Climate change is one of the most significant and urgent issues facing businesses and society today. The science is clear, the impacts are serious, and the need to act is essential. At HP, we see the need to act not only as our responsibility, but vital to the longevity of our business. HP is working to ensure that our business is resilient, innovating to mitigate the effects of climate change, and adapting to an evolving global business and regulatory environment. We recognize that our customers and investors expect us to do our part to address climate change and sustainability.
HP supports the Paris Climate Agreement as originally adopted by consensus in December 2015, participation in the United Nations Framework Convention on Climate Change, and other global efforts to address climate change. In June 2017, HP signed the “We Are Still In” open letter to the international communities and parties to the Paris Agreement committing to remain actively engaged as part of the global effort to hold warming to below 2 degrees Celsius. And in December 2019 HP signed onto “United for the Paris Agreement” an open letter urging the U.S. Government to Stay in the Paris Agreement. In May 2020, in light of the COVID-19 epidemic, HP signed onto ”Recover Better” along with other Science-Based Target initiatives (SBTi) member companies calling on governments and policymakers to match corporate ambitions in their recovery efforts aligned with reaching net-zero emissions well before 2050.
HP supports national governments’ commitments to the Paris Agreement and participation in the United Nations Framework Convention on Climate Change (UNFCCC). We encourage actions by all countries to enact policies that mitigate climate change and help transition to a low-carbon economy, guided by technologically and economically feasible targets based on the best available science. We support market-based approaches that provide transparency and accountability, promote innovative technologies to lower carbon footprints (such as the Internet of Things and additive manufacturing), and encourage renewable energy sources.
To extend our influence within and beyond our industry, we join leading companies in GHG goalsetting and reduction efforts including Renewable Energy Buyers Alliance, RE100, CDP Supply Chain, and WWF Climate Savers.
Please find HP’s comprehensive Climate Action Policy Position at http://www8.hp.com/us/en/hp-information/global-citizenship/governance/policies.html.