Overall Net-Zero Target Reconomy Group commits to reach net-zero GHG emissions across the value chain by 2040. Near-Term Targets Reconomy Group commits to reduce absolute scope 1 and 2 GHG emissions 33.6% by 2028 from a 2021 base year. Reconomy commits to increase active annual sourcing of renewable electricity from 86% in 2021 to 100% by 2028. Reconomy Group commits to reduce scope 3 GHG emissions 44% per USD value added by 2028 from a 2021 base year. Long-Term Targets Reconomy Group commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2040 from a 2021 base year. Reconomy Group also commits to reduce scope 3 GHG emissions 97% per USD value added within the same timeframe.