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NetZero deadline approaching: main investments in sustainable fuels for logistics

September 28, 2024
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Method 1 just lately introduced its first funding within the “sustainable mobility” of the long run. This initially concerned sustainable aviation gasoline (SAF) as a part of the NetZero technique by 2030. It’s an extended course of for F1, which strongly believes in these investments in sustainable fuels for logistics.

Via a press release issued by Method 1, the group outlined the steps to realize NetZero. This important funding, as beforehand talked about, entails buying SAF gasoline for use in planes for logistics. This gasoline might be utilized by DHL, the worldwide companion for transporting tools world wide.

The forecasts counsel that SAF gasoline might be utilized in 20% of the cargo planes employed all through the season. Regardless of the comparatively low share of use, the CO2 emissions saved are rather more important, with an index indicating an 80% discount. This determine is consultant of every flight through which SAF is used, translating into over 4,500 tons of CO2 equal.

To “retailer” a certain quantity of SAF gasoline, Method 1 makes use of the “e-book and declare” mannequin. This enables F1 to buy the required quantity of gasoline, which is then launched into the provision chain, guaranteeing excessive requirements of traceability.

The adoption of SAF gasoline for planes is simply the newest piece of the puzzle geared toward NetZero 2030. In reality, for all European races, F1’s autos are powered by biofuels, paving the best way for race automobiles that may run completely on biofuels beginning in 2026.

“Method 1 has at all times been on the forefront of innovation, and our preliminary funding in Sustainable Aviation Gas is a testomony to our dedication to fulfilling our Internet Zero dedication by 2030,” mentioned Ellen Jones, Head of ESG at Method 1. “SAF is simply the newest step in the direction of innovation and highlights how different fuels, each on and off the observe, can materially cut back carbon emissions. The belief of our sustainability technique is just doable by coordinated actions throughout our sport.”

Paul Fowler, Head of Motorsport Logistics at DHL, added: “Our long-standing partnership with Method 1 is constructed on a shared ardour for innovation and excellence. We’re dedicated to utilizing our experience to move Method 1 automobiles and tools world wide as effectively as doable. With 40 years of expertise in motorsport logistics, we’re centered on decreasing greenhouse fuel emissions and making motorsports extra sustainable with each step we take.” – he concluded.

Supply: f1ingenerale

Sep 28, 2024Maria Lombardi

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