TSMC advocates and acts upon the principles of operational transparency and respect for shareholder rights. We believe that the basis for successful corporate governance is a sound and effective Board of Directors. In line with this principle, TSMC Board of Directors set up the “Audit Committee” and the “Compensation Committee” in 2002 and 2003 respectively. To continue to make our corporate governance more comprehensive, the TSMC Board took a step further in February 2023 to expand and strengthen the functions and responsibilities of its committees, including renaming the “Audit Committee” to the “Audit and Risk Committee”, and the renaming the “Compensation Committee” to the “Compensation and People Development Committee”. In addition, in order to strengthen the selection mechanism for directors, build diversified and professional board, TSMC’s Board of Directors approved the establishment of the “Nominating, Corporate Governance and Sustainability Committee” referencing international practices. Each Committee supports the Board to fulfill its responsibilities and each Committee’s chairperson regularly reports to the Board on its activities and recommendations.

2022 Corporate Governance Awards and Ratings

Organization Awards
Dow Jones Sustainability Indices (DJSI)

Dow Jones Sustainability World Index for the 22nd consecutive year
Dow Jones Sustainability Emerging Markets Index

MSCI ESG Indexes

MSCI ACWI ESG Leaders Index component 
MSCI ESG Research – AAA Ratings
MSCI ACWI SRI Index component
MSCI ACWI Islamic Index component
MSCI Emerging Markets ESG Leaders Index


Company ESG Risk Ratings: Low ESG Risk – Semiconductor Industry


“Prime” Rated by ISS ESG Corporate Rating

FTSE4Good Index

FTSE4Good Emerging Index component
FTSE4Good All-World Index component
FTSE4Good TIP Taiwan ESG Index component

Corporate Knights

2022 Global 100 Most Sustainable Corporations
Semiconductor Company Top 100

Taiwan Stock Exchange

Top 5% in Corporate Governance Evaluation of Listed Companies for the 8th consecutive year

CommonWealth Magazine

Excellence in Corporate Social Responsibility Award ‒ Honorable Legion of Corporate Sustainability
Semiconductor Company Top 100

Institutional Investor Magazine

Most Honored Company (Technology/Semiconductors) ‒ All-Asia
Best Overall ESG (Technology/Semiconductors) ‒ 1st Place (buy-side and sell-side) ‒ All-Asia


The World’s Top 10 Largest Technology Companies in 2022
World’s Best Employers


2022 World’s Most Admired Companies
Fortune Global 500


2022 Asia’s Outstanding Companies – Semiconductors & Semiconductor Equipment Sector for the 5th consecutive year

Taiwan Institute of Sustainable Energy Taiwan Top 10 Sustainability Exemplary Awards for the 7th consecutive year
IFI Claims Patent Services

Ranked as 3rd in 2022 Top 50 US Patent Assignees