Overall Net-Zero Target: SHIMIZU CORPORATION commits to reach net-zero greenhouse gas emissions across the value chain by FY2050. Near-Term Targets: SHIMIZU CORPORATION commits to reduce absolute scope 1 and 2 GHG emissions 58.8% by FY2034 from a FY2023 base year.* SHIMIZU CORPORATION also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, use of sold products 35.0% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. Long-Term Targets: SHIMIZU CORPORATION commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2050 from a FY2023 base year.* SHIMIZU CORPORATION commits to reduce absolute scope 3 GHG emissions from purchased goods and services, use of sold products 90% by FY2050 from a FY2023 base year.