ASM joins the Catalyze program as founding sponsor designed to expedite renewable electricity use in its global supply chain
06 November 2023 - 3:00PM
ASM joins the Catalyze program as founding sponsor designed to
expedite renewable electricity use in its global supply chain
Almere, The Netherlands November 6, 2023
ASM International N.V. (Euronext
Amsterdam: ASM) is proud to announce it is teaming up with
Schneider Electric by joining the Catalyze program as a founding
sponsor.
Announced at SEMICON West 2023, Catalyze is a
pioneering initiative that is designed to further the adoption of
renewable electricity throughout the global semiconductor value
chain.
ASM joins Intel and Applied Materials as
founding sponsors of the program. This collaboration is driven by a
shared vision - expediting the semiconductor industry’s shift
towards renewable electricity, and paving the way for a greener,
lower-carbon economy.
The program aims to grow global availability of
renewable electricity by accelerating the deployment of renewable
electricity projects through joint long-term sourcing
agreements. In addition, it facilitates pooling of required
energy needs, thereby enabling companies who might otherwise lack
the capability to tap into the utility-scale power purchase
agreements (PPAs) market. It will initially focus on enabling
suppliers with energy loads in specific markets in the
semiconductor value chain where renewable energy has limited
availability, with the intention to expand globally where specific
interest and renewable energy market opportunities align.
"Our sponsorship in the Catalyze program is
another step in our sustainability efforts in our journey of our
net-zero 2035 target. The semiconductor industry is at the heart of
modern innovation, and it is imperative that we lead in technology,
but we also contribute with efforts in protecting the planet.
Together we aim to make significant strides," said Steve
Corvi, Vice President Supply Chain at ASM.
ASM has been working with its supply chain on
sustainability for several years. In 2022, 100% of its critical
suppliers committed to the Responsible Business Alliance Code of
Conduct. Now, ASM is excited to help our value chain in securing
renewable, low-carbon energy to fuel the industry’s future. Our
announcement to join the Catalyze program is ahead of our Supplier
Day on November 8, 2023.
This program will also contribute towards our
net-zero 2035 target, which was recently verified by SBTi (Science
Based Targets Initiative), as announced on August 28, 2023. With
99% of our total emissions in scope 3, accelerated adoption of
renewable electricity throughout the value chain is an important
step forward.
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.
Contact
Investor and media relations
Victor BareñoT: +31 88 100 8500 E:
investor.relations@asm.com
- 20231106 ASM joins the Catalyze program as founding
sponsor
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