Overall Net-Zero Target: Hitachi Energy commits to reach net-zero greenhouse gas emissions across the value chain by FY2050. Near-Term Targets: Hitachi Energy commits to reduce absolute scope 1 and 2 GHG emissions 80% by FY2030 from a 2019 base year.* Hitachi Energy also commits to reduce scope 3 GHG emissions from purchased goods and services, upstream and downstream transportation and distribution, business travel, and use of sold products 55% per MVA sold within the same timeframe.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks. Long-Term Targets: Hitachi Energy commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2050 from a 2019 base year.* Hitachi Energy also commits to reduce scope 3 GHG emissions from purchased goods and services, upstream and downstream transportation and distribution, business travel, and use of sold products 97% per MVA sold within the same timeframe.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks.