- Taiwan Semiconductor Manufacturing manufactures and markets integrated circuit
- It aims to reduce its water consumption and greenhouse gas emissions
Andrew Ness, co-manager of Templeton Emerging Markets Investment Trust (TEM), explains how Taiwan Semiconductor Manufacturing Company (TAI:2330) should benefit from reducing its environemental impact.
"Technology hardware and semiconductor products and services offer significant opportunities for reducing resource intensity and increasing social cohesion. These create wealth, opportunity and empowerment through broader access to information. Many companies in this industry operate in markets where environmental regulation is becoming more restrictive and the availability of natural resources such as water could have an impact on capacity utilisation if this is not managed appropriately.