Thule Group recognized as a global sustainability leader by Sustainalytics

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Thule Group has been named one of the top 50 most sustainable companies worldwide in Sustainalytics’ 2025 ESG Top-Rated Companies List. Ranking 1st in the Consumer Durables category out of 208 companies and 50th globally out of 15,111, Thule Group has demonstrated industry-leading environmental, social, and governance (ESG) performance. With an ESG Risk Rating of 7.1, categorized as “Negligible Risk”, Thule Group is among the most responsibly managed companies in the world.

A global leader in sustainable innovation 
Sustainalytics, a leading provider of ESG research, ratings, and analytics, evaluates companies based on how effectively they manage ESG risks. The top-tier ranking of Thule Group reflects its dedication to reducing environmental impact, maintaining strong ethical business practices, and embedding sustainability into its operations. 

"Being recognized as a global ESG leader is a great honor and reinforces our long-standing commitment to sustainability," says Mattias Ankarberg, CEO and President at Thule Group. "Sustainability is an integral part of our business strategy, guiding how we design our products, operate our facilities, and engage with our communities. This recognition is a testament to our continuous efforts to make a meaningful impact." 
 
Sustainability at the core of Thule Group 
Thule Group has a long history of developing products that enable outdoor activities while minimizing environmental impact. Sustainability is integrated across all aspects of the company, from responsible material sourcing and energy-efficient production to designing durable products with extended lifecycles. 

Key sustainability initiatives at Thule Group include: 
• Eco-conscious product design – prioritizing durability, repairability, and recyclable materials 
• Energy-efficient production – using 100% renewable electricity at all production sites 
• Reduced carbon footprint – continuous optimization of logistics, packaging, and materials to lower emissions 
• Responsible business practices – strong governance and commitment to ethical labor standards throughout the supply chain 

Thule Group’s inclusion in Sustainalytics’ ESG Top 50 reflects its ongoing dedication to developing smart, sustainable solutions for people who live an active life. 

For more information, visit www.thulegroup.com. 

About Sustainalytics 
Sustainalytics, a Morningstar Company, is a leading independent provider of ESG and corporate governance research, ratings, and analytics. The company works with hundreds of the world’s largest investors, asset managers, and corporations to help integrate sustainability into investment and business strategies. Sustainalytics' ESG Risk Ratings assess companies based on their exposure to material ESG risks and how well they are managed.  For more information, visit www.sustainalytics.com. 

Contact

Catharina Paulcén 
SVP Corporate Communications and Investor Relations 
Phone:+46 73 665 45 74 
Email: Catharina.Paulcen@thule.com  

About Thule Group
Thule Group is a global sports and outdoor company. We offer high-quality products with smart features and a sustainable design that make it easy for people across the globe to live an active life. Under the motto Active Life, Simplified — and with a focus on consumer-driven innovation and long-term sustainability — we develop, manufacture and market products within the product categories Sport&Cargo Carriers (roof racks, roof boxes and carriers for transporting cycling, water and winter sports equipment, and rooftop tents mounted on a car), Juvenile & Pet Products (car seats, strollers, bike trailers, child bike seats and dog transport), RV Products (awnings, bike carriers and tents for RVs and caravans) and Packs, Bags & Luggage  (hiking backpacks, luggage and camera bags).
Thule Group has about 2,800 employees at nine production facilities and 35 sales offices worldwide. The Group’s products are sold in 138 markets and in 2023, sales amounted to SEK 9.1 billion.
www.thulegroup.com

Attachments
Thule Sustainability Press Release ENG 1

Thule Sustainability Press Release ENG 1
Lovisa Steen
Communications advisor, sustainability communications
070 550 59 28
lovisa@vero.se

For me, communication is ultimately about relationships – and about shaping messages so they truly resonate with the receiver. As an advisor within both investor relations and sustainability communications, I strongly believe that long-term value creation and sustainability go hand in hand, and that how you communicate can make a real difference in building trust and engagement. I thrive in close collaborations where strategies are shaped through dialogue. In my work, I support companies across industries and stages of development, navigating both planned milestones and unforeseen events. Prior to Vero, I worked in audit at EY, primarily with listed companies. That experience allows me to combine a trained eye for numbers with the ability to translate complex facts into strategic, trust-building communication.

I joined Vero in January 2026 and hold a Bachelor’s degree in Business Administration, with focus on International Business and Marketing, from Uppsala University.

Maria Montgomery
Project manager
+46 707 57 84 85
maria@vero.se
When many things happen at once, strategic communication truly makes a difference – both internally and externally. As project manager and advisor at Vero, I work closely with clients and teams in complex, time-sensitive situations as well as in long-term engagements.

I lead assignments within crisis communications and M&A, and I am always ready to step in operationally with responsibility for communications when needed.

I joined Vero in 2021. Previously, I worked as Communications Strategist at the City of Stockholm. I hold a degree in Strategic Communication from Lund University and have completed advanced project management training at Berghs School of Communication.
"What you water, will grow."

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