Ethics and Compliance
AMD is committed to maintaining a high standard 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 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.
AMD’s Senior Vice President and General Counsel oversees the management of corporate responsibility-related policies, practices, and infrastructure, and delivers CR updates to AMD’s Board of Directors.
Below are AMD’s corporate ethics and governance policies, oversight structures and processes:
- Board of Directors
- Corporate Responsibility (CR) 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
- AMD Political Action Committee
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.
AMD’s commitment to public policy participation includes working with governments and authorities, NGOs, trade associations, and other groups to deepen our understanding of issues and diverse perspectives, as well as to share our experience and expertise as part of an informed public policy development process. We are actively engaged in a number of public policy efforts that are pertinent to our business, our industry, and users of AMD technology everywhere. Some of these public policy priorities for AMD include:
- Environmental Protection
- Conflict Minerals
- Energy Efficiency and Greenhouse Gas Emissions
- Secure Technology
- Competition and Market Access
- Principle Industry and Business Associations
For more information, go to our
Public Policy page.
Worldwide Standards of Business Conduct
AMD is committed to conducting its business with high ethical and compliance standards, and we each have a responsibility to ensure this commitment. All employees are required to familiarize themselves with the AMD Worldwide Standards of Business Conduct.
Worldwide Standards of Business Conduct
Issue Management: Review emerging or evolving issues to determine prospective importance to AMD and our stakeholders.
Materiality: Conduct biennial process to confirm business critical issues.
Business for Social Responsibility (BSR) led the 2014 effort with AMD’s Executive Team that prioritized our work on Energy Efficiency and Supply Chain Responsibility for 2015.
Stakeholder Engagement: Discuss issues with internal and external stakeholders and peers to determine relevance to our business and across those groups.
Performance Accountability: Develop program or policy recommendation, support business function goal development, and review ongoing progress
Transparency and Disclosure: Review progress against goals and develop disclosure recommendation for CR communications
We have dedicated resources in our Public Affairs department as part of AMD’s larger Legal organization. These resources handle issue identification and management, communications, CR related inquires (SRI questionnaires, ranking surveys, and customer or supplier requests), internal infrastructure, and external relationships.
Our main body for strategic planning is our internal CR Council that consists of senior leaders from Public Affairs, Community Relations, Strategy, Global Ops, Communications, Investor Relations, Marketing, Facilities, Human Resources, Engineering, and Legal.
This cross-functional team is organized to develop, implement and oversee AMD’s corporate responsibility strategy to deepen stakeholder relationships, align with societal expectations, and represent our collective organizational values.
Ceres to manage and facilitate our external stakeholder advisory panel for biannual engagements. These interactions are covered by the Chatham House Rule, but recent engagements have focused on communication opportunities for our CR programs and potential gaps in our reporting content. The panel consists of representatives from academia, SRI groups, NGOs, and major customers. Interactions with this panel provide AMD with valuable insights and perspective on how to improve our corporate responsibility strategies, communications, and performance.
Multi-Stakeholder Dialogue on Conflict Minerals
AMD has been a leader in bringing together NGOs, companies, and socially responsible investors on the serious and complex issue known as “conflict minerals.” We actively participate in the EICC/Global e-Sustainability Initiative (GeSI) Conflict-Free Sourcing Initiative (CFSI) and we are a founder and supporter of the Public-Private Alliance (PPA) for Responsible Minerals Trade. We have also engaged with U.S. State Department Special Envoy Russ Feingold on helping the DRC and other governments in the region reduce conflict and improve security. These efforts, combined with tracking materials through our supply chain, are aimed at helping to bring lasting peace and prosperity to this troubled region.
AMD employees are our most important stakeholder group. We know that employees – especially younger employees and job seekers – are increasingly seeking employers with values matching their own. We periodically survey our employees worldwide to understand their overall satisfaction, specifically asking them about their impressions of our corporate responsibility programs. Our last survey was completed in 2013. We invited 100 percent of our employees to participate and 82 percent responded.
Among other positive results, it was gratifying to learn our employees have a very high level of satisfaction with AMD corporate responsibility programs: an average of 81 percent favorable for all employees surveyed. This was the second highest approval rating of any question asked in the survey and had the least negative responses. Even with this high level of satisfaction, we are striving to further improve. We have set a goal to increase the approval rating for our corporate responsibility programs to well above the norm for high-performing companies (+6 percentage points) by 2015.
Corporate Responsibility Reports
Corporate Responsibility Newsletters
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