The principles of good global citizenship are evident in HP's founding values and integral to our goal to be the world's leading information technology company. They guide our commitment to balance our business goals with our impacts on society and the planet while responding to our stakeholders' expectations for greater transparency.
Being a good global citizen also strengthens our business. It helps differentiate HP from competitors and contributes to our success in anticipating and meeting customer expectations. Increasingly, customers are emphasizing issues such as energy efficiency and responsible product recycling in their purchasing decisions. Responding to these growing market opportunities drives innovation within HP and helps us improve performance or reduce costs in areas ranging from how we design products and manage our supply chain to how we run our operations and build partnerships.
For example, when complete and fully optimized we anticipate yearly cost savings related to energy reduction through HP's data center consolidation efforts of up to $25 million per year. Additionally, we expect annual savings of up to $7.7 million from using HP Web Jetadmin and Universal Print Driver, which will help us to achieve our goal for 80 percent of general office printing and copying to be double-sided by the end of 2008.
Global citizenship is vital to compete successfully in the world economy. Our preparation for emerging legislation and regulations, as demonstrated by our track record of environmental compliance and leadership, enables us to maintain access to markets. Demonstrating good global citizenship is also critical to attracting and retaining top talent in a highly competitive employment environment.
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