Overall Net-Zero Target: August Faller GmbH & CO. KG commits to achieve net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets: August Faller GmbH & CO. KG commits to reduce absolute scope 1 and 2 GHG emissions 58.8% by 2034 from a 2024 base year. August Faller GmbH & CO. KG also commits to increase active annual sourcing of renewable electricity from 76.7% in 2024 to 100.0% by 2030. August Faller GmbH & CO. KG further commits to reduce absolute scope 3 GHG emissions 35.0% by 2034 from a 2024 base year. Furthermore, August Faller GmbH & CO. KG commits to no deforestation across its primary deforestation-linked commodities, with a target date of December 31, 2025.** Long-Term Targets: August Faller GmbH & CO. KG commits to reduce absolute scope 1 and 2 GHG emissions 90.0% by 2050 from a 2024 base year. August Faller GmbH & CO. KG also commits to reduce absolute scope 3 GHG emissions 90.0% within the same timeframe. **The targets only include energy and industrial emissions, the FLAG emissions have been excluded. The company will include these emissions in a FLAG target once a pathway for timber and wood fiber is available.