Formula 1 expands SAF investment with Qatar Airways
Formula 1 announced expansion of its investment in sustainable aviation fuel (SAF) through a new programme with Qatar Airways, building upon the previously announced investment alongside DHL.
Formula 1 will be utilising the ‘book and claim’ system, allowing it to book a specific quantity of SAF and ‘claim’ the corresponding emission reduction, whilst ensuring SAF is being used to replace fossil jet fuel elsewhere in the aviation industry.
“Today’s investment is the next step in our alternative fuels strategy which is central to delivering our Net Zero 2030 target. Through collaboration with our Teams, the FIA and our partners, we are delivering on our promises to drive down the sports’ carbon emissions and drive forward technologies that can have an impact beyond Formula 1. This is the latest example of how stakeholders across the sport are aligned with our vision for a more sustainable F1, which we are thrilled to see,” said Ellen Jones, head of ESG, Formula 1.
The company said the combined investment in the Qatar and DHL’s programmes in 2024 will reduce related emissions by more than 8,000 tCO2e (tonnes of CO2 equivalent).
This agreement also sees Formula 1 become the inaugural member of Qatar Airways’ SAF programme. This programme helps Qatar Airways partners to leverage the benefits of SAF for the first time and puts the airline and its stakeholders on the path to advance the use of SAF at commercial scale.