TSMC firmly believes that a corporation's social responsibility is to be a force for positive changes in society. Our efforts in the five dimensions of "morals, business ethics, economy, rule of law, and environmental protection" act as a stabilizing force in society and in turn inspire others to follow, bringing progress to society.

Our vision for society is one that works together towards sustainable development, equality and justice, and a harmonious environment to live and work. Our ten principles of corporate social responsibility are our criterion for continuing to bring positive change to society.

1.	We insist on honesty and integrity. We are honest to our shareholders, employees, and to the public alike.

2.	We respect the rule of law and always obey the law.

3.	We oppose corruption and reject cronyism. We do not bribe, and do not curry favor with the government or any government official.

4.	We practice good corporate governance, and balance the interests of shareholders, employees, and all stakeholders in the company.

5.	We do not engage in politics.

6.	We provide good job opportunities with a safe, comfortable, and intellectually challenging environment to give our employees both physical comfort and mental stimulation.

7.	We contribute our part to controlling global climate change and place great importance on protecting the environment.

8.	We emphasize and reward innovation, and manage the risks that innovation may bring.

9.	We actively invest in green businesses such as LED lighting and solar power to contribute to environmental protection and conservation.

10.	We provide long-term care to communities and continue to support educational and cultural activities.

In the moral dimension, TSMC insists upon honesty and integrity, opposes corruption, does not curry favor with the government, and at the same time provides a safe and comfortable working environment and values employees' work/life balance. We advocate the elimination of unnecessary meetings, improve our workflows, ask managers to lead by example, raise the efficiency of employees, and reduce working hours, so that employees can work in a balanced and healthy environment. In the dimension of "business ethics", in addition to the measures mentioned above, we also practice good corporate governance, transparent operations, and meet our commitments to all stakeholders.

In terms of our responsibilities in the economic dimension, we create value for society through our dedication to good corporate governance, our operational excellence, by providing good job opportunities, and by rewarding innovation. At the same time, TSMC is also actively engaged in public welfare, supporting educational and cultural activities. In terms of our responsibilities to uphold the rule of law, we not only obey the law, we examine ourselves with the highest standards of morality and business ethics.

In the environmental dimension, we believe the efforts of the business community are particularly important in controlling climate change, protecting the environment, and conserving the earth's precious resources, and TSMC is ready to meet its responsibilities. At the same time as creating value for all of its stakeholders, TSMC aspires to serve as a benchmark for companies around the world in our commitment to sustainable development. In 2010, TSMC took a significant step forward in the "green energy" industries, breaking ground on a solar power facility in Taichung and a solid state lighting facility in Hsinchu. TSMC's hope is to create value for our shareholders while doing our part for the Earth.

Through the conscientious efforts of all its employees, TSMC has been honored with many accolades for corporate governance, operations, investor relations, employee benefits, and environmental performance. Looking ahead, TSMC will work even harder to put our principles of corporate social responsibility into practice, to build a win-win relationship with all of our stakeholders, and to build a better future for society.


Morris Chang
Chairman and CEO