Overall Net-Zero Target: LOXAM commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets: Multinational French rental company, LOXAM commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year. LOXAM also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel and energy related activities, waste generated in operations, business travel, employee commuting, downstream transportation and distribution, and end of life treatment of sold products 30% within the same timeframe. LOXAM further commits to reduce absolute scope 3 GHG emissions from use of sold products 50% within the same timeframe.* *The target boundary includes biogenic land-related emissions and removal from bioenergy feedstocks. Long-Term Targets: LOXAM commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2019 base year.* LOXAM also commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe.* *The target boundary includes biogenic land-related emissions and removal from bioenergy feedstocks.