I have a T14s Gen 3 with the middle tier 6 core CPU (forget the exact specs). But it's able to discipate about 30-40 watts (combined CPU and iGPU) in my testing which is more than enough for a "thin and light" laptop.
I can't speak for the newer T14 (full sized) but my T14 gen 1 intel has pretty weak cooling. The fan just isn't capable of spinning very fast which is nice for keeping the noise down, but it can't dissipate that much heat. Hopefully they've improved the cooling since then. There's no reason the slim model should be better than the full fat version in anything other than size, but who knows with Lenovo.