Overall Net-Zero Target: Netel Holding AB commits to reach net-zero greenhouse gas emissions across the value chain by FY2050. Near-Term Targets: Netel Holding AB commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2023 base year. Netel Holding AB also commits to reduce scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, upstream transportation and distribution, waste generated in operations, business travel, employee commuting and use of sold product 51.6% per million SEK value added within the same timeframe. Long-Term Targets: Netel Holding AB commits to reduce absolute scope 1, 2 and 3 GHG emissions 90% by FY2050 from a FY2023 base year.