Intel Corporation today released its 2015 Corporate Responsibility Report, a comprehensive assessment of the company’s performance in areas including diversity, environmental sustainability, green power, supply chain responsibility and social impact. As an electronics industry innovator and corporate responsibility leader, Intel is committed to applying its technology to global challenges while serving as a role model for how companies should operate.
Supply Chain Responsibility
Since 2013, Intel has manufactured microprocessors that are conflict-free for tantalum, tin, tungsten and gold. Intel is on track to achieve its goal to validate that its broader product base is conflict-free in 2016. This milestone is the result of Intel’s eight-year effort to ensure that its products weren’t inadvertently funding violence, genocide and other crimes against humanity in the Democratic Republic of the Congo (DRC).
For the third consecutive year, Intel has filed a third-party audited conflict minerals report with the U.S. Securities and Exchange Commission (SEC) in accordance with the Dodd-Frank Act, which requires publicly traded companies to investigate the source of the conflict minerals in their supply chain and report on their due diligence efforts.
Intel was ranked No. 4 on the 2015 Gartner* Supply Chain Top 25 list, the seventh consecutive time the company has received this recognition for excellence in supply chain management.
Diversity and Inclusion
Following the launch of its Diversity and Inclusion initiative in early 2015, Intel is making progress toward its goal of full representation of women and underrepresented minorities in its U.S. workforce by 2020. Intel committed $300 million to support this goal and accelerate diversity and inclusion both at Intel and across the technology industry.
Intel exceeded its annual hiring goal for 2015, achieving 43.1 percent diverse hiring against a goal of 40 percent, and met its goals for retention of diverse employees at parity with the rest of the population. A 2015 compensation analysis also showed that Intel is at 100 percent gender pay parity for U.S. employees across all job types and levels.
Intel has committed to invest $1 billion in annual spending by 2020 with diverse-owned businesses across the supply chain. In 2015, the company spent $299 million with diverse suppliers, double the level in 2014. To date, Intel has invested $117 million with diverse-owned businesses.
Intel Corp. (Nasdaq: INTC)