Intel Allocates $425 Million of Green Bond Proceeds

Intel has allocated $425 million, or approximately 34%, of its inaugural $1.25 billion green bond proceeds. As highlighted in its first green bond impact report, the proceeds, which support Intel’s investments in sustainable operations, have been allocated across five project categories: pollution prevention and control, water stewardship, energy efficiency, renewable energy, and circular economy and waste management. “Intel’s first-ever green bond is an important way to advance our corporate responsibility efforts. Through these investments, we have made significant progress in reducing greenhouse gas emissions, conserving energy, reducing water use and managing our waste…

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Intel Achieves Net Positive Water in 3 Countries

Chip giant Intel have achieved net positive water use in 3 countries – they put he following om their website here: Intel’s operations in the United States, Costa Rica and India are officially net positive on water use. In those countries, Intel restores and returns more freshwater than it takes in. That may sound like creative accounting or a magic trick, but dig deeper and you’ll find Intel’s long-running commitment to conserve water and minimize its impact on the planet – one that goes beyond the bounds of Intel’s campuses…

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Intel targets net-zero emissions by 2040

Intel Corporation has announced plans to further reduce its direct and indirect greenhouse gas emissions and develop more sustainable technology solutions. The company pledged to achieve net-zero greenhouse gas emissions in its global operations by 2040, to increase the energy efficiency and lower the carbon footprint of Intel products and platforms with specific goals, and to work with customers and industry partners to create solutions that lower the greenhouse gas footprint of the entire technology ecosystem. “The impact of climate change is an urgent global threat. Protecting our planet demands…

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Alliance Develops Shared Diversity and Inclusion Goals

Intel, Snap Inc., Nasdaq, Dell Technologies and NTT DATA announced a new industry coalition , Alliance for Global Inclusion, and have developed shared diversity and inclusion metrics. These metrics are based on a global survey launched by Intel in 2020 to determine the status of diversity and inclusion progress at 13 major companies. The survey data is available on a new website and forms the coalition’s inclusion index. The index serves as a benchmark to track diversity and inclusion improvements, shares current best practices and highlights opportunities to improve outcomes…

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Intel Pledges $5M to Develop HBCU Tech Law and Policy Center

As part of its commitment to build a more equitable world, Intel will donate $5 million over the next five years to North Carolina Central University (NCCU), a historically Black college and university (HBCU), to create a new tech law and policy center. Steven R. Rodgers, Intel’s general counsel, will join the law school’s board of visitors to help direct additional resources and support for the law school. Allon Stabinsky, Intel’s senior vice president and chief deputy general counsel, and Rhonda Foxx, Intel’s leader of social equity policies and engagements,…

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