Intel Corporation
Climate Impact & Sustainability Data (2020-21, 2021-2022, 2023-24)
Reporting Period: 2020-21
Environmental Metrics
ESG Focus Areas
- Climate Change
- Diversity & Inclusion
- Governance
- Supply Chain Responsibility
- Health & Safety
- Social Equity
- Responsible AI
Environmental Achievements
- Increased renewable energy use from 71% to 82%
- Conserved 7.1 billion gallons of water
- Sent 5% of total waste to landfill
- Implemented circular economy strategies for 63% of manufacturing waste streams
Social Achievements
- Launched the Alliance for Global Inclusion
- Achieved gender pay equity globally and race/ethnicity pay equity in the US
- Increased annual spending with diverse suppliers to $1.2 billion
- Delivered 910,000 employee volunteer hours
- Reduced undesired global turnover rate from 5.0% to 4.0%
Governance Achievements
- Linked executive and employee compensation to ESG metrics
- Integrated ESG information into 2020 Annual Report and 2021 Proxy Statement
- Maintained a robust ethics and compliance program
- Named to Ethisphere Institute's World's Most Ethical Companies list for the 10th consecutive year
Climate Goals & Targets
- Achieve 100% renewable energy use across our global manufacturing operations by 2030
- Drive a 10% reduction in our absolute Scope 1 and 2 carbon emissions by 2030
- Increase product energy efficiency 10x for Intel client and server microprocessors by 2030
- Achieve zero total waste to landfill by 2030
- Double the number of women and underrepresented minorities in senior leadership roles by 2030
- Exceed 40% representation of women in technical positions by 2030
- Increase global annual spending with diverse suppliers to $2 billion by 2030
- Ensure that more than 90% of our employees believe that Intel has a strong safety culture by 2030
- Achieve 50% participation in our global corporate wellness program by 2030
- Increase representation of US Black/African American employees in senior, director, and executive roles by 30% by the end of 2023
- Reach 26% of technical roles held by women by the end of 2021
- Achieve net positive water use by conserving 60 billion gallons of water and funding water projects that restore more fresh water than we consume to our local watersheds by 2030
- Spend $500 million annually with women-owned suppliers outside the US by the end of 2025
- Spend $800 million annually with minority-owned suppliers globally by end of 2023
- Increase representation by 10% of Black/African American employees in senior, director, and executive roles in our US population by the end of 2021
- Reach 1,375 women in senior leadership roles by the end of 2021
- Conserve 125 million kWh of energy in 2021
- Conserve 7.5 billion gallons of water in 2021
- Restore 1.5 billion gallons of water to local watersheds in 2021
Environmental Challenges
- COVID-19 pandemic disruptions
- Supply chain disruptions
- Achieving carbon neutral computing
- Addressing forced and bonded labor in the supply chain
- Gaining formal approval for science-based GHG emissions reduction targets
- Addressing algorithmic bias in AI
- Expanding diversity and inclusion across the technology industry
Mitigation Strategies
- $50 million investment in Pandemic Response Technology Initiative (PRTI)
- Business continuity playbook and supplier assistance
- Collaboration with industry partners on responsible minerals sourcing and responsible mobility
- Collaboration with industry stakeholders on sector-specific science-based targets
- Establishment of Ethical Principles for AI Development
- Launch of the Alliance for Global Inclusion
- Increased supplier audits and engagement
Supply Chain Management
Supplier Audits: 126 audits conducted in 2020
Responsible Procurement
- Intel Code of Conduct
- RBA Code of Conduct
- Supplier diversity requirements
- Sustainability criteria embedded into supplier quality assessment process
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of energy-efficient products
- Expansion of renewable energy sources
Reporting Standards
Frameworks Used: GRI Standards: Comprehensive option, UN Global Compact, UN Sustainable Development Goals, TCFD, SASB, IIRC
Certifications: ISO 14001, ISO 45001, ISO 50001 (five sites)
Third-party Assurance: Apex Companies LLC
UN Sustainable Development Goals
- SDG 3
- SDG 4
- SDG 5
- SDG 6
- SDG 7
- SDG 8
- SDG 9
- SDG 10
- SDG 12
- SDG 13
Intel's initiatives contribute to these goals through various programs and partnerships
Sustainable Products & Innovation
- Energy-efficient processors
- Sustainable PC designs
Awards & Recognition
- 3BL Media's 100 Best Corporate Citizens
- Gartner's Supply Chain Top 25
- CDP's A Water Security Rating and A- Climate Change Rating
- Ethisphere Institute's World's Most Ethical Companies
Reporting Period: 2021-2022
Environmental Metrics
ESG Focus Areas
- Climate Change
- Diversity & Inclusion
- Governance
- Human Rights
- Supply Chain Responsibility
- Social Equity
Environmental Achievements
- Achieved net positive water in three countries (US, India, Costa Rica)
- Sustained 80% renewable electricity globally
- Sent about 5% of total waste to landfill
- Conserved 9.3 billion gallons of water internally and enabled restoration of approximately 2.3 billion gallons
Social Achievements
- Launched the Alliance for Global Inclusion, doubling membership
- Million Girls Moonshot reached 160,000 girls
- Intel RISE Technology Initiative (IRTI) funded projects related to healthcare, education, and the economy
- Suppliers returned $25 million in fees to workers since 2014
- Achieved $1.4 billion in annual spending with diverse-owned suppliers
Governance Achievements
- Linked executive and employee compensation to ESG metrics
- Integrated ESG information into 2021 Annual Report and 2022 Proxy Statement
- Established formal Board-level oversight for corporate responsibility
Climate Goals & Targets
- Net-zero greenhouse gas emissions across operations by 2040
- 100% renewable electricity use across global manufacturing operations
- Zero total waste to landfill
- Achieve net positive water use by conserving 60 billion gallons of water and funding external water restoration projects
- Increase product energy efficiency 10x for Intel client and server microprocessors
- Increase global annual spending with diverse suppliers to $2 billion
- Increase representation of Black/African American employees in senior roles by 10% in the US
- Women representing 30% of technical entry-level hires
- $1.4 billion in annual spending with diverse suppliers
Environmental Challenges
- Global pandemic
- Social injustice
- Climate change
- Supply chain disruptions
- Industry-wide talent shortages
Mitigation Strategies
- Pandemic Response Technology Initiative (PRTI) evolved into IRTI
- Investments in new factories and manufacturing expansion
- Increased employee compensation
- Developed alternative sourcing strategies
- Implemented targeted programs to increase women in technical roles
Supply Chain Management
Supplier Audits: 157 audits in 2021
Responsible Procurement
- Intel Code of Conduct
- Supplier policies
- RBA Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI Standards: Comprehensive option, UN Global Compact, UN Sustainable Development Goals, TCFD, Value Reporting Foundation, SASB
Certifications: ISO 14001, ISO 45001
Third-party Assurance: Apex Companies LLC
UN Sustainable Development Goals
- SDG 3
- SDG 4
- SDG 5
- SDG 6
- SDG 7
- SDG 8
- SDG 9
- SDG 10
- SDG 12
- SDG 13
Details provided in report on how initiatives contribute to these goals
Sustainable Products & Innovation
- 12th Gen Intel® Core™ processors
- 3rd Gen Intel® Xeon® Scalable processor
- Intel® Arc™ graphics
- Intel® NUC
Awards & Recognition
- Barron’s #1 Most Sustainable Company
- Numerous other awards listed in report
Reporting Period: 2023-24
Environmental Metrics
ESG Focus Areas
- Climate Change
- Diversity & Inclusion
- Supply Chain Responsibility
- Responsible AI
- Human Rights
- Sustainable Manufacturing
Environmental Achievements
- Achieved 99% renewable electricity across global operations in 2023
- 43% reduction in Scope 1 and 2 greenhouse gas (GHG) emissions from 2019 baseline
- Net positive water in US, India, Costa Rica, and Mexico
- Circular economy practices applied to approximately 63% of manufacturing waste streams
Social Achievements
- Honored 58 employees for their work to advance Intel’s safety culture
- Returned more than $27 million in fees to workers since 2014
- Intel Capital committed 20% of its 2023 venture stage dollars to start-ups led by diverse leaders
- $1.6 billion in annual spending with diverse suppliers in 2023
- Empowered 5.8 million people through Intel® Digital Readiness Programs
Governance Achievements
- Earned a top score of 100 on the Disability Equality Index
- Named one of the best global places to work for disability inclusion
- Published Climate Transition Action Plan detailing path to net-zero GHG emissions
Climate Goals & Targets
- Net-zero GHG emissions (Scope 1 and 2) across global operations by 2040
- Net-zero upstream and Scope 3 GHG emissions by 2050
- 50% of global semiconductors will be produced in the US and Europe by the end of the decade
- 4 billion kWh electricity conserved by 2030
- 10X increase in product energy efficiency for Intel client and server processors by 2030
Environmental Challenges
- Fragility of global supply chains
- Looming talent gap in the semiconductor industry
- Environmental implications of increased AI compute
- Addressing healthcare inequity for children
Mitigation Strategies
- Investing to strengthen the resilience of the global semiconductor supply chain (including investments in US, Europe, and Asia)
- Creating regional programs in collaboration with institutes of higher education to meet workforce needs
- Reducing energy consumption with AI workloads through platform innovations
- Providing tools to support privacy-preserving compression, communication, and viewing of medical data
Supply Chain Management
Responsible Procurement
- Responsible minerals sourcing
- Requiring sourcing information for critical minerals from suppliers
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards, SASB Standards, TCFD framework, UN Global Compact, UN Sustainable Development Goals
Awards & Recognition
- 3BL Media. 100 Best Corporate Citizens
- AISES. Top 50 Workplaces for Indigenous STEM Professionals
- American Association of People with Disabilities and Disability:IN. Disability Equality Index
- As You Sow. Clean200
- Barron’s. #2 Most Sustainable Company
- Bloomberg. Bloomberg Gender-Equality Index
- CDP. “A” Water Security Rating, “A-” Climate Change Rating, “A-” Supplier Engagement Rating
- Center for Political Accountability. CPA-Zicklin Index of Corporate Political Disclosure and Accountability—Trendsetter Company
- Dow Jones Sustainability Index. North America Index
- Ethisphere Institute. World’s Most Ethical Companies
- FTSE Group. FTSE4Good Index
- Gartner. Supply Chain Top 25
- Hispanic Association of Corporate Responsibility. Corporate Inclusion Index 5-Star Rating for Governance
- Minority Engineer. Top 50 Employers
- MSCI. AAA ESG Rating, World ESG Leaders Index
- National Business Inclusion Consortium. Best-of-the-Best Corporations for Inclusion
- Newsweek. America’s Most Responsible Companies, America’s Greatest Workplaces for Women, World’s Most Trustworthy Companies
- Religious Freedom & Business Foundation. Corporate Religious Equity, Diversity and Inclusion Index
- RepTrak. 2023 Global RepTrak 100
- Human Rights Campaign. Corporate Equality Index. Equality100 Award
- Wall Street Journal. Management Top 250
- ISS. 1 rating in both Environment & Social QualityScore
- Women’s Business Enterprise National Council. Top Corporations for Women’s Business Enterprises
- JUST Capital. JUST 100
- KnowTheChain. Ranked #2, Information & Communications Technology
- WE Connect International. Top 10 Global Champions for Supplier Diversity Inclusion
- LATINA Style 50. Top 50 Best Companies for Latinas to Work in the US
- Women Engineer Magazine. Top 50 Employers – Readers’ Choice