Monday, October 22nd 2012
AMD Recognized for Exemplary Corporate Responsibility with Listings on the Dow Jones
AMD (NYSE: AMD) announced today it has been named to the Dow Jones Sustainability Index (DJSI) North America for the eighth consecutive year. The company has also been added to the FTSE4Good Index Series. These most recent acknowledgements highlight AMD's commitment to ethical and sustainable business practices.
"AMD is proud to be ranked among the world's leading sustainable businesses and to have our commitment to ethical business practices recognized by these influential investment indexes," said Tim Mohin, director, Corporate Responsibility at AMD. "This recognition is a testament to AMD's overall commitment to delivering products that enable our customers to address today's critical technology challenges while operating ethically and sustainably."
AMD technology powers computers and servers that enable a better world -- from helping scientists advance healthcare and climate-change research to optimizing clean energy and allowing cloud computing data centers to be more energy efficient. AMD's Accelerated Processor Units (APUs) include power-saving features like AMD AllDay Power designed to extend notebook battery life. APUs also enable developers to take advantage of the parallel processing power available in graphic processing units, which help applications run faster and simultaneously. In addition, AMD's APU design permits PCs to transition to lower power idle/sleep/off states for longer periods of time.
Multi-core AMD Opteron processors for servers incorporate power management features, including enhanced AMD Virtualization technology that helps cloud data center operators perform server consolidation, increase utilization rates, and reduce overall power and cooling requirements. AMD also recently introduced the SeaMicro SM15000 server, the most recent computing innovation from its Data Center Server Solutions group that cements its position as the technology leader in the micro server category. Micro servers deliver massive efficiencies in power, space and bandwidth. The SeaMicro SM10000-XE server is the highest-density, most energy-efficient system available, using half the power, one-third the space and delivering up to 12 times the bandwidth of today's best-in-class server. With the SeaMicro SM10000-XE server, the innovative trajectory broadens the benefits of the micro server to storage, helping to solve the most pressing needs of the data center.
"We are passionately committed to developing servers that takes less space and consume less power," said Andrew Feldman, general manager of the Data Center Server Solutions group, AMD. "Our technology brings the economic benefits of efficiency -- namely reduced total cost of ownership -- together with the social benefit of doing the right thing for the environment. And when you can do both, it is an easy decision."
Improving AMD's Performance
The DJSI family of indexes tracks the stock performance of the world's leading companies in terms of economic, environmental and social criteria. More than 2,500 of the largest companies across 58 industry sectors are assessed, and only companies that fulfill certain sustainability criteria better than the majority of their peers are included on their indexes. AMD has been a constituent of the DJSI family each year since their inception. This year AMD achieved a 16% increase in its overall score, with improvements across all three sustainability categories.
The FTSE4Good equity index series selects companies that have met stringent social and environmental criteria, and are positioned to capitalize on the benefits of responsible business practices. AMD was added to the FTSE4Good Index in 2012.
AMD is also included on three MSCI Inc. (formerly Morgan Stanley Capital International) socially responsible investment (SRI) indexes: The KLD 400 index; The World ESG; and The World SRI. In addition, AMD was selected by Triodos Bank in 2012, ranking third of 24 companies in the sector for investing based on sustainability performance. Another SRI analyst firm, Oekom, rated AMD as "Prime Status." The Oekom analysis resulted in AMD being one of only two semiconductor companies listed on the Global Challenges Index -- an investment index focused on the top global sustainability challenges of this millennium.
Sustainability Commitment
For more information about AMD's commitment to being a responsible corporate citizen, visit this page. A summary of the company's corporate responsibility report can be downloaded from here.
"AMD is proud to be ranked among the world's leading sustainable businesses and to have our commitment to ethical business practices recognized by these influential investment indexes," said Tim Mohin, director, Corporate Responsibility at AMD. "This recognition is a testament to AMD's overall commitment to delivering products that enable our customers to address today's critical technology challenges while operating ethically and sustainably."
AMD technology powers computers and servers that enable a better world -- from helping scientists advance healthcare and climate-change research to optimizing clean energy and allowing cloud computing data centers to be more energy efficient. AMD's Accelerated Processor Units (APUs) include power-saving features like AMD AllDay Power designed to extend notebook battery life. APUs also enable developers to take advantage of the parallel processing power available in graphic processing units, which help applications run faster and simultaneously. In addition, AMD's APU design permits PCs to transition to lower power idle/sleep/off states for longer periods of time.
Multi-core AMD Opteron processors for servers incorporate power management features, including enhanced AMD Virtualization technology that helps cloud data center operators perform server consolidation, increase utilization rates, and reduce overall power and cooling requirements. AMD also recently introduced the SeaMicro SM15000 server, the most recent computing innovation from its Data Center Server Solutions group that cements its position as the technology leader in the micro server category. Micro servers deliver massive efficiencies in power, space and bandwidth. The SeaMicro SM10000-XE server is the highest-density, most energy-efficient system available, using half the power, one-third the space and delivering up to 12 times the bandwidth of today's best-in-class server. With the SeaMicro SM10000-XE server, the innovative trajectory broadens the benefits of the micro server to storage, helping to solve the most pressing needs of the data center.
"We are passionately committed to developing servers that takes less space and consume less power," said Andrew Feldman, general manager of the Data Center Server Solutions group, AMD. "Our technology brings the economic benefits of efficiency -- namely reduced total cost of ownership -- together with the social benefit of doing the right thing for the environment. And when you can do both, it is an easy decision."
Improving AMD's Performance
The DJSI family of indexes tracks the stock performance of the world's leading companies in terms of economic, environmental and social criteria. More than 2,500 of the largest companies across 58 industry sectors are assessed, and only companies that fulfill certain sustainability criteria better than the majority of their peers are included on their indexes. AMD has been a constituent of the DJSI family each year since their inception. This year AMD achieved a 16% increase in its overall score, with improvements across all three sustainability categories.
The FTSE4Good equity index series selects companies that have met stringent social and environmental criteria, and are positioned to capitalize on the benefits of responsible business practices. AMD was added to the FTSE4Good Index in 2012.
AMD is also included on three MSCI Inc. (formerly Morgan Stanley Capital International) socially responsible investment (SRI) indexes: The KLD 400 index; The World ESG; and The World SRI. In addition, AMD was selected by Triodos Bank in 2012, ranking third of 24 companies in the sector for investing based on sustainability performance. Another SRI analyst firm, Oekom, rated AMD as "Prime Status." The Oekom analysis resulted in AMD being one of only two semiconductor companies listed on the Global Challenges Index -- an investment index focused on the top global sustainability challenges of this millennium.
Sustainability Commitment
For more information about AMD's commitment to being a responsible corporate citizen, visit this page. A summary of the company's corporate responsibility report can be downloaded from here.
55 Comments on AMD Recognized for Exemplary Corporate Responsibility with Listings on the Dow Jones
- Raise the worth of the company and stocks
- make it more attractive for someone to buy
- Both
Piledriver(Vishera) may put AMD back on the map if the performance is what it looks like.so opening up your subsiduary fabs up to open investement and outside workflow yet retaining manufactureing options with them is also not good business practice, some see these things differently clearly:)
It sounds less like good business practice than a form of mental retardation...especially when a chunk of that IP was sold for relative peanuts to a company who seem to be making good use of it...IP that AMD are wishing they hadn't let go.
Of course, if overpaying for IP and selling the same IP for a fraction of it's worthis business excellence, it kind of makes you wonder why Hector Ruiz and Dirk Meyer got axed. The fabs that AMD paid for Globalfoundries to take off their hands?
Let me guess, AMD went from a relatively healthy business in 2006 to a basket case in 2012 because of their astute business sense?...
Thanks for the laughs. You, Themailman and xzibitroll should take your show on the road
Dirk Meyer: Relaxed research & development and product roadmaps.
Hector Ruiz should have given up his CEO position to let Jen-Hsun Huang take over when they were planning to acquire Nvidia.
Dirk Meyer should have released Bulldozer and Bobcat when the development of the two architectures ended in 2007.
Somehow I'm not altogether sure Hector and Dirk's antic's bolster the opinion that Sunnyvale is a centre for business management excellence. I think a privet reality would be:
Freudian slip? Don't care tbh. I pointed out the fact that the DJSI is largely determined by company provided information including internal bias. Do I care that AMD have been on the DJSI for eight years- no I do not. Would I trade eight years worth of meaningless awards for a stronger company providing competition in every sector they compete in- yes. In a heartbeat.
So, I'll leave the apologists to indulge in a group circle jerk over some pointless accolade.
Personally, I'd like the BoD to show some accountability for turning AMD from an A-list company into also-ran...but since in the eyes of some, all their financial missteps are in fact a cunning grand strategy, and of course the stated willingness to buy any AMD product regardless of its quality, there probably isn't much need for the BoD to change anything.