Overall Net-Zero Target: Siemens AG commits to reach net-zero greenhouse gas emissions across the value chain by FY2050. Near-Term Targets: Siemens AG commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2030 from a FY2019 base year.* Siemens AG commits to reduce absolute scope 3 GHG emissions 30% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks." Long-Term Targets: Siemens AG commits to maintain a minimum of 90% absolute scope 1 and 2 GHG emissions reductions from FY2030 through FY2050 from a FY2019 base year.* Siemens AG commits to reduce absolute scope 3 GHG emissions 90% by FY2050 from a FY2019 base year. *The target boundary includes land-related emissions and removals from bioenergy feedstocks.