In 2011, AMD continued to shape our business with a systematic approach to managing the risks and opportunities associated with shifting market and industry conditions in our core areas of business. The following sections describe our internal and public policies and programs that address these risks.
Ethics and Compliance
AMD is committed to achieving the highest standards of ethics and integrity in all aspects of our business. We implement processes to ensure that our practices are consistent with our policies. We believe that the integrity of an organization begins with every employee’s commitment to our core values and their responsibility to act in concert with those values.
Responsibilities, Policies and Resources
AMD’s Senior Vice President and General Counsel oversees the management of corporate responsibility-related policies and practices. Below are AMD’s corporate ethics and governance policies, oversight structures, and processes:
- Board of Directors
- Corporate Responsibility Council
- Principles of Corporate Governance
- Worldwide Standards of Business Conduct
- Code of Ethics
- Corporate Compliance Committee
- Stock Ownership Guidelines
- AMD AlertLine
- Internal Audit
- Global Internal Controls and Compliance Organization
- Risk Management, including a new Risk Management Committee established in 2011
- AMD Political Action Committee
- Member of the Makkula Center for Applied Ethics
Get full details on each of these components in the 2011 CR Report
As a global company, we believe corporate responsibility includes being an informed, active participant in the development of public policies that affect our business and our industry in the countries and communities in which we operate. Good public policy begins with diverse stakeholders participating in open and transparent proceedings to carefully examine issues and offer different perspectives that promote effective solutions.
For more information, go to our Public Policy page
AMD respects and supports proclaimed human rights on a worldwide basis, within our sphere of influence. AMD is committed to respect its employees’ human rights. AMD compensates its workers at or above legal minimums, and complies with all applicable labor laws including minimum working age laws. AMD prohibits discrimination based on race, color, age, gender, sexual orientation, gender identity and expression, ethnicity, disability, religion, union membership, or political affiliation. AMD does not use forced labor in providing its services, and prohibits physical abuse or harassment and retaliation against employees reporting harassment amongst its employees. AMD operates in locations where employees have the right to freely associate or not associate with third party organizations, such as labor unions, and these employees have the right to collectively bargain or not bargain collectively in accordance with local laws. AMD respects those rights and is committed to maintaining a fair and open workplace where employees are treated with dignity and respect, are free from discrimination or the fear of retaliation and can openly share their ideas, concerns or problems on workplace issues with management. AMD’s principles of respect for people are further discussed in AMD’s Worldwide Standards of Business Conduct, and these principles are designed to help AMD ensure that it is not complicit in human rights abuses.
California Transparency in Supply Chains Act of 2010
The California Transparency in Supply Chains Act of 2010 (SB 657) requires manufacturers and retailers doing business in the State of California to disclose information regarding their efforts to address the issues of slavery and human trafficking in their supply chains. AMD strongly opposes the practice of slavery or human trafficking and utilizes several approaches designed to ensure and verify the absence of such practices in our supply chain. AMD’s activities to identify and prevent human trafficking and slavery activities by our vendors are explained here.