Company Profiles

Intel

United States

Intel, the world's largest semiconductor chip maker, sees a direct relationship between its competitiveness and the energy efficiency of its products. The company's CEO Paul Otellini states that energy efficiency is a key focus of the company's research and product development efforts. Intel has a strong track record in this area, including the development of its Instantly Available PC (IAPC) technology, allowing PCs to run more efficiently while reducing their energy use up to 71%. According to the U.S. Environmental Protection Agency, IAPC technology will prevent 159 million tons of carbon dioxide emissions between 2002 and 2010. Intel's environmental policy acknowledges the need for sustainable products and manufacturing processes, and is well supported by the company's detailed Corporate Responsibility report. Intel's resource reduction activities have been deployed within the company's offices, facilities, and factories, and include closed-loop recycling processes, promotion of renewable energy, heat recovery, and water efficiency projects. Since 2001, Intel has invested over $23 million in more than 250 energy conservation projects, saving in excess of 500 million kWh. Although the company appears to utilize life cycle analyses (LCA), Portfolio 21 encourages Intel to provide specific examples of how it applies LCA to its product development process and operations.

To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 9/30/09 and may not reflect current opinions or subsequent events.