TAIPEI, Taiwan--Advanced Semiconductor Engineering, Inc. (TAIEX:2311, NYSE:ASX) today announced it has received the 2016 Asia Responsible Entrepreneurship Award (AREA) in the category of “Social Empowerment” for its ASE30 Environmental Conservation Fund (ECF). The AREA program recognizes and honors Asian companies for championing sustainable and responsible entrepreneurship and implementing programs that demonstrate their leadership, sincerity and ongoing commitment in incorporating responsible and ethical values, legal compliance, respect for people and individuals, involvement in communities and protection of the environment into the way they run their businesses.
“Despite the globalization of the ASE Group, the company has not forgotten its beginnings in Kaohsiung, Taiwan, where its first semiconductor assembly production facility was established in 1984,” commented Jason Chang, Chairman and CEO, ASE Group. “Taiwan is an island with finite resources, and through the ASE30 Environmental Conservation Fund, we hope to ensure the continued protection of the land and care for the local community.”
The ASE30 Environmental Conservation Fund, for which ASE is being honored, was established in 2014 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.
The ECF focuses on four key aspects — environmental education promotion, environmental quality enhancement, environmental impact minimization and environmental arts promotion. To date, ASE has undertaken the following projects under the ASE30 ECF:
Environmental Education Promotion Program:
- Green Classrooms Project
- Environmental Thesis/Dissertation Awards
- Environmental Education Video Projects
- Environmental Technology Research Projects
- International Environmental Law Seminar
- Environmental Education in Elementary Schools
Environmental Quality Enhancement Program:
- Afforestation Projects
- Green Fence Project at the Nantze Export Processing Zone
Environmental Impact Minimization Program:
- Campus LED Donation Projects
- Water Recycling Model Plant Operation Sponsorship
- Green Supply Chain Projects
- Environmental Hygiene - Dengue Fever Prevention
Environmental Arts Promotion Program:
- Environmental Arts Promotion - KUSAMA YAYOI
- 3-D Musical about the Environment - Voyage undersea
Seeking to lead by example, ASE personnel themselves have been actively involved in organizing and participating in the programs funded by the ASE30 ECF. Since the fund’s establishment two years ago, approximately 60 schools and 230,000 students have benefited from the program, and over 84 hectares of land have been reforested with the planting of 90,000 native trees.
Going forward, ASE will continue to reinforce its corporate social responsibility through the integration of its technology know-how and financial and human resources for the greater good of the local community. ASE will continue to advocate for the nurturing, support and hiring of local talent in an effort to raise the quality of living standards. ASE will also further pursue green initiatives and sustainability objectives as a responsible corporate citizen.
About Enterprise Asia
The AREA award program is organized by Enterprise Asia, a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine towards sustainable and progressive economic and social development within a world of economic equality. For more information, visit www.enterpriseasia.org.
About ASE Group
The ASE Group is the world’s largest provider 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. The Group generated sales revenues of US$8.64 billion in 2015 and employs over 65,000 people worldwide. 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 SPIL 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.