Public Profile

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.

11

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.

9

Industry Benchmark

Thermax's score of 11 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

Thermax's reported carbon emissions

In 2023, Thermax reported total carbon emissions of approximately 36,217,000 kg CO2e, comprising about 12,180,000 kg CO2e from Scope 1 and about 24,037,000 kg CO2e from Scope 2 emissions. This marked a reduction from 2022, where emissions totalled about 39,000,000 kg CO2e, with Scope 1 at approximately 13,000,000 kg CO2e and Scope 2 at about 26,072,000 kg CO2e. For 2024, Thermax's emissions further decreased to about 28,310,000 kg CO2e, with Scope 1 emissions at approximately 14,998,000 kg CO2e and Scope 2 at about 13,312,000 kg CO2e. Despite these reductions, there are currently no publicly disclosed reduction targets or climate pledges from Thermax, indicating a potential area for future commitment in line with industry standards for climate action.

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Add to project
202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Thermax's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Thermax is headquartered in IN, which has a rank of very high, indicating very high grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers