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 58 is higher than 99% 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 2023, Thule Group reported total greenhouse gas emissions of approximately 173,319,000 kg CO2e, with emissions distributed across various scopes: 3,173,000 kg CO2e from Scope 1, 215,000 kg CO2e from Scope 2, and 169,931,000 kg CO2e from Scope 3. This reflects a commitment to transparency in their emissions reporting, covering all three scopes. Thule has set ambitious reduction targets, aiming for a 46.2% absolute reduction in Scope 1 emissions by 2030, using 2019 as the baseline year. Additionally, they plan to increase their sourcing of renewable electricity from 95% in 2019 to 100% by 2030. For Scope 3 emissions, which include those from purchased goods and services as well as transportation, Thule aims for a 28% reduction by 2030. Long-term, Thule Group is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050. This includes a significant target of reducing absolute Scope 1 and 2 emissions by 90% and Scope 3 emissions by 90% by the same year. Thule's climate commitments align with industry standards and reflect a proactive approach to addressing climate change, demonstrating their dedication to sustainability and responsible business practices.
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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 | 5,831,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 00,000 | 00,000 | 000,000 | 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.
