Thermax | Sustainability Performance

https://www.thermaxglobal.com/

Supplies energy, water, and environmental solutions to industrial and municipal clients. Provides engineering, installation, and maintenance services for systems in heating, cooling, and water treatment.

1980

India

1,001 - 5,000 employees

Machinery

$1B - 10B in revenue

$100M - 500M in profitability

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Sustainability Ranking & Industry Benchmark

#12226

Overall

#345

in India

#372

in Machinery

Sustainability Maturity

Sustainability Intent

Available in
Scale package

Access

Industry Rank

373 out of 392

Overview

Environmental

Carbon emissionsEnergy consumptionWaste managementWater managementAir and land impactNature and biodiversityNature riskClimate risk

Social

Diversity and inclusionPay gapsHealth and safetyExternalities

Governance

TargetsSDG ImpactESG scores and exclusionsB-corp & CDP

Financial Data

Business performanceCapital & innovationAnalyst projections

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India, Manufacturing, Chemicals

Renewable energy

28% 2024

Aligned

Waste generated

16.5K tonnes, 2024

Critical

Female engagement

15% 2024

Critical

Externalities

4.0M $, 2025

Laggard

Market cap

33.3T $, 2026▲6.9% YoY

Revenue

1.2B $, 2025▲10.3% YoY

Intensity

Energy consumption (direct) intensity (MWh /$M)

Water consumption intensity (m³ /$M)

Industry Benchmark

61.1

B/M 53.0

326.1

B/M 85.7

Controversy level

Very Low

Low

Noticeable

High

Severe

Download Controversy Analysis

Thermax Limited, Indian energy/environment engineering (boilers, water treatment, air pollution control), has faced sustained Indian Central Pollution Control Board enforcement scrutiny over alleged inadequate disclosure of boiler and waste heat recovery customer demand normalization, plus periodic Indian SEBI enforcement scrutiny affecting Indian institutional shareholders.

KPI	Metric	Year
	2020	2021	2022	2023	2024	Benchmark
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Biodiversity impact

Reveal data for 2 credits

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		2021	2022	2023	2024	2025	Benchmark
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Waste management

Reveal data for 2 credits

KPI	Metric	Year
		2020	2021	2022	2023	2024	Benchmark
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Water management

Reveal data for 2 credits

KPI	Metric	Year
		2020	2021	2022	2023	2024	Benchmark
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Air pollution

Reveal data for 2 credits

KPI	Metric	Year
		2020	2021	2022	2023	2024	Benchmark
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Land use

Reveal data for 2 credits

KPI	Metric	Year
		2021	2022	2023	2024	2025	Benchmark
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Diversity & inclusion

Reveal data for 3 credits

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		2020	2021	2022	2023	2024	Benchmark
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Pay gap breakdown

Reveal data for 1 credit

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		2020	2021	2022	2023	2024	Benchmark
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Health & safety

Reveal data for 2 credits

KPI	Metric	Year
		2020	2021	2022	2023	2024	Benchmark
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Externalities

Reveal data for 1 credit

KPI	Metric	Year
		2021	2022	2023	2024	2025	Benchmark
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SDG impact (historical)

Reveal data for 5 credits

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		2020	2021	2022	2023	2024	Benchmark
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Reporting

Sustainability Report

Available

Not committed to key sustainability initiatives

Sustainability employees

Total sustainability employees

Available in
Scale package

Access

Controversy level

Very Low

Low

Noticeable

High

Severe

Download Controversy Analysis

Thermax Limited, Indian energy/environment engineering (boilers, water treatment, air pollution control), has faced sustained Indian Central Pollution Control Board enforcement scrutiny over alleged inadequate disclosure of boiler and waste heat recovery customer demand normalization, plus periodic Indian SEBI enforcement scrutiny affecting Indian institutional shareholders.

Thermax | Sustainability Performance

Sustainability Ranking & Industry Benchmark

Sustainability Maturity

Sustainability Intent

Available in Scale package

View similiar companies

Renewable energy

Renewable electricity

Intensity

Female engagement

Waste

Controversy level

Carbon emissions breakdown

Climate risk

Nature risk

Production loss

Revenue at risk

Assets exposed to sensitive locations

Biodiversity loss in km²

Biodiversity loss in CO2e

Potential species loss

Biodiversity impact

Waste management

Water management

Air pollution

Land use

Diversity & inclusion

Pay gap breakdown

Health & safety

Externalities

Revenue & EBITDA

Margin trends

Return on invested capital

Analyst revenue estimates & actuals

Environmental policy coverage

Overall score

Environment

Social

Governance

Exclusion screening

CDP Scores

SDG impact

SDG impact (historical)

Reporting

Sustainability employees

Available in Scale package

Thermax | Sustainability Performance

Sustainability Ranking & Industry Benchmark

Sustainability Maturity

Sustainability Intent

Available in Scale package

View similiar companies

Renewable energy

Renewable electricity

Intensity

Female engagement

Waste

Controversy level

Carbon emissions breakdown

Climate risk

Nature risk

Production loss

Revenue at risk

Assets exposed to sensitive locations

Biodiversity loss in km²

Biodiversity loss in CO2e

Potential species loss

Biodiversity impact

Waste management

Water management

Air pollution

Land use

Diversity & inclusion

Pay gap breakdown

Health & safety

Externalities

Revenue & EBITDA

Margin trends

Return on invested capital

Analyst revenue estimates & actuals

Available in
Scale package

Available in
Scale package

Available in
Scale package

Available in
Scale package