tsmc sustainability report

By Pete Singer, Editor-in-Chief. Water is central to the semiconductor manufacturing process. At the same time, we also continued to oer support overseas, including India, helping them deal with overburdened local medical facilities. 3 In the third quarter the targets were expanded to include also a long-term goal of sourcing 100% of TSMC's power from renewable . TSMC publishes its Sustainability Report annually to transparently disclose the values and progress that we have delivered. In terms of Care for the Disadvantaged, the TSMC Education and Culture Foundation and TSMC Charity Foundation have long been investing in this area by tapping into the power of our employees volunteer services. Internet Explorer presents a security risk. In regards to Building a Responsible Supply Chain, TSMC was able to drive NT$1.7 trillion in output value among related industries in 2020. TSMC issues its CSR Report every year as an important tool for managing internal sustainability performance. We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be. #STEM #qualityeducation, #TSMC is proud to be ranked on LexisNexis Intellectual Property Solutions Innovation Momentum 2023: The Global Top 100 report. Chairman and ESG Steering Committee Chairperson, Letter from the ESG Committee Chairperson. US chipmaker Intels 2020 sustainability report shows that it used the equivalent 161,000 tonnes of water a day last year. The web site you wish to link to is owned or operated by an entity other than Taiwan Semiconductor Manufacturing Company, Ltd.. We . ", (Writing by Sarah Wu and Brenda Goh; Editing by Muralikumar Anantharaman and Gerry Doyle), Be among the first to know the Breaking news. Jean-Marc Chery Abishur Prakash, a geopolitical strategist at the Center for Innovating the Future, told CNBC that turning pledges into practice will be the hard part. To further address stakeholders concerns on climate change and focus on related issues, TSMC followed the TCFD framework and its spirit to publish the TCFD report in 2021, systematically disclosing management strategy and targets, ensuring sound execution and controls, and providing a comprehensive description of TSMCs work and progress in responding to climate change. Intel and Samsung also say they are making strides in saving water through recycling and better management of resources. This summer, TSMC announced that it wants to reach net-zero emissions by 2050. TSMC is the only semiconductor company in the world to be selected for the Dow Jones Sustainability Index (DJSI) for 21 consecutive years. The award is being assessed on the sustainability report and website management, both of which contribute 50% to the overall assessment. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 1 Between 21/7/2009 and 30/09/2020, TSMC outperformed the MSCI Emerging Markets IMI benchmark index by 1114% in USD terms. As a responsible corporate citizen, TSMC strives for a better future along with its employees, shareholders and investors, customers, suppliers and contractors, the government, society, and all other stakeholders. The program will provide broad educational access for university students, faculty, and academic researchers to the process design kit (PDK) of the industrys most successful fin field-effect transistor (FinFET) technology at 16nm, bringing the IC design learning experience to the advanced #FinFET level. Over the years, TSMC has held to its vision of uplifting society, and applied technology and innovation to help humanity overcome many challenges. Based on the materiality analysis outcomes, TSMC will realign sustainability targets and strategies for planning and reallocating resources into TSMCs material issues. The Company also published its Task Force on Climate-related Financial Disclosures (TCFD) Report, becoming a semiconductor industry frontrunner in climate disclosure while taking actions . US chipmaker Intel's 2020 sustainability report shows that it used the equivalent 161,000 tonnes of water a day last year. AUKUS trilateral: A higher purpose the maintenance of freedom, peace, Global food crisis may persist, with prices still elevated after year, The Southern Semiconductor S Corridor and the role of Taiwan industry, How investing abroad can help Nigeria grow, St Kitts Nevis introduces changes to its Citizenship by Investment, Invest in Dominica for a life in paradise, African investors considering CIP programme of St Lucia, Letter from the ESG committee chairperson, Transparent transformation Safeguarding Guyanas oil boom, Think local, says new FAO report, pointing towards hunger-free and healthy Europe, Central Asia. he said. With global operations spanning Asia, Europe, and North America, TSMC serves as a committed corporate citizen around the world. "Another challenge is that companies themselves, like Apple, could set a goal," Prakash added. "In the longer term the car makers and the electronics companies will be asked to manage their supply chains more closely in terms of its environmental impact so they can meet their own sustainability goals," he says. Data is a real-time snapshot *Data is delayed at least 15 minutes. But costs are huge, China's energy transition sees 'staggering' progress on renewables and a coal power boom, Eco-Age's Livia Firth: I think we were the first to promote the fact that glamour and ethics coexist. We will continue to hold true to our ESG vision to uplift society as we strive on forward with steadfast resolve. MediaTek Rick Tsai announces its first 5G chip. The year 2021 was a year of global upheaval as the world faced the COVID-19 pandemic, war, and political instability. Both TSMC and Intel have plans for new factories in Arizona in the US to address the problems caused by the global chip shortage. One of our initiatives is to introduce workshops of GHG and carbon footprint inventory to empower suppliers. TSMC Annual Report contains Letter to Shareholders, Company Profile, Corporate Governance, Capital and Shares, Operational Highlights, Financial Highlights and Analysis, Corporate Social Responsibility, Subsidiary Information and Other Special Notes. This is an excerpt of the original content. In July 2020, TSMC signed a 20-year deal with Orsted to buy the entire production of two offshore wind farms under development off Taiwan's west coast. "As with most industries, carbon footprint is impacted by business size," he explained. Please review our In addition to becoming the worlds first semiconductor company to join RE100, this year we have answered the call to action on net zero and published our TCFD report, aiming to broaden our green influence and drive the industry towards low-carbon sustainability.. This year, similar projects will help it conserve an additional 125 million kWh of energy, Intel said. Take your reading anywhere with offline reading functions, Never miss a story with breaking news alerts. -, Continue to drive semiconductor scaling for both logic and specialty technologies, Continue to expand specialty technology oerings, Continue to advance and expand TSMC 3DFabric, Artiicial Intelligence/Machine Learning (AI/ML) Accelerator. The directive requires that a minimum number of daily samples be taken from random customer taps in each zone. Late last year and earlier this year, major commitments to sustainability were made by TSMC, Intel, Micron, Applied Materials, Lam and many others. TSMC identifies the link between SDGs, the five sustainability roles, and value chain stages through the following three steps: Understand & Prioritize SDGs, Goals & Integration, and Disclosure and Communication. Taiwan Semiconductor Manufacturing Company Limited, End-of-day quote Taiwan Stock Exchange It has also set a target of reaching 40% of renewable energy use company-wide by 2030. Save my name, email, and website in this browser for the next time I comment. The link from our web site to this third party web site does not imply that we approve of, endorse, or recommend this third party web site. We work diligently to integrate the ESG ethos into our daily operations with the aim of sustainable development, formulating systematic management strategies, implementing related measures and reviewing action plans. Upgraded but still having issues? The chip makers themselves have acknowledged the growing importance of sustainability, and Intel CEO Pat Gelsinger said in May that prioritising environmental issues will help the company "create both long-term value and respond to the growing importance of environmental, social and governance issues to our investors, customers, employees and other stakeholders". Carry Out the UN Sustainable Development Goals. "The car makers cannot claim to be environmentally friendly if they don't know what is going on in their supply chains. He says the COP26 climate change conference, taking place in Glasgow later this year, could be a critical moment for setting higher standards around sustainability. Trending towards positive impact over past three years Trending towards negative impact over past three years, Shown signs of instability over the past three years or new/adjusted targets without previous data, Reduce unit water consumption (liter/12-inch equivalent wafer mask layers) by 30% (Base year: 2010), Provide consultation on water reduction forsuppliers and reduce water consumption by a cumulative total of 35 million metric tons (Base year: 2020), Water pollution composite indicator 50% above effluent standards, Increase Usage of Reclaimed Water Increase more than 60% replacement of water resources with reclaimed water, Improve Medical Care to Seniors Living Alone, Ofer 12,000 services to senior citizens each year through Network of Compassion, Manufacture with Greater Energy Efficiency, Double energy efficiency after five years of mass, energy accounts for more than 20% of energy, Save 5,000 GWh cumulatively between 2016 and, consumption and the purchasing of renewable, energy to increase annually to achieve 40%, Work with Suppliers Toward Energy Conservation, Provide consultation on power reduction for suppliers and reduce energy consumption by a total of 1,500 GWh (Base year: 2018), Promote filial piety education in 120 educational institutions, Invest NT$50 million or more into quality educational resources, More than 10,000 hours in volunteer storytelling services each year, Help over 10,000 children in remote areas, Maintain position above 75th percentile among industry peers in total compensation, Disabling Injury Frequency Rate (FR): < 0.3, All waste treatment vendors shall acquire ISO 14001 or other international EHS Management certification, Ensure 100% critical high-risk suppliers complete Safety and Health consultation, Assist all high-risk contractors obtain ISO 45001 certification for occupational safety and health management system, Ensure a cumulative total of 1,500 suppliers participate in the Environmental Safety and Health (ESH) training program (Base year: 2016), Ensure 100% Tier 1 suppliers complete the Sustainability Management Self-assessment Questionnaire, Ensure 100% critical suppliers receive Code of Conduct audits by RBA-certified agencies every 3 years, Audit a cumulative total of 30 suppliers ( 3 suppliers per year) for due diligence on responsible mineral sourcing, Ensure 980 critical high-risk suppliers receive S.H.A.R.P.audits at a pace of 100 suppliers a year, Ensure a cumulative total of 145 local raw materials suppliers receive consultation on process advancement and quality improvement (Base year: 2016), Encourage 100% of major local raw materials suppliers and 75% of back- end packaging materials suppliers to participate in the Taiwan Continuous Improvement Award with 60% of them to advance to the finals, Reduce Industrial Waste Output Outsourced unit waste disposal per wafer 0.50 (kg/12-inchequivalent wafer mask layer, Promote Circular Economy Develop multiple types of electronics- grade chemicals for recycling within TSMC Reduce waste production among local major suppliers by 35% (Base year: 2014), Improve Environmental Protection Reduce the unit air pollutant emissions by 60% (Base year: 2015), Reduction rate of volatile organic gases > 99, Implement Adaptation Strategies to Climate Risks, Reduce unit GHG e missions compared to the base year (metric ton of carbon dioxide equivalent (MTCO2e)/12-inch equivalent wafer mask layer) by 30% (Base year: 2020), and restore GHG emissions to the 2020 level, Ensure 100% high energy consumption suppliers receive ISO 14064 GreenhouseGas Emission verification, 0 days of production interruption resulted from climate disasters, Strengthen Supply Chain Climate Resilience, Ensure a cumulative total of 300 raw materials suppliers participate in the annual emergency response drill (Base year: 2016), 0 cases of occupational disorders caused by exposure to chemicals, Environmental/Energy-saving Volunteers Environment protection volunteers provide services of at least 1,200 times each year, Maintain TSMC's technology leadership and invest 8.5% of revenue R&D expenses, In line with the Company's technology roadmap, TSMC provides customers with over, 1,200 types of available wafer manufacturing and process technology, and over 170, Develop the ability to analyze 100% of CMR (Carcinogenic, Mutagenic, and, Reprotoxic) substances and help the suppliers that supply materials with, potential risks develop the same capabilities, N-methylpyrrolidone (NMP) 100% replacement (Base year: 2016), No process involves Perfuoroalkyl Substances (PFASs) that have more than four. #career, Registration is now open for the #TSMC North America Technology Symposium. TSMC's emissions, which are shared in its annual sustainability reports, are "still increasing rapidly due to constant expansion," Chen said. That is not going to be easy.". We also rely on all our employees to champion their work while having the courage to posit innovative ideas. In its latest corporate sustainability report, Taiwan-based TSMC revealed its daily water use grew 25% last year, to 193,000 tonnes per day, as revenue grew 30%. #sustainablesupplychain #netzero2050, It is #TSMCs goal to help more female students broaden horizon and embrace more opportunities. The report analyzes the worlds top 100 most innovative companies, recognizing the companies and industries developing innovative solutions to todays challenges and laying the #intellectualproperty foundations for further breakthroughs. TSMC - Taiwan Semiconductor Manufacturing Company Ltd. published this content on 29 July 2022 and is solely responsible for the information contained therein. In terms of Create a Diverse & Inclusive Workplace, in 2021, TSMC introduced 8,536 job opportunities across the world and drew on our Human Rights Policyand Diversity and Inclusion Statementto develop Women@tsmc, an employee resource group aimed at achieving equality in the workplace. #InternationalWomensday #EmbraceEquity As the Chairperson of the ESG Committee, I look forward to strengthening and expanding our sustainable actions to bring about innovative breakthroughs. The little pieces of silicon are vital in today's technology-driven economies, but their impact on the planet isn't always positive. While these multibillion-dollar facilities will increase the supply of chips, they will also increase the amount of electricity that TSMC uses. High-performance computing propels humanity to a future with AI Smartphones breaks the limitation of time and space and bridge us with the cloud and to freedom, Advanced automotive electronics carry our imagination to the innite, IoT ushers in the era of smart cities and industrial 4.0, TSMC uses concrete action to connect people with people and with. "The issue for the last year is that the customers have been more concerned about getting the actual product than its environmental impact," he says. TAIPEI -- Taiwan Semiconductor Manufacturing Co. failed to hit its sustainability targets for water usage and waste generationlast year as the world's biggest semiconductor company ramped up output of the industry's most advanced chips. It's even been | 64 comments on LinkedIn sustainability communication plans and the global reports issued from time to time in connection with the sustainability initiatives as outlined in the Committee's charter. Copyright 2023 Surperformance. 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