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 38 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Teco Electric And Machinery Co's reported carbon emissions
In 2023, Teco Electric and Machinery Co, headquartered in Taiwan (TW), reported total carbon emissions of approximately 63,956,000 kg CO2e. This figure includes 14,914,000 kg CO2e from Scope 1 emissions, 47,424,000 kg CO2e from Scope 2 emissions, and a significant 63,955,674,090 kg CO2e from Scope 3 emissions, which primarily stem from the use of sold products. Over the years, Teco has shown a commitment to addressing its carbon footprint. In 2022, the company recorded total emissions of about 76,543,550 kg CO2e, with Scope 1 and 2 emissions amounting to 13,298,520 kg CO2e and 24,197,700 kg CO2e, respectively. The company has not publicly disclosed specific reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi), nor has it made any formal climate pledges. Teco's emissions data reflects a growing awareness of climate impact, particularly in its Scope 3 emissions, which are notably high due to the nature of its operations. The company continues to navigate the challenges of reducing its carbon emissions while maintaining its operational efficiency and revenue growth.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 20,400,540 | 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 |
| Scope 3 | - | - | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 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 committed to any reduction initiatives 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.
