Overall Net-Zero Target: Ocado Retail Limited commits to reach net-zero greenhouse gas emissions across the value chain by FY2040. Near-Term Targets: Energy & industrial: Ocado Retail Limited commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2021 base year. Ocado Retail Limited also commits to continue active annual sourcing of 100% renewable electricity through FY2030. Ocado Retail Limited further commits to reduce absolute scope 3 GHG emissions 42% by FY2030 from a FY2021 base year.* FLAG: Ocado Retail Limited commits to reduce absolute scope 3 FLAG GHG emissions 30.3% by FY2030 from a FY2021 base year.** Ocado Retail Limited also commits to no deforestation across its primary deforestation-linked commodities, with a target date of FY2025. Long-Term Targets: Energy & industrial: Ocado Retail Limited commits to reduce absolute scope 1, 2, and 3 GHG emissions 90% by FY2040 from a FY2021 base year.* FLAG: Ocado Retail Limited commits to reduce absolute scope 3 FLAG GHG emissions 72% by FY2040 from a FY2021 base year.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks. **The target includes FLAG emissions and removals.