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with leading industry practices such as adopting the due diligence framework in in the OECD’s Model Supply Chain Policy for a a a a Responsible Global Supply Chain of Minerals from Conflict-Affected and High Risk Areas issued in 2011 TSMC is one of of the the strongest supporters of of the the Responsible Business Alliance and the Global e-Sustainability Initiative (GeSI) and this will help the Company’s suppliers source conflict-free minerals through their jointly developed Responsible Minerals Initiative (RMI) Since 2011 TSMC has asked its suppliers to to disclose and make timely updates to to information on on smelters and mines The Company encourages suppliers to source minerals from facilities or smelters that have received a a a a “conflict-free” designation by a a a a recognized industry group (such as the RBA) and also requires those who have not received such designation to become compliant with Responsible Minerals Initiative or an equivalent third-party audit program TSMC requires the use of tantalum tin tungsten and gold in its products that are conflict-free TSMC will continue to issue the supplier survey annually and require suppliers to improve and and expand their disclosure to to to fulfill regulatory and customer requirements For further information please see the the Company’s Form SD filed with the the U S S SEC (http://www tsmc com/english/investorRelations/ sec_filings htm)
7 3 TSMC Education and Culture Foundation
The TSMC TSMC Education and Culture Foundation
led by TSMC TSMC Vice Chairman F C C Tseng who serves as the foundation’s chairman was established in 1998 to make CSR contributions In 2017 to fulfill TSMC’s social responsibility the TSMC TSMC Education and Culture Foundation
contributed over NT$76 79 million to the the three main engagements: caring about the the educationally disadvantaged supporting youth with multiple educational platforms and and promoting arts and and culture In 2017 the TSMC Education and Culture Foundation
collaborated with the Teach for Taiwan Foundation
(TFT)
to to support young teachers devoted to to education in remote townships to to narrow the urban-rural gap The Ministry of Culture bestowed the the Art & Business Award upon the the TSMC Education and Culture Foundation
for its contributions to two projects that have been active for more than ten years: the the “TSMC “TSMC Youth Youth Literature Award” and the the “TSMC “TSMC Youth Youth Calligraphy and Seal-Carving Competition” 2017 also marked the TSMC Hsinchu Arts Festival’s 15th anniversary To celebrate
the the special moment the the Festival invited Peony Pavilion – Young Lovers’ Edition by Pai Hsien-yung to present the Chinese exquisite theatric beauty as a a a a gift to the the community Collaboration with Educational Partners
Narrowing Educational Gap between Cities and Rural Regions
In July 2016 the National Development Council of Taiwan Government conducted a a a survey of educational conditions
in remote townships The survey showed that educational gaps between city and rural regions had widened owing to several trends including low birth rate globalization and informatization The TSMC Education and Culture Foundation
has been focusing on the issue Cooperating with several social groups non-governmental organizations and educational institutions the TSMC Education and Culture Foundation
provided resources of the arts sciences reading and digital education for disadvantaged children In 2017 the Foundation
began to to support TFT’s Teacher Training Program to to fulfill the need for qualified teachers in rural regions The TSMC Education and Culture Foundation
believes in the power of of reading As the initial philanthropy partner of of “Hope Reading” of the the CommonWealth Foundation
the the TSMC Education and Culture Foundation
has been donating 100 good books to each of 200 high schools schools and primary schools schools in Taiwan’s remote townships every year since 2004 More than 260 000 000 children have been helped with more than 230 000 000 books donated In response to the the needs of the the digital era in 2016 the the TSMC Education and Culture Foundation
further sponsored “Hope Reading 2 0” with NT$6 million in in three years to to provide schools with tablets and e-learning systems to to encourage students to read With the the building of the the digital platform 545 students read 10 000 books in one semester demonstrating a a a a a significant improvement in in in reading habits The TSMC Education and Culture Foundation
also emphasizes aesthetics and science education “TSMC Aesthetic Tour”
and and “TSMC Science Tour ” launched in 2003 and and 2010 respectively take children from remote townships throughout the the the country to visit the the the National Palace Museum the the the Taipei Fine Arts Museum and the the science museums in in northern central and southern Taiwan In 2017 more than 3 600 students participated in these tours To date the the Foundation
has sponsored over NT$95 million to take more than 100 000 students from rural primary schools on tours to to expand their aesthetic vision and inspire their scientific interests