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Thule Group

thulegroup.com 2.6

Explore carbon emissions data for Thule Group. Mycelium helps you review reported emissions, disclosure status, Scope 1, Scope 2 and Scope 3 data, climate targets and sustainability information in one company profile.

This profile brings together available carbon emissions data for Thule Group, including reported figures, modelled estimates, disclosure documents and sustainability indicators, so you can review its emissions and compare its performance against similar companies. Read how we source and check this data.

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Emissions

Carbon emissions

Structured data JSON-LD, Open Corporate Carbon Footprint Data Model Spreadsheet CSV

Open Corporate Carbon Footprint Data Model, by the Carbon Accounting Alliance with Murmurate Digital, Mycelium and Roundarc.

Total yearly emissions across all scopes

335,276 tCO2e (Market Based)

Scope 1

tCO2e

3,845

Scope 2 (Market Based)

tCO2e

136

Scope 3 total

tCO2e

331,295

Scope 3 reported

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view full emissions profile

Provenance

Review the sources and documents behind Thule Group's emissions data. Provenance matters because it shows where the information comes from, how recent it is and how complete the disclosure appears to be.

Documents

Carbon accountant

Emissions
Factors

Modelled emission factor Total, all scopes including all Scope 3
398,901 kgCO2e / £M

Supplier specific emission factors (kgCO2e / £M)

Modelled
Reported
Scope 1 + 2 Direct + purchased energy
4,736
4,736
Upstream + upstream Scope 3
240,317
233,516
Total + all Scope 3
398,901
244,989

Which figure should I use?

Use Modelled. It is the most complete view: any categories the company hasn't disclosed are filled with industry-typical estimates, so a transparent company isn't unfairly penalised against one that simply hasn't reported.

Reported counts only emissions the company has filed itself. A blank or low Reported cell doesn't mean those emissions don't exist, just that the company hasn't disclosed them.

When Reported sits close to Modelled, that is a positive signal. The company has disclosed most of its salient emissions and there's little gap for the model to fill. Even then, Modelled is the right figure to use for a like-for-like comparison across companies.

Sustainability
Snapshot

Based on reported data, retrieved with AI

  • Thule Group reported 335,276 tCO₂e in 2024.
  • Scope 3 accounted for 99% of emissions.
  • Reported across 7 of 15 GHG Protocol Scope 3 categories.
  • Scope 2 reported under the market based methodology.

According to available emissions disclosures, Thule Group reported total yearly emissions of 335,276 tCO₂e in 2024. Scope 3 emissions accounted for 99% of reported output, indicating supply chain activity, purchased goods and services, business travel, and wider operational dependencies were the most significant contributors to the company's carbon footprint.

The company achieved a Mycelium Score of 2.6, placing it below average for its sector for sustainability performance, and received a transparency score of 47.9, pointing to fairly limited disclosure, with notable gaps in key areas.

Total Emissions across all scopes

335,276 tCO2e (Market Based)

Scope 1 emissions

Direct emissions from sources the company owns or controls, such as fuel use, facilities and vehicles.

Direct emissions

3,845

tCO2e

Scope 2 emissions

Indirect emissions from purchased energy, including electricity, heating and cooling.

Location based

5,327

tCO2e

Market based

136

tCO2e

Scope 3 emissions

Wider value chain emissions across the 15 GHG Protocol categories, from purchased goods and business travel to investments, where reported.

Cat 1

Purchased goods & services

163,643

tCO2e

Cat 2

Capital goods

16,740

tCO2e

Cat 3

Fuel & energy related activities

1,967

tCO2e

Cat 4

Upstream transportation & distribution

5,287

tCO2e

Cat 5

Waste generated in operations

219

tCO2e

Cat 6

Business travel

4,433

tCO2e
ESTIMATED

Cat 7

Employee commuting

2,858

tCO2e
ESTIMATED

Cat 8

Upstream leased assets

2,858

tCO2e

Cat 9

Downstream transportation & distribution

9,643

tCO2e
ESTIMATED

Cat 10

Processing of sold products

2,858

tCO2e
ESTIMATED

Cat 11

Use of sold products

109,356

tCO2e
ESTIMATED

Cat 12

End-of-life treatment of sold products

2,858

tCO2e
ESTIMATED

Cat 13

Downstream leased assets

2,858

tCO2e
ESTIMATED

Cat 14

Franchises

2,858

tCO2e
ESTIMATED

Cat 15

Investments

2,858

tCO2e

8 values were derived via Mycelium's normalisation process rather than reported by the company. Cells marked “–” were not disclosed.

Structured data JSON-LD, Open Corporate Carbon Footprint Data Model Spreadsheet CSV

Open Corporate Carbon Footprint Data Model, by the Carbon Accounting Alliance with Murmurate Digital, Mycelium and Roundarc.

Climate targets

Science Based Targets initiative

Near-term target

Targets set (1.5°C), target year 2030

Long-term target

Targets set, target year 2050

Net zero

Targets set, by 2050

Source: Science Based Targets initiative, Companies Taking Action.

Contact Info

Address

Prästgatan 64
211 33

Country

Sweden

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How scoring works

How the Mycelium Score is calculated

The Mycelium Score is out of 10. Up to 6.5 points reflect carbon intensity vs sector peers (emissions normalised against revenue). The remaining 3.5 reflect data quality: third-party verified, profile claimed by the company, and full disclosure across all reporting categories.

A higher score means lower carbon intensity than sector peers, backed by data that's third-party verified, claimed by the company, and fully disclosed. Thule Group's score sits at the top of this page and in the score panel.

How the Transparency Score is calculated

The Transparency Score measures how much of a company's key emissions data is publicly disclosed, graded from A (very high) down to F (very low). Crucially, it weights each gap by how material that bucket is for the company's industry, so an undisclosed category where the bulk of emissions sit hurts far more than a minor one.

For Thule Group, the single biggest gap is Use of sold products (Scope 3 Category 11). Mycelium estimates it accounts for around 33% of the company's total footprint, typically the largest source of emissions for a Manufacturing company, yet it hasn't been disclosed. Leaving a bucket this large unreported is what's holding the transparency score down.

In total, roughly 33% of Thule Group's estimated emissions sit in categories it hasn't reported. Disclosing these would be the fastest way to raise the transparency score.

Cover of Mycelium's scoring methodology white paper Read the full scoring methodology Our white paper covers exactly how the Mycelium Score and Transparency Score are calculated, including the normalisation process and what earns a 10/10. Download the white paper (PDF)

Thule Group carbon emissions FAQs

What are Thule Group's carbon emissions?

In its 2024 reporting year, Thule Group disclosed total emissions of 335,276 tCO2e across all scopes. Scope 3 accounted for the largest share, around 99% of the total.

Does Thule Group report Scope 1, Scope 2 and Scope 3 emissions?

For 2024, Thule Group's available disclosure covers Scope 1 (3,845 tCO2e), Scope 2 (136 tCO2e), Scope 3 across 7 of the 15 GHG Protocol categories. Figures not reported by the company are shown as modelled estimates and labelled as such.

How transparent is Thule Group's emissions reporting?

Thule Group has a Mycelium transparency score of 47.9 out of 100. The score weights each emissions category by how material it is for the company's industry, so it reflects whether the disclosures that matter most have been made.

Is Thule Group sustainable?

Mycelium measures sustainability through carbon emissions data rather than giving a yes or no verdict. Thule Group has a Mycelium Score of 2.6 out of 10, which reflects its emissions intensity against sector peers together with how transparent and well-verified its reporting is. The emissions figures, disclosure documents and climate targets on this page give the fuller picture.

Is Thule Group environmentally friendly?

Carbon emissions are one measurable part of environmental impact, and the part Mycelium tracks. Thule Group disclosed 335,276 tCO2e for 2024, and its Mycelium Score of 2.6 out of 10 shows how that performance compares with similar companies in its sector.

Learn more about our methodology and where this data comes from.