TECO Electric & Machinery has again partnered with National Yunlin University of Science and Technology for a second consecutive year to take part in the “1+N Carbon Management Demonstration Team Project”, overseen by the Industrial Development Administration under the Ministry of Economic Affairs and implemented by the Taiwan Institute of Economic Research. A “Greenhouse Gas Inventory Kick-off Meeting” was held today (13 June) at TECO’s Hukou Plant, marking the official start of its supply chain carbon management strategy – a key step in progressing towards net zero.
TECO President, Mr Fei-Yuan Kao, noted that following last year’s collaboration with suppliers from the Green Mechatronic Solution Business Group, the 2024 initiative is expanding to include suppliers from the Intelligence Energy Business Group. Staying true to the company’s belief in “working side by side with global partners to create a sustainable and prosperous future”, TECO is driving carbon reduction initiatives throughout its supply base to build a stronger, more competitive low-carbon value chain.
As part of the 2024 “1+N” project, TECO brought together several supplier partners from the Green Mechatronic Solution Business Group. Through training, GHG inventory reviews and energy-saving diagnostics, they pinpointed emissions hotspots and developed practical low-carbon strategies. With support from the digital net-zero carbon reduction platform developed by TECO’s affiliate, Tecom, suppliers completed their greenhouse gas inventories and submitted results to TECO – providing a solid base for future emissions reductions.
Drawing on the lessons from last year, TECO will continue its involvement in 2025. The scope will extend further to include suppliers in power equipment, metal products and machinery manufacturing. The goal: support partners in achieving low-carbon transformation, with a target of cutting 1,000 tonnes of emissions and saving 1.2 million kilowatt-hours of electricity. One supplier will also be supported through third-party verification of its carbon inventory.
Vice President Han-Bang Su of the Taiwan Institute of Economic Research thanked TECO for its continued leadership and commitment to collaborative decarbonisation. Dean Chao-Hung Chen from Yunlin University’s College of Management added that their expert team from the Centre for Sustainable Development and Value Management will continue to provide advisory support for supply chain decarbonisation.
TECO has now been named in the Dow Jones Sustainability Index (DJSI) Emerging Markets category for five consecutive years. In 2024, the company achieved the industry’s highest score in supply chain management – a critical metric in the electromechanical sector. TECO remains focused on its long-term vision to be “the key driver in realising global electrification, intelligence, and green energy”, and has set a firm target to halve operational emissions by 2030.
With this year’s “1+N” project, TECO is committed to exceeding expectations and building a resilient, low-carbon supply chain that strengthens its position as a sustainability leader in the region.