Intel Corporation
Company Double Materiality Analysis
This one-page analysis examines a company’s products, services and operational practices and whether they positively contribute or detract from sustainability goals. Our analysis relies on quantitative indicators, leading industry frameworks and covers topics most relevant to the company’s industry.
Intel Corporation
Ticker: INTC US
ISIN: US4581401001
Market Cap: US$154.5 billion
GICS Sector: Information Technology
SICS Industry: Semiconductors
Country: United States
SMS theme: Productivity with Purpose
SMS sub-theme: Tech Infrastructure
Contribution to theme: Positive
Company Description
Intel designs and manufactures computer products and technologies. The company operates in six segments: client computing, datacenter and AI, Network and Edge, accelerated computing systems and graphics, semiconductor foundry services and Mobileye (assisted and autonomous driving).
Revenue exposure by country/region: China (26%), United States (26%), Singapore (15%) and Taiwan (13%).
Contribution to the sub-theme objectives:
As a producer of a variety of types of semiconductors, Intel’s products are indispensable to the technologies serving our day to day lives, and technologies of the future. Manufacturing these products in accordance with best sustainability practices positions Intel as a provider of choice. The company also touches on the theme of resilient supply chains, as they look to expand manufacturing capabilities in U.S. over the coming years.
Operational Performance
(Laggard, Aligned or Leader)
Material Topics for Semiconductors: Greenhouse Gas Emissions, Energy Management, Water & Wastewater Management, Waste & Hazardous Materials Management, Employee Health & Safety, Employee Engagement, Diversity & Inclusion, Product Design & Lifecycle Management, Materials Sourcing & Efficiency, Competitive Behavior.
Assessment: Leader
Target of achieving net positive water, 100% renewable electricity use and zero waste to landfill by 2030.
Emissions decreased 4% in 2022 relative to the 2019 baseline. Goal is a 10% reduction by 2030 and net zero by 2040.
Intel abides by Dodd Frank regulations for conflict minerals and OECD guidelines for minerals from Conflict-Affected and High-risk areas, in addition to pushing for the creation of standards for a wider set of minerals.
Company-wise certification in ISO 14001 and 45001 for environment and health and safety management systems
Achieved gender pay equity globally and race/ethnicity pay equity in the U.S. Since 2019, Intel voluntarily release gender and racial pay data, affirming their commitment to diversity and transparency.
Controversies: Few controversies outside of lawsuits concerning IP, which is common in the industry.
Product/Service Impact
(Negative, Neutral or Positive)
Assessment: Neutral
The Intel RISE Technology Initiative (IRTI) leverages Intel technology for projects in six impactful focus areas: accessibility, economic recovery, education, sustainability and climate, health and life sciences, social equality and human rights.
Intel Resale Corp. resells, recycles and upcycles technology equipment, electronic waste and precious metals. Committed to advancing products’ energy efficiency; have objective to increase energy efficiency of client and server chips tenfold by 2030.
Listed in Carbon Clean 200 - largest 200 public companies ranked by clean revenue (Corporate Knights and As You Sow).
SDG Alignment:
A downloadable version of the Double Materiality Analysis of Intel Corp. is available in the pdf attached.
