Thor Industries

Thor Industries: Carbon Emissions and Climate Commitments

For the fiscal year 2025, Thor Industries reported total greenhouse gas emissions of approximately 3.88 trillion kg CO2e. This includes:

• Scope 1 emissions: Approximately 49.23 million kg CO2e.
• Scope 2 emissions (market-based): Approximately 37.05 million kg CO2e.
• Scope 3 emissions: Approximately 3.79 trillion kg CO2e, with the largest contributors being "use of sold products" (about 1.91 trillion kg CO2e) and "purchased goods and services" (about 1.05 trillion kg CO2e).

In fiscal year 2024, total emissions were approximately 4.29 trillion kg CO2e, with Scope 1 at about 49.24 million kg CO2e and Scope 2 (market-based) at approximately 39.69 million kg CO2e. Scope 3 emissions for 2024 were around 4.20 trillion kg CO2e.

Climate Commitments and Targets:

Thor Industries is committed to significant emissions reductions. Key climate targets include:

• Achieving net-zero greenhouse gas emissions across the value chain by fiscal year 2050.
• A near-term target to reduce absolute Scope 1 and Scope 2 emissions by 50% by fiscal year 2030, using fiscal year 2019 as a baseline.
• A near-term target to reduce absolute Scope 3 emissions from purchased goods and services and use of sold products by 25% by fiscal year 2030, from a fiscal year 2022 baseline.
• A long-term target to reduce absolute Scope 1 and Scope 2 emissions by 90% by fiscal year 2050, from a fiscal year 2019 baseline.
• A long-term target to reduce absolute Scope 3 emissions from purchased goods and services, upstream transportation, and use of sold products by 90% by fiscal year 2050, from a fiscal year 2022 baseline.

These targets have been validated by the Science Based Targets initiative (SBTi) and are considered consistent with a 1.5°C warming pathway. The company's stated goals are focused on these net-zero commitments.