Overall Net-Zero Target: Klöckner & Co SE commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets: Klöckner & Co SE commits to reduce absolute scope 1 and 2 GHG emissions 62.5% by 2030 from a 2019 base year. Klöckner & Co SE also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods and upstream transportation and distribution 30% within the same timeframe. Klöckner & Co SE further commits to reduce absolute scope 3 GHG emissions from fuel and energy related activities, waste generated in operations, business travel, employee commuting, downstream transportation and distribution 50% within the same timeframe. Long-Term Targets: Klöckner & Co commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2040 from a 2019 base year. Klöckner & Co commits to reduce absolute scope 3 GHG emissions from fuel and energy related activities, waste generated in operations, business travel, employee commuting and downstream transportation and distribution 90% by 2040 from a 2019 base year. Klöckner & Co commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods and upstream transportation and distribution 90% by 2050 from a 2019 base year.