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News & Press: November 2024

Formula E Founder and Chairman Alejandro Agag nominated as TIME100 Climate Leader

13 November 2024  

Formula E's Founder and Chairman Alejandro Agag has been nominated as one of TIME100's Climate Leaders in Business.

Alejandro is founder of some of some of the most sustainable sports on the planet, with Formula E a pioneer in world-class sport in its sustainability leadership - not least its unique status as the first and only sport to be certified Net Zero from inception.

Alongside Formula E, the Spaniard completed the all-electric triad with E1 Series and its bespoke water-borne hydrofoils and Extreme E - the 'Electric Odyssey' of an off-road race series - as leaders in motorsport, pushing the envelope for sustainability leadership, equity and inclusion.

TIME100's Climate Leaders
To identify the true changemakers, TIME’s editors spent months with in-house climate experts at TIME CO2 vetting nominations from across the global economy. In line with the latest scientific and economic thinking, they prioritised nominees from five systems most crucial to change: energy, nature, finance, culture, and health.

READ MORE: A decade of leadership as a Net Zero pioneer

Measurable, scalable achievements over commitments and announcements were valued most. They also favoured more recent action and found countless hopeful examples of business leaders who are taking positive action right now, even in the world's most polluting sectors such as shipping, manufacturing, agriculture and energy.

The TIME100 Climate list produces no single perfect instance of complete climate action, but multitudes of individuals making significant progress in fighting climate change while creating business value.

From dream to the world’s leading electric motorsport, in little over a decade
As the world’s first and only sport certified net zero carbon since inception, the all-electric ABB FIA Formula E World Championship brings dramatic racing to the heart of some of the world’s most iconic cities providing an elite motorsport platform for the world’s leading automotive manufacturers to accelerate electric vehicle innovation.

The most competitive line-up in motorsport - 22 of the best racers around - representing 11 global automotive giants and industry-leading race teams compete in a high-speed game of chess at some 200mph across 11 venues and 16 races through city centres all over the globe - including four of the world’s five biggest metropolises.

What started as nothing more than a shared dream between Formula E Founder Alejandro Agag and former FIA President Jean Todt, noted on the back of a napkin back in 2011, has developed into the fastest growing motorsport series on the planet.

Formula E’s teams, drivers, partners and host cities are united by a passion for top-tier sport and competition and share in the championship’s belief and potential; to accelerate sustainable human progress and create a better future for people and planet.

Read the full article here.