Since publishing our revised greenhouse gas emissions target to reduce emissions by 90% on 2021 levels by 2030, we have reduced our Scope 1 & 2 carbon emissions by 59% against the 2021 baseline.
In November 2022, we announced our commitment to achieve net-zero emissions and set science-based targets for the medium and long-term. Overall, we commit to reach net-zero greenhouse gas emissions across the value chain by 2040. Near-term, we commit to reduce absolute scope 1 & 2 GHG emissions 90% by 2030 and to increase active annual sourcing of renewable electricity from 58% in 2021 to 100% by 2030. We also commit to reduce absolute Scope 3 GHG emissions 42% by 2030 from a 2023 base year. Long-term, we commit to maintain a minimum of 90% absolute Scope 1 & 2 GHG emissions from 2030 through 2040 from a 2021 base year, and to reduce absolute Scope 3 GHG emissions 90% by 2040 from a 2023 base year.