Thule Group AB is a Swedish company specializing in the design, manufacture, and marketing of innovative outdoor and transportation products. Founded in 1942 and headquartered in Malmö, it enables act... Thule Group AB is a Swedish company specializing in the design, manufacture, and marketing of innovative outdoor and transportation products. Founded in 1942 and headquartered in Malmö, it enables active families and outdoor enthusiasts to transport gear safely through offerings like roof racks, cargo carriers, bike racks, rooftop tents, strollers, child bike seats, travel bags, and pet products. The company operates manufacturing sites across Brazil, Germany, the United States, Belgium, the United Kingdom, Poland, and Sweden, distributing via over 26,000 stores in 138 markets worldwide. Thule Group AB's portfolio includes prominent brands such as Thule, Case Logic, SportRack, Chariot, Yepp, and Tepui, with recent expansions like the 2024 acquisition of Quad Lock for mobile phone attachments. Employing around 2,800 people, it serves automotive, outdoor, travel, and juvenile sectors, emphasizing safety, durability, and advanced technologies to enhance user experience in the global mobility market.
In 2024, 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.
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2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Turnover
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Total Taxonomy Eligible A Turnover
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Total Taxonomy Non-Eligible B Turnover
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5.1 CE - Repair, refurbishment and remanufacturing
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Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Opex
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Total Taxonomy Eligible A Opex
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Total Taxonomy Non-Eligible B Opex
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2.3 CE - Collection and transport of non-hazardous and hazardous waste
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3.1 CE - Construction of new buildings, 7.2 CCM/CCA - Renovation of existing buildings
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3.2 CE - Renovation of existing buildings, 7.2 CCM/CCA - Renovation of existing buildings
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7.2 CCM/CCA - Renovation of existing 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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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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Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Capex
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Total Taxonomy Eligible A Capex
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Total Taxonomy Non-Eligible B 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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b
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7.1 CCM/CCA - Construction of new buildings
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7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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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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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 (A1, A2, A, B, and A+B), 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 Annual Report 2024
b. Thule Group's Annual Report 2023
c. Thule Group's EU Taxonomy Report 2022
Insights into Thule Group's Revenues from Sustainable Activities
In 2024, Thule Group reported EU Taxonomy-eligible revenues of SEK 79.00 million, representing 0.8% of its total turnover. Of this amount, SEK 79.00 million of Thule Group's revenues was classified as EU Taxonomy-aligned, indicating that 0.8% 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
How much of Thule Group's revenue is eligible under the EU Taxonomy?
In 2024, Thule Group reported that SEK 79.00 million of its revenue was eligible under the EU Taxonomy, representing 0.8% of the company's total turnover. Of this amount, SEK 79.00 million (0.8% of total revenue) was classified as Taxonomy-aligned. This means that 0% of Thule Group's revenue is eligible but not aligned, indicating that these activities 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.a
How much of Thule Group's eligible revenue is aligned with the EU Taxonomy?
In 2024, Thule Group reported that SEK 79.00 million of its revenue was aligned under the EU Taxonomy, representing 0.8% of its total turnover.a
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
Thule Group's Eligibility & Alignment Overview
Thule Group's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Thule Group's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Thule Group reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0.8%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Thule Group earn from selling climate-related solutions ?
In 2024, Thule Group reported that SEK 0 of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 0% of the company's total revenue,indicating that Thule Grouphas limited exposureon solutions that support climate action through its commercial activities.a
Insights into Thule Group's CAPEX from Sustainable Activities
In 2024, Thule Group reported EU Taxonomy-eligible CAPEX of SEK 29.98 million,representing 8.26% of its total CAPEX. Of this amount, SEK 29.82 million of Thule Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 8.21% 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 Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 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 58.95%,indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.a, c
Compared to the previous year (2023), Thule Group's taxonomy-aligned CAPEX increased by 36.83%,highlighting Thule Group's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.a, b
How much of Thule Group's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Thule Group reported that SEK 29.98 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 8.26% of the company's total CAPEX. Of this amount, SEK 29.82 million (8.21% of total CAPEX) was classified as Taxonomy-aligned. This means that 0.04% 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 2024, Thule Group reported that SEK 29.82 million of its CAPEX was aligned under the EU Taxonomy, representing 8.21% 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 A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is Thule Group's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Thule Group reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 8.19%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0.02%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much Thule Group is investing in climate-related solutions?
In 2024, Thule Group allocated SEK 29.73 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 8.19% 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 2024, Thule Group reported EU Taxonomy-eligible OPEX of SEK 10.24 million,representing 7.77% of its total operating expenses (OPEX). Of this amount, SEK 10.22 million of Thule Group's OPEX was classified as EU Taxonomy-aligned, indicating that 7.75% 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 Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have Thule Group's increased its spending in sustainable activities over time?
Since 2022, Thule Group's taxonomy-aligned operating expenditure (OPEX)increased by 158.33%,pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.a, c
Compared to the previous year (2023), Thule Group's taxonomy-aligned OPEX increased by 198.08%,highlighting Thule Group's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.a, b
How much of Thule Group's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Thule Group reported that SEK 10.24 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 7.77% of the company's total OPEX. Of this amount, SEK 10.22 million (7.75% of total OPEX) was classified as Taxonomy-aligned. This means that 0.01% of Thule Group's OPEX is eligible but not aligned, indicating that these expenditures 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 OPEX is aligned with the EU Taxonomy?
In 2024, Thule Group reported that SEK 10.22 million of its OPEX was aligned under the EU Taxonomy, representing 7.75% of its total operational expenditure.a
This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.
Thule Group's Eligibility & Alignment Overview
Thule Group's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is Thule Group's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Thule Group reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 3.39%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 4.36%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much of Thule Group's operational budget supports climate-related solutions?
In 2024, Thule Group allocated SEK 4.47 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 3.39% of the company's total OPEX,indicating that Thule Grouphas only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.a
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