Environmental Sustainability
Prodrive acknowledges its role in addressing climate change for the benefit of both our planet and its people. We are deeply committed to achieving net zero emissions and this commitment drives everything we do as an organisation.
We closely monitor government policies to understand their potential impact on our operations.
Our dedicated Sustainability Committee evaluates how the company can reduce its environmental footprint. They explore the adoption of new technologies that can accelerate our transition to net zero, as well as how these innovations can benefit the mobility sector and broader society where applicable.
Our Sustainability Strategy will serve as a roadmap for our net zero journey. In parallel, we collaborate with leading organisations to stay aligned with best practices across sport, engineering, and mobility.
OUR AMBITIONS
At Prodrive our mission is to create solutions that redefine what is possible. We believe we have a positive role to play in solving some of society’s most challenging problems. We strive to exploit our winning ‘know-how’, innovation culture and technology as a means to creating a positive impact and better society for our clients, motor sport enthusiasts, employees, communities and the environment.
Our purpose-built Banbury Headquarters has held ISO14001 accreditation for more than a decade and in 2016 we invested in what at the time was the UK’s largest community solar project which meets up to a third of our energy needs. We are committed to building on these strong foundations and our ambition is for Prodrive to become a force for good in society, serving our community and the environment to create durable prosperity.
As our understanding of the planet’s environmental limits is becoming clearer, we know we must measure our own environmental performance more robustly. This means we must better track our carbon emissions to help prevent the worst effects of the climate crisis.
Prodrive’s environmental and sustainability actions are aligned to the UN Sustainability Development Goals (SDGs) such as Goals 5, 7, 9, 10, 12, 13, 15, 16 and 17.
MONITORING & EVALUATION
Measuring and monitoring our social and environmental performance is fundamental to us improving our performance in these areas.
Having a credible baseline of our Scope 1, 2 and 3 emissions was a priority for us and we partnered with a globally recognised leader in this field to calculate the starting point of our Race To Net Zero.
Management with executive responsibility annually monitor and review our operation of this policy and the objectives and targets in it, ensuring a sustained programme of continuous improvement is in place and aligned with our code of conduct.
Each year we report on how our operations and business model have impacted our workers, community, environment, and customers. This includes a range of performance indicators and range from our supply chain improvements to our charitable giving, from our employee benefits to the level of our carbon reduction.
The boards of each of our companies review key performance indicators on the company’s health and safety, social and environmental performance on a monthly basis. Our social and environmental impact is incoroprated into our decision making at Prodrive and we consider it important to the success and profitability of the business.
RACE TO NET ZERO
1.
Reduce Our Own
Emissions
We aim to:
Target Net Zero and a first halving of emissions by 2034.
Prioritise, plan and reduce scope 1 & 2 emissions and business travel emissions.
Fund quality climate projects, counterbalancing remaining residual emissions.
2.
Reduce Our Value
Chain Emissions
We aim to:
Target Net Zero and a first halving of emissions by 2034.
Prioritise, plan and reduce scope 3 emissions.
Exert influence over our supply chain and customers to prioritise and accelerate net zero journeys.
3.
Integrate Climate
in Business Strategy
We aim to:
Integrate climate into our vision, mission strategy, value proposition, products, services and R&D roadmaps, aiming at a positive overall impact.
Move towards products / services that help customers avoid and remove emissions.
Measure climate control impact of our solutions portfolio and its change.
4.
Influence Climate
Action In Society
We aim to:
Influence society and the sectors we operate in and contribute beyond our own business to the 1.5°C climate change ambition.
Accelerate climate action by working with the industry, governments, governing bodies, employees and civil society groups.
Evaluate the impact of our societal influence and disclose those publicly.
ENVIRONMENTAL POLICY STATEMENTS
Prodrive Motorsport Limited is committed to the implementation of the FIA’s Environmental Accreditation Programme to enhance environmental performance. This policy is applicable to all of the facilities and operations of Prodrive Motorsport, where our operations include Project Management, Design, Manufacturing, and providing global on-event support to our customers across a variety of Motorsport formats.
Prodrive Advanced Technology is committed to the implementation of the ISO 14001:2015 Environmental Management System to enhance environmental performance.