Overall Net-Zero Target: Sovereign Speed GmbH commits to reach net-zero greenhouse gas emissions across the value chain by 2042. Near-Term Targets: Sovereign Speed Group commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from 2022 base year. * Sovereign Speed Group also commits to reduce absolute scope 3 GHG emissions from fuel and energy related activities, upstream transportation and distribution, business travel and employee commuting 25% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. Long-Term Targets: Sovereign Speed GmbH commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2042 from a 2022 base year.* Sovereign Speed GmbH commits to reduce absolute scope 3 GHG emissions from fuel and energy related activities, upstream transportation and distribution, business travel and employee commuting 90% by 2042 from a 2022 base year. *The target boundary includes land-related emissions and removals from bioenergy feedstocks.