TAIPEI, Taiwan--(BUSINESS WIRE)--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 a place on the CDP A List 2019 and is the only publicly listed company from Taiwan to make the prestigious list for the third time.
Against a backdrop of increasing climate risks and the transition towards decarbonization, ASE is at the forefront of sustainability development and is leading the industry to achieve a low carbon economy that is environmental-friendly, resilient and cost effective. Tackling climate change presents ASE an opportunity to transform risks and challenges into a force for good that drives the company’s long term growth. The company has incorporated the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) into its Enterprise Risk Management (ERM) as part of its comprehensive carbon management strategy.
In 2014, ASE was the first company in Asia to issue green bonds with its proceeds earmarked for green buildings and green production. ASE launched a second green bond issue in 2019, applying the proceeds towards more recycling, reuse and conservation efforts.
For four years consecutively since 2016, ASE has been named Industry Segment Leader in the annual Dow Jones Sustainability Indices (DJSI) and listed on the DJSI World and DJSI Emerging Markets. For the year 2019, ASE is the only company from Taiwan to be recognized on both the DJSI and CDP A list, blazing a trail for sustainability leadership.
CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. Within the 11 metrics in the CDP disclosure survey, ASE scored A in 6 of the critical metrics, underscoring the efforts of the company to ensure corporate transparency and accountability of its environmental actions.
For more information on ASE Technology Holding Co., Ltd’s corporate sustainability, please visit https://www.aseglobal.com/en/csr/
CDP A List Methodology
In 2019, over 525 investors with over US$96 trillion in assets and 125 major purchasers with US$3.6 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform and over 8,400 responded. Only 179 companies (2%) made the A List and ASE is among the 3 companies from Taiwan on the list.
A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. Those that do not disclose or provide insufficient information are marked with an F.
The Climate Change A List is published by CDP each year, alongside the A Lists for leadership on protecting forests and water security.
The full list of companies that made this year’s CDP Climate Change A List is available here, along with other publicly available company scores: https://www.cdp.net/en/companies/companies-scores
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, visit www.aseglobal.com or twitter @asegroup_global
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 2018 Annual Report on Form 20-F filed on April 26, 2019.
