Overall Net-Zero Target: Hultafors Group AB commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets: Hultafors Group AB commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2022 base year.* Hultafors Group AB also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, downstream transportation and distribution and end-of-life treatment of sold products 42% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. Long-Term Targets: Hultafors Group AB commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2022 base year.* Hultafors Group AB also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, downstream transportation and distribution and end-of-life treatment of sold products 90% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks.