APPROVED

NEAR-TERM SCIENCE-BASED TARGETS

The Science Based Targets initiative has validated that the science-based greenhouse gas emissions reductions target(s) submitted by CIBAO CO., LTD conform with the SBTi Criteria and Recommendations (Criteria version 5.2).

SBTi has classified your company’s scope 1 and 2 target ambition as in line with a 1.5°C trajectory.

The official near-term science-based target language:

CIBAO CO., LTD commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2023 base year.

CIBAO CO., LTD commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, upstream and downstream transportation and distribution, waste generated in operations, business travel and employee commuting 25% by 2030 from a 2023 base year.