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TECO Earns Global ESG Recognition with S&P Global Sustainability Yearbook and Dow Jones Best-in-Class Indices Inclusion

Business

TECO Earns Global ESG Recognition with S&P Global Sustainability Yearbook and Dow Jones Best-in-Class Indices Inclusion
Business

Business

TECO Earns Global ESG Recognition with S&P Global Sustainability Yearbook and Dow Jones Best-in-Class Indices Inclusion

2026-05-13 21:00 Last Updated At:21:15

TAIPEI, May 13, 2026 /PRNewswire/ -- The S&P Global Sustainability Yearbook Awards Ceremony was held in Taipei on May 13. TECO Electric & Machinery Co., Ltd. (TWSE: 1504) was named to the 2026 edition of The Sustainability Yearbook by global index and ratings agency S&P Global for the sixth time, in recognition of its long-standing commitment to sustainable management.

TECO has also been selected for the Dow Jones Best-in-Class Indices (DJBICI), underscoring its continued progress across environmental, social, and governance dimensions. TECO Chairman Morris Li stated that sustainable development is a core element of TECO's long-term competitiveness. Guided by its focus on electrification, intelligence, and green energy, TECO will further advance ESG governance, operational carbon reduction, and low-carbon innovation in line with international sustainability standards, strengthening its resilience amid the global transition toward net zero.

In recent years, TECO Group has actively embedded sustainability into its global operations. TECO has set a target to reduce operational emissions by 50% over a ten-year period by 2030 and, by 2025, had achieved a reduction of more than 40%. TECO has also continued to install solar power generation facilities at its own sites, with global installed capacity exceeding 17 MW in the same year, steadily advancing toward its 2030 goal of having renewable energy account for 30% of the Group's total electricity consumption.

To translate carbon reduction commitments into concrete management mechanisms, TECO has introduced an internal carbon pricing mechanism of NT$1,600 per metric ton of CO2e and established an internal carbon fund mechanism to support investments in energy management, renewable energy, low-carbon innovation, and capability building. Through this mechanism, three low-carbon proposals were launched last year, with expected annual carbon reductions approaching 1,000 metric tons of CO2e. TECO has also implemented an energy management program and publicly disclosed energy consumption information to strengthen energy performance management, enhance operational transparency, and continuously improve energy efficiency.

Beyond reducing emissions from its own operations, TECO has extended its sustainability influence to supply chain and industry partners. For two consecutive years, TECO has participated in the "Net-Zero Transformation Promotion Program for the Manufacturing Sector" initiated by the Industrial Development Administration, Ministry of Economic Affairs. Working with more than 20 corporate partners, TECO has formed a "1+N Carbon Management Demonstration Team" to help supply chain partners strengthen carbon management and low-carbon transformation capabilities through carbon inventory assessments and in-depth energy-saving guidance.

In corporate governance, TECO's Board of Directors oversees climate-related issues and sustainability strategies. TECO has also linked concrete KPIs, including carbon reduction results, carbon intensity, and green supply chain performance, to senior executives' performance evaluations, establishing a dual mechanism of "governance plus incentives" to ensure that sustainability goals are effectively integrated into organizational management and operational performance.

As TECO marks its 70th anniversary this year, TECO will take this milestone as an important step toward its next stage of growth and transformation, continuing to deepen its "B (Business) 2B (Business) 2S (Sustainability)" philosophy and working with global customers and suppliers to move together toward a net-zero future.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

TECO Earns Global ESG Recognition with S&P Global Sustainability Yearbook and Dow Jones Best-in-Class Indices Inclusion

TECO Earns Global ESG Recognition with S&P Global Sustainability Yearbook and Dow Jones Best-in-Class Indices Inclusion

  • Expands sun care portfolio with "Scalp Sun Essence" and photoprotective hair composition
  • Introduces a new method for evaluating UV protection efficacy for hair, published in an international academic journal

SEOUL, South Korea, May 13, 2026 /PRNewswire/ -- Kolmar Korea, a leading force behind the global K-sunscreen boom, is accelerating its expansion into the next-generation sun care market by extending its expertise beyond skin to include scalp and hair protection.

As the global "skinification" trend continues to grow—encouraging consumers to care for the scalp and hair as an extension of skincare—Kolmar Korea has developed UV protection solutions for the scalp and photoprotective technologies for hair, while also introducing a new evaluation method for measuring hair UV protection efficacy.

Kolmar Korea recently developed a dedicated scalp sunscreen product, the "Scalp Sun Essence." Offering SPF50+ protection, the product is designed for direct application onto the scalp.

Unlike conventional sunscreens, which are often difficult to use on the scalp or hair due to heavy oil content, the Scalp Sun Essence combines water-soluble and lipophilic UV filters at an optimized ratio to deliver a lightweight texture.

Kolmar Korea plans to expand the category into formats such as mists and sprays, while also developing cleansers for scalp sun care. The company aims to launch the product in Korea this year before expanding globally, including the U.S. market next year.

In addition to scalp care, Kolmar Korea has also developed a "photoprotective hair composition" designed to shield hair from harmful light exposure, including ultraviolet rays.

Hair is continuously exposed to UV radiation and other harmful light, which can cause discoloration, dryness, and breakage over time. However, most conventional haircare products have primarily focused on preventing heat damage rather than light-induced damage.

To address this gap, Kolmar Korea developed technology capable of protecting hair from photodamage using specific silicone oils with large molecular structures and high refractive indices to scatter light effectively. This approach reduces light stabilizers used for photoprotection and olis needed to dissolve them, while still delivering a lightweight feel.

The formulation can also be expanded into multifunctional products by incorporating active ingredients such as biotin, panthenol, and niacinamide, enabling benefits including hair loss symptom relief, scalp soothing, and sebum and pore care.

Kolmar Korea has also proposed a new method for objectively evaluating UV protection efficacy for hair.

Previously, there had been no standardized method for measuring UV protection performance on hair. To address this, the company developed a method that analyzes changes in hair color before and after UV exposure to assess damage levels and measure UV protection performance.

The study was published last year in the international dermatology journal Skin Research and Technology (Impact Factor: 3.2), gaining recognition for its scientific significance.

"As the global sun care market becomes increasingly segmented, demand for scalp and hair protection solutions is growing rapidly," said a representative from Kolmar Korea. "Leveraging our R&D capabilities spanning product development, material innovation, and efficacy evaluation, we aim to lead the next-generation hair sun care market."

Kolmar Korea, which accounts for more than 70% of Korea's sun care market, is widely recognized as a leading player behind the global rise of K-sunscreens. In 2013, the company became the first in the Korean cosmetics industry to obtain OTC certification from the U.S. FDA.

In 2022, Kolmar Korea further strengthened its research capabilities by establishing Korea's first dedicated UV protection research center, the "UV Tech Innovation Lab." More recently, sunscreens co-developed by Kolmar Korea with globally popular K-beauty brands including Beauty of Joseon, SKIN 1004, and Round Lab surpassed 100 million units in cumulative global sales.

  • Expands sun care portfolio with "Scalp Sun Essence" and photoprotective hair composition
  • Introduces a new method for evaluating UV protection efficacy for hair, published in an international academic journal

SEOUL, South Korea, May 13, 2026 /PRNewswire/ -- Kolmar Korea, a leading force behind the global K-sunscreen boom, is accelerating its expansion into the next-generation sun care market by extending its expertise beyond skin to include scalp and hair protection.

As the global "skinification" trend continues to grow—encouraging consumers to care for the scalp and hair as an extension of skincare—Kolmar Korea has developed UV protection solutions for the scalp and photoprotective technologies for hair, while also introducing a new evaluation method for measuring hair UV protection efficacy.

Kolmar Korea recently developed a dedicated scalp sunscreen product, the "Scalp Sun Essence." Offering SPF50+ protection, the product is designed for direct application onto the scalp.

Unlike conventional sunscreens, which are often difficult to use on the scalp or hair due to heavy oil content, the Scalp Sun Essence combines water-soluble and lipophilic UV filters at an optimized ratio to deliver a lightweight texture.

Kolmar Korea plans to expand the category into formats such as mists and sprays, while also developing cleansers for scalp sun care. The company aims to launch the product in Korea this year before expanding globally, including the U.S. market next year.

In addition to scalp care, Kolmar Korea has also developed a "photoprotective hair composition" designed to shield hair from harmful light exposure, including ultraviolet rays.

Hair is continuously exposed to UV radiation and other harmful light, which can cause discoloration, dryness, and breakage over time. However, most conventional haircare products have primarily focused on preventing heat damage rather than light-induced damage.

To address this gap, Kolmar Korea developed technology capable of protecting hair from photodamage using specific silicone oils with large molecular structures and high refractive indices to scatter light effectively. This approach reduces light stabilizers used for photoprotection and olis needed to dissolve them, while still delivering a lightweight feel.

The formulation can also be expanded into multifunctional products by incorporating active ingredients such as biotin, panthenol, and niacinamide, enabling benefits including hair loss symptom relief, scalp soothing, and sebum and pore care.

Kolmar Korea has also proposed a new method for objectively evaluating UV protection efficacy for hair.

Previously, there had been no standardized method for measuring UV protection performance on hair. To address this, the company developed a method that analyzes changes in hair color before and after UV exposure to assess damage levels and measure UV protection performance.

The study was published last year in the international dermatology journal Skin Research and Technology (Impact Factor: 3.2), gaining recognition for its scientific significance.

"As the global sun care market becomes increasingly segmented, demand for scalp and hair protection solutions is growing rapidly," said a representative from Kolmar Korea. "Leveraging our R&D capabilities spanning product development, material innovation, and efficacy evaluation, we aim to lead the next-generation hair sun care market."

Kolmar Korea, which accounts for more than 70% of Korea's sun care market, is widely recognized as a leading player behind the global rise of K-sunscreens. In 2013, the company became the first in the Korean cosmetics industry to obtain OTC certification from the U.S. FDA.

In 2022, Kolmar Korea further strengthened its research capabilities by establishing Korea's first dedicated UV protection research center, the "UV Tech Innovation Lab." More recently, sunscreens co-developed by Kolmar Korea with globally popular K-beauty brands including Beauty of Joseon, SKIN 1004, and Round Lab surpassed 100 million units in cumulative global sales.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

K-Beauty Sunscreen Leader Kolmar Korea Expands into Scalp and Hair Sun Care

K-Beauty Sunscreen Leader Kolmar Korea Expands into Scalp and Hair Sun Care

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