Companies commit to halving their scope 1, scope 2 and business travel emissions by 2030using 2019 or later as the base year, and to reaching net zero by 2050. Net zero meaning reduce the emissions by 90% and counterbalance the remaining emissions with durable or permanent carbon removals.
If Scope 3 emissions are material to your total emissions, and the data allows you to measure them, you should also aim to cut scope 3 emissions in half this decade.
Companies must disclose their progress on a yearly basis.