PERFORMANCE SNAPSHOT
THERMAX GROUP FY 2022-23
We are committed to working with our stakeholders across our value chain to build a sustainable pathway forward. Through our focus on ESG, we are helping propel industry and the world forward – today and for generations to come.
Our key focus on reducing water and carbon footprints, initiatives on employee engagement and community development, and adherence to compliance and integrity reflect how we are becoming more sustainable as a Company. It also demonstrates our strong emphasis on delivering solutions that defy global challenges and create lasting value for our customers, communities, employees, and the overall business.
- Waste Management
- Energy Management
- Emissions Management
- Climate Change Related Risks
- Water Management
- 8% of energy consumption is contributed by renewable energy
- Installed rooftop solar plants with a combined capacity of 2.17 MWp at Savli, Jhagadia, Sri City and at Pune offices
- Harvested 25,490 m3 of rainwater during the year
- Achieved 5,665 tCO2e of carbon emission reduction
- Saved 19,424 GJ of energy
- Incurred Rs. 4.14 crore capex on carbon footprint reduction-related projects
- 9% reduction in water consumption at domestic manufacturing units
- 2,49,510 m3 of water reused and recycled
- Planted 6,080 saplings
- Achieved 93% of waste recycling rate during the year
- Single-use plastic free certification received from the Confederation of Indian Industry for the Savli plant
SDGs Impacted
Capitals Covered
Manufactured Capital
Intellectual Capital
Natural Capital
Strategic Objectives
- SO1
- SO2
- SO3
- Compliance and Integrity
- Zero cases under Prevention of Sexual Harassment (POSH) Act
- Compliance is followed with processes and tools in place, and the reporting under the same is done to the Board
- Restructuring of reporting segments for better transparency
SDGs Impacted
Capitals Covered
Financial Capital
Human Capital
Strategic Objectives
- SO1
- SO2
- SO3
- STATUTORY REPORTS
- Management Discussion and Analysis
- Directors’ Report
- Corporate Governance Report
- Business Responsibility and
Sustainability Report
- Energy Conservation,Technology Absorption
and Foreign Exchange Earnings and Outgo
- Annual Report on CSR Activities
and CSR Policy
- Secretarial Audit Report –Thermax Limited
- Secretarial Audit Report –Thermax Babcock
& Wilcox Energy Solutions Private Limited
- Management Discussion and Analysis
DOWNLOAD REPORTS
SDGs Impacted
Capitals Covered
Human Capital
Social and Relationship Capital
Strategic Objectives