Thule

Thule, headquartered in Sweden, reported total carbon emissions of approximately 273,452,000 kg CO2e in 2025. This includes about 3,350,000 kg CO2e from Scope 1 emissions, 124,000 kg CO2e from Scope 2 market-based emissions, and 269,978,000 kg CO2e from Scope 3 emissions. In 2024, their total emissions were approximately 281,017,000 kg CO2e.

Thule has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi). The company commits to achieving net-zero GHG emissions across its value chain by 2050 from a 2019 base year.

For near-term targets, Thule aims to reduce absolute Scope 1 GHG emissions by 46.2% by 2030 from a 2019 base year. They also commit to actively sourcing 100% renewable electricity annually through 2030. Furthermore, Thule will reduce absolute Scope 3 GHG emissions, covering purchased goods and services, upstream transportation and distribution, and downstream transportation and distribution, by 28% by 2030 from a 2019 base year.

Their long-term targets include a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2050 from a 2019 base year. Thule also commits to a 90% reduction in absolute Scope 3 GHG emissions within the same timeframe.

Historically, Thule had a goal to reduce greenhouse gas emissions at their plants by 65% (compared to a 2014 base year) by no later than 2020 for both Scope 1 and Scope 2 emissions.