logo
  

TSMC Plans To Actively Adopt Renewable Energy

Taiwan Semiconductor Manufacturing Company, TSMC (TSM) on Thursday, announced its commitment to reach net zero emissions by 2050, on the occasion of International Day for the Preservation of the Ozone Layer.

The company also published its Task Force on climate-related financial disclosures (TCFD) report.

To achieve its aim of net zero by 2050, TSMC plans to adapt mitigation measures, advance its green innovations, and actively adopt renewable energy.

The company's short term goals in this regard include zero emissions growth by 2025, and reducing emissions to year 2020 levels by 2030.

TSMC said it takes actions to mitigate climate change guided by its ESG Policy and Environmental Policy, and also closely tracks a wide range of global climate action indicators.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Cryptocurrency Dogecoin's price jumped over 15% on Friday, but later lost some of the gains, after Tesla Inc. (TSLA) CEO Elon Musk announced that the luxury car maker will start accepting the meme cryptocurrency as payment for its merchandise. "Tesla merch buyable with Dogecoin," Musk tweeted on Friday. Dogecoin... US investment bank JPMorgan Chase & Co. reported Friday a profit for the fourth quarter that declined 14 percent from last year, hurt primarily by higher noninterest expense and lower credit reserve releases. Both adjusted earnings per share and revenues for the quarter topped analysts' expectations. Microsoft Corp. said its Board of Directors has initiated a review of the effectiveness of its workplace sexual harassment and gender discrimination policies and practices. The company has hired the law firm of Arent Fox to conduct the review mainly on sexual harassment investigations, including that of co-founder Bill Gates.
RELATED NEWS
Follow RTT