Net Zero Roadmap and Emission Reduction Targets

This document is a guide detailing HBK's roadmap to achieving net zero emissions. It outlines the company's commitment to reducing greenhouse gas emissions across its operations and value chain, with specific targets set for 2030 and 2040. By 2030, HBK aims to achieve net zero for Scope 1 and 2 emissions and a 42% reduction in Scope 3 emissions. The roadmap includes science-based targets validated by the Science Based Targets initiative, aligning with a 1.5 degree warming scenario. The document explains the concept of net zero, which refers to balancing greenhouse gas emissions produced with those removed from the atmosphere. It emphasizes the importance of collaboration with customers, suppliers, and employees to meet these ambitious goals. Additionally, it discusses various initiatives such as the commitment to 100% renewable electricity by 2030, transitioning to a fully electric fleet, and engaging suppliers to enhance their environmental performance. The document also mentions the significance of measuring progress and annual reporting on emissions reduction efforts.