Supersized and specialised computer chip-making factories - foundries - are where most of the computer chips we use today come from.
The Taiwanese company TSMC has nearly 60% of the global foundry market. This article's headline is forward in suggesting TSMC is #greenwashing. The headline does reflect the growing #socialconsciousness (and increasingly regulatory environment) driving the materiality of green claims.
On the one hand, TSMC's twenty-year clean (solar) energy purchase is a good, albeit small, step. It will only reduce a tiny part of their carbon footprint. Conversely, TMSC has recognised early their suppliers' need to catch up in #decarbonisation so that TMSC can materially reach #netzero. Thus through this new initiative, TMSC actively incentivises their suppliers towards net zero by reserving half of this new #cleanenergy for use by those suppliers. It is an example of innovative behaviour-changing approaches available when adopting #energyasaservice strategies. #decarbonization
