Overall Net-Zero Target Vp plc commits to reach net-zero GHG emissions across the value chain by FY2050. Near-Term Targets Vp plc commits to reduce absolute scope 1 GHG emissions 50.4% by FY2032 from a FY2023 base year.* Vp plc also commits to reduce absolute scope 3 GHG emissions 50% from purchased goods and services, capital goods, use of sold products, and downstream leased assets within the same timeframe. Vp plc further commits to increase annual sourcing of renewable electricity from 87% in FY2023 to 100% by FY2030. Long-Term Targets Vp plc commits to reduce absolute scope 1, 2, and 3 GHG emissions 90% by FY2050 from a FY2023 base year.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks.