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ASM's Climate Leadership Recognized with CDP's A List Honor

ASM's Climate Leadership Recognized with CDP's A List Honor

ASM Receives Prestigious CDP A List Recognition

In a significant achievement for corporate sustainability, ASM has been awarded CDP's esteemed 'A List' ranking for its outstanding performance in climate and water reporting. This recognition highlights ASM's leadership and transparency in sustainable practices within the semiconductor industry.

Historic Achievement in Sustainability Reporting

This honor marks the first time ASM has attained A List status, as designated by the global environmental non-profit, CDP. The ambitious organization evaluates thousands of companies annually, and only a select few are recognized for exemplary sustainability leadership. Out of over 22,000 submissions, ASM stands out as one of the few semiconductor firms to receive an A grade for both climate and water assessments.

Commitment to Renewable Energy and Efficiency

Consistency in environmental reporting has been a cornerstone of ASM’s approach for thirteen years. By 2024, the company achieved 100% renewable electricity across its global operations, further emphasizing its commitment to sustainable business practices. This milestone plays a critical role in ASM’s strategy to reduce its carbon footprint.

Investment in Sustainable Technologies

ASM's dedication to meaningful climate action is evident in its substantial investments in research and development. The company aims to enhance the energy efficiency of its deposition equipment. This innovation not only benefits ASM but also supports customers in lowering their energy consumption without compromising on production performance.

Aspiring for Net Zero by 2035

In 2021, ASM set a bold vision of achieving net zero emissions by 2035. This target was recognized in 2023 by the Science Based Targets Initiative (SBTi), making ASM the first in the semiconductor sector to receive such approval. The company's Climate Transition Plan, released in early 2024, outlines actionable steps toward this ambitious goal, focusing on decarbonization, operational optimization, and collaboration with its value chain.

Innovative Facilities and Water Conservation

As part of its growth strategy, ASM is dedicated to meeting and exceeding green standards, including LEED building certification. The company is investing in a new facility in Scottsdale, Arizona, designed to reuse over 80% of its water consumption. Such initiatives not only lower ASM’s water footprint but also promote circular resource use.

Leadership Statements on Sustainability

John Golightly, ASM's VP of Sustainability, expressed pride in the company's latest recognition. He emphasized the significance of CDP’s A List as the gold standard for environmental reporting. Golightly stated, "Our journey towards sustainability has been a team effort, and this accolade is a testament to everyone's hard work. We strive to lead in sustainable semiconductor manufacturing and are relentless in pushing the boundaries of environmental innovation."

About ASM International

Headquartered in Almere, the Netherlands, ASM International N.V. designs and manufactures essential equipment for producing semiconductor devices. With a presence in the United States, Europe, and Asia, ASM has positioned itself as a leader in wafer processing technology. Its common stock is traded on the Euronext Amsterdam Stock Exchange under the symbol ASM. For more information about ASM and its innovative approaches to sustainability, interested parties can visit ASM’s official website.

Contact Information

For further inquiries, please reach out to:

Victor Bareño
T: +31 88 100 8500
E: investor.relations@asm.com

Valentina Fantigrossi
T: +31 88 100 8502
E: investor.relations@asm.com

Frequently Asked Questions

What is CDP's A List?

CDP's A List is a prestigious ranking that recognizes companies for their exceptional climate and water reporting, demonstrating leadership in sustainability.

How does ASM stand out in sustainability efforts?

ASM has achieved significant milestones, including a commitment to 100% renewable electricity and a goal of net zero emissions by 2035.

What initiatives is ASM implementing for water conservation?

ASM is designing a new facility in Arizona to reuse over 80% of its water, aiming to significantly reduce its water footprint.

Who can be contacted for investor relations at ASM?

Victor Bareño and Valentina Fantigrossi are the designated contacts for investor relations at ASM.

How long has ASM been reporting to CDP?

ASM has been consistently reporting to CDP for thirteen years, continually enhancing its environmental strategies and performance.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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