Overall Net-Zero Target: Meridian Energy commits to reach net-zero greenhouse gas emissions across the value chain by FY2050. Near-Term Targets: Meridian Energy commits to reduce absolute scope 1 and 2 GHG emissions 50% by FY2030 from a FY2021 base year. Meridian Energy also commits to reduce scope 3 GHG emissions 51.6% per MW capacity within the same timeframe. Meridian Energy finally commits that 80% of its suppliers by emissions covering capital goods will have science-based targets by FY2029. Long-Term Targets: Meridian Energy commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2040 from a FY2021 base year. Meridian Energy commits to reduce absolute scope 3 GHG emissions 90% by FY2050 from a FY2021 base year.