Taiwan Semiconductor Manufacturing Company (TSMC) is a leading global semiconductor foundry that provides advanced technology and manufacturing services to its customers. TSMC was founded in 1987 and is headquartered in Hsinchu, Taiwan. The company has manufacturing facilities in Taiwan, China, and the United States, and employs over 50,000 people worldwide. TSMC is a publicly traded company listed on the Taiwan Stock Exchange and the New York Stock Exchange.
TSMC is committed to sustainability and decarbonisation, and has set ambitious goals to reduce its carbon footprint and increase its use of renewable energy. The company has a comprehensive sustainability strategy that focuses on reducing greenhouse gas emissions, conserving resources, and promoting social responsibility.
One of TSMC's key initiatives to reduce its carbon footprint is its Corporate Energy Program, which aims to increase energy efficiency and reduce energy consumption across its operations. The program includes a range of measures such as energy audits, equipment upgrades, and employee engagement programs. TSMC has also implemented a Corporate Power Purchase Agreement (PPA) program, which allows the company to purchase renewable energy directly from power generators. This helps to reduce the company's reliance on fossil fuels and supports the development of renewable energy infrastructure.
TSMC has made significant progress in its decarbonisation efforts in recent years. In 2020, the company achieved a 16% reduction in greenhouse gas emissions compared to its 2015 baseline. TSMC has also set a target to achieve net-zero emissions by 2050, and has committed to using 100% renewable energy for its global operations by 2050.
TSMC's commitment to renewable energy is reflected in its Corporate PPA program, which has enabled the company to purchase over 2.6 GW of renewable energy capacity to date. TSMC has signed PPAs with a range of renewable energy providers, including wind and solar power projects in Taiwan, the United States, and Europe. The company's renewable energy portfolio includes both on-site and off-site projects, and TSMC is actively exploring new opportunities to expand its use of renewable energy.
TSMC's commitment to sustainability and decarbonisation has been recognised by a range of external organisations. The company has been included in the Dow Jones Sustainability Index (DJSI) for 11 consecutive years, and was ranked as the top semiconductor company in the 2020 DJSI World Index. TSMC has also been recognised by CDP (formerly the Carbon Disclosure Project) for its leadership in climate change mitigation and transparency.
In addition to its sustainability initiatives, TSMC is a leading provider of advanced semiconductor technology and manufacturing services. The company's foundry services enable its customers to design and produce innovative products in a wide range of industries, including consumer electronics, automotive, and healthcare. TSMC's advanced technology offerings include 5nm and 7nm process nodes, as well as specialty technologies such as RF, high-performance computing, and AI.
TSMC's commitment to innovation and technology leadership is reflected in its significant investments in research and development. The company invests over 8% of its annual revenue in R&D, and has a global network of research and development centres that collaborate with customers and partners to develop cutting-edge technology solutions.
TSMC's success is built on a strong culture of corporate responsibility and social engagement. The company has a comprehensive Corporate Social Responsibility (CSR) program that focuses on areas such as education, environmental protection, and community engagement. TSMC has also established partnerships with a range of non-profit organisations to support social and environmental initiatives.
In conclusion, TSMC is a leading global semiconductor foundry that is committed to sustainability, decarbonisation, and innovation. The company's Corporate Energy Program and Corporate PPA program are key initiatives that enable TSMC to reduce its carbon footprint and increase its use of renewable energy. TSMC's commitment to sustainability has been recognised by a range of external organisations, and the company's advanced technology offerings and strong culture of corporate responsibility make it a trusted partner for customers and stakeholders around the world.