Governance and Assurance
Lorem ipsum
Formula 1 is consistently improving data quality and assurance procedures. In addition to our statutory reporting such as the United Kingdom’s ‘Streamlined Energy and Carbon Reporting’ and UK TCFD aligned disclosure requirements, Formula 1 also voluntarily reports through the following processes:
UN Sports for Climate Action
Formula 1 are signatories of the United Nations’ Sport for Climate Action Framework. By signing up to the framework, we express our intent to implement the principles enshrined in the Sports for Climate Action Framework and commit to working collaboratively with our peers and relevant stakeholders to develop, implement and enhance the climate action agenda in sports.
third-party carbon reporting
For the reporting of our Net Zero by 2030 carbon commitment, the 2018, 2023, 2024 and 2025 season data emission calculations have been completed through a third-party carbon reporting platform. The platform improves the accuracy and transparency of calculations with visibility over data input, categorization, and calculation methodology.
Re-baselining policy
GHG Protocol guidance recommends re-calculating base year emissions where significant changes affect the inventory boundary or emissions calculation approach including structural changes, methodological changes, or error corrections. Formula 1 applies a 5% threshold to determine when a base year recalculation is required.
Sustainability Management System
For the planning of events, Formula 1 maintains an ISO20121: 2012 Event Sustainability Management certification in addition to the FIA 3 Star Environmental Accreditation (the highest level of environmental sustainability recognition from the sport’s governing body). A certified Sustainability Management System is in operation for the planning and execution of events for the FIA Formula One World Championship™, Formula 2 Championship™ and Formula 3 Championship™.
Download Historic Reports
The F1 FORMULA 1 logo, F1 logo, FORMULA 1, FORMULA ONE, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX, PADDOCK CLUB and related marks are trademarks of Formula One Licensing BV, a Formula 1 company. Licensed by Formula One World Championship Limited, a Formula 1 company. All rights reserved.
