Formula 1 is seeking to achieve net-zero carbon emissions by 2030, a goal that challenges the sport's combustion-heavy legacy. The majority of a team's carbon footprint stems from logistics, travel, and office use, rather than the race cars themselves. The Mercedes-AMG Petronas team is taking steps to combat this by purchasing carbon credits from Chestnut Carbon, which focuses on reforestation. While their initial buy represents only 10% of their emissions, they plan to reduce overall emissions by 75% by 2030, with a goal for net-zero by 2040. The move signals a wider trend within the sport towards sustainability.
To offset some of the more challenging sources, the Mercedes-AMG Petronas team is buying 5,500 metric tons worth of carbon credits from Chestnut Carbon, which plants forests on degraded farmland in the southeastern U.S.
Mercedes-AMG Petronas aims to reduce emissions by 75% by 2030 and hit net-zero carbon emissions in 2040.
Though Mercedes-AMG Petronas' new carbon credit purchase is small, the team also has inked a deal with Frontier, the advanced market commitment organization backed by Stripe, Google, Meta, Shopify, and others.
In total, they represent about 10% of the team's emissions in 2023.
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