Public Advocacy

In the fast-changing semiconductor industry, in addition to continuously upgrading production technologies, PSMC also needs to proactively grasp first-hand industry trends. Therefore, we are actively involved in various industry guilds and associations, and serve as board chairman, directors and supervisors to promote the optimization of the industry environment and policies together with our peers. In order to enhance and integrate the international competitiveness of Taiwan's various industries, PSMC has also taken the initiative to call for the establishment of associations in various professional fields to promote cross-industry exchanges and development. The topics of concern that are of interest to the guilds and associations that PSMC participates in include corporate sustainability, technological innovation, environmental sustainability, and climate change. PSMC is also actively involved in proposing policies to the government that cover land, water, electricity, and human resources that are relevant to industrial competitiveness and support environmental sustainability.

Public Affairs Governance

In terms of participation in public affairs and public policy, the internal relevant departments will first examine the reasonableness of the public association or public activity and whether it is consistent with the position of PSMC. After obtaining the approval of the unit manager, the President will give his final approval before participating. If, in the course of participation, the Company finds that a public association or activity is inconsistent with the original intent of the Company's participation or its position, the Company will hold an internal meeting to discuss the matter and communicate with the relevant entity to clarify the issue and express its position. If it is determined that the issue at hand is inconsistent with the Company's position, the Company will choose to withdraw from the relevant association or activity.


Public Affairs Governance Policy  


In 2023, the domestic and international associations related to the development of the industry in which PSMC is involved are mainly the following:


Taiwan Semiconductor Industry Association (TSIA)

PSMC participates in the Taiwan Semiconductor Industry Association (TSIA) in order to remain on top of the development of the industry and to reach a consensus with industry peers through the association's activities, in an effort to promote cooperation in the midst of competition, to jointly promote the sound development of the industry as a whole, and to strengthen the overall competitiveness of the industry, in hopes that the company can maintain an advantage in the ever-changing international environment.


The Allied Association for Science Park Industries (ASIP)

PSMC participates in the The Allied Association for Science Park Industries to broaden the communication with those in the industry and manufacturers of other industries in the Park, to establish an effective communication mechanism with the government and to protect the common rights and interests of the manufacturers through the organization of the Association.


Taiwan Internet of Things Technology and Industry Association (TWIOTA)

By joining the Taiwan Internet of Things Technology and Industry Association and taking on a management role, the company will be able to exercise decision-making influence on the development of standards and applications in the IoT industry. This will ensure that the company's existing technologies can be widely applied in various fields related to the IoT industry, and to further continue to provide core competitiveness in the area of technological research and development for application in the emerging industries.


Taiwan Advanced Automotive Technology Development Association (TADA)

Through the participation in the Taiwan Advanced Automotive Technology Development Association (TADA), the company will be able to communicate with the automotive industry and integrate their knowledge areas, which will enable the company's technology development to connect to the considerable EV and smart car business opportunities in the future. In the face of the automotive industry's carbon reduction regulations, the expanded development of electric vehicles, including the need for a large number of semiconductors and automotive electronic modules, are increasing. PSMC's participation in the association will enable the electronics industry and automotive industry to move into the advanced automotive field together and transform the automotive industry into a smart one, deepening the cooperation between the two industries and establishing a complete supply chain for the electric vehicle industry in line with the country's future goal of net zero sustainability.





Climate Related Events

Semiconductor Industry Net-Zero Emission Takeoff Declaration

In September 2023, the Taiwan Semiconductor Industry Association (TSIA), led by its chairman and including representatives from member companies includes PSMC, publicly declared their commitment to net-zero emissions. TSIA unveiled the carbon reduction plan aimed at mitigating climate change and held a declaration ceremony to express the determination to achieve net-zero. The declared carbon reduction targets are based on 2020 greenhouse gas emission levels, with an absolute reduction of 10% by 2030 (a 40% reduction compared to the Business As Usual scenario) and achieving net-zero emissions by 2050. PSMC, along with other TSIA member companies, is committed to reducing greenhouse gas emissions, promoting the green energy industry, and developing energy-saving and carbon-reducing technologies, all in an effort to meet the goals of the Paris Agreement.


Taiwan Science Park Industry Development Strategy White Paper

In July 2023, PSMC participated in the joint issuance of the Taiwan Science Park Industry Development Strategy White Paper by The Allied Association for Science Park Industries (ASIP.) This white paper presents 27 strategic recommendations for the development of science parks based on five major visions and eleven key issues. Additionally, in response to the risks of energy and water resource shortages caused by extreme weather phenomena due to climate change, the Hsinchu Science Park Administration has collaborated with various government agencies to drive a circular economy with green technology. This initiative aims to guide and encourage companies to develop energy-saving and low-carbon measures. Through public-private cooperation, they are working to build a smart, green ecological science park, optimizing the park's entrepreneurial environment and sustainability, and leading Taiwan's industries towards the accelerated achievement of net-zero carbon emissions.


Energy Transition Aligns with ESG and Green Supply Chain

Facing the global trend of achieving net-zero emissions by 2050, industries are aligning energy transitions with ESG and green supply chain standards. Developing new and renewable energy has become an international consensus. So is the integrating new energy technologies with industrial applications and demands. This not only enhances the energy resilience of companies but also reduces carbon emissions through various measures and technologies. Since achieving net-zero emissions requires cross-sector collaboration and making new energy applications a new driver for Taiwan's industrial development, in November 2023, PSMC participated in the joint signing of a memorandum of cooperation. This event was organized by five major associations: the Taiwan Internet of Things Technology and Industry Association (TWIOTA), the Taiwan Advanced Automotive Technology Development Association (TADA), the Taiwan Hydrogen and Fuel Cell Partnership Alliance, the Taiwan Battery Association, and the Taiwan Green Energy Association, with the assistance of the Taipei Computer Association (TCA). They also co-hosted the "Prospects for New Energy Applications and Development in Taiwan" forum, which delved into cross-domain new energy application business opportunities for Taiwan's industries, addressing the future ESG carbon reduction trends.