Releases
2019 Sustainable Impact Report; Sustainability efforts helped drive more than
US$1.6 billion in new sales [1] in 2019 —an estimated 69 percent increase
year-over- year
News Highlights:
·
Commits to
eliminate 75 percent of single-use plastic packaging by 2025 compared to 2018.
·
Advances
diversity and inclusion agenda: 40 percent of global new hires were women;
contributes US$698 million in overall economic impact through its supplier
diversity program.
·
Publishes
inaugural Human Rights Progress
Report to drive transparency and long-term community impact.
·
Drives Digital
Literacy, education and entrepreneurship training for underserved communities
in India
·
Expands HP
Sustainable Forests Collaborative with addition of the Arbor Day Foundation,
Chenming Paper, Domtar and New Leaf Paper.
HP Inc. (NYSE: HPQ) today released its 2019 Sustainable Impact Report,
including a goal to eliminate 75 percent of single-use plastic packaging by
2025. The new goal will contribute to a low-carbon, circular economy that can
ultimately benefit the health of our people and communities. COVID-19
demonstrates that people, communities and our planet are intertwined – the
risks to the health and wellbeing of one impacts the health and wellbeing of
all. Furthermore, sustainability is a business imperative, helping to
drive more than US$1.6 billion in new sales in 2019, a 69 percent increase
from 2018.
“We at HP continue to find
new ways to lead with purpose, and positively impact the planet, people and the
communities we serve,” said Vinay Awasthi, MD, HP India Market. “Our
charter reflects the changing role of corporations in society. This is why we
believe in the principles that define our Sustainable Impact strategy –
transparency, accountability, empathy and equality. As business leaders, we
must be cognizant of the world around us. Every business must now be a
sustainable business and find ways of creating positive impact not only on the
communities they serve but also for their stakeholders”, he further added.
Driving Digital Literacy in India
As part of its commitment to India India
Creating A World Without Waste
Three hundred
million tonnes of plastic are produced each year worldwide, half of which
is for single use and 91 percent isn’t recycled at all. Packaging is also
experiencing an increase in demand as a result of COVID-19. Packaging
comprises a significant portion of total waste produced and can affect the
health of our planet and people, which is why HP today announced a new goal to
eliminate 75 percent of single-use plastic packaging by 2025. The goal focuses
on hardware unit packaging and is predicated on a move to molded fiber
packaging cushions.
HP’s environmental
packaging strategy aims to eliminate unnecessary plastics and materials of
concerns wherever possible. In 2019, HP decided to eliminate power cord plastic
ties and plastic document bags in hardware packaging. HP also has shifted to
more recyclable, paper-based alternatives. To accelerate this shift, the
company is transitioning from plastic foam packaging cushions to those made
with 100 percent recycled, molded pulp for HP’s notebooks, desktops and
displays. The transition to molded fiber Personal Systems packaging
cushions eliminated 933 tonnes of hard-to-recycle expanded plastic
foam last year.
In Printing, HP reduced plastic foam by 40 percent
and eliminated over 95 tonnes of the material in 2019 just by
redesigning the packaging of a printer model. In 3D printing, HP recently announced the availability
of a new material called polypropylene PP that helps reduce waste by
enabling up to 100 percent reusability of surplus powder.
HP is also accelerating its use of recycled content
plastics across its print and personal systems product portfolio. During 2019,
HP used over 25,000 tonnes of postconsumer recycled content plastic in HP print
and PS products, or equivalent to 9 percent plastics used. The company is
working to increase this to 30 percent by 2025. HP has also sourced 1.7 million
pounds – more than 60 million bottles – of ocean-bound plastic, and launched
the world’s first notebook and displaymade using ocean-bound plastics. With 111
Gold and 268 Silver EPEAT-registered products – more than any other company in
the IT industry, HP has the world’s most sustainable PC portfolio.[4]
Protecting and Restoring
Forests
HP aims to regenerate natural systems that sustain life with a focus on
protecting and restoring global forests. After eliminating deforestation in the
supply chain for HP brand paper in 2016, the company is on track to do the same
for its paper-based product packaging by the end of 2020.
In 2019, HP announced its partnership with World Wildlife Fund
(WWF). Together, HP and WWF aim to restore, protect and responsibly
manage 200,000 acres of forest, an area equal to the size of New York City Brazil ’s critically threatened Atlantic Forest China
HP has also launched the HP
Sustainable Forest Collaborative and those efforts have inspired the
Arbor Day Foundation, Chenming Paper, Domtar and New Leaf Paper to
join the collaborative and accelerate efforts on forest restoration. The
cross-industry collaboration will demonstrate scientific and viable approaches
to keeping forests ecosystems healthy. Together, HP and the collaborative
members seek others to join the movement of growing forests and biodiversity
for future generations.
Embracing Diversity and Inclusion
to Fuel Innovation
HP is
driving a culture of diversity and inclusion at all levels of the company and
remains committed to fighting racial inequality in all forms. HP’s Board of
Directors continues to be the most diverse of any U.S.
Globally,
40 percent of HP hires in 2019 were women,
and the company’s Global Supplier Diversity
program spent US$374 million with small and diverse suppliers including
minority-and women-owned businesses, contributing US$698 million in overall
economic impact.
Earlier
this year, HP re-committed to the CEO Action for Diversity and
Inclusion, the largest CEO-driven
business commitment to advance diversity and inclusion in the workplace. The HP
Foundation pledged US$500,000 to social justice organizations to confront and
combat systemic racism and inequality in society.
HP is also leveraging
its platforms to shine a spotlight on these issues globally. It is partnering with Girl Rising, a global a
nonprofit dedicated to eradicating poverty by providing education to women and
girls, to launch My Story: The 2020 Storytelling Challenge will bring to life examples
of young leaders fighting for human rights, racial justice, gender equity and
the advancement of education for girls.
Building Resilient Communities
Everywhere
Quality
education is a human right and technology can be a great equalizer. Since
2015, HP has reached more than 28 million students and adult learners,
driving progress toward our goal to enable better learning outcomes for 100
million people by 2025. HP LIFE, a program of the HP Foundation, provides
core business and IT skills for entrepreneurs, adult learners and students free
of charge through online, offline and in-person training. HP LIFE has reached
more than 800,000 users since 2012, on track to reach its goal to enroll one
million users by 2025.
Inclusive access to technologies,
tools and materials that can advance education for people everywhere is a key
strategy for HP’s Sustainable Impact. In 2019, 6.3 million personal computers
were shipped to schools worldwide. During COVID-19, many schools were closed
and the shift to mobile and online learning has been a challenge for many
students who lack access to devices or a reliable Internet connection to learn
from home.
In response, HP has launched Print, Play & Learn, a free HP global resource of free printable
activities for learning and playing at home, as well as initiatives launched in
China and India
HP is committed to building a more equitable, more
resilient and more sustainable future for all. The company, along with more
than 155 companies signed the ‘Recover Better’ statement, which urges
governments worldwide to align their COVID-19 economic aid and recovery efforts
with the latest climate science because planetary health affects human health.
This type of public advocacy and collective action is an important part of HP
Sustainable Impact and supports the systemic changes and policy action needed
to help HP achieve its goals and commitments as we continue to protect our
people, communities and the planet.
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