Overall Net-Zero Target: Chalhoub Group commits to reach net-zero greenhouse gas emissions across the value chain by 2040. Near-Term Targets: Chalhoub Group commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by 2032 from a 2021 base year. Chalhoub Group also commits to reduce scope 3 GHG emissions from purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, business travel, employee commuting, end-of-life treatment of sold products and investments 58.1% per million USD value added within the same timeframe.Long-Term Targets: Chalhoub Group commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2040 from a 2021 base year. Chalhoub Group commits to reduce scope 3 GHG emissions from purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, business travel, employee commuting, end-of-life treatment of sold products and investments 97% per million USD value added within the same timeframe.