Overall net-zero target: Panther Packaging GmbH & Co. KG commits to reach net-zero greenhouse gas emissions across the value chain by 2040. Near-term targets: Energy & Industry: Panther Packaging GmbH & Co. KG commits to reduce absolute scope 1 GHG emissions 58.50% by 2028 from 2019 base year. Panther Packaging GmbH & Co. KG also commits to increase active annual sourcing of renewable electricity from 0.00% in 2019 to 100.00% by 2028 through 2030. Panther Packaging GmbH & Co. KG further commits that 84.00% of its suppliers by emissions, covering purchased goods and services, will have science-based targets by 2028. FLAG: Panther Packaging GmbH & Co. KG commits to reduce absolute scope 3 FLAG GHG emissions 27.3% by 2028 from a 2019 base year.* Panther Packaging GmbH & Co. KG commits to maintaining no deforestation across its primary deforestation-linked commodities. *The target boundary includes FLAG emissions and removals. Long-term targets: Energy & Industry: Panther Packaging GmbH & Co. KG commits to reduce absolute scope 1 GHG emissions 90.0% by 2040 from 2019 base year. Panther Packaging GmbH & Co. KG also commits to continue active annual sourcing of 100.0% renewable electricity through 2040. Panther Packaging GmbH & Co. KG further commits to reduce absolute scope 3 GHG emissions 90.0% by 2040 from 2019 base year. FLAG: Panther Packaging GmbH & Co. KG commits to reduce absolute scope 3 FLAG GHG emissions 72.0% by 2040 from a 2019 base year.* *The target boundary includes FLAG emissions and removals.