Science-based targets validated by the SBTi
Net-zero: TFS commits to achieving net-zero greenhouse gas emissions across the value chain by 2050.
Near-term: Using 2024 as our base year, TFS commits to reducing absolute Scope 1 GHG emissions by 42.0%, increasing active annual sourcing of renewable electricity from 62.0% to 100.0%, and reducing Scope 3 GHG emissions by 51.6% per EUR of value added by 2030.
Long-term: Using 2024 as our base year, TFS commits to reducing absolute Scope 1 GHG emissions by 90.0% by 2050, continuing active annual sourcing of 100% renewable electricity from 2030 through 2050, and reducing Scope 3 GHG emissions by 97.0% per EUR of value added by 2050.