Teco 2030 ASATeco 2030 ASA - ESG Rating & Company Profile powered by AI

Industry Group:Industrial Machinery

This webpage displays a free E,S&G assessment covering Teco 2030 ASA. This Disclosure rating covers 17 United Nations Sustainable Development Goals including: 'Good Health & Wellbeing', 'Climate Action' and 'Life on Land'. This report of Teco 2030 ASA is assembled by All Street Sevva using cutting edge machine learning.

Teco 2030 ASA in the Industrial Machinery industry gained a UN SDG ESG Transparency Score of 6.9; made up of an environmental score of 6.9, social score of 7.0 and governance score of 6.9.

SDG Transparency Score for Teco 2030 ASA 
Low
0 - 3

6.9

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Teco 2030 ASA 
6.9

Environmental

7.0

Social

6.9

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1GEA Group AG
9.0
High
2Ingersoll Rand Inc
8.9
High
182Makita Corp
7.0
High
182Sulzer AG
7.0
High
189Teco 2030 ASA
6.9
High
189Anup Engineering Ltd
6.9
High
189Aquaporin A/S
6.9
High
.........
1261Zhejiang Sanhua Intelligent Controls Co Ltd
0.0
Low
1261Zhejiang Yuejian Intelligent Equipment Co Ltd
0.0
Low
.........
View the full peer group of 1421 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Teco 2030 ASA have an accelerator or VC vehicle to help deliver innovation?

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Does Teco 2030 ASA disclose current and historical energy intensity?

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Does Teco 2030 ASA report the average age of the workforce?

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Does Teco 2030 ASA reference operational or capital allocation in relation to climate change?

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Does Teco 2030 ASA disclose its ethnicity pay gap?

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Does Teco 2030 ASA disclose cybersecurity risks?

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Does Teco 2030 ASA offer flexible work?

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Does Teco 2030 ASA have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Teco 2030 ASA disclose the number of employees in R&D functions?

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Does Teco 2030 ASA conduct supply chain audits?

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Does Teco 2030 ASA disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Teco 2030 ASA conduct 360 degree staff reviews?

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Does Teco 2030 ASA disclose the individual responsible for D&I?

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Does Teco 2030 ASA disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Teco 2030 ASA disclose current and / or historical scope 2 emissions?

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Did Teco 2030 ASA have a product recall in the last two years?

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Does Teco 2030 ASA disclose incidents of discrimination?

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Does Teco 2030 ASA allow for Work Councils/Collective Agreements to be formed?

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Has Teco 2030 ASA issued a profit warning in the past 24 months?

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Does Teco 2030 ASA disclose parental leave metrics?

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Does Teco 2030 ASA disclose climate scenario or pathway analysis?

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Does Teco 2030 ASA disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Teco 2030 ASA disclose the pay ratio of women to men?

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Does Teco 2030 ASA support suppliers with sustainability related research and development?

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Does Teco 2030 ASA disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Teco 2030 ASA reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Teco 2030 ASA involved in embryonic stem cell research?

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Does Teco 2030 ASA disclose GHG and Air Emissions intensity?

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Does Teco 2030 ASA report according to TCFD requirements?

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Does Teco 2030 ASA disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Teco 2030 ASA disclose energy use targets?

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Does Teco 2030 ASA disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Teco 2030 ASA have a policy relating to cyber security?

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Potential Risks for Teco 2030 ASA
These potential risks are based on the size, segment and geographies of the company.

TECO 2030 ASA, together with its subsidiaries, operates as an engineering and equipment development company for the maritime industry in the United States, Malaysia, and internationally. The company offers TECO Marine Fuel Cell, a modular hydrogen proton exchange membrane fuel cell system primarily designed for heavy-duty marine applications offering emission free propulsion by using hydrogen as fuel; TECO Future Funnel; TECO Ballast Water Treatment System, which is used to prevent invasive species and health issues; and TECO - AVL EPOS, a condition monitoring and automatic diagnosis using expert algorithms. It also provides carbon capture and storage solutions. The company was incorporated in 2019 and is headquartered in Lysaker, Norway.

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