HP recognizes that climate change is one of the most serious environmental and economic challenges facing the world today and that mitigating its effects must be one of the top priorities of governments, companies and people. HP supports international action to address climate change and minimize the risks of serious environmental, economic, and social impact.1

According to analysis from the Intergovernmental Panel on Climate Change (IPCC), the toll of climate change on human health and populations is on the rise—from both direct impacts such as temperature, precipitation, sea-level rise, and extreme weather, as well as indirect impacts such as changes in ecosystems and water, and air and food quality. Projected impacts include increased malnutrition and consequent disorders such as those relating to child growth and development, and an increased incidence of death, disease, and injury from heatwaves, floods, storms, fires, and droughts.2 Addressing climate change is central to drive toward global sustainability and the Millennium Development Goals.

HP believes that technology can play a pivotal role in addressing these issues. One way is by helping everyone—from consumers to enterprises—lower their energy consumption and reduce costs with energy-efficient technology products. We also believe we can apply new, more sustainable technologies to replace outmoded, inefficient processes and behaviors, as well as provide solutions for managing the emerging low-carbon economy. Technology can reengineer entire industries with new solutions that use much less energy and have a substantially smaller carbon footprint.

If we are to meaningfully address the root causes of climate change, governments worldwide must lead measures that maximize reductions in GHG emissions by 2020. Targets must be technologically and economically feasible, and be based on the best available science. But they must also stretch how we think, and what we do.

In 2011, before the 17th Conference of Parties (COP17) United Nations Climate Change Conference in Durban, South Africa, HP signed the 2°C Challenge Communiqué—a call to action for governments to reach agreement on curbing greenhouse gas emissions.

In early 2013, HP published its complete carbon footprint, making HP one of the first companies in the world to disclose this information. HP reduced its own greenhouse gas emissions from operations by 20% from 2005 to 2011, meeting its goal to do so two years earlier than expected.

In the lead-up to the December 2015 Paris Climate Conference (COP21), we signed on to the following public statements and initiatives supporting strong climate action and outcomes:

After the U.S. presidential election, HP was among more than 360 businesses and investors endorsing an open letter urging President-elect Donald Trump to honor the U.S. commitment to the Paris Climate Agreement (that number has since grown to more than 1,000). The letter called for the continuation of U.S. low-carbon policies, and investment in the low-carbon economy at home and abroad, to help keep global temperature rise below 2 degrees Celsius. Moreover, HP and the other companies signing on to the letter reaffirmed our dedication to upholding our own commitments in this area.

HP urges both the public and private sectors to join us in taking a leadership role in addressing climate change. While nations and legislative bodies must work together to develop and adopt comprehensive measures that help reduce GHG emissions, businesses are vital to driving the on-the-ground response to climate change.

Please find HP’s Climate Change Policy at http://h20195.www2.hp.com/V2/GetDocument.aspx?docname=c05320887.

HP supports the finding of the Intergovernmental Panel on Climate Change (IPCC) on the need to cut GHG emissions by up to 85% of 2000 levels by 2050. According to consensus in the scientific community, this is necessary to prevent global temperatures from increasing more than 2°C above pre-industrial levels by the end of the 21st century, and avoid the most severe consequences of climate change.

2 Source: Chapter 8: Human health. Climate Change 2007: Impacts, Adaptation and Vulnerability. Contribution of Working Group II to the Fourth Assessment Report of the Intergovernmental Panel on Climate Change, http://www.ipcc.ch/publications_and_data/ar4/wg2/en/ch8.html.