Overall Net-Zero Target: Hop Lun (Hong Kong) Limited commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets: Hop Lun commits to reduce absolute scope 1 and 2 GHG emissions 55% by 2033 from a 2021 base year.* Hop Lun also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, and waste generated in operations 55% by 2033 from a 2021 base year. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. Long-Term Targets: Hop Lun commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2021 base year.* Hop Lun commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, downstream transportation and distribution, and end-of-life treatment of sold products 90% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks.