Overall Net-Zero Target: SHS - Stahl-Holding-Saar commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets: SHS - Stahl-Holding-Saar commits to reduce scope 1, 2 and 3 GHG emissions covered by the iron & steel core boundary 37% per ton of hot rolled steel by 2030 from a 2021 base year. As this target calculation depends on the scrap ratio projection, SHS - Stahl-Holding-Saar will publish the scrap ratio associated with this target annually starting from the base year. SHS - Stahl-Holding-Saar also commits to reduce the remaining absolute scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, upstream transportation and distribution, processing of sold products and use of sold products 25% over the same timeframe. Long-Term Targets: SHS Stahl-Holding-Saar commits to reduce scope 1, 2 and 3 emissions covered by the iron & steel core boundary 96% per ton of hot rolled steel by 2050 from a 2021 base year. As this target calculation depends on the scrap ratio projection, SHS - Stahl-Holding-Saar will publish the scrap ratio associated with this target annually starting from the base year. SHS Stahl-Holding-Saar also commits to reduce the remaining absolute scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, upstream transportation and distribution, processing of sold products and use of sold products 93% within the same timeframe.