Delivering sustainable high performance has become a guiding principle in the way we now operate. As a motor-racing team we’re judged by our track record and performance; and the same must hold true for sustainability as we continue to embed it through the whole business.
Over the last year, we have grown our sustainability activities to get a better understanding of our impact on the planet and our role within society, and to further explore ways in which we can improve. Hitting the brakes isn’t an option.
We will continue to invest in initiatives that will help us become more sustainable and, as a team, we know it’s vital that we approach this challenge in the same way as we approach everything: as a race to the finish line. Our aim is to always raise our standards and set the benchmarks within our sport and outside it.
I’m incredibly proud of our team and the work being implemented to meet our ambitions and to better understand our impact on the world. There’s still so much more that we want to achieve, and we’re committed to delivering innovative initiatives to meet our goals in 2023 and beyond.
The race is on.
Toto Wolff, Team Principal & CEO
Performance at any cost, without thought of the wider repercussions, is no longer acceptable in today’s world. Performance needs to be achieved within societal and planetary boundaries. But being sustainable doesn’t have to mean compromise.
Toto Wolff
We recognise that as a global sport, we have a responsibility to go racing and operate our business in a more sustainable way.
In 2022, we introduced a comprehensive structure to guide our sustainability activities, reflecting the priority that sustainability has within our team and the scale of the challenges facing today’s society across cross the interconnected environmental, social and governance domains.
The UN Sustainable Development Goals (SDGs) are the framework for defining our priorities, integrating our sustainability activities in a unified approach and setting targets under each pillar of ESG.
Our challenging and ambitious targets have been set using an ‘outside-in’ approach which ensures we are not only tackling our own impacts but are also able to create value and opportunities for our partners, suppliers, fans and wider industry.