Thermax Ltd 2025 SR
The report for FY 2024-25 highlights Thermax Limited's progress in its energy transition and sustainability journey. The company achieved a 42.6% reduction in absolute carbon emissions from its 2019 baseline, significantly exceeding its targets through energy efficiency and renewable energy expansion. Notable achievements include the Sricity and Solapur units being certified as water-positive and the successful transition to cleaner fuels at the Chinchwad plant. Thermax also invested 6% of its R&D and capital expenditure into green technologies like fuel cells and green hydrogen. Socially, the company maintained a strong focus on occupational health and safety and continued its community support through the Thermax Foundation's educational initiatives.
Company: Thermax Ltd
Sector: Industrials
Country: India
Year: 2025
Type: SR
Pages: 45
Thermax Ltd
Business Responsibility And Sustainability Report
The report for FY 2024-25 highlights Thermax Limited's progress in its energy transition and sustainability journey. The company achieved a 42.6% reduction in absolute carbon emissions from its 2019 baseline, significantly exceeding its targets through energy efficiency and renewable energy expansion. Notable achievements include the Sricity and Solapur units being certified as water-positive and the successful transition to cleaner fuels at the Chinchwad plant. Thermax also invested 6% of its R&D and capital expenditure into green technologies like fuel cells and green hydrogen. Socially, the company maintained a strong focus on occupational health and safety and continued its community support through the Thermax Foundation's educational initiatives.
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Document Details
Report Year
2025
Reporting Period
Apr 1, 2024 - Mar 31, 2025
Fiscal Year
2025
Published
Jul 4, 2025
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
Employees