Overall Net-Zero Target: Danfoss commits to achieve net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets: Danfoss commits to reduce absolute scope 1 and 2 GHG emissions 90.0% by 2035 from a 2024 base year.* Danfoss also commits to reduce scope 3 GHG emissions from use of sold products 66.33% per Ton of refrigeration from sold compressors within the same timeframe. Danfoss further commits to reduce scope 3 GHG emissions 66.33% per EUR value added within the same timeframe. Long-Term Targets: Danfoss commits to maintain a minimum 90.0% absolute scope 1 and 2 GHG emissions reduction from 2035 through 2050 from a 2024 base year.* Danfoss also commits to reduce scope 3 GHG emissions 97.0% per EUR value added by 2050 from a 2024 base year. *The target boundary includes land-related emissions and removals from biogenic feedstocks.