ASE Technology Holding Co., Ltd. (TAIEX: 3711, NYSE: ASX), the leading provider of semiconductor packaging, test and system assembly services, today announced that it has achieved the best overall performance on the Dow Jones Sustainability Indices (DJSI) - Semiconductors and Semiconductor Equipment Industry Group for the sixth consecutive year. The DJSI achievement is a firm recognition of ASE’s outstanding performance in sustainability in tandem with growth and innovation in a competitive global industry.
As the best-in-class company on the Semiconductors and Semiconductor Equipment Industry Group, ASE received the highest scores in customer relationship management, innovation management, risk and crisis management, privacy protection, environmental reporting, product stewardship, social reporting, human rights, and corporate citizenship and philanthropy as well as full marks in 8 other categories. This year, a total of 65 companies were assessed in the Semiconductors and Semiconductor Equipment Industry Group and 9 of the companies including ASE made the cut on the 2021 DJSI World. The DJSI World index represents the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index based on long-term economic, environmental and social criteria.
“Despite facing headwinds and the uncertainty of a prolonged Covid-19 pandemic since 2020, ASE managed to record healthy profits and a steady revenue growth of 21% in the first three quarters of the year,” said Jason Chang, Chairman and CEO, ASE Technology Holding. “It is an honor to be selected as a DJSI industry leader again on the 2021 index, and we will continue to play an active role contributing positively to the environment, economy and society,” he continued.
Charting a Low Carbon Future. As the threat of a climate crisis intensifies, ASE is aggressively reducing carbon emissions through the submission of targets to SBTi (Science Based Targets Initiative), committing to Net Zero emissions by 2050. Around the world, ASE has 11 factories powered completely by renewable energy. Overall, the company has increased its renewable energy use by 38% year on year, accounting for 18% of total energy consumption. ASE operates the largest semiconductor water recycling facility in Taiwan. The water recycling facility allows ASE to reuse each drop of water up to three times and surpass an accumulated volume of 20 million tons of water recycled.
Creating a Quality Workplace. To mitigate the impact of Covid-19 on business operations, ASE continues to invest in technology and infrastructure to develop robust response and recovery mechanisms. The well-being of employees are top priorities at ASE and the company is committed to providing a quality environment that ensures their health and safety. In the early days of the pandemic, the company built a class 100K clean room facility to manufacture high quality medical-grade face masks for distribution to employees free of charge.
Promoting Social Cohesion. The ASE Cultural and Educational Foundation and the ASE Foundation for Environmental Sustainability are responsible for developing long-term social projects in line with ASE’s social involvement strategy through ‘environmental conservation’, ‘industry-academia collaboration’, ‘community engagement’ and ‘public advocacy’. Programs include installation of LED lights in schools, smart grid deployment in Shanlin Junior High, reforestation projects and elderly care activities. The acceleration in digital transformation has allowed ASE to extend the deployment of digital technologies into the public education realm. Recently, ASE has incorporated augmented reality (powered by a fast 5G mmWave network) at its Green Technology Education Center. The center uses AR to offer visitors an immersive experience that increases their understanding of ASE’s strategies in water recycling and water management.
“At ASE, we are driving our global operations towards higher ESG standards in line with the company’s Integrate, Expand and Innovate strategies. We remain committed to leading the charge in improving the quality of life in a smart world and creating a better future for all,” Jason Chang concluded.
For more information on ASE Technology Holding Co., Ltd’s corporate sustainability, please visit http://www.aseglobal.com/en/csr/
About the Dow Jones Sustainability Indices (DJSI)
The Dow Jones Sustainability Indices (DJSI) are a family of best-in-class benchmarks that recognize companies with sustainable business practices. The family was launched in 1999 as the first global sustainability benchmark and tracks the stock performance of the world's leading companies in terms of economic, environmental and social criteria. For more information, please visit https://www.spglobal.com/esg/csa/
About ASE Technology Holding Co., Ltd.
ASE Technology Holding Co., Ltd. is among the leading providers of independent semiconductor manufacturing services in assembly, test, materials and design manufacturing. As a global leader geared towards meeting the industry’s ever growing needs for faster, smaller and higher performance chips, ASE Technology Holding develops and offers a wide portfolio of technology and solutions including IC test program design, front-end engineering test, wafer probe, wafer bump, substrate design and supply, wafer level package, flip chip, system-in-package, final test and electronic manufacturing services. For more information about ASE Technology Holding, please visit www.aseglobal.com ; Twitter: @asegroup_global ; Linkedin: https://www.linkedin.com/company/ase-group
Safe Harbor Notice
This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan” and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People’s Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors. For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2020 Annual Report on Form 20-F filed on April 6, 2021.
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Contacts
Eddie Chang
eddie_chang@aseglobal.com
