Taiwan Semiconductor Manufacturing Co. Ltd. (TMSC) provides average disclosure of its approach to mitigating forced labor risks in its supply chain, ranking eighth on the benchmark. TMSC exhibits strong supply chain forced labor management systems and has risk assessment and purchasing practices that are aimed at addressing human trafficking and forced labor risks in its supply chain. The company also discloses a robust corrective action plan process to remedy suppliers' violations of its supply chain standards. To reduce its exposure to the risk of forced labor and human trafficking in its supply chain, TMSC is encouraged to integrate its supply chain standards in contracts with its suppliers, strengthen its approach to recruitment practices in its supply chain, and engage suppliers' workers on issues related to forced labor and their labor rights more broadly.
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Commitment and Governance
Traceability and Risk Assessment