TECO has been honored in 2026 with the Global Views Monthly ESG Corporate Sustainability Awards, receiving the “Overall Performance – Traditional Industries Model Award,” demonstrating its outstanding achievements in sustainability governance, low-carbon transformation, and social responsibility. Chairman Morris Li stated that TECO has long embraced the vision of “becoming a key driver of global electrification, intelligence, and green energy development.” The company continues to deepen its ESG strategy by integrating sustainability into the core of its operations, while actively addressing climate change and industrial transformation challenges through technological innovation and global deployment—reflecting a strong top-down commitment to sustainable governance.
The award was accepted on behalf of TECO by Ang-Ting Shih, Director of the ESG Office. This marks the second consecutive year that TECO has received recognition from the Global Views ESG Corporate Sustainability Awards. In terms of sustainable business performance, TECO has steadily increased the proportion of sustainability-related operations in recent years. Revenue from sustainable businesses has consistently accounted for over 50% of total revenue—49.8% in 2022, rising to 54.6% in 2023, and reaching 52.0% in 2024. These figures demonstrate the company’s success in embedding sustainability transformation into its core business model, while continuing to generate growth momentum that delivers both economic and environmental value through electrification, energy-efficient equipment, and green energy solutions.
On the ESG strategy front, TECO began advancing carbon reduction and environmental management as early as 2015, and in 2021 announced a target to cut emissions by 50% over ten years, moving toward its net-zero emissions vision. The company has also introduced internal carbon pricing and a carbon fund mechanism to promote renewable energy development and low-carbon innovation, with a goal of achieving 30% renewable energy usage of total group electricity consumption by 2030. Through energy-efficient process optimization, adoption of low-carbon technologies, and global operational management, TECO has established a comprehensive low-carbon transformation pathway. ESG governance has also been elevated to the board level to ensure effective execution and continuous improvement of its strategies.
In terms of social and governance initiatives, TECO continues to strengthen its board-level ESG governance framework, while placing strong emphasis on employee development and diversity and inclusion. The company actively promotes digital transformation and talent development programs, and has long invested in rural education and international technology competitions as part of its social engagement. TECO has also delivered strong performance in global sustainability benchmarks, including six consecutive years of inclusion in the Dow Jones Best-in-Class Indices (DJBIC), as well as recognition in the S&P Global Corporate Sustainability Assessment and an AAA rating from MSCI ESG Ratings—highlighting its international competitiveness in corporate governance and sustainable development.
Receiving the Global Views ESG Corporate Sustainability Model Award not only reflects strong external recognition of TECO’s long-term commitment to sustainability, but also underscores its role as a benchmark for transformation within traditional industries. Looking ahead, TECO will continue to leverage innovative technologies and sustainability strategies, working closely with partners across the value chain to advance toward a net-zero carbon future and a new era of green economy.
