TECO Sustainable Development
Sustainability concept and corporate core value
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Motors account for 50% of global power consumption, as well as 70% of industrial power consumption in Taiwan in 2011. The latter according to the Bureau of Energy, under the Ministry of Economic Affairs, motors are responsible for 48.2% of CO2 emission, including indirect emission of power consumption. In Taiwan, whose industrial power consumption in 2011 was 46.7% more than 2001, and 24.6% and 26.8% growth, respectively, for households and service industry. As a global leading electric-machinery firm, TECO is fully aware of the critical importance of raising the energy efficiency of the electric-machinery industry to the reduction of global energy consumption. In line with the global energy-conservation trend, TECO has embraced “TECO GO ECO, energy-conserving TECO and green technology”as the theme of its sustainable development, taking its solid machinery and electricity technological strength in developing complete series of energy-conserving and green products for shipment to the global market, thereby contributing to carbon abatement and reducing impact on the environment.
Heavy electric-machinery industry
With the heavy electric-machinery market saturating, customers have become increasingly demanding on prices. Meanwhile, to cope with climate change, nations worldwide have raised standards on energy efficiency, forcing manufacturers in the line to face the challenges of high energy performance and pricing competition at the same time. Originating from motor production and one of the world's top five motor manufacturers, TECO boasts complete value chain, spanning development, production, and sales, in the U.S. and Taiwan. Taking advantage of its cross-border technological strength, the company has developed complete serious of motors, including IE2, IE3, and IE4, for shipment to major markets worldwide. Moreover, it has developed specialty motors, including anti-explosion motors, electric-car motors, permanent-magnet motors, as well as variable-frequency drive for motors. 
Wind power industry
To cope with global warming and drastic climate change, countries around the world have been sparing no effort in developing renewable energies, setting specific goals, notably for wind power, due to its high economic benefits, such as the European Union aiming to derive half of its power from wind power by 2030.
Backed by its solid technological strength in machinery and electricity, TECO has made rapid inroads into the wind-power sector, known for its high entry threshold, such as the wind-turbine assembly market in the U.S. It has also successfully developed the first indigenous 2MW permanent-magnet wind turbine, boasting the highest local content rate among locally made wind turbines. The company has also set sight on the Chinese wind-power market, boasting huge potential. Moreover, backed by technology transferred from Europe, TECO is developing next-generation large-scale 5MW offshore wind turbine, suited to the Asian climate.
Home appliances industry
Faced with the acute competition on the home-appliances market, TECO focuses on the development of home appliances with the appeal of energy conservation and environmental appeal, notably air conditioners and refrigerators featuring variable-frequency control technology. A local pioneer with over 10 years of experience in this field, TECO has developed not only AC but also DC variable-frequency drive technology, facilitating the rollout of energy-conserving and comfortable products, which have met customer demand and induced upgrading of the domestic home-appliances industry. To achieve breakthrough for mature products, the company has also developed, or introduced, high value-added new products and key components/parts, such as smart variable-frequency refrigerators, featuring self-developed Smart variable-frequency drive technology and Japanese vacuum insulated device, multi-temperature layer refrigerator, BLDC direct-drive variable-frequency washing machine, flexible VRF (variable refrigerant flow) air conditioner, SAA (Smart Appliance Alliance) air conditioner, and HEPA medical-filter air conditioner, all boasting differentiated functions which boost competitiveness.In the wake of the acquisition of Taiwan's largest contract chiller maker, TECO's share in the domestic commercial air-conditioner market has risen to 35% and the company is aggressing foraying into overseas markets. Backed by its core motor and variable-frequency drive technology, the company has been developing high energy-performance industrial-use refrigerant products, such as box-type air conditioners, central air conditioning system, centrifugal and other types of chillers, variable-frequency VRF air conditioner, and train-car air conditioners.
Regarding power business, the company has accumulated abundant engineering experience in electric machinery for buildings, MRT (mass rapid transit) system, and high-speed rail. In addition, it has landed orders for electric machinery of central office of information/communications systems, as well as orders for high-voltage GIS (gas insulated switch) products from state-run Taiwan Power. It also plans to set up development platform for specialty electric-car products.
CSR commitment
On TECO's Sustainability Report
Teco Sustainability Commitment
Stakeholder issue and interests
Performance for Key Issuesof Concern to Stakeholders
Greenness & Energy Conservation
Development of green products
Green energy-conservation solutions
Development of new green energy businesses
Green supply chain
Sustainable Development
Operation performance
Sustainability concept and corporate core value
Corporate governance
Risk Management
Legal compliance
Earth Friendliness
Impact of the electric machinery industry on the environment
Environment-related achievements and performance
Green product life cycle
Customer Satisfaction
Products and norms
Premium quality management
Customer services
Customer satisfaction
Human Resource
Human-resources policy
Human-resources management
Communications channel
Career development
Compensations and benefits
Work-Life balance
Occupational health and safety
Social Contribution
Innovation Teco, technology and humanism jointly developed
Scientific education
Creativity education
Sustainable education for aboriginal tribes
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