Our Approach
AMD is committed to conducting our business in a fair, ethical and honest manner and in compliance with all applicable laws, rules and regulations. Senior leaders, starting with our chair and CEO, communicate the importance to all employees of following the standards of business conduct documented in the AMD Global Code of Conduct (GCOC) to help us conduct our business ethically. The AMD Board of Directors’ Audit and Finance Committee has governing authority with oversight responsibility of the AMD Ethics and Compliance Program.
The chief risk and compliance officer (CRCO) oversees the Ethics and Compliance Program, which is tailored based on the results of the company’s compliance risk assessments and third-party program evaluations. This includes responsibility for implementing and operationalizing the AMD Global Code of Conduct and related policies and procedures. These policies govern employee conduct to facilitate our consistent compliance with laws and regulations, including the U.S. Foreign Corrupt Practices Act, export control regulations, privacy regulations and conflict of interest principles. The CRCO provides quarterly reports to the Audit and Finance Committee of the AMD Board of Directors on Ethics and Compliance Program activities and effectiveness.
Training
All employees are required to complete comprehensive AMD Global Code of Conduct training during onboarding and annually thereafter. This training is an online ethics and compliance course focused on anti-corruption, import and export compliance, insider trading, conflicts of interest and antitrust, among other topics.
Grievance Mechanism
We maintain a secure and trusted process for reporting misconduct and encouraging employees to use the process for raising concerns and asking questions. AMD Aware is a multilingual web portal and telephone service that accepts reports, including anonymous reports, about suspected illegal activity or violations of the Global Code of Conduct, as permitted by law. AMD Aware , is available to all AMD employees and third parties worldwide 24 hours a day, seven days a week. To encourage use of AMD Aware and our reporting process, we inform employees and other stakeholders of our non-retaliation policy with respect to good faith reports of non-compliance and ethics concerns or violations.
Competition Law
Antitrust laws are designed to protect consumers and competitors against anticompetitive conduct and unfair business practices and to promote and preserve competition and foster innovation. AMD is committed to a policy and practice of vigorous and ethical competition while complying with all applicable antitrust, competition and related laws in all countries, states or localities where the company conducts business.
AMD has a standalone Global Antitrust Compliance Policy to identify and educate our employees about key antitrust laws and concepts. That policy identifies the primary competition laws in the largest jurisdictions in which AMD operates, summarizes key antitrust policies, outlines the consequences of noncompliance and instructs employees on how to report conduct suspected to be in violation of competition laws.
Anti-Bribery Compliance
AMD does not tolerate the giving or receiving of bribes, kickbacks or other improper payments in connection with our business. In addition to the GCOC, AMD has a standalone global policy to help employees and key personnel identify and appropriately address anti-corruption risks when conducting company business. Our Global Anti-Bribery and Anti-Corruption Policy describes prohibitions and required processes related to specific areas of risk, such as gifts, meals and entertainment, and our company’s policy prohibiting facilitation payments.
All employees, officers, directors, contractors and business partners performing work for, with or on behalf of AMD are required to comply with the GCOC, including our Global Antitrust Compliance Policy and Global Anti-Bribery and Anti-Corruption Policy.
Privacy
AMD has implemented systems, processes and procedures to protect the personal information of AMD employees, job applicants, temporary workers, contingent workers, contractors, users and business partners worldwide. AMD maintains a full suite of policies and processes that govern how we process personal information, comply with privacy laws and enter into privacy agreements, when applicable, with third parties and service providers.
The Privacy team, which is part of the Ethics and Compliance Program and reports to the CRCO, oversees and coordinates privacy-related activities across diverse business functions responsible for handling various aspects of privacy.
Advancing Corporate Responsibility
We embed corporate responsibility across our operations and communities so that together we advance_
