MASHINIi

Amtech Systems, Inc..

ASYS.US | Manufacture of other special-purpose machinery

Amtech Systems, Inc. is a manufacturer of capital equipment, including automation, solar, and semiconductor equipment and related consumables. The company operates through three segments: Semiconductor, Automation, and Solar. The Semiconductor segment provides diffusion furnaces, solder reflow syste...Show More

Ethical Profile

Mixed.

Amtech Systems' ethical profile is mixed, with limited public disclosures across several key areas. Regarding ethical sourcing, reports suggest only 37% of 361 suppliers responded to conflict mineral reporting, despite the company referencing OECD due diligence guidance. On honest business practices, Amtech Systems has a code of ethics and a whistleblower policy, but was allegedly not in compliance with certain financial covenants under its loan agreement. Data on fair pay, worker respect, and environmental impact remains largely unavailable, making a comprehensive assessment challenging.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-30
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess Amtech Systems, Inc. on Better Health for All.

Fair Money & Economic Opportunity

0

No evidence available to assess Amtech Systems, Inc. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

No specific, quantitative data points were found in the provided articles to assess Amtech Systems, Inc. against the KPIs for Fair Pay & Worker Respect. While CEO compensation was mentioned, median employee compensation was not, preventing the calculation of the CEO to median pay ratio.

1
Other KPIs such as living wage coverage, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, and health insurance coverage lacked any relevant evidence.
2

Fair Trade & Ethical Sourcing

0

No specific, quantifiable evidence was found in the provided articles for any of the Fair Trade & Ethical Sourcing KPIs. The articles primarily discuss the company's compliance with conflict minerals reporting requirements for the periods of 2014 and 2022, including efforts to collect information from suppliers using the Conflict Minerals Reporting Template.

1
However, the articles explicitly state that the company was 'Unable to determine the country of origin of conflict minerals due to insufficient supplier information'
2
and acknowledged 'significant data gaps in determining the country of origin of conflict minerals due to incomplete responses from suppliers.'
3
This indicates that even for the suppliers who responded, traceable provenance data was not fully established, and therefore, this information does not meet the requirements for the 'traceability_coverage' KPI. No data was provided on fair-trade certified spend, audit frequency, forced or child labor incidents, remediation speed, ethical clause coverage in contracts, share of spend on high-risk materials, or supplier diversity spend.
4

Honest & Fair Business

-30

Amtech Systems, Inc. has a formal Code of Ethics and Business Conduct which includes a whistleblower policy.

1
This policy states that retaliation is not tolerated against employees who report misconduct in good faith and provides an ethics hotline (1-833-940-2879 or www.lighthouse-services.com/amtechsystems).
2
Reports involving directors or executive officers must be made to the Audit Committee.
3
The company adopted a compensation recovery (clawback) policy in September 2023, effective September 26, 2023, for accounting restatements due to material non-compliance with financial reporting requirements.
4
Two material weaknesses in internal control were identified in fiscal 2023, related to ineffective information technology general controls and inadequate controls over non-routine and complex transactions.
5
These material weaknesses were remediated as of September 30, 2024.
6
All members of the Audit, Compensation, and Nominating and Governance Committees are independent.
7
However, one director, Mr. J.S. Whang, is the father of the CEO, Michael Whang.
8
The company operates in high-risk jurisdictions, including China, and is subject to anti-corruption laws like the U.S. Foreign Corrupt Practices Act and the UK Bribery Act 2010.
9
Its Code of Ethics prohibits giving anything of value to foreign officials and addresses U.S. government gratuities rules.
10
The company works with third-party firms to monitor its cybersecurity environment and regularly engages third parties to perform assessments, audits, and independent reviews of its information security control environment and operating effectiveness.
11

Kind to Animals

0

No evidence was found in the provided articles to assess ASYS.US against any of the 'Kind to Animals' KPIs. The company manufactures capital equipment for the semiconductor, solar, and automation industries, a business model that does not typically involve animal testing, animal-derived ingredients, animal agriculture, or direct wildlife conservation impacts. The articles do not contain specific data regarding the company's products, operations, or policies related to animal welfare.

No War, No Weapons

0

No evidence available to assess Amtech Systems, Inc. on No War, No Weapons.

Planet-Friendly Business

0

No specific, quantitative data related to any of the Planet-Friendly Business KPIs for ASYS.US was found in the provided articles.

1
Several articles explicitly state a lack of relevant sustainability metrics for the company. While some articles mention general sustainability initiatives or data for specific facilities or divisions (e.g., office space reduction, power consumption reduction in a factory), these are not presented as company-wide metrics for ASYS.US and do not directly align with the quantitative thresholds of the rubric's KPIs.
2

Respect for Cultures & Communities

0

No evidence was found in the provided articles regarding ASYS.US's performance or policies related to Respect for Cultures & Communities. The articles primarily focus on career opportunities and conflict mineral compliance, without addressing any of the specific KPIs for this ethical value.

1

Safe & Smart Tech

0

No evidence available to assess Amtech Systems, Inc. on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No specific, quantitative data related to waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education for ASYS.US was found in the provided articles.

1
The articles either explicitly state a lack of relevant data or discuss general sustainability initiatives (e.g., energy efficiency, facility size reduction, or developing an ESG program) that do not provide measurable outcomes for the specified KPIs.
2

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.