Overall Net-Zero Target: Sonae Sierra commits to reach net-zero greenhouse gas emissions across the value chain by 2040. Near-Term Targets: Sonae Sierra commits to reduce scope 1 and 2 GHG emissions 73% per square meter by 2030 from a 2019 base year. Sonae Sierra commits to reduce scope 3 GHG emissions from purchased goods and services 55% per square meter developed within the same timeframe. Sonae Sierra also commits to reduce all other absolute scope 3 GHG emissions 46.2% within the same timeframe. Long-Term Targets: Sonae Sierra commits to reduce scope 1 and 2 GHG emissions 99.4% per square meter by 2040 from a 2019 base year. Sonae Sierra commits to reduce scope 3 GHG emissions from purchased goods and services 97% per square meter developed within the same timeframe. Sonae Sierra also commits to reduce all other absolute scope 3 GHG emissions 99.6% within the same timeframe.