INTEL CORPORATION | Report on Intel�s Human Rights Due Diligence Process at INTEL CORPORATION

Status
Filed
Previous AGM date
Proposal number
7
Resolution details
Company ticker
TTTT
Lead filer
Resolution ask
Report on or disclose
ESG theme
  • Social
ESG sub-theme
  • Conflict and/or violence
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Technology
Company HQ country
United States
Resolved clause
THEREFORE BE IT RESOLVED: Shareholders request that the Board of Directors oversee an independent review and publish a report, at reasonable cost and excluding proprietary information, evaluating the effectiveness of Intel Corporation�s human rights due diligence (HRDD) processes in Conflict-Affected and High-Risk Areas (CAHRAs), including but not limited to Israel and the Occupied Palestinian Territory (OPT), China (Xinjiang), and the Democratic Republic of Congo (DRC). The report should address: ? Whether Intel�s current HRDD systems identify, prevent, and mitigate actual or potential adverse human rights impacts; ? Gaps between policy and implementation; ? Integration of HRDD findings into supplier selection, contract terms, product deployment, and risk management; ? Board-level oversight mechanisms; ? Actions taken when severe risk is identified, including service modification, suspension, or contract termination.
Whereas clause
WHEREAS: Intel Corporation operates a complex global supply chain spanning multiple Conflict-Affected and High-Risk Areas (CAHRAs), including the Democratic Republic of Congo (DRC), China (Xinjiang), Israel and the Occupied Palestinian Territory (OPT); WHEREAS: Intel has publicly committed to responsible sourcing and human rights principles, including through its Code of Conduct and Global Human Rights Principles and Approach as well as through its participation as a co-founder and active member of the Responsible Business Alliance (RBA); WHEREAS: The United Nations Guiding Principles on Business and Human Rights (UNGPs) establish that companies have a responsibility to respect human rights, conduct human rights due diligence, and remedy adverse impacts, regardless of whether host governments fulfill their own human rights obligations; WHEREAS: The Organisation for Economic Co-operation and Development (OECD) Guidelines for Multinational Enterprises recommend enhanced due diligence for operations in conflict-affected areas, including ongoing risk assessment, clear disengagement strategies, and meaningful stakeholder engagement; WHEREAS: Inadequate human rights due diligence in CAHRAs exposes Intel to material financial, legal, reputational, and operational risks, including potential supply chain disruptions, regulatory sanctions, investor divestment, consumer boycotts, and litigation; WHEREAS: Shareholders lack sufficient information to assess whether Intel's current human rights due diligence processes are adequate to identify, prevent, and mitigate severe risks in CAHRAs, or whether Board oversight of these processes is robust; WHEREAS: An independent third-party review of human rights due diligence systems provides critical transparency, strengthens investor confidence, and helps protect long-term shareholder value;

DISCLAIMER: By including a shareholder resolution or management proposal in this database, neither the PRI nor the sponsor of the resolution or proposal is seeking authority to act as proxy for any shareholder; shareholders should vote their proxies in accordance with their own policies and requirements.

Any voting recommendations set forth in the descriptions of the resolutions and management proposals included in this database are made by the sponsors of those resolutions and proposals, and do not represent the views of the PRI.

Information on the shareholder resolutions, management proposals and votes in this database have been obtained from sources that are believed to be reliable, but the PRI does not represent that it is accurate, complete, or up-to-date, including information relating to resolutions and management proposals, other signatories’ vote pre-declarations (including voting rationales), or the current status of a resolution or proposal. You should consult companies’ proxy statements for complete information on all matters to be voted on at a meeting.