Ørsted commits to reach net-zero greenhouse gas emissions across the value chain by 2040. Near-Term Targets: Ørsted commits to reduce scope 1, 2 and 3 GHG emissions (excluding from use of sold products) 77% per kWh by 2030 from a 2018 base year.* Within this target, Ørsted commits to reduce scope 1 and 2 GHG emissions 93% per kWh by 2025 from a 2018 base year, equivalent to a 98% reduction per kWh by 2025 from a 2006 base year.* Ørsted also commits to reduce scope 1 and 2 GHG emissions 96% per kWh by 2030 from a 2018 base year, equivalent to a 99% reduction per kWh by 2030 from a 2006 base year.* Ørsted further commits to reduce scope 1, 2, and 3 GHG emissions from all sold electricity 86.4% by 2030 from a 2018 base year.* Ørsted finally commits to reduce absolute scope 3 GHG emissions 50.4% within the same timeframe. Within this target, Ørsted commits to reduce absolute scope 3 GHG emissions from use of sold products for sold fossil fuels 67% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. Long-Term Targets: Ørsted commits to reduce scope 1, 2 and 3 GHG emissions (excluding from use of sold products) 99% per kWh by 2040 from a 2018 base year.* Within this target, Ørsted commits to reduce scope 1 and 2 GHG emissions 99% per kWh by 2040 from a 2018 base year, equivalent to a 99.8% reduction per kWh by 2040 from a 2006 base year.* Ørsted also commits to reduce absolute scope 3 GHG emissions from use of sold products 90% by 2040 from a 2018 base year. *The target boundary includes land-related emissions and removals from bioenergy feedstocks