The science is clear, and the time to act is now. The 2021 Intergovernmental Panel on Climate Change report, Climate Change 2021: The Physical Science Basis demonstrates that making dramatic progress this decade is critical.  As UN Secretary-General António Guterres noted, the publication is a ”code red for humanity".

In April 2021, we announced our ambitious climate agenda, and set new goals across our value chain to combat climate change, focused on GHG emissions, circularity, and forests. We use science-based targets to drive progress across our business, consistent with emission levels required to limit global warming to 1.5°C. HP’s five climate action strategic drivers—print and compute as a service, sustainable materials, supply chain decarbonization, energy efficiency, and forest investments—are intended to decouple growth from GHG emissions and resource consumption, drive innovation, and transform our design and business models.

By shifting toward circular design principles, we are working to increase value for customers while reducing environmental impacts across the value chain. During 2021, we used a total of 32,000 tonnes of postconsumer recycled content plastic in HP products—equivalent to 13% of overall plastic use.

To decarbonize our supply chain, we continue to increase engagement with HP suppliers. We provide support to help them set and meet their own goals, including science-based targets. Participants in our programs avoided 81,000 tonnes of CO2e emissions and saved 31 million kWh (US$3.9 million) in 2021.

Since 2016, HP brand paper has been derived from recycled or certified sources, and since 2020 this has also been the case for paper-based packaging for home and office printers and supplies, PCs, and displays.¹ We are now working to expand beyond our own value chain and counteract deforestation for the fiber of non-HP paper used in HP printing products and services through the HP Sustainable Forests Collaborative. In 2021, we pledged US$80 million to support the World Wildlife Fund (WWF) to help address potential impacts on forests from paper used in printing with HP printers by 2030. 

To drive systemic change, we engage in advocacy, advancing policies that support collective progress. To extend our influence, we join with leading companies in emissions-reduction efforts, policy engagement, and goal setting, including through the Clean Energy Buyers Association, RE100, Ceres, CDP Supply Chain, and WWF’s Climate Business Network.

Please find HP’s Climate Action Policy Position at http://www8.hp.com/us/en/hp-information/global-citizenship/governance/policies.html.

For further information on our climate strategy and collaboration efforts, please see the 2021 HP Sustainable Impact Report at: www.hp.com/go/report.

¹ 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.