Micron Foundation to Contribute $10 Million to Support Global Programs for Women and Underrepresented Groups
BOISE, Idaho, Nov. 28, 2018 (GLOBE NEWSWIRE) -- Micron Technology, Inc., (NASDAQ: MU) today announced that it has published its first annual Diversity & Inclusion Report, demonstrating the company’s commitment to building a diverse workforce and inclusive culture reflective of the communities and customers it serves. In addition to the report which benchmarks Micron’s diversity efforts, the Micron Foundation revealed that it is contributing $10 million to fund global programs and activities that support women and other underrepresented groups.
The Micron Diversity & Inclusion FY18 Annual Report provides a baseline for tracking the company’s progress, examining a variety of factors including gender, ethnicity, job roles, flexibility, philanthropy and compensation. While Micron demonstrated progress in areas such as global gender pay parity and in increasing diversity in markets like Singapore, where 30 percent of engineers are women, the findings surfaced some key areas for ongoing focus.
“We recognize that embedding diversity and inclusion into all aspects of the organization will require continued focus and tenacity,” said Micron Technology Global Head of Diversity and Inclusion Karen Metz. “This inaugural Micron report sets the foundation for driving and measuring meaningful change as we accelerate our efforts to build a global workforce that reflects the world that we live in, and the diversity of thought we need to drive innovation and competitive advantage.”
The Micron Foundation’s $10 million commitment includes recent donations to the Advancing Curiosity Fund, Diversity and Opportunity Fund for Virginia Institutions of Higher Education and support for STEM camps for girls in both Japan and Taiwan. In addition to these newly established funds, the Micron Foundation will expand its efforts to identify programs that support underrepresented groups at higher education institutions globally.
About the Micron Foundation
Established in 1999 as a private, nonprofit organization with a gift from Micron Technology, the Micron Foundation has contributed over $100 million to communities where our team members live and work through philanthropy and people. The Foundation and Micron's corporate giving are encompassed by its Micron Gives organization whose grants, programs and volunteers focus on promoting science and engineering education and addressing basic human needs.
About Micron Technology, Inc.
We are an industry leader in innovative memory and storage solutions. Through our global brands — Micron®, Crucial® and Ballistix® — our broad portfolio of high-performance memory and storage technologies, including DRAM, NAND, NOR Flash and 3D XPoint™ memory, is transforming how the world uses information to enrich life. Backed by 40 years of technology leadership, our memory and storage solutions enable disruptive trends, including artificial intelligence, machine learning, and autonomous vehicles, in key market segments like cloud, data center, networking, mobile and automotive. Our common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit www.micron.com
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