Policy Makers
Social Responsibility in Europe. As an active member of CSR
Europe, Intel participates on the Steering Team that oversees
the organization's engagement in the European Multi-Stakeholder
Forum on Corporate Social Responsibility (CSR). Bringing
together European employers, federations, business networks,
trade unions and non-governmental organizations, the forum
is designed to promote innovation, convergence and transparency
in existing CSR practices and tools. These include
codes of conduct, labels, reports and management instruments.
Through a series of thematic roundtables during 2003, members
exchanged information on effective practices and assessed
the appropriateness of establishing common guiding principles
for CSR practices and instruments. Given our specific business
focus and experience, we have participated in talks directly
with CSR Europe as a formal stakeholder on the organization's
Convergence and Transparency Roundtable.
Investors
Looking Beyond Performance. Intel stockholders care about
more than financial performance. Increasingly, they also want
to know about our social responsibility efforts. To keep them
informed, we hold a series of corporate responsibility analyst
meetings each year. In 2003, we met with groups in California,
Massachusetts, New York, Washington, D.C. and Amsterdam.
Among those we met with were Calvert Group, Catholic
Healthcare Investment Trust, Citigroup Asset Management,
Domini, Dreyfus, Harris Bretall, IRRC, KLD, Rockefeller,
Trillium Asset Management, Walden Asset Management, and
the Presbyterian Church USA. We also held discussions by
teleconference and responded to surveys from the Carbon
Disclosure Project, Dow Jones Sustainability Index, Ethibel,
Ethical Investment Research Service, Innovest, Institutional
Shareholder Services, Oekom Research and others. We value
the scrutiny, ideas and insight of our stockholders.
Communities
Local Engagement in New Mexico. Intel New Mexico
has been participating in the New Mexico Environment
Department (NMED) air quality study. The sampling phase
of the study is complete, and final results from the health
risk assessment as well as proceedings of all public
meetings and the report are posted on the Internet at
 www.nmenv.state.nm.us/aqb/projects/Corrales
Despite reassuring results from the air quality study, we remain
committed to continuous improvement and engagement
with the local community. Our New Mexico site continues
to take additional steps to enhance communication and
environmental factors.
Intel New Mexico has established a public forum and visited
door-to-door with adjacent neighbors to hear their comments
about our emissions and operations. The process has resulted
in facility improvements, including the installation of additional
abatement equipment to reduce noise and emission levels.
The forums have enabled Intel to garner valuable community
input concerning our update to the site's risk assessment effort.
Finding a Solution for the City of Folsom. A year ago, it seemed like an intractable problem: The City of Folsom needed
to build affordable housing under court order and looked
to Intel for help. We owned vacant land in the City near our
185-acre campus but intended to use it for future expansion.
Nearby homeowners were concerned that any further development
on Intel land might eliminate a valuable stand of trees
and degrade the surrounding environment. We saw opportunity
rather than a problem. After a year of dialogue and planning, we
crafted an innovative solution that preserved the trees, provided
for affordable housing in the City on a more suitable part of
our property and preserved the company's ability to grow.
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