This target was approved using a streamlined target validation route exclusive to small and medium-sized enterprises (SMEs). https://docs.sbtiservices.com/resources/FAQsforSMEs.pdf Lumi Global commits to reduce scope 1 and scope 2 GHG emissions 50% by 2030 from a 2024 base year, and to measure and reduce its scope 3 emissions. Lumi Global commits to reach net-zero by 2050. As part of this, it commits to reduce scope 1, 2 and 3 emissions 90% by 2050 from a 2024 base year.