Overall Net-Zero Target: TEEKANNE Holding GmbH & Co. KG commits to reach net-zero greenhouse gas emissions across the value chain by FY2045. Near-Term Targets: TEEKANNE Holding GmbH & Co. KG commits to reduce absolute scope 1 and 2 GHG emissions 85.1% by FY2033 from a FY2017 base year. TEEKANNE Holding GmbH & Co. KG also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, employee commuting and franchises 32.5% by FY2033 from a FY2023 base year. TEEKANNE Holding GmbH & Co. KG commits to reduce absolute scope 3 FLAG GHG emissions 39.4% by FY2033 from a FY2023 base year.* TEEKANNE Holding GmbH & Co. KG commits to no deforestation across its primary deforestation-linked commodities, with a target date of December 31, 2025. *The target includes FLAG emissions and removals. Long-Term Targets: TEEKANNE Holding GmbH & Co. KG commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2045 from a FY2017 base year. TEEKANNE Holding GmbH & Co. KG also commits to reduce absolute scope 3 GHG emissions 90% by FY2045 from a FY2023 base year. TEEKANNE Holding GmbH & Co. KG commits to reduce absolute scope 3 FLAG GHG emissions 72% by FY2045 from a FY2023 base year.* *The target includes FLAG emissions and removals.