Our decarbonization strategy defined in 2022 is aligned with the trajectory 'well below 2°C' in order to contribute to ambitions at the international, national and regional level, such as the Paris Agreement. In this context, our most significant environmental efforts are deployed through a program for the reduction of polluting and GHG emissions, both direct and indirect.

Based on the average price of EU-ETS credits in 2024, we defined an internal carbon price, i.e., a shadow price, to conduct cost-benefit analyses and reduce upstream value chain emissions on specific projects. The scopes covered by our internal carbon pricing scheme are: Category 3.1 - Upstream transportation and distribution, Category 3.2 - Downstream transportation and distribution, Category 4.1 - Purchased goods, Category 4.5 - Use of services.