Overall Net-Zero Target: Shougang Century Holdings Limited commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets: Shougang Century Holdings Limited commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2022 base year. Shougang Century Holdings Limited also commits to reduce scope 3 GHG emissions from purchased goods and services and end-of-life treatment of sold products 51.6% per kg of sold product within the same timeframe. Long-Term Targets: Shougang Century Holdings Limited commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2022 base year. Shougang Century Holdings Limited also commits to reduce scope 3 GHG emissions 97% per kg of sold product within the same timeframe.