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Well-managed transitions provide stability for the corporation.
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Our standing as a socially responsible corporate citizen is
important to us, and we employ systems and processes to manage it. To that end,
we direct our corporate responsibility efforts across a global network of Intel
organizations, and we exercise discipline, a core Intel Value, in doing so.
We strive to conduct ourselves with uncompromising integrity and
professionalism. Whether in customer interactions, oversight of contractor
safety or stakeholder engagement in our local communities, we ask "how?" no
less than "why?"
Intel's Corporate Business Principles (CBPs) serve as the backbone for guiding
our employees, including corporate officers, as they conduct their business.
Additional guidelines, such as our Principles for Responsible Business,
complement the CBPs. We believe that these policies should be transparent and
publicly available. We have compiled an Intel Policy Set to fulfill this
commitment as well as meet the goals of the Global Reporting Initiative.
http://download.intel.com/pressroom/archive/backgrnd/Policy_Manual_2004_GCR.pdf
Overall, Intel's Board of Directors has undergone few changes since our last
report; however, one important change involves our Corporate Governance and
Nominating Committee. This committee is charged with reviewing and reporting to
the Board regarding our corporate responsibility performance. The committee
reports on environmental-, workplace- and stakeholder-related corporate
responsibility issues as well as the company's public reporting on these
topics. The expanded committee's efforts are already being put to use.
Electronics Industry Code of Conduct
Intel, in conjunction with Cisco Systems, HP, Microsoft, SAP, Seagate and Sony,
formed a new supply chain working group to develop integrated, harmonized
leadership expectations for supplier conduct. By the end of 2004, most members
of this group had endorsed the Electronics Industry Code of Conduct (EICC).
The EICC was developed to promote unified industry expectations for socially
responsible practices across the electronics industry's global supply chain.
The EICC outlines a consistent approach for supplier performance in many areas,
including labor and employment practices, health and safety, ethics and
protection of the environment. The working group, facilitated by Business for
Social Responsibility (BSR), will change its focus in 2005 to develop common
mechanisms for enabling compliance with the EICC and build capacity in the
supply chain.
Intel is committed to working to clarify the best ways to implement these
mechanisms. We are working with other electronics companies to develop surveys,
assessments and reporting tools to enhance supplier capabilities. In addition,
we maintain open channels with other stakeholders to ensure that we learn their
views.
Intel Israel: implementing CSR locally
Intel Israel used 2004 to adapt the Intel-wide Corporate Social Responsibility
(CSR) framework to a site-based CSR program and strategy. The existing
corporate program provided scalable examples for a site-based framework. Key
steps in the effort included:
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Joining
a regional CSR network. In this case, the site joined MAALA, the Business for
Social Responsibility (BSR) affiliate in Israel. |
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Stakeholder
engagement and updating Intel Israel's external CSR profiles. |
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Combining
EHS, workplace and community initiatives under a single CSR framework. |
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Implementing
a cross-disciplinary team to implement CSR strategy, including Public Affairs,
EHS, Legal, Human Resources and Finance. |
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Incorporating
CSR concepts into site communications as well as translating key CSR messages
into Hebrew for more effective regional use. |
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Most importantly, the site established leadership accountability by creating a
management review committee, chaired by the site manager.
Continuous improvement in compliance and ethics
Building on the expanded role of Intel's Ethics and Compliance Oversight
Committee (ECOC) and Business Practice Excellence (BPX) Training Program, we
initiated a new BPX effort to focus primarily on the communication and training
of the BPX principles. We also established a new annual training requirement
for all employees; the new class in 2005 will use case studies to help
employees use ethics-based decision-making to resolve business questions. The
ECOC continues to keep up with the latest changes in laws and regulations such
as those in the U.S. Federal Sentencing Guidelines, which promote ethical
conduct and full compliance with all applicable laws and regulations.
