Thule Group

Leisure Products

THULE.ST

SEK 286 1.4

Share price

$ 2.7 bn

Market Cap

$ 3 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.04x the weighted average for S&P 500

FY2021

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Thule Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 3.7 Kt (+1/+38% y-o-y). Carbon intensity also remained unchnaged at 3 t.

Thule Group's Scope 3 emissions increased to 32 Kt (+1.3/+4.3% y-o-y). The growth rate declined vs. the previous periods (CAGR +10% since 4Q'16).

The company is committed to reducing Scope 3 by 28% by 2030 from a base year 2019, which translates into the estimated reduction of -1.6 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	3.7	3.6	0.06	32	1,213	3
2020Q4	2.7	2.6	0.07	30	886	3
2019Q4	3.5	3.2	0.27	24	754	4.6
2018Q4	3.7	3.4	0.29	26	750	4.9
2017Q4	4.5	3.3	1.4	21	688	6.5
2016Q4	5.9	4.5	1.4	18	622	9.5

Thule Group

Carbon footprint

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

GHG emissions and Carbon intensity

Thule Group's carbon footprint

Company environmental metrics