Overall Net-Zero Target Bloomberg LP commits to reach net-zero greenhouse gas emissions across the value chain by 2040 from a 2018 base year. Near-Term Targets Bloomberg LP commits to reduce absolute scope 1 and 2 GHG emissions 80% by 2030 from a 2018 base year. Bloomberg LP also commits to increase annual sourcing of renewable electricity from 17% in 2018 to 100% by 2025. Bloomberg LP further commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, waste generated in operations, business travel and downstream transportation and distribution 30% by 2030 from a 2018 base year. Long-Term Targets Bloomberg LP commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2040 from a 2018 base year. Bloomberg LP commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe.