June 2006 - Advanced Micro Devices (AMD) landed the No. 3 spot on Business Ethics Magazine's annual survey of the "100 Best Corporate Citizens." The magazine develops its numerical ratings based on a statistical analysis of eight measures of service: stockholders, community, governance, diversity, employees, environment, human rights, and product.
AMD scored high for its environmental efforts, with the magazine noting that the company appears on the U.S. Environmental Protection Agency's national list of the "Top 25" green power purchasers. The magazine mentions that three other companies among the 100 Best Corporate Citizens also made the EPA's list: Johnson & Johnson (No. 12), Starbucks (No. 17), and Whole Foods Market (No. 47).
News Release - Business Ethics Magazine Lists "100 Best Corporate Citizens" for 2006
News Article - Austin Company High on Ethics List
Additional Information - 100 Best Corporate Citizens for 2006
October 2005 - AMD, a leading supplier of computer microprocessors and memory, announced that it has committed to purchase renewable energy to meet 100% of the electricity needs of its Austin operations for the next 10 years, including its new Austin Campus, which is expected to be operational in 2007. AMD was one of the first companies in Austin to purchase green power through Austin Energy's GreenChoice program and has expanded its purchases over time. Currently, AMD purchases more than 52 million kWh of green power annually from Austin Energy, making it the 12th largest purchaser in the U.S. Environmental Protection Agency's Green Power Partnership program.
The company's green power purchases have helped reduce overall corporate energy costs because the green power is purchased at a fixed rate over the life of the contract. Globally, AMD has committed to reduce its energy use by 30%, water use by 40%, and greenhouse gas emissions by 40% by the end of 2007, relative to 2002 performance levels.
News Release - AMD To Use 100 Percent Renewable Energy In Austin
News Article - AMD turns greener
News Article - Computer-chip maker becomes Texas' largest user of renewable energy
News Article - AMD to power all its Austin operations with renewable sources
March 2002 - Advanced Micro Devices (AMD), a leading supplier of personal computer processors and memory, has doubled its purchase of renewable energy from Austin Energy's GreenChoice program, making it the largest green power subscriber in the program and among the largest in the nation. AMD is now purchasing 24 million kWh of renewable energy annually or enough to power 2,000 average Austin homes year-round.
A key feature of the Austin program is that the green rate is fixed for 10 years, which is the duration of the utility's green power supply contracts, providing subscribers with a hedge against increases in the price of natural gas and other generation fuels. Austin Energy has power purchase contracts for the output of 59 wind turbines in West Texas and four landfill methane projects under development in Texas. More than 6,600 residential customers, 125 small business and 30 large companies currently participate in the program.
News Release - AMD Becomes Largest Subscriber Of Green Power From Austin Energy
Fact Sheet - AMD Austin, Texas: An Industry Leader in EPA's Green Power Partnership (PDF 276 KB) Download Acrobat Reader
Austin Energy Contact: Carol Harwell (512) 322-6562