Policy Inference and Governance of Trade Associations
TECO actively participates in the activities of industry associations and non-profit organizations, and maintains close exchanges with industry, government, and academia. At the same time, we regularly make suggestions to the government on industrial upgrading, net-zero transformation, fiscal and taxation policies, human resources, and business environment to promote overall economic development.
TECO echoes the United Nations and international 2030/50 carbon reduction and net-zero goals, declaring a "50% reduction in emissions in ten years" and will achieve the 50% emissions reduction goal in 2030 and the net-zero goal in 2050. All TECO's climate initiatives are in line with the Paris Agreement, which aims to limit global temperature rise to 1.5⁰C compared with pre-industrial levels. The scope of this commitment applies to all TECO subsidiaries and business areas, as well as all operating sites.
Regarding the joining, withdrawal and participation in related activities of industry associations and non-profit organizations, the relevant departments will first review whether the organization's purpose and activity content are consistent with TECO's position and participate with the consent of the heads of each business department.
Climate-related initiatives need to be reviewed by the "ESG Office" and participated in with the consent of the CEO of the office. Their implementation will be monitored by the "Corporate Governance and Sustainability Committee" at the board level. The "ESG Office" regularly conducts reviews and evaluations of public associations in which the company participates.
The "Secretary Office of the Board of Directors" coordinates and manages the participation of public associations, regularly evaluates and reviews the public affairs or advocacy activities of industrial public associations and other groups in compliance with this policy, and regularly reports directly to the chairman of the board on the implementation of various policies to confirm that they are in compliance with this policy. Public policy engagement and advocacy activities are consistent with the Paris Agreement.
If it is inconsistent with TECO's policy stance, it will be asked to improve. If it does not revise its position within a certain period, TECO will withdraw from the group or activity, terminate its membership, withdraw financial support, and make a public statement to disclose relevant information.
In 2023, TECO's support to tax-exempt groups such as industry associations and non-profit organizations totaled NT$23,042,706. and made a total donation of NT$4,764,611.
2023 Trade Association List
|
Topic of Concern |
Association Name |
Fee NTD |
Roles |
|
Industrial Transformation and Upgrading |
Epoch Foundation (Epoch) |
300,000 |
Director |
|
Taiwan Electrical and Electronic Manufacturers' Association (TEEMA) |
135,524 |
Director |
|
|
Taiwan Machinery Industry Association (TAMI) |
52,800 |
Member |
|
|
Electric-Electronic and Environmental Technology Development Association of R.O.C. (CED) |
130,500 |
Chairman |
|
|
Chinese National Association of Industry and Commerce, Taiwan (CNAIC) |
335,000 |
Honor Chairman |
|
|
Chung-Hwa Railway Industry Development Association (CRIDA) |
40,000 |
Director |
|
|
Taiwan Excellent Brand Association (TEBA) |
40,000 |
Director |
|
|
Taiwan Power Electronics Association (TaiPEA) |
30,000 |
Director |
|
|
Taiwan Electrical Appliance Association (TEPA) |
20,000 |
Director |
|
|
Taiwan Automation Intelligence and Robotics Association (TAIROA) |
25,000 |
Director |
|
|
Taiwan Refrigeration and Air Conditioning Engineering Industry Association (TRAEA) |
10,000 |
Member |
|
|
Taiwan Foundry Industry Association (TCIA) |
21,600 |
Member |
|
|
Institute for Biotechnology and Medicine Industry |
20,000 |
Member |
|
|
Sustainable development (Climate change) |
Center for Corporate Sustainability (TAISE) |
280,000 |
Director |
|
Business Council for Sustainable Development of Taiwan (BCSD Taiwan) |
120,000 |
Honor Chairman |
|
|
Taiwan Smart City Development Association (TCSA) |
10,000 |
Member |
|
|
Renewable /Clean Energy (Climate change) |
Taiwan Wind Industry Association (TWIA) |
20,000 |
Director |
|
Taiwan Wind Energy Association (TWEA) |
20,000 |
Member |
|
|
Association of Atmosphere Protection in Taiwan (AAPT) |
6,000 |
Director |
|
|
Photovoltaic Power System Business Association (PVGSA) |
20,000 |
Member |
|
|
Taiwan Solar Photovoltaic Industry Association (TPVIA) |
10,000 |
Member |
|
|
Taiwan Smart Grid Industry Association (TSGIA) |
10,000 |
Director |
|
|
Taiwan Smart Electric Vehicle and Green Energy Technology Association (TEGA) |
35,000 |
Member |
|
|
International Business |
Chinese International Economic Cooperation Association (CIECA) |
50,000 |
Director |
|
Taiwan-Turkey Business Association (TTBA) |
25,000 |
Honor Chairman |
|
|
Taiwan India Business Association (TIBA) |
15,000 |
Honor Chairman |
|
|
R.O.C. East Asian Economic Association (EAEA) |
50,000 |
Honor Chairman |
|
|
Cross Strait CEO Summit |
100,000 |
Director |
|
|
Local Business and Culture |
Wuxi Xinwu District Taiwan Compatriots Investment Enterprise Association |
210,201 |
Member |
|
Nanchang Taiwan Compatriots Investment Enterprise Association |
97,689 |
Member |
|
|
Taiwan Science Park Science Industry Association |
108,000 |
Member |
|
|
Taiwan Creative Arts Industry Development Foundation |
200,000 |
Founder |
|
|
Top Ten Outstanding Youth Foundations |
375,000 |
Vice Chairman |
Initiatives and lobby made
The ESG Office conducts annual review in Q1 2023 and the results are as followings:
|
Association or Organization |
contents |
Public information |
|
CW magazine 天下雜誌永續會 |
According to “Temperature Rising Index for Pathways” conducts by one of the leading magazine in Taiwan (CW magazine). TECO with the goal of 50% emission reduction in 2030, wins outstanding performance that controls temperature rising under 1.479°C |
https://csr.cw.com.tw/trips/trips/11332202
|
|
CNAIC 中華民國工商協進會 |
"Industrial and Commercial Breakfast" (2024.3.30, 2024.10.21): It is recommended that the government "cancel or reduce the financial industry business tax by 5%", "accelerate the establishment of a carbon trading mechanism to help companies obtain reduction credits", "cancel or reduce Proposals such as “lowering cement excise tax” have received positive response and attention from the government. |
|
|
CNAIC 中華民國工商協進會 |
Directors and Supervisors met with President Lai Qingde (2024.6.17): He proposed more than 30 written suggestions related to corporate operations such as "AI innovation and industrial upgrading and transformation", "net-zero transformation", "promoting financial development" and "supply chain restructuring". |
https://cnaic.org/articles/f6c7f9 |
|
TEEMA 電機電子工業同業公會 |
Meeting with the Ministry of Economic Affairs (2023.3.17): The government is requested to build a testing and verification environment platform (electric vehicle/battery system), preferential tax rebate policies for green energy products, and corporate carbon reduction incentives. |
n/a |
|
TEEMA 電機電子工業同業公會 |
Meeting with the Executive Yuan (2023.3.27): It is recommended that the government provide policy incentives to accelerate the penetration rate of high-efficiency motors (IE4) and improve the design and production technology of ultra-high-efficiency motors (IE4 and above) for domestic motor manufacturers |
https://www.teema.org.tw/exhibition-detail.aspx?infoid=42562 |
|
CNAIC 中華民國工商協進會 |
It is recommended that the Executive Yuan accelerate the upgrading of motor energy efficiency to IE4 and assist in the implementation of national energy conservation and carbon reduction goals |
Beside above, TECO is currently promoting low-carbon factory solutions to help customers upgrading to high-efficiency motors, but it is accompanied by a large number of second-hand motors to deal with. In addition to selling old motors as scrap hardware to recycling systems, TECO propose to initiate a recycling mechanism for second-hand motors with our peers in 2023 or afterward. Hoping to establish a recycling and secondary recycling joint venture to serve customer needs and meet social expectations for ESG.
.