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 Waste Data Preview

In 2023, Thule Group conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Thule Group's Waste Treatment Practices

In 2023, Thule Group generated a total of 7,690 metric tonnes of waste.

Of this amount, 99.12% of Thule Group's total waste generated was recovered through methods such as recycling, reuse, or composting, while 0.88% was disposed of through landfilling, incineration, or combustion.

Thule Group's Waste Recovery Rate

99%

How much of Thule Group's waste is recycled or recovered?

In 2023, Thule Group reported a total waste generation of 7,690 metric tonnes, of which 99.12% was recovered through recycling, reuse, or composting. This high recovery rate suggests that Thule Group has implemented strong circular economy practices and actively prioritizes sustainable waste management.

Has Thule Group reduced its environmental waste footprint over time?

Since 2019, Thule Group's total waste generation increased by 3.47%, but declined by 16.68% in the year 2023, suggesting a potential shift toward more efficient material use or the early impact of waste reduction strategies.

Over the same period, Thule Group's waste recovery rate increased by 5.73%, while holding steady in 2023, suggesting past gains in recovery performance have stabilized.

Overall, Thule Group’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.

Thule Group’s Waste Recovery vs. Disposal Over Time

2019202020212022202303 k6 k9 k12 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Thule Group’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Thule Group generated a total of 7,690 metric tonnes of waste.

Of this amount, 14.64% of Thule Group's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 85.36% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Thule Group’s Hazardous vs Non-Hazardous Waste Over Time

2019202020212022202303 k6 k9 k12 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Thule Group reduced the environmental impact of its waste?

Since 2019, Thule Group's total waste generation increased by 3.47%, including a 16.68% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.

Over the same period, the share of hazardous waste in Thule Group's total output increased by 355.32%, including a further 138.78% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.

Overall, while Thule Group has recently reduced waste output, its hazardous waste share continues to rise, raising concerns about treatment efficiency or growing reliance on harmful materials despite short-term volume improvements.

How does Thule Group treat its hazardous waste?

In 2023, Thule Group reported that 1,126 metric tonnes of its total waste output were classified as hazardous. This represents 14.64% of its overall waste generation.

The company treated this hazardous waste using a combination of methods. A majority (99.29%) was diverted from disposal through recovery-oriented treatments such as recycling or reuse. This suggests that Thule Group has established processes to reduce the environmental burden of its most harmful waste streams.

Breakdown of Thule Group's Hazardous and Non-Hazardous Waste by Treatment Method

Hazardous WasteRecovered(14.5%)Non-Hazardous WasteRecovered(84.6%)
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