Thule Group set Paris Agreement style climate targets for its business

The Thule Group has announced that it will align with Science Based Targets for its business operations, committing to a reduction of its greenhouse gas emissions.

Now to be monitored by external auditors, the business follows numerous other big business names to pledge such reductions in environmental impact within the company and reaching in to its supply network.

Science Based Targets is based on a collaboration between CDP, the UN Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). An overall goal is also to, with a scientific goal, by 2020 create an international reporting standard that facilitates follow-up and comparison between companies and industries.

“With the signing of Science Based Targets, we do not just set ambitious goals for this part of our sustainability work. We are also part of a context that effectively and scientifically evaluates the results of our measures,” says Kajsa von Geijer, SVP HR and Sustainability at Thule Group. “Through the signing, we will also fully include our suppliers in our own sustainability work. In other words, we are taking a clear further step in our ambition to contribute to a sustainable and responsible development from a social, environmental as well as economic perspective.”

Elsewhere in the bike industry climate targets are being put forward with increasing pace. Within CyclingIndustry.News’ own study of the retail market, bike shops now place sustainable packaging in supply as a key desire from suppliers, falling only behind the hope for increased margins.

Scotland’s Endura, aside from assessing its own supply chain’s impact and shooting for a carbon neutral approach to manufacturing, has also funded the planting of over 600,000 trees. Likewise, Reid Bikes is doing its bit to meet climate targets by planting a tree for every bike sold globally.