43 Table of Contents Introduction & Our Approach Operating Responsibly Investing in Our People Diversity, Equity & Inclusion Environmental Sustainability Social Impact Data & Frameworks OVERVIEW EMISSIONS WATER WASTE MATERIALS SUSTAINABLE DESIGN NATURE SPOTLIGHT Pathway to Net Zero Emissions for Direct Operations (Scope 1 & 2) SCIENCE BASED TARGETS INITIATIVE (SBTI) TARGET OF 46.2% † ABSOLUTE REDUCTION FOR DIRECT OPERATIONS (SCOPE 1 & 2) BY 2030 EXPECTED TO BE ACHIEVED THROUGH FIVE KEY LEVERS: We set a goal for newly approved projects to be 2030 Targets DESIGNING designed to “near net zero” emissions and have 1.81M Baseline SUSTAINABLY established a detailed Sustainable Design standard 1.81M 1.72M SBTi Target Disney Target 1.58M We continue to explore the use of energy † †† PURSUING ef昀椀cient technologies for our buildings 46.2% Net Zero ENERGY and attractions and fuel ef昀椀ciency Absolute To be achieved e EFFICIENCY reduction through high-quality O2 measures for our vehicles and cruise ships Carbon Credits 1.30M 1.19M USING LOWER We continue to explore the use of Based), MT C CARBON FUELS lower carbon fuels for cruise ships, et- 973K SBTi Target vehicles, and mobile generators 973K We continue to explore the use of battery ACTIVELY electric generators for our 昀椀lm productions, ELECTRIFYING electric vehicles for our 昀氀eets, and electric kitchens in our buildings and cruise ships Scope 1 & 2 Emissions (Mark EXPANDING We continue to grow our portfolio of on-site 0 RENEWABLE renewable electricity projects and pursue Disney Net Zero Target utility green power programs and direct and Fiscal 2019 2020 2021 2022 2023 ELECTRICITY virtual power purchase agreements 2030 Year † Our environmental goal setting process adapts to changes in our businesses and in relevant protocols that we follow. For emissions, we measure actual emissions and forecast future emissions based on information available on our business plans, secular changes, projects, process changes, and other factors. We expect to follow SBTi methodology recommendations that companies check the validity of their target projections annually, and at a minimum, reassess targets every 昀椀ve years. †† See footnote 6 on p. 71.