Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Oil India and TotalEnergies Partner for Deep-Water Exploration, ETEnergyworld

November 19, 2025

Oil News: EIA Report Seen as Key Catalyst for MA Breakout as Oil Demand Supports Crude

November 19, 2025

U.S. Court Pauses Implementation of California Climate Reporting Law

November 19, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Formula E Becomes First Sport Certified to BSI’s Net Zero Pathway
ESG & Sustainability

Formula E Becomes First Sport Certified to BSI’s Net Zero Pathway

omc_adminBy omc_adminJuly 29, 2025No Comments3 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Formula E is the first global sport certified under BSI’s Net Zero Pathway, aligning with ISO Net Zero Guidelines.

The championship commits to cutting Scope 1 and 2 emissions by 50% and Scope 3 by 27.5% by 2030, with verified progress and audits.

Certification sets a new standard in sport by prioritizing real, science-based carbon reduction over offsets.

Formula E has become the first sport globally to receive certification under the British Standards Institution’s (BSI) Net Zero Pathway, marking a major milestone in credible climate action for the sports industry.

Following an independent and rigorous audit, the ABB FIA Formula E World Championship was certified by BSI based on its operations since Season 9 (2022/23). The certification affirms that Formula E has established robust, science-based targets to cut emissions and has implemented a management system aligned with ISO Net Zero Guidelines (IWA 42:2022).

Unlike many net zero claims that rely heavily on carbon offsets, BSI’s certification demands verified carbon footprint data, rigorous reduction strategies, and transparent reporting. Formula E’s certification keeps it ahead of regulatory developments such as the EU Corporate Sustainability Reporting Directive (CSRD) and provides assurance to sponsors, teams, partners, and fans regarding its environmental claims.

“The BSI Net Zero Pathway goes beyond generic carbon pledges by verifying that an organisation’s carbon footprint data, reduction plans and methodologies meet the highest international benchmarks,” said BSI. Certification is granted only to organizations demonstrating ongoing, standards-based decarbonization plans, subject to annual audits and third-party verification.

As part of its commitment, Formula E aims to reduce Scope 1 and 2 emissions by 50% and Scope 3 emissions by 27.5% by 2030, using a 2018–19 baseline. The organization has also set a target to achieve credible net zero emissions by 2040, or at the latest by 2050, in accordance with the UNFCCC Sports for Climate Action Framework.

The emissions reduction strategy includes maximizing renewable electricity, optimizing freight logistics, using sustainable fuels, and creating low-impact food, waste, and fan experiences.

RELATED ARTICLE: Formula E and DHL Renew Partnership Kicking Off New Gen3 Era

Julia Pallé, VP of Sustainability at Formula E, emphasized the importance of accountability in climate leadership.
“Since day one, Formula E has pushed the boundaries of what sport can stand for, showing that elite motor racing and sustainability can thrive together,” she said. “Becoming the first sport certified on the BSI Net Zero Pathway demonstrates that our climate action isn’t just a promise – it’s a robust, science-backed and data-led strategy, verified by the world’s leading standards body.”

Julia Pallé, VP of Sustainability at Formula E

Matt Page, Senior Vice President of Assurance Services at BSI, reinforced the broader implications of this certification.
“We are at a critical point in our global journey toward net zero, and we all have a part to play,” he said. “As the first motorsport to achieve Net Zero Pathway certification, Formula E is setting a new benchmark for the industry. This isn’t just recognition of technical achievement; it’s a powerful signal that when sustainability is underpinned by trusted standards and independent assurance, it becomes more than a goal. It becomes a system for lasting, credible change.”

Formula E’s achievement not only solidifies its sustainability leadership in global sport, but also raises the bar for how climate commitments are measured, verified, and delivered across the sector.

Follow ESG News on LinkedIn



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Sam Altman-Backed Exowatt Raises $50 Million to Scale Dispatchable Solar for AI Demand

November 18, 2025

Deutsche Bank Targets $1 Trillion in Sustainable and Transition Finance by 2030

November 18, 2025

EDF, OpCore plan $4.3B High Power Data Center to Boost France’s AI capacity

November 18, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20073 Views
Don't Miss

The Career Center for Oil & Gas Professionals

By omc_adminNovember 19, 2025

Exxon Mobil Corp., Chevron Corp., Abu Dhabi National Oil Co. as well as US private…

U.S. says new sanctions are driving Russian oil prices to multi-year lows

November 18, 2025

Turkey’s TPAO targets $4 billion debt issuance to accelerate oil and gas production

November 18, 2025

Eni awards TechnipFMC substantial iEPCI™ scope for Maha project offshore Indonesia

November 18, 2025
Top Trending

U.S. Court Pauses Implementation of California Climate Reporting Law

By omc_adminNovember 19, 2025

Trump’s anti-climate agenda could result in 1.3m more deaths globally, analysis finds | Climate crisis

By omc_adminNovember 19, 2025

FedEx Expands Sustainable Aviation Fuel Use to Chicago and Miami

By omc_adminNovember 19, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views

‘Looksmaxxing’ on ChatGPT Rated Me a ‘Mid-Tier Becky.’ Be Careful.

June 3, 20254 Views

Ring Founder on ‘Tough Day’ of AWS Outage: ‘We Got Through It’

October 24, 20253 Views
Our Picks

DNO Acquires Stake in Cassio Prospect offshore Norway

November 19, 2025

Orlen Secures Environmental Decision for 1 GW Baltic East Wind Project

November 19, 2025

Oil Gains on EU Sanctions Pressure

November 18, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.