AMD 2023-24 Corporate Responsibility Report: Advancing Sustainability, Collaboration and Inclusion
21 August 2024 - 3:00PM
Today, AMD (NASDAQ: AMD) published its annual Corporate
Responsibility (CR) Report, detailing progress toward its strategic
Corporate Responsibility goals in 2023. AMD focuses its efforts on
key issues that have the greatest impact on its business and
society, determined through an ESG materiality assessment1,
including environmental sustainability; digital impact; diversity,
belonging and inclusion; and supply chain responsibility.
“We are in the midst of a major inflection point in the
computing industry, and it is more important than ever to put our
values into action and align our efforts with some of the biggest
challenges facing our world, including addressing climate change
and energy demand, enabling advancements in science and medicine,
and respecting human rights,” said Justin Murrill, director of
Corporate Responsibility at AMD. “At AMD, we continue to deepen
collaboration with partners and peers to address these important
issues and responsibly drive our industry forward.”
Key highlights from 2023 include:Advancing Environmental
Sustainability
- Through a holistic approach to chip design centered on
performance and energy efficiency, AMD delivers a broad range of
compute engines for end-to-end AI infrastructure. Innovations like
the chiplet architecture AMD pioneered can address sustainability
challenges during product use as well as in the manufacturing
process. For instance, producing 4th Gen AMD EPYC™ CPUs with up to
12 separate compute chiplets instead of one monolithic die saved
~132,000 metric tons of CO2e in 2023 through avoidance of wafers
manufactured, 2.8x the annual operational CO2e footprint of AMD in
2023, and 4.9x the water use of AMD operations in 20232. AMD also
continues to make progress on its goal to deliver 30x energy
efficiency improvement for processors and accelerators powering
servers for HPC and AI training from 2020 to 2025, and AMD
solutions power more than half of the top 50 most energy efficient
supercomputers on the latest Green500 list.
- AMD designs AI and high-performance computing to help customers
and partners tackle some of the world’s toughest challenges while
achieving their sustainability goals. As AI becomes the dominant
workload, AMD solutions are helping data center operators modernize
their infrastructure to address space and power challenges. For
example, a single 4th Gen AMD EPYC™ server can replace five legacy
servers, reducing rack space by 70% while consuming 65% less
energy3.
- Across its operations, AMD has reduced carbon emissions 24.5%
since 2020. In 2023, AMD sourced 40% of its energy used from
renewable sources, up from 18% in 2020. In the supply chain, AMD
foundry partners reduced total water withdrawals from wafer
manufacturing by increasing recycled water use by 34%
(2022-2023).
Accelerating Scientific Research and STEM
Education
- Since 2020, more than 150 universities, research institutions
and non-profit organizations have received donated AMD technology
through the AMD AI and HPC Fund and STEM initiatives, benefiting
approximately 61 million people through scientific research and
education.4 As part of these efforts, in 2023, AMD made donations
to institutions working in areas such as AI and Machine Learning
systems and applications research, incorporating AI in scientific
applications and various HPC and AI teaching and training
initiatives.
- The company also continues to expand STEM education with the
AMD Learning Labs program and established a new lab at Maynooth
University in Dublin, Ireland. In addition to technology and
funding, AMD employees around the world provide mentoring and
hands-on learning with students through a variety of programs and
events.
Empowering People and Communities
- AMD empowers employees to do their most impactful work,
supported by opportunities for development, engagement and
belonging. Driven by these efforts, in the 2023 AMDer Survey, 92%
of employees said AMD creates an environment where people of
diverse backgrounds can succeed.
- In 2023, AMD launched Advancing Women in Tech, a comprehensive
learning experience designed to empower, retain and support AMD
women in technical careers. The program was completed by over 230
women in its inaugural year and is expanding with additional
cohorts in 2024. AMD also welcomed its first cohort of veterans
through the Hiring our Heroes program in 2023.
- AMDers around the world logged over 25,000 hours of volunteer
time through individual and team-based activities throughout
2023.
Collaborating Across the Value Chain
- AMD cultivates strong partnerships across its value chain and
carefully selected manufacturing partners to advance human rights,
environmental sustainability and supply chain resilience. In 2023,
AMD expanded due diligence efforts to mitigate adverse impacts to
human rights where possible, including additional responsible
minerals due diligence. Aligned to the company’s goals, 84% of AMD
Manufacturing Suppliers had Responsible Business Alliance audits
between 2020-2023.5
- AMD continues to work closely with suppliers to expand
education and resources on environmental and human rights issues.
Over the last three years, 95% of AMD Manufacturing Suppliers
across Malaysia, Taiwan and Japan that work with labor agents to
recruit migrant workers have attended the RBA Forced Labor
Prevention workshop.
To learn more about these and other Corporate Responsibility
updates, explore the full 2023-24 CR Report here.
AMD prepared this year’s report in accordance with the Global
Reporting Initiative (GRI) Standards. In addition, the report
includes climate-related disclosures included in the
recommendations of the Taskforce on Climate-Related Financial
Disclosures (TCFD) as well as relevant disclosures in applicable
Sustainability Accounting Standards Board (SASB) Standards. AMD
also annually reports to CDP on climate change and water, as well
as reporting on how AMD is making progress in alignment with the UN
Sustainable Development Goals.
Supporting Resources
- Learn how AMD chiplet architecture
innovations are advancing sustainability
- Explore research enabled by the AMD AI and HPC Fund
- Read more about data center modernization with AMD EPYC
About AMDFor more than 50 years AMD has driven
innovation in high-performance computing, graphics and
visualization technologies. Billions of people, leading Fortune 500
businesses and cutting-edge scientific research institutions around
the world rely on AMD technology daily to improve how they live,
work and play. AMD employees are focused on building leadership
high-performance and adaptive products that push the boundaries of
what is possible. For more information about how AMD is enabling
today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website,
blog, LinkedIn and X pages.
1 We include certain disclosures, reports, and information on
various environmental, social, and corporate responsibility-related
matters on our website (collectively, our “ESG Materials”). Our ESG
Materials may contain information that is significant; however, any
significance should not be read as necessarily rising to the level
of the definition of materiality used for the purposes of our
compliance with reporting requirements, including the U.S. federal
securities laws, even where we use the word “material” or
“materiality” in our ESG Materials (including where we use it in
connection with our materiality assessment) or in other materials
issued in connection with the matters discussed in our ESG
Materials. We have used definitions of materiality in the course of
creating our ESG Materials and the goals and metrics discussed
therein that do not coincide with or rise to the level of the
definition of materiality used for the purposes of our compliance
with the U.S. federal securities laws. Moreover, given the
uncertainties, estimates, and assumptions inherent in the matters
discussed in our ESG Materials, and the timelines involved,
materiality is inherently difficult to assess far in advance. In
addition, given the inherent uncertainty of the estimates,
assumptions and timelines associated with the matters discussed in
our ESG Materials, we may not be able to anticipate in advance
whether or the degree to which we will or will not be able to meet
our plans, targets or goals.2 AMD estimation based on defect
density (defects per unit area on the wafer), chip area and
n-factor (manufacturing complexity factor) to estimate the number
of wafers avoided in one year. Yield = (1 + A*D0)^(-n) where A is
the chip area, D0 is the defect density and n is the complexity
factor. The area is known from our design, D0 is known based our
manufacturing yield data, and n is a number provided by a foundry
partner for a given technology. The calculations are not meant to
be precise, since chip design can have a large influence on yield,
but it estimates the area impact on yield. The carbon emission
estimates of 132,064 mtCO2e were calculated using the estimated
number of 5 nm wafers saved in one year, based on the TechInsights’
Semiconductor Manufacturing Carbon Model. Comparison to AMD
corporate footprint is based on AMD reported scope 1 and 2
market-based GHG emissions in 2023: 46,606 mtCO2e. Water savings
estimates of 1,110 million liters were calculated using the
estimated number of 5 nm wafers saved in one year times the amount
of water use per 300mm wafer mask layer times the average number of
mask layers. Comparison to AMD corporate water use is based on AMD
2023 reported value of 225 million liters. 3 SP5TCO-022B: As of
02/28/2023 based on AMD Internal analysis using the AMD EPYC™ Bare
Metal Server & Greenhouse Gas Emission TCO Estimation Tool -
version 8.22, estimating the cost and quantity of 2P AMD EPYC™ 9654
(96 core/CPU) powered server versus 2P Intel® Xeon® Platinum 8130
(28 core/CPU) based server solutions required to deliver 380 total
virtual machines (VM), requiring 1 core and 8GB of memory per VM.
Environmental impact estimates made leveraging this data, using the
Country / Region specific electricity factors from the '2020 Grid
Electricity Emissions Factors v1.4 – September 2020', and the
United States Environmental Protection Agency 'Greenhouse Gas
Equivalencies Calculator'.This scenario contains many assumptions
and estimates and, while based on AMD internal research and best
approximations, should be considered an example for information
purposes only, and not used as a basis for decision making over
actual testing. For additional details, see
https://www.amd.com/en/claims/epyc4#SP5TCO-022B.4 The time period
for the Digital Impact goal includes donations made after January
1, 2020 and initiated by December 31, 2025. “Initiated” is defined
as AMD and the recipient organization reaching an agreement on an
AMD donation, which must be delivered by July 30, 2026. Reported
data includes: direct beneficiaries defined as students, faculty,
or researchers with direct access to AMD-donated technology,
funding, or volunteers; and indirect beneficiaries defined as
individuals with a reasonable likelihood of receiving research data
formulated through AMD-donated technology and potentially gaining
useful insights or knowledge. AMD conducts annual surveys with
recipient organizations to estimate direct beneficiaries, and in
the case of the AI & HPC Fund, indirect beneficiaries as well.
To address gaps and/or inconsistencies in survey responses, AMD
uses an economic-based impact assumption to estimate the total
number of indirect beneficiaries (not applied to direct
beneficiaries) by dividing the total market-value of donations in a
given years by the total reported indirect beneficiary values from
recipients’ surveys for the same year. The data shows the ratio is
1.08 on average for the 3 years of data available (2021, 2022,
2023). Therefore, AMD assumes for every $1M USD of market-value
donated, approximately 1.08 million people will indirectly benefit.
AMD also assumes that the annual estimated indirect beneficiaries
in year 1 continues to reach additional individuals in year 2 and
year 3, but at a reduced rate. The impact depreciation rate assumes
year 2 beneficiaries amount to 50% of year 1 estimates, and year 3
beneficiaries amount to 25% of year 1 estimates. AMD goal
calculations are third-party verified (limited level assurance)
based on data supplied by recipient organizations, which is not
independently verified by AMD, and AMD economic-based impact models
based on data supplied by recipient organizations.5 AMD
calculations are third-party verified (limited level assurance)
based on data supplied by our Manufacturing Suppliers, which is not
independently verified by AMD.
Contact:Sarah
Feller AMD Communications(512)
574-5583sarah.feller@amd.com
Suresh BhaskaranAMD Investor
Relations408-749-2845suresh.bhaskaran@amd.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/c432ad8c-4581-49eb-9d9e-9cb11379971f
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