EU Taxonomy
In 2024, TECO applied EU Taxonomy-Eligible criteria to classify sustainability-related revenue and investments. The company disclosed detailed breakdowns of taxonomy-eligible business segments across three main business groups, achieving 52.0% sustainable revenue ratio, 13.5% CAPEX, and 15.6% OPEX allocation.
Future Business Opportunities in Climate Change
Electrification
Green Energy
Product Lifecycle Management
TECO implements lifecycle-based sustainability strategies from recycling to end-of-life. In 2024, the company enhanced lightweight motor design with T-HiPro+ models, reducing motor weight by 28.6% and associated emissions by 27,532 kg per unit. Silicon steel scrap and metal components reached an 82.3% recycling rate for motor housings, and 87.2% of paints used were water-based, cutting VOC emissions by 4,568.33 kg. Over 99.65% of residential air conditioners adopted ecofriendly refrigerants. Product design is supported by robust internal audits, ensuring safety and regulatory compliance. TECO's recycling ecosystem achieved 96.5% reuse of foundry scrap, while post-use appliances and motors are dismantled for metal recovery through joint ventures. These initiatives strengthen circularity and product sustainability.
Product Quality Management Plan
Most of TECO’s production sites have obtained ISO 9001 Quality Management System certification, implementing quality control mechanisms throughout all stages from product design, manufacturing, to after-sales service. Through continuous supervision and internal and external audits, the effective operation of the quality management system is ensured, with ongoing improvements in processes and services to enhance customer satisfaction and organizational resilience. Before undergoing external verification, products undergo rigorous internal audits in accordance with internally established quality management and review procedures to ensure compliance with all safety and performance standards.
All TECO products undergo rigorous internal audits based on established quality management and review processes before external validation, ensuring compliance with safety and performance standards. Over the past four years (2021-2024), no recalls due to product defects have occurred, demonstrating TECO’s robust management systems and risk prevention capabilities in product design, production, and quality control, enhancing customer trust and operational resilience.
