The Only Company in The Asian Semiconductor Industry to Leverage on Green Bonds for Advancing Sustainability.
亞洲唯一半導體業持續發行綠色債券促進永續發
ASE Technology Holding Co., Ltd.
INTRODUCTION
The green bond market has witnessed strong growth since its creation in 2007 and it is another financial instrument to fund projects that yields positive environmental and climate impacts. The success of the sustainability programmes funded through green bonds in 2014 encouraged ASEH to launch a second green bond issuance in 2019. The funds were put into the construction of green facilities, adoption of energy saving and efficiency improvements, establishment of water recycling plants, and research and development of green products. In recent years, the Company developed and implemented smart manufacturing practices that have generated significant social and economic benefits through technology sharing within the industry. The use of green bonds remain an integral part of the Company’s strategy towards a low carbon, circular, inclusive and collaborative future.
FRAMEWORK AND STRATEGY
In order for the Company to achieve low carbon emission, an integration of internal resources and a collaboration with an external team of professionals was carried out with the goal of developing green financing solutions that applies stringent environmental standards for the establishment of green facilities, smart grid and the use of renewable energy. The Company built water recycling plants and adopted lifecycle design concepts to promote circular economy and their collaborative efforts have sparked the co-creation of value and promoted environmental education and social integration.ACHIEVEMENT AND IMPACT
ASEH demonstrated unique sustainability leadership within the Asian semiconductor industry, through the use of green financial instruments that raised a total of US$600 million for sustainability programmes. The environmental benefits generated from green bonds include a reduction in carbon emissions of 35,000 tCO2e per year which is equivalent to the carbon emissions from the energy used to power 187,000 local households and the recycling of 658 tons of water per year which is equivalent to the annual amount of water used by 64,000 local citizens.The highlights of the project include the construction of the largest complex of green facilities in the global semiconductor assembly and testing industry and the integration and implementation of smart manufacturing, followed by the construction of the largest water recycling plant in the local manufacturing industry. To add on to that, proceeds from the green bonds were reinvested to continue sustainable development projects.
FUTURE DIRECTION
The use of green bonds to implement sustainable projects is rare in the electronics industry. ASEH saw green bonds as an opportunity to raise funds in the bond market to complement its diverse efforts in sustainable development and building shareholder confidence. Moving forward, the Company will continue to execute long term programmes that will fulfil their commitment in lowering carbon emissions, recycling, and increasing social integration and value co-creation. As a leading semiconductor service provider, the Company will apply their technologies to emerging fields of the future and deploy smart manufacturing to enable a more productive and sustainable world.
ASE Technology Holding Co., Ltd. (ASEH) is a global leader in
semiconductor assembly, test and systems design and manufacturing
while offering complete turnkey solutions covering front-end engineering
test, wafer probing and final test, IC packaging, materials and electronic
manufacturing services. Their sales and manufacturing facilities are
located in Asia, North America and Europe.
