CORRECTING and REPLACING ASE Makes CDP’s Climate A List For the First Time
November 01 2016 - 4:59AM
Business Wire
ASE is the sole company from Taiwan and the
only outsourced semiconductor manufacturer on the Climate A List
issued by CDP, a non-profit global disclosure organization that
promotes low carbon outputs and the disclosing of climate
mitigation plans and risks
Second paragraph, second sentence of release should read:
Approximately 2,000 companies worldwide were assessed in 2016 and
these companies were ranked from A to F (instead of Approximately
6,000 companies worldwide were assessed...).
The corrected release reads:
ASE MAKES CDP’S CLIMATE A LIST FOR THE FIRST
TIME
ASE is the sole company from Taiwan and the
only outsourced semiconductor manufacturer on the Climate A List
issued by CDP, a non-profit global disclosure organization that
promotes low carbon outputs and the disclosing of climate
mitigation plans and risks
Advanced Semiconductor Engineering, Inc. (ASE, TAIEX:2311,
NYSE:ASX), the leading provider of semiconductor assembly and test
services, today announced that it has made the CDP’s Climate A List
for the first time. ASE is amongst 193 companies worldwide that was
included in the list and also the only company from within the
outsourced semiconductor manufacturing industry. Since 2009, ASE
has been proactively responding to CDP’s questionnaires on carbon
output disclosures and transparency in climate mitigation plans and
risks. In 2015, ASE signed on as a signatory to CDP’s initiative
5.1. Climate Change and Energy Efficiency.
According to the newly released CDP report ‘Out of the Starting
Block’, the CDP’s Climate A List comprises a strong set of
companies who lead on climate change mitigation today and in the
future. Approximately 2,000 companies worldwide were assessed in
2016 and these companies were ranked from A to F. Those ranked A,
were included in the Climate A List.
In the past year, ASE has shown significant improvements in
promoting low carbon output as well as in the management of its
greenhouse gas and carbon emissions. In 2015, ASE purchased a total
of 7,200 MWh of ‘accredited green electricity’ sourced from
renewable energy under the ‘Green Power Pilot Program’ by the
Bureau of Energy, Taiwan. This purchase has resulted in a reduction
of CO2 emission of about 3,754 metric tons equivalent to 312,000
trees planted. To further promote a low carbon environment, ASE has
committed to construct all new buildings according to international
green building standards. Since 2012, ASE has invested over $270
million in green buildings. As of today, 16 buildings at ASE are
certified by EEWH and LEED, with another 14 buildings undergoing
certification requirements. ASE is also playing its part in
educating and supporting public initiatives on carbon footprint
reduction by creating the ASE30 Environmental Conservation Fund.
The fund was established to commemorate the company’s 30th
anniversary and to promote programs in support of environmental
protection efforts in Taiwan. The company has committed to
contributing NT$100 million (US$3 million) per year from the NT$3
billion (US$100 million) fund for the next 30 years.
‘We are deeply honored to receive this recognition from CDP,
which is an organization identified by global investors to have the
most credible and beneficial sustainability reporting framework.
The inclusion of ASE on the Climate A List is a strong endorsement
of ASE and the team’s efforts in reducing our carbon footprint
while balancing business performance and increasing long term
shareholder value,’ says Jason Chang, Chairman and CEO of the ASE
Group. ‘As we continue to be an innovative player in advanced
semiconductor technology that forms the backbone of today’s
electronic products, we remain committed to take the lead in
creating a sustainable future that will reduce harm to humans and
the environment, and to protect mother nature.’
For more information on ASE’s corporate sustainability, please
click on link. http://www.aseglobal.com/en/Csr/
About CDP and CDP’s Climate A List
CDP is a not-for-profit organization that runs the global
disclosure system for investors, companies, cities, states and
regions to manage their environmental impacts. In October 2016, the
organization released the first global report ‘Out of the Starting
Block’ on behalf of 827 institutional investors representing more
than $100 trillion in assets. The Climate A list details 193
companies that have excelled in the low-carbon movement and have an
average carbon footprint around 80% lower compared to other firms.
The report can be downloaded on CDP’s website
https://www.cdp.net/en/research/global-reports/tracking-climate-progress-2016.
About The ASE Group
The ASE Group 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, the Group 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
through Universal Scientific Industrial Co., Ltd. and its
subsidiaries, members of the ASE Group. For more information about
the ASE Group, visit www.aseglobal.com.
Safe Harbor Notice
This press release contains "forward-looking statements" within
the meaning of Section 27A of the United States Securities Act of
1933, as amended, and Section 21E of the United States Securities
Exchange Act of 1934, as amended, including statements regarding
our future results of operations and business prospects. Although
these forward-looking statements, which may include statements
regarding our future results of operations, financial condition or
business prospects, are based on our own information and
information from other sources we believe to be reliable, you
should not place undue reliance on these forward-looking
statements, which apply only as of the date of this press release.
The words “anticipate, “believe,” “estimate,” “expect,” “intend,”
“plan” and similar expressions, as they relate to us, are intended
to identify these forward-looking statements in this press release.
Our actual results of operations, financial condition or business
prospects may differ materially from those expressed or implied in
these forward-looking statements for a variety of reasons,
including risks associated with cyclicality and market conditions
in the semiconductor or electronic industry; changes in our
regulatory environment, including our ability to comply with new or
stricter environmental regulations and to resolve environmental
liabilities; demand for the outsourced semiconductor packaging,
testing and electronic manufacturing services we offer and for such
outsourced services generally; the highly competitive semiconductor
or manufacturing industry we are involved in; our ability to
introduce new technologies in order to remain competitive;
international business activities; our business strategy; our
future expansion plans and capital expenditures; the uncertainties
as to whether we can complete the acquisition of 100% of
Siliconware Precision Industries Co., Ltd. shares not otherwise
owned by ASE; the strained relationship between the Republic of
China and the People’s Republic of China; general economic and
political conditions; the recent global economic crisis; possible
disruptions in commercial activities caused by natural or
human-induced disasters; fluctuations in foreign currency exchange
rates; and other factors. For a discussion of these risks and other
factors, please see the documents we file from time to time with
the Securities and Exchange Commission, including our 2015 Annual
Report on Form 20-F filed on April 29, 2016.
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ASE GroupAsiaJennifer
YuenJennifer.Yuen@aseus.comorUS/EuropePatricia
MacLeodPatricia.MacLeod@aseus.com
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