Secretary of State Hillary Rodham Clinton presented Intel (NASDAQ:INTC) yesterday with the 2012 Award for Corporate Excellence for its work in Vietnam.
In a press release, the State Department cited the tech company's solar power use and education exchange programs as reasons for its award. Clinton also took note of Intel's focus on women's empowerment and wastewater recycling.
Established in 1999, the State Department's award highlights the important role American companies play internationally as good corporate citizens. "In today's global economy, corporations of all sizes have more influence than ever on global affairs, especially on growth in developing and emerging economies," Clinton said at a ceremony honoring Intel.
Past recipients of the award include Procter & Gamble (NYSE:PG) in Nigeria and Pakistan, Cisco Systems (NASDAQ:CSCO) in Jordan and Israel, Goldman Sachs (NYSE:GS) in Chile, and General Electric (NYSE:GE) in Indonesia.