Message from President and CEO Dirk Meyer 

To Our Stakeholders:

We are pleased to share with you our 2008 Corporate Responsibility Report. Despite the demands of a financially challenging year, AMD continued to demonstrate our unwavering commitment to being a responsible corporate citizen.  This report builds upon the last eight years, as AMD has delivered on our commitment to open communications with stakeholders through our Corporate Responsibility Report and our Global Climate Protection Plan.

Together, these reports discuss our commitment to:

  • Create products that enable our customers to produce energy-efficient technology
  • Adhere to strong corporate governance
  • Improve transparency
  • Improve working conditions throughout our supply chain
  • Enhance the communities where we do business
  • Reduce our environmental impact 

From developing procedures for integrating environmental and social considerations into our supply chain management to implementing strategic education initiatives in the communities where we do business, corporate responsibility at AMD is comprised of many internal and external-facing initiatives. The basic, underlying philosophy of our corporate responsibility is to build better relationships and ensure a greater level of transparency in how we conduct business. Our internal focus is on creating an environment that promotes creativity, diversity, collaboration, and accountability for employees. Externally, our efforts touch many stakeholders including customers, partners, suppliers, investors, and more.

Some of our key accomplishments in 2008 included:

  • Forming the AMD Foundation and launching its signature education initiative, AMD Changing the Game, to promote the use of youth game development as a tool to inspire learning and improve science, technology, education and math (STEM) skills.
  • Transitioning the day-to-day operations of our digital inclusion initiative, 50x15, to the 50x15 Foundation, while remaining an active partner to ensure 50x15's sustainability and expansion.
  • Publishing our eighth Global Climate Protection Plan which outlines our strategy, goals and progress toward reducing our impact on the global climate.
  • Achieving outstanding progress with respect to most of the 2010 goals we set for our environmental performance.
  • Opening our new Lone Star campus in Austin, Texas which achieved LEED Gold certification from the U.S. Green Building Council in early 2009.
  • Working to improve the financial condition of the company by laying the groundwork for GLOBALFOUNDRIES, a leading-edge semiconductor manufacturing company.
  • Announcing "Fusion," AMD's business philosophy that guides our next-generation solutions through technology integration, customer intimacy and industry impact.    

In addition to these accomplishments, we were recognized by several organizations for our continued commitment to being a responsible corporate citizen including:

  • The Global 100 Most Sustainable Corporations in the World by Corporate Knights and Innovest Strategic Value Investors.
  • The Dow Jones Sustainability World Index for the seventh consecutive year.
  • U.S. EPA Climate Protection Award in recognition of our continued commitment to protecting the global climate through energy-efficient product innovation, facility design and management, and industry education.
  • The 100 Best Corporate Citizens by Corporate Responsibility Officer (CRO) Magazine in 2009. 

These accomplishments and the recognition were achieved within a year that was also marked by challenging global financial markets. Despite the challenges, AMD made bold moves to strengthen the company and create a more flexible operating model. In addition to the creation of GLOBALFOUNDRIES, we divested "non-core" portions of our business and we implemented restructuring plans to reduce our break-even point. Throughout these changes, we continued to invest in and deliver one of the strongest product and technology roadmaps in AMD's history. We have a rich history of innovation leadership, delivering many of the technologies that now form the basis of everyday computing. AMD is now a product design and development company with an incredible talent pool of engineers and a broad collection of IP that can be applied to solving all of our customers' needs.

I am proud of the way our employees have responded to these challenging times and embraced change as we seek to become more agile.  We remain firmly committed to being responsible to our stakeholders and we look forward with interest and anticipation to the opportunities and challenges that lie ahead.

Best regards,


 

Dirk Meyer
President and CEO