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.
Suzanne Fallender is Intel’s Director of Corporate Responsibility. In this role, she collaborates with key stakeholders across the company to integrate corporate responsibility concepts into company strategies, policies, public reporting, and stakeholder engagement activities to advance Intel’s corporate responsibility leadership and create positive social impact and business value. Suzanne leads a team of experienced professionals who engage with internal and external groups to review Intel’s corporate responsibility performance and to identify new opportunities to apply Intel’s technology and expertise to address social and environmental challenges. The team also works closely with Intel’s investor relations and corporate governance groups to drive an integrated outreach strategy with investors on governance and corporate responsibility issues. Suzanne has more than 20 years of experience in the field of corporate responsibility and socially responsible investment. During her time at Intel, Suzanne has held a number of corporate responsibility-related roles, including leading programs empowering girls and women through technology. Prior to Intel, Suzanne served as Vice President at Institutional Shareholder Services where she managed the firm’s socially responsible investing division. Suzanne holds an M.B.A. from the W.P. Carey School of Business at Arizona State University and a B.A. from Trinity College in Hartford, CT. She has served on a number of leading industry advisory boards and committees on sustainability and corporate responsibility over the past decade and currently is a member of the Net Impact Board of Directors. Follow Suzanne on Twitter at @sfallender.