Overall Net-Zero Target: Mercialys commits to reach net-zero greenhouse gas emissions across the value chain by FY2050. Near-Term Targets: Mercialys commits to reduce scope 1, 2 and 3 in-use operational GHG emissions of owned and leased buildings, covering downstream leased assets, 62.8% per m2 by 2030 from a 2017 base year. Mercialys also commits to reduce absolute scope 3 GHG emissions from capital goods, upstream transportation and distribution and waste generated in operations 32.5% within the same timeframe. Mercialys commits to install no new fossil fuel equipment that is owned or financially controlled by the company in its buildings portfolios from January 1, 2030. Long-Term Targets: Mercialys commits to reduce scope 1, 2 and 3 in-use operational GHG emissions of owned and leased buildings, covering downstream leased assets, 93.2% per m2 by FY2050 from a FY2017 base year. Mercialys also commits to reduce all remaining absolute scope 3 GHG emissions 90% within the same timeframe.