Thor commits to combat greenhouse gas emissions
ELKHART, Ind. (Inside INdiana Business) Elkhart-based Thor Industries Inc. (NYSE: THO) says it is committing to reducing its greenhouse gas emissions to combat climate change. The RV manufacturer has signed the United Nations Global Compact Business Ambition for 1.5°C Commitment and pledged to reach net-zero greenhouse gas emissions targets by 2050.
The UN’s campaign is an effort to encourage companies to set emissions reduction targets consistent with keeping global warming to 1.5°C above pre-industrial levels. THOR says it will develop and publish a plan within two years detailing the specific actions it will be taking to achieve net-zero emissions.
“Signing the Business Ambition for 1.5°C Commitment is the first critical step to ensure responsible and sustainable global operations across the THOR family of companies,” said Bob Martin, THOR president. “Our mission is to connect people with the outdoors, and families with each other. Our efforts to become greenhouse gas net-neutral will play an important role in making sure the outdoors remain available and desirable for generations of RVers to come.”
As part of its commitment to environment, sustainability, and governance, Thor says it has also established a new senior management role to lead the company’s efforts. Chris Workman has been appointed Thor’s vice president of global supply management and sustainability.
“I am excited to be a part of this bold action taken by THOR to acknowledge the environmental, financial and social risks presented by climate change,” said Workman. “It is our goal to be an industry leader in ESG, and this is a significant first step to deliver on the vision. We can’t do this alone, and combining the responsibilities of global supply management with sustainability creates a unique opportunity to proactively engage with our business partners across the value stream.”
Thor plans to publish its plan to meet net-zero greenhouse gas emissions on its ESG website by June 2022.