tsmc sustainability report

building a plant which will take industrial wastewater and treat it so it is suitable for reuse in semiconductor manufacturing, Techs role in addressing the logistics talent crisis, Addressing ESG to build a better, more sustainable business, How CIOs can drive their company's ESG agenda. Have you ever been to #TSMC Fab 15 in Central Taiwan? We want to hear from you. 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 deployed 281 distinct process technologies, and manufactured 11,617 products for 510 customers in 2020 by providing broadest range of advanced, specialty and advanced packaging technology services. We look forward to seeing you, in person, at the #TSMC 2023 Technology Symposium. 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 . 2021 Sustainability Report. ESG + DataESG StrategyESG InvestingImpact InvestingSustainability ReportingData AnalyticsMBA Candidate (STEM)ex-EYex-tsmc Boston, Massachusetts, United States 867 followers . As the founder and a leader of the Dedicated IC Foundry segment, TSMC has built its reputation by offering advanced and "More-than-Moore"; wafer production processes and unparalleled manufacturing . On our road to sustainability, TSMC not only strives to fulll its role as a responsible corporate citizen, we also look forward to working with partners and stakeholders from all walks of life to create a sustainable future. 2021 TSMC materiality analysis report August 2, 2022 0 52 Executive Summary Taiwan Semiconductor Manufacturing Company (TSMC) conducts materiality analysis annually, collecting stakeholder expectations and feedback to identify material issues to guide the sustainability report. At the same time, TSMC adopted the framework set by the Financial Stability Board's TCFD to identify risks and opportunities, as well as to set measurement benchmarks and manage targets. The web site you wish to link to is owned or operated by an entity other than Taiwan Semiconductor Manufacturing Company, Ltd.. We . Both TSMC and Intel have plans for new factories in Arizona in the US to address the problems caused by the global chip shortage. #Innovation is one of TSMCs core values. "In order to reduce carbon emissions, switching the electricity sources to clean energy is the key," Chen said, adding that chipmakers are "eager" to do this as soon as possible. Heavy rain in May and June has eased the immediate pressure, but the chip makers around the world are focusing on their water use. It is the wellspring of TSMCs growth, and is apart of all aspects of our business, from strategic planning and management, to technology and manufacturing. In 2021, we also released our rst Taskforce on Climate-Related Financial Disclosures (TCFD) Report, promoting climate adaptation and mitigation management through governance, strategies, risk management, metrics and targets, becoming an industry pioneer. This is an excerpt of the original content. While I am proud to say we have been pioneers and achieved strong results across all key sustainability metrics during this time, we are determined to continue to do more and to accelerate our efforts. To increase climate resiliency across the supply chain, TSMC also joined the CDP Supply Chain Program. Navigating the horizon of business technology. In terms of Green Manufacturing, in 2021, TSMC updated our Climate Change Statementto include a commitment to Net Zero Emissions by 2050, invested NT$28.9731 billion into environmental protection, and successfully promoted 780 innovative programs for energy conservation, water conservation, and waste reduction. Actions, Progress, and Collaboration. Chang described the U.S. policy of "onshoring" and "friendshoring" as a problem for Taiwan, referring to policies to boost chip manufacturing in the U.S. or in allied countries. Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century. Micron's sixth annual sustainability report, released today, is a measuring stick for the progress of our environmental, social and governance programs as we engage more deeply with our stakeholders and manufacture technology that can truly transform how people use information to enrich life for all. By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. In line with the reporting framework developed by the GRI, the report details how TSMC supports the 2030 Agenda for Sustainable Development through five principles of disclosure: Plans, Commitments. TSMC Commits to Reach Net Zero Emissions by 2050, Acting on Responsibility to Environmental Sustainability A Global Semiconductor Industry Leader in Publishing TCFD Report September 16, 2021 05:07 . The year 2021 was a year of global upheaval as the world faced the COVID-19 pandemic, war, and political instability. TSMC | 398,722 followers on LinkedIn. Environmental reporting standards need to be tightened up, and hopefully COP26 will result in a more standardised approach. Sustainability reports Sustainability at a glance French Due Diligence reports EMAS Declaration Conflict Minerals reports Contributing to the UN Sustainable Development Goals (SDGs) The SDGs set by the United Nations define global sustainable development priorities and aspirations for 2030. We will continue to hold true to our ESG vision to uplift society as we strive on forward with steadfast resolve. Looking ahead, TSMC will continue to make timely responses to employee needs and suggestions through the Engagement Surveyand other diverse reporting channels to support employee work-life balance . TSMC also continued to expand university programssuch as the Semiconductor Programs, Advanced IC Design Program, and University Research Center as well as the TSMC Journeys of Female Scientists Lecturesfor female high school students in an eort to cultivate the next generation of STEAM professionals. This service is not intended for persons residing in the E.U. Abishur Prakash, a geopolitical strategist at the Center for Innovating the Future, told CNBC that turning pledges into practice will be the hard part. "Now that, of course, is I think Taiwan's dilemma.". Cookie Policy Lora Ho Senior Vice President and ESG Committee Chairperson. TSMC Commits to Reach Net Zero Emissions by 2050. The trusted technology and capacity provider of the global logic IC industry | Established in 1987, TSMC is the world's first dedicated semiconductor foundry. Indeed, TSMC is in the process of setting up huge new . This summer, TSMC announced that it wants to reach net-zero emissions by 2050. TSMC is deeply aware that climate change has a severe impact on the environment and humanity. #semiconductor #unleashinnovation #InnovationMomentum2023, #TSMC today announced the launch of its #University FinFET Program, aimed at developing future #IC design talent for the industry and empowering academic innovation around the world. Tel: 886-3-563-6688 ext.7125033 China has in recent years ramped up diplomatic and military pressure against Taiwan, which Beijing views as its territory, raising concerns about the fate of the chip fabs that dot Taiwan's western coast and produce the majority of the world's most advanced chips if China blockades or attacks the island. -, 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. #sustainablesupplychain #netzero2050, It is #TSMCs goal to help more female students broaden horizon and embrace more opportunities. Public Relations Intel and Samsung also say they are making strides in saving water through recycling and better management of resources. Risto Puhakka, VLSI Research, More problematic for the chip makers, says Puhakka, is their growing power consumption. As the company continues to grow, we nd ourselves with growing responsibilities as well. #employeeappreciationday TSMC currently uses 4.8% of Taiwan's total power output and the figure is set to rise to 7.2% in 2022, according to Greenpeace. TAIPEI :The retired founder of TSMC said on Thursday that even as he supported U.S. efforts to slow China's advances in the semiconductor industry, the "bifurcation" of the global supply chain and . MediaTek set an example by reducing 14% of carbon emission each year and leading a "green supply chain". The report analyzes the world's top 100 most innovative companies, . You have entered an incorrect email address! In September, TSMC announced a commitment to reach net zero emissions by 2050. The web site you wish to link to is owned or operated by an entity other than Taiwan Semiconductor Manufacturing Company, Ltd.. We do not control this third party web site. Digital Single-lens Refex (DSLR) Devices,and so on. Sustainability is a journey without end. LEARN MORE 35th Taiwan Continuous Improvement Awards (TCIA) Copyright 2023 Surperformance. Learn more Watch more about our sustainable progress Our Focuses An Innovation Pioneer Innovation is the foundation of growth and driver for breakthroughs at TSMC. Increase more than 60% replacement of water resources with reclaimed water, Develop multiple types of electronics- grade chemicals for recycling within TSMC Reduce waste production among local major suppliers by 35% (Base year: 2014), Reduce the unit air pollutant emissions by 60% (Base year: 2015), Environment protection volunteers provide services of at least 1,200 times each year, Chipmakers' plans for factories in Europe, US and Asia, German minister to visit Taiwan next week in test of China ties, Taiwan Semiconductor Manufacturing in Advanced Talks to Build Factory in Germany, Taiwan's TSMC in Advanced Talks to Build Chip Factory in Germany. It went public as an ADR in the U.S. in 1997. 1 Between 21/7/2009 and 30/09/2020, TSMC outperformed the MSCI Emerging Markets IMI benchmark index by 1114% in USD terms. By increasing our energy efficiency, we are able to mitigate the impact of climate change. As of January 2023, 47 suppliers have participated the workshops. "It's not a place which is known for its plentiful supply of water, so the manufacturers are going to need strong recycling plans in place or there'll be no water left in the Colorado River in a few years. Building a more sustainable future for semiconductor manufacturing will require pressure from end-users and regulators, Matthews argues. All treated water storage facilities are sampled very regularly. In 2021 TSMC further committed to actively implement emission reduction measures and optimize related sustainable actions. 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. Distributed by Public, unedited and unaltered, on 30 June 2022 07:51:05 UTC. Come join TSMC and make your dreams come true! As for Build A Responsible Supply Chain, in 2021, TSMC continued to strengthen supplier sustainability through the Supply Online 360global responsible supply chain management platform and the TSMC Supplier Sustainability Academy, promoting EP&L across the supply chainand uncovering opportunities to lower our impact on the environment. TSMC also supported the Sustainable Development Goals proposed by the United Nations with tangible actions and has remained steadfast to our ve ESG directions. "The more visibility you have of the environmental impact of any product containing a TSMC-manufactured chip, the more the massive purchasing power of the big electronics companies will come into play," he explains. With feedback from 17 TSMC departments as well as vice presidents and senior vice presidents of all BUs, TSMC determined 23 ESG issues on governance, economy, environment, and society. We strive to live up to international standards on sustainability and respond to issues of interest to stakeholders. It's even been | 64 comments on LinkedIn By clicking subscribe, I agree to receive news updates and promotional material from Mediacorp and Mediacorp's partners. Some plant the silicon seeds that transform the world. Join us now and don't miss out! 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 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. to learn how you can update your cookie settings. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Our vision is to uplift society and we link TSMCs core advantages with the United Nations Sustainable Development Goals (SDG), integrating ve ESG development focal points including Drive Green Manufacturing, Build a Responsible Supply Chain, Create a Diverse and Inclusive Workplace, Develop Talent, and Care for the Disadvantaged. Since 2019, the ESG Steering Committee has integrated cross-organizational resources and strengths, formulated long-term goals, and reviewed the implementation of these goals. To continue reading it, access the original document here. The little pieces of silicon are vital in today's technology-driven economies but their impact on the planet isn't always positive. TSMC, the worlds largest semiconductor manufacturing company, has revealed it missed key sustainability targets in 2020, as the amount of natural resources its factories used increased to cope with the surging demand for chips. The BBC reported in April that the Baoshan No. The Company has set the short-term goals of zero emissions growth by 2025, and reducing emissions to year 2020 levels by 2030. TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED .. TSMC's founder says he supports US efforts to slow China's chip advances, Samsung's new Texas chip plant cost rises above $25 billion -sources, Exclusive-TSMC's Germany chip plant talks hone in on govt subsidies -sources, Taiwan chipmaker tsmc in advanced talks to build new f, Tsmc german factory would produce less advanced chips, Daiwa Securities Upgrades Taiwan Semiconductor Manufacturing Co. to Buy From Outperform. US chipmaker Intels 2020 sustainability report shows that it used the equivalent 161,000 tonnes of water a day last year. Its even been officially certified as Environmental Education Facilities in Taiwan, thanks to the great effort by our employees. TSMC publishes its Sustainability Report annually to transparently disclose the values and progress that we have delivered. A man walks past TSMC's logo at the company's headquarters in Hsinchu, Taiwan. For more information, please visit https://www.tsmc.com. This is an excerpt of the original content. Social Responsibility. Guided by its ESG Policy and Environmental Policy, TSMC actively plans and implements actions to mitigate climate change, closely tracks a wide range of global climate action indicators, and is now taking a step further to create its roadmap to reach net zero emissions. Water is central to the semiconductor manufacturing process. Taiwan Semiconductor Manufacturing Company (TSMC) conducts materiality analysis annually, collecting stakeholder expectations and feedback to identify material issues to guide the sustainability report. The year 2021 was also a year of growth for TSMC. he said. "But, meeting those goals will require having the supply chain spread over multiple tiers to also get on board and create their own ESG (environmental, social and corporate governance) strategies. Annual Reports Annual Reports. Based on the 2020 materiality analysis, TSMC confirmed 119 ESG issues relevant to TSMC, aligning with international sustainable standards, trends, and stakeholder perspectives. Copyright 2022 New Statesman Media Group Ltd. TSMC is the first foundry to provide 5-nanometer production capabilities, the most advanced semiconductor process technology available in the world. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. This is our 25 th report, signifying that sustainability has been central to ST's business model and culture for as many years. E-Mail: nina_kao@tsmc.com, Hui-Chung Su This year, similar projects will help it conserve an additional 125 million kWh of energy, Intel said. The Company is headquartered in Hsinchu, Taiwan. 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