The world’s largest microcircuit manufacturer Taiwan Semiconductor Manufacturing (TSMC) declared a desire to achieve zero emissions by 2050. On the company’s intention to compete for climate reports Reuters.
Taiwan company TSMC has put a short-term goal of achieving zero emissions by 2025, promising to take measures to reduce harmful emissions and switch to the use of renewable energy sources. “TSMC is aware that climate change has a serious impact on the environment and humanity. As the world’s leading semiconductor manufacturing company, TSMC should take on corporate responsibility in the face of climate change problem,” said Mark Liu.
The new environmental policy of the company, among the main clients of which Apple and Qualcomm giants correspond to the plan of the President of the Republic of China (Taiwan) Tsai Invention. According to the Ministry of Economy, last year, coal provided 45 percent of Taiwan’s electricity, and liquefied natural gas (LNG) served as a second place with almost 36 percent. According to the government plans, the share of coal in the power consumption of the island by 2025 will fall up to 30 percent, while the proportion of LNG will grow to about 50 percent, and renewable energy sources – up to 20 percent, compared with 5.4 percent in 2020.
The achievement of zero emissions has become a global environmental agenda. UN Secretary-General Antoniou Guterris warned the country about the need for urgent revision of environmental programs to avoid destructive phenomena throughout the planet. According to him, delays with a reduction in hazardous emissions can lead to irreversible consequences for climate.
Energy companies investors were also puzzled by climate change issues, publishing an extensive environmental program for oil giants such as BP and Shell. Shareholders call on companies to take care of the planet by reducing greenhouse gas emissions and reducing fossil fuel production.