CLIMATE CHANGE

Envision Racing accelerates Race Against Climate Change with the World Economic Forum

FIA Formula E World Champions Envision Racing has announced it will partner with the World Economic Forum at their 15th Annual Meeting of the New Champions in Dalian, People’s Republic of China, on 25-27 June 2024.

The all-electric race team owned by Envision, the global Greentech leader recognized as one of TIME’s 100 Most Influential Companies, will be exhibiting its Recover E car, the world’s first full-sized, driveable Formula E car constructed entirely from electronic waste as a response to global e-waste proliferation, at the event.

Held in Asia, which continues to drive two-thirds of all global growth, the meeting will bring together 1,500 global leaders from business, government, civil society, international organizations, academia and media to discuss new models for relaunching economies.

There will be a strong focus on entrepreneurship and innovation and how these can help to accelerate action for a carbon-neutral, nature-positive future.

Through their unique involvement at the event, Envision Racing will become the first sporting entity to showcase at a World Economic Forum meeting and spotlight to world leaders the power of sport to mobilize action against climate change. This includes annual electronic waste production from items such as disposable vapes, mobile phones, laptops, MP3 players, plugs and batteries, which is on track to reach 82 million tonnes by 2030.

Part of Envision Racing’s Race Against Climate Change programme, the global campaign is aiming to increase awareness of the human impact of e-waste and the need to reuse and recycle old electrical products. This groundbreaking demonstration underscores the transformative influence of recycling millions of Lithium batteries embedded in devices, effectively curbing the demand for resourceintensive mining while emboldening a circular economy vision.

The partnership with the World Economic Forum is the latest in a series of exclusive invitations for Envision Racing to attend events convening global leaders to showcase sports unique power to accelerate change, with the team also being invited by the United Nations to showcase in the Blue Zone at COP 28 in Dubai last December.

Franz Jung, President of AESC Europe and UK, VP of Envision Energy and Chairman of the Board of Envision Racing: “We’re delighted to have been given the opportunity to partner with the World Economic Forum to showcase how sport can influence and inspire action against climate change at their prestigious 15th Annual Meeting of the New Champions. As a world-leading green technology company, Envision Energy shares WEF’s vision of a strong economy powered by sustainable innovation, and this is reflected in Envision Racing’s commitment to using its platform to inspire conversations at the highest level on how to make this a reality.

“Through our presence at the event, we’re looking forward to engaging global leaders and influencing meaningful change.”

In addition to raising awareness and influencing global leaders, the teams’ Race Against Climate Change programme has already inspired hundreds of thousands of individual actions by young people across the world. A quarter of a million pledges have been taken to date through Envision’s Sustainable Chain campaign, which encourages people to pledge to take individual action towards living more sustainably.  

Roberto Bocca, Head, Centre for Energy and Materials; Member of the Executive Committee, World Economic Forum said: “Pioneering and innovating are enabling our society to advance. Envision’s Recover-E car pioneers in the race for sustainability and enhanced circularity. We don’t have to choose between growth and sustainability – by leveraging circularity, ingenuity and efficiency, we can achieve both.”