AMD's Commitment to Corporate Responsibility
Today, AMD (NASDAQ: AMD) released its annual Corporate Responsibility (CR) Report, showcasing the progress made toward its strategic goals for the year. The company prioritizes critical issues that affect both its business and society, such as environmental sustainability, digital impact, diversity, inclusion, and responsible supply chain practices.
Key Highlights from 2023
Advancing Environmental Sustainability
AMD has adopted a comprehensive approach to chip design that prioritizes both performance and energy efficiency. The company has been a pioneer in chiplet architecture, effectively addressing sustainability challenges throughout the product lifecycle and manufacturing process. Notably, the production of 4th Gen AMD EPYC™ CPUs, which utilize up to 12 separate compute chiplets, has led to impressive CO2 savings—specifically, avoiding around 132,000 metric tons of CO2e in 2023, which is 2.8 times greater than AMD's annual operational CO2e footprint.
Moreover, AMD aims to achieve a 30x improvement in energy efficiency for its processors and accelerators by 2025, with its solutions currently powering more than half of the top 50 most energy-efficient supercomputers.
Accelerating Scientific Research and STEM Education
Since 2020, AMD has donated technology to over 150 universities and institutions, positively impacting approximately 61 million individuals through its STEM initiatives. In 2023, the company further enhanced its support for AI and Machine Learning research, reaffirming its commitment to education in these vital fields.
Through the AMD Learning Labs program, AMD is expanding STEM education opportunities, recently launching a new lab at Maynooth University in Dublin.
Empowering People and Communities
AMD is committed to fostering a positive work environment that emphasizes development opportunities and a culture of belonging. According to the 2023 AMDer Survey, an impressive 92% of employees believe that AMD nurtures an environment where diverse backgrounds can flourish.
This year, AMD introduced the Advancing Women in Tech initiative, aimed at supporting women in technical careers, successfully completing its inaugural cohort with over 230 participants.
Collaborating Across the Value Chain
AMD maintains robust partnerships throughout its value chain, ensuring that materials are sourced responsibly while promoting human rights. In 2023, a significant percentage of AMD's manufacturing suppliers underwent Responsible Business Alliance audits to reinforce their commitment to ethical practices.
About AMD
For over 50 years, AMD has been a leader in innovation within high-performance computing, graphics, and visualization technologies. The company's products are trusted worldwide, making a substantial impact across various sectors.
Contact Information
Sarah Feller
AMD Communications
(512) 574-5583
sarah.feller@amd.com
Suresh Bhaskaran
AMD Investor Relations
408-749-2845
suresh.bhaskaran@amd.com
Frequently Asked Questions
What is the main focus of AMD's 2023-24 CR Report?
The report highlights AMD's advancements in sustainability, social impact, STEM education, diversity, and responsible supply chain practices.
How has AMD contributed to environmental sustainability?
AMD has made significant CO2 savings through its innovative chip designs and is targeting a 30x increase in energy efficiency for its products.
What initiatives does AMD have for STEM education?
AMD supports STEM education by donating technology to universities and through initiatives like the AMD Learning Labs program.
How does AMD promote diversity and inclusion within the company?
AMD cultivates an inclusive work environment with programs designed to support diverse backgrounds, including the Advancing Women in Tech initiative.
What partnerships does AMD engage in to promote sustainability?
AMD collaborates with its manufacturing partners to ensure responsible sourcing and has made significant strides in supporting human rights throughout its supply chain.
