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 53 is higher than 94% 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 2023, Teco Electric and Machinery Co. reported significant carbon emissions, totalling approximately 14914000 kg CO2e for Scope 1 and about 47424000 kg CO2e for Scope 2. However, the most substantial impact comes from Scope 3 emissions, which reached an astounding 63955674090 kg CO2e. This includes emissions from the use of sold products, accounting for about 63694825000 kg CO2e, highlighting the importance of addressing downstream impacts in their sustainability strategy. Teco has set ambitious climate commitments, aiming for a 20% reduction in energy consumption and emissions by 2025, using 2015 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions. Furthermore, the company has declared a long-term goal of achieving net zero emissions across all scopes by 2050, demonstrating a commitment to comprehensive climate action. Overall, Teco Electric and Machinery Co. is actively working towards reducing its carbon footprint while addressing the broader implications of its operations on climate change.
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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 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.
