Overall Net-Zero Target: Salzgitter AG commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets: Salzgitter AG commits to reduce scope 1, 2 and 3 GHG emissions covered by the iron & steel core boundary 20% per tonne of hot rolled steel by 2028 from a 2021 base year. As this target calculation depends on the scrap ratio projection, Salzgitter AG will publish the scrap ratio associated with this target annually starting from the base year. Salzgitter AG also commits to reduce all other absolute scope 1 and 2 GHG emissions 35.6% within the same timeframe. Salzgitter AG further commits to reduce all other scope 3 GHG emissions from purchased goods and services, and emissions from fuel and energy related activities, waste management, use of sold products and investments 20% within the same timeframe. Salzgitter AG finally commits to reduce absolute scope 3 GHG emissions from use of sold products covering fossil fuels sold 33.6% within the same timeframe. Long-Term Targets: Salzgitter AG commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2045 from a 2021 base year. Salzgitter AG also commits to reduce absolute scope 3 GHG emissions 90% by 2050 from a 2021 base year.