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Social innovation

Social innovation

As one of the largest global communities, HP can make fundamental differences to how people live their lives. Innovative technology, a host of transferable skills in management and collaboration, and our amazing HP volunteers represent a potent force for change. At HP, innovation in education, entrepreneurship education and employee volunteerism were our primary focus areas in 2009. You’ll find many amazing examples of our programs here. But it’s not just about improving education in individual cases this month or this year; it’s about leaving a legacy of real and lasting change.

–Gabriele Zedlmayer, vice president, Office of Global Social Innovation

Highlights

More than $30 million
in education grants and programs
Nearly $6.7 million
to support entrepreneurship education worldwide
$11.3 million
in contributions by HP employees, and matching by HP and the HP Company Foundation. (Please see Performance) for a detailed breakdown of contributions

We apply our global reach, broad portfolio of products and services, and the expertise of our dedicated employees to support programs that align with our business goals and our citizenship commitment.

In 2010, we are expanding our definition of social innovation to include a commitment to healthcare in addition to a continued focus on innovation in education, entrepreneurship education and employee volunteerism.

In 2009, we focused our activities in three areas:1

In 2009, HP contributed approximately $52.2 million in cash, technology and services, representing 0.55 percent of our pre-tax profits, to support these three areas, bringing the total to more than $236 million over the past five years.2

Below is a map summarizing the geographical reach of our activities in 2009. (For more detailed data about our social investments, see Performance.)

Partial list of social investment locations during fiscal year 2009*
Map
» View data
* Dots represent programs in that country. Could be multiple locations.
  1. 1 All reporting on grant recipients’ activities is based on the information provided by the grant recipients.
  2. 2 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.