AMD Announces 26th Annual Corporate Responsibility Report

Rhea-AI Summary

AMD has released its 26th annual Corporate Responsibility Report, highlighting achievements from the past year and setting new goals for 2025 and 2030 across four ESG focus areas: digital impact, environmental stewardship, supply chain responsibility, and diversity, belonging, and inclusion. Key initiatives include a commitment to benefit 100 million people by 2025, a target to achieve a 30x increase in energy efficiency in its processors by 2025, and a goal to audit 100% of suppliers. The report recognizes AMD's efforts in sustainability and social responsibility.

Positive

• AMD aims to benefit 100 million people by 2025 through philanthropy and partnerships.
• 30x increase in energy efficiency for processors targeted by 2025.
• GHG emissions reduced by 38% from 2014 to 2020, ahead of a 20% target.
• 47% of manufacturing suppliers had active audits with scores 39% better than RBA average.

Negative

• None.

— Highlighting progress on environmental, social and governance (ESG) priorities —

SANTA CLARA, Calif., Sept. 29, 2021 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced the publication of its 26^th annual Corporate Responsibility Report highlighting the company’s accomplishments from the previous year, including performance against its 2014 to 2020 targets, and unveiling new goals through 2025 and 2030. This year’s report features four key environmental, social and governance (ESG) strategic focus areas that guide the company’s purpose-driven approach to high-performance computing: digital impact, environmental stewardship, supply chain responsibility, and diversity, belonging and inclusion.

“At AMD, we are inspired by the far-reaching potential of our high-performance computing solutions to help solve global challenges today and in the future,” said Susan Moore, corporate vice president of corporate responsibility and international government affairs at AMD. “We also recognize it is not just what our technology can do that matters, but also how we responsibly develop and deliver it. Embedding environmental, social and governance (ESG) performance and transparency across our business helps us make a positive difference for our stakeholders.”

Driving Meaningful Digital Impact

Last year, AMD established the COVID-19 High Performance Compute (HPC) Fund to provide universities and institutions with computing resources to accelerate medical research on COVID-19 and other diseases. The company also recently launched a new learning lab in Singapore for students and teachers to advance digital literacy skills, continuing the expansion of AMD learning labs in site communities worldwide. To demonstrate the company’s continued commitment to digital impact moving forward, the company has set a goal to benefit 100 million people by 2025 through AMD and AMD Foundation philanthropy and partnerships that enable STEM education, scientific research and the workforce of the future.¹

Advancing Environmental Stewardship

AMD continues to prioritize environmental stewardship within the company’s business strategy. The AMD 25x20 Energy Efficiency Initiative resulted in a 31.7x increase in performance per watt in its processors for mobile devices.² Building on this momentum, the company now aims to achieve a 30x increase in energy efficiency by 2025 for AMD processors and accelerators powering servers for the rapidly growing markets of artificial intelligence (AI)-training and HPC.¹ Additionally, AMD reduced greenhouse gas (GHG) emissions from its operations (scope 1 and 2) by 38% from 2014 to 2020, ahead of its 20% goal. Looking forward, AMD has set a new science-based target for its operations that entails a 50% reduction in GHG emissions from 2020 to 2030.

Upholding a Responsible Supply Chain

The company’s partnership approach on supply chain responsibility focuses on delivering quality products while upholding high social and environmental standards. In 2020, 47% of AMD manufacturing suppliers had active audits under the Responsible Business Alliance (RBA), with average audit scores 39% better than the RBA average. The company has announced new 2025 supply chain goals that include auditing 100% of its suppliers while increasing their climate protection efforts and capacity building activities, such as training and industry engagements.

Fostering a Culture of Diversity, Belonging and Inclusion

AMD is committed to growing diversity, belonging and inclusion (DB&I) in its workforce to help embrace different viewpoints and experiences, foster innovation and challenge the status quo when needed. The company is expanding diversity data disclosures and efforts to deepen engagements with Historically Black Colleges and Universities and Hispanic-serving institutions in the U.S. For 2021, increased hiring of underrepresented groups is a component of the company’s strategic metrics and milestones. The company has increased investments in employee resource groups (ERGs) and announced a goal of 70% participation of its employees in AMD ERGs and/or other AMD inclusion initiatives by 2025.³

Supporting Local AMD Communities Across the Globe

During a time when our world particularly needs partnerships between communities and businesses, AMD and employees significantly increased philanthropic support throughout our site communities worldwide. Through our combined COVID-19 response efforts, more than $26 million USD was received by universities, research institutes and community organizations in donated technology, personal protective equipment and corporate and employee giving (as of June 2021). In addition, 3,110 AMD employees participated in 71 company-sponsored volunteer events, contributing more than 7,050 hours of their time and talents last year.

The company’s ESG efforts in 2020-2021 have been recognized with 100 Best Corporate Citizens, Forbes America’s Most Just U.S. Companies, the Best Places to Work for LGBTQ Equality, the Bloomberg Gender-Equality Index, Fortune Change the World listing and the Responsible Business Alliance Compass Award for Innovation. 

Supporting Resources

• Read our summary report and learn more about Corporate Responsibility at AMD
• See our latest ESG disclosures and reporting
• Learn more about AMD Data Center Sustainability
• Learn more about the AMD High-Performance Compute Fund
• Follow our progress on Twitter @AMDInitiatives
  

About AMD

For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies ― the building blocks for gaming, immersive platforms and the datacenter. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, Facebook and Twitter pages.

AMD, the AMD Arrow logo, Ryzen, and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

¹ For each year during the goal period (2020-2025), data includes a) students, faculty or researchers with direct access to AMD-donated technology, funding or volunteers; and b) individuals with a reasonable likelihood of receiving research data formulated through AMD-donated technology and potentially gaining useful insights or knowledge.
² Testing by AMD Performance Labs as of April 15, 2020. Processors tested: AMD FX-7600P, AMD FX-8800P, AMD FX-9830P, AMD Ryzen 7 2700U, AMD Ryzen 7 2800H, AMD Ryzen 7 3750H, and AMD Ryzen 7 4800H. 25x20 program tracked against ENERGY STAR Rev 6.1 8/12/2014 and 3DMark® 2011 P-Score and Cinebench R15 nT. Results may vary with drivers and BIOSes. RVM-108
³ These are voluntary initiatives in which an employee chooses to actively participate in one or more employee engagement programs that foster a culture of belonging, psychological safety, and meaningful connection to AMD.

 

FAQ

What are AMD's new goals in their Corporate Responsibility Report for 2025?

AMD aims to benefit 100 million people by 2025 and achieve a 30x increase in energy efficiency for its processors.

How much have AMD reduced their greenhouse gas emissions?

AMD reduced greenhouse gas emissions by 38% from 2014 to 2020.

What percentage of AMD's suppliers were audited in 2020?

In 2020, 47% of AMD's manufacturing suppliers had active audits under the Responsible Business Alliance.

What is the focus of AMD's ESG strategy?

AMD's ESG strategy focuses on digital impact, environmental stewardship, supply chain responsibility, and diversity, belonging, and inclusion.

What initiatives did AMD launch to support digital literacy?

AMD launched a new learning lab in Singapore to advance digital literacy skills for students and teachers.