Dow Jones Sustainability Indexes names TSMC group leader
CNATAIPEI -- Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chip maker, said Wednesday that it has been named the Semiconductors and Semiconductor Equipment Industry Group Leader by the Dow Jones Sustainability Indexes (DJSI).
September 19, 2013, 12:25 am TWN
TSMC said the company is the first Taiwanese company to be recognized as the group leader and to win the highest score among its peers in the DJSI's 24 industry groups, which include 59 industries.
It noted that the chip maker was named the semiconductor sector leader in 2010 and 2012.
TSMC said it has also been selected as one of the DJSI World Index components for the 13th consecutive year.
Of the semiconductors and semiconductor equipment industry group companies, the chip maker said it earned the highest scores in a wide range of categories, such as supply chain management, environmental policy and management system, and operational eco-efficiency.
It also won the highest scores in the water-related risks, human capital development, labor practice indicators and human rights, social reporting, and stakeholder engagement categories.
A day earlier, rival United Microelectronics Corp. (UMC) said it had also been selected as a component of the DJSI World Index. It is the sixth consecutive year UMC has been selected.
The DJSI, launched jointly by the Dow Jones Index, STOXX and Sustainable Asset Management in 1999, is the first index that traces social responsibility performance of the world's leading enterprises, and is also one of the most credible evaluation tools for reviewing sustainability across the globe.
The DJSI World Index evaluates 2,500 large-sized companies in the world. This year, only 333 were selected to become the index's global components.