Company Ranking35 out of
Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC), the world’s largest semiconductor foundry,iii ranks 35th out of 60 companies. Since 2020, the company has improved on the theme of Commitment & Governance, disclosing that it has established training programmes on its supplier code of conduct addressing forced labour for suppliers. However, the company did not improve disclosure or practice across other themes. It performed particularly poorly on the themes of Purchasing Practices, Monitoring, and Remedy, scoring zero. As such, its rank has dropped by 15 places since 2020.iv The company is encouraged to improve its performance and disclosure on the themes of Traceability & Risk Assessment, Monitoring, and Remedy
HOW DO THEY COMPARE?
The comparison tool allows companies' results to be easily compared. Up to two additional companies can be selected and compare against each other as shown below.
THEME & indicator score
The benchmark methodology has seven themes, selected to capture the key areas where companies need to take action to eradicate forced labour from their supply chains. The themes are comprised of a total of 12 key indicators. For each indicator, a company can score a total of 100 points.
Commitment and Governance
|Supplier Code of Conduct and Capacity Building||58 / 100|
|Management and Accountability||0 / 100|
Traceability and Risk Assessment
|Traceability and Supply Chain Transparency||67/100|
|Risk Assessment||0 / 100|
|Data on Supply Chain Risks||0 / 100|
|Purchasing Practices||0 / 100|
|Recruitment Fees||15 / 100|
|Monitoring and Responsible Recruitment||0 / 100|
|Freedom of Association||0 / 100|
|Grievance Mechanism||10 / 100|
|Monitoring Process||0 / 100|
|Remedy Programs||0 / 100|