Overall net-zero target: Davines S.p.A. commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-term targets: Energy & Industry: Davines S.p.A. commits to reduce absolute scope 1 and 2 GHG emissions 42.0% by 2030 from a 2022 base year. Davines S.p.A. also commits to reduce scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, business travel, employee commuting, downstream transportation and distribution and, use of sold products 51.6% per kg of bulk manufactured within the same timeframe. FLAG: Davines S.p.A. commits to reduce absolute scope 3 FLAG GHG emissions 30.3% by 2030 from a 2022 base year. Davines S.p.A. commits to no deforestation across its primary deforestation-linked commodities, with a target date of no later than December 31, 2025. Long-term targets: Energy & Industry: Davines S.p.A. commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from 2022 base year. Davines S.p.A. also commits to reduce scope 3 GHG emissions 97% per kg of bulk manufactured within the same timeframe. FLAG: Davines S.p.A. commits to reduce absolute scope 3 FLAG GHG emissions 72% by 2050 from a 2022 base year.