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TECO Earns Three Major Sustainability Honors, Including S&P Global Recognition

2026/05/13

The S&P Sustainability Yearbook Member Award Ceremony was held in Taipei today, May 13. TECO Electric & Machinery Co., Ltd. was selected for the sixth time in the 2026 edition of The Sustainability Yearbook published by S&P Global, an international index provider and sustainability assessment organization, in recognition of its long-standing commitment to sustainable management. Ang-Ting Shih, Director of ESG Office, represented TECO at the ceremony and accepted the award.

TECO has also recently been honored at the 2026 Global Views Monthly ESG Corporate Sustainability Awards, receiving the “Overall Performance – Traditional Industries Model Award,” and has been selected for the Dow Jones Best-in-Class Indices (DJBICI), demonstrating TECO’s long-term efforts and achievements across environmental, social and governance dimensions. TECO Chairman Morris Li stated that TECO regards sustainable development as a core element of long-term corporate competitiveness. As the Company continues to focus on electrification, intelligence and green energy, TECO will further advance ESG governance, operational carbon reduction and low-carbon innovation in line with international sustainability standards, strengthening its resilience and competitiveness amid the global transition to net zero.

In recent years, TECO Group has actively embedded its sustainability strategy into global operations management. The Company has set a target to achieve a 50% reduction in operational emissions over a ten-year period by 2030, and has continued to advance energy-saving improvements, process efficiency enhancements and energy management. As of last year, TECO had achieved an emissions reduction of more than 40%. The Company has also continued to install solar power generation facilities at its own sites, with global installed capacity exceeding 17 MW in 2025, steadily advancing toward its 2030 goal of having renewable energy account for 30% of the Group’s total electricity consumption.
 

To translate its carbon reduction commitments into concrete management mechanisms, TECO has introduced an internal carbon pricing mechanism of NT$1,600 per metric ton of CO2e, and further established an internal carbon fund system to encourage business units to invest in energy management, renewable energy, low-carbon innovation and capability building. Through this mechanism, three low-carbon proposals were launched last year, with expected annual carbon reductions approaching 1,000 metric tons of CO2e. TECO has also implemented an energy management program and publicly disclosed energy consumption information to strengthen energy performance management, enhance operational transparency and continuously improve energy efficiency, demonstrating its execution capabilities in driving low-carbon transformation through institutionalized management.


Beyond reducing emissions from its own operations, TECO has extended its sustainability influence to its supply chain and industry partners. For two consecutive years, the Company has participated in the “Net-Zero Transformation Promotion Program for the Manufacturing Sector” initiated by the Industrial Development Administration, Ministry of Economic Affairs. Working with more than 20 corporate partners, TECO has formed a “1+N Carbon Management Demonstration Team” to help supply chain partners strengthen their carbon management and low-carbon transformation capabilities through carbon inventory assessments and in-depth energy-saving guidance, extending its sustainability impact from the Company itself to the broader industrial value chain.
 

In terms of corporate governance and social responsibility, TECO’s Board of Directors oversees climate-related issues and sustainability strategies. The Company has also linked concrete KPIs, including carbon reduction results, carbon intensity and green supply chain performance, to senior executives’ actual performance evaluations, establishing a dual mechanism of “governance plus incentives” to ensure that sustainability goals are effectively integrated into organizational management and operational performance. TECO also places strong emphasis on employee rights and talent development. Through anonymous employee satisfaction surveys, leadership development programs, corporate culture education and internal learning platforms, the Company continues to strengthen employees’ professional capabilities while fostering a culture of organizational learning.


TECO stated that its three domestic and international recognitions — inclusion in S&P Global’s The Sustainability Yearbook, selection for the Dow Jones Best-in-Class Indices (DJBICI), and receipt of the “Overall Performance – Traditional Industries Model Award” at the 2026 Global Views Monthly ESG Corporate Sustainability Awards — not only reflect external recognition of the Company’s long-term commitment to sustainable management, but also serve as motivation for continued progress. As TECO marks its 70th anniversary this year, the Company will take this milestone as an important step toward its next stage of growth and transformation, continuing to deepen its “B (Business) 2B (Business) 2S (Sustainability)” philosophy and working with global customers and suppliers to move together toward a net-zero future.

TECO Earns Three Major Sustainability Honors, Including S&P Global Recognition