Energy Conservation 節能, Emissions Reduction 減排, Smart Application 智能, and Automation 自動
Let the World See Taiwan
Year 2020 TECO is listed in Dow Jones Sustainability Index (DJSI), S&P Global Sustainability Yearbook, and FTSE4Good TIP Taiwan ESG Index. the Taiwan Top 50 Corporate Sustainability Gold Award for seven consecutive years, and ranking among the Top 5% in the corporate governance evaluations for six years in a row.
TECO has officially declared its commitment to a 10-year goal of energy conservation and emission reductions by 20% with 2015 as the base year. The goal is to decrease carbon emissions by 20% in 2025. Due to the joint efforts of all staff members, TECO achieved its emission reduction goal five years earlier than expected in 2020. Relevant measures include replacement of existing with energy-saving equipment, more efficient production scheduling, development of smart, automated production technologies, and prevention of GHG and refrigerant escape. Upon completion of the first stage, TECO will fully implement its Sustainability KPI, which encompass indicators in the three dimensions of internal carbon pricing (ICP), ratio of recycled materials and waste recycling, and climate impact management, starting from this year.
The Company plans to expand implementation of this goal to its overseas plants in 2021 and thereby firmly implant sustainability concepts in the corporate culture of the Company. And therefore, pursuit of the EU target of net-zero emissions by 2050.
Sustainability Awards
Mrs. Chwen-Jy, Chiu, Chairman of TECO Electric & Machinery Co., Ltd. was presented with the most prestigious “Outstanding Corporate Sustainability Professionals Award” in the individual award category. The Company was honored with the Taiwan TOP50 Corporate Sustainability Award in the comprehensive performance category, a Platinum Award in the corporate sustainability reporting category, and a Transparency & Integrity Award and Social Inclusion Award in the outstanding example category, which bears clear witness to TECO’s efforts and achievements in the promotion of sustainable development
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Download TECO 2020 Annual CSR Report
Contact window: CSR Task Force/Jay LC Huang, Special Assistant, csr@teco.com.tw