Thermax
Thermax Limited, headquartered in Pune, India, is a leading player in the energy and environment sector. Founded in 1966, the company has established a strong presence across various operational regions, including Asia, Africa, and the Middle East. Specialising in engineering solutions, Thermax focuses on areas such as energy efficiency, waste management, and water treatment. The company offers a diverse range of core products and services, including boilers, chillers, and air pollution control systems, distinguished by their innovative technology and sustainability focus. With a commitment to reducing carbon footprints, Thermax has achieved notable milestones, positioning itself as a trusted partner in the global market. Its dedication to excellence has earned recognition, making it a prominent name in the industry.
DitchCarbon Score
How does Thermax's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Thermax's score of 32 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Thermax's reported carbon emissions
In 2024, Thermax reported total carbon emissions of approximately 28,310,000 kg CO2e, comprising about 14,998,000 kg CO2e from Scope 1 and about 13,312,000 kg CO2e from Scope 2 emissions. This represents a decrease from 2023, where total emissions were about 36,217,000 kg CO2e, with Scope 1 emissions at approximately 12,180,000 kg CO2e and Scope 2 emissions at about 24,037,000 kg CO2e. In 2022, Thermax's emissions were approximately 39,072,000 kg CO2e, with Scope 1 emissions at about 13,000,000 kg CO2e and Scope 2 emissions at approximately 26,072,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Thermax's emissions intensity has shown improvement, with a reported Scope 1 and 2 emission intensity of about 0.00001019 kg CO2e per rupee of turnover in 2024, down from approximately 0.00000976 kg CO2e in 2023. The company continues to focus on sustainability and climate commitments, aligning with industry standards for emissions reporting and reduction.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 13,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 26,072,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Thermax is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
