HP 2020 Sustainability Impact Report

Decades of commitment & impact

Having released a sustainability report for the past 20 years, HP continues to pave the way for companies to challenge themselves in what’s possible for committing to a sustainable future while maintaining a thriving core business (case in point, their $1B+ in sales in 2020). Their ambition is to become the world’s most sustainable and just technology company.

With more than 50,000 employees, they believe the HP Way is to hold themselves accountable for their actions and their impact on the environment. HP’s new 2030 Sustainable Impact agenda focuses on creating a world where climate change is reversed, human rights are universally protected, and digital equity democratizes opportunity for all.

Committed to 50% reduction of net zero greenhouse gas emissions by 2030
By 2025, committed to reach carbon neutrality and zero waste in operations
Sourced more than 1.7M pounds of ocean-bound plastic for use in supplies and hardware
Increased factory participation in supply chain sustainability program by 15%
Reduced water footprint by 11% in 2020
Plan to reach 75% circularity for products and packaging by 2030
51% renewable electricity use in global operations
78% of HP first-tier production suppliers, by spend, use renewable energy
More than 85% of Original HP ink cartridges contain 4-75% recycled content‍
100% of Original HP toner cartridges contain 1-75% recycled content

19%

reduction of single-use plastic packaging in 2020

1.38M

tonnes of CO2e emissions avoided by suppliers through 2020

Over the next decade, HP will stand for a new era of progress.

Enrique Lores, President and CEO

HP was built on the idea that the purpose of a corporation extends far beyond profit. They believe that by creating technology in the service of humanity, they can create the conditions for business and society to thrive hand in hand. As the first company to publish its full carbon and water footprint to the public, they’ve been at the forefront for transparency and accountability in the sustainable tech space.

Holding their suppliers to high standards, they summarize performance using Sustainability Scorecards, designed to incentivize suppliers and drive ongoing improvement through consistent, comprehensive, and actionable feedback. In 2008, HP was the first major IT company to publish aggregated supply chain GHG emissions data. They continue working to drive progress in this area, and have decreased first-tier production supplier and product transportation-related GHG emissions intensity by 28%. To help reach their goal, they focus supplier attention on improving energy management and efficiency, using renewable energy, and setting science-based targets.

Aligned to the UN Sustainable Development Goals, they have set some of the most comprehensive and aggressive climate goals in the technology industry with their 2030 vision.

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The betterment of society is not a job to be left to a few. It’s a responsibility to be shared by all.

Dave Packard, Co-founder