TECO Electric Machinery Co Ltd
TECO Electric Machinery's GHG Emissions Data Preview
In 2024, TECO Electric Machinery completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
TECO Electric Machinery has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
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bVerified Sources Behind TECO Electric Machinery’s Greenhouse Gas (GHG) Emissions Data
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Insights into TECO Electric Machinery's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of TECO Electric Machinery amounted to 52,007 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of TECO Electric Machinery decreased by 16.57%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
TECO Electric Machinery's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are TECO Electric Machinery's Scope 1 emissions?
In 2024, the total Scope 1 emissions of TECO Electric Machinery were 13,728 metric tons of CO₂ equivalent (tCO₂e). a
Has TECO Electric Machinery reduced its Scope 1 emissions over time?
Since 2020, TECO Electric Machinery's Scope 1 emissions have decreased by 29.62%, reflecting a declining long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), TECO Electric Machinery's Scope 1 emissions decreased by 7.95%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are TECO Electric Machinery's Scope 2 emissions?
In 2024, TECO Electric Machinery reported Scope 2 greenhouse gas (GHG) emissions of 38,279 tCO₂e without specifying the calculation method. a
Has TECO Electric Machinery reduced its Scope 2 emissions over time?
Since 2020, TECO Electric Machinery's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 29.22%, reflecting a declining long-term trend in Scope 2 emissions over time. a c
Compared to the previous year (2023), TECO Electric Machinery's Scope 2 emissions (Unspecified Calculation Method) fell by 19.28% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does TECO Electric Machinery use for Scope 2 reporting?
In 2024, TECO Electric Machinery reported its Scope 2 emissions using an unspecified methodology. a
TECO Electric Machinery's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into TECO Electric Machinery's Value Chain Emissions
In 2024, TECO Electric Machinery reported 82,663,386.22 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of TECO Electric Machinery includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
TECO Electric Machinery's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are TECO Electric Machinery's Scope 3 emissions?
In 2024, TECO Electric Machinery reported total Scope 3 emissions of 82,663,386.22 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 1.32% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.68% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has TECO Electric Machinery reduced its Scope 3 emissions over time?
Since 2020, TECO Electric Machinery's Scope 3 emissions have increased by 763.47%, reflecting a rising long-term trend in Scope 3 emissions over time. a c
Compared to the previous year (2023), TECO Electric Machinery's Scope 3 emissions increased by 29.24%, suggesting that the company faced challenges in reducing emissions across its value chain. a b
What categories of Scope 3 emissions does TECO Electric Machinery disclose?
In 2024, TECO Electric Machinery reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of TECO Electric Machinery's Scope 3 emissions?
In 2024, the largest contributors to TECO Electric Machinery's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 26,808,760 tCO₂e (98.68%)
- Purchased Goods and Services (Cat. 1): 327,238.3 tCO₂e (1.2%)
- Fuel- and Energy-Related Services (Cat. 3): 15,017.18 tCO₂e (0.06%)
TECO Electric Machinery's Scope 3 Emissions by Categories
Insights into TECO Electric Machinery’s GHG Emissions Intensity Compared to Industry Peers
In 2024, TECO Electric Machinery reported Scope 1 greenhouse gas (GHG) emissions of 13,728 tCO₂e and total revenues of USD 1,686 millions. This translates into an emissions intensity of 8.14 tCO₂e per millions USD. a
TECO Electric Machinery's Scope 1 Emissions Intensity Compared to Peers
How does TECO Electric Machinery's GHG emissions intensity compare to its peers?
In 2024, TECO Electric Machinery reported a Scope 1 emissions intensity of 8.14 tCO₂e per millions USD. Compared to the peer group median of 5.55 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does TECO Electric Machinery rank on GHG emissions intensity within its industry?
In 2024, TECO Electric Machinery ranked 16 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
TECO Electric Machinery is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into TECO Electric Machinery's Total Carbon Footprint
In 2024, TECO Electric Machinery reported a total carbon footprint of 82,715,393.22 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 29.2% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to TECO Electric Machinery's total carbon footprint was Scope 3 emissions, accounting for 99.94% of the company's total carbon footprint, followed by Scope 2 emissions at 0.05%. a