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 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 leader with brands offering cargo carriers, roof racks, bike racks, roof boxes, strollers, backpacks, luggage, rooftop tents, and accessories for active lifestyles. The portfolio includes prominent brands like Thule, Case Logic for electronics bags, Chariot carriers, Yepp child bike seats, SportRack, and Tepui rooftop tents, recently expanded by the 2024 acquisition of Australian Quad Lock for mobile phone attachments. Thule Group AB serves consumers in outdoor activities such as biking, camping, skiing, water sports, and travel, with products sold through 4,700 points of sale across 136 countries. Headquartered in Malmö, the company employs around 2,800 people and focuses on innovation, durability, safety, and sustainability, including sponsorships for disabled children and donations to migrant programs. Its diverse sales come from regions like the USA, Germany, other Europe, and Asia-Pacific, emphasizing premium quality in the automotive accessories and consumer cyclicals sectors.
In 2025, Thule Group was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Thule Group has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Thule Group are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned Turnover
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Total Taxonomy Eligible Turnover
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5.1 CE - Repair, refurbishment and remanufacturing
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0000000
Metric
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned Opex
0000000
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c
0000000
Total Taxonomy Eligible Opex
0000000
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2.3 CE - Collection and transport of non-hazardous and hazardous waste
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0000000
3.1 CE - Construction of new buildings, 7.2 CCM/CCA - Renovation of existing buildings
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b
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0000000
3.2 CE - Renovation of existing buildings, 7.2 CCM/CCA - Renovation of existing buildings
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c
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7.2 CCM/CCA - Renovation of existing buildings
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7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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b
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c
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7.4 CCM/CCA - Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings)
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7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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0000000
Metric
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned Capex
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0000000
Total Taxonomy Eligible Capex
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2.2 CE - Production of alternative water resources for purposes other than human consumption
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3.1 CE - Construction of new buildings, 7.1 CCM/CCA - Construction of new buildings
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3.2 CE - Renovation of existing buildings, 7.2 CCM/CCA - Renovation of existing buildings
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c
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7.1 CCM/CCA - Construction of new buildings
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c
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7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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b
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c
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7.4 CCM/CCA - Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings)
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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7.7 CCM/CCA - Acquisition and ownership of buildings
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Limited Data Preview
You are viewing a limited preview of Thule Group’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories, at both aggregate and activity level, with historical coverage back to 2022.
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Verified Sources Behind Thule Group’s EU Taxonomy Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Thule Group’s data sources below and access millions more through our Disclosure Search.
a. Thule Group's Integrated Report 2025
b. Thule Group's Annual Report 2024
c. Thule Group's Annual Report 2023
d. Thule Group's EU Taxonomy Report 2022
Insights into Thule Group's Revenues from Sustainable Activities
In 2025, Thule Group reported EU Taxonomy-eligible revenues of SEK 0, representing 0% of its total turnover. Of this amount, SEK 0 of Thule Group's revenues was classified as EU Taxonomy-aligned, indicating that 0% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Thule Group's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Eligible Turnover
Total Taxonomy Aligned Turnover
Have Thule Group's revenues become more sustainable over time?
Compared to the previous year (2024), Thule Group's taxonomy-aligned revenues decreased by 100%, suggesting that Thule Group may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.a, b
Insights into Thule Group's CAPEX from Sustainable Activities
In 2025, Thule Group reported EU Taxonomy-eligible CAPEX of SEK 406.03 million,representing 75.4% of its total CAPEX. Of this amount, SEK 41.30 million of Thule Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 7.7% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Thule Group's Taxonomy-Eligible Capex Over Time
Total Taxonomy Eligible Capex
Total Taxonomy Aligned Capex
Have Thule Group's increased its investment in sustainable activities over time?
Since 2022, Thule Group's taxonomy-aligned capital expenditure (CAPEX)decreased by 61.5%,indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.a, d
Compared to the previous year (2024), Thule Group's taxonomy-aligned CAPEX decreased by 6.21%,suggesting that Thule Group may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.a, b
How much of Thule Group's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2025, Thule Group reported that SEK 406.03 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 75.4% of the company's total CAPEX. Of this amount, SEK 41.30 million (7.7% of total CAPEX) was classified as Taxonomy-aligned. This means that 67.7% of Thule Group's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Thule Group's eligible CAPEX is aligned with the EU Taxonomy?
In 2025, Thule Group reported that SEK 41.30 million of its CAPEX was aligned under the EU Taxonomy, representing 7.7% of its total capital investment.a
This low alignment reflects that Thule Group is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Thule Group's Eligibility & Alignment Overview
Thule Group's Contribution to Environmental Objectives
Total Taxonomy Aligned Capex
How is Thule Group's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2025, Thule Group reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 7.7%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much Thule Group is investing in climate-related solutions?
In 2025, Thule Group allocated SEK 41.46 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 7.7% of the company's total capital expenditure,indicating that Thule Grouphas only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.a
Insights into Thule Group's OPEX from Sustainable Activities
In 2025, Thule Group reported EU Taxonomy-eligible OPEX of SEK 45.34 million,representing 66.1% of its total operating expenses (OPEX). Of this amount, SEK 0 of Thule Group's OPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Thule Group's Taxonomy-Eligible Opex Over Time
Total Taxonomy Eligible Opex
Total Taxonomy Aligned Opex
Have Thule Group's increased its spending in sustainable activities over time?
Since 2022, Thule Group's taxonomy-aligned operating expenditure (OPEX)decreased by 100%,indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.a, d
Compared to the previous year (2024), Thule Group's taxonomy-aligned OPEX decreased by 100%, suggesting that Thule Group may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.a, b
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