Corporate Responsibility
Executive Summary | Everything Adds Up
Craig R. Barrett
Many variables are involved in the successful operation of a global enterprise. With today's emphasis on worldwide competitiveness, pressures that include economic performance, environmental performance, employee and community safety, and social programs can pull a company in different directions.

At Intel, we pride ourselves on the fact that while our near-term economic priorities may shift, we maintain a long-term commitment to excellence in all areas in which we are involved. As corporate responsibility can encompass just about every relationship a company has, we can judge our success only by adding up all the details.

www.intel.com/jobs/workplace/values.htm

This is Intel's third Global Citizenship Report. In it, we attempt to offer a balanced and reasonable presentation of our organization's economic, environmental and social performance in 2003 as well as outline our priorities for the future. We continue to publish this report in accordance with the Global Reporting Initiative* (GRI) 2002 Sustainability Reporting Guidelines and will do so in the future.

For Intel, 2003 was a year of execution. We improved our global employee ethics training program and strengthened our network of risk controls across our finance and manufacturing organizations. Our employee injury rates improved 7% from 2002 and remain at world-class levels. Intel's global waste recycling teams exceeded their goals for 2003 by recycling more than 66% of chemical waste and 74% of solid waste worldwide. This represents a total of 40,000 tons of material recycled, resulting in hundreds of thousands of dollars saved in landfill costs.

The Intel® Teach to the Future program is now active in 33 countries after adding programs in Australia, Chile, Turkey, the Ukraine and Vietnam. By mid-2003, we had reached our "million teachers trained" milestone, and by year end that number had reached 1.5 million. The Intel® Computer Clubhouse Network expanded around the world, with new sites launched in Ireland, Ramallah/West Bank, South Africa and the United States—bringing the total to 68 Intel sponsored sites. In the areas of workplace and diversity, we chartered our 19th employee group and 99th chapter, and joined 65 other companies in support of the University of Michigan Amicus Brief upholding race as a factor in student admissions.

In the midst of our accomplishments, our company and our industry must continue to address the challenges we face with forthrightness and diligence. Among other things, we will work closely with our community stakeholders in New Mexico to investigate and alleviate concerns about Intel's environmental performance. And we will continue our work with the Semiconductor Industry Association to drive progress in the industry's worker health initiative.

www.nmenv.state.nm.us/aqb/projects/Corrales
www.sia-online.org/iss_whs.cfm

We continue to set high expectations for ourselves in 2004, not only in manufacturing excellence but also in improved performance across our corporate responsibility efforts, from environmental performance and energy conservation to stakeholder relationships and employee programs. These expectations are reflected in our goals for 2004 and, with sustained effort, in our tally of achievements in the future.
Craig R. Barrett

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