HP addresses critical social needs through a powerful union of innovation and collaboration, measuring our progress by the positive impact our programs have. In 2011, we plan to begin reporting metrics that showcase:
- The social impact of our programs
- The business impact our programs have on our company
- The operational excellence of our programs
Although many benefits of our social innovation programs cannot be measured purely in terms of dollars spent or products and services donated, we do understand the importance of tracking and reporting our financial investments. The total value of our social investments, including contributions from HP's business units for social projects, was approximately $44.9 million USD in 2010.
Social investments, 2006–20101 [million $USD]
|Percentage of pre-tax profits||0.64%
|Products and services3||$28.1
We currently report employee volunteerism and contributions data from U.S. employees only.
Employee giving in the United States, 2007–2010
|Employees participating in our U.S. Employee Giving Program||5700
|Value of cash donated by U.S. employees [million $USD]||$3.0
|Value of cash from Hewlett-Packard Company Foundation matched funds [million $USD]||$2.0
|Value of products donated by U.S. employees [million $USD]3||$1.9
|Value of products from HP matched funds [million $USD]3||$6.5
|Total value of cash and products donated including HP and Hewlett-Packard Company Foundation matched funds [million $USD]4||$13.4
- 1 Data excludes contributions to the Hewlett-Packard Company Foundation and employee donations, but includes HP's matching contributions and contributions from the Hewlett-Packard Company Foundation to other organizations. Prior to 2010, HP did not report contributions from the Hewlett-Packard Company Foundation to other organizations as a part of this data. All years represented in this chart have been updated to reflect these contributions.
- 2 Due to rounding of this total, the sum of the constituent parts of this figure listed under the types of investments below does not match this figure.
- 3 Product donations are valued at the Internet list price. This is the price a customer would have paid to purchase the equipment through the HP direct sales channel on the Internet at the time the grant was processed.
- 4 Hewlett-Packard Company Foundation cash matching began in 2007.