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 we do it
- Embedding ESG at every level of our organisation through a clear governance structure, diverse leadership representation, and active employee engagement worldwide. In 2024, this structure was further strengthened with new Executive Committee members, enhancing functional diversity and decision-making quality.
- Managing risks holistically by integrating sustainability and climate-related risks into our enterprise-wide risk management framework. Our internal control system is regularly reviewed and audited to ensure resilience, business continuity and regulatory compliance.
- Fostering a strong culture of integrity through a global Code of Business Conduct, mandatory anti-corruption training, and secure whistleblowing channels. In 2024, no legal cases related to corrupt practices were reported, underlining the effectiveness of our compliance systems and ethical standards.
- Ensuring product quality and safety by applying our “Design for Excellence” approach, backed by ISO certifications and proactive issue management. In 2024, there were no product recalls, and ASMPT received the Texas Instruments Supplier Excellence Award for the second consecutive year.
- Upholding high standards in our supply chain through a binding Supplier Code of Conduct, regular due diligence and structured risk assessment. In 2024, 60% of our suppliers (by purchase volume) completed a self-assessment, and corrective actions were enforced where needed to ensure transparency and accountability.
- Safeguarding data and systems with a multi-layered cybersecurity strategy aligned with international standards, including regular audits and penetration testing. In 2024, ASMPT recorded no incidents of data breaches or privacy complaints.
Our actions and strategies on governance are aligned with the following SDGs:
At ASMPT, effective risk management and internal control are fundamental to our long-term success and sustainability. Our comprehensive approach integrates ESG considerations into our enterprise risk management framework, ensuring we’re well-positioned to navigate both current and emerging challenges while creating value for all our stakeholders.
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).
