AMD now "Socially Responsible" On Down Jones Index
Posted: Wed Nov 16, 2005 11:36 pm
AMD ADDED TO DOW JONES INDEXES THAT TRACK PERFORMANCE OF SOCIALLY RESPONSIBLE COMPANIES
-Indexes focus on corporate governance, labor practices and social, economic and environmental policies as key to gauging value-
-Indexes focus on corporate governance, labor practices and social, economic and environmental policies as key to gauging value-
SUNNYVALE, CA - November 16, 2005 - AMD (NYSE: AMD) today announced it
has been added to the recently launched Dow Jones Sustainability North
America Index (DJSI North American) and the Dow Jones Sustainability
United States Index (DJSI United States). These indexes track
best-in-class companies in the U.S. and throughout North America based
on social, economic, and environmental criteria, such as corporate
governance, climate change, eco-efficiency, and labor practices.
The DJSI North American and DJSI United States indexes are part of the
Dow Jones Sustainability Index family and provide solid benchmarks for
sustainability-driven North American and U.S. equity portfolios.
Corporate sustainability is the ability to create long-term shareholder
value by managing environmental, social, and economic risks and
opportunities. The DJSI North America index includes the top 20% in
terms of sustainability in each sector out of the largest 600 North
American companies. The DJSI United States is a subset of the DJSI
North America.
"AMD's inclusion in these indexes underscores our commitment to
operating with integrity, responsibility and the utmost respect for
people and the environment," said Tom McCoy, Chief Administrative
Officer for AMD. "AMD was founded on the principle of 'people first,
products and profits will follow.' Our focus on customer needs has
resulted in the development of products and partnerships that help
address global social issues, such as the technology gap in the
developing world."
AMD has been a member of the Dow Jones Sustainability World Index (DJSI
World) since 2002. The DJSI World is a global sustainability benchmark
initially launched in 1999 that comprises the top 10% of the leading
sustainability companies, out of the largest 2,500 companies in the Dow
Jones World Index.
AMD's annual corporate responsibility report presents the company's
environmental, social, and economic initiatives and efforts that support
sustainability. The 2004 Corporate Responsibility Report is available
at: http://www.amd.com/us-en/Corporate/Abou ... 99,00.html.
About AMD
AMD (NYSE:AMD) designs and produces innovative microprocessors, Flash
memory devices and low-power processor solutions for the computer,
communications and consumer electronics industries. AMD is dedicated to
helping its customers deliver standards-based, customer-focused
solutions for technology users, ranging from enterprises and governments
to individual consumers. For more information, visit http://www.amd.com
About Dow Jones Sustainability Indexes
The Dow Jones Sustainability Indexes are a cooperation of Dow Jones
Indexes, STOXX Limited and SAM Group. By bringing together the expertise
of two leading index providers and the world-renowned pioneer in
sustainability investing, the DJSI family rests on a strong foundation
to meet the growing market demand for professional, objective and
reliable sustainability benchmarks.
SAM Indexes GmbH is the operating company for the Dow Jones
Sustainability Indexes (DJSI). The managing director of SAM Indexes GmbH
takes responsibility for the operation of the company. The DJSI World
Index Design Committee and the DJSI STOXX Index Design Committee are
responsible for all decisions affecting the indexes, including changes
to the composition and methodology. For more information, visit
http://www.sustainability-indexes.com/