Overall Net-Zero Target: Canadian National Railway Company commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets: CN commits to reduce scope 1 and 2 GHG emissions 43% per gross ton miles by 2030 from a 2019 base year.* ** CN commits to reduce scope 3 GHG emissions covering fuel and energy related activities from locomotive, truck and vessel fleets 40.0% per gross ton miles by 2030 from a 2019 base year.* CN also commits to reduce all other absolute scope 3 GHG emissions from fuel and energy related activities 27.5% by 2030 from a 2019 base year. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. **Under the former commitment model of the SBTi (available between June 2019 and October 2021), a subset of companies committed to setting near-term science-based targets aligned with well-below 2°C over an interim period as part of their wider net-zero commitment (referred to as Option 2 of the Business Ambition for 1.5°C Campaign). There is a strictly enforced timeline for these companies to ratchet ambition to 1.5°C for their near-term targets within a maximum of five years from the time of near-term target validation. At this point, they will be expected to decarbonize in line with their 1.5°C-aligned long-term science-based targets. Long-Term Targets: CN commits to reduce absolute scope 1, 2, and 3 GHG emissions 90% by 2050 from a 2019 base year.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks.