Overall Net-Zero Target: Pirelli commits to reach net-zero greenhouse gas emissions across the value chain by 2040. Near-Term Targets: Pirelli commits to reduce absolute scope 1 and 2 GHG emissions 80% by 2030 from a 2018 base year.* Pirelli also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, and upstream transportation and distribution 30% within the same timeframe.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks. Long-Term Targets: Pirelli commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2040 from a 2018 base year.* Pirelli also commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks.