Thule Group continue to scores AAA on the MSCI ESG Rating Index
Thule Group has been assessed by the MSCI with the highest score in its category for five consecutive years, marking a significant milestone in the company’s commitment to environmental, social, and governance (ESG) principles.
MSCI is a leading provider of critical decision support tools and services for the global investment community, enabling their clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios
Thule Group was rated based on a standard Leisure Products Industry ESG Rating Model version. We maintained our industry-leading management practices across the key issues assessed for the industry, including Packaging Material & Waste, Chemical Safety, Supply Chain Labor Standards, Product Safety & Quality, Corporate Governance, and Corporate Behavior.
MSCI report highlighted Thule Group's corporate governance practices, the company's collaboration with the Science Based Targets initiative (SBTi), and our commitment to achieve net zero emissions by 2050. Additionally, the MSCI recognized our internal and external audits to monitor suppliers’ adherence to internationally recognized labor principles and take corrective action in case of violations. The company's manufacturing, assembly, and distribution centers are certified by the ISO 9001 standard. Also, we conduct product testing at our global development and testing facility. Moreover, the company’s robust business ethics practices supported by board-level oversight and a comprehensive anti-corruption policy.
More to read about Thule Groups work in the Sustainability area
