Applied Materials is committed to being a responsible corporate citizen in communities where we do business. By donating our time, energy and resources where we can have the greatest impact, we are collectively acting upon our belief that making a positive social contribution defines not only who we are, but what we do.
Included below are this quarter’s highlights of our activities in the community, demonstrating our dedication to corporate social responsibility. For previous reports, visit our archive.
Applied Named Among 100 Best Corporate Citizens
Applied Materials was once again recognized by Business Ethics magazine for its high standards of business ethics and best practices in corporate social responsibility.
The publication noted that the Company has successfully served its stakeholders in numerous categories including community, diversity, employees, environment, human rights and customers. This year companies also were judged in the category of responsive governance, which includes corporate integrity.
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CEO Inducted into Business Hall of Fame; Joins Leadership Group
Mike Splinter, Applied Materials president and CEO, was inducted into the Junior Achievement Business Hall of Fame in April. Mike Splinter and four others were recognized for being visionary leaders whose significant contributions to business and the community have played a special role in making Silicon Valley a great place to live and do business.
Since 1987, Junior Achievement—a nonprofit organization educating and inspiring young people to value free enterprise, business and economics to improve the quality of their live—has honored business leaders for paving the way for a vibrant business environment. Each year a selection committee consisting of deans from area business schools, individuals from the media and successful business leaders in Silicon Valley, nominate five people to become inductees based on their skills as business leaders and their involvement in the community.
Splinter joins previous laureates including Applied Materials Chairman Jim Morgan, Craig Barrett, chairman of the Board of Intel, and William Hewlett and David Packard, founders of Hewlett-Packard.
Splinter also has joined the Board of the Silicon Valley Leadership Group, a group of principal officers of Valley companies working in a cooperative effort with local, regional, state and federal government officials to address major public policy issues affecting the health and quality of life in Silicon Valley. Currently, the Silicon Valley Leadership Group focuses on five core issues: comprehensive transportation, reliable energy, quality education, a sustainable environment and affordable housing.
In particular, through Splinter’s leadership, Applied Materials has demonstrated an ongoing commitment to the Silicon Valley housing effort. The Company to date has invested $1.4 million, making it the largest corporate donor to The Housing Trust of Santa Clara County—an organization formed in 1999 and endorsed by the Silicon Valley Leadership Group.
Through its loan programs and grants, The Housing Trust has helped almost 1,000 families buy their first homes; enabled the development of hundreds of units of affordable rental housing worth over $194 million; and helped create hundreds of units of shelter and special-needs housing in our community, making it possible for over 2,800 people like teachers, police officers, firefighters, nurses and civic employees to live in the communities they serve.
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Education Initiative in Austin Honored
Austin Partners in Education—a nonprofit organization that works to create and foster effective community-school partnerships to enrich student learning and success in Austin schools—recognized Applied Materials on May 4 with the Partner of the Year award for its contributions to education in the Austin Independent School District.
The award reflects Applied Materials’ refocused philanthropic strategy to support the entire educational pathway from early childhood education to college in targeted high-need communities. Applied Materials has further leveraged its financial investments with employee volunteerism.
In addition to giving grants that benefit the entire district, the Company chose three schools to support through grants, in-kind donations and volunteerism. Applied Materials supports programs that strengthen science and math skills, promote early literacy, advance teacher development and encourage parental involvement. Examples include Reading is Fundamental at Pecan Springs Elementary School, Junior Achievement at LBJ High School and Breakthrough, an education nonprofit that encourages and academically prepares kids go to college and was introduced to the Austin community by Applied Materials at Pearce Middle School.
Last year Applied Materials received a similar regional honor when the inaugural “Education Partner of the Year Award” was presented to the Company at the Bay Area Corporate Philanthropy Summit and Awards Program sponsored by the San Francisco Business Times.
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Company Launches Employee Volunteer Recognition Program
To recognize employees who volunteer their personal time in local communities across North America, Applied Materials recently launched a Volunteer Time Grant Program.
Employees can track the hours they spend volunteering with nonprofit organizations and schools through an online tool. The tool will allow employees to request grants from The Applied Materials Foundation for the organizations they support as volunteers and will facilitate the Company's recognition of employee volunteerism. Each year, employees who donate at least 20 hours of time and talent to one eligible nonprofit organization or K-12 school can request a $250 grant for the charity.
In addition to the grant program, volunteer recognition events are being planned to acknowledge Applied Materials employees who help make a positive social contribution in their communities.
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