The Corporate Social Responsibility Committee is the highest-level corporate social responsibility organization within TSMC. The Chairman appointed the CFO to be the committee chairperson, and has incorporated corporate social responsibility into the board's formal agenda. As a decision-making center and cross-departmental communication platform for TSMC's corporate social responsibility, committee representatives are nominated by each functional organization with a quota of one to three. All economic, environmental and social issues and their corresponding representatives related to corporate social responsibility are clearly defined by the committee.
The Chairperson of the Corporate Social Responsibility Committee reports annually to the Board of Directors on implementation results for the year and the work plan for the following year. The 2016 Chairperson’s report to the Board of Directors focused on TSMC and its supply chain’s implementation of EICC regulations, green manufacturing performance, education projects for disadvantaged students and volunteer service. In the 2017 CSR Annual Work Plan, we continue to improve green manufacturing capabilities and expand support for disadvantaged education, and we also focus on how to improve corporate social responsibility report disclosure quality.
Adhering to the vision and mission of the "TSMC Corporate Social Responsibility Policy", the Chairperson leads the committee members to focus on the three major categories of corporate social responsibility issues: economic, environmental and social aspects, and evaluate the risks and opportunities of sustainability issues related to employees, shareholders/investors, customers, suppliers, government, society, and other stakeholders to determine the response strategies and action plans. In addition, we will conduct cross departmental communication, coordination, and resource integration based on the issue’s type and nature, monitor the progress and effectiveness of CSR projects, convey the guiding principles of corporate social responsibility policy promptly and effectively to all departments, and systematically implement them in TSMC’s daily operations.