Tuesday, October 07 - 2008

Intel tops corporate citizen list

One of the most influential magazines, Corporate Responsibility Officer (CRO), announced today that Intel Corporation took the leading spot in this year's '100 Best Corporate Citizens' list.

  • United Arab Emirates: Monday, February 25 - 2008 at 14:52
  • PRESS RELEASE



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The list has gained national recognition as an indicator of best practices in the area of Social Corporate Responsibility (CSR).

'In 2007, Intel received more than 50 corporate social responsibility recognitions world-wide. Under the Intel World Ahead Program in the Middle East, we are committed to invest in the young Arab capacities and to further enhance their entrepreneurial skills. We want to help in developing a more competitive IT workforce capable of driving innovation and economic growth in the region,' stated Samir Al Schamma, Intel general manager GCC.

The '100 Best Corporate Citizens' list identifies companies that best combine business objectives with responsible practices across eight categories: environment, climate change, human rights, employee relations, corporate governance, lobbying, philanthropy and financial performance.

Rankings are based on research and analysis by IW Financial, and the companies are drawn predominantly from the Russell 1000 Index. Intel has been in the top 20 on the list since its inception 9 years ago.

In the Middle East, Intel is focused on driving awareness for Arab talent and endorsing youth potential by joining a growing movement of multinational and Pan-Arab organizations investing in the young entrepreneurs of the future. Together with Arab Science & Technology Foundation's (ASTF) who Intel linked up with to conduct the annual Arab Technology Business Plan Competition, they seek to increase Arab investment in technology and promote entrepreneurship in the Arab world.

'At Intel, we define success not only by our business performance, but how we transform the world in which we live and work,' added Al Schamma. 'We invest a great deal of effort and resources toward corporate responsibility and have high expectations for ethical conduct in all parts of our business. This recognition is a testament to the ongoing work and commitment of our employees worldwide.'

Intel's approach to global citizenship includes an annual $100 million commitment to improving education around the world and a long-term commitment to sustainability in its operations and in its products.

In the past year Intel produced 45-nanometer chips that deliver industry-leading energy-efficient performance and come from the most advanced manufacturing process incorporating environment-conscious lead- and halogen-free design. Additionally, the company recently topped EPA's Green Power Partner List by becoming the largest purchaser of renewable energy credits in the United States.

CRO is the only membership media platform for corporate responsibility practitioners. CRO publishes 'CRO' Magazine, TheCRO.com, bi-weekly e-newsletters, webinars and produces the four-time-annual CRO Conferences. More details regarding the 100 Best Corporate Citizens list are available at www.TheCRO.com.




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About Intel
Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live.
Eman Hassan Posted by Eman Hassan
Monday, February 25 - 2008 at 14:52 UAE local time (GMT+4)

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This Article was updated on Tuesday, February 26 - 2008


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