Sustainability Taxonomy
Before the Taiwanese government has its own Sustainability Taxonomy, TECO adopts EU Sustainability Taxonomy with self-declared TECO GO ECO low-carbon products and services classification and disclose as in the following table:
In 2023, taxonomy eligible revenue accounts for 54.6%
CAPEX accounts for 56.8% and OPEX accounts for 15.3%
|
Aggregate of Taxonomy |
Organization and products |
EU Taxonomy items |
Revenue % |
CAPEX % |
OPEX % |
|
Taxonomy Eligible |
Green Mechatronic Solution Business Group (GM) High efficiency motor |
3.3 Manufacture of low-carbon technologies for transport 3.6 Manufacture of other low-carbon technologies 4.1. Electricity generation using solar photovoltaic technology. 8.2 Data-driven solutions for GHG emissions reductions |
42.1% |
11.2% |
15.3% |
|
Air & Intelligent Life Business Group (AI) Green Home Appliance |
3.5 Manufacture of energy efficiency equipment for buildings |
6.5 % |
3.8% |
||
|
Intelligence Energy Business Group (IE) Clean Energy Engineering |
4.1. Electricity generation using solar photovoltaic technology. 4.9 Transmission and distribution of electricity 4.10 Storage of electricity |
6.1 % |
41.9% |
||
|
Not Eligible |
Other Business Units |
none |
45.4 % |
43.2% |
84.7% |
Product revenue to EU Taxonomy
|
Business Group |
Taxonomy Aligned |
Taxonomy Eligible |
Not Eligible |
|
Green Mechatronic Solution (GM) |
|
|
Other products and services |
|
Air & Intelligent Life Business (AI) |
|
|
Other products and services |
|
Intelligence Energy Business Group (IE) |
|
|
Other products and services |
|
Economic activities |
Business Group |
Total Revenue (NTD B) |
(1) climate change mitigation |
(2) climate change adaptation |
(3) water resources |
(4) Circular economy |
(5) Pollution |
(6) Biodiversity |
|
3.3 Manufacture of low-carbon technologies for transport |
GM |
0.1 |
0.1% |
-- |
-- |
-- |
-- |
-- |
|
3.5 Manufacture of energy efficiency equipment for buildings |
AI |
3.8 |
6.5% |
-- |
-- |
-- |
-- |
-- |
|
3.6 Manufacture of other low-carbon technologies |
GM |
24.7 |
41.9% |
-- |
-- |
-- |
-- |
-- |
|
4.9 Transmission and distribution of electricity |
IE |
2.5 |
4.2% |
-- |
-- |
-- |
-- |
-- |
|
4.10 Storage of electricity |
IE |
1.1 |
-- |
1.9% |
-- |
-- |
-- |
-- |
|
8.2 Data-driven solutions for GHG emissions reductions |
GM |
0.1 |
0.1% |
-- |
-- |
-- |
-- |
-- |
CAPEX to EU Taxonomy
|
Business Group |
Taxonomy Aligned |
Taxonomy Eligible |
Not Eligible |
|
All Groups |
Investment and M&A in creating business that make significant contributions and do no harm to the other environmental objectives. |
Investments in new products, new technologies, new processes, safety and environmental equipment, automation, and intelligence equipment |
Investments in general (maintenance/ retirement/ factory repair), expansion of production capacity, efficiency improvement, quality improvement, IT equipment |
|
Economic activities |
Business Group |
Total CAPEX (NTD M) |
(1) climate change mitigation |
(2) climate change adaptation |
(3) water resources |
(4) Circular economy |
(5) Pollution |
(6) Biodiversity |
|
3.3 Manufacture of low-carbon technologies for transport 3.6 Manufacture of other low-carbon technologies |
GM |
29.0 |
5.7 % |
-- |
-- |
-- |
-- |
-- |
|
4.1. Electricity generation using solar photovoltaic technology |
-- |
5.4 % |
-- |
-- |
-- |
-- |
||
|
3.5 Manufacture of energy efficiency equipment for buildings |
AI |
9.8 |
3.8 % |
-- |
-- |
-- |
-- |
-- |
|
4.1. Electricity generation using solar photovoltaic technology |
IE |
108.8 |
-- |
39.7% |
-- |
-- |
-- |
-- |
|
4.9 Transmission and distribution of electricity |
2.2 % |
-- |
-- |
-- |
-- |
-- |
OPEX to EU Taxonomy
|
Business Group |
Taxonomy Aligned |
Taxonomy Eligible |
Not Eligible |
|
All Groups |
Expense on in business organization that make significant contributions and do no harm to the other environmental objectives. |
|
Other expense |
|
Economic activities |
Business Group |
Total OPEX (NTD B) |
(1) climate change mitigation |
(2) climate change adaptation |
(3) water resources |
(4) Circular economy |
(5) Pollution |
(6) Biodiversity |
|
3.3 Manufacture of low-carbon technologies for transport 3.6 Manufacture of other low-carbon technologies 3.5 Manufacture of energy efficiency equipment for buildings 4.1. Electricity generation using solar photovoltaic technology 4.9 Transmission and distribution of electricity 4.10 Storage of electricity |
Entire TECO Group |
1.2 |
15.3 % |
-- |
-- |
-- |
-- |
-- |