Advanced Micro Devices (AMD) is a semiconductor company founded in 1969. Its microprocessors are used in computers and for cloud-based graphics. Sony is a major client, using AMD’s chips in its game console. AMD is fabless, meaning that while it designs and sells semiconductors, it outsources manufacturing. It has operations around the world, including research and development (R&D) facilities, international sales offices and joint ventures with assembly and test facilities in Malaysia and China.
AMD supports start-ups through its venture capital fund AMD Ventures. To support COVID-19 research, it provided high-performance computing systems to several universities. Along with its emissions data, AMD also discloses the number of women in tech related roles in the company.
AMD could contribute to enabling universal and affordable access to digital technologies for vulnerable groups. The company should report on the number of employees with disabilities and the steps it has taken to create an inclusive workplace for them. It should also disclose how the economic value it generates is distributed among stakeholders.
AMD has an opportunity to elaborate on how cybersecurity is managed by the company and whether it has internationally certified information security management. As a digital company, AMD should also make a high-level commitment to online safety for children.
AMD commits to respect human rights and the ILO core labour rights, and has a publicly available statement of policy that expects its business relationships to commit to respecting the ILO core labour rights. It also has a grievance mechanism accessible to all stakeholders to raise human rights concerns and complaints. The company identifies human rights risks in its supply chain and focuses systematically on the prevention, mitigation and remediation of human rights violations; however, it does not disclose how it assesses the saliency of different human rights risks in its supply chain. Furthermore, for its own operations, AMD does not disclose a process to identify or assess its salient human rights risks.
AMD publicly commits to respecting the health and safety of workers, and places health and safety expectations on its business relationships and monitors their performance. However, while the company discloses the proportion of its workforce covered by collective bargaining agreements, it does not provide information on its commitment to living wages and working hours. In relation to workforce diversity, the company provides a breakdown of employees in different employee categories on four indicators of diversity, and publicly commits to gender equality and women’s empowerment.
AMD has a UK specific tax strategy which is overseen by the board; however, it does not have a global tax strategy which is overseen by an executive or board-level individual or group. In addition, the company lacks relevant disclosure in relation to lobbying and political engagement. For example, the company does not state that it does not make political contributions and does not disclose its lobbying expenditures for its global operations. However, AMD does have a policy prohibiting bribery and corruption, includes anti-bribery and anti-corruption clauses in contracts with its business relationships and has a grievance mechanism for stakeholders to raise concerns and complaints on the topic.