Thule Group AB

Common Name
Thule Group
Country
Sweden
Sector
Consumer Cyclical
Industry
Leisure
Employees
2,560
Ticker
THULE
Exchange
NASDAQ STOCKHOLM AB
Description
Thule Group AB is a leading Swedish manufacturer specializing in premium outdoor and transportation solutions, most notably recognized for its high-quality roof racks, bicycle and water sport carriers...

Thule Group's Climate Target Data Preview

As of 2024, Thule Group has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 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 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050

This table provides a simplified preview of selected climate targets 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 Thule Group's Greenhouse Gas Emissions Pathways

As of 2024, 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.

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

As of 2024, Thule Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Thule Group's most ambitious operational target is to reduce these emissions by 89.98% by 2050, compared to a baseline of 3,185 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

Instead of reducing operational emissions, Thule Group has increased them, with 2024 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.

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

201920242030205001 k2 k3 k4 kBaselineCurrent (+21%)Target 2030 (-46%)Target 2050 (-90%)

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

As of 2024, Thule Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

Thule Group's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 262,940 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2024, Thule Group is ahead of schedule on its value chain emissions reduction target, having achieved 25.78% of the planned reduction.

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

2019202420302050070 k140 k210 k280 kBaselineCurrent (-23%)Target 2050 (-90%)

Does Thule Group have a target to reduce its total carbon footprint?

As of 2024, Thule Group has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Thule Group's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 266,397 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 90% by 2050.

As of 2024, Thule Group is ahead of schedule on its total carbon footprint reduction target, having achieved 25.22% of the planned reduction.

Thule Group's Carbon Footprint (Scope 1+2+3) Emissions Pathway

201920242050070 k140 k210 k280 kBaselineCurrent (-23%)Target 2050 (-90%)
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