Overall Net-Zero Target Höganäs AB commits to reach net-zero GHG emissions across the value chain by 2040 from a 2018 base year. Near-Term Targets Höganäs AB commits to reduce absolute scope 1 and 2 GHG emissions 51% by 2030 from a 2018 base year.* Höganäs AB also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, and business travel 30% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. Long-Term Targets Höganäs AB commits to reduce absolute scope 1, 2 and 3 GHG emissions 90% by 2040 from a 2018 base year.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks.