Teco Electric And Machinery Co
Teco Electric and Machinery Co., Ltd., commonly referred to as Teco, is a leading player in the electrical and machinery industry, headquartered in Taiwan (TW). Founded in 1956, Teco has established a strong presence in various operational regions, including Asia, Europe, and North America. The company is renowned for its diverse range of products and services, including electric motors, power systems, and automation solutions, which are distinguished by their innovative technology and reliability. With a commitment to quality and sustainability, Teco has achieved significant milestones, positioning itself as a trusted brand in the global market. The company’s dedication to research and development has led to numerous accolades, solidifying its reputation as a pioneer in energy-efficient solutions. Teco continues to drive advancements in the industry, making it a formidable competitor in the electrical and machinery sector.
DitchCarbon Score
How does Teco Electric And Machinery Co's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Teco Electric And Machinery Co's score of 67 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Teco Electric And Machinery Co's reported carbon emissions
In 2024, Teco Electric and Machinery Co., headquartered in Taiwan (TW), reported total carbon emissions of approximately 73,752,000 kg CO2e. This figure includes 13,728,000 kg CO2e from Scope 1 emissions, 38,279,000 kg CO2e from Scope 2 emissions, and a significant 18,756,913,220 kg CO2e from Scope 3 emissions, which encompasses categories such as the use of sold products and purchased goods and services. In 2023, the company recorded total emissions of about 73,685,000 kg CO2e, with Scope 1 emissions at 14,914,000 kg CO2e and Scope 2 emissions at 47,424,000 kg CO2e. The Scope 3 emissions for that year were approximately 14,533,307,000 kg CO2e. Teco has set ambitious climate commitments, aiming for net zero emissions by 2050 across all scopes. This long-term target was established in 2023 and reflects the company's commitment to sustainability. Additionally, Teco has pledged to reduce its emissions by 20% by 2025, using 2015 as the baseline year, specifically targeting Scope 1 and Scope 2 emissions. The company’s emissions data is independently reported and does not cascade from any parent organization, ensuring that their climate commitments and performance are directly attributable to Teco Electric and Machinery Co.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 20,400,540 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 33,229,980 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Teco Electric And Machinery Co is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
