Extreme E offsets carbon emissions from Season 2 through purchase of verified carbon standard environmental certificates
(IN BRIEF) Extreme E, the electric off-road racing series, has released its second Sustainability Report in collaboration with EY, revealing its environmental footprint for Season 2. The report shows that the racing series maintained its carbon-neutral status while racing electric vehicles only. EY teams calculated that 9,045 tCO2-e was emitted during Season 2, all offset through the purchase of Verified Carbon Standard environmental certificates. Extreme E’s objective to accelerate gender equality in motorsports was also highlighted, with each racing team represented by one female and one male driver. The Report reveals that the female-male performance gap has closed by 26%, highlighting the impact of providing equal access to track time and performance development opportunities.
(PRESS RELEASE) LONDON, 26-Apr-2023 — /EuropaWire/ — Extreme E has published its second Sustainability Report (pdf), compiled and produced in collaboration with EY. The Report reveals the racing series’ environmental footprint for Season 2, maintaining the carbon-neutral status it established from the outset and continuing to champion e-mobility by racing electric vehicles only. EY teams calculated that 9,045 tCO2-e was emitted during Season 2 (1808.8 tCO2e per race), all offset through the purchase of Verified Carbon Standard environmental certificates for two deforestation programs in Brazil’s Amazon.
Complimentary to this achievement, Extreme E executed the first major motorsports event fully supported by renewable energy during the season finale – the Uruguay Natural Energy X Prix. With 98% of Uruguay’s electricity generated from renewable sources, Extreme E was able to satisfy additional power requirements with onsite solar generation and hydrogen fuel cells, ultimately delivering the race utilizing 100% renewable energy.
In March 2023 EY was named Extreme E Official Sustainability Partner, extending the relationship, and strengthening its commitment to minimizing the series’ environmental impact across each remote race location. By developing a Social and Environmental Impact Assessment framework during Season 1, which includes a calculation of emission sources for each race, EY teams continue to support Extreme E’s objective to offset their carbon footprint and create a positive legacy.
Dr. Matthew Bell, EY Global Climate Change and Sustainability Services Leader, says:
“It is an honor to be named Extreme E’s Official Sustainability Partner for 2023, reinforcing a shared ambition to highlight urgent issues surrounding climate change. It is timely to reflect on the Season 2 Sustainability Report, which EY teams were again proud to be entrusted to coordinate and support. The findings clearly show that the series is going from strength to strength, not only in delivering exemplary sustainability outcomes, but representing a beacon of positive progress to all industries.”
One of Extreme E’s key objectives continues to be around accelerating gender equality in motorsports, with each racing team represented by one female and one male driver. Comparing Season 2 median race time data with Season 1, the Report reveals that the female-male performance gap has closed by a notable 26%, highlighting that the gender gap can be narrowed by providing equal access to track time and performance development opportunities. There were numerous Season 2 highlights that showcase the caliber of Extreme E’s female drivers, including Cristina Gutiérrez recording the fastest laps during both the final in Chile and the Crazy Race in Uruguay as part of two pivotal wins for the X44 Vida Carbon Racing team that would ultimately lead to them winning the championship.
The Report also outlines how Extreme E, a signatory of the United Nations Framework Convention on Climate Change Sport for Climate Action, has reviewed its sustainability strategy, identifying twelve United Nations Sustainable Development Goals (SDGs) that benefit from its positive contribution. Through strategic partnerships and its Legacy Program, the racing series plans to work with local communities to find solutions to environmental challenges; showcase new and emerging low-carbon technologies through electric SUV, hydrogen fuel cells and second-life batteries; and improve equality and access for women and minorities in motorsport.1
Extreme E is currently working with EY to develop an Outcomes Measurement Framework that will help monitor, measure and report on the outcomes of the Legacy Program projects during Season 3 and improve sustainability performance.
Alejandro Agag, CEO and Founder, Extreme E, says:
“The Report illustrates how Extreme E is leading the way as an action-based test bed for innovation and progress beyond the series. We have once again consistently achieved the lowest carbon footprint in motorsport in front of a TV audience that grew by 30% – reaching 135m viewers during Season 2 and continuing to grow its circle of influence. At the same time, we have seen our gender equal sporting format make significant gains. But the biggest successes come from collaboration; this is no longer just Extreme E’s crusade, and EY together with the rest of our partner cohort are passionate contributors to our bold mission.”
Julia Wall-Clarke, Head of Impact, Extreme E, says:
“Extreme E is not your average motorsport. We utilize the inspiring platform sport provides to tell engaging stories on global issues, from carbon emissions, to Arctic ice melt, deforestation, and ocean health, to energy and technology innovations, all with a community first, solution-based lens. This series was designed around having greater purpose, and the result is engaging content and meaningful action which inspires our fans and ecosystem to shift course, and take greater consideration and responsibility about everyday lifestyle choices.”
Extreme E Season 3 continues next month as the racing series heads to Scotland with its Hydro X Prix taking place 13-14 May. The race will be located inside the Glenmuckloch former coal mine which is due to undergo transition into a Pumped Storage Hydropower plant, providing a highly visual backdrop for the sport to spotlight clean energy transition.
Find out more about how EY and Extreme E are working together.
Notes to editors
About EY
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.
This news release has been issued by EYGM Limited a member of the global EY organization that also does not provide any services to clients.
About the report
This is Extreme E’s second annual Sustainability Report. This report covers the series’ achievements in sustainability during Season 2, the progress they have made toward their sustainability goals, and areas where they can continue to enhance their positive impact. This report covers activities from 1 January 2022 to 31 December 2022 and was developed with support from EY, the series’ Official Sustainability Partner.
Media Contact:
Michael CurtisEY Global Industry Markets Media Relations & Social Media Leader
SOURCE: Ernst & Young Global Limited
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