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Sustainability

Sustainability

Corporate Social Responsibility Report

Dear Stakeholder:

Thank you for your interest in TECO Energy’s corporate social responsibility, and how we view and address the needs of our investors, our customers, our team members, the communities in which we operate, and our environment.

This document builds on the 2005 environmental report published by our principal business, Tampa Electric, which details our company’s industry-leading emissions reduction activities. We’ve expanded our reporting for 2006 to include all five major businesses, and to explain how we view and act on our responsibilities to other key stakeholders of our company.

At TECO Energy, we believe strongly that our accomplishments, detailed in this report, demonstrate that an electric utility can balance the competing needs of its key stakeholders:

  • Investors – for shareholder value, including a fair return and sound corporate governance, rigorous corporate compliance and high ethical standards;
  • Customers – for reliable, affordable energy and related services and strong customer service;
  • Team members – for an equitable workplace, with fair compensation and benefits, including opportunities for training and development;
  • Community – for volunteerism and philanthropy supporting important causes; and
  • Environment – for a business strategy with an emphasis on minimizing impact to the air, land and water of the areas in which we operate.

I invite you to download and review our 2006 Corporate Social Responsibility report: “Sustaining tomorrow. For our customers, our team members and our shareholders.”

Corporate social responsibility is central to TECO Energy’s identity. Please know that each of our more than 5,000 team members is working hard to continue to be the kind of company that benefits all of these key stakeholders.

Sincerely,

Sherrill Hudson

Sherrill W. Hudson
Chairman and Chief Executive Officer