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Thule Group AB

Common Name
Thule Group
Country
Sweden
Sector
Consumer Cyclical
Industry
Leisure
Employees
3,000
Ticker
THULE
Exchange
Nasdaq Stockholm
Description
Thule Group AB is a Swedish company specializing in the development, manufacture, and sale of outdoor, sports, and transportation products. Founded in 1942 in Hillerstorp, it has grown into a global l...

Thule Group's Climate Target Data Preview

As of 2025, Thule Group has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 absolute reduction targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Thule Group's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9)
Metric Tonnes of CO2 equivalent (mtCO2e)
-28%a
2030
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-46%a
2030
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-56%a
2030
Absolute-based Target
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Franchises (Cat. 14)
Metric Tonnes of CO2 equivalent (mtCO2e)
-90%a
2050
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-90%a
2050
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-90%a
2050
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Verified Sources Behind Thule Group’s Climate Targets Data

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a. Thule Group's Integrated Report 2025

Insights into Thule Group's Greenhouse Gas Emissions Pathways

As of 2025, Thule Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

Does Thule Group have a target to reduce the emissions from its operations?

As of 2025, Thule Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Thule Group's most ambitious operational target is to reduce these emissions by 90.07% by 2050, compared to a baseline of 282 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a

As of 2025, Thule Group is ahead of schedule on its operational emissions reduction target, having achieved 62.21% of the planned reduction.a

Thule Group's Operational (Scope 1+2) Emissions Pathway

2019202520302050075150225300BaselineCurrent (-56%)Target 2050 (-90%)

Does Thule Group have a target to reduce the emissions from its value chain?

As of 2025, Thule Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a

Thule Group's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 359,490 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a

As of 2025, Thule Group is ahead of schedule on its value chain emissions reduction target, having achieved 27.67% of the planned reduction.a

Thule Group's Value Chain (Scope 3) Emissions Pathway

201920252050090 k180 k270 k360 kBaselineCurrent (-25%)Target 2050 (-90%)
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