Supply Chain Digital Magazine December 2022 | Page 141

Taiwan Semiconductor Manufacturing Company ( TSMC )
Samsung Electronics Company

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Taiwan Semiconductor Manufacturing Company ( TSMC )

Founded : 1987 , Taiwan
Revenue : $ 362bn
Like many huge organisations , semiconductor process technology company TSMC is focused on becoming more sustainable , viewing its supply chain as a vital means of working towards this .
“ Suppliers are important partners to us on the road to sustainable management ,” says a spokesperson for TSMC . “ We aspire to create a responsible supply chain by elevating ESG standards .” It is driving positive change through its Supply Online 360 technology , an online management platform for a global sustainable supply chain . ethical performance ratings for global supply chains – awarded Coca-Cola European Partners with Best Supplier Engagement .

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Samsung Electronics Company

Founded : 1938 , Daegu , South Korea
Revenue : $ 200bn
Samsung Electronics has some rigorous guidelines in its supply chain concerning ESG . Suppliers must prove that their employees are safe , and must – among many other things – prove they have adequate fire prevention , in addition to equipment for dealing with sewage securely . Child labour and ‘ inhumane treatment ’ are other areas it closely monitors , adamant that all workers in its supply chain receive a minimum wage . South Korea ’ s biggest company will also only conduct business with suppliers who are eco-certified .
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