HP releases 2021 Sustainable Impact report
June 15, 2022
HP published its 2021 Sustainable Impact Report, highlighting the early progress the company is making in these areas.
One of HP’s key findings is that Sustainable Impact is a growing business imperative. In 2021, HP saw $3.5 billion (€3.34 billion) in new sales tied to Sustainable Impact objectives, more than triple the amount in 2020.
Additional findings included that HP reduced its carbon footprint by 9% compared to 2019 and reduced single-use plastic packaging by 44 percent since 2018. The report also said that HP pledged to reach 75% circularity for products and packaging by 2030, meaning 75% of HP’s total annual product and packaging content, by weight, will come from recycled and renewable materials and reused products and parts. HP reached 39% circular by weight in 2021. More than 300 different HP products around the world now contain a small amount of ocean-bound plastics.
HP is the first Fortune 100 tech company to commit to achieving 50/50 gender equality in leadership by 2030. The report showed that in 2021, women represented 32.5% of director level and above positions globally. Women also represented 22.7% technical and engineering roles at HP, on track to achieve greater than 30% by 2030.
To read the full report click here.
Categories : Around the Industry
Tags : Achievements Goals HP Inc Sustainable Impact Report Sustanability