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At Thermowave, our mission is rooted in preserving the natural world that inspires our outdoorpursuits. As a multi-generational family-owned brand, we are committed to designing premium,high-performance garments with deep respect for the planet and future generations.In 2024, we made a major leap forward by calculating our complete carbon footprint and settingambitious climate targets aligned with the Science Based Targets initiative (SBTi) and the ParisAgreement. This step marks the beginning of our transition to Net Zero - with a clear goal: to reachNet Zero greenhouse gas emissions by 2040.Our Carbon Footprint: Baseline Year 2024Thermowave's carbon accounting follows the Greenhouse Gas Protocol, the globally recognizedstandard for measuring emissions. Our 2024 baseline emissions are:Total emissions: 97,592.3 tonnes COeScope | Tonnes COe | Description------|-------------|-------------Scope 1 | 9.8 | Transport owned or controlled by ThermowaveScope 2 | 3.5 | Electricity usage at Thermowave officesScope 3 | 97,579 | Value chain emissions, primarily from raw materialsThe overwhelming majority of our impact lies in Scope 3, specifically from garment fabrics, whichaccount for 93,133 tonnes COe - 95.55% of total Scope 3 emissions. Within that:- Yarn production accounts for 90.55%- Fabric production processes for 8.55%- Yarn and fabric transport for 0.9%Our Climate TargetsThermowave is setting targets in line with the SBTi's 1.5 degreesC trajectory, focused on deep andmeasurable reductions.Near-Term Targets (by 2030)- Reduce Scope 1 and Scope 2 emissions by 80%- Reduce Scope 3 emissions across the supply chain by 55%Long-Term Target (by 2040)- Reduce total emissions (Scopes 1, 2, and 3) by at least 90%- Neutralize residual emissions through verified carbon removals such as soil carbon sequestrationfrom regenerative wool farmingReducing Emissions Where It Matters MostGiven that raw material sourcing - especially Merino wool - represents the largest portion of ourfootprint, we are focusing our efforts where they matter most:- Transitioning to regenerative-certified Merino wool- Incorporating low-impact fiber blends, such as Merino wool with TENCEL(TM)- Expanding our use of RCS-certified recycled polyester and polyamide- Increasing the use of recycled Merino wool across product lines- Introducing repair and take-back programs to extend garment lifespan and reduce wasteOur own production facilities in Europe allow us to manage quality and minimize emissions fromtransportation, while our long-standing partnerships with suppliers ensure transparency and ethicalpractices throughout the supply chain.Committed to the Long GameAt Thermowave, we believe sustainability is not a shortcut - it's a long-term responsibility. We willcontinue to invest in high-quality, traceable, and low-impact materials, while ensuring every productwe create lives up to both your performance expectations and our environmental values.Net Zero by 2040 is not just a target. It's our promise - to our community, to future generations, andto the wild places we all seek to protect.

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