Integrated Report
About this Integrated Report
An Energy and Environment Solutions Provider
Propelling a Sustainable Growth Strategy
Our Business Model
Managing the Six Capitals for Sustainable Value Creation
Managing Risks
Addressing Material Matters
Corporate Overview
Towards a Zero-Carbon Future
Awards and Accolades
Battling the COVID-19 Crisis
Message from the Chairperson
Message from the Managing Director
Board of Directors
Management Executive Council
Corporate Information
Statutory Reports
Management Discussion and Analysis
Directors’ Report
Corporate Governance Report
Business Responsibility Report
Energy Conservation,Technology Absorption
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
Financial Statements
Standalone Financial Statements
Consolidated Financial Statements
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Integrated Report
About this Integrated Report
An Energy and Environment Solutions Provider
Propelling a Sustainable Growth Strategy
Our Business Model
Managing the Six Capitals for Sustainable Value Creation
Managing Risks
Addressing Material Matters
Corporate Overview
Towards a Zero-Carbon Future
Awards and Accolades
Battling the COVID-19 Crisis
Message from the Chairperson
Message from the Managing Director
Board of Directors
Management Executive Council
Corporate Information
Statutory Reports
Management Discussion and Analysis
Directors’ Report
Corporate Governance Report
Business Responsibility Report
Energy Conservation,Technology Absorption
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
Financial Statements
Standalone Financial Statements
Consolidated Financial Statements
Addressing Material Matters
Materiality Determination Process
Identifying and Mapping Material Issues
Economic
3
Product Performance
13
Upgradation and Improvement of Designs (Eco-designs)
Environment
4
Waste Management
6
Climate Change Related Risks
9
Resource Usage Optimisation
11
Energy Management
15
Water Management
16
Emission Management
Social
1
Local Employment
2
Community Engagement
5
Occupational Health, Safety and Emergency Preparedness
7
Talent Acquisition and Retention
8
Training and Development
10
Protection of Human Rights
14
Responsible Supply Chain Management
Governance
12
Compliance and Integrity