In Germany, the Mercedes-AMG PETRONAS F1 team announced its commitment to quadruple its aviation emissions reduction by the end of 2025 through its latest investment in SAF certificates. The announcement means that the F1 team is expecting to reduce its aviation emissions through SAF certificate purchases by a total of 18,500 tCO2e across 2024 and 2025, with 8,000 tCO2e saved in 2024 and 10,500 tCO2e saved in 2025. Toto Wolff, team principal and CEO, Mercedes-AMG PETRONAS F1 team, said: “A net reduction in our emissions sits at the heart of our operations and the ambitious sustainability targets we have set ourselves. We continue to invest in innovative solutions and technology that will enhance our performance, helping us go further faster.” SAF certificates (SAFc) are an accounting instrument that allows the environmental benefits of SAF to be detached from the physical fuel, through a book and claim model. This allows the physical fuel to be delivered to the nearest airport and the emissions reductions to be claimed by the SAFc buyer.
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