Formula E Generated €5.6 Million in Social Value

The electric racing championship impacted 86,007 people globally through sustainability education and community outreach programs.

Updated on Oct. 3, 2026 in Electric Vehicles

Formula E Generated €5.6 Million in Social Value

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Should professional sports organizations be required to demonstrate measurable social value in their host communities?

During the 2024/25 season, Formula E delivered €5.6 million in total social value, marking a 241% increase in its positive impact on local communities. The championship engaged 86,007 participants through various outreach initiatives tied to its global race calendar.

Why it matters

By connecting electric racing to real-world sustainability challenges, the organization aims to leave a lasting footprint in host cities. This approach integrates professional motorsports with community-level environmental and educational goals.

The 2024/25 season saw 61,678 pupils reached via the Driving Force STEM programme, while the Better Futures Fund distributed €250,000 to 8,847 beneficiaries. Additionally, 680 sustainability-focused roles were supported during the series.

The players

Formula E

An international electric vehicle racing championship that coordinates global motorsport events alongside sustainability and education programs.

Deloitte

A global professional services firm that provided the socio-economic framework used to calculate the championship's impact.

The details

Formula E collaborated with Deloitte to develop a socio-economic framework that measures total social value contribution. The organization implemented this by working with 960 local community partners and hosting hands-on workshops in cities including Jeddah, Miami, and London. Furthermore, the series achieved an 85% score in the Global Sustainability Benchmark in Sport and earned certification under the BSI Net Zero Pathway.

Timeline

  1. The 2024/25 season served as the core period for social value generation.

  2. By 2030, the championship aims to meet established targets for Scope 1, 2, and 3 emissions reductions.

  3. The organization targets a 90% reduction in total emissions by 2050.

The Home Front

Formula E's recent reporting aligns with the BSI Net Zero Pathway to codify its sustainability commitments. This shift reflects a growing trend in global sports organizations adopting standardized frameworks to track and verify their environmental and social contributions.

While these large-scale programs operate at a community level, residents in host cities can look for opportunities to engage with local STEM workshops when race events arrive. Consider tracking the sustainability ratings of the brands and events you support to see how they align with your own household environmental goals.

The takeaway

Formula E is leveraging its racing platform to drive community-level educational and environmental impacts alongside its professional sporting schedule. Readers can monitor their local community's inclusion in future STEM and sustainability outreach programs as the series continues its global tour.

Further reading

For more updates on how global automotive events are shaping new energy standards, visit Electric Vehicles.

Source note: This article includes information reported by The Times of India.

Live Poll

Should professional sports organizations be required to demonstrate measurable social value in their host communities?