Intel Maintains Investment in Corporate Responsibility
Publishes 2008 Corporate Responsibility Report SANTA CLARA, Calif. --(Business Wire)-- May 20, 2009 Intel (NASDAQ:INTC): AT-A-GLANCE:
- Innovation and Investment: Announced investment of approximately $7 billion to upgrade U.S. facilities with Intel's next-generation 32-nanometer microprocessor manufacturing technology.
- Education: Surpassed the milestone of training 6 million teachers worldwide through the Intel® Teach Program while the Intel Foundation committed $120 million to improve math and science education over the next 10 years - its largest investment ever.
- Environment: Invested over $23 million in energy efficiency and conservation projects since 2001, resulting in savings of more than $50 million and saving in excess of 500 million kWh. Intel became the largest purchaser of green power in the U.S., according to the U.S. Environmental Protection Agency (EPA).
- Community: Employees volunteered more than 1.3 million hours in more than 40 countries.
- Intel® Teach provided professional development for more than 1.1 million teachers last year, and surpassed the milestone of training 6 million teachers worldwide.
- Continuing Intel's history of investment, the Intel Foundation announced its single-largest commitment ever: $120 million in math and science education over the next 10 years.
- Intel worked to support the advancement of education programs abroad and helped initiate proof-of-concept projects and deployments of affordable, portable, Intel-powered classmate PCs in 46 countries.
- Intel tied a portion of employee compensation to environmental metrics, emphasizing that environmental performance is the responsibility of all employees.
- With the release of the Intel® CoreTM i7 processor, Intel continued to demonstrate leadership in driving high levels of performance and energy efficiency in its products.
- Intel became the largest purchaser of green power in the U.S., according to the U.S. EPA, and built the first solar installations at Intel facilities. The company also reduced its freshwater needs by 3 billion gallons per year as a result of investments in water conservation programs over the past decade.
- In 2009, Intel will invest over $5 million on more than 30 projects in an effort to save at least 30 million kWh of electricity and 750 therms of fossil fuel each year in operations.
- Intel reduced total CO2 impact below 2007 levels and is on track to meet the goal of reducing absolute emissions 20 percent by 2012 from a 2007 baseline.
- To celebrate Intel's 40th anniversary and thank its communities for many years of support, 54 percent of Intel's employees donated 1,346,471 hours to more than 5,000 schools and nonprofit organizations in over 40 countries.
- The Intel Foundation extended the impact of employee volunteerism by contributing over $8.5 million in matching grants through the expanded Intel Involved Matching Grant Program to help schools and nonprofits meet critical funding needs.
- Intel worked with NetHope to develop technology solutions for the healthcare, economic development, and disaster relief programs of non-governmental organizations (NGOs).