Thor Industries Inc

Common Name
Thor Industries
Country
United States
Sector
Consumer Cyclical
Industry
Recreational Vehicles
Employees
22,300
Ticker
THO
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Thor Industries Inc. is a leading manufacturer of recreational vehicles (RVs) in the United States and internationally. The company's primary function is to design and produce a diverse range of motor...

Thor Industries's GHG Emissions Data Preview

In 2024, Thor Industries completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Thor Industries has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Thor Industries's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Thor Industries amounted to 91,427 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Thor Industries decreased by 1.99%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Thor Industries's Scope 1 Emissions Over Time

201920202021202220232024020 k40 k60 k80 ktCO2e-3%+23%+4%-24%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Thor Industries's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Thor Industries were 51,703 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Thor Industries reduced its Scope 1 emissions over time?

Since 2019, Thor Industries's Scope 1 emissions have decreased by 10.69%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Thor Industries's Scope 1 emissions decreased by 5.17%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Thor Industries's Scope 2 emissions?

In 2024, Thor Industries reported Scope 2 greenhouse gas (GHG) emissions of 39,724 tCOâ‚‚e using the market-based method.

Has Thor Industries reduced its Scope 2 emissions over time?

Since 2019, Thor Industries's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 41.67%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Thor Industries's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Thor Industries 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Thor Industries use for Scope 2 reporting?

In 2024, Thor Industries reported its Scope 2 emissions using the market-based method.

Thor Industries's Scope 2 Emissions Over Time

201920202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Market-Based

Insights into Thor Industries's Value Chain Emissions

In 2024, Thor Industries reported 15,471,592 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Thor Industries includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Thor Industries's Scope 3 Emissions Over Time

20222023202406 M12 M18 M24 MtCO2e-30%-5%
  • Total Scope 3
  • Year-over-Year Change

What are Thor Industries's Scope 3 emissions?

In 2024, Thor Industries reported total Scope 3 emissions of 15,471,592 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 30.17% of these emissions originated from upstream activities such as purchased goods and capital goods, while 69.83% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2023), Thor Industries's Scope 3 emissions remained relatively stable, indicating that Thor Industries 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Thor Industries disclose?

In 2024, Thor Industries reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Thor Industries's Scope 3 emissions?

In 2024, the largest contributors to Thor Industries's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 10,804,391 tCOâ‚‚e (69.83%)
  • Purchased Goods and Services (Cat. 1): 4,097,762 tCOâ‚‚e (26.49%)
  • Upstream Transportation and Distribution (Cat. 4): 569,439 tCOâ‚‚e (3.68%)

Thor Industries's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(69.8%)UpstreamTransportation andDistribution(Cat. 4)(3.7%)Purchased Goods andServices (Cat. 1)(26.5%)

Insights into Thor Industries's Total Carbon Footprint

In 2024, Thor Industries reported a total carbon footprint of 15,563,019 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.69% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Thor Industries's total carbon footprint was Scope 3 emissions, accounting for 99.41% of the company's total carbon footprint, followed by Scope 1 emissions at 0.33%.