Overall net-zero target: PENNY Markt GmbH commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-term targets: Energy & Industry: PENNY Markt GmbH commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2021 base year. PENNY Markt GmbH also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, upstream transportation and distribution, and use of sold products 42% within the same timeframe.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks. FLAG: PENNY Markt GmbH commits to reduce absolute scope 3 FLAG GHG emissions 30.3% by 2030 from a 2021 base year.** PENNY Markt GmbH commits to no deforestation across its primary deforestation-linked commodities with a target date of December 31, 2025. **The target includes FLAG emissions and removals. Long-term targets: Energy & Industry: PENNY Markt GmbH commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2021 base year. PENNY Markt GmbH also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, upstream transportation and distribution, and use of sold products 90% within the same timeframe.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks. FLAG: PENNY Markt GmbH commits to reduce absolute scope 3 FLAG GHG emissions 72% by 2050 from a 2021 base year.** **The target includes FLAG emissions and removals.