Building Trust Through Ethical Leadership
We believe that good governance begins with ethical leadership and transparency. By maintaining the highest standards of integrity and accountability, we build trust with shareholders, employees and partners.
Our open, collaborative approach with stakeholders ensures continuous improvement, responsible sourcing and an unwavering commitment to sustainability and human rights. Protecting intellectual property and safeguarding data through rigorous cybersecurity practices are cornerstones of our innovation. With a foundation built on respect, equality and open communication, we are committed to exceeding the expectations of all who depend on us.
How Do We Do This?
- Board oversight: A robust governance structure ensures that the Board of Directors provides clear oversight of risk management, compliance and ethical conduct across all operations.
- Risk management: Sustainability and climate-related risks are considered within the Group’s Enterprise Risk Management (ERM) framework. Any material risks would be identified by the ESG Team and submitted to the Strategic Risk Review Committee (SRRC) for assessment, and if necessary, reported to the Executive Committee (EXCO) to assign risk owners.
- Business ethics: ASMPT’s Code of Business Conduct and Supplier Code of Conduct were updated during the reporting period, supported by a comprehensive Anti-Corruption Policy and reinforced through mandatory training and regular awareness campaigns.
- Whistleblowing: Regional whistleblowing channels were strengthened, including an anonymous online reporting form, ensuring accessibility, confidentiality and impartial investigation.
- Product responsibility: No product recalls occurred during the reporting period. ISO 9001 certifications were maintained across key global sites, and continuous improvement of products was carried out through internal design programmes.
- Supply chain standards: The Supplier Code of Conduct is aligned with Responsible Business Alliance (RBA) standards. It sets clear expectations for suppliers to uphold human rights, prevent forced labor, ensure safe working conditions, minimize environmental impact, and maintain transparent and accountable governance practices.
- Supply chain accountability: Annual supplier assessments, combined with focused remediation for identified risks, promote transparency and continuous improvement.
- Cybersecurity: Aligned with ISO 27001, General Data Protection Regulation (GDPR) and TISAX standards, ASMPT’s cybersecurity framework is reinforced through proactive monitoring, penetration testing and external audits. No data breaches or privacy complaints were reported during the period.
Our actions and strategies on governance are aligned with the following SDGs:
Strong governance is not only about compliance. It is about creating a culture of integrity and responsibility that guides every decision, protects our stakeholders and ensures that our impact – from our supply chain to our products – contributes to a more sustainable future.
Governance Documents
Group Internal Audit Department
The group internal audit department assists the company to accomplish its objectives by formulating a disciplined and systematic approach to evaluate and improve the effectiveness and efficiency of risk management, internal control and governance processes and the integrity of ASMPT’s operations.
The head of the group internal audit department is directly accountable to the Audit Committee for effectively discharging the responsibilities and duties of the role.
- Submit an assessment on the adequacy and effectiveness of the ASMPT’s processes for controlling its activities and managing its risks in all areas of ASMPT’s operations on an annual basis.
- Report significant issues relating to the processes controlling the activities of ASMPT, together with the recommendations for improvements to those processes.
- Provide information periodically on the status and results of the annual audit plan and the sufficiency of department resources.
- Coordinate and work with other control and monitoring functions (like risk management, compliance, security, legal, ethics, environment and external audit).
