ESG is an Integral Part of our Corporate Strategy
ASMPT has been growing steadily since 1975. While we enjoy healthy growth, we also continually improve on our operating efficiency and resource stewardship as we strive towards building a sustainable future that will create long-lasting value for our business, stakeholders, community and the environment.
We firmly believe that a successful business must be conducted in an environmentally and socially responsible as well as ethical manner, giving back to the communities where it operates. Hence we are committed to ensuring that our employees are protected and respected, our businesses align with ethical standards, our working environment is safe and healthy, and our responsiveness to the needs of the community.
ESG significantly influences ASMPT’s culture, human resources policies, business strategies and workflows. Business success and social responsibility have long been inseparably linked in our company. Moreover, as the world’s leading provider of comprehensive solutions for semiconductor and electronics manufacturing, we are committed to actively advancing ESG. After all, we owe our success not only to technical innovations and profits but also to our commitment to creating a positive and sustainable future for all our stakeholders. We summarize this under the motto “shaping a bright and sustainable future for customers, employees, investors, partners and society”, which instructs us to pursue a detailed agenda – for the entire Group, all business units and regions and for the goals of each individual employee at ASMPT.
ESG eBook 2024
The ESG eBook 2024 is our newest format: Designed for easy access, it offers a clear and engaging overview of our sustainability strategy – in a modern magazine layout, with short texts, visuals, interactive content and explainer videos. It’s ideal for anyone who wants to understand the essence of our four ESG pillars without having to read the whole ESG Report 2024.
As the Executive Office, our mission is vital: driving innovation through diverse perspectives, integrating sustainability and strategic thinking to shape a responsible, forward-looking business. We are committed to maintaining our position as an Innovation & Technology Leader in the semiconductor and electronics industry, continuously pushing boundaries to deliver cutting-edge solutions. Our goal is to pursue sustainability initiatives that enhance our profitability, ensuring long-term value creation for our stakeholders while contributing positively to the global community.
ASMPT’s Sustainability Framework
The group’s sustainability framework has been built on four pillars. They are precisely aligned with ASMPT’s strict governance requirements and form the cornerstones of ASMPT’s sustainability strategy.
Environmental
Impact
Minimising Environmental Impact
Environmental protection is one of the core principles of our sustainable strategies. As the leading semiconductor and electronics equipment manufacturing company, we believe it is our responsibility to conduct our activities responsibly with minimum impact to the environment.
- We comply with local and international laws and regulations to control greenhouse gas (“GHG”) emissions, water and land discharges, and waste generation.
- We monitor and manage operational resources, including energy, water, and raw materials.
- We aim to achieve net-zero emissions for Scope 1 and 2 by 2035 through reducing energy consumption, GHG emissions, waste and water consumption.
through
Innovation
Creating Value through Innovation
We generate value by prioritising research and development, delivering advanced technology and product innovations that drive the digital world.
- We embed sustainability in innovative and efficient products, streamline manufacturing processes and resource optimisation. This maintains a harmonious balance between innovation and environmental responsibility.
our
Employees
Nurturing our Employees
At the heart of our success are our employees.
- We are committed to cultivating a future-ready workforce in an environment that embraces diversity, equity, and inclusion.
- We emphasise talent development through provision of numerous learning and development opportunities which enable employees to grow and reach their full potential.
- We ensure that our ESG principles are strategically cascaded top-down and implemented through specific actions within our ENGAGE programme.
- We are dedicated to minimising workplace risks and enhancing workplace safety through the implementation of robust safety and health management systems.
- We pursue internal equity and external competitiveness in staff remuneration and recognition.
our
Communities
Supporting our Communities
Community engagement is integral to our corporate citizenship. We actively contribute to the well-being of the communities where we operate.
- We support charities, non-profit organisations and educational institutions by engaging in volunteer activities, partnerships and making monetary contributions.
- We encourage employees to actively participate and contribute to the community.
Minimising Environmental Impact
Environmental protection is one of the core principles of our sustainable strategies. As the leading semiconductor and electronics equipment manufacturing company, we believe it is our responsibility to conduct our activities responsibly with minimum impact to the environment.
- We comply with local and international laws and regulations to control greenhouse gas (“GHG”) emissions, water and land discharges, and waste generation.
- We monitor and manage operational resources, including energy, water, and raw materials.
- We aim to achieve net-zero emissions for Scope 1 and 2 by 2035 through reducing energy consumption, GHG emissions, waste and water consumption.
Creating Value through Innovation
We generate value by prioritising research and development, delivering advanced technology and product innovations that drive the digital world.
- We embed sustainability in innovative and efficient products, streamline manufacturing processes and resource optimisation. This maintains a harmonious balance between innovation and environmental responsibility.
Nurturing our Employees
At the heart of our success are our employees.
- We are committed to cultivating a future-ready workforce in an environment that embraces diversity, equity, and inclusion.
- We emphasise talent development through provision of numerous learning and development opportunities which enable employees to grow and reach their full potential.
- We ensure that our ESG principles are strategically cascaded top-down and implemented through specific actions within our ENGAGE programme.
- We are dedicated to minimising workplace risks and enhancing workplace safety through the implementation of robust safety and health management systems.
- We pursue internal equity and external competitiveness in staff remuneration and recognition.
Supporting our Communities
Community engagement is integral to our corporate citizenship. We actively contribute to the well-being of the communities where we operate.
- We support charities, non-profit organisations and educational institutions by engaging in volunteer activities, partnerships and making monetary contributions.
- We encourage employees to actively participate and contribute to the community.
Why is ESG firmly anchored in ASMPT's corporate strategy and what aspects contribute to the company's success?
"ESG and sustainability are no longer just nice-to-have initiatives but are critical and must-haves for leaders and true pioneers in any industry."
Richard Ooi
Global Head of ESG, ASMPT
More from Richard in the video.
ASMPT Materiality Assessment
Material factors to ASMPT have been redefined based on a materiality matrix.
To ensure our efforts are aligned with the expectations of our customers, employees, investors, partners and the wider society, ASMPT regularly conducts Materiality Assessments. In 2024, this process identified 19 ESG topics that are most relevant to our business and stakeholders. This approach helps us stay focused on what truly matters.
Environmental
Environmental
| No. | Material Factors |
| 1 | Environmental Compliance |
| 2 | GHG and Air Emissions |
| 3 | Energy Management in Manufacturing |
| 4 | Water Resource Management |
| 5 | Waste Management |
| 6 | Opportunities in Clean Technology & Innovation |
| 7 | Climate Risk Management |
Social
Social
| No. | Material Factors |
| 8 | Diversity, Equality & Inclusion |
| 9 | Labour Practices |
| 10 | Human Rights |
| 11 | Workplace Health & Safety |
| 12 | Human Capital Development & Talent Management |
| 13 | Community Investment |
Governance
Governance
| No. | Material Factors |
| 14 | Legal Requirement |
| 15 | Product Quality & Safety |
| 16 | Business Integrity & Corporate Governance |
| 17 | Cybersecurity and IP Protection |
| 18 | Supply Chain Management |
| 19 | Customer Relationship Management |
Governance
ASMPT believes that effective governance is built on a robust foundation of ethical behaviour and morals. We are committed to operating with the highest standards of integrity and accountability across all areas of our business.
