In order to understand the level of stakeholder interest in sustainability issues and track the progress of corporate sustainability, material issues related to the economic, environmental and social dimensions are identified annually through materiality analysis. In doing so, TSMC systematically launched a model of materiality analysis in line with the GRI G4 guidelines and AA 1000 stakeholder engagement standards (SES) with the aim of gaining a clear understanding of stakeholders’ concerns. In addition, the impact of sustainability issues on TSMC operations is evaluated for goal setting in sustainable management.
Based on the results of materiality analysis and 18 material issues, TSMC identified six core competencies in implementing corporate sustainability: customer relationship management, human resource management, supply chain management, innovation management, environmental management and ethics management. These six core competencies are present in all stages of the TSMC value chain, and play a significant role in economic, environmental and social value creation as well as stakeholder benefit.