Thermax Sustainability Profile
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 37 is higher than 61% 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 2025, Thermax reported total carbon emissions of approximately 7,384,000 kg CO2e for Scope 1 and about 12,059,000 kg CO2e for Scope 2, resulting in a combined total of approximately 19,443,000 kg CO2e. This data reflects a commitment to transparency in their carbon footprint, with emissions data cascaded from their parent company, Thermax Limited. Thermax has set ambitious reduction targets, aiming to achieve a 35% reduction in absolute carbon emissions from both Scope 1 and Scope 2 by 2025, using 2019 as the base year. This commitment underscores their proactive approach to climate action, aligning with industry standards for sustainability. In previous years, emissions were reported as follows: in 2024, Scope 1 emissions were approximately 14,998,000 kg CO2e and Scope 2 emissions were about 13,312,000 kg CO2e, totalling around 28,310,000 kg CO2e. In 2023, the figures were approximately 12,180,000 kg CO2e for Scope 1 and 24,037,000 kg CO2e for Scope 2, leading to a total of about 36,217,000 kg CO2e. In 2022, emissions were reported at approximately 13,000,000 kg CO2e for Scope 1 and 26,072,000 kg CO2e for Scope 2. Thermax's commitment to reducing emissions is part of a broader industry trend towards sustainability, reflecting the increasing importance of corporate responsibility in addressing climate change.
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| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Scope 1 | 13,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 26,072,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Thermax's Industry?
How Carbon Intensive is Thermax's Location?
Thermax's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Thermax has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
