ASE Technology Holding named on CDP A List 2019 for leading efforts against Climate Change
Taipei, Taiwan, January 21, 2020. 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.
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