Overall Net-Zero Target Fater S.p.A. commits to reach net-zero greenhouse gas emissions across the value chain by FY2039/2040 from a FY2020/2021 base year. Near-Term Targets Fater S.p.A. commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2029/2030 from a FY2020/2021 base year. Fater S.p.A. also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, and upstream transportation and distribution 25% within the same timeframe.* *The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks. Long-Term Targets FATER S.p.A. commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2039/2040 from a FY2020/2021 base year. FATER S.p.A. also commits to reduce absolute scope 3 GHG emissions covering purchased goods and services, fuel and energy-related activities, upstream transportation, and end-of-life treatment of sold products 90% within the same timeframe.* *The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks.