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McLaren Racing and Deloitte extend sustainability-focused partnership

June 01 2023 - News Release News Editorial

McLaren Racing and professional services company Deloitte have announced a multi-year extension to their partnership, which will continue to prioritise sustainability.

McLaren Racing and Deloitte extend sustainability-focused partnership

Deloitte will continue as the Formula 1 team’s official transformation partner from the 2023 season onwards.

Since 2020, Deloitte and McLaren have worked to enhance the team’s performance and operations, including the capturing and analysing of data to optimise car performance. Deloitte has also helped to apply digital twin simulation to inform race-day decision-making. 

The partnership will also focus on the concept of circularity by eliminating waste and maximising resources through reuse and recycling. This will help McLaren work towards its net zero targets without compromising performance, the team claims. 

McLaren will also utilise GreenSpace Tech by Deloitte, a newly launched offering that connects organisations with new and existing technologies and ecosystems that can contribute towards the team’s decarbonisation efforts. 

The F1 team released its second annual sustainability report last month. 

“In Formula 1 we have both the responsibility and the opportunity to develop innovative solutions to make a positive impact on the fight against climate change." Matt Dennington, Executive Director, Partnerships and Accelerator, McLaren Racing

“As a key collaborator in our sustainability journey, Deloitte supports our desire to explore opportunities to accelerate our progress,” Matt Dennington, Executive Director, Partnerships and Accelerator, McLaren Racing, said.

“In Formula 1 we have both the responsibility and the opportunity to develop innovative solutions to make a positive impact on the fight against climate change. Our ambitions with Deloitte will push for tangible innovation in circularity, finding solutions that can make our team, sport and the wider world, more sustainable.”

Jennifer Steinmann, Deloitte Global Sustainability and Climate Practice Leader, added: “In order to achieve the goals of the Paris Agreement, every sector of society – including sports – must rapidly accelerate climate action in the near term. At Deloitte, we are looking forward to building upon our successful collaboration with McLaren Racing to help facilitate its transition to a more circular, sustainable future.

“Deloitte’s sustainability and climate specialists will work with McLaren Racing to research and develop the concept for a fully circular F1 car. By prioritising sustainability and performance, McLaren Racing is playing an important role in shaping the future success and growth of the sport.”

Image: Alberto-g-rovi/CC BY 3.0/Edited for size

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