Governance
Building Trust Through Ethical Leadership
We believe that good governance begins with ethical leadership and transparency. By maintaining the highest standards of integrity and accountability, we build trust with shareholders, employees and partners.
Our open, collaborative approach with stakeholders ensures continuous improvement, responsible sourcing and an unwavering commitment to sustainability and human rights. Protecting intellectual property and safeguarding data through rigorous cybersecurity practices are cornerstones of our innovation. With a foundation built on respect, equality and open communication, we are committed to exceeding the expectations of all who depend on us.
How we do it
- Implemented a robust governance structure, which is embedded at all levels of the Group ensuring appreciation, equality, respect and open communication across all areas of our business. More about our ESG Governance Structure
- Practising zero tolerance of violations of applicable laws and internal policies and regulations.
- Developing a strategy for climate resilience, referencing TCFD guidelines, to outline clearly our approach to climate issues and our dedication to tackling them. More about our Climate Risk Management
- Setting clear standards in our code of business conduct, which requires all employees to perform their duties honestly, conscientiously and responsibly.
- Conducting regular anti-corruption briefings and training for management and employees. More about Anti-Corruption
- Maintaining the highest quality and security standards through strict self-scrutiny and performance improvement protocols. Commitment to achieve zero Defects Per Million Opportunities (DPMO). More about our Product Responsibility
- Strictly enforcing our Supplier Code of Conduct (SCoC), aligning with global standards to ensure suppliers adhere to sustainable and ethical practices
- High quality HR management by using the Global People System (GPS), our comprehensive HR and talent management platform that is designed to protect the personal data of our employees and meets the highest data security standards.
Our steadfast commitment to integrity, honesty and transparency is encapsulated in our Code of Conduct, which serves as a beacon guiding the behaviour of every individual within the Group, from senior management to junior staff. Thus, we have fostered an environment of trust, accountability and ethical conduct, ensuring that our actions consistently align with our values and principles.”
Governance Documents
Group Internal Audit Department
The group internal audit department assists the company to accomplish its objectives by formulating a disciplined and systematic approach to evaluate and improve the effectiveness and efficiency of risk management, internal control and governance processes and the integrity of ASMPT’s operations.
The head of the group internal audit department is directly accountable to the Audit Committee for effectively discharging the responsibilities and duties of the role.
- Submit an assessment on the adequacy and effectiveness of the ASMPT’s processes for controlling its activities and managing its risks in all areas of ASMPT’s operations on an annual basis.
- Report significant issues relating to the processes controlling the activities of ASMPT, together with the recommendations for improvements to those processes.
- Provide information periodically on the status and results of the annual audit plan and the sufficiency of department resources.
- Coordinate and work with other control and monitoring functions (like risk management, compliance, security, legal, ethics, environment and external audit).
