Overall net-zero target: Valeo Foods commits to reach net-zero GHG emissions across the value chain by FY2050. Near-term targets: Energy & Industry: Valeo Foods commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2031 from FY2022 base year. Valeo Foods also commits to reduce absolute scope 3 GHG emissions from purchased goods and services and downstream transportation and distribution 25% within the same timeframe. FLAG: Valeo Foods commits to reduce absolute scope 3 FLAG GHG emissions 30.3% by FY2031 from a FY2022 base year.* Valeo Foods commits to no deforestation across its primary deforestation-linked commodities, with a target date of December 31, 2025. *Target includes FLAG emissions and removals. Long-term targets: Energy & Industry: Valeo Foods commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2050 from FY2022 base year. Valeo Foods also commits to reduce absolute scope 3 emissions 90% within the same timeframe. FLAG: Valeo Foods commits to reduce absolute scope 3 FLAG GHG emissions 72% by FY2050 from FY2022 base year.