5
Executive Summary—Focus on Ireland
Cultivating an Ethical Culture
Intel has a long-standing commitment to
investing in systems to ensure that the
company operates at the highest levels
of business ethics and accountability. All
employees receive regular training on the
Intel Code of Conduct, which directs them to
consider the short- and long-term impacts
on the environment and the community when
they are making business decisions, and to
report potential issues as soon as they arise.
In early 2014, Intel was once again named to
Ethisphere* Institute’s list of the “World’s Most
Ethical Companies” for promoting an ethical
business culture, exceeding legal compliance
minimums, and shaping future industry
standards through best practices.
Operating with Transparency
We build and maintain relationships
through open and direct communication
with employees, customers, suppliers,
communities, and governments. In 2013,
we expanded our Explore Intel web sites to
provide real-time disclosure and contact
information for communities surrounding
major Intel campuses in eight locations. To
promote transparency in our supply chain, we
requested that our top 75 suppliers in 2012
publish Global Reporting Initiative* (GRI)-
based sustainability reports and provided
training to help them do so. By the end of
2013, over half of them had published GRI-
based reports.
Linking Compensation
To reinforce the strategic importance that
we place on environmental sustainability, we
link a portion of every employee’s variable
compensation—from front-line workers to our
CEO—to the achievement of environmental
sustainability metrics. In 2013, our employees
earned an incremental bonus tied to
improvements in our solid waste recycling
rate. Our 2014 environmental bonus metrics
focus on energy efficiency in our operations.
Promoting Supplier Responsibility
In 2013, Intel ranked number 5 on the
“Gartner Supply Chain Top 25” list for
excellence in supply chain management.
We hold the many suppliers with whom
we do business accountable for operating
with the same high standards that we
expect of ourselves. We communicate our
expectations clearly, identify and address
issues at the system level, and share our
findings across the industry. In 2013, we
convened our second Supplier Sustainability
Leadership Summit in China, which brought
together executives from our top suppliers,
government officials, leading NGOs, the
media, and academics. The summit reinforced
and clarified our expectations of suppliers,
and gave them opportunities to collaborate
on issues such as working hours, employee
engagement, environmental management,
and health and safety. In 2013, we also
launched the Programme to Accelerate
Supplier Sustainability (PASS), aimed at
improving supplier systems through more
stringent requirements related to compliance,
performance, and transparency. We believe
that PASS will help transform our supplier
engagement strategy from one that is
primarily compliance-oriented to one that
includes more collaborative discussion on the
proactive steps suppliers can take to build
internal capacity.
We strive to create a better future for people everywhere through our
actions and the application of our products. Our “shared value” strategy
leverages Intel’s assets to address social and environmental issues while
also creating business value and increasing our competitiveness. This
integrated approach helps us manage our business more effectively and
identify ways to apply our technology to benefit society.
1
“Conflict-free” means “DRC conflict free,” which is defined by the Securities and Exchange Commission rules
to mean products that do not contain “conflict minerals” (tin, tantalum, tungsten, and/or gold) that directly or
indirectly finance or benefit armed groups in the Democratic Republic of the Congo (DRC) or adjoining countries.
