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 42 is higher than 66% 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. This reflects their ongoing commitment to reducing carbon emissions, with a target to achieve a 35% reduction in absolute emissions from a 2019 baseline by 2025 for both Scope 1 and Scope 2 emissions. In 2024, the company recorded emissions of around 8,838,000 kg CO2e for Scope 1 and approximately 13,312,000 kg CO2e for Scope 2. The previous year, 2023, saw higher emissions, with about 12,180,000 kg CO2e for Scope 1 and 24,037,000 kg CO2e for Scope 2. In 2022, emissions were reported at approximately 13,000,000 kg CO2e for Scope 1 and about 26,072,000 kg CO2e for Scope 2. Thermax's emissions data is cascaded from its parent company, Thermax Limited, which is responsible for the overall performance metrics. The company has not disclosed any Scope 3 emissions data. Their reduction initiatives are documented and aim to significantly lower their carbon footprint in alignment with industry standards.
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| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Scope 1 | 13,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 26,072,000 | 00,000,000 | 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.
