Report highlights
HP Inc. (NYSE:HPQ) today released its 2017 Sustainable Impact
Report, documenting annual progress and outlining new efforts to
drive lasting improvements to the planet, people and communities
where the company operates. HP also announced a nearly 8% increase
in diversity hires* as well as continued increase of women in
senior positions. See the full report at
www.hp.com/sustainableimpact.
“At HP we’re reinventing for a better world. At the heart of our
reinvention is the need to create a business that can have a
lasting sustainable impact on the world,” said Dion Weisler,
President & Chief Executive Officer, HP Inc. “This is not just
the right thing to do, it fuels our innovation, our growth, and
creates a stronger and healthier company for the long term.”
HP’s 2017 Sustainable Impact Report shares specific details
surrounding its progress on goals announced last year as well as
key initiatives and updates across the company that impact Planet,
People and Community – ranging from advancing a more efficient,
circular and low-carbon economy, workforce skills and well-being,
and a sustainable 4th Industrial Revolution, to delivering more
inclusive, equitable, tech-enabled learning.
“Sustainable Impact translates to real business results while
driving positive change,” said Stuart Pann, Chief Supply Chain
Officer at HP. “It serves as a powerful differentiator with
customers, partners, analysts, and other stakeholders and we are
proud to drive meaning and progress across the company and in the
communities we serve.”
Highlights from this year’s report include:
Meeting goals to protect the planet
HP set ambitious GHG emissions reduction goals across its value
chain—operations, products and supply chain. In 2017, HP’s Scope 1,
2 and 3 goals were validated by the Science Based Targets
initiative (SBTi). Since 2015, the company has decreased its Scope
1 and Scope 2 GHG emissions from global operations by 35% compared
to 2015, exceeding its 2025 goal of a 25% reduction. The reductions
came through a combination of energy efficiency efforts, and
purchase of renewable energy and renewable energy certificates
(RECs) in the United States – in 2017, HP reached its goal to use
40% renewable electricity in its global operations. The company
also reduced the GHG emissions intensity of its product portfolio
by 33%, exceeding its goal of a 25% reduction by 2020 (from 2010)
and helped suppliers avoid 1.05 million tonnes of CO2e emissions
since 2010.
Driving progress toward a circular economy
HP’s commitment to transforming the business model for a more
materials-efficient, circular and low carbon-economy spans across
and beyond the value chain, from sourcing practices and operational
excellence, to how the company designs, manufactures, uses and
recovers leading products and solutions.
HP is working to extend the life of its hardware, and in 2017,
4.6 million units of hardware were repaired through the company’s
remanufacturing program. When products reach their end-of-service,
HP provides comprehensive repair, reuse and recycling programs.
Since the beginning of 2016, HP recycled more than 271,400 tonnes
of hardware and is committed to achieving a volume of 1.2 million
tonnes by 2025. HP deepened its commitment to transparency by
publicly disclosing the names and locations of its recycling
vendors in early 2017.
Core to HP’s innovation strategy is a groundbreaking closed-loop
recycling program, which pioneered the use of recycled plastic from
its ink cartridges to make new products. In 2017, the company
expanded closed-loop production to printers, with computers next in
line for the switch to closed-loop manufacturing.
HP’s partnerships are key to delivering on its commitment to
build a strong, circular economy:
- Last year, HP introduced the first Original HP ink cartridges
made with plastic bottles recycled in Haiti. Through March 2018, HP
sourced more than 170 tonnes of plastic (over 8.3 million plastic
bottles) from Haiti—plastic that might otherwise have washed into
waterways and oceans. Together with partners in the First Mile
Coalition, HP also provided 50 children with educational
opportunities as well as food and medical assistance, while
enabling greater local economic opportunity.
- HP partners with Los Angeles-based Homeboy Electronics
Recycling to recover material from end-of-service devices for
incorporation into its closed-loop materials stream. By employing
formerly incarcerated and otherwise hard-to-employ men and women
and training them to repair and recycle electronic equipment,
Homeboy is building a world in which our human and natural
resources are valued.
- Together with its partner Best Buy, HP recovered 3,200 tonnes
of recycled plastic from recycled electronics for use in its
printers through 2017.
HP is also focused on driving greater sustainability and
opportunity through the 4th Industrial Revolution by using 3D
printing technology to deliver on-demand, localized production. The
company demonstrated the potential impact by using HP Multi Jet
Fusion technology in the HP Latex printer to replace an aluminum
part with a redesigned 3D printed nylon part. The change decreased
weight of the part by 93%, reduced GHG emissions by 95%, and cut
costs by 50%.
Reinventing the standard for Diversity &
Inclusion
HP Inc. is one of the top tech companies with women and
underrepresented minorities in executive positions. Since the
Hewlett-Packard separation in 2015, HP has seen a 6.5% increase in
women in leadership – from 21.7% in 2015 to 28.2% in 2017. HP’s
executive leadership team is 21% underrepresented minorities,
representing seven different countries – putting HP in a strong
place to grow diversity in the company. In many global functions
including Legal, Finance, HR and Marketing, women represent more
than 52% of the employee base.
Through a variety of initiatives, including its Global Diversity
Advisory Board, strategic partnerships, scholarship endowments, and
employee volunteer efforts like the Hour of Code, HP has for years
invested in the growth of the STEM talent pipeline, working to
advance the cause of equal opportunity for women and
underrepresented groups. As part of its commitment to grow the
pipeline for hiring diverse talent, HP continues to support
programs and organizations like Black Girls Code, an organization
providing year-round workshops and summer coding camps, serving
over 500 girls in 13 U.S. cities. The camps and workshops are an
opportunity for girls from underrepresented communities to learn
about computer science and coding principles in the company of
other girls like themselves and with mentorship from female role
models to whom they can relate.
Enabling better learning outcomes for
millions
Education opens doors to transformative opportunity and improves
the lives of people and communities worldwide. HP made strong
progress toward its goal to enable better learning outcomes for 100
million people by 2025. Through 2017, more than 14.5 million
students and adult learners have benefited from HP’s education
programs (from 2015). This includes nearly 4,000 Syrian refugee
students in the first year of HP’s partnership with the Clooney
Foundation for Justice and UNICEF; 55,000 new students enrolled in
HP LIFE business and IT skills training and more than 4,000 people
reached through HP’s World on Wheels program, serving villages and
towns in rural India. In 2017, HP also collaborated with the UN
Refugee Agency and other partners to launch the first two of six HP
Learning Studios in Jordan’s Azraq refugee camp.
The report also points to initiatives like HP Classroom of the
Future and Campus of the Future, which work with K-12 and higher
education institutions to co-create next-generation academic
environments. HP’s Applied Research Network is a collaboration with
more than 20 higher education institutions to investigate the
application of immersive virtual and augmented reality technologies
in the classroom.
Sustainable Impact at HP
We aim to drive lasting improvements for the planet, people and
communities. We engineer with integrity, ensuring all products and
operations are based on the highest ethical standards. We are
committed to full circle innovation that improves performance,
reduces waste, and powers a circular and low carbon economy. And we
inspire impact, creating opportunities and enabling action to
achieve a more just, equitable and inclusive society.
To learn more about these efforts, visit the HP Sustainable
Impact website, and be sure to check out the newly released
HP 2017 Sustainable Impact Report.
RELATED LINKS
- Sustainable Impact website
- Sustainable Impact report (link to downloadable PDF)
- Diversity & Inclusion website
- Sustainable Impact press kit
- Homeboy Video
NOTES* 7.7% increase in hiring in the US, from
26.8% in 2016 to 34.5% in 2017 for those that self-identify as
African American, Latino/Hispanic, Asian, Native American,
Hawaiian/Pacific Islander or two or more races.
About HP Inc.
HP Inc. creates technology that makes life better for everyone,
everywhere. Through our portfolio of printers, PCs, mobile devices,
solutions, and services, we engineer experiences that amaze. More
information about HP Inc. is available
at http://www.hp.com.
© Copyright 2016 HP Development Company, L.P. The information
contained herein is subject to change without notice. The only
warranties for HP products and services are set forth in the
express warranty statements accompanying such products and
services. Nothing herein should be construed as constituting an
additional warranty. HP shall not be liable for technical or
editorial errors or omissions contained herein.
Tom Suiter, HPTom.suiter@hp.comwww.hp.com/go/newsroom
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