ASM JOINS SEMICONDUCTOR CLIMATE CONSORTIUM AS FOUNDING MEMBER
ASM International, based in Almere, Netherlands, has become a founding member of the Semiconductor Climate Consortium (SCC), aimed at cutting greenhouse gas emissions in the semiconductor industry. This collaboration includes multiple stakeholders across the semiconductor value chain and is supported by SEMI, the industry association. ASM aims for Net Zero emissions by 2035, leveraging SCC to address Scope 3 emissions. The consortium will launch its initiatives at COP27 in Egypt, promoting sustainability efforts across the industry.
- Founding member of the Semiconductor Climate Consortium (SCC) focused on sustainability.
- Aims for Net Zero emissions by 2035, aligning with global sustainability goals.
- Involvement in the SCC enhances ASM's collaborative efforts to address climate change.
- None.
Almere, The Netherlands
November 03, 2022
ASM International (Euronext Amsterdam: ASM) today announced it has joined as a founding member of the Semiconductor Climate Consortium (SCC), the first global collaborative of semiconductor companies focused on reducing greenhouse gas emissions.
The SCC is formed with other companies across the semiconductor value chain and SEMI, the global industry association representing the electronics, manufacturing, and design supply chain. The SCC is established with the goal to build a lasting framework that connects stakeholders to leverage member knowledge and improve the speed and scale by which the industry can respond to climate change.
“Focus on sustainability is one of the pillars in our strategy. We are excited to be a founding member of the SCC, which we see as a fundamentally innovative solution to this significant industry challenge.” said Benjamin Loh, CEO of ASM.
As ASM works toward its target of Net Zero emissions by 2035, a key benefit of the SCC will be in methods and standards for addressing Scope 3 collaboratively across the semiconductor industry value chain.
ASM played a key role in the creation of the SCC, represented by John Golightly, ASM Senior Director of Environmental Health and Safety & Sustainability, who led the formation of, and chaired the SEMI working group that developed the scope and framework of the SCC. “Past methods of engaging our value chain are insufficient given the needed scale and limited time available. Together through the SCC we strive to achieve impact and scale well beyond our individual efforts in response to the climate change.” said John Golightly.
“I applaud ASM for its commitment to become a founding member of the Semiconductor Climate Consortium (SCC) and for its continued support of global sustainability efforts,” said Ajit Manocha, SEMI President and CEO. “Individually, SEMI member companies have made tremendous strides on sustainability, but we need to pool industry resources to solve the difficult decarbonization challenges and to meet tracking and reporting requirements across the value chain. The SCC members look forward to defining and prioritizing sustainability goals and to harness the collective energy of the global semiconductor supply chain to create solutions.”
The SCC and SEMI will hold launch ceremonies and discussion panels at COP27 in Sharm El-Sheikh, Egypt.
About ASM International
ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International's common stock trades on the Euronext Amsterdam Stock Exchange (symbol ASM). For more information, visit ASM's website at www.asm.com
Cautionary Note Regarding Forward-Looking Statements: All matters discussed in this press release, except for any historical data, are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These include, but are not limited to, economic conditions and trends in the semiconductor industry generally and the timing of the industry cycles specifically, currency fluctuations, corporate transactions, financing and liquidity matters, the success of restructurings, the timing of significant orders, market acceptance of new products, competitive factors, litigation involving intellectual property, shareholders or other issues, commercial and economic disruption due to natural disasters, terrorist activity, armed conflict or political instability, changes in import/export regulations, epidemics and other risks indicated in the Company's reports and financial statements. The Company assumes no obligation nor intends to update or revise any forward-looking statements to reflect future developments or circumstances.
CONTACT
Investor and media contact:
Victor Bareño
T: +31 88 100 8500
E: investor.relations@asm.com
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