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54 About Strategy and Governance Our People Our Business Our Outcome AppendixClimate-Related Metrics and TargetsDKSH is adapting its business model to reflect risks arising from climate change and is making an active contribution to mitigating climate change. In keeping with these efforts, DKSH has defined a path towards its climate neutrality objective for 2030. This works towards the Swiss Government%u2019s climate targets of reducing emissions by 50 % by 2030 with a 1990 baseline within the framework of the Paris Agreement.We achieved our greenhouse gas emissions target %u2013 to reduce emissions from our own operations by 35% by 2025 compared with a 2020 baseline %u2013 four years early. That is why we are constantly setting ourselves new interim targets. We want to reduce our emissions by 55% by 2024 and by 70 % by 2027 compared to a base year of 2020. In 2023, we reduced our greenhouse gas emissions from our own operations (Scope 1 and 2) by 50 % compared with our base year 2020 and by 14% compared with 2022 through various initiatives. In addition to CO2 emissions, we include CH4and N2O emissions in the calculation of our greenhouse gas emissions. In addition to CO2 emissions, we include CH4, N2O, and CFC emissions in the calculation of our greenhouse gas emissions. In 2023, our Scope 1 and 2 (location-based) emissions amounted to 64,023 metric tons of CO2, 95 metric tons of CO2e of CH4, 277 metric tons of CO2e of N2O, and 2,693 metric tons CO2e of CFC, resulting in CO2e of 67,089 metric tons . Please turn to the Sustainability Strategy chapter for further information on our progress and goals in reducing emissions.To this end, we are reporting key core performance indicators, such as our own greenhouse gas emissions, in accordance with Scopes 1, 2, and 3 of the Greenhouse Gas Protocol. We also collect data and regularly review our performance in the area of waste. Our emissions-related reporting and data can be found in the Climate Change Mitigation chapter, while information on waste is located in the Resource Efficiency chapter. In addition, all our Business Units and relevant Functions must define measures contributing to DKSH%u2019s overall target of becoming climate-neutral. More information on climaterelated metrics and targets can be found in our CDP Questionnaire 2023 (section C4), which is available on the CDP website.Physical risk(emerging in a four-degree global warming scenario)Transitory risk(emerging in a two-degree global warming scenario)High financial impactLow scenario probabilityLow financial impactLow scenario probabilityHigh financial impactHigh scenario probabilityLow financial impactHigh scenario probabilityHealth impact on the workforceReduced capital availabilityIncreased pricing of greenhouse gas emissionsProbabilityPhysical and Transitory RisksReduced raw material availability to DKSH clients due to drought stressLack of insurance due to extreme weather eventsHigh uncertainty about energy supply and pricesDamage to transportation infrastructure caused by rising sea levels and heavy precipitationDependency on electricity supplyDamage to energy infrastructure caused by extreme weather eventsFinancial Impact