As we progress towards corporate sustainability, TSMC places great importance on the expectations and demands of internal and external stakeholders. As such, TSMC has established a framework for ESG disclosure in compliance with the latest AA 1000 Accountability Principle issued in 2018. The framework is established on the four major principles of Inclusivity, Materiality, Responsiveness, and Impact. Each year, TSMC regularly evaluates stakeholder feedback and ESG trends through diverse communication channels. We also continue to conduct materiality analysis to identify material ESG topics and establish long-term ESG targets, adopt action plans, and track ESG progress and efficacy accordingly. GRI Standards are also adopted by TSMC as the enduring standard for identifying material issues within TSMC. We have integrated ERM (enterprise risk management) to assess the trends and impact of risks posed by material ESG issues, explain to the public how TSMC is mitigating risks, and build a resilient organization capable of thriving under changing global landscapes.
Roles | Material Issues | Operational Impact | GRI Standard Specific Topics | Upstream | TSMC Operations | Downstream | |||||
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Profitability | Revenue | Customer Satisfaction | Employee Cohesion | Risk | c | Procurement Stage | Wafer Fabrication | Packaging/ Testing | Customer Use | ||
An Innovation Pioneer | Innovation Management | ✓ | ✓ | ✓ | Energy | ✓ | ✓ | ✓ | |||
Product Quality | ✓ | ✓ | ✓ | Customer Safety and Health | ✓ | ✓ | ✓ | ✓ | |||
Customer Service | ✓ | ✓ | Customer Privacy | ✓ | |||||||
A Responsible Purchaser | Supplier Sustainability Management | ✓ | ✓ | ✓ | Procurement Practices, Supplier Environmental Assessment, Supplier Social Assessment | ✓ | |||||
A Practitioner of Green Power | Energy Management | ✓ | ✓ | Energy | ✓ | ✓ | ✓ | ✓ | |||
Climate Change | ✓ | Emissions and Economic Performance | ✓ | ✓ | ✓ | ✓ | |||||
Water Management | ✓ | Water, Effluents and Waste | ✓ | ✓ | ✓ | ||||||
Air Pollution Control | ✓ | Emissions | ✓ | ✓ | |||||||
Waste Management | ✓ | Effluents and Waste | ✓ | ✓ | ✓ | ||||||
An Admired Employer | Talent Attraction and Retention | ✓ | ✓ | Economic Performance, Labor/Management Relations, Diversity and Equal Opportunity, Market Presence | ✓ | ✓ | |||||
Talent Development | ✓ | ✓ | Training and Education | ✓ | ✓ | ||||||
Human Rights | ✓ | ✓ | ✓ | Labor / Management Relations, Non-discrimination, Freedom of Association and Collective Bargaining, Forced or Compulsory Labor, Human Rights Assessment | ✓ | ✓ | ✓ | ||||
Occupational Safety and Health | ✓ | ✓ | Occupational Safety and Health | ✓ | ✓ | ✓ | |||||
Power to Change Society | Social Participation | ✓ | Economic Performance, Indirect Economic Impacts, Local Communities | ✓ | ✓ |
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It's been years since I worked at TSMC, and I'm very happy that I was dispatched by my school to TSMC for the industry-academia partnership. I am working with TSMC and outstanding professors to advance exploratory research, narrow the gap between the industry and schools, and cultivate outstanding semiconductor professionals through the semiconductor courses.
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TSMC's unrelenting pursuit of technology leadership, commitment to long-term shareholder returns and professional investor communication reflect its impressive values, business philosophy and culture. We look forward to seeing the Company's unique business model empower many wonderful technological innovations in the decades ahead, while creating win-win partnerships with its stakeholders.
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With TSMC's expertise in advanced wafer fabrication technology and support in quality and reliability assurance, MediaTek is able to offer leading innovative designs that fulfill the strict requirements for high-end chipset solutions, recognized by tier-one clients around the world.
TSMC's customer service teams have a clear understanding of our manufacturing needs and fights hard to support our interests. They always provide prompt responses and are very professional in handling issues. It is a pleasure to work with them. We hold them as the benchmark for service excellence. Please keep up good work and momentum on the support.
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We should shoulder the responsibility for environmental protection and strive to develop innovative green technologies by advancing processes, reducing industrial waste, and preventing pollution. We look forward to working with TSMC in the future and fulfilling our social responsibilities.
Sustainability should be the cornerstone of corporate growth. We are happy to be partnering with TSMC towards sustainable operations and a positive cycle.
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TSMC is the first semiconductor company in the world to join RE100, showing exemplary foresight, pioneering 100% renewable energy practices, and spearheading change among other corporations.