Overall Net-Zero Target MEC commits to reach net-zero GHG emissions across the value chain by 2050. Near-Term Targets MEC commits to reduce absolute scope 1 and 2 GHG emissions 55% by 2030 from a 2021 base year. MEC also commits to reduce scope 3 GHG emissions 55% per sold product within the same timeframe. Long-Term Targets MEC commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2021 base year. MEC also commits to reduce scope 3 GHG emissions 97% per sold product within the same timeframe.