Climate Change Data

Environmental Metrics

ESG Focus Areas

• e-inclusion and education
• environment
• privacy

Environmental Achievements

• Reduced PFC emissions by more than 18% in the last quarter of 2002; anticipates meeting a 10% reduction target by 2005.
• Reduced energy consumption by 7% through real estate consolidation.
• Recycled about 16,000 metric tonnes of hardware in the US and an estimated 13,500 metric tonnes in Europe.
• Recycled nearly 60 million HP LaserJet cartridges.

Social Achievements

• Donated more than US$62 million in cash and equipment worldwide.
• Extended e-inclusion initiative to underserved communities in South Africa and India.
• Implemented a company-wide Fast Start program to integrate new teams.
• Expanded recycling programs and set a higher bar for eliminating e-waste.

Governance Achievements

• Established a new organization to lead global citizenship efforts.
• Created new governance and program structures to drive consistency.
• Created and strengthened policies and compliance processes in human rights and labor, supply chain, and standards of business conduct.
• Established the Ethics Committee in 2002.

Climate Goals & Targets

Environmental Challenges

• Limited control over social and environmental impact in the supply chain.
• Achieving technological innovations for product recyclability and developing global take-back logistics.
• Balancing values with commercial realities.
• Applying human rights policy in the supply chain.
• Maintaining consistent human rights standards in countries with inconsistent human rights records.
• Meeting rising stakeholder expectations on human rights standards and performance.
• Educating HP managers and employees on privacy issues and their responsibilities.
• Managing the increasing quantity and complexity of privacy regulations globally.
• Closing the loop on end-of-life IT equipment.
• Finding cost-effective ways to comply with emerging laws on recycling.

Mitigation Strategies

• Communicating expectations to the supply chain and fostering change in standards and practices.
• Developing alternative sourcing strategies.
• Establishing a phased approach to supplier assessment based on priority.
• Implementing a privacy policy worldwide aligned with Safe Harbor principles.
• Developing compliance metrics and tracking/monitoring processes and tools.
• Expanding customer recycling programs to other countries.
• Using strategies to increase the volume of hardware recycled.

Supply Chain Management

Supplier Audits: 40 largest suppliers assessed in 2003; additional suppliers to be assessed in 2004 and beyond.

Responsible Procurement

• Supplier Code of Conduct covering employment, environmental, health, labor, and safety practices.
• General Specification for Environment (GSE) specifying restrictions on materials.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products.

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• ENERGY STAR qualified products; Blue Angel certified printers; products with recycled plastic content; lead-free program; products with non-mercury lamps; blade servers.

Awards & Recognition

• oekom research AG top ranking; US EPA Commuter Choice Award; WRAP Award; Corporate Conscience Award; Global Excellence in Information Technology award; various other awards related to diversity, employee relations, and community engagement.

Environmental Metrics

ESG Focus Areas

• Reducing product environmental impacts
• Raising standards in HP’s global supply chain
• Increasing access to information technology

Environmental Achievements

• Recycled 140 million pounds of electronic products and supplies (nearly 17% more than in 2004)
• Reduced packaging materials by 20 percent per unit for one PC category
• Decreased the energy required to ship each unit by 40 percent for one PC category
• Achieved an 8% reduction in travel in 2005 by using Halo conferencing studios, avoiding 350 tonnes of CO2 emissions

Social Achievements

• Established 38 HP MAP Learning Centers in 12 countries for microenterprises
• Successfully completed some e-inclusion programs and transitioned them to local communities
• Employee contributions (more than $16.6 million in 2005 with HP matching resources) to support local communities

Climate Goals & Targets

Environmental Challenges

• Difficulty in obtaining suitable supplies of recycled plastic (RPET)
• Inability to meet goal to decrease PFC emissions by 10% due to production increases
• Difficulty in measuring global citizenship performance due to lack of standards and data collection channels
• Difficulty in demonstrating business value of global citizenship initiatives
• Tracking complex and potentially conflicting regulations related to global citizenship issues

Mitigation Strategies

• Continued work to identify additional qualified sources of RPET
• Installed additional abatement technology at manufacturing plants to reduce PFC emissions
• Developed a Product Environmental Tracking (PET) database to store and analyze product environmental data
• Outlined a clear business case to suppliers emphasizing reduction in employee turnover, accidents, and illnesses
• Used SBC Liaisons and Regional SBC networks to seek local input on training and provide communications

Supply Chain Management

Supplier Audits: 54 suppliers at 85 sites

Responsible Procurement

• HP Supplier Code of Conduct
• General Specification for the Environment (GSE)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001

Third-party Assurance: BVQI

Sustainable Products & Innovation

• Products with improved energy efficiency
• Products designed for recyclability
• Products using recycled materials

Awards & Recognition

• Recycling Council of Alberta’s 2005 Corporate Leadership Award
• Recycling Council of Ontario’s 2005 Platinum Waste Minimization Award
• CEMEFI’s Socially Responsible Company award (Mexico)
• AliaRSE’s Best Practices in Social Responsibility (Mexico)

Environmental Metrics

ESG Focus Areas

• Education
• Energy and the Environment

Environmental Achievements

• HP will reduce energy consumption and associated greenhouse gas emissions of all products 40 percent below 2005 levels by the end of 2011.

Social Achievements

• Work with communities to give students greater access to technology.
• Collaboration with UNESCO to allow university faculty in developing countries to engage in real-time scientific collaboration.
• Graduate Entrepreneurship Training through IT (GET-IT) program operating in 30 countries.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Increased energy consumption and its environmental impact.
• Limited access to education and technology in developing countries.

Mitigation Strategies

• Commitment to reduce energy consumption and greenhouse gas emissions.
• Initiatives to improve access to technology and education through partnerships and programs.
• Advocacy for energy-efficient technologies and individual producer responsibility for electronic waste.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Governance
• Environment
• Society

Environmental Achievements

• Published complete carbon footprint (first in IT industry)
• 100% of HP Everyday Office Papers FSC®-certified in the Americas (as of early 2013)
• Reduced total GHG emissions from operations by 8% from 2010 baseline
• Achieved 88.1% landfill diversion rate
• HP Moonshot system uses up to 89% less energy compared to traditional servers
• HP OfficeJet printers use up to 50% less energy than comparable laser printers
• Most HP PCs, printers, and servers are more than 90% recyclable by weight

Social Achievements

• Launched responsible supplier guidelines for student and dispatch workers in China (industry-first)
• Reached more than 2 million entrepreneurs through HP LIFE, helping establish and expand more than 25,000 businesses and create over 57,000 jobs
• Tested more than 200,000 infants in Kenya and Uganda for HIV/AIDS
• HP employees donated more than 1.4 million hours to volunteer projects
• $118.6 million USD in social investments made through cash, products, and services

Governance Achievements

• Conducted a formal materiality assessment
• Launched the External Global Citizenship Council
• Scored 92 out of 100 for disclosure in 2012 Carbon Disclosure Project Leadership Index
• Included in the 2012 Dow Jones Sustainability Index
• Included in four FTSE4Good indexes for the tenth consecutive year
• 99% of HP employees completed ethics and compliance annual training

Climate Goals & Targets

Environmental Challenges

• Climate change and rising energy costs
• Need for economic development and social equality
• Increasing information security and privacy concerns
• Excessive working hours in the supply chain
• Low wages and insufficient overtime payments in the supply chain
• Use of student, dispatch, and foreign migrant workers in the supply chain
• Conflict minerals in the supply chain
• Data limitations in LCA

Mitigation Strategies

• Set a goal to reduce total GHG emissions from operations by 20% by 2020
• Developed new supplier guidance on appropriate use of student and dispatch workers
• Conducted independent management system assessments of HP supplier facilities
• Published supply chain smelter list and water footprint (first in IT industry)
• Developed a human rights risk assessment process
• Implemented a Global Case Management System to record allegations of ethical violations
• Implemented various energy and water conservation programs
• Developed HP Student and Dispatch Worker Guidance Standard for Supplier Facilities in China
• Engaged in multi-stakeholder forums to address conflict minerals
• Improved data collection and reporting methodologies

Supply Chain Management

Supplier Audits: 893 audits in total (2004-2012)

Responsible Procurement

• HP Electronic Industry Citizenship Coalition (EICC) Code of Conduct
• Supplier Social and Environmental Responsibility Agreement
• HP Student and Dispatch Worker Guidance Standard for Supplier Facilities in China

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI G3

Certifications: ISO 14001

Third-party Assurance: Ernst & Young

Sustainable Products & Innovation

• HP Moonshot servers
• HP OfficeJet printers
• HP t410 All-in-One Smart Zero Client
• HP 3PAR StoreServ Storage
• HP StoreEver Tape Storage
• HP Vertica AppSystem
• HP Business Service Automation (BSA)
• HP Service Health Optimizer

Awards & Recognition

• Newsweek Green Rankings (2nd place)
• Interbrand 50 Best Global Green Brands (5th place)
• Carbon Disclosure Project Leadership Index
• Dow Jones Sustainability Index
• FTSE4Good Indexes
• SmartWay Excellence Award

Environmental Metrics

ESG Focus Areas

• Governance
• Human Progress
• Economic Progress
• Environmental Progress

Environmental Achievements

• Reduced carbon footprint by 16% from 2012
• Reduced GHG emissions from HP operations by 79,700 tonnes CO2e compared with 2012
• Decreased total waste generated from HP operations by 37% compared with 2012
• Reduced total water consumed in HP operations by 10% compared with 2012
• Designed more than 50% of total LEED® Platinum- and LEED Gold-certified new construction data centers worldwide as of December 2013
• Recovered a total of 134,500 tonnes of hardware and supplies
• Set the industry’s first supply chain GHG emissions intensity reduction goal—a 20% decrease in first-tier manufacturing and product transportation-related GHG emissions intensity by 2020, compared to 2010

Social Achievements

• Launched an Ethics Champion program, recognizing ethical leadership decisions made by our employees
• Further integrated respect for human rights into our business operations by conducting a comprehensive company-wide risk assessment
• Advanced responsible mineral sourcing, driving smelters in our supply chain toward conflict-free certification
• Developed a more robust procurement scorecard with stronger incentives tied to social and environmental performance
• 54,000 employees across 84 countries took part in our wellness challenges, up 37% compared to 2012
• Nearly 42,000 HP employees volunteered 1.6 million hours to help take on tough global challenges
• More than one million people have gained access to essential business and IT skills training through HP LIFE e-Learning
• Five cloud-enabled eHealth Centers, which provide access to high-quality medical care in rural India, have received more than 28,000 patient visits as of April 2014

Governance Achievements

• Launched Living Progress framework
• Appointed a Chief Progress Officer
• Expanded HP Board of Directors’ Nominating and Governance Committee to Nominating, Governance, and Social Responsibility Committee
• Established HP Global Citizenship Council

Climate Goals & Targets

Environmental Challenges

• Excessive working hours in supply chain
• Responsible mineral sourcing (conflict minerals)
• Maintaining labor standards in supply chain
• Protecting customer privacy in a data-rich environment
• Climate change and water scarcity

Mitigation Strategies

• Introduced guidance for fair treatment of student and dispatch workers
• Published a list of tantalum, tin, tungsten, and gold (3TG) smelters in the supply chain
• Implemented a five-tier supplier rating system
• Expanded due diligence to include other third parties such as global logistics service providers and certain suppliers
• Published complete water footprint
• Set supply chain GHG emissions reduction goal
• Improved product energy efficiency
• Implemented water conservation projects

Supply Chain Management

Supplier Audits: 1,090 audits and assessments conducted since 2005

Responsible Procurement

• EICC Code of Conduct
• HP Supply Chain Social and Environmental Responsibility Policy
• HP Student and Dispatch Worker Guidance Standard
• SER scorecard

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI G4

Certifications: LEED, ENERGY STAR, EPEAT, ISO 14001, OHSAS 18001

Third-party Assurance: Ernst & Young LLP

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• HP Moonshot servers
• HP ProLiant Gen8 servers
• HP StoreVirtual Virtual Storage Appliance
• HP StoreOnce Virtual Storage Appliance
• HP 3PAR StoreServ 7450 all-flash array
• HP StoreEver Storage portfolio
• HP Officejet Pro X series printers
• HP LaserJet Enterprise M800 series printers
• HP Indigo digital presses

Awards & Recognition

• Best Employers for Healthy Lifestyles (U.S. National Business Group on Health)
• Top 100 U.S. companies (Working Mother magazine)
• CDP Global and S&P 500 Performance and Disclosure Leadership Indexes (CPLI and CDLI)
• Corporate Excellence Award (Points of Light)
• Bloomberg’s The Civic 50 as the Most Community-Minded Tech Company
• Ethical Corporation Responsible Business Award

Environmental Metrics

ESG Focus Areas

• Governance
• Human Progress
• Economic Progress
• Environmental Progress

Environmental Achievements

• Reduced GHG emissions from operations by 5.5%, decreased total waste by 11.5%, and cut water consumption by 3.1%
• Increased on-site renewable energy capacity by 150% to 5.9 MW
• Reduced first-tier manufacturing and product transportation-related GHG emissions intensity by 18% from 2010 levels
• Helped production suppliers cut GHG emissions by 600,000 tonnes CO2e (cumulatively) since 2010
• Launched water-cooled HP Apollo 8000 System, which uses 28% less energy than air-cooled servers, saving up to 3,800 tonnes of CO2e annually
• HP OfficeJet Enterprise X printer generates up to 94% less supplies and packaging waste than comparable laser printers
• Added a new closed loop process for polypropylene to recycling programs
• Incorporated some recycled plastic in more than 75% of HP inkjet cartridges

Social Achievements

• Became the first IT company to require direct employment of foreign migrant workers in supply chain
• Conducted 200 audits and assessments of supplier facilities
• Achieved 15% improvement in Social Accountability International’s Social Fingerprint benchmark
• Achieved 84% of workers related to HP production at final assembly sites working fewer than 60 hours per week on average, with fewer than 4% working more than 72 hours per week
• Launched Matter to a Million, providing capital to low-income entrepreneurs; over $5.9 million in loans
• Completed nearly 5.3 million employee training hours
• Overall employee engagement remained strong at 70%
• Partnered with UNICEF and Chinese government to pilot Maternal and Child Health Management Information System
• Deployed 29 eHealth Centers in rural India

Governance Achievements

• Revamped internal communications mechanisms for ethics and compliance
• Former Chief Ethics and Compliance Officer won Chief Compliance Officer of the Year award
• HP Board of Directors’ Nominating, Governance and Social Responsibility Committee expanded oversight of global citizenship efforts

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to climate events
• Mistreatment of migrant and student workers
• Counterfeit IT products
• Increasing IT labor shortages and regional political unrest
• Excessive working hours in supply chain
• Underrepresentation of women in technology
• Lack of gender, racial, and ethnic diversity in workforce
• Data security and privacy concerns

Mitigation Strategies

• Developed alternative sourcing strategies
• Upgraded policies and monitoring program for migrant and student workers
• Engaged with governments and supported public awareness campaigns to combat counterfeiting
• Invested in supply chain resiliency
• Introduced enhanced standards, monitoring, and KPIs for vulnerable workers
• Implemented programs to support women in technology
• Set business unit targets for workforce demographics and published diversity data
• Implemented HP Privacy Accountability Framework and led efforts to develop ethical framework for big data

Supply Chain Management

Supplier Audits: 200/year

Responsible Procurement

• HP Supplier Code of Conduct
• HP Supply Chain Foreign Migrant Worker Standard
• HP Student and Dispatch Worker Standard

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, CDP

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• HP Apollo 8000 System
• HP OfficeJet X series printers
• HP Desktop Minis
• HP 3PAR StoreServ All-Flash Arrays
• HP StoreOnce Backup appliances

Awards & Recognition

• CDP disclosure score of 100 and A rating
• Green Supply Chain award from Supply Chain Asia
• CDP Supplier Climate Performance Leadership Index 2014
• SmartWay Excellence Award
• Corporate Citizenship Award from NACME
• Employer of the Year Award from CAREERS & the dis ABLED magazine

Environmental Metrics

ESG Focus Areas

• Environment
• Society
• Integrity

Environmental Achievements

• 11% decrease in carbon footprint compared to 2014
• 12% decrease in water footprint compared to 2014
• Reduced first-tier manufacturing and product transportation-related GHG emissions intensity in the supply chain by 20% through December 2014 (compared to 2010), achieving the 2020 goal
• Decreased Scope 1 and Scope 2 GHG emissions from operations by 29% compared to 2010, achieving the goal of a 20% reduction by 2020
• Reduced the GHG emissions intensity of the product portfolio by 26% compared to 2010 levels

Social Achievements

• 92% of smelters in the supply chain are conflict-free or on the way to becoming conflict-free
• 84% of suppliers in the SER scorecard program showed effective or exceptional social and environmental performance
• 96% of workers at factories reporting monthly data received at least one day of rest every week
• 78,000 factory workers were reached during the year through training and empowerment programs
• Established the most diverse board among U.S. technology companies, with five female and six minority members
• More than 38,200 employees contributed 1.2 million hours of volunteer time in 72 countries in 2015
• $89.6 million in total social investments were made in 2015

Governance Achievements

• Confirmed customers’ confidence in HP to protect their privacy—less than 1% of 38 million customers opted out of us retaining their information following the separation
• Remained among less than 90 companies worldwide recognized by EU data protection authorities for binding corporate rules

Climate Goals & Targets

Environmental Challenges

• Excessive working hours in the supply chain
• Water scarcity in some supplier regions
• Conflict minerals in the supply chain
• Counterfeit products
• Cybersecurity threats

Mitigation Strategies

• KPI program to monitor working hours and day of rest
• Supplier water management program
• Comprehensive conflict minerals program
• Industry-leading anti-counterfeiting program
• Robust data security and privacy controls, secure products

Supply Chain Management

Supplier Audits: 192 audits and assessments of production and nonproduction supplier facilities in 2015

Responsible Procurement

• HP Supplier Code of Conduct
• SER scorecard
• KPI program

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI G4, UN Global Compact

Certifications: ISO 14001

Third-party Assurance: Ernst & Young LLP

UN Sustainable Development Goals

• Goal 1
• Goal 2
• Goal 3
• Goal 4
• Goal 5
• Goal 6
• Goal 7
• Goal 8
• Goal 9
• Goal 10
• Goal 11
• Goal 12
• Goal 13
• Goal 15
• Goal 16
• Goal 17

HP's initiatives contribute to these goals through various programs and activities detailed in the report.

Sustainable Products & Innovation

• HP LaserJet printers with HP JetIntelligence technology
• HP EliteDesk 800 G2 Desktop Mini
• HP Spectre x360
• HP PageWide printers
• HP Jet Fusion 3D printing solution

Awards & Recognition

• Gartner Supply Chain Top 25 for 2016
• CDP Climate A List
• CDP Supplier A List
• EcoVadis Gold Corporate Social Responsibility Rating

Environmental Metrics

ESG Focus Areas

• Climate Change
• Supply Chain Responsibility
• Circular Economy
• Quality Education
• Diversity and Inclusion
• Data Privacy and Security
• Human Rights
• Anti-Corruption

Environmental Achievements

• 5% decrease in Scope 1 and Scope 2 GHG emissions from global operations compared to 2015
• 14% renewable electricity purchased and generated on-site accounted for 14% of our total consumption
• 21% decrease in supply chain GHG emissions intensity compared to 2010
• 16% decrease in product transportation GHG emissions compared to 2010
• 3% decrease in potable water consumption compared to 2015
• Recycled 102,800 tonnes of hardware and 17,100 tonnes of ink and toner cartridges
• 57% reduction in materials consumption per printed page on average through HP Instant Ink

Social Achievements

• 45,700 supplier factory workers participated in worker skills development and well-being projects
• More than 9.5 million students and adult learners have benefited from HP solutions that advance quality learning and digital literacy
• Most diverse board of directors among U.S. technology companies
• Employees completed 1.1 million training hours, an average of 21 hours each
• #1 ranking in NGO Know the Chain’s inaugural benchmark of ICT companies’ efforts to protect workers in their supply chains from forced labor

Governance Achievements

• 99.74% participation rate in annual Standards of Business Conduct training
• Published a new Privacy Statement with simpler, more customer-friendly language
• Received EU-U.S. Privacy Shield Certification

Climate Goals & Targets

Environmental Challenges

• Supply chain GHG emissions
• Water consumption in supply chain and product use
• Waste generation in supply chain
• Labor practices in supply chain (working hours, worker fees)
• Responsible mineral sourcing
• Data security and privacy

Mitigation Strategies

• Supplier engagement programs (energy efficiency, renewable energy)
• Product design for energy and water efficiency
• Closed-loop recycling programs
• Foreign Migrant Worker Standard
• Conflict-Free Sourcing Initiative
• Robust internal controls and external partnerships for cybersecurity

Supply Chain Management

Supplier Audits: 155 audits in 2016 (details by type available in report)

Responsible Procurement

• HP Supplier Code of Conduct
• Supplier SER scorecard
• Capability building programs

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes

Opportunities

• Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI G4, UN Global Compact, UN Sustainable Development Goals

Certifications: ISO 14001, EU-U.S. Privacy Shield

Third-party Assurance: Ernst & Young LLP (EY)

UN Sustainable Development Goals

• Goal 4 (Quality Education)
• Goal 5 (Gender Equality)
• Goal 6 (Clean Water and Sanitation)
• Goal 7 (Affordable and Clean Energy)
• Goal 8 (Decent Work and Economic Growth)
• Goal 9 (Industry, Innovation, and Infrastructure)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

HP's initiatives contribute to these goals through various programs and operations.

Sustainable Products & Innovation

• HP Elite Slice PC
• HP Jet Fusion 3D printers
• HP PageWide printers
• HP Indigo digital presses

Awards & Recognition

• CDP Climate A List (3 consecutive years)
• Dow Jones Sustainability World Index (5 consecutive years)
• Gartner Supply Chain Top 25 (perfect 10 for CSR)
• EPA SmartWay Excellence Award
• FSC Leadership Award
• CDP Forest A List
• Know the Chain ranking #1 for forced labor mitigation
• MarCom Platinum Award
• Health Leadership for Business Excellence Award

Environmental Metrics

ESG Focus Areas

• Climate Action
• Circular Economy
• Supply Chain Responsibility
• Diversity & Inclusion
• Education
• Human Rights
• Integrity

Environmental Achievements

• 41% decrease in Scope 1 and 2 GHG emissions since 2015
• Achieved 100% renewable electricity in the United States
• 47% renewable electricity in global operations
• Achieved 7% post-consumer recycled content plastic use in HP personal systems and print products
• 100% achieved zero deforestation for HP brand paper
• 65% achieved zero deforestation for paper-based product packaging

Social Achievements

• 255,400 supplier factory workers participated in skills-building and wellbeing programs
• Most diverse Board of Directors of any U.S. technology company
• Among the top technology companies for women in executive positions
• Enabled better learning outcomes for more than 21 million people
• HP LIFE reached 166,000 people since 2016

Governance Achievements

• 99.69% of employees completed Integrity at HP training
• All members of the Board of Directors completed Integrity at HP training

Climate Goals & Targets

Environmental Challenges

• HP’s carbon footprint increased by 9% in 2018 due to growth in PC and printer sales
• GHG emissions intensity increased by 6% compared to 2015
• Water footprint increased by 8% compared to 2017
• Factory participation in sustainability programs decreased by 3% compared to 2015

Mitigation Strategies

• Setting science-based GHG emissions reduction goals
• Investing in renewable electricity
• Improving product design and portfolio shifts
• Engaging with suppliers to reduce their environmental impact
• Implementing energy efficiency projects
• Improving water management practices

Supply Chain Management

Supplier Audits: 117 audits and 43 other assessments in 2018

Responsible Procurement

• Supplier Code of Conduct
• Sustainability Scorecard
• Science-based targets for GHG emissions reduction
• Third-party verification of GHG emissions

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Rising sea levels
• Increased temperatures

Transition Risks

• Regulatory changes
• Market shifts
• Technological advancements

Opportunities

• Development of energy-efficient products
• Growth in renewable energy markets

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC

Certifications: ISO 14001, EPEAT, ENERGY STAR, Blue Angel, TCO

Third-party Assurance: Ernst & Young LLP

UN Sustainable Development Goals

• Goal 4 (Quality Education)
• Goal 7 (Affordable and Clean Energy)
• Goal 8 (Decent Work and Economic Growth)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

HP's initiatives contribute to these goals through education programs, renewable energy use, supply chain improvements, product design, and climate action

Sustainable Products & Innovation

• HP ENVY photo printers made with recycled plastic
• HP Tango printer with high recycled content
• HP A3 PageWide printers with high energy efficiency

Awards & Recognition

• Listed on the 100 Most Sustainable U.S. Companies list
• CDP Climate Change A List
• Gartner Supply Chain Top 25 list
• Thomson Reuters Diversity & Inclusion Index

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Deforestation
• Diversity & Inclusion
• Supply Chain Sustainability
• Education
• Community Investment

Environmental Achievements

• Sourced over 1 million pounds of ocean-bound plastic for products.
• Reduced product use greenhouse gas emissions intensity by 18% since 2015.
• Achieved a triple-A rating from CDP for climate change, forests, and water security.
• Maintained zero deforestation associated with HP brand paper.

Social Achievements

• Reached over 28 million students, teachers, and adult learners through educational programs.
• 63% of U.S. hires in 2019 were from underrepresented groups.
• Contributed 145,000 employee volunteer hours in local communities.

Governance Achievements

• HP has the most diverse Board in the U.S. technology industry.
• 99.4% employee completion rate for annual Integrity at HP training.

Climate Goals & Targets

Environmental Challenges

• Need to increase the number of Black employees hired and retained.
• Addressing systemic racism and discrimination.
• 12% increase in product manufacturing emissions due to business growth and product mix changes.

Mitigation Strategies

• Plan to double the number of Black and African American executives by 2025.
• Commitment to addressing systemic racism and discrimination.
• Improved product energy efficiency to offset increased manufacturing emissions.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supply Chain Code of Conduct
• Focus on ensuring workers are treated with dignity and respect.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI 2016 Sustainability Reporting Standards, SASB standards

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Products made with ocean-bound plastics

Awards & Recognition

• One of America’s Most Sustainable Companies
• CDP Climate A List (six years in a row)
• CDP Supplier Engagement Leader

Environmental Metrics

ESG Focus Areas

• Climate Action
• Human Rights
• Circular Economy
• Diversity, Equity, and Inclusion
• Supply Chain Responsibility

Environmental Achievements

• 12,650 tonnes of CO2e avoided through offsets for all HP Indigo presses
• 16% of the plastic content in HP Indigo hardware, supplies and packaging (excluding ink) was non-virgin, through parts reuse or the use of postconsumer recycled content plastic.
• 330 tonnes of binary ink developer components (49% of the amount shipped) and 1,416 tonnes of other supplies recovered for recycling
• All HP Indigo presses are manufactured CO2 neutral.
• Reduced energy consumption at sites by 2% compared to 2019
• 920 kWh of solar panels installed at Kiryat Gat ink manufacturing plant

Social Achievements

• Absorbed three external contractors as employees in 2020
• 400,000 personalized masks produced for doctors and front-line workers during the pandemic
• 2,200 volunteer cases in 2020
• Expanded focus to Arab citizens of Israel, promoting their representation in the tech sector
• #HerShe campaign in Brazil, generating 1.3 billion impressions and achieving a +30% organic growth of the social network of each influencer during 2021

Governance Achievements

• Zero confirmed incidents of corruption in 2020
• Earned a perfect score in the CPA-Zicklin Index of Corporate Political Disclosure and Accountability for the third year in a row
• Implemented a strict self-regulatory approach to responsible sourcing
• 90% of production supplier audits were third-party certified RBA Validated Assessment Program (VAP) audits.

Climate Goals & Targets

Environmental Challenges

• Reducing GHG emissions
• Reducing energy consumption
• Improving water management
• Minimizing waste
• Ensuring ethical and sustainable supply chain

Mitigation Strategies

• Carbon offsetting projects
• Energy efficiency projects (chiller replacement, Blygold application)
• Water leak detection system
• Waste reduction and recycling initiatives
• Supplier audits and quality improvement plans
• Collaboration with suppliers to reduce environmental impact

Supply Chain Management

Supplier Audits: 90% of production supplier audits were third-party certified RBA VAP audits (2020)

Responsible Procurement

• Supplier Code of Conduct
• SQRM (Suppliers Quality Requirement Manual)
• Supplier Quality Management Module (SQM) database

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB

Certifications: ISO 14001, LEED-Silver (Kiryat Gat ink manufacturing site)

Third-party Assurance: BDO Ziv Haft Consulting and Management ESG team

UN Sustainable Development Goals

• SDG 5: Gender equality
• SDG 7: Affordable and clean energy
• SDG 8: Decent work and economic growth
• SDG 12: Responsible consumption and production
• SDG 13: Climate action

HP Indigo's initiatives contribute to these goals through various programs and strategies outlined in the report.

Sustainable Products & Innovation

• HP Indigo presses designed to reduce energy use and waste
• Recyclable and compostable media

Environmental Metrics

ESG Focus Areas

• Climate Action
• Human Rights
• Digital Equity

Environmental Achievements

• Reduced HP value chain GHG emissions by 9% since 2019
• Reduced single-use plastic packaging by 44% compared to 2018
• Increased the use of postconsumer recycled content plastic across our personal systems and print product portfolio to 13%
• Since 2020, all HP brand paper and paper-based packaging for home and office printers and supplies, PCs, and displays have been derived from recycled or certified sources

Social Achievements

• Increased Black/African American executive representation by 33% compared to 2020
• 44.9% of U.S. hires in 2021 were racial/ethnic minorities
• Accelerated digital equity for 4.3 million people

Governance Achievements

• HP was named one of the World’s Most Ethical Companies for the third consecutive year
• 99.2% of employees completed Integrity at HP training

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to COVID-19
• Addressing deforestation for non-HP paper used in products and print services
• Maintaining a higher than 90% rating on internal inclusion index

Mitigation Strategies

• Expanded Amplify Impact channel partner program
• Pledged US$80 million to support the World Wildlife Fund (WWF) to help address potential impacts on forests from paper used in printing with HP printers by 2030
• Implemented various DEI initiatives

Supply Chain Management

Supplier Audits: 189 audits of production suppliers, product reuse and recycling vendors, and nonproduction suppliers; 24 other assessments

Responsible Procurement

• Supplier Code of Conduct
• RBA Code of Conduct
• RMAP conformant smelters

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards, UN Sustainable Development Goals, SASB Technology & Communications Hardware Standard, TCFD, UN Global Compact

Certifications: ISO 14001, ISO 45001, LEED, BREEAM, SITES, TRUE, ENERGY STAR, EPEAT, TCO, Blue Angel, UL ECOLOGO, GREENGUARD Gold, Nordic Swan Ecolabel, CarbonNeutral

Third-party Assurance: Ernst & Young LLP (EY)

UN Sustainable Development Goals

• Goal 7
• Goal 12
• Goal 13
• Goal 4
• Goal 5
• Goal 8
• Goal 11
• Goal 15
• Goal 17

Initiatives contribute to these goals as described throughout the report

Sustainable Products & Innovation

• HP EvoCycle Toner Cartridge
• HP Eco-Carton Ink Cartridge
• Products with recycled content plastic and metal
• HP Molded Fiber Advanced Tooling Solution

Awards & Recognition

• World’s Most Ethical Companies
• Newsweek’s list of 100 Most Sustainable Corporations
• CDP Supplier Engagement Leader
• U.S. EPA SmartWay Excellence Award

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circularity
• Human Rights
• Digital Equity

Environmental Achievements

• 1.9M tonnes of supply chain CO2e emissions avoided since 2010
• 31% reduction in HP product use GHG emissions intensity compared to 2019
• 61% reduction in Scope 1 and Scope 2 CO2e emissions from global operations compared to 2015
• 55% reduction in single-use plastic in packaging from 221 grams/unit in 2018 to 99 grams/unit in 2022
• Used 1,718 metric tonnes of ocean-bound plastic in products since 2016
• HP MPS received CarbonNeutral® Service certification in September 2020

Social Achievements

• Building a culture of equality and empowerment
• Accelerating equitable access to education, healthcare, and economic opportunity

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Many organizations are not addressing their sustainability and environmental goals in printing and document workflows.
• Unsustainable print environments result in high energy costs, negative brand impact, waste, lack of environmental awareness, and employee dissatisfaction.

Mitigation Strategies

• HP Managed Print Services (MPS) and HP Device as a Service (DaaS) to optimize resource use and recycling.
• Energy- and paper-saving technologies
• Improved management to increase reliability and productivity
• Convenient recycling services
• Optimized imaging and printing environment

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: CarbonNeutral® Service certification, ENERGY STAR®

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• HP EvoCycle toner cartridges
• HP Dragonfly and Elite 1000 Series PCs with ocean-bound plastic
• HP carton-based cartridge for large-format printers with recycled materials
• HP Presence conferencing solution with ocean-bound plastic

Awards & Recognition

• Newsweek’s America’s Most Responsible Companies #1
• The Wall Street Journal’s World’s 250 Best-Managed Companies #12

Environmental Metrics

ESG Focus Areas

• Climate Action
• Human Rights
• Digital Equity

Environmental Achievements

• 27% reduction of value chain GHG emissions from 2019 baseline
• 40% circularity achieved for products and packaging (by weight)
• 36% of total fiber footprint addressed for paper used in products and print services

Social Achievements

• 486,000 workers reached through worker empowerment programs
• 33% of director-level and above positions globally filled by women
• 4.4% Black/African American executive representation (increased from 3.0% in June 2020)

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• HP EliteBook 1040 G10 with 90% recycled magnesium
• 49 million computers shipped in molded fiber or hybrid foam/fiber packaging
• DeskJet printers with at least 60% postconsumer recycled content plastic
• DesignJet printers with at least 35-40% postconsumer recycled content plastic

Awards & Recognition

• Corporate Knights' Global 100 (9th year)
• CDP triple 'A' rating (5th consecutive year)
• EcoVadis Platinum rating (14th year)
• MSCI ESG rating of AA
• Ranked among top five ICT companies on supply chain human rights
• Ranked ninth among 200 top businesses in digital tech sector for digital inclusion
• Best Top Hispanic Employer in the United States
• Ethisphere World's Most Ethical Companies (5th year)