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Nissan Formula E Team Partners With Coral

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Nissan Formula E Team Partners With Coral

Nissan Formula E Team partners with Coral for 2023/24 ABB FIA Formula E World Championship, utilizing blockchain technology to offset carbon emissions, enhancing transparency and verification in carbon credit markets.

Nissan Formula E Team is partnering with Coral to reduce its carbon emissions, following its FIA 3 Star Environmental Accreditation in 2022. The team is committed to sustainability and environmental management innovations, and Coral’s transparency makes them an ideal partner. They will use a Greenhouse Gas Protocol and Science Based Standards framework to assess the team’s carbon footprint and implement a robust credit scheme. The goal is to combine Nissan Formula E’s reach with Coral’s transparent platform to increase awareness of carbon credits’ impact, contributing to global decarbonization and a cleaner future. The partnership aims to increase awareness of carbon credits and contribute to global decarbonization.

(With inputs from Shikha Singh)

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