Overall Net-Zero Target Wellspect AB commits to reach net-zero GHG emissions across the value chain by 2045. Near-Term Targets Wellspect AB commits to reduce absolute scope 1 and 2 GHG emissions 80% by 2030 from a 2021 base year.* Wellspect AB also commits to reduce absolute scope 3 GHG emissions covering upstream transportation and distribution, waste generated in operations and upstream leased assets 42% within the same timeframe. Wellspect AB further commits that 74.9% of its suppliers by emissions covering purchased goods and services, capital goods and upstream transportation and distribution will have science-based targets by 2026. *The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks. Long-Term Targets Wellspect AB commits to reduce absolute scope 1 and 2 GHG emission 95% by 2045 from a 2021 base year*. Wellspect AB also commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe. *The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks.