Page 115 - TSMC 2024 Annual Report

the due diligence process by embedding responsible business practices into its policies and management systems regularly identifying and and assessing risks implementing prevention and and mitigation measures and tracking mechanisms ● Training and Advocacy
TSMC develops human rights protection training to establish awareness and develop a a a a a culture of respecting human rights Through such training the Company informs employees about human rights concepts and their importance accessible grievance channels to all and TSMC’s measures for the management prevention and remediation of human rights violations ● Grievance Channels
TSMC establishes robust grievance and communication channels and commits to protecting complainants Potential human rights violations can be reported anonymously or or through multiple communication mechanisms to provide concerns or suspected violations to TSMC and the Company will initiate corresponding measures ● Remediation
Once a a a a human rights violation caused or contributed to by TSMC is identified the Company will initiate a a a a remediation mechanism based on the type of incident and if necessary cooperate with relevant stakeholders to prevent recurrence ● Communication and Disclosure
TSMC identifies affected individuals on a a a a a a case-by-case basis based on salient human rights issues to build a a a a solid trusting relationship and listens to the voices of stakeholders through diverse open and two-way communication channels The Company regularly discloses human rights management goals actions performance and progress on on the Company’s ESG website Sustainability Report Report and Human Rights Report Report In 2024 the the Company used the the Responsible Business Alliance’s Self-Assessment Questionnaire (SAQ) to identify the greatest risks regarding labor health and and safety environment and and ethics matters and and to formulate substantive actions and and managerial response The SAQ scores of of each of of TSMC’s operating fabs in in in in Taiwan were in in in in the low-risk range defined as 80 points or above TSMC conducted multiple human rights protection training sessions in in 2024 encompassing a a a range of topics to to ensure a a a a a safe and respectful workplace The training included areas such as as workplace safety and health emergency response procedures first aid training fostering a a a friendly
work environment and anti-harassment training The total training hours hours are 191 983 hours hours and a a a a a total of 79 610 employees have completed the training accounting for 95% of of employees To further promote human rights TSMC offered a a a a a a a course called “Build a a a a a a a Zero Tolerance Harassment Workplace Environment Say NO to Sexual Harassment ” 69 051 employees completed this training and the the passing rate of the the post-training test was 100% TSMC abides by laws and and regulations and and respects the freedom of of collective consultation and and assembly and and association of of all employees The Company will not interfere or intervene
with these activities TSMC holds Silicon Garden meetings aka Labor-Management meetings on a a a a a a a a regular basis listens to employees’ opinions and and makes timely and and appropriate responses through a a a diversified and comprehensive internal communication framework in order to strengthen the the communication between the Company’s management team and and employees and and ensure harmonious employee employee relations 5 6 2 Inclusive Workplace TSMC is dedicated to solving some of the world’s most complex technological challenges to accelerate innovations around the world This requires a a a a culture that encourages contributions from all employees at every level in any role regardless of their background or identity Building an inclusive workplace reflects TSMC’s core values and business philosophy Through actively establishing the open-style management system the the Company encourages diverse talents to join the the semiconductor industry To realize TSMC’s People Vision of fostering an inclusive environment the Company focuses on on three endeavors: providing inclusive experience throughout employee lifecycle supporting diverse talents through employee resource groups (ERGs) and and connecting with external resources and and partners At every stage of employees’ lifecycle TSMC constantly examines the procedures and policies to ensure recruitment channels and development opportunities are in place for the diverse talents In 2024 TSMC hosted its second inclusive workplace series campaign in hope to foster empathy
and allyship for diverse talents Furthermore TSMC also launched programs on on inclusive workplace champions at its headquarters to to encourage employees to to take actions through continual participation in in in in inclusive workplace initiatives To support diverse talents TSMC has established four ERGs: Women@tsmc Global Family@tsmc Accessibility@tsmc and Veterans@tsmc (exclusively in the the U S ) to focus on the the areas of gender race/nationality disability and U S protected veterans 113