase of REGOs .
Social
• Exceeded target of 25 % of new hires from under – represented groups every year since 2021 .
• Successful year of activations with our Accelerate 25 partners .
• Gender Pay Gap reduced to 13.4 % median and 23.2 % mean .
• LGBTQ + Forum and Working Family Network set up by team members .
• Mental health charity Mind elected Official Team Charity Partner .
• Over 100 international , and local charitable causes supported .
• STEM grants provided to five local Brackley schools .
• 89 % team member engagement with annual Health Assessments .
Governance
• Governance , Ethics and Compliance Framework implemented .
• Integrity Code published .
• Governance Working Group established .
• Whistleblowing policy and platform implemented .
• Enhanced due diligence platform and processes .
• Contract management platform launched .