TSMC Annual Report > 2016 > Corporate Governance > Overview

Overview

TSMC advocates and acts upon the principles of operational transparency and respect for shareholder rights. We believe that the basis for successful corporate governance is a sound and effective Board of Directors. In line with this principle, the TSMC Board delegates various responsibilities and authority to two Board Committees, Audit Committee and Compensation Committee. Each Committee has a written charter approved by the Board. Each Committee’s chairperson regularly reports to the Board on the activities and actions of the relevant committee. The Audit Committee and Compensation Committee consist solely of independent directors.

2016 Corporate Governance Awards

Organization

Awards

Dow Jones Sustainability Indices (DJSI)

Membership in the Dow Jones Sustainability World Index for the 16th consecutive year
RobecoSAM Sustainability Award - Gold Class

MSCI Global Sustainability Indexes

Selected as MSCI Global Sustainability Indexes component

FTSE4Good Index

Selected as FTSE4Good Emerging Index component

FinanceAsia

《FinanceAsia》20th Anniversary Platinum Awards: Best Company – in Taiwan

IR Magazine

Global Top Corporate Governance – Five Winning Companies

AsiaMoney

Best Managed Company Large Cap in Taiwan

FORTUNE

Selected as one of The World’s Most Admired Companies

Barron's

Selected as Top 100 World’s Most Respected Companies

CommomWealth Magazine

Excellence in Corporate Social Responsibility Award – Large cap – 2nd Place
Most Admired Company in Taiwan for the 21st consecutive year
Most admired entrepreneur in Taiwan

Taiwan Institute of Sustainable Energy

Taiwan Corporate Sustainability Awards:
2016 Taiwan Corporate Sustainability Awards No.1 for Domestic Corporates
Taiwan Top 50 Corporate Responsibility Report Awards – Electronics Industry – Gold Class

Taiwan Stock Exchange

Ranked in top 5% in Corporate Governance Evaluation of Listed Companies for the 2nd consecutive year