TECO Electric Machinery Co Ltd

Common Name
TECO Electric Machinery
Country
Taiwan
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
N/A
Ticker
1504
Exchange
TAIWAN STOCK EXCHANGE
Description
Teco Electric & Machinery Co., Ltd. is a prominent industrial company specializing in the production of electric motors and electronics. Founded in 1956 and headquartered in Taiwan, Teco is a key play...

TECO Electric Machinery's Climate Target Data Preview

As of 2023, TECO Electric Machinery has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into TECO Electric Machinery ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
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Verified Sources Behind TECO Electric Machinery’s Climate Targets Data

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a. TECO Electric Machinery's Sustainability Report 2023
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Insights into TECO Electric Machinery's Greenhouse Gas Emissions Pathways

As of 2023, TECO Electric Machinery has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does TECO Electric Machinery have a target to reduce the emissions from its operations?

As of 2023, TECO Electric Machinery has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

TECO Electric Machinery's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 92,334 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2023, TECO Electric Machinery is ahead of schedule on its operational emissions reduction target, having achieved 40.4% of the planned reduction. a

TECO Electric Machinery's Operational (Scope 1+2) Emissions Pathway

2020202320252030025 k50 k75 k100 kBaselineCurrent (-20%)Target 2025 (-34%)Target 2030 (-50%)
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