Formula E Operations Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022, 2018-2019, 2017-12 to 2022-10

In its 2022 reporting, Formula E Operations Limited disclosed greenhouse gas emissions of 33.8K tCO2e. By scope: Scope 1: 323 tCO2e; Scope 2: 65 tCO2e; Scope 3: 33.5K tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
33.8K tCO2e
2022
⚡
Renewable Energy
67%
of total energy
♻️
Waste
640 tons
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).323 tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.65 tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).33.5K tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202233.8K tCO2e
2018-201945.0K tCO2e
2017-12 to 2022-10201.8K tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • Reduce absolute Scope 1 & 2 GHG emissions by 60% by 2030 from Season 5 baseline.
  • Reduce absolute Scope 3 GHG emissions by 27.5% by 2030 from Season 5 baseline.

🌱 ESG Focus Areas

Climate ChangeDiversity & InclusionGovernanceCommunity EngagementAir Quality

⚠️ Challenges & Risks +

  • Freight emissions remain a significant source of emissions.
  • Balancing the need for global racing with minimizing environmental impact.
  • Ensuring consistent sustainability practices across diverse race locations.

📋 Report Information

Reporting Period: 2022
Frameworks: GRI Standards, UN Climate Neutral Now, UNFCCC Sports for Climate Action Framework, Science Based Targets initiative (SBTi)
Assurance: SGS UK