TECO Leads Suppliers in Low-Carbon Transformation: Launch of the 2025 “1+N Carbon Management Demonstration Team Project”
TECO Electric & Machinery has once again partnered with National Yunlin University of Science and Technology for the second consecutive year to participate in the "1+N Carbon Management Demonstration Team Project," led by the Industrial Development Administration, Ministry of Economic Affairs, and executed by the Taiwan Institute of Economic Research. Today (13th), the "Greenhouse Gas Inventory Kick-off Meeting" was held at TECO's Hukou Plant to launch the establishment of a carbon management mechanism across its supply chain, aiming to accelerate the industry's path toward net zero.
TECO president Mr. Fei-Yuan Kao stated that, following last year’s collaboration with suppliers from the Green Mechatronic Solution Business Group, this year’s initiative will expand to include the supply chain of the Intelligence Energy Business Group. Upholding the belief of "working side by side with global partners to create a sustainable and prosperous future," the company is committed to driving carbon reduction actions throughout its suppliers to strengthen TECO's value chain of low-carbon competitiveness.
In the 2024 “1+N” project, TECO invited several supplier partners from the Green Mechatronic Solution Business Group to participate. Through training sessions, carbon inventory assessments, and energy-saving diagnostics, they identified key emission hotspots and developed low-carbon transformation strategies. Leveraging the digital net-zero carbon reduction platform built by TECO Group’s affiliate, Tecom, suppliers completed their greenhouse gas inventories and reported the results to TECO as a foundation for future low-carbon initiatives.
Building on the experience from last year, TECO has decided to continue participating in the project in 2025, extending its efforts to suppliers from the Intelligence Energy Business Group, including power equipment providers, metal product manufacturers, and machinery equipment manufacturers. The company aims to assist partners in their low-carbon transformation, targeting a carbon reduction of 1,000 tons and an electricity saving of 1.2 million kWh. Additionally, TECO plans to support one supplier in completing third-party verification of their carbon inventory.
Vice President Han-Bang Su of the Taiwan Institute of Economic Research expressed gratitude to TECO for once again joining forces with its supply chain in the 1+N Carbon Management Demonstration Team to collectively reduce carbon emissions and strengthen the industry's low-carbon competitiveness. Dean Chao-Hung Chen of the College of Management at National Yunlin University of Science and Technology also noted that the university’s expert advisory team from the Center for Sustainable Development and Value Management will support TECO in effectively advancing supply chain decarbonization efforts.
TECO has been selected for the prestigious Dow Jones Sustainability Index (DJSI) Emerging Markets Index for five consecutive years. In 2024, TECO achieved the industry’s highest score in supply chain management, one of the most critical evaluation categories for the electromechanical industry. The company has reaffirmed its vision of becoming "the key driver in realizing global electrification, intelligence, and green energy" and has set a target to reduce operational emissions by 50% over ten years by 2030. TECO looks forward to surpassing expectations with this year’s “1+N” project, successfully leading its supply chain in the low-carbon transformation and laying a solid foundation for strengthening the low-carbon competitiveness of its entire value chain.