Overall Net-Zero Target Efacec Power Solutions, SGPS, S.A. commits to reach net-zero greenhouse gas emissions across the value chain by 2045 from a 2019 base year. Near-Term Targets Efacec commits to reduce absolute scope 1 GHG emissions 50% by 2030 from a 2019 base year.* Efacec also commits to increase annual active sourcing of renewable electricity from 0% in 2019 to 100% by 2030. Efacec further commits to reduce absolute scope 3 GHG emissions from purchased goods and services and use of sold products 55% by 2033 from a 2019 base year. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. Long-Term Targets Efacec commits to reduce absolute scope 1, 2 and 3 GHG emissions 90% by 2045 from a 2019 base year.