HP recognizes that climate change is one of the most critical issues confronting the world today. At HP, we have always taken a holistic approach to reducing our climate impact across our value chain. We remain committed to accelerating our efforts by setting and achieving ambitious science-based targets, incenting our suppliers to set their own goals, delivering our most sustainable portfolio of products and solutions, and working with policy makers and other stakeholders to drive industry change. We aim to grow our business, not our footprint, and enable our customers to do the same. (www.hp.com/sustainableimpact).
Achieving continuous improvements in operations:
Over the past two years, we set and exceeded goals to cut our Scope 1 and 2 emissions by 25% by 2025 and use 40% renewable electricity in our global operations by 2020.
We are committed to setting a new science-based GHG emissions goal and meeting our commitment to use 100% renewable electricity in our operations
Driving a more sustainable supply chain:
We influence our suppliers’ practices by setting goals to reduce the GHG emissions intensity of our first-tier production suppliers and product transportation by 10% by 2025, help suppliers cut 2 million tonnes of CO2e emissions by 2025, and eliminate deforestation in HP paper and paper-based packaging by 2020.
We will incent suppliers through our supplier evaluation processes to adopt science-based GHG emissions reduction targets and verify their GHG emissions via third parties.
Building a portfolio that empowers our customers’ sustainability:
In 2017, we achieved a 33% decrease in GHG emissions intensity in our product portfolio, exceeding our goal of 25% by 2020.
We will continue to reduce the energy consumption and GHG emissions of our product portfolio and transform our entire business to drive a more efficient, circular and low-carbon economy. Through disruptive technologies, such as 3D printing, we will not only help drive a Fourth Industrial Revolution, but a sustainability revolution.