Company Ranking20 out of
Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC), the world’s biggest semiconductor foundry,1 ranks 20th out of 49 companies, disclosing more information on its forced labor policies and practices than its peers on all themes except Purchasing Practices, Worker Voice, and Monitoring. Compared to 2018, the company’s rank decreased from eight to twentieth. This is because the company does not seem to have taken additional steps to strengthen its performance and disclosure. The company’s score is based on its good performance on the themes of Commitment & Governance and Traceability & Risk Assessment. The company is encouraged to improve its performance and disclosure on the themes of Commitment & Governance (in particular on training where it scored zero), Purchasing Practices, and Worker Voice.
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 labor from their supply chains. There are a total of 22 indicators accross the seven themes. For each themes, a company can score a total of 100 points.
Commitment and Governance
|Commitment||100 / 100|
|Supplier Code of Conduct||90 / 100|
|Management and Accountability||75 / 100|
|Training||0 / 100|
|Stakeholder Engagement||25 / 100|
Traceability and Risk Assessment
|Traceability and Supply Chain Transparency||62.5 / 100|
|Risk Assessment||50 / 100|
|Purchasing Practices||25 / 100|
|Supplier Selection||0 / 100|
|Integration into Supplier Contracts||0 / 100|
|Recruitment Approach||0 / 100|
|Recruitment Fees||100 / 100|
|Monitoring and Responsible Recruitment||0 / 100|
|Rights of Workers in Vulnerable Conditions||45 / 100|
|Freedom of Association||0 / 100|
|Worker Engagement||12.5 / 100|
|Grievance Mechanism||10 / 100|
|Monitoring Process||10 / 100|
|Monitoring Disclosure||20 / 100|
|Corrective Action Plans||50 / 100|
|Remedy Programs||25 / 100|