Overall Net-Zero Target: Transport for London commits to reach net-zero GHG emissions across the value chain by FY2040. Near-Term Targets: Transport for London commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2030 from a FY2022 base year. Transport for London also commits to reduce absolute scope 3 GHG emissions 45% within the same timeframe. Long-Term Targets: Transport for London commits to maintain a minimum of 90% absolute scope 1 and 2 GHG emissions reductions from FY2030 through FY2040 from a FY2022 base year. Transport for London also commits to reduce absolute scope 3 GHG emissions 90% by FY2040 from a FY2022 base year.