What are Mission Vision & Core Values of TECO Company?

TECO consistently invests in research and development to bring cutting-edge solutions to the market. This includes advancements in motor technology, IIoT integration, and low-carbon product development. This dedication to innovation drives the TECO company forward.

A significant portion of TECO's revenue comes from high-efficiency motors (IE3 and above), highlighting their commitment to energy conservation. This focus aligns with global sustainability goals and provides value to customers seeking to reduce their environmental footprint. This is part of TECO's guiding principles.

TECO offers customized solutions and services to meet specific customer needs, ensuring safety, stability, and cost reduction. This customer-focused approach is central to their mission. A customer-centric approach is what defines TECO's core value statements.

The integration of IIoT systems and the development of smart products demonstrate TECO's commitment to automation and intelligent solutions. This focus provides customers with enhanced efficiency and operational insights. This is part of TECO's strategic goals.

TECO's emphasis on low-carbon products and services, which accounted for 74.4% of sales in 2023, underscores its commitment to environmental sustainability. This is a key component of the TECO mission and addresses growing global concerns. This is part of TECO's ethical values.

TECO's focus on developing high value-added areas like smart products and system solutions further underscores their commitment to intelligence and automation. This demonstrates TECO's long-term vision for the future.

TECO aims to be a central force in the global trends of electrification, intelligence, and green energy. This positions the company as a catalyst for change within the industry. This vision is supported by concrete actions and investments in these areas.

TECO's vision builds upon its core expertise in heavy electric equipment and motors. The company is strategically expanding into high-value-added areas such as smart products, system solutions, renewable energy, and energy storage. This expansion is crucial for achieving its long-term goals.

TECO's consistent inclusion in sustainability indices, like the Dow Jones Sustainability Index (DJSI) for five consecutive years, underscores its commitment to its vision. In 2024, TECO ranked first in ESG evaluation among electromechanical stocks in emerging markets. This recognition validates its dedication to environmental, social, and governance principles.

TECO has set ambitious goals to reduce its environmental impact, specifically aiming for a 50% reduction in carbon emissions by 2030 and net-zero emissions by 2050. These targets demonstrate a concrete commitment to realizing its green energy vision and align with global sustainability efforts.

The development of solutions for electric vehicles, smart manufacturing, smart energy, and smart cities directly supports TECO's vision. These innovations are central to its strategy for promoting electrification and intelligence across various sectors. The company is investing heavily in research and development to achieve these goals.

By focusing on electrification, intelligence, and green energy, TECO is positioning itself for long-term success in a rapidly evolving market. This strategic focus is crucial for the company's future growth and resilience. Understanding the Target Market of TECO is essential to understanding how TECO aims to achieve its vision.

The impact of TECO's strategic alignment with its mission and vision is measurable through several key performance indicators. The increasing revenue from low-carbon products and consistent recognition in sustainability indices highlight the effectiveness of their approach.

A significant portion of TECO's revenue is derived from low-carbon products, demonstrating the financial success of its sustainability-focused strategy. In 2025, 73.8% of total product revenue came from low-carbon products, up from 74.4% in 2023.

TECO's commitment to sustainability is recognized by its consistent ranking in sustainability indices. The company has consistently ranked in the global top 1% in the DJSI and S&P Sustainability Yearbook in 2025.

Leadership actively reinforces the TECO principles and TECO core values. Chairman Morris Li has emphasized that sustainability is at the core of TECO's strategy, driving green innovation and focusing on electrification, intelligence, and green energy.

TECO's strategic initiatives, such as the acquisition of NCL Energy and participation in industry events, are directly linked to its vision of expanding its footprint in the electrification and green energy sectors. These actions demonstrate a proactive approach to achieving its long-term vision.

TECO's future vision is firmly rooted in green innovation, with a continued focus on electrification, intelligence, and green energy. This commitment is evident in its strategic investments and product development efforts.

Leadership plays a vital role in reinforcing the . Chairman Morris Li consistently emphasizes sustainability and the focus on electrification, intelligence, and green energy as core to TECO's strategy. The appointment of Kao Fei-Yuan as president in 2025 further reinforces this commitment.

TECO communicates its to stakeholders through various channels. This includes its official website, sustainability reports, and investor conferences, ensuring transparency and alignment with its guiding principles. They also embed sustainability management into their corporate culture.

TECO has integrated sustainability into its corporate culture through several initiatives. Implementing 'Sustainability KPIs' and linking managerial bonus payouts to sustainability performance demonstrates a tangible commitment. Furthermore, the establishment of an internal carbon pricing mechanism and carbon fund underscores a formal system to ensure alignment with its goals.

• Sustainability KPIs: TECO has implemented specific, measurable, achievable, relevant, and time-bound (SMART) KPIs related to sustainability. These include targets for reducing carbon emissions, increasing the use of renewable energy, and improving energy efficiency across its operations.
• Managerial Bonus Payouts: A significant portion (e.g., 10-15%) of managerial bonuses is directly tied to the achievement of sustainability KPIs. This incentivizes managers to prioritize and actively pursue sustainability goals.
• Internal Carbon Pricing: TECO has established an internal carbon pricing mechanism, assigning a monetary value to carbon emissions. This encourages business units to reduce their carbon footprint and invest in carbon-reducing projects.
• Carbon Fund: The carbon fund is used to finance projects aimed at reducing the company's carbon emissions, such as investments in renewable energy, energy efficiency upgrades, and carbon offset programs.

The TECO Technology Foundation's activities, such as the 'Net Zero Tech International Contest,' serve to communicate and promote the company's and vision to a wider audience, fostering innovation and engagement in line with its strategic goals.