Annual Reports  >  2014  >  Corporate Social Responsibility > Social Responsibility Implementation Status as Required by the Taiwan Financial ...
Kaohsiung Gas Explosion Project
繁中

A series of gas explosions that damaged the city of Kaohsiung on July 31, 2014, caused more than 300 casualties. TSMC Volunteer Society President Ms. Sophie Chang led a group of executives to survey the damage soon after the incident to provide the company with advice for relief projects. Senior executives responsible for corporate social responsibility immediately held a meeting and decided that TSMC would build on its experience in reconstruction projects for Typhoon Morakot, leverage donations from the company and its employees, collaborate with suppliers, and establish a site at the disaster area to support rebuilding.

TSMC’s reconstruction team arrived in the disaster area on August 5 and stayed for 64 days. With timely and seamless support from supporting suppliers, the team has completed 570 meters of sheet piling, 4,383 meters of temporary roads, 695 repairs on 365 homes, 4,732 meters of safety fences, and 5 temporary bridges. This has allowed residents to safely travel to and from the disaster area, return to their reconstructed homes and businesses, and resume normal lives.

Total spending on this reconstruction project was NT$74.65 million. In addition to funds from employees through the “TSMC iCharity” platform and donations from the Company, the project was expanded to participation from other companies, attracting more resources to magnify our relief efforts.

Reconstruction Project Budget Details

Uint: NT$

Items

Spending

Damaged house repair

25,668,789

Steel sheet pile

4,783,880

Construction fence

8,433,288

Temporary road construction

19,230,590

Construction equipment

5,324,000

Site office rent and miscellaneous items

869,620

Site cleaning and miscellaneous items

6,789,336

Subtotal

71,099,502

Total (5% tax included)

74,654,479