| STAKEHOLDER FEEDBACK |
AMD RESPONSE |
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Governance:
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| The panel suggested ways for AMD to strengthen its governance structure for corporate responsibility, including formalizing oversight from our board of directors, linking executive compensation to CR performance and providing clarity on the organizational structure of AMD’s CR function. |
- The governance model AMD uses for corporate responsibility is similar to other companies and has served us well. Nonetheless, the corporate responsibility team plans to meet with the new executive leadership to discuss strategy, governance and alignment with business goals.
- The AMD board of directors periodically receives a summary briefing on our corporate responsibility performance and plans. The last such briefing was delivered to the board in Q4 2011.
- More clarity on the organizational structure of our corporate responsibility function is provided in Ethics and Compliance.
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CR Strategy:
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| The panel conveyed overall support for AMD’s CR strategy but wanted more insight on the process used to select priority issues |
See Material Issues Section |
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Supply Chain:
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| The panel affirmed AMD’s decision to prioritize supply chain responsibility and requested that AMD reveal the identity of its major suppliers, train suppliers on corporate responsibility and disclose smelters used in our supply of tin, tantalum, tungsten and gold. |
- In this report, AMD has disclosed our wafer foundry suppliers. These suppliers account for the highest environmental impact in our supply chain. For example, more than 60% of our total GHG emissions are associated with these facilities. See Supplier Responsibility and environmental data tables.
- AMD meets regularly with our suppliers and shares information and our expectations on corporate responsibility best practices. We are working through the Electronics Industry Citizenship Coalition (EICC) on formalized capacity building (training) of our suppliers.
- AMD has developed processes to identify the smelters of origin for the tin, tantalum, tungsten and gold in our products. We have not disclosed these at this time because of the evolving regulations governing conflict minerals. See Conflict Minerals.
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Transparency & Disclosure:
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| The panel praised AMD’s lengthy and consistent record of transparency and asked AMD to disclose stakeholder feedback, communicate more about corporate responsibility with social investors and consider third-party validation of disclosures. |
- AMD has disclosed stakeholder feedback in this section and invited panelists to include unedited comments in our corporate responsibility communications.
- AMD conducted a series of meetings with the social investment community and our plans are to continue this dialogue.
- AMD has considered third-party validation of our corporate responsibility disclosures, but at this time, we have not purchased this service.
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