Intel

RATING

SECTOR

Technology

WEBSITE

CONTACT

Intel Corporation
2200 Mission College Blvd.
Santa Clara, CA 95054-1537

 

STOCK EXCHANGE

LISTING

  • CDP 2020 Climate Change Response : A-

Recognitions that Intel received in 2019 and in the first quarter of 2020:

  • American Association of People with Disabilities and Disability – Disability Equality Index (100% score) 
  • Bloomberg Gender-Equality Index 
  • CDP. “B” Climate Change Rating, “B” Water Security Rating, “A” Supply Chain Engagement Rating 
  • Center for Political Accountability CPA-Zicklin Index of Corporate Political Disclosure and Accountability – Trendsetter Company 
  • Corporate Human Rights Benchmark – ICT Manufacturing Top Five 
  • Corporate Knights – Global 100 Most Sustainable Corporations 
  • Corporate Responsibility magazine – 100 Best Corporate Citizens 
  • DiversityInc. – Top 50 Companies for Diversity 
  • EcoAct – Sustainability Reporting Performance of the DOW 30 
  • Extel and SRI Connect. Independent Research in Responsible Investment Survey – Top 10 Companies for SRI Communications
  • Ethisphere Institute – World’s Most Ethical Companies 
  • Fast Company – Most Innovative Companies List 
  • Forbes and Reputation Institute – World’s Most Reputable Companies for Corporate Responsibility
  • Forbes – World’s Most Reputable Companies and World’s Most Valuable Brands 
  • Forbes – America’s Best Large Employers, Best Employers for Women, and America’s Best Employers for Diversity 
  • Fortune – World’s Most Admired Companies – Ranked #1 on Social Responsibility for the Semiconductor Sector 
  • Fortune – Fortune Change the World List 
  • Fortune and Refinitiv – Change the World Sustainability All Stars 
  • Fortune Blue Ribbon Companies 
  • FTSE4Good Index 
  • Gartner – Supply Chain Top 25
  • Human Rights Campaign – Corporate Equality Index 
  • Interbran – Best Global Brands ISS
  • ISS QualityScore – Top scores for social and environmental disclosure JUST Capital and Forbes
  • JUST 100 
  • Military Friendly – Military Friendly Companies 
  • Minority Engineer – Top 50 Employers 
  • MSCI – World ESG Leaders Index 
  • NAFE – Top Companies for Executive Women 
  • Newsweek – America’s Most Responsible Companies 
  • Sustainalytics – Industry Leader rating and member, Global Sustainability Signatories Index 
  • Wall Street Journal – Management Top 250 

Working Mother – 100 Best Companies For Working Moms and Best Companies for Multicultural Women

EMPLOYEES

110,800

CHIEF SUSTAINABILITY OFFICER

Todd Brady

AWARDS

Awards that Intel received in 2019 and in the first quarter of 2020:

  • Ethical Corporation – Responsible Business Awards, winner in Responsible Supply Chain Category
  • U.S. Environmental Protection Agency – Green Power Partner Awards – Award for Sustained Excellence in Green Power Use

CONTENT SOURCE

FURTHER READING

Report created by Kavita Kripalani

Intel

SECTIONS :  Sustainability    Evaluation  •  Progress  •  Watch  •  Overview

 

Company Activity

Intel Corp. engages in the design, manufacture, and sale of computer products and technologies. It delivers computer, networking, data storage, and communications platforms. The firm operates through the following segments: Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Programmable Solutions (PSG), and All Other. 

The CCG segment consists of platforms designed for notebooks, 2-in-1 systems, desktops, tablets, phones, wireless and wired connectivity products, and mobile communication components. The DCG segment includes workload-optimized platforms and related products designed for enterprise, cloud, and communication infrastructure markets. 

The IOTG segment offers compute solutions for targeted verticals and embedded applications for the retail, manufacturing, health care, energy, automotive, and government market segments. The NSG segment consists of NAND flash memory products primarily used in solid-state drives. 

The PSG segment contains programmable semiconductors and related products for a broad range of markets, including communications, data center, industrial, military, and automotive. 

The All Other segment consists of results from other non-reportable segments and corporate-related charges. 

The company was founded by Robert Norton Noyce and Gordon Earle Moore on July 18, 1968 and is headquartered in Santa Clara, CA.

Company Sustainability Activity

Throughout Intel’s history, its commitment to corporate responsibility and sustainability – built on a strong foundation of transparency, governance, and ethics – has created significant value for Intel and its stakeholders by helping them mitigate risks, reduce costs, build brand value, and identify new market opportunities to apply its technology to help address society’s most complex issues.

Intel’s commitment to transparency and setting ambitious goals has enabled them to drive meaningful results and challenge themselves to achieve higher levels of performance. As Intel completes its 2020 corporate responsibility goals and looks ahead to the challenges facing society over the next decade, Intel’s ambitions and opportunities have never been greater to unleash the power of data, technology, and engineering innovation to build a more responsible, inclusive, and sustainable future for everyone.

Intel is proud to have achieved most of its 2020 goals and also that the company reached a number of them ahead of schedule. Although Intel did not fully achieve all of its goals, the company is proud of the important progress Intel has made and has applied valuable learnings Intel has gained to develop its future strategies and goals. 

Intel aspires to even higher levels of efficiency and global impact as it continues its journey to fully integrate corporate responsibility across every aspect of its business. Intel’s new 2030 corporate responsibility strategy and goals are deeply rooted in its corporate purpose and aligned with its business strategy to enable them to create value for its customers, investors, employees, and other stakeholders over the next decade and beyond.

 

Highlights

OPERATIONAL SUPPLY CHAIN

Responsible

  • Employee Safety and Wellness – Intel has long been known for their strong safety culture, particularly in its manufacturing operations. its new goal will enable them to maintain its strong safety culture as Intelgrow and expand the global impact of its wellness programs.
  • Supply Chain Human Rights Over the past decade, they have directly engaged with its suppliers to ensure compliance and build capacity to address risks of forced and bonded labor and other human rights issues. its new goal will significantly expand the number of suppliers covered by its engagement activities to deepen accountability for human rights throughout its global supply chain. Scale its supplier responsibility programs to ensure respect for human rights across 100% of its Tier 1 contracted suppliers and higher risk Tier 2 suppliers 
  • Community Impact – Over the past decade, its employees have donated more than 10 million volunteer hours, a leadership level based on benchmarking against other U.S. technology companies. Providing skills-based volunteering opportunities has enabled them to support its employees’ interest in sharing their technical and professional expertise directly with local schools and non-profit organizations, which often cannot afford these types of services. its 2030 goal will enable them to continue to provide this high level of support for its local communities and increase its impact by expanding skills-based volunteering.

Inclusive

  • Workforce Inclusion – Intel met its 2020 goal to achieve full representation in its U.S. workforce for women and underrepresented minorities, and achieved global gender pay equity. Intel has taken actions to integrate its inclusion expectations into its culture evolution, performance management systems, leadership expectations, and annual bonus metrics. Intel is proud of the progress Intel has made to date, but Intel is not satisfied. Globally, approximately 90% of its employees are in technical roles, with 25% of its female employees in technical roles. In addition, 18% of senior leadership roles are held by women and 7% are held by underrepresented minorities. its 2030 goals are designed to accelerate progress on its inclusion objectives.
  • Accessibility – Intel has been strengthening its cross-Intel accessibility initiatives, but Intel sees an opportunity to do more to attract and retain talent who self-identify as having a disability. Through its 2030 goal, Intel will drive a sustained culture of accessibility—embracing technology to eliminate barriers, foster innovation, and empower all people to reach their full potential.
  • Supplier Diversity – Intel achieved $1 billion in annual spending with diverse suppliers as part of its 2020 goals and will build on this foundation to double its annual spending and expand inclusive sourcing practices over the next decade.

Sustainable

  • Climate/Energy – Intel has achieved a 31% reduction in absolute Scope 1 and 2 emissions since 2000, even as Intel expanded its manufacturing capacity significantly. In that time Intel increased its use of renewable energy to 100% in the U.S. and EU, 50% in Israel, and more than 70% globally, and saved >4.5 billion kWh of energy between 2012-2020. Intel has driven a 14x improvement in product energy efficiency for notebooks and a 8.5x improvement in data center products since 2010. its new goals will enable them to continue to reduce its direct carbon impact even as Intel continues to grow its manufacturing operations.
  • Water – Over the past 10 years, Intel conserved 44 billion gallons of water, enough to sustain over 400,000 U.S. homes for one year. Achievement of its new 2030 goal will increase water conserved to record-high levels for Intel over the coming decade. Intel also will go beyond the aspirations of its existing 2025 water restoration goal in order to achieve net positive water use by 2030, including funding projects in water-stressed areas.
  • Zero Waste/Circular Economy – Since the mid-1990s, Intel has increased its non-hazardous waste recycle rate from 25% to 93%, and achieved zero hazardous waste to landfill. its direct reuse and recovery of manufacturing waste has increased by 275% since 2015. its new goal will expand its zero waste goal to cover total waste and will drive a significant increase in the implementation of circular economy strategies across its global manufacturing operations

TECHNOLOGY INDUSTRY INITIATIVES

Responsible

  • Responsible minerals. Expand their efforts beyond conflict minerals to cover all minerals used in semiconductor manufacturing and apply the learnings to lead their industry in creating new sourcing standards. In 2008, Intel began work to ensure that its supply chain does not source conflict minerals,1 defined as tantalum, tin, tungsten, and gold (referred to as “3TG”) within the Democratic Republic of the Congo (DRC) and adjoining countries. Intel is proud of the progress Intel has made, with 99.6% of the 227 identified smelter and refiner facilities that process 3TG in its value chain meeting its requirements in 2019. As Intel looks to 2030, its ambition is to apply its learnings from the past decade and work with its industry to broaden and accelerate the creation of sourcing standards for a much wider set of minerals across additional regions.
  • Responsible mobility. Collaborate with their industry and ecosystem partners to advance the adoption of technology-neutral safety standards to reduce traffic accidents globally. According to the World Health Organization, 1.35 million people die each year as a result of road traffic crashes. More than half of all road traffic deaths are among vulnerable road users—pedestrians, cyclists, and motorcyclists—and 93% occur in low- and middle-income countries. Intel’s Mobileye business is the global leader in the development of computer vision and machine learning-based sensing, data analysis, localization, mapping, and driving policy technology for Advanced Driver Assistance Systems (ADAS) and autonomous driving to advance automotive safety, including its Responsibility-Sensitive Safety or “RSS” model. They will leverage this position and their expertise to work across the industry and with policymakers to make these technologies broadly accessible and affordable, in an effort to save and improve lives.

Inclusive

  • Inclusion index. Drive full inclusion and accessibility across the technology industry by creating and implementing a Global Inclusion Index with common metrics to advance progress. Within the technology sector, an average of only 11% of senior leadership roles are held by women, and women of color only make up 4% of the computing workforce.3 One key gap identified in the Reboot Representation report from McKinsey and Pivotal Ventures is the lack of consistent and comparable definitions and data regarding inclusion at the industry level. Intel aims to work together with other technology companies and partners to create a new standard industry index informed by and in partnership with existing diversity frameworks. Intel believes the index will enable companies, investors, and advocacy groups to more clearly identify root causes and actions needed to advance progress. 
  • Inclusive pipeline. Expand the inclusive pipeline of talent for their industry through innovative global education initiatives and STEM programs for girls and underrepresented groups. Building a diverse and inclusive workforce and industry requires continued collective investments and innovative approaches to increasing diversity of the talent pipeline and expanding access to the education resources needed to pursue careers in its field. With insights gained through its new Global Inclusion Index and other research, Intel will convene others to take action, including the formation of new industry and educator collaborations and targeted investments at critical intervention points (e.g., engaging adolescent/middle school girls in interactive STEM activities). 

Sustainable

  • Sustainable manufacturing. Create a collective approach to reducing emissions for the semiconductor manufacturing industry and increase the use of technology to reduce climate impact in global manufacturing. In the 1990s, Intel led an initiative to eliminate the use of Class 1 ozone-depleting substances in semiconductor manufacturing. Intel track its carbon emissions against science-based carbon targets and its new climate goals are informed by climate science. However, due to its (and its industry’s) early actions to reduce absolute emissions and the continued growth of demand for semiconductors, it remains challenging to gain formal approval for a target under the existing methodology of the Science-Based Targets Initiative. Intel sees an opportunity to again work with its industry and stakeholders to identify innovative approaches to reduce emissions. The ultimate goal is to expand the number of companies in its sector (as well as other manufacturing industries) setting approved science-based targets. 

SUSTAINABLE CHEMISTRY

  • Enable greener and circular chemistry strategies across the technology industry value chain by transforming chemical footprint methodology. As part of Intel’s 2020 goals, Intel implemented a new process with its suppliers to complete green chemistry screening and selection for 100% of its new chemicals, focused on reducing inherent chemical hazards to human health and environment. Now Intel is initiating an effort to create a new methodology and metric that will encompass the full lifecycle of each chemical to reduce the total chemical impact over time. This approach will go beyond the assessment of inherent chemical hazards to also include factors such as volume of use, waste treatment, and disposal. Intel envisions this initiative (informed by and developed in partnership with existing frameworks) will enable Intel, its suppliers, and customers to assess the full lifecycle impact of each chemical used in order to create greener and circular economy strategies and reduce the industry’s collective footprint.
 

Targets

2030 OPERATIONAL AND SUPPLY CHAIN GOALS

Responsible

  • Ensure that more than 90% of employees believe that Intel has a strong safety culture, and 50% participate in its global corporate wellness program
  • Scale its supplier responsibility programs to ensure respect for human rights across 100% of its Tier 1 contracted suppliers and higher risk Tier 2 suppliers
  • Deliver 10 million volunteer hours to improve its local communities, including an increase in skills-based volunteerism

Inclusive

  • Double the number of women and underrepresented minorities in senior leadership roles
  • Exceed 40% representation of women in technical positions 
  • Ensure that inclusive leadership practices and accountability are embedded in its culture globally by creating and adopting an inclusive leader certification program
  • Advance accessibility and increase the percentage of employees who self-identify as having a disability to 10% of its workforce
  • Build on this foundation to double its annual spending and expand inclusive sourcing practices over the next decade. Increase global annual spending with diverse suppliers by 100%.

Sustainable

  • Achieve 100% renewable energy use across its global manufacturing operations 
  • Conserve an additional 4 billion kWh of energy 
  • Drive an additional 10% reduction in its absolute Scope 1 and 2 carbon emissions as Intel grows, informed by climate science 
  • Increase product energy efficiency 10x for Intel client and server microprocessors to reduce its Scope 3 emissions
  • Achieve net positive water use – by conserving 60 billion gallons of water and funding external water restoration projects
  • Achieve zero total waste to landfill and implement circular economy strategies for 60% of its manufacturing waste streams in partnership with its suppliers
 

Progress

Environmental Sustainability

  • 39% emissions reduction (goal achieved): reduce greenhouse gas emissions by 10% on a per unit basis by 2020 from 2010 levels. 
  • 14x increase in notebook efficiency (goal not met): increase energy efficiency of notebook computers and data center server products 25x by 2020 from 2010 levels
  • Zero hazardous waste by 2020 (goal achieved): achieve zero hazardous waste to landfill by 2020
  • 93% recycling of non-hazardous waste globally (goal achieved): achieve a 90% non-hazardous waste recycle rate by 2020
  • >4.5B KWH in energy savings (goal achieved): achieve cumulative energy savings of 4 billion kWh from 2012 – 2020
  • >71% green power (goal achieved) continue 100% green power in their U.S. operations and increase renewable energy use for its international operations from 2015 – 2020
  • ~1B gallons of water restored (goal on track): restore 100% of their global water use by 2025
  • 98 installs at 23 Intel Campuses (goal achieved): grow the installation and use of on-site alternative energy to 3x their 2015 levels by 2020
  • 100% achieved by 2020 (goal achieved): implement an enhanced green chemistry screening and selection process for 100% of new chemicals and gases by 2020. 
  • 38% water use reduction achieved (goal achieved): reduce water use on a per unit basis below 2010 levels by 2020.
  • 17.9M square feet LEED certified in 50 buildings (goal achieved): design all new buildings to a minimum of LEED Gold certification between 2015 and 2020.

Supply Chain Responsibility

  • 9 out of 12 Supplier CSR metrics fully achieved (goal not met): reach 90% compliance annually to each of their 12 environmental, labor, ethics, health and safety, and diversity and inclusion expectations. 
  • Workforce inclusion and supplier diversity, full representation of women and urms (goal achieved): achieve full representation of women and underrepresented minorities at Intel in the US.
  • $1B in diverse spending (goal achieved): increase their annual spending with diverse-owned suppliers to $1 billion by 2020. 

Technology Empowerment

  • 5M women reached (goal achieved): through the Intel She Will Connect initiative, reach 5 million women in Sub-Saharan Africa by 2020.

Certificates

  • ISO 14001 – Since 2001, they have maintained a companywide certification to the internationally recognized ISO 14001 standard to ensure its manufacturing sites maintain a comprehensive environmental, health, and safety (EHS) management system.
  • ISO 45001 – In 2019, Intel demonstrated their commitment to continuous improvement in health and safety by successfully establishing a company-wide certification to ISO 45001 (building on its previous OHSAS 18001 registration), resulting in a fully integrated EHS management system under a unified multi-site registration. As Intel continues to expand manufacturing operations into new global markets, Intel is committed to its “copy exactly” philosophy for implementing world-class environmental, health, and safety programs and by certifying new manufacturing sites to both ISO 14001 and 45001. Intel will also continue to complete independent third-party audits at various sites each year.
  • LEED certification for more than 17.9 million square feet of space in 50 buildings, or approximately 30% of its total operational space.
  • HRC Equidad MX

United Nations Sustainable Development Goals

United Nations SDGs Compliance

SDG 4

  • Intel will advance inclusion and accessibility for millions of people who currently do not have the technology skills or resources needed to access educational, economic, and community resources in its increasingly digital economy, including: accelerate adoption of inclusive business practices across industries by sharing learnings and resources from its Global Inclusion Index; advocate for adoption of accessible product design practices and accessibility solutions; partner with governments and communities to significantly expand access to digital readiness and technology skills (including Intel Foundation initiatives and scaling of the Intel® AI for Youth program to work with 30 governments and 30,000 institutions worldwide to empower more than 30 million people with AI skills training)
  • Intel collaborates on programs to empower underserved communities through education and technology, and on initiatives to advance accountability and capabilities across its global supply chain, including accountability for respect for human rights.
  • In 2019 and in early 2020, Intel published statements on its Public Policy blog covering a range of issues important to its business and industry, from regulation of AI, 5G and other emerging technologies, to diversity and inclusion (including LGBT+ rights and diversity in STEM education), water stewardship, data privacy, tax policy, and healthcare.

SDG 5

  • Intel had achieved global gender pay equity in 2019 by closing the gap in average pay between employees of different genders in the same or similar roles after accounting for legitimate factors that can explain differences, such as performance, time at grade level, and tenure.

SDG 6 

  • Intel’s freshwater withdrawals totaled 12.6 billion gallons (47.5 megaliters) in 2019. Approximately 80% of the water used at its sites was sent back to municipal treatment operations, where it was treated so that it could be used for other purposes or to recharge surface or groundwater sources. 
  • In 2019, Intel also made progress on its goal to restore 100% of its global water use by 2025 through its funding of collaborative projects to support local watersheds.
  • Intel’s Global Water Policy 
  • Water Restoration Project Locations: Intel is committed to restoring water in the watersheds and communities where Intel operates and consumes water. Its goal is based on funding a portfolio of projects that will restore an equivalent amount of water to what Intel consumes while addressing water challenges specific to that watershed or community. To date, Intel has funded 24 water restoration projects benefiting watersheds in Arizona, California, New Mexico, and Oregon in the U.S., and in Bangalore, India.

SDG 8 

  • With its purchasing power and policies, Intel helps its suppliers contribute to the achievement of these two goals in particular. Their efforts are designed to protect vulnerable workers throughout the global supply chain and include setting clear supplier expectations and investing in assessments, audits, and capability-building programs. 

SDG 10 

  • The Intel Foundation acts as a catalyst for change by amplifying the investments of Intel employees across a broad spectrum of personal philanthropy and volunteerism and by working with NGOs, nonprofits, and governments on innovative programs that support underserved and disenfranchised populations.

SDG 12

  • Intel collectively addresses issues through its leadership in the Responsible Business Alliance, including industry initiatives on key issues such as advancing responsible minerals sourcing, addressing human rights risks such as forced and bonded labor and improving transparency on the environmental impacts in the global electronics supply chain.
  • They have alternative energy generation systems installed in 15 countries and states, supplying energy to 46 buildings. Below are both on-site and off-site alternative energy sourcing examples and selected recognitions.
  • They currently treat and return approximately 75 to 85% of their water withdrawals back to municipal water treatment operations, where it can be treated and reused in the community or returned to the water environment. Intel consumes the remaining 15 to 25% in its operations, primarily through evaporation or landscape irrigation. 

SDG 13

  • Intel has established new 2030 sustainability goals and will continue to invest in conservation projects, alternative energy, and product energy efficiency. Intel collaborates with governments, leading companies, and nonprofits on innovative environmental projects, and proactively invests in its technology “handprint” to empower others to use Intel technology to reduce their environmental footprints and support sustainable consumption and production
  • While they continue to reduce their own global manufacturing climate footprint, Intel will also take actions with others to collectively expand the technology “handprint” – transforming product energy use and design and applying technology to reduce computing-related climate impacts across the rest of the global economy, including work with its PC manufacturer customers to create the most sustainable and energy-efficient PCs on the planet; help define new data center energy use and carbon reduction metrics with cloud service providers; collaborate with industry and policymakers to apply technology to reduce emissions across high-impact industries.

Secondary SDGs: 3

 

Evaluation

Intel’s Corporate Social Responsibility report outlines the company’s sustainability initiatives, along with specific targets and progress. 

The company has primary certificates that are company-wide, and also has stellar awards and listings. It produces a comprehensive report with specific targets and goals for reducing their CO2 emissions, energy consumption, waste, renewable energy, human rights, and raw material consumption in explicit alignment with the UN Sustainable Development Goals. It also incorporates the Global Reporting Initiative (GRI) Index in its reporting. 

Intel has achieved many reputable rankings, such as CDP and MSCI. Intel’s transparency is also noteworthy, communicating not only its progress toward its sustainable goals, but also its shortcomings. 

This company has been rated a B. 

Analyst Outlook: Positive

Intel should continue setting ambitious targets, making consistent progress toward their goals, pursuing to align with additional SDGs, and accumulating further certificates and accolades. 

Key Points

  • The company takes a multidimensional approach to ESG issues and their supply chain
  • Intel will work with partners in healthcare, life sciences and government to apply technology in strategic manufacturing, transportation and healthcare initiatives, including accelerating cures for diseases and improving health. Its efforts will include the company’s recently announced Pandemic Response Technology Initiative, which applies cloud, artificial intelligence (AI) and high-performance technology solutions to better diagnose, treat and cure COVID-19 and to help prepare for future pandemics.
  • Intel will work with other companies to accelerate adoption of inclusive business practices across industries by creating and implementing a Global Inclusion Index open standard. Using common metrics, it will allow the industry to track progress in areas such as achieving greater levels of women and minorities in senior and technical positions, accessible technology and equal pay. Intel has already been collaborating with Lenovo to convene CDIOs and HR professionals to drive industry transformation and stay at the forefront of this work.
  • Intel will partner with governments and communities to address the digital divide and expand access to technology skills needed for current and future jobs. An example is the Intel® AI For Youth program, which provides AI curriculum and resources to over 100,000 high school and vocational students in 10 countries and will continue to scale globally. By 2030, Intel plans to partner with governments in 30 countries and 30,000 institutions worldwide and is committed to empower more than 30 million people with AI skills training.
  • Intel will work with PC manufacturers to create the most sustainable and energy-efficient PC in the world – one that eliminates carbon, water and waste in its design and use. Specifically, the company is exploring a sustainability roadmap that would include enabling sensor technology to reduce power usage, partnering with material vendors on recyclable packaging and developing longer-term, energy-efficient architectures.
  • Intel will collaborate with industry and policymakers to apply technology to reduce emissions across high-impact industries.
  • Intel lays out focused strategies for its sustainability initiatives, as shown in the company’s Global Water Policy report, Global Human Rights Principles

 

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