Our products enable others to change the world. This comes with a responsibility to ensure that we are doing the right thing and conducting our business ethically.
Ethics and Compliance
The integrity of an organization begins with all employees’ commitment to our core values and their responsibility to act in concert with those values.
We are committed to maintaining a high standard of ethics and compliance, to transparency and accountability, and to engaging our stakeholders in our corporate responsibility programs.
We implement processes to ensure that our practices are consistent with our policies, including the following:
- AMD’s Worldwide Standards of Business Conduct support our commitment to ethical standards and compliance with laws, regulations and company policies. These standards apply to all members of AMD’s Board of Directors and employees worldwide, and are one of the key components of the company’s compliance and ethics program. They reiterate our values and outline guidelines on a broad range of workplace, business practice and conflicts of interest principles. All employees worldwide receive access to, and training on, the Standards.
- AMD’s Code of Ethics supports the commitment of our corporate officers and key finance executives to ethical standards and compliance with laws, regulations and company policies applicable to corporate financial transactions, reporting and disclosure.
- AMD’s Corporate Compliance Committee is the internal group responsible for oversight of AMD’s Worldwide Standards of Business Conduct and related policies/procedures (e.g., compliance with Foreign Corrupt Practices Act and conflict of interest rules). The committee provides regular ethics and compliance activity reports, as well as status updates to the Board of Directors.
- The AMD AlertLine is a multilingual web portal and telephone service that accepts anonymous reports about suspected illegal activity or violations of AMD’s Worldwide Standards of Business Conduct, as permitted by law. The AMD AlertLine is available to all AMD employees worldwide, 24 hours a day and seven days a week. The Board of Directors receives summaries of all calls. Reports may also be submitted via the web at amd.alertline.com (for use by locations outside the European Union) or amdeu.alertline.com (European Union only).
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:
- Secure Technology
- Competition and Market Access
- Energy Efficiency
- Workforce Talent
- Movement of Goods/IP
- Conflict Minerals
- Environmental Protection
For more information, please visit our Public Policy page.
CR Governance and Management
As a semiconductor design company, we recognize that our customers have a vested interest in how we manage corporate responsibility issues, including human rights and environmental issues within our supply chain. Ensuring an ethical supply chain is paramount to our CR program.
Our CR Department, which focuses on social and environmental responsibility, reports to our Corporate Vice President of Public Affairs. Our Senior Vice President and General Counsel oversees the management of corporate responsibility-related policies, practices, and infrastructure, and delivers annual Corporate Responsibility updates to AMD’s Board of Directors.
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 (investor questionnaires, ranking surveys, and customer or supplier requests), internal infrastructure, and external relationships. Our CR team also coordinates with other AMD departments such as sales, quality, and supply chain to help ensure we are effectively and efficiently managing environmental and social issues.
Corporate Responsibility Process
Our approach to CR includes the following processes:
Review emerging or evolving issues to determine prospective importance to AMD and our stakeholders.
Conduct biennial process to confirm business critical issues. Learn about our latest materiality assessment and the core issues it defined.
Discuss issues on an ongoing basis with internal and external stakeholders and peers to determine relevance to our business and across those groups.
Develop program or policy recommendation, support business function goal development, and review ongoing progress
Transparency and Disclosure
Review progress against objectives and develop disclosure recommendations for corporate responsibility communications
For Future Corporate Responsibility Updates from AMD
- Erratum: The original posting of the Corporate Responsibility Summary Magazine published on June 9, 2015 included an error in the data table. AMD’s Net Income figures should be listed in parentheses to indicate losses for the years 2012, 2013 and 2014. The corrected file was posted on June 26, 2015.