Business Ethics

 Business Ethics and Group Nomocracy

To enable directors and managers to strictly abide by the code of conduct and ethical principles when engaging in business activities, the "Rules of Ethical Conduct to Directors and Managerial Officers" have been formulated as the standard of conduct for every director to junior employees of the company.

In terms of sustainable governance, the board of directors formulated three basic documents: "Sustainable Development Best Practice Principles", "Ethical Corporate Management Best Practice Principles" and "Corporate Governance Best Practice Principles" to establish the TECO culture and issued "TECO Group Sustainability Policies and Commitments". To implement sustainability policies among TECO Group.

TECO Electric has a "TECO Sustainability Commitment" signed by the CEO and requires all employees to abide by it. For suppliers, it follows the "Supply Chain Business Ethics" and issues a "Human Rights and Environmental Sustainability Commitment" that is required to be signed when signing purchase contracts. For the manufacture subsidiaries that consolidated in the annual report, "TECO Group Sustainability Policies and Commitments" is used as a guide to standardize the ESG policy, ensure the implementation of the group's overall sustainable development policy, and meet the requirements and expectations of stakeholders.