Overall Net-Zero Target: Miquel y Costas commits to reach net-zero greenhouse gas emissions across the value chain by FY2050. Near-Term Targets: Miquel y Costas commits to reduce absolute scope 1 and 2 GHG emissions 46.5% by FY2030 from a FY2021 base year.* Miquel y Costas also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel- and energy-related activities, upstream transportation and distribution and waste generated in operations 25% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. Long-Term Targets: Miquel y Costas commits to reduce absolute scope 1, 2 and 3 GHG emissions 90% by FY2050 from a FY2021 base year.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks.