The Williams Racing Sustainability Strategy is based around five key pillars: Climate Action, Biodiversity Stewardship, Sustainable Innovation, Industry Access for All and Purpose Driven Leadership.
13 Oct 2021 | 1862 Views | By Autocar Professional Bureau
Williams Racing, one of the most successful teams in Formula One commits to go climate positive by 2030. To achieve this ambitious goal, Williams Racing has developed a series of robust technological and data-driven initiatives, as part of a comprehensive purpose-driven sustainability strategy, aiming to address some of the most important ...
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Williams Racing, one of the most successful teams in Formula One commits to go climate positive by 2030. To achieve this ambitious goal, Williams Racing has developed a series of robust technological and data-driven initiatives, as part of a comprehensive purpose-driven sustainability strategy, aiming to address some of the most important environmental and societal challenges facing Formula One, global sport and the planet.
The Williams Racing Sustainability Strategy has been developed over the course of the last year after extensive expert analysis, is based around five key pillars: Climate Action, Biodiversity Stewardship, Sustainable Innovation, Industry Access for All and Purpose Driven Leadership. The company says each pillar defines actions that it will take in the short- and medium-term to accelerate the transition to a better planet. Adding further transparency and accountability, each objective will be measured, audited and annually reported.
It is committed to learning and sharing best practices from all sectors and adhering to international initiatives. Accordingly, this strategy brings its emissions reduction target in line with the below 2 degrees Celsius target of the Paris Climate Agreement and UN Climate Change Global Agenda.
With this Williams Racing is now the first Formula One Team to be a signatory of the UNFCCC, UN Sports for Climate Action Framework. In addition, Williams Racing Sustainability objectives are aligned with 12 of the 17 United Nations Development Goals (SDGs). Williams Racing is also aligned with industry specific standards and has recently gained FIA Three-star environmental accreditation.
Jost Capito, CEO, Williams Racing: “Williams Racing is a pioneer in Formula One and the racing world and has a strong heritage developing Formula One technology and transferring it to the EV and sustainable transport and energy sectors. We are living in a time when our planet and society is changing faster than ever. Building on the progress the global motorsport industry has made on sustainability in recent years, we have taken time to thoroughly analyse our entire operation and develop a comprehensive purpose driven, Sustainability Strategy to accelerate our sustainable transformation. As a team, we wanted to push the envelope and be the pace setter for sustainability in global motorsport and in the wider automotive industry. So today we are making the commitment to be climate positive by 2030 and we will be using our knowledge to nurture and develop advanced technology to meet this goal.”
Capito further said that the company knows its strengths and understands where improvement is required and is open to learning from others and sharing best practices in pursuit of its ambitious objectives.
“To help raise the baseline of sustainable performance in our industry, we welcome interaction and partnerships with key motorsport stakeholders, automotive companies, brands and organisations who share our vision. As a huge global sporting platform, Formula One has the power to inspire millions of people across the world and as the pinnacle of so many advanced technologies, Formula One has the ability to create technical solutions to help tackle the challenges we face as a planet. As we progress towards our goal to be climate positive in the years ahead, my hope is that Williams Racing can inspire all those connected with our sport and beyond, using motorsport as a catalyst for significant and long-lasting change,” concluded Capito.
The five key pillars of the Williams Racing Sustainability Strategy
Lindita Xhaferi-Slihu, Sector Engagement in Climate Action, Lead, from the UNFCCC commented “We are pleased to welcome Williams Racing as a signatory to the UN Sports for Climate Action Framework. The team is the first Formula One Team joining the Framework, sending a clear signal on the growing importance of setting clear climate targets and of using the sport and technologies as a catalyst for change. We look forward to working together with Williams Racing to deliver on the goals of the Framework.”
The Williams Racing Sustainability Strategy was developed with support from Enovation Consulting, a purpose driven sustainability and strategic management agency.