TSMC 2024 Sustainability Report Now Available Online
Integrating the Humanities with Technology Innovation, Thriving with Nature, and Building a Brilliant and Sustainable Future
As a leading global provider of semiconductor technology and capacity, TSMC is committed to empowering innovation and exploring the infinite possibilities of technology. TSMC manages its actions and results through its five sustainability roles, based on five ESG directions. The latest TSMC 2024 Sustainability Report shows how the Company has gained insight into global trends and industry dynamics over the past year, integrated its philosophy of responsible business into operations, and worked with stakeholders to create positive changes in the three dimensions of economy, environment, and society to create a new chapter of inclusiveness and common good.
TSMC builds a responsible and sustainable future, harnessing technology, expertise, and passion to elevate human welfare and safeguard our ecological environment hand in hand with our stakeholders.
In response to global sustainability regulations and trends, TSMC is strengthening ESG governance structures and internal control mechanisms and strives to contribute to a resilient, inclusive, and shared future for all.
Disclosing Sustainability Culture Strategy for the First Time to Expand the Influence of Sustainable Governance
To foster internal consensus and encourage full engagement in ESG initiatives, the 2024 Sustainability Report discloses for the first time how TSMC has adopted the Organization for Economic Cooperation and Development (OECD) "Learning Compass 2030" framework to develop its internal sustainability culture strategy. This includes launching a series of empowerment actions aimed at enhancing employees' sustainability literacy, equipping them with transformational management skills to address future challenges, and shaping a comprehensive corporate sustainability culture.
In addition, TSMC has further integrated its ESG Implementation Framework with the concept of Double Materiality, extending its sustainability governance structure to encompass financial materiality by evaluating four key factors: Revenue Growth, Customer Satisfaction, Employee Cohesion, and Operational Risk. At the same time, the Company has adopted the OECD framework "Measuring Business Impacts on People's Well-being and Sustainability" to assess impacts of value chain activities on eight dimensions of wellbeing: Health, Social Connections, Environment Quality, Subjective Wellbeing, Jobs and Earnings, Work-Life Balance, Income and Wealth, Education and Skills. This approach aims to strengthen corporate operations and financial performance, creating shared sustainability value.
| Five Roles | Click to Read | Key Actions |
|---|---|---|
| An Innovation Pioneer | ↗ | Successfully completed risk production of 2-nanometer (N2) technology, leading the industry in driving technological innovation |
| ↗ | Established the "Trade Secrets Sustainable Intelligent Management Center" to enhance intellectual property management | |
| ↗ | Collaborated with 105 schools worldwide to cultivate semiconductor talent, accelerating the momentum of industry development | |
| ↗ | Achieved 100% elimination of NMP in etching and cleaning processes at TSMC overseas fabs, improving hazardous substance management | |
| ↗ | Launched a new FTP account service to upgrade cybersecurity and customer experience | |
| A Responsible Purchaser | ↗ | Published the "Sustainable Raw Material Policy" to promote resource regeneration |
| Set the "T.S.M.C. Supply Chain Carbon Reduction Strategy" to assist suppliers in green transformation | ||
| Advanced the "Supply Chain Carbon Reduction Subsidy Project," driving NT$5.5 billion in carbon reduction investments | ||
| ↗ | Incorporated carbon reduction performance into supplier selection criteria to accelerate progress in supply chain emissions reduction | |
| A Practitioner of Green Power | Committed to proposing a carbon reduction pathway compliant with SBTi by 2026, practicing environmental sustainability | |
| ↗ | Initiated the "Eco Plus! Ecological Harmony Program" to strengthen protection of nature and biodiversity | |
| Developed diverse water resource initiatives, incorporating Water Positive into long-term water management goals | ||
| Officially launched the Zero Waste Manufacturing Center to achieve resource recycling and zero waste | ||
| Optimized air pollution prevention and treatment equipment, achieving a 90% reduction rate in N2O | ||
| An Admired Employer | Introduced the "Inclusion Champion Program" to assist employees in fostering workplace inclusivity | |
| Established the first local ERG in the U.S., "Veterans@tsmc," to support career development for veterans | ||
| Started the "TSMC ChildCare Benefit Program 3.0" to support employees' caregiving needs | ||
| Developed and implemented personal protective equipment with diverse sizes to enhance worker safety | ||
| Power to Change Society | Partnered with the TSMC Education and Culture Foundation and TSMC Charity Foundation for social engagement in five core areas, addressing external needs | |
| Integrated the Business for Social Impact (B4SI) framework and the Impact Reporting and Investment Standards (IRIS) indicators to establish systematic social impact management methods, measuring and disclosing projects' impacts on society and the environment |
With a belief in "Driving Positive Change," TSMC embraces innovation at its core, integrating a spirit of humanistic care and harmony with nature. Together with stakeholders, TSMC gathers positive forces to advance corporate sustainability efforts. To learn more about our sustainability initiatives, please refer to the "TSMC 2024 Sustainability Report," visit our ESG website, and subscribe to the TSMC ESG newsletter to stay updated on the latest developments.
Stay Connected
Subscribe to our newsletter for the latest updates and explore sustainability with us.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.