Our Approach
At AMD, we are committed to doing the right thing and conducting our business ethically. Our approach to CR management and governance applies to all aspects of our business, spanning product design and use, supply chain, AMD operations, and external engagement.
This holistic approach allows us to align key efforts with core values and operationalize strategic programs around priority focus areas. Everyone at AMD has a role to play, including the leaders who set our strategy, the engineers who work hands-on to innovate our products, the teams that drive our CR efforts, and the employees contributing support. Our governance process entails soliciting actionable stakeholder feedback, engaging executive leadership, developing CR-related policies, and fostering cross-functional team coordination. As a result, we are able to set clear objectives, track progress, and promote accountability through transparent disclosure.
CR Governance
Oversight of our approach is multi-faceted:
- The AMD Board of Directors: The highest level of ESG oversight (including risks and opportunities) at AMD resides with our Board. The Nominating and Corporate Governance Committee maintains formal oversight of the company’s focus on ESG. The Audit and Finance Committee oversees the company's voluntary and required ESG reporting and associated regulatory compliance. The Compensation and Leadership Resources Committee oversees our focus on diversity, belonging, and inclusion. Each of these groups receives reports from and engages with management on ESG matters at least annually.
- The AMD Executive Team (AET): The AET – which includes our Chair and Chief Executive Officer (CEO), executive vice presidents, and certain senior vice presidents – helps set CR strategic priorities and goals for AMD departments, while providing company investments and resources to demonstrate progress. The AET receives regular updates, at least quarterly, on ESG topics. The AET discusses needs and proposals throughout the year when warranted.
- The AMD ESG Executive Steering Committee: Our ESG Executive Steering Committee is responsible for overseeing progress on our CR priorities, goals, and disclosures while communicating regularly with the AET. It is comprised of cross-functional leaders (director level or higher) from Corporate Ethics and Compliance, Corporate Responsibility, Finance, Global Operations, Human Resources, Investor Relations, Information Technology, Legal, and other departments. In addition to ongoing collaborative initiatives, the Committee meets at least quarterly.
- The AMD Corporate Responsibility (CR) team: The CR team works cross-departmentally to help operationalize the day-to-day management of many ESG-related policies, practices, and infrastructure. The CR team also leads ESG reporting and communications. In its role, the CR team regularly engages with other AMD departments, such as EHS, Engineering, Global Operations, Human Resources, Investor Relations, Legal, and Quality, to help us manage environmental and social issues effectively and efficiently. CR resides within Legal and reports to our Senior Vice President of Legal, General Counsel and Corporate Secretary, who reports to our Chair and CEO.
Enterprise Risk Management
Our enterprise risk management (ERM) efforts aim to ensure AMD is resilient as we face challenges and can harness opportunities that arise. We engage in activities focused on taking calculated risks to protect existing assets and create future value.
Oversight of the company’s ERM process involves collaboration among the Board of Directors, CEO, and company management. Our CEO and company management are accountable for day-to-day risk management activities, while the Board of Directors and its committees are actively involved in overseeing our risk management processes. Senior management members participate in identifying and assessing inherent risks and developing processes and controls to mitigate them. The CEO holds ultimate responsibility for managing the business, including identifying enterprise-level risks and the risk management program.
Ethics and Compliance
MD 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 to all employees the importance of following the standards of business conduct documented in the AMD Worldwide Standards of Business Conduct (WWSBC) to help us conduct our business ethically. The AMD Board of Directors has governing authority with oversight responsibility of the AMD Ethics and Compliance Program.
Competition Law and Anti-Bribery Compliance
Antitrust laws are designed to protect consumers and competitors against predatory and unfair business practices and to promote and preserve competition. 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.
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.
Cybersecurity
Cybersecurity is a top priority for AMD. We focus on continuously strengthening the protection of our company’s technology infrastructure, intellectual property, and other critical information assets against cyber threats. We design and assess our program based on the National Institute of Standard and Technology Cybersecurity Framework (NIST CSF) and AI Risk Management Framework and strive to align our security controls to Center for Internet Security (CIS) Critical Security Controls, ISO 27001, and SOX.
Public Policy
As a global company, we believe CR includes being an active, informed participant in the development of public policies that affect our business, industry, and customers 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 works with governments, non-governmental organizations (NGOs), and industry associations to deepen our understanding of a broad set of issues, while sharing our experience and expertise as part of an informed public policy development process.
Representative public policy priorities for AMD include:
- Emerging Technologies
- AI Innovation
- Movement of Goods/IP Products
- Energy Efficiency
- Responsible Supplier Management
- Secure Technology
- Trade, Competition, and Market Access
- Workforce Talent
Governance Guidelines and Policies
Advancing Corporate Responsibility
We embed corporate responsibility across our operations and communities so that together we advance_
