Overall Net-Zero Target Severfield commits to reach net-zero GHG emissions across the value chain by FY2050. Near-Term Targets Severfield commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by FY2033 from a FY2023 base year.* Severfield also commits to reduce absolute scope 3 GHG emissions 50.4% within the same timeframe. Long-Term Targets Severfield commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2040 from a FY2023 base year.* Severfield commits to reduce absolute scope 3 GHG emissions by 90% by FY2050 from a FY2023 base year. *The target boundary includes land-related emissions and removals from bioenergy feedstocks.