Taiwan Semiconductor Manufacturing Corp. (TSMC) plans to purchase 200 million kilowatt hours (kWh) of green power in 2016—doubling its spending on renewable energy development from last year.
The pure-play foundry purchased 100 million kWh of environmentally friendly low-carbon green energy in 2015, and the new purchase accounts for 20% of the green power made available for purchase by Taiwan’s Ministry of Economic Affairs Bureau of Energy in 2016. TSMC says 200 million kWh of green power, which causes virtually no carbon emissions, will reduce the company’s emissions by more than 100 million kilograms, equivalent to the carbon absorbed by 10 million trees in one year.
TSMC says it is looking at more environmentally sustainable operations and will look to improve these capabilities with green buildings, green fabs, green manufacturing, green supply chain and more.
“The impact of climate change caused by global warming on human health, lifestyles and the economy is one of the most important issues facing businesses today,” says Lora Ho, TSMC spokesperson and Senior VP. “Our hope is to contribute to the development of renewable energy and care for the Earth to adapt to climate change.”
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