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 Precision Metals commits to reduce scope 1 and scope 2 GHG emissions 42% by FY2030 from a FY2023 base year, and to measure and reduce its scope 3 emissions. Precision Metals commits to reach net-zero by FY2050. As part of this, it commits to reduce scope 1, 2 and 3 emissions 90% by FY2050 from a FY2023 base year.