Today, we released Intel’s 2016 Corporate Responsibility Report, a comprehensive review of our approach to corporate responsibility and performance in key areas including environmental sustainability, supply chain responsibility, diversity and inclusion, and social impact. As you’ll see in the report, we made some important progress last year. Some of the highlights:
- Environmental Sustainability: For the ninth year running, Intel is America’s largest voluntary corporate purchaser of green power according to the U.S. EPA. And since 1998, we’ve saved more than 57 billion gallons of water through conservation projects. That’s enough to sustain more than 520,000 U.S. homes for an entire year.
- Supply Chain Responsibility: We achieved our goal to complete on-site audits – covering more than 300 environmental, safety and human rights factors – for 75 of our top-tier suppliers. We also worked with our top-tier suppliers to build a system to detect and address risks of forced and bonded labor, like fees charged to workers for employment. As a result, $3.5 million in fees have been returned by suppliers to workers since 2014.
- Diversity & Inclusion: We continued to make progress toward our goal of reaching full representation of women and underrepresented minorities in our U.S. workforce by 2020, exceeding our annual diverse hiring goal and significantly increasing our spending with diverse suppliers – $555 million in 2016.
- Social Impact: We launched our new social impact initiative, Intel® Innovation Generation, to ensure that the next generation of innovators is diverse, inclusive and empowered to change the world. Furthermore, in 2016, Intel employees donated 1.2 million volunteer hours in communities around the world, and the company and the Intel Foundation contributed $122 million in charitable giving.
Intel published its first voluntary environmental report in 1994, and the new report builds on our long-standing commitment to transparency and voluntary reporting. Intel is among the first companies to adopt the new Global Reporting Initiative (GRI) Standards, and we have continued to advance our integrated reporting strategy and increase transparency in a number of key areas, including our company’s approach to human rights and how our strategies and technology support the UN Sustainable Development Goals.
Building a better world is our business, and we’re constantly exploring innovative ways to apply our technology to address global challenges. We’re proud of our achievements, and our transparency. However, we are also mindful of the areas in which we still aspire to improve. I invite you to read the report, engage with us and share your ideas.