TECO Electric & Machinery Co Ltd 2023 SR
The report highlights TECO's commitment to a 50% emission reduction by 2030 and achieving net zero by 2050. In 2023, the company achieved a 74.4% sales ratio for low-carbon products and expanded its renewable energy capacity to 10.58 million kWh, covering 10% of global consumption. Key strategic developments included the opening of new factories in Mexico and India to strengthen regional supply chains. The company also implemented an internal carbon pricing system at NTD 1,600 per ton to incentivize decarbonization across its business groups.
Company: TECO Electric & Machinery Co Ltd
Sector: Industrials
Country: Taiwan
Year: 2023
Type: SR
Pages: 121
TECO Electric & Machinery Co Ltd
Sustainability Report
The report highlights TECO's commitment to a 50% emission reduction by 2030 and achieving net zero by 2050. In 2023, the company achieved a 74.4% sales ratio for low-carbon products and expanded its renewable energy capacity to 10.58 million kWh, covering 10% of global consumption. Key strategic developments included the opening of new factories in Mexico and India to strengthen regional supply chains. The company also implemented an internal carbon pricing system at NTD 1,600 per ton to incentivize decarbonization across its business groups.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
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