Overall Net-Zero Target: Universal Corporation commits to reach net-zero greenhouse gas emissions across the value chain by FY2050. Near-Term Targets: Universal Corporation commits to reduce absolute scope 1 and 2 GHG emissions 45% by FY2030 from a FY2024 base year.* ** Universal Corporation also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, waste generated in operations, business travel, processing of sold products and use of sold products 25% within the same timeframe.* ** Universal Corporation further commits to no deforestation across its primary deforestation-linked commodities, with a target date of December 31, 2025. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. **The targets only include energy and industrial emissions, the FLAG emissions have been excluded. The company will include these emissions in a FLAG target once a pathway for timber and wood fiber is available. Long-Term Targets: Universal Corporation commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2050 from a FY2024 base year.* ** Universal Corporation also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel and energy related activities, upstream and downstream transportation and distribution, waste generated in operations, processing of sold products and use of sold products 90% within the same timeframe.* ** *The target boundary includes land-related emissions and removals from bioenergy feedstocks. **The targets only include energy and industrial emissions, the FLAG emissions have been excluded. The company will include these emissions in a FLAG target once a pathway for timber and wood fiber is available.