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 reported total greenhouse gas emissions of approximately 205,914,000 kg CO2e. This includes 3,845,000 kg CO2e from Scope 1 emissions, 136,000 kg CO2e from Scope 2 (market-based), and a significant 201,932,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by purchased goods and services, which account for about 163,643,000 kg CO2e. Thule Group has set ambitious climate commitments, aiming for a 46.2% reduction in absolute Scope 1 emissions by 2030, using 2019 as the base year. Additionally, they plan to achieve a 28% reduction in absolute Scope 3 emissions by the same year. The company is also committed to sourcing 100% renewable electricity annually through 2030. Long-term goals include a 90% reduction in both Scope 1 and Scope 2 emissions by 2050, alongside a similar 90% reduction in Scope 3 emissions. Thule Group has committed to reaching net-zero greenhouse gas emissions across its value chain by 2050, aligning with the Science Based Targets initiative (SBTi) standards. These targets reflect Thule Group's proactive approach to addressing climate change and reducing its carbon footprint, with a focus on sustainable practices across its operations.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,185,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 272,000 | 00,000 | 00,000 | 00,000 | 000,000 | 000,000 |
| Scope 3 | 262,940,000 | 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.
