Climate change is one of the most significant and urgent issues facing business and society today. The science is clear, the impacts are serious, and the time to act is now.

At HP, we believe climate action is not just our responsibility—it is vital to the longevity of our business. We are working to ensure our business is resilient by innovating to mitigate the effects of climate change and adapting to an evolving global business and regulatory environment. We recognize that our customers, investors, and employees expect us to do our part to address the climate crisis and make our business more sustainable.

The manufacturing, delivery, and use of HP products and solutions require a substantial amount of energy and natural resources, and energy use. Our carbon footprint covers our entire global value chain, from suppliers¹ to our operations and our millions of customers worldwide. We were the first IT company to publish a full carbon footprint, and we continue to measure and manage our environmental footprint across the value chain, continually pursuing areas of improvement. We use greenhouse gas (GHG) emissions–reduction strategies across our value chain to achieve our science-based targets.

Efforts in supply chain

Our production and nonproduction suppliers are essential partners as we work to drive net zero carbon and improved resource efficiency throughout the value chain. For more than a decade, we have worked closely with our suppliers to improve their environmental programs and report progress transparently.

We request 98% of our production suppliers (by spend) as well as strategic nonproduction suppliers, disclose key qualitative and quantitative environmental management information and impacts through our CDP Supply Chain membership. This includes GHG emissions and goals, total and renewable energy use, water withdrawal, climate and water risks, and governance.

Greenhouse gas emissions 

Through our Sustainable Impact Scorecard, we set requirements for our production suppliers, including related to energy use and GHG emissions performance and disclosure. In 2022, we continued engaging with these suppliers to drive positive change, for example by providing training outlining our environmental expectations.

We continue to deepen engagement with suppliers representing GHG emissions “hot spots” in our supply chain - such as LCD panels, printed circuit board assemblies, and memory and storage—identified through life cycle assessments (LCAs) and directly collected data. In 2022, this included procurement-driven workshops with 31 suppliers, representing about 75% of HP’s production spend. Focus areas included setting science-based targets and increasing renewable energy use.

To ensure our suppliers’ climate action ambitions align with our own, since 2018, through our Sustainable Impact Scorecard, we have required them to set science-based GHG emissions–reduction targets. In 2022, we worked closely with suppliers of high–GHG impact commodities and with the final assembly suppliers who make our personal systems, print hardware, and printing supplies, to support them to engage with SBTi and set validated targets.

We have worked with suppliers since 2018 to encourage renewable energy sourcing and reporting. In 2022, 1.1 million MWh of renewable electricity attribute certificates were purchased by HP and our suppliers, covering the majority of our highest-impact final assembly sites in China. Beyond advances in our own supply chain, during 2022 we also worked with other organizations to accelerate cross-sector improvements:

• We joined the 2022 CDP Science-Based Targets Campaign (as we had in 2021) and co-signed a letter to a large number of companies—including many in our supply chain—urging them to set SBTi-validated GHG emissions–reduction goals
• To support local demand for renewable energy in countries where some of our suppliers are based, we worked with the U.S. Department of State through the Clean Energy Demand Initiative to produce letters of intent to those countries, which were presented at the COP26 conference in 2021. In 2022 we continued to support this engagement

Since 2021, HP has been closely engaged in the development of robust new standards for the EPEAT^® eco label, which will apply to our printing and personal systems products. The EPEAT^® climate criteria were recently published, with additional criteria still in development. These standards will include supply chain environmental criteria, which will influence the IT industry to address supply chain GHG emissions, water use, and waste.

More broadly, through CDP, our production suppliers reported savings of 19 million tonnes of CO₂e and US$552 million from reduction initiatives implemented in 2021.² This demonstrates the scale of ongoing GHG emissions–reduction activities throughout our production supply chain, regardless of whether driven by HP’s engagement.

Product transportation

To improve efficiency, cut costs, and reduce negative environmental impacts, we work to optimize our logistics network by consolidating shipments, identifying new routes, and shipping directly to customers or local distribution centers.

HP is engaged in several programs to reduce GHG emissions across our logistics network. We continue to use sustainable logistics fuels for some shipments from Asia to the United States and Europe, and we expanded the program to some routes to Latin America beginning in 2022. We are also exploring opportunities to implement sustainable aviation fuel for airfreight shipments.

We require product transportation suppliers to use the Global Logistics Emissions Council Framework to provide standardized calculations and data that account for variation in different locations. To drive progress across the industry and beyond, we are working with the Clean Cargo Working Group, the Smart Freight Centre, the Sustainable Freight Buyers Alliance, the International Council on Clean Transportation, and the U.S. Environmental Protection Agency (EPA) SmartWay program.

HP continues to use SmartWay partners for 100% of our products shipped by truck in the United States and Canada.3 The program aims to help improve road transportation efficiency and reduce GHG and other emissions.

Reducing packaging size and weight also has the potential to decrease GHG emissions associated with product transportation.

Efforts in operations

At our 159 sites in 56 countries around the world, we are taking action to reduce our GHG emissions, energy consumption, water withdrawal, and waste generation.

Most of our GHG emissions from operations are related to the energy used to power our facilities. To save money, drive progress toward our goals, and reduce our climate impacts, our strategy is to:

• Aggressively reduce energy consumption through optimization and efficiency projects
• Increase on-site generation of renewable power
• Procure off-site renewable power, including renewable energy credits (RECs), utility supplier green power options, and power purchase agreements (PPAs)

Energy use is a significant operating expense for HP and the main driver of our climate impact from operations. In 2022, we implemented 77 low- or no-cost operational changes and 15 capital-funded energy conservation projects that are projected to reduce future annual energy consumption by 9,416 MWh. Examples of the capital-funded projects include: 

• San Diego, California, United States: Upgraded the ventilation systems for 10 laboratories at our site, including the conversion of 24 fume hoods from 24/7 constant exhaust to variable exhaust. We also installed devices to close the front windows of fume hoods automatically when not in use. This initiative is projected to save 522 MWh of electricity annually and 2,736 MWh of natural gas, with a 2.7-year payback period
• Boise, Idaho, United States: Completed a retro-commissioning project, projected to save 2,637 MWh of electricity annually, with a 1.2-year payback period

By 2025, we aim to use 100% renewable electricity to power our global operations. In 2022, we procured and generated 270,585 MWh of renewable electricity globally (15% wind, 75% solar, 1% hydro, and 10% other).⁴

Building on previous renewable energy initiatives, such as the solar-covered roof at our Palo Alto, California, United States, headquarters (a feed-in tariff project), HP constructed three on-site renewable energy projects in 2022, adding solar panels to rooftops and parking areas that contributed to a reduction in GHG emissions. The largest project, located in Penang, Malaysia, is expected to generate 2,720 MWh annually, equivalent to approximately 6% of the Penang site’s electricity usage.

HP has sites in many energy markets where direct procurement of renewable energy is either not allowed or is not financially feasible. In these cases, HP is investigating virtual PPAs (VPPAs) to support our renewable energy goals and to help add new renewable energy to decarbonize power grids around the world.

Our goal is to reduce GHG emissions from HP-owned or leased auto fleet vehicles by 25% by 2025, compared to 2015. We also aim to achieve a 100% EV company fleet by 2030. We started our first EV fleet pilots in the Netherlands in October 2020 and have since introduced EV choices in seven countries.

To decrease emissions associated with business travel, we provide employees with low-impact travel choices through collaboration with travel providers, planning tools, and transportation alternatives. In 2022, we expanded these efforts by becoming the first North American corporation to partner with Lufthansa airline’s Compensaid program, offsetting employee flights through the purchase of sustainable aviation fuel (SAF). Of our total business air travel footprint of 15,300 tonnes of CO₂e in 2022, we mitigated 480 tonnes through SAF purchases. This partnership highlights HP’s commitment to collaborations that signal support of sustainable innovation in the corporate travel industry.

Efforts in products and solutions

Energy consumed by our products during use is among the largest contributors to our carbon and water footprints. To help our customers decrease energy consumption and GHG emissions, we design for energy efficiency and offer convenient, service-based solutions that are designed to deliver increased value to customers through reduced environmental impact and capital costs. We use multiple metrics to assess progress and drive improvement.

HP uses LCA and product carbon footprinting (PCF)⁵ to quantify the environmental impacts of our products, analyze possible alternatives, and target product performance improvements that deliver value to our customers and our business. We have conducted LCAs and PCFs of hundreds of products over the last several years, spanning our product portfolio. As we develop and expand our service-based models (which we refer to as circular business solutions), we will continue to study and quantify the potential they have to reduce environmental impacts and drive progress toward a circular and net zero carbon economy. In 2022, we:

• Conducted or updated 83 LCAs of DesignJet printers, scanners, enterprise printers, and cartridges
• Completed 183 PCFs of new business HP desktops, notebooks, tablets, workstations, thin clients, all-in-one computers, and displays
• Certified our process to generate personal systems PCFs in accordance with ISO 14040 and ISO 14044, following third-party review 
• Developed a new LCA tool for cartridge products that calculates environmental impacts throughout the product life cycle using complete cartridge materials data. This replaces our prior approach, which focused on the product use phase 
• Completed an ISO 14067–compliant, peer-reviewed LCA that demonstrated the potential to decrease GHG emissions associated with molded fiber packaging tooling, by switching from metal parts produced using milled aluminum to lighter parts produced with HP 3D printing, using castor oil–based PA11. The LCA compared two conventional tooling sets made from machined metal with two HP Advanced Transfer Tooling sets produced with HP Multi Jet Fusion 3D printing technology, and demonstrated a possible reduction in carbon footprint of 60%–78%

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.⁶ Ongoing design improvements, including more efficient CPUs, panels, and power supplies, contributed to continued reductions in the typical energy consumption of our notebooks and workstations.

Original HP Toner Cartridges with HP EcoSmart black toner deliver more energy-efficient printing of premium-quality pages.⁷ When HP EcoSmart black toner became available in 2019, this new toner formulation contributed to customers using an average of 20% less energy when printing compared to predecessor printing systems not using HP EcoSmart black toner.

HP Color LaserJet Managed MFP E877 Series printers are EPEAT^® Gold registered and ENERGY STAR^® certified and consume 17% less energy than their predecessor. In addition, HP+ products help businesses advance their climate initiatives through certified carbon neutral printing for the product use phase.⁸

HP’s latest PageWide Web Press inkjet printing solution, HP PageWide A2200, uses High-Efficiency Drying (HED) technology to reduce power usage, which is a significant contributor to the carbon footprint of a printed job. HED maximizes moisture removal at high speed and uses heat efficiently by recirculating up to 80% of hot air. This process uses up to 60% less power per page compared to the earlier HP T250 HD model.⁹ Lower power usage per page should lead to a reduction in customer-purchased electricity, and therefore a reduction in GHG emissions.¹⁰

Circularity

Design plays a critical role in determining a product’s environmental impacts. We apply rigorous design principles to improve the environmental performance of our products across their life cycles. In 1992, we developed our Design for the Environment program (now called Design for Circularity) to formally consider factors impacting sustainability performance throughout the product design and development phases.

We use a science-based approach to evaluate our products, identify and prioritize improvement opportunities, and set goals. In 2022, we joined the Circular Electronics Partnership (CEP) to align with other industry leaders in better understanding how to use circular solutions to address complex challenges, such as increasing the use of recycled steel in electronics.

Among our main design priorities, we work to increase the use of recycled and renewable materials; practice responsible chemistry; enhance product repairability, reusability, longevity, and recyclability; continually improve product energy efficiency; and build in accessibility features.

Product design and development operations for our personal computing products, LaserJet Enterprise Solutions, and InkJet Printing Solutions are ISO 14001 certified. We conduct internal compliance audits and benchmark against industry best practices on an ongoing basis.

Materials

HP proactively identifies and evaluates materials used in our products and throughout our supply chain. We prioritize materials for replacement, or for transition to a recycled or renewable alternative, based on environmental, social, and supply impacts.

For more than two decades, we have worked to move the electronics industry toward safer alternatives to materials of concern. We assess published lists of substances of concern, customer preferences, emerging regulations, and sound scientific analysis concerning potential impacts on human health or the environment. This approach also improves product circularity by supporting reusability and recyclability.

We are both a supplier and a user of recovered materials, incorporating recycled and recyclable content into new HP products. This helps to accelerate global market development for recovered and recycled materials in order to support progress toward a circular economy. More than 95% of home and office printers, laptops, notebooks, displays, and workstations shipped to customers in 2022 included recycled materials.

We largely focus on increasing recycled plastic use, due to issues related to plastic waste and pollution. During 2022, we used a total of 32,200 tonnes of postconsumer recycled content plastic in HP products, equivalent to 15% of overall plastic use. For personal systems, this included an increase from 15% of overall plastic use in 2021 to 22% in 2022.

28 million meters of cord was avoided in 2022 because about 70% of inkjet printers and 3% of LaserJet printers were shipped without USB cords and many of the others were shipped with shorter USB cords.

Metal also plays an increasingly important role in our approach to circularity, especially since metals make up a large portion of the materials in our personal systems and print products. We continue to expand the use of recycled metal in our products. We are working with suppliers to source metals with a high proportion of recycled content for 

some personal systems products, including up to 75% recycled content aluminum and up to 90% recycled content magnesium. These metals are more likely to be recyclable through existing infrastructure than materials such as carbon fiber, and still meet the demanding industrial design requirements of our products.

HP focuses on sourcing renewable¹¹ materials in the interest of protecting ecosystems and resources for future generations. We continually explore the use of other renewable materials. For example, we are evaluating the sustainability attributes of plastics that incorporate biobased feedstocks instead of fossil fuels and have created criteria to guide the product development teams as they choose materials for new products. Every bio-feedstock must be individually evaluated using an LCA to fully understand its environmental and social impacts and confirm that it is less impactful than the material it would replace.

In 2022, we used 873,500 tonnes¹² of materials in our products and packaging, 9% less than in 2021. This was due shipment volumes, increased materials efficiency through product design, a shift to lighter printers, and solutions such as HP Continuous Ink Supply System (CISS), HP Continuous Toner Supply System (CTSS), and HP Instant Ink, which reduce material usage. Of the materials we used in 2022, 40% were circular (reused, recycled, or renewable).

Forests

Our goal to counteract deforestation for non-HP paper used in our products and print services by 203013 is part of our plan to scale up investment in forest restoration, protection, and other initiatives under the HP Sustainable Forests Collaborative. HP’s aggressive goals not only focus on HP-brand paper and packaging, but also address deforestation that goes beyond our fiber sourcing to include the paper used in HP printing products and services.

HP’s path to forest positive focuses on five key areas:

• Engineering efficient paper consumption - Through the design of our printers and software, we enable thoughtful paper consumption and help customers print more responsibly
• Responsibly sourcing HP paper and packaging - We require that all HP-brand paper, paper-based packaging, and wood in products are derived from recycled or certified sources. We continue to give preference to suppliers that demonstrate a commitment to responsible sourcing, such as those that use products certified by the FSC^®, the Programme for the Endorsement of Forest Certification (PEFC™), or other relevant national certification schemes that comply with our Sustainable Paper and Wood Policy
• Protecting, managing, and restoring forests - Our ambitious vision for forests extends to the impact on forests from paper produced by other brands that is used in HP products. We are partnering closely with NGOs like WWF, Conservation International, and the Arbor Day Foundation on projects around the globe that help forests
• Supporting development of science-based targets - To maximize the positive impact of our forest projects, we follow a broad, science-based strategy. In partnership with WWF and regional stakeholders, we created a methodology for understanding the downstream paper use from our printers and setting relevant forest targets to address these forest impacts
• Influencing industry partners to inspire forest positive action - The HP Sustainable Forests Collaborative brings paper manufacturers together in a single consortium to share research, support one another’s efforts, and report progress. Each Sustainable 
• Forests Collaborative company is committed to responsible sourcing and supply chains, and shares data on the volume of sustainable materials in its operations

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

For further information on our climate strategy, collaboration efforts and performance, please see the 2022 HP Sustainable Impact Report at: www.hp.com/go/report.

¹ Carbon and water footprint data presented in this section related to our production suppliers (except for HP-brand paper) is calculated using product life cycle assessment (LCA)-based estimates for materials extraction through manufacturing and product transportation.

² These are the total GHG emissions reductions and financial savings reported by suppliers through CDP, not amounts calculated by or attributable to HP.

³ Due to COVID-19, in limited cases SmartWay partners were not available during 2022.

⁴ Data does not add up to 100% due to rounding.

⁵ We conduct PCFs, a subset of LCAs, of business HP desktops, notebooks, tablets, workstations, thin clients, all-in-one computers, and displays to better understand the performance of individual products and our overall portfolio. These estimate total GHG emissions associated with a product over its lifetime and include emissions from materials extraction, manufacturing, distribution, use, and end-of-life management. To assess and report our complete personal systems PCF, we extrapolate these results to cover 99% of overall personal systems product sales (by unit and by revenue) during the reporting year.

⁶ 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.

⁷ HP calculations based on ENERGY STAR® normalized TEC data comparing the HP LaserJet 200–500 series with predecessor printing systems not using HP EcoSmart.

⁸ HP+ products have a CarbonNeutral Usage Certification from Climate Impact Partners hp.com/hp-plus-carbonneutral. Usage covers electricity for the printer and life cycle emissions for the cartridge, but not manufacturing, distribution, or emissions associated with paper production. For more information see The CarbonNeutral Protocol from Climate Impact Partners.

⁹ All estimates based on power measurements on the HP PageWide A2200, comparing average power used during printing (or running power) vs. the HP T250 HD. Results will vary based on press configuration, print speed, media types, print mode, color profiles, and print quality requirements. Page = one page front and back.

¹⁰ Carbon emissions will vary based on printing settings, local energy grid, logistic routes, etc.

¹¹ As defined in the GRI Sustainability Reporting Standards, renewable material is “material derived from plentiful resources that are quickly replenished by ecological cycles or agricultural processes, so that the services provided by these and other linked resources are not endangered and remain available for the next generation.”

¹² 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.

¹³ 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.