Search SaudiArabiaPR.com

Home >> Events & Entertainment

Formula E becomes First Global Sports Organisation to Align to International Standard on Contributing to Carbon Neutrality

Formula E becomes First Global Sports Organisation to Align to International Standard on Contributing to Carbon Neutrality

Saturday, December 2, 2023/ Editor -  

Share

Home >> Events & Entertainment

•         Formula E becomes first global sports organisation to align to PAS 2060 the only internationally recognised certification for contributing to carbon neutrality
•         World’s first net zero sport since inception builds on its global-leading commitments and progress towards a carbon neutral world
•         The standard ensures accountable, accurate, credible and certified emissions reduction
•         Formula E has already reduced emissions by 24% against its Season 5 baseline


Dubai, Riyadh, 5 June 2023: Formula E today announced its alignment to PAS 2060 – the only internationally recognised certification for contributing to carbon neutrality – to maintain its industry-leading sustainability credentials and Net Zero since Day Zero* status. 
Formula E is already the first sport in the world to be certified with a Net Zero Carbon* footprint since inception and to join the Science Based Targets initiative, committing to reducing the championship’s emissions by 45% by 2030 (based on a Season 5 [2019] baseline). Formula E has already achieved a 24% reduction in absolute Scope 1, 2 and 3 emissions despite continuing to grow and hosting a record number of races. 
The PAS 2060 standard, published by the British Standards Institution (BSI), allows organisations to demonstrate that their carbon neutrality claims are both credible and verified to increase accountability and consumer confidence. 


The international standard provides guidance on how to quantify, reduce and offset greenhouse gas (GHG) emissions on business-related areas as advised by the United Nations’ (UN) carbon reduction framework. 
This can include emission reduction efforts related to activities, products, services, buildings, projects, and events. Whilst companies can calculate their footprints, purchase credits and claim carbon neutrality, the PAS 2060 standard provides a framework for enhanced accuracy and certification. A robust and thorough standard is increasingly important as companies and governments work towards a net-zero world by 2050.


Julia PallĂ©, Director of Sustainability, Formula E, said: “Through aligning to the internationally recognised standard on carbon neutrality, PAS 2060, Formula E is reinforcing its leading position across global elite sport and sustainability. As an organisation we have consistently held ourselves to the highest of standards when measuring, reducing and offsetting our emissions and this new standard reaffirms that commitment. It ensures that as we continue to grow our championship, we can also ensure that the reduction of our emissions of 45% by 2030 is sustainable, accurate and certified to the highest degree.”

 


Previous in Events & Entertainment

Next in Events & Entertainment


Home >> Events & Entertainment Section

Latest Press Release

Ministry of Finance and Federal Tax Authority Announce Amendment to Excise Tax o ...

Tonda PF Sport Chronograph Rose Gold Sandstone

Diriyah Company Announces $600 Million Construction Contract Award to Salini Sau ...

Diriyah Company Announces $1.53 Billion Construction Contract for The Diriyah Ar ...

UAE Team Emirates-XRG and Tadej Pogačar well-placed heading into week 2 of ...

The Countdown Is On, Honor Of Kings World Cup Kicks Off On July 15th

Isaac del Toro seals overall victory at the Tour of Austria

Casio to Release MR-G Inspired by the World's Largest Frog

Tadej Pogačar claims UAE Team Emirates-XRG's 60th win of season at Tour de ...

Why Catrice's Blushin' Charm is the One Thing You Need as Your Travel Essential

Hilton Signs First Tapestry Collection by Hilton in Saudi Arabia with Al Musbah ...

SADAFCO Publishes 2024 Sustainability Report, "Empowering Sustainable Chang ...

Big Wins Continue with PrivilegePLUS at Mercato & Town Centre Jumeirah!

Discover the Flavours of the Ottoman Empire with Address Hotel Jabal Omar Makkah

Emirates A350 debuts in Dammam

Tadej Pogačar sprints to second in thrilling stage 2 at the Tour de France

IATA Comments on Misguided Solidarity Levy Proposal

Mercato Wows Visitors with Circus Spectacles, Iconic Slide, and Weekly Cash Priz ...

To Increase Capacity and Strengthen Supply Chains Minister Al-Jasser Lays Found ...

Aster Sanad Hospital Supports Saudi Talent at PSCEMS Career Day