by Christopher Surgenor (Green Air Online) The Mercedes-AMG PETRONAS FI motor racing team is the latest corporate to announce a commitment to investing in sustainable aviation fuel in efforts reduce its Scope 3 aviation carbon footprint. The sports industry is one of the biggest users of aviation and as the first global sports team to do so, the investment will support the growth of SAF’s availability and the market transition towards net zero, said Mercedes F1. The purchase of SAF will be used to compensate for the team’s indirect Scope 3 aviation emissions from flights to Grand Prix locations and other business air travel, which are excluded from the Formula One cost cap, and would, it said, be a key pillar of a commitment to achieve a 50% reduction of Scope 3 emissions by 2026 and to reach net zero by 2030. With sustainable fuels expected to account for up to 37% of energy demand in transport by 2050, Mercedes F1 said its “powerful global platform to support the development and growth of the SAF market will showcase SAF’s potential to other industries.” A spokesperson for the team told GreenAir it was in the final stages of negotiating a contract with a SAF partner and discussions were ongoing with other potential partners.
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Team partner Petronas, Malaysia’s national oil and gas company, is involved in a joint initiative with Kuala Lumpur International Airport to increase the supply of SAF to airlines at the airport and has supplied SAF to Malaysia Airlines for two recent flights (see article). READ MORE
Mercedes AMG PETRONAS Formula One Team Becomes First Global Sports Team to Invest in Sustainable Aviation Fuel (Biofuels Central)