Potential offtaker

Taiwan Semiconductor Manufacturing Company

www.tsmc.com.tw

Estimated electricity consumption

N/A

Countries of production presence

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Taiwan Semiconductor Manufacturing Company (TSMC) is a leading semiconductor foundry services provider based in Taiwan. The company was founded in 1987 and has since grown to become the world's largest dedicated semiconductor foundry, with a market share of over 50%. TSMC offers a wide range of foundry services, including design, manufacturing, testing, and packaging of integrated circuits (ICs) for a variety of applications, including smartphones, computers, and automotive electronics.

As a global leader in the semiconductor industry, TSMC is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented a range of measures to achieve these goals. TSMC has invested heavily in renewable energy sources, such as solar and wind power, to reduce its reliance on fossil fuels and decrease its carbon emissions. The company has also implemented energy-efficient technologies and practices in its manufacturing processes to reduce energy consumption and emissions.

TSMC has also implemented a corporate energy management system to monitor and manage its energy use and emissions. The system provides real-time data on energy consumption and emissions, which allows the company to identify areas for improvement and implement energy-saving measures. TSMC has also implemented a corporate power purchase agreement (PPA) to purchase renewable energy directly from suppliers. This allows the company to reduce its carbon footprint and support the development of renewable energy sources.

In addition to its commitment to decarbonisation, TSMC has also implemented a range of corporate social responsibility (CSR) initiatives. The company has a strong focus on employee well-being and has implemented a range of programs to support the health and safety of its employees. TSMC also supports community development initiatives, such as education and environmental conservation programs.

TSMC's commitment to renewable energy and decarbonisation is reflected in its corporate strategy. The company has set a target to achieve net-zero greenhouse gas emissions by 2050 and has implemented a range of measures to achieve this goal. TSMC has invested heavily in renewable energy sources, such as solar and wind power, and has implemented energy-efficient technologies and practices in its manufacturing processes to reduce energy consumption and emissions.

TSMC's corporate PPA is an important part of its renewable energy strategy. The company has signed a PPA with a renewable energy supplier to purchase 920 GWh of renewable energy annually. This represents a significant proportion of TSMC's energy consumption and will help the company to achieve its decarbonisation goals.

TSMC's commitment to renewable energy and decarbonisation has been recognised by a range of industry bodies and organisations. The company has been included in the Dow Jones Sustainability Index (DJSI) for the past 12 years and has been recognised as a leader in sustainability by the Carbon Disclosure Project (CDP). TSMC has also received a range of awards for its CSR initiatives, including the Taiwan Corporate Sustainability Award and the Taiwan Corporate Social Responsibility Award.

In conclusion, TSMC is a leading semiconductor foundry services provider based in Taiwan. The company is committed to decarbonisation and reducing its carbon footprint, and has implemented a range of measures to achieve this goal. TSMC has invested heavily in renewable energy sources, such as solar and wind power, and has implemented energy-efficient technologies and practices in its manufacturing processes to reduce energy consumption and emissions. The company's corporate PPA is an important part of its renewable energy strategy, and will help TSMC to achieve its decarbonisation goals. TSMC's commitment to renewable energy and decarbonisation has been recognised by a range of industry bodies and organisations, and the company has received a range of awards for its CSR initiatives.

✓ Current offtaker under Corporate PPA's
✓ Declared Net Zero commitment