Thermax Ltd 2024 SR
The report details Thermax Limited's sustainability performance for the 2023-2024 fiscal year, focusing on its transition to green energy and decarbonization goals. The company achieved a 16% reduction in absolute carbon emissions on a standalone basis compared to its 2019 baseline, aiming for a 25% reduction by 2025. Key initiatives included installing solar PV projects at Solapur and Bhosari plants and switching to biomass fuel at the Dahej facility. Socially, the company emphasized education through the Thermax Foundation and implemented a Social Compact initiative for its workforce. Notably, the Solapur plant achieved Water Positive Certification with a water positive index of 6.59.
Company: Thermax Ltd
Sector: Industrials
Country: India
Year: 2024
Type: SR
Pages: 41
Thermax Ltd
Business Responsibility And Sustainability Report
The report details Thermax Limited's sustainability performance for the 2023-2024 fiscal year, focusing on its transition to green energy and decarbonization goals. The company achieved a 16% reduction in absolute carbon emissions on a standalone basis compared to its 2019 baseline, aiming for a 25% reduction by 2025. Key initiatives included installing solar PV projects at Solapur and Bhosari plants and switching to biomass fuel at the Dahej facility. Socially, the company emphasized education through the Thermax Foundation and implemented a Social Compact initiative for its workforce. Notably, the Solapur plant achieved Water Positive Certification with a water positive index of 6.59.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Published
Jul 5, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees