Long-term sustainability ambitions
A key part of Thule Group’s sustainability efforts is focused on the environment and we are committed to reducing our overall impact on the environment, especially in terms of greenhouse gas emissions, from all stages in our value chain, i.e. from the design of our products, through the manufacturing and distribution process, and ultimate use and disposal of our products by end-users.
We have set ambitious goals to minimize our environmental footprint by reducing greenhouse gas emissions, decreasing waste and limiting water and energy use at our facilities. We believe it is important for continuous improvements to set such environmental targets and monitor activities in the environmental focus areas.
To achieve and commit to these ambitions we are convinced that we need to join forces with our key suppliers in common goals to reduce the environmental footprint of our products.
Thule Group and the Science Based Targets initiative and Net-zero targets
Thule Group has committed to 2030 greenhouse gas emission reduction targets aligned with the Science Based Targets initiative and the Paris Climate Agreement. These targets cover Scope 1, 2, and 3 emissions. Therefore, Thule Group will begin engaging strategic suppliers in 2021 and collect annual greenhouse gas emission data to support our work to reduce our Scope 3 greenhouse gas emissions.
Our overall commitments going forward towards Science Based Targets Initiatives are:
| Scope 1 | 46% reduction, in absolute numbers, of greenhouse gases from our production sites, compared with the base year 2019. |
|---|---|
| Scope 2 | 100% renewable electricity at our own manufacturing sites and offices. |
| Scope 3 | An absolute reduction of greenhouse gases by 28% related to purchased materials and upstream and downstream logistics, compared with the base year 2019. |
We are in the phase of breaking down these overall commitments into measurable part goals that will contintously be updated and reported on.
Net-zero targets
Building upon the 2030 commitments, the Thule Group has sought approval from Science Based Targets initiative (SBTi) for its Net-zero targets. This means that by 2050, the Thule Group commits to reduce its overall emissions by at least 90% and to neutralise any residual emissions that are not possible to eliminate.
Additional focus areas
In addition to the environmentally focused sustainability targets related to SBTi, Thule Group has additional long-term sustainability targets linked to water consumption, targeted recycling rates, use of Prohibited and Ristricted substances, health and safety, in our own facilities as well as in our suppliers, CSR-audits on suppliers site: We also focus on a number of social targets such as gender equality, equal opportunity workplace, the anti slavery act , human traffacing, anti-corruption, fair business ethics and Business Partner Due Diligience.
We are also committed to support human rights and to lead the world towards a peaceful and sustainable path through our participation in UN Global Compact and the Sustainable Development Goals 2030. In our daily actions we like to believe that we contribute to better conditions not only for our own employees but also at suppliers and in the communites they are close to.
You can find more information about each area in the menu to the left.