Overall Net-Zero Target: Companhia Energética de Minas Gerais - Cemig commits to reach net-zero greenhouse gas emissions across the value chain by 2040. Near-Term Targets: Companhia Energética de Minas Gerais - Cemig commits to reduce absolute scope 1 and 2 GHG emissions 70.8% by 2030 from a 2021 base year. Companhia Energética de Minas Gerais - Cemig also commits to reduce scope 3 emissions from fuel and energy related activities covering all sold electricity 75.8% per MWh within the same timeframe. Companhia Energética de Minas Gerais - Cemig further commits to reduce absolute scope 3 GHG emissions from use of sold products for sold and distributed fossil fuels 42.0% within the same timeframe. Companhia Energética de Minas Gerais - Cemig finally commits to reduce all remaining absolute scope 3 GHG emissions 42.0% within the same timeframe. Long-Term Targets: Companhia Energética de Minas Gerais - Cemig commits to reduce absolute scope 1 and 2 GHG emissions 90.0% by 2040 from a 2021 base year. Companhia Energética de Minas Gerais - Cemig also commits to reduce scope 3 emissions from fuel and energy related activities covering all sold electricity 92.4% per MWh within the same timeframe. Companhia Energética de Minas Gerais - Cemig further commits to reduce absolute scope 3 GHG emissions from use of sold products for sold and distributed fossil fuels by 90.0% within the same timeframe. Companhia Energética de Minas Gerais - Cemig finally commits to reduce all remaining absolute scope 3 GHG emissions 90.0% within the same timeframe.