Thule
Thule Group, commonly known as Thule, is a leading Swedish company headquartered in Malmö, Sweden (SE). Founded in 1942, Thule has established itself as a prominent player in the outdoor and transportation industry, specialising in products that enhance outdoor experiences. The company operates globally, with significant markets in Europe, North America, and Asia. Thule's core offerings include roof racks, bike carriers, and outdoor gear, all designed with a focus on safety, durability, and ease of use. Their innovative designs and commitment to quality have earned them a strong market position, making them a trusted choice for outdoor enthusiasts. Notable achievements include numerous design awards and a reputation for excellence in functionality and style, solidifying Thule's status as a leader in the outdoor equipment sector.
DitchCarbon Score
How does Thule's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Land Transportation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Thule's score of 60 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Thule's reported carbon emissions
In 2024, Thule Group AB reported total greenhouse gas emissions of approximately 205,914,000 kg CO2e. This includes Scope 1 emissions of about 3,845,000 kg CO2e, Scope 2 emissions of approximately 5,367,000 kg CO2e (location-based), and significant Scope 3 emissions totalling around 201,932,000 kg CO2e. The Scope 3 emissions breakdown includes capital goods (16,740,000 kg CO2e), business travel (4,433,000 kg CO2e), and purchased goods and services (163,643,000 kg CO2e). In 2023, Thule's total emissions were about 173,319,000 kg CO2e, with Scope 1 at 3,173,000 kg CO2e, Scope 2 at approximately 5,192,000 kg CO2e (location-based), and Scope 3 emissions at around 169,931,000 kg CO2e. This indicates a rise in total emissions from 2023 to 2024. Thule Group has set ambitious climate commitments, aiming for a 46.2% reduction in absolute Scope 1 emissions by 2030 from a 2019 base year. Additionally, they target a 90% reduction in both Scope 1 and Scope 2 emissions by 2050. For Scope 3 emissions, Thule aims for a 28% reduction by 2030 and a 90% reduction by 2050. The company is also committed to sourcing 100% renewable electricity by 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Thule's commitment to achieving net-zero greenhouse gas emissions across its value chain by 2050. The data reported is sourced directly from Thule Group AB (publ) and is not cascaded from any parent organization.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 5,299,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | - | - | 000,000 | 00,000 | 00,000 | 00,000 | 000,000 | 000,000 |
| Scope 3 | 19,771,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Thule is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
