Our Net-Zero Transition Plan
These five categories underpin our net-zero transition plan:
Energy Demand Reduction: Implement Energy Saving Measures across all Facilities
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
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
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)
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.
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
