Overall Net-Zero Target: VR Group commits to reach net-zero GHG emissions across the value chain by 2040. Near-Term Targets: VR Group commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by 2032 from a 2022 base year.* VR Group also commits to reduce absolute scope 3 GHG emissions from use of sold products for sold fossil fuels 50.4% within the same timeframe. VR Group further commits to reduce all remaining absolute scope 3 GHG emissions 50.4% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. Long-Term Targets: VR Group commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2040 from a 2022 base year.* VR Group also commits to reduce absolute scope 3 GHG emissions from use of sold products for sold fossil fuels 90% within the same timeframe. VR Group further commits to reduce all remaining absolute scope 3 GHG emissions 90% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks.