HP Inc. (NYSE: HPQ) today released its 2019 Sustainable Impact
Report, highlighting the progress the company is making to drive
greater diversity and inclusion, reduce its environmental
footprint, and strengthen communities around the world.
As part of these commitments, HP announced a new goal to double
the number of Black and African American executives inside the
company by 2025.
HP also announced a new goal to eliminate 75 percent of
single-use plastic packaging by 2025, supporting the company’s
efforts to drive a low-carbon, circular economy.
Efforts to make a sustainable impact on people, the planet and
communities are integrated into HP’s business strategy and
operations, and have become an increasingly important driver of
customer purchasing decisions. HP’s Sustainable Impact efforts
helped drive more than $1.6 billion in sales wins in 2019, up an
estimated 69 percent, reflecting the growing business imperative
for companies to lead with purpose.
“The HP culture has long been built on the belief that how we do
things is just as important as what we do. Recent events have laid
bare the systemic racism and deep inequalities that remain a stain
on society, and it’s imperative for all companies to act with
urgency on all fronts,” said Enrique Lores, HP President and
CEO.
“It’s especially important for companies to hold themselves
accountable and publicly report their progress,” Lores continued.
“This year’s data shows that HP is making significant strides
forward in many areas, while also revealing where we must do
better. For example, the number of African American employees is
below where it needs to be, and we are taking actions to improve.
While we have a lot of hard work ahead, our values-driven culture
that unites our teams and our partners gives me confidence in our
ability to accelerate our progress and foster a more sustainable,
equitable, and just society.”
Embracing Diversity and Inclusion to Drive
Action 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. technology company, comprised of
42 percent women and 58 percent minorities. In 2019, 63 percent of
U.S. hires were from underrepresented groups, including women, U.S.
ethnicities, veterans, and persons with disabilities (compared to
57 percent in 2018). HP exceeded its target for hiring veterans by
43 percent, and 40 percent of new hires in the U.S. were
minorities, up from 32 percent in 2018.
Globally, 40 percent of HP hires in 2019 were women, and the
company’s Global Supplier Diversity program spent $374 million with
small and diverse suppliers including minority- and women-owned
businesses, contributing $698 million in overall economic
impact.
HP is entering its fourth year of the HBCU (Historically Black
Colleges and Universities) Challenge, a business school
competition, in partnership with the National HBCU Business Deans
Roundtable. Forty-four schools have participated in the Challenge
so far, providing students the opportunity to develop solutions to
real HP business problems while gaining hands-on industry
experience.
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 $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
nonprofit dedicated to eradicating poverty by providing education
to women and girls, to launch My Story: The 2020 Storytelling
Challenge. The challenge will bring to life examples of young
leaders fighting for human rights, racial justice, gender equity
and the advancement of education for girls.
Creating A World Without WasteThree hundred
million tonnes of plastic are produced each year worldwide, half of
which are for single use and 91 percent are not 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. Launched in 2019, the
HP Tango Terra is HP’s first printer with zero plastic packaging,
using a combination of molded fiber cushions and glassine paper to
replace the typical plastic foam and bag. 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 post-consumer 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, display, mobile workstation and enterprise
Chromebook made 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 ForestsHP 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. Over five years, HP is contributing $11 million for WWF
to restore part of Brazil’s critically threatened Atlantic Forest.
In China, the project is focused on increasing the area of
sustainably managed forest plantations to improve their resiliency
and biodiversity. In both countries with the help of WWF, HP is
advancing forest science to quantify the nature benefits of forest
restoration activities.
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.
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 enabling 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, and is on track to reach its
goal to enroll one million users by 2025, compared to 2016.
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
recently launched HP Turn to Learn, a program that is delivering
educational content primarily focused on STEM and environmental
topics to Title I school districts across the U.S. in partnership
with TIME for Kids, NASA and Britannica. As part of the wide range
of actions HP is taking to combat COVID-19 including more than 2.3
million 3D printed parts such as face shields, masks, nasal swabs
and more for hospitals, HP and HP Foundation are committed to
donating an estimated $8 million in products and grants to support
blended learning and local communities.
HP is committed to building a more equitable, more resilient and
more sustainable future for all. The company, along with more than
155 businesses signed the ‘Recover Better’ statement, urging
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’s Sustainable Impact
strategy 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.
Learn more
Visit the following links for more details:
- Sustainable Impact Website
- Diversity & Inclusion Website
- Sustainable Impact report (link to downloadable PDF)
- Sustainable Impact Executive Summary
- Inaugural Human Rights Progress report
- Sustainable Impact Press Kit
- Sustainable Impact Overview Video
- Sustainable Impact Planet Video
About HP
HP Inc. creates technology that makes life better for everyone,
everywhere. Through our product and service portfolio of personal
systems, printers and 3D printing solutions, we engineer
experiences that amaze. More information about HP Inc. is available
at http://www.hp.com.
Tom Suiter, HPtom.suiter@hp.comwww.hp.com/go/newsroom |
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1 In 2019, we tracked more than $1.6 billion in sales wins
(total contract value) in which sustainability criteria were a
known consideration and were supported actively by HP’s
Sustainability and Compliance organization, an estimated 69%
increase over the $900+ million reported in 2018.
2 Goods and services produced by HP’s diverse suppliers and
their supply chains.
3 Calculated as the percentage
of primary plastic packaging (by weight) reduced per
unit shipped. Excludes secondary and tertiary packaging
components. Includes HP personal systems
and printer hardware packaging. Does not
include packaging for the following: Graphics Solutions Business
(GSB) hardware other than PageWide XL and DesignJet printers; 3D
printing hardware; print supplies; refurbished products; and
accessories such as 3rd party options, drop in box, and aftermarket
options.
4 Applies to HP PCs, Workstations, and Displays manufactured
after January 2019. Based on most Gold and Silver EPEAT®
registrations by meeting all required criteria and achieving 50-74%
of the optional points for EPEAT® Silver and 75-100% of the
optional points for EPEAT® Gold according to IEEE 1680.1-2018
EPEAT®. Status varies by country. Data is as of May 26, 2020. Visit
www.epeat.net for more information.
©Copyright 2020 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.
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