THOR Industries Expands Goals to Add Scope 3 Emissions - Smart Energy Decisions

Distributed Energy Resources, Energy Efficiency, GHG Emissions, Industrial  -  November 1, 2023

THOR Industries Expands Goals to Add Scope 3 Emissions

THOR Industries, Inc., an RV manufacturer, embarked on a comprehensive screening of its Scope 3 GHG emissions and expanded its energy intensity goals to include Scope 3 in becoming carbon net-neutral by 2050.

The company received approval from the Science Based Targets initiative (SBTi) validation team, confirming THOR's Scope 1 and 2 short-term targets and Scope 1, 2 and 3 long-term targets.

THOR also provided disclosures in accordance with the Task Force on Climate-Related Financial Disclosures (TCFD), the Sustainability Accounting Standards Board (SASB) metrics and the Global Reporting Initiative (GRI) Standards.

The company launched the Bürstner all-electric concept camper van in Europe, which can travel up to 197 miles per charge, in addition to announcing a partnership with Harbinger to offer an electrified RV lineup to include larger RVs like Class A motorhomes.

Additionally, THOR reinforced the work of the CDP by submitting its third annual Carbon & Climate questionnaire to provide more visibility and disclosure around its efforts to measure, manage, disclose and reduce GHG emissions and partnered with the RV Industry Association to create the first-ever RV Industry Sustainability Committee to share best practices and serve as an educational resource.

Details were published in THOR's sixth annual sustainability report, which includes the company's sustainability efforts for FY2023 across its global family of companies.

"Our sustainability journey is an integral and ongoing part of our culture, for which we are very proud," said Bob Martin, THOR President and CEO, in a statement. "We are proactively addressing environmental, social, and governance risk, and believe these ongoing sustainability efforts have a very positive impact on our business, consumers, team members, partners and the communities in which we live, work and play."

Keywords: THOR Industries

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