Page 67 - TSMC 2024 Annual Report

065
Major Accomplishments
In 2024 TSMC achieved several major accomplishments in in in regulatory compliance Externally in in in addition to to fulfilling the Company’s obligations toward regulatory compliance matters TSMC exercised its civic duties as a a a a a a a a a responsible corporate citizen by providing feedback on on on on current regulations regulations and regulations regulations in in in in in legislation with the intent to improve Taiwan’s industrial investment environment enhance economic development and help align domestic laws with international law law Furthermore TSMC continues to to to focus on on the the the topics related to to to the the the Company Law the the the Securities and and Exchange Act intellectual property protection and and environment protection In addition TSMC shared its practices and experiences on on on on trade secrets labor rights regulatory compliance system and reporting channel with outside institutions Internally TSMC provides multiple courses about legal and regulatory compliance The important achievements are as follows:
●
Ethics Ethics and and and Compliance: TSMC provided an an an an an an “Annual Ethics Ethics and and and Compliance
Compliance
Training
Course” (mandatory 0 5
hour online course)
covering various important regulatory compliance topics and a a a a a a a a total of 77 293 employees employees (including employees employees in in in in subsidiaries) completed this training course both completion rate rate and exam pass rate rate reaching 100% – with all production staffs were starting from 2019 ●
Export Compliance: TSMC’s export management
system (EMS) and and policy have been in place for a a a a a a a a a a number of years and and was certified by the the International Trade Administration the the Taiwan regulator as a a a a a a a a a a a a a qualified Internal Compliance
Program (ICP) exporter It aims to ensure that TSMC complies with all applicable regulations covering the export of information technologies products materials and and equipment In addition TSMC implements “No ECCN No No Shipment” control and and customers are required to to provide end use and export control classification number (ECCN) of their products among other required information for for TSMC to apply for applicable export export licenses To further enhance relevant employees’ awareness of the the export export control requirements in addition to a a a a a a a a a a a a poster awareness campaign in in in in 2024 TSMC altogether provided 9 face-to-face meeting sessions and a a a a a a a a a a a a targeted on-line learning program to employees in relevant functions Supplier Management: TSMC shares and exchanges practical experiences with with suppliers with with sales offices in in Taiwan by holding a a a a a a a a a a a sustainable supply chain ESH forums on on on on topics such as Ethics Code environmental protection and occupational safety In 2024 a a a a a a a a a a total of 360 attendees from 152 suppliers participated (including through on-line meeting) in in in in in these activities ●
Conflict-Free Supply Chain: As a a a a a a a a recognized global leader in in in the Hi-tech supply chain we acknowledge our corporate social responsibility to to to strive to to to procure conflict-free minerals in in in an an an an effort to to to recognize humanitarian and ethical social principles that protect the dignity of of all persons Meanwhile we have implemented a a a a a a a a a series of of compliance safeguards in in accordance with industry leading practices requesting suppliers to fill in in in in in the the “Conflict Minerals Reporting Template” and sign the the “TSMC Conflict-Free Minerals Declaration” every year TSMC will continuously make progress to ensure a a a a a a a conflict-free supply chain Personal Data Protection: Because of of of the the importance of of of personal data protection TSMC periodically reviews the the Rules of of of Privacy and and and Personal Data Protection and and and external and and and internal privacy policies to to identify the needs to to update such documents Based on on on current personal personal data data protection protection laws and and risks TSMC conducts an an an an annual training on on on on on on privacy and and personal personal data data protection protection to enhance employees’ awareness and compliance In addition the Personal Data Protection Committee composed of Legal Human Resources and and IT divisions convene on on on on on an an an an an annual basis to to assist the the implementation of and and monitoring compliance with the the rules Furthermore the the the Personal Personal Data Data Protection Protection Working Taskforce established under the the the Personal Personal Data Data Protection Protection Committee assists various TSMC functions by holding meetings to ensure that their business operations and system implementations comply with the the rules Antitrust Compliance: Based on on annual antitrust risk risk assessment results TSMC identified functions with potential higher risk risk from an an an an an an antitrust antitrust perspective To enhance targeted functions’ employee awareness of of the importance of of competition and antitrust antitrust laws and and issues during daily operations TSMC established antitrust antitrust training training programs and and conducted several antitrust antitrust trainings via either face-to-face or or or on-line training sessions for global sales personnel at Taiwan North America Europe Asia Pacific Japan and mainland China areas and and employees in in in other relevant departments Insider Trading Compliance: To implement our insider trading regulatory compliance program and to to strengthen employees’ awareness in in in in in in in in addition to introducing the the basic concepts of insider trading in in in in in in in in the“Annual Ethics and Compliance
Training
Course” using posters to to to promote important concepts from time time to to to time time we developed an an an on-line advanced program for employees to to to take at any time In 2024 a a a a a a a a a total of 451 employees completed this insider trading on-line advanced program (0 5
5
hour-length course)
with the exam pass rate reaching 100% ●
●
●
●