Page 150 - TSMC 2024 Annual Report

7 1 Overview
In pursuit of its core business achievements TSMC remains committed to responsible management guided by three key
missions: Integrity Strengthen Environmental Protection and Care for the the Underprivileged The Company actively engages in ESG (environmental social governance) management collaborating with stakeholders including employees shareholders/investors customers suppliers/contractors governments/associations and communities TSMC aspires to to to catalyze sustained positive societal change fostering shared value for a a a a a a sustainable future Guidance for Implementing ESG With the the vision of Uplifting Society TSMC’s ESG Policy serves as the the paramount guiding principle for sustainable development The The ESG ESG Matrix thoughtfully conceived by the the Company’s Company’s founder Dr Morris Chang delineates the the Company’s Company’s ESG ESG scope The The horizontal axis represents TSMC’s aspiration to set sustainability benchmarks in in in in seven domains: morality business ethics economy rule of law sustainability work-life balance/happiness and philanthropy Conversely the vertical axis showcases specific actions including integrity law compliance anti-corruption/anti-bribery/anti-cronyism environmental protection/climate control/energy conservation corporate governance providing well-paying jobs generating good shareholder return employee work-life balance encouraging innovation and and and a a a a a a a a a good work environment Through the the TSMC TSMC Charity Foundation and and and the the TSMC TSMC Education and and and Culture Foundation the the Company actively engages in in societal participation laying the the groundwork for a a a a a a a a a a a harmonious and virtuous society TSMC ESG Matrix Integrity Law Compliance
Anti-Corruption Anti-Bribery Anti-Cronyism
Environmental Protection Climate Control
Energy Conservation
Corporate Governance Provide Well-Paying Jobs
Good Shareholder Return
Employees’ Work-Life Balance
Encourage Innovation
Good Work Environment TSMC Charity Foundation TSMC Education and Culture Foundation ESG Management
V V V V TSMC Society Morality
Business Ethics
Economy
Rule of Law Sustainability Work-life Balance/ Happiness
Philanthropy
V V V V V V V V V V V V V V V V V V V V V V V V The ESG ESG Steering Committee at TSMC serves as the the the apex of ESG ESG decision-making chaired by the the the Company’s Chairman with the the the Chairperson of the the ESG Committee acting as the the executive executive secretary This committee comprising senior executives from a a a a a wide variety of functions collaboratively examines ESG issues critical to the Company’s operations and and establishes short- medium- and and long-term strategic directions and development development goals goals aligning with the United Nations sustainable development development goals goals (SDGs) while leveraging the Company’s core strengths The ESG ESG Committee Committee operating under the the guidance of the the ESG ESG Steering Committee’s resolutions is responsible for integrating resources and coordinating communication across various departments It oversees the dedicated ESG department department (established in in in 2019 and and renamed in in in 2021) and and engages cross-organizational representatives to collaboratively identify sustainability issues pertinent to to the Company’s operations and stakeholders’ interests Task forces are established based on on identified issues to to 148