Overall Net-Zero Target: Ocab Group Holding AB commits to reach net-zero greenhouse gas emissions across the value chain by 2040. Near-Term Targets: Ocab Group Holding AB commits to reduce absolute scope 1, 2, and 3 GHG emissions 63% by 2030 from a 2020 base year*. Ocab Group Holding AB also commits to increase active annual sourcing of renewable electricity from 63% in 2020 to 100% by 2024, and to continue active annual sourcing of 100% renewable electricity through 2030. Ocab Group Holding AB further commits that 50% of its suppliers by spend covering purchased goods and services, will have SBTs by 2025. *The target boundary includes land-related emissions and removals from bioenergy feedstocks. Long-Term Targets: Ocab Group Holding AB commits to reduce absolute scope 1, 2 and 3 GHG emissions 90% by 2040 from a 2020 base year*. *The target boundary includes land-related emissions and removals from bioenergy feedstocks.