Thermax Limited
Thermax's GHG Emissions Data Preview
In 2025, Thermax completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, Thermax has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Verified Sources Behind Thermax’s Greenhouse Gas (GHG) Emissions Data
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Insights into Thermax's Operational Emissions
In 2025, the total operational greenhouse gas (GHG) emissions of Thermax amounted to 19,443 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2024, the total operational greenhouse gas (GHG) emissions of Thermax decreased by 12.22%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Thermax's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Thermax's Scope 1 emissions?
In 2025, the total Scope 1 emissions of Thermax were 7,384 metric tons of CO₂ equivalent (tCO₂e). a
Has Thermax reduced its Scope 1 emissions over time?
Since 2023, Thermax's Scope 1 emissions have decreased by 39.38%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2024), Thermax's Scope 1 emissions decreased by 16.45%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Thermax's Scope 2 emissions?
In 2025, Thermax reported Scope 2 greenhouse gas (GHG) emissions of 12,059 tCO₂e without specifying the calculation method. a
Has Thermax reduced its Scope 2 emissions over time?
Since 2023, Thermax's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 49.83%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2024), Thermax's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Thermax 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Thermax use for Scope 2 reporting?
In 2025, Thermax reported its Scope 2 emissions using an unspecified methodology. a
Thermax's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Thermax’s GHG Emissions Intensity Compared to Industry Peers
In 2025, Thermax reported Scope 1 greenhouse gas (GHG) emissions of 7,384 tCO₂e and total revenues of USD 1,200 millions. This translates into an emissions intensity of 6.15 tCO₂e per millions USD. a
Thermax's Scope 1 Emissions Intensity Compared to Peers
How does Thermax's GHG emissions intensity compare to its peers?
In 2025, Thermax reported a Scope 1 emissions intensity of 6.15 tCO₂e per millions USD. Compared to the peer group median of 11.27 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Thermax rank on GHG emissions intensity within its industry?
In 2025, Thermax ranked 9 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Thermax is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a