CSR : HP releases Annual Sustainable Impact Report

PALO ALTO, Calif: HP Inc. 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.

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.

It has set ambitious GHG emissions reduction goals across its value chain—operations, products and supply chain. 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. It 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.

It has 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 works to extend the life of its hardware, and in 2017, 4.6 million units of hardware were repaired through the company’s remanufacturing program. It recycled more than 271,400 tonnes of hardware by 2016 and aims to achieve a volume of 1.2 million tonnes by 2025.

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 has 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%.

(Based on statement)