Overall Net-Zero Target: Colart commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets: Colart commits to reduce absolute scope 1 GHG emissions 42% by 2030 from a 2023 base year.* Colart also commits to increase active annual sourcing of renewable electricity from 5% in 2023 to 100% by 2030. Colart further commits that 90% of its suppliers by emissions covering purchased goods and services and upstream transportation and distribution, will have science-based targets by 2029. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. Long-Term Targets: Colart commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2035 from a 2023 base year.* Colart also commits to reduce absolute scope 3 GHG emissions 90% by 2050 from a 2023 base year.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks.