Overall net-zero target: Tereos commits to reach net-zero greenhouse gas emissions across the value chain by FY2050. Near-term targets: Energy & Industry: Tereos commits to reduce absolute scope 1 and 2 GHG emissions 50,4% by FY2032 from a FY2022 base year.* Tereos also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel and energy related activities, upstream transportation and distribution, and downstream transportation and distribution 30,0% within the same timeframe.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks. FLAG: Tereos commits to reduce absolute scope 1 and 3 FLAG GHG emissions 36.4% by FY2032 from a FY2022 base year.** Tereos also commits to no deforestation across its primary deforestation-linked commodities, with a target date of 31 December 2025. **Target includes FLAG emissions and removals. Long-term targets: Energy & Industry: Tereos commits to reduce absolute scope 1 and 2 GHG emissions 90.0% by FY2050 from a FY2022 base year.* Tereos also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel and energy related activities, upstream transportation and distribution, waste generated in operations, downstream transportation and distribution and processing of sold products 90.0% within the same timeframe.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks. FLAG: Tereos commits to reduce absolute scope 1 and 3 FLAG GHG emissions 72.0% by FY2050 from a FY2022 base year.** **Target includes FLAG emissions and removals.