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Climate Action

2022 HP Sustainable Impact Report Executive Summary

Climate Action
2022 HP Sustainable Impact Report Executive Summary

Our mission

Taking urgent and decisive action to achieve net zero carbon emissions across our entire value chain, give back more to forests than we take, and innovate our products and services for a more circular economy.

HP has a long-standing history of climate action. Our ambitious goals are designed to combat climate change by focusing on greenhouse gas (GHG) emissions, circularity, and forests. We use science-based targets to drive progress across our value chain, consistent with emission levels required to limit global warming to 1.5°C. We are committed to reaching net zero GHG emissions across our value chain by 2040.

 

Through HP’s five climate action strategic drivers—print and compute as a service, sustainable materials, supply chain decarbonization, energy efficiency, and forest investments—we aim to reduce GHG emissions and resource consumption, drive innovation, and transform our design and business models.

 

By shifting toward circular design, we are working  to increase value for customers while reducing environmental impacts. We invest in reusable, recyclable, and sustainably harvested materials  and develop innovative ways to repurpose waste materials. In 2022, we used 32,200 tonnes of postconsumer recycled content plastic in HP products—equivalent to 15% of overall plastic use. To catalyze decarbonization within our supply  chain, we help suppliers to set and meet their own goals, including science-based targets. Participants in our programs avoided 231,000 tonnes of carbon dioxide equivalent (CO2e) emissions1 and saved 40 million kWh (US$5.0 million) in 2022.

 

To help reduce deforestation, HP-brand paper  and paper-based packaging for home and office printers and supplies, PCs, and displays 2 are made from recycled or certified sources. We are going beyond our own sourcing and taking action to protect, manage, and restore forests by addressing every page printed on HP printers. Through the HP Sustainable Forests Collaborative, we are now working to counteract deforestation for the fiber of non-HP paper used in HP printing products and services.

 

HP has achieved triple “A” scores for transparency and action on climate, forests, and water security for four consecutive years, and has also been recognized as a CDP Supplier Engagement Leader. See Recognition. To drive change within and beyond our industry, we join

with other leaders in emissions-reduction efforts and goal setting, including through the Clean Energy Buyers Association, RE100, EV100, Ceres, CDP Supply Chain, and World Wildlife Fund’s, (WWF) Climate Business Network.

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Sustainable Impact goals

Carbon emissions

Goals

Reduce HP value chain GHG emissions by 50% by 2030 (compared to 2019), and achieve net zero emissions by 20403

Reduce Scope 1 and Scope 2 GHG emissions from global operations by 65% by 2025, compared to 20154

Use 100% renewable electricity in our operations by 2025

Progress in 2022

HP’s carbon footprint of 26,899,500 tonnes of CO2e was 18% less than in 2019.

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HP’s global operations produced 151,360 tonnes of Scope 1 and Scope2 CO2e emissions, 61% less than our 2015 baseline.

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HP’s global operations procured and generated 270,585 MWh of renewable electricity and attributes, equivalent to 55% of our global electricity consumption.

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SDGs

13

13

7, 13

Circularity

Goals

Reach 75% circularity for products and packaging, by 20305

Recycle 1.2 million tonnes of hardware and supplies by 2025, since the beginning of 2016

Use 30% postconsumer recycled content plastic across HP’s personal systems and print product portfolio by 20257

Eliminate 75% of single-use plastic packaging by 2025, compared to 20188

Reach zero waste in HP operations by 20259

Progress in 2022

Reached 40% circularity, by weight.6

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Recycled 879,100 tonnes.

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In 2022, we used 32,200 tonnes of postconsumer recycled content plastic in HP products—equivalent to 15% achieved.

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55% reduction, from an average of 221 grams/unit in 2018 to 99 grams/unit in 2022.

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In 2022, we achieved an 87.7% landfill diversion rate globally.

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SDGs

12

12

12, 14

12, 14

12

Forests

Goals

Counteract deforestation for non-HP paper used in our products and print services by 2030.10 Continue to source only sustainable fiber for all HP-brand paper and paper-based packaging for home and office printers and supplies, PCs, and displays.11

Progress in 2022

During the year, we addressed 32% of our total fiber footprint for paper used in our products and print services.12,13

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SDGs

13, 15

Water

Goals

Reduce potable water withdrawal in global operations by 35% by 2025, compared to 2015, focusing on high-risk sites

Progress in 2022

HP withdrew 1,946,000 cubic meters of potable water across global operations in 2022, 39% less than in 2015, while continuing to make progress on risk reduction.

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SDGs

6, 12

Highlights

  • 1.1 million MWh of renewable electricity attribute certificates purchased by HP and our suppliers during 2022, covering the majority of our highest-impact final assembly sites in China.

 

  • HP’s global operations procured and generated 270,588 MWh of renewable electricity and attributes, equivalent to 55% of our global electricity consumption.

 

  • Since 2019 and through 2022, the energy consumption of our personal systems products has dropped by 16%, on average. This includes average estimated reductions in energy consumption of 29% in notebooks, 48% in workstations, and 13% in displays.14

 

  • Through 2022, we manufactured over 5.4 billion Original HP and Samsung cartridges using a cumulative 142,000 tonnes of recycled plastic, including from recycled HP cartridges, since 2006. This has kept more than one billion Original HP cartridges and an estimated 149 million apparel hangers and 5.8 billion postconsumer plastic bottles out of landfills, instead upcycling these materials for continued use.

 

  • Arbor Day Foundation: Through our collaboration, we planted nearly two million trees during the year, focusing on landscapes in great need of preservation and restoration, and contributing to the World Economic Forum’s 1t.org initiative—a global movement to conserve, restore, and grow one trillion trees by 2030.

Working to counteract deforestation

Once the second largest forest in the world, the Atlantic forest in Brazil is a richly biodiverse region, home to many species found nowhere else on the planet. However, unsustainable agriculture, development, and logging have caused rapid deforestation, leaving the area just 12% of its original size. Learn how HP, in partnership with WWF, is helping to restore it.

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Disclaimers

  1. Reported in accordance with Corporate Knights Sustainable Economy Taxonomy (v6.0), HP included revenue from products certified to eco labels (EPEAT Gold/Silver, TCO, Blue Angel, and ENERGY STAR®), products designed using recycled materials, products that have been recycled, fixed, or resold, and products as a service with end-of-life management policies.
  2. All HP-brand paper is derived from certified sources; paper- based packaging for PCs, displays, home and office print, and supplies is reported by suppliers as recycled or certified, with a minimum of 97% by volume verified by HP. Packaging is the box that comes with the product and all paper-based materials inside the box. Packaging for commercial, industrial, and 3D products, scanners, personal systems accessories, and spare parts is not included.
  3. Absolute reduction of Scope 1, 2, and 3 GHG emissions compared to 2019. Excludes non-HP paper consumed during product use.
  4. This updated goal was validated by SBTi, and supports our broader goal to achieve carbon-neutral HP operations by 2025.
  5. Percentage of HP’s total annual product and packaging content, by weight, that will come from recycled and renewable materials and reused products and parts by 2030.
  6. Percentage of HP’s total annual product and packaging content, by weight, that comes from recycled and renewable materials and reused products and parts. 2022 data does not include the following products or packaging for these products: Scitex-branded and 3D printing products, or personal systems accessories and print accessories sold separately.
  7. Recycled content plastic (RCP) as a percentage of total plastic used in all HP personal systems, printer hardware, and print cartridges shipped during the reporting year. Total volume excludes brand-licensed products and after-market hardware accessories. Total RCP includes postconsumer recycled plastic, closed-loop plastic, and ocean-bound plastics used in HP products. Personal systems plastic is defined by EPEAT® eco label criteria. Subject to relevant restrictions on the use and distribution of materials destined for recycling and/or recycled feedstocks.
  8. Calculated as the percentage of primary plastic packaging (by weight) reduced per unit shipped. Excludes secondary and tertiary packaging components. Includes HP personal systems and printer hardware packaging. Does not include packaging for the following: Graphics Solutions hardware other than PageWide XL and DesignJet printers; 3D printing hardware; print supplies; refurbished products; and accessories such as third-party options, drop in box, and aftermarket options.
  9. Zero-waste operations: eliminate nonhazardous waste to landfill in all HP direct operations by 2025. Includes all HP-owned and -managed sites worldwide. Zero waste is defined by the UL or TRUE certification standards.
  10. Fiber by weight will be 1) certified to rigorous third-party standards, 2) recycled, or 3) balanced by forest restoration, protection, and other initiatives through HP’s Forest Positive Framework.
  11. HP-brand paper and paper-based packaging for home and office printers and supplies, PCs, and displays are derived from certified and recycled sources, with a preference for Forest Stewardship Council® (FSC®) certification. Packaging is the box that comes with the product and all paper-based materials inside the box.
  12. During 2022, HP-brand paper and paper-based packaging for home and  office printers and supplies, PCs, and displays equaled 5% of our fiber footprint. We calculate the annual tonnage for paper used in our products and print services that will be addressed through projects with civil society forestry organizations to counteract possible deforestation by taking the estimated total annual tonnage of paper consumed in the use of our printing products and print services minus the weight of such paper that we mitigate internally, through our responsible sourcing programs. See HP Forest positive accounting manual.
  13. All HP-brand paper is derived from certified sources; paper-based packaging for PCs, displays, home and office print, and supplies is reported by suppliers as recycled or certified, with a minimum of 97% by volume verified by HP. Packaging is the box that comes with the product and all paper-based materials inside the box. Packaging for commercial, industrial, and 3D products, scanners, personal systems accessories, and spare parts is not included.
  14. The average energy consumption of HP products was estimated annually between 2019 and 2022 using high-volume product lines representative of the overall shipped product volume. The high-volume personal systems product lines include notebook and desktop computers, tablets, all-in-ones, workstations, thin clients, and displays.