Intel is allocating $425 million from its green bond proceeds to five projects including △pollution prevention and control △water resource protection △energy efficiency △renewable energy △circular economy and waste management, making a full-scale push into sustainable operations.


Intel announced on the 4th that it has allocated $425 million, approximately 34% of its first green bond issuance of $1.25 billion.

According to Intel's first green bond impact report, the funds have been allocated to five projects—pollution prevention and control, water resource protection, energy efficiency, renewable energy, and circular economy and waste management—to strengthen investment in Intel's sustainable operations.

David Zinsner, Intel Chief Financial Officer (CFO), stated, "Intel's inaugural green bond is an important way to advance our corporate social responsibility efforts. Through these investments, Intel has achieved significant progress in reducing greenhouse gas emissions and water consumption, realizing energy conservation, and making major strides in waste management." He added, "Intel, which has long played a leading role in sustainable computing, is providing value to customers, communities, employees, and shareholders while minimizing our impact on the planet. While supporting the global semiconductor supply chain, we will continue to explore innovative ways to conduct responsible business."

Intel's green bond is invested in projects that meet eligibility criteria defined to achieve the company's sustainability goals. For example, Intel allocated a portion of green bond proceeds to support water regeneration facilities, through which water is treated and reused within the facility system and water is conserved in manufacturing processes. The proceeds have also been allocated to limit greenhouse gas (GHG) emissions through investments in point-of-use reduction systems. These projects contributed to Intel achieving a reduction of 53 million metric tons of greenhouse gas emissions, conservation of 4.5 billion gallons (approximately 17 billion liters) of water, and waste reduction equivalent to 56 million tons in 2021 and 2022, and are expected to continue to have sustained impact.

These investments support Intel's long-term sustainability commitment. Intel targets 100% renewable energy use globally by 2030, achieving "Net-Positive Water" where more water is replenished than consumed, zero waste to landfill, net-zero greenhouse gas emissions by 2040, and upstream net-zero greenhouse gas emissions by 2050. As of the end of 2022, Intel has achieved 93% renewable energy use globally, achieved Net-Positive Water in the United States and India, and only 6.4% of waste was sent to landfills.

Intel plans to issue an updated green bond report in 2024 to provide details regarding sustainability investments.