ASMPT Net-Zero 2035

Our Target:
Net-Zero Scope 1 and Scope 2 Emissions by 2035

ASMPT aims to achieve net zero Scope 1 emissions from sources it owns or controls, and net zero Scope 2 emissions from purchased energy by 2035, using 2020 as the baseline year. Our transition plan, interim milestones and progress are outlined below.

Clear Decarbonisation Milestones in Three Implementation Stages

Our Net-Zero Transition Plan

These five categories underpin our net-zero transition plan:

Committed to SBTi near term target
Established targets and initiatives for each site, provide clear cadence to drive progress
Initiatives include facilities management & production process efficiency improvements
Ongoing investment in high-efficiency equipment and optimised energy management systems.
In 2025, a China plant upgraded 20 air conditioning units to high-efficiency models, saving approximately 65,000 kWh annually.

Expansion of photovoltaic and other renewable installations.
In 2025, a US$900,000+ solar PV system was installed in Malaysia, expected to generate over 1,700 MWh and reduce ~1,200 tonnes of GHG emissions annually.

Global headquarter in Singapore uses 100% renewable energy
In 2025, Weymouth (UK) site achieved 100% renewable electricity and gas usage
In 2025, a China plant reached approximately 90% renewable energy usage
Set plans to gradually phase in renewable energy for all sites – near-term targets to focus on Europe & Southeast Asia facilities being 100% renewable energy by 2030
Securing long-term Power Purchase Agreements for 100% renewable electricity supply
In 2025, a China plant commissioned a rooftop solar PPA project, installing PV panels over 2,900 m² and generating ~650 MWh annually, with excess electricity supplied to the grid.
Utilising Virtual Power Purchase Agreements and Renewable Energy Certificates in regions where PPAs are not available.
Plants in Germany, China, the UK and Singapore procured RECs from sources such as solar, wind and hydropower, while the UK site acquired Renewable Gas Guarantees of Origin for verified renewable biogas supply.
ASMPT monitors green technologies and reviews its low-carbon transition plan, using verified carbon offsets as a last option for residual emissions.

Phasing out fossil fuel-based systems in favour of electric alternatives, including heating systems and fleet vehicles.
In 2025, a China plant installed heat recovery systems for machinery
In 2025, the UK plant transitioned its passenger fleet to fully electric vehicles, with the next step being the electrification of trucks.

Established a central cross-functional ESG team, reporting to executive management committee & board, to drive strategic planning, communication, change management & engagement on ESG-related matters
Incorporate regular communications strategy for ESG education and outreach for group-wide employees
2025, ASMPT conducted multiple rounds internal Sustainable Product Workshops