At HP, climate action spans three key areas—carbon emissions, circularity and forests—making our strategy one of the most comprehensive in the technology industry. This three-pronged approach focuses on reducing carbon emissions—a main driver of climate change, increasing circularity—which reduces emissions from resource consumption, and investing in forests to sequester carbon and create more resilient ecosystems.

HP’s ambitious climate action goals focus on halving our Scope 1, 2 and 3 emissions by 2030, compared to 2019, and achieving net zero emissions across our entire value chain by 2040.¹ 

HP is reinventing the way products are designed, manufactured, used and recovered as we shift our business model and operations toward a net zero carbon, fully regenerative economy. Working with our supply chain partners, we are reducing the environmental impact of our products at every stage of the value chain.

Forests have the power to mitigate the climate crisis, while deforestation accelerates it. Beyond exacerbating climate change, deforestation poses a threat to biodiversity, water security and the livelihood and wellbeing of local and indigenous communities. As part of our climate action strategy, we’re counteracting deforestation for non-HP paper used in our products and print services² while maintaining zero deforestation for HP paper and paper-based packaging.³

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

For further information, please see the 2024 HP Sustainable Impact Report at: www.hp.com/go/report.

¹ Absolute reduction of Scope 1, 2, and 3 GHG emissions compared to 2019. Excludes non-HP paper consumed during product use. As of November 2024 these goals were approved by the Science Based Targets initiative (SBTi). SBTi validated long-term target is for 90% reduction in Scope 1, 2, and 3 emissions by 2040.

² 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. Paper does not include fiber-based substrates for HP industrial presses not listed in HP Media Solutions Locator catalogues.

³ HP brand paper and paper-based product packaging 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 (including packaging and materials) inside the box.