TECO is the technology leader in the global motor
industry and the Group’s product portfolio encompasses
home appliances, wind power and electrical
equipment etc. Through professional allocation of
work with its material suppliers, equipment contractors
and service providers (such as transportation,
logistics contractors), TECO has established a close
relationship with its partners, thereby creating a
long-term, steady supply chain via upstream and
downstream integration. In order to adopt materials
and production processes that have the minimum
impact on the environment, we have monitored key
suppliers that account for 80% of annual procurement
amount. Moreover, green supply chain development
strategic goals are formulated along with
KPI in order to reinforce CSR management.
Attachment of a
to the Supplier
Contracts to be
signed by all
Addition of a clause to the "Letter of Commitment to Human Rights and
Environmental Sustainability" stipulating contract termination or rescission in
case of violation of this commitment by suppliers.
Increase the letter of commitment signing rate by 15% every year.
Invite key suppliers to participation in environmental and water footprint
Expected to raise the signing rate of "Letter of Commitment to Human Rights
and Environmental Sustainability" to 85%, and the plan is to expand
second-tier supplier management in order to gain a comprehensive
understanding of the entire supply chain.
"Supplier Evaluation Form" combines "CSR" evaluation and on-site audit.
Aside from demanding the quality, cost, delivery date of products as well as
service and technical skills, emphasis is also placed on society, labor rights,
environmental management and energy conservation/emissions reduction
CSR-related topics are incorporated into various plants’ annual KPI in order
to implement the supply chain management system.