What is ASMPT’s net-zero target?

ASMPT is committed to achieving net-zero greenhouse gas emissions for Scope 1 and Scope 2 by 2035.

What baseline year does ASMPT use for its net-zero target?

ASMPT uses 2020 as the baseline year for its Scope 1 and Scope 2 net-zero target.

What progress has ASMPT made toward its net-zero target?

As of 2025, ASMPT reduced Scope 1 and 2 emissions by 34% compared to the 2020 baseline, exceeding its Phase 1 target of a 30% reduction by 2026.

What are ASMPT’s interim decarbonisation milestones?

ASMPT has defined three milestones toward net-zero: 30% reduction by 2026 (Phase 1), 50% reduction by 2030 (Phase 2), 100% reduction by 2035 (net-zero)

What are ASMPT’s Scope 1 and Scope 2 emission reduction targets?

ASMPT has committed to a 63.2% reduction in Scope 1 and Scope 2 emissions from a 2020 base year, aligned with Science Based Targets initiative (SBTi) requirements.

What strategies does ASMPT use to achieve net-zero emissions?

ASMPT applies six decarbonisation strategies: Energy demand reduction, Renewable energy self-generation, Electrification, Renewable power purchase agreements (PPAs), Virtual PPAs and renewable energy certificates (RECs), Carbon offset credits for residual emissions

How does ASMPT reduce energy demand to achieve net-zero?

ASMPT reduces energy demand by upgrading equipment, improving production efficiency and optimising facility energy systems to lower emissions from operations.

How does ASMPT increase renewable energy use?

ASMPT increases renewable energy use through: On-site renewable energy systems such as photovoltaic installations, Renewable electricity sourcing through PPAs, Use of renewable energy certificates (RECs) where direct sourcing is not available

What role does electrification play in ASMPT’s net-zero strategy?

Electrification supports net-zero by replacing fossil fuel-based systems with electric alternatives, including heating systems and vehicle fleets.

How does ASMPT address emissions that cannot be eliminated?

ASMPT plans to use verified carbon offset credits as a final measure to address residual emissions that cannot be reduced through operational improvements.

How does ASMPT ensure its net-zero targets are aligned with climate science?

ASMPT’s emission reduction targets are validated by the Science Based Targets initiative (SBTi), ensuring alignment with recognised climate science standards.

How does ASMPT track progress toward net-zero emissions?

ASMPT tracks greenhouse gas emissions using defined baselines, monitors performance against reduction targets and regularly reviews its decarbonisation strategy to ensure alignment with international standards.

ASMPT Net-Zero 2035

Name: ASMPT Limited
Address: SG

Our Commitment: Climate Neutrality for Scope 1 and Scope 2 by 2035

With a focus on making an active contribution to the Paris climate targets, we have set ourselves the goal of “ASMPT Net-Zero 2035” for direct emissions from our own sources (scope 1) and for indirect emissions, especially from purchased energy (scope 2). By setting this ambitious timeline, we are accelerating our efforts in carbon reduction.

Clear Decarbonisation Milestones in Three Implementation Stages

Our Net-Zero Transition Plan

These five categories underpin our net-zero transition plan:

Energy Demand Reduction: Implement Energy Saving Measures across all Facilities

Committed to SBTi near term target
Established targets and initiatives for each site, provide clear cadence to drive progress
Initiatives include facilities management & production process efficiency improvements
Ongoing investment in high-efficiency equipment and optimised energy management systems.
In 2025, a China plant upgraded 20 air conditioning units to high-efficiency models, saving approximately 65,000 kWh annually.

Renewable Energy Self-Generation: Incorporate Solar Energy Generation System on Relevant Sites

Expansion of photovoltaic and other renewable installations.
In 2025, a US$900,000+ solar PV system was installed in Malaysia, expected to generate over 1,700 MWh and reduce ~1,200 tonnes of GHG emissions annually.

Renewable Energy Purchase: Pursue Renewable Energy Power Purchase Agreements / Renewable Energy Certificates for Net-Zero Goals

Global headquarter in Singapore uses 100% renewable energy
In 2025, Weymouth (UK) site achieved 100% renewable electricity and gas usage
In 2025, a China plant reached approximately 90% renewable energy usage
Set plans to gradually phase in renewable energy for all sites – near-term targets to focus on Europe & Southeast Asia facilities being 100% renewable energy by 2030
Securing long-term Power Purchase Agreements for 100% renewable electricity supply
In 2025, a China plant commissioned a rooftop solar PPA project, installing PV panels over 2,900 m² and generating ~650 MWh annually, with excess electricity supplied to the grid.
Utilising Virtual Power Purchase Agreements and Renewable Energy Certificates in regions where PPAs are not available.
Plants in Germany, China, the UK and Singapore procured RECs from sources such as solar, wind and hydropower, while the UK site acquired Renewable Gas Guarantees of Origin for verified renewable biogas supply.
ASMPT monitors green technologies and reviews its low-carbon transition plan, using verified carbon offsets as a last option for residual emissions.

Electrification: Convert Carbon-Emitting Tools to Electric Powered (e.g. Vehicles, Heating Systems)

Phasing out fossil fuel-based systems in favour of electric alternatives, including heating systems and fleet vehicles.
In 2025, a China plant installed heat recovery systems for machinery
In 2025, the UK plant transitioned its passenger fleet to fully electric vehicles, with the next step being the electrification of trucks.

Education & Governance: Strategic Investments in Human Capital, such as Training, Awareness-Building, etc.

Established a central cross-functional ESG team, reporting to executive management committee & board, to drive strategic planning, communication, change management & engagement on ESG-related matters
Incorporate regular communications strategy for ESG education and outreach for group-wide employees
2025, ASMPT conducted multiple rounds internal Sustainable Product Workshops

ASMPT Net-Zero 2035

Clear Decarbonisation Milestones in Three Implementation Stages

Our Net-Zero Transition Plan

Energy Demand Reduction: Implement Energy Saving Measures across all Facilities

Renewable Energy Self-Generation: Incorporate Solar Energy Generation System on Relevant Sites

Renewable Energy Purchase: Pursue Renewable Energy Power Purchase Agreements / Renewable Energy Certificates for Net-Zero Goals

Electrification: Convert Carbon-Emitting Tools to Electric Powered (e.g. Vehicles, Heating Systems)

Education & Governance: Strategic Investments in Human Capital, such as Training, Awareness-Building, etc.

Performance Highlights and Targets

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ASMPT Net-Zero 2035

Clear Decarbonisation Milestones in Three Implementation Stages

Our Net-Zero Transition Plan

Energy Demand Reduction: Implement Energy Saving Measures across all Facilities

Renewable Energy Self-Generation: Incorporate Solar Energy Generation System on Relevant Sites

Renewable Energy Purchase: Pursue Renewable Energy Power Purchase Agreements / Renewable Energy Certificates for Net-Zero Goals

Electrification: Convert Carbon-Emitting Tools to Electric Powered (e.g. Vehicles, Heating Systems)

Education & Governance: Strategic Investments in Human Capital, such as Training, Awareness-Building, etc.

Performance Highlights and Targets

In order to be able to use all functions of this website, either a login or a registration is necessary.

In order to be able to use all functions of this website,
either a login or a registration is necessary.