Thule Group

Leisure Products
SEK 282 (4.2)%
Share price
$ 2.9 bn
Market Cap
$ 3.2 bn
Enterprise Value

Carbon footprint

1.1 Ton
GHG emissions per $ 1 mln investment
0.03x the weighted average for S&P 500
How is this calculated?
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2021 vs. previous year

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's GHG emissions (market-based) (Kt of CO2e)
Thule Group's Carbon intensity (Tons per 1 USDm)

Thule Group's carbon footprint

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.

Company environmental metrics

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