TECO Electric & Machinery Co Ltd 2022 SR
The report highlights TECO's commitment to a 10-year 50% emission reduction goal by 2030 and achieving net zero by 2050. In 2022, the company achieved a 12% reduction in emissions compared to 2021 and reached a 10% renewable energy share in its global electricity consumption. Key product achievements include the development of IE5 ultra-high efficiency motors and the expansion of electric vehicle powertrain modules. TECO also implemented an internal carbon pricing system set at NTD 1,600 per ton to incentivize decarbonization across its business groups.
Company: TECO Electric & Machinery Co Ltd
Sector: Industrials
Country: Taiwan
Year: 2022
Type: SR
Pages: 117
TECO Electric & Machinery Co Ltd
Annual Sustainability Report
The report highlights TECO's commitment to a 10-year 50% emission reduction goal by 2030 and achieving net zero by 2050. In 2022, the company achieved a 12% reduction in emissions compared to 2021 and reached a 10% renewable energy share in its global electricity consumption. Key product achievements include the development of IE5 ultra-high efficiency motors and the expansion of electric vehicle powertrain modules. TECO also implemented an internal carbon pricing system set at NTD 1,600 per ton to incentivize decarbonization across its business groups.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English, Chinese
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees