Overall Net-Zero Target: Jiangsu Hengtong Smart Grids Co.,Ltd. commits to achieve net-zero greenhouse gas emissions across the value chain by 2045. Near-Term Targets: Jiangsu Hengtong Smart Grids Co.,Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 63.0% by 2035 from a 2024 base year. Jiangsu Hengtong Smart Grids Co.,Ltd. also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, employee commuting, downstream transportation and distribution, processing of sold products, use of sold products and end-of-life treatment of sold products 37.5% within the same timeframe. Long-Term Targets: Jiangsu Hengtong Smart Grids Co.,Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 90.0% by 2045 from a 2024 base year. Jiangsu Hengtong Smart Grids Co.,Ltd. also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, employee commuting, downstream transportation and distribution, processing of sold products, use of sold products and end-of-life treatment of sold products 90.0% within the same timeframe.