Overview | Corporate Social Responsibility | 2013 Annual Report

Annual Reports > 2013 > Corporate Social Responsibility > Overview

Overview

CSR Guidelines

TSMC believes a company’s corporate social responsibility is to uplift society. As an important part of the technology industry, looking to the future, we not only aim to maintain our leadership in worldwide competition and promote Taiwan’s globalization and economic growth, but we will also continue to carry out our corporate social responsibility and do our utmost to be good corporate citizens.

Our 10 principles for practicing corporate social responsibility are important standards for continuing to support positive change in society:

We insist on honesty and integrity. We are honest to our shareholders, employees, customers, and to the public alike.
We respect the rule of law and always obey the law.
We abhor cronyism. We do not seek favoritism from the government or any government official, and we do not bribe.
We practice good corporate governance, and balance the interests of shareholders, employees, and all stakeholders in the Company.
We do not engage in politics.
We provide good job opportunities with a safe, comfortable, and intellectually challenging environment to give our employees both physical comfort and mental stimulation.
We do our part to control climate change and place great importance on the protection of the environment.
We emphasize and reward innovation, and actively manage the risks that innovation may bring.
We invest in green businesses such as solid state lighting and solar to contribute to a greener world.
We support educational and cultural activities, and care for our communities over the long term.

TSMC fulfills its social responsibilities to all stakeholders. As we carry out the principles listed above, it is our firm belief that customers will trust us more because of our honesty and integrity, respect for the law, and good corporate governance. Investors will be more willing to invest over the long term because of our clear core values, and employees will feel closer to the Company as they identify with those values. Carrying out TSMC’s social responsibilities brings us greater competitive advantage, creates greater value for shareholders, and benefits all of our stakeholders.

The following table shows TSMC’s view of CSR. TSMC’s social responsibility is to “uplift society“, and on the vertical axis are matters that TSMC considers its responsibilities. The horizontal axis lists areas where TSMC believes its values can affect society.

Corporate Social Responsibility: Uplift Society

CSR Management Approach

TSMC’s decision-making and operations in corporate social responsibility (CSR) are led by the Company’s Chief Financial Officer, who was appointed by the Chairman to act as an overall coordinator for the entire Company’s CSR activities. To better carry out and coordinate sustainability efforts, the Company founded the “Corporate Social Responsibility Committee“ in 2011, which brings together representatives from all of TSMC’s CSR-related business segments, including Customer Service, Human Resources, Investor Relations, the Legal Department, Material and Supply Chain Management, Operations, Public Relations, Quality and Reliability, R&D, Risk Management, the Environment, Safety & Hygiene Department, the independent TSMC Education & Culture Foundation and the TSMC Volunteer Association. Since 2012, CSR has been a topic on TSMC’s Board meeting agenda. Annual CSR performance is reported to the Board.

The CSR Committee holds quarterly meetings to discuss related topics, led by the CFO and the President of the Volunteer Program. The quarterly CSR meeting systematically and effectively carries out our corporate social responsibilities by following a “Plan-Do-Check-Act“ cycle to regularly review interaction with stakeholders and the issues that concern them, discuss progress in CSR activities and set future plans. Through close cooperation between organizations, CSR is now an integral part of TSMC’s daily operations.

DJSI Industry Group Leader

In 2013, TSMC was recognized by the Dow Jones Sustainability Indexes (DJSI) as the Semiconductors and Semiconductor Equipment Industry Group Leader, setting a milestone for the Company’s achievements in sustainability and corporate social responsibility. TSMC is the first Taiwan company, and one of just four Asian companies, to win the highest score out of its industry peers in the DJSI’s 24 industry groups, made up of 59 industries and the 2,500 largest companies in the world. Moreover, TSMC is one of only two semiconductor companies chosen as index components for 13 consecutive years.

2013 CSR Awards and Recognitions