Press release

1 Dec 2020 London, GB

EY announces collaboration with Extreme E to drive electrification and climate change agenda

LONDON,1 DECEMBER 2020. EY today announces a collaboration with Extreme E, the radical new racing series starting in March 2021that aims to use electric racing to highlight remote environments under threat due to climate change.

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Related topics Energy and resources
  • EY intends to support Extreme E in its commitment to minimize its series’ footprint and create a positive legacy
  • Collaboration will establish a global Social and Environmental Impact Assessment framework to measure and offset Extreme E’s direct and indirect carbon footprint

EY today announces a collaboration with Extreme E, the radical new racing series starting in March 2021that aims to use electric racing to highlight remote environments under threat due to climate change.

The EY organization intends to support Extreme E in its commitment to minimize its environmental impact across its events, logistics and operations, by developing a Social and Environmental Impact Assessment framework. EY teams will help identify local companies to undertake the assessment in each race location and provide them with the necessary guidance and support; thereby enhancing the company’s capability and helping ensure a high-quality output. This, in turn, will enable Extreme E to offset any unavoidable effects via local legacy projects.

EY teams will also develop pre and post-racing carbon accounts including identifying and calculating Scope 1, 2, and 3 emission sources to support carbon offsetting agreements. In addition, EY teams will assist Extreme E’s efforts to highlight the impact of climate change and the benefits of electric vehicle adoption through thought leadership and industry insights.

Dr Matthew Bell, from EY Climate Change and Sustainability Services team, says:

“Extreme E will draw attention to the risks of climate change, whilst showing the world the opportunities that low carbon technologies present. EY teams with their broad knowledge of climate change issues can help Extreme E further its mission by helping measure, monitor and manage the direct and indirect carbon footprint of the race series. This will help ensure that in addition to an exciting race series, this collaboration can further our shared ambition to create a positive environmental and social legacy for generations to come.”

Alejandro Agag, Founder and CEO, Extreme E, says:

“We are incredibly pleased to collaborate with EY on this important initiative, which will enable Extreme E to assess and understand its impact and, as a result, implement legacy programs which provide environmental and social support tailored to specific local needs.

EY already has developed a long-standing relationship with our sister series, Formula E, and they have many years of experience in the areas of sustainability and eMobility. The expertise they provide is globally respected. Extreme E is a forward-thinking and innovative championship and together we believe we can gain and share some truly tangible and actionable insights.”

Gavin Rennie, EY Global Energy & Resources Leader, says:

“Electrification in mobility is gathering pace, fueled by government policy, shareholder activism and consumer demand. We believe this transformation presents a huge and immediate opportunity for governments, the energy and resources industry and others, including the automotive and manufacturing sectors.We are delighted to collaborate with Extreme E who are utilizing the power and influence of sport to highlight the impact of climate change and the benefits of electric vehicle adoption. Together we believe we can develop innovative insights which pave the way to new advancements and ultimately help build a better working world.”

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Notes to Editors

About EY

EY is a global leader in assurance, tax, strategy, transaction and consulting services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. For more information about our organization, please visit ey.com.

This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

About Extreme E

Extreme E is a radical new racing series, which will see electric SUVs competing in extreme environments around the world which have already been damaged or affected by climate and environmental issues. The five-race global voyage highlights the impact of climate change and human interference in some of the world’s most remote locations and promotes the adoption of electric vehicles in the quest for a lower carbon future for the planet.  

To minimise local impact, Extreme E races will not be open to spectators, with fans instead invited to follow the action through live TV broadcast, and on social media. 

The St. Helena, a former passenger cargo ship, has undergone a multi-million Euro refit to minimise emissions and transform her into Extreme E’s operations hub. The ship will be used to transport the championship’s freight and infrastructure, including vehicles, to the nearest port, minimising Extreme E’s footprint, as well as being used to facilitate scientific research through its on-board laboratory.

Extreme E is also pioneering hydrogen fuel cell technology which will enable its race fleet to be charged using zero emission energy. This innovative solution from AFC Energy uses water and sun to generate hydrogen power. Not only will this process emit no greenhouse emissions, its only by-product will be water, which will be utilised elsewhere on-site. 

Season 1 Calendar: 

Desert X Prix: Al Ula, Saudi Arabia
20-21 March 2021
Ocean X Prix: Lac Rose, Senegal 
29-30 May 2021
Arctic X Prix: Kangerlussuaq, Greenland 
28-29 August 2021
Amazon X Prix: Para, Brazil 
23-24 October 2021
Glacier X Prix: Patagonia, Argentina  
11-12 December 2021