Annual Report

Overview

The report describes TECO's 2024 progress toward its climate strategy, including a 50% Scope 1 and Scope 2 reduction target by 2030 and 38.6% cumulative achievement by year-end. It reports 2024 consolidated emissions of 25,318 metric tons CO2e for Scope 1 and 47,367 metric tons CO2e for Scope 2 at full coverage, alongside a 12,968-person global workforce. Environmental initiatives include solar expansion, ISO 14001 coverage across production sites, lower-impact refrigerants, and waste recycling. The report also emphasizes energy-efficient product development and continued investment in green technologies.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Publication date: 7 April 2025
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Statement included

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