HP Joins WWF’s Global Forest and Trade Network

Pledges to help save the world’s forests

WASHINGTON, HP today announced it has joined the Global Forest & Trade Network in North America (GFTN-NA), a World Wildlife Fund (WWF) initiative linking more than 300 companies globally that share a commitment to responsible forestry.

By becoming a member of the GFTN, HP has committed to progressively increase the amount of responsibly harvested fiber used in its paper products and sold globally. HP has set a target of 40 percent of its paper sales from Forest Stewardship Council-certified or post-consumer recycled sources by 2011.

As part of meeting these goals, HP will be engaging with suppliers and informing customers of its commitment. WWF will provide technical assistance toward reaching these goals.

“For more than 50 years, HP has been a leader in environmental sustainability, delivering solutions that help customers reduce their environmental impact,” said Glen Hopkins, vice president, Global Media Business, HP. “We look forward to working closely with WWF to demonstrate the importance of responsible and sustainable forest management practices.”

Carbon emissions from deforestation and forest degradation are a main cause of climate change. Joining the GTFN is part of HP’s commitment to mitigating climate change by reducing its carbon footprint across its business operations, products and supply chain.

“Every year, more than 30 million acres of natural forest are destroyed to meet the growing demand for wood and agricultural products,” said Suzanne Apple, vice president, Business and Industry, World Wildlife Fund. “With this new relationship, HP is helping to protect the world’s forests by sourcing and trading responsible forest products.”

HP sells more than 280,000 tons of paper annually, including HP Everyday Papers, small- and large-format papers, photo media and other branded media products to a global market with a concentration in North America and Europe. HP papers are sold in office supply and retail stores throughout North America, including Wal-Mart, Office Depot, Staples, Target and FedEx Office (formerly FedEx Kinko’s).

HP and the environment

For decades HP has been an environmental leader, driving company stewardship through its HP Eco Solutions program, which spans product design, reuse and recycling as well as energy and resource efficiency. HP influences industry action by setting high environmental standards in its operations and supply chain, by providing practical solutions to make it easier for customers to reduce their climate impact and through its research on sustainability solutions that support a low-carbon economy. More information is available at http://www.hp.com/ecosolutions.

The Forest Stewardship Council (FSC) is an international, not-for-profit organization established to promote the responsible management of the world’s forests. FSC is a certification system that provides internationally recognized standards, trademark assurance and accreditation services to companies, organizations, and communities interested in responsible forestry.

About World Wildlife Fund

WWF is the world’s largest conservation organization, working in 100 countries for nearly half a century. With the support of almost 5 million members worldwide, WWF is dedicated to delivering science-based solutions to preserve the diversity and abundance of life on Earth, stop the degradation of the environment and combat climate change. Visit www.worldwildlife.org to learn more.

The Global Forest & Trade Network (GFTN) is WWF’s initiative to eliminate illegal logging and drive improvements in forest management while transforming the global marketplace into a force for saving the world’s valuable and threatened forests. First established in 1991, the GFTN is the world’s longest-running and largest forest and trade program of its kind – assisting hundreds of companies in evaluating their procurement and implementing appropriate action plans to ensure sustainable supply. By facilitating trade links between companies committed to responsible forestry, the GFTN creates market conditions that help conserve forests while providing economic and social benefits for the businesses and people that depend on them. With combined annual sales of $64 billion, trading by GFTN participants represents 16% of all forest products bought or sold internationally every year. Read more about the GFTN’s work on supporting responsible forest management and trade at www.worldwildlife.org/naftn.

About HP

HP, the world’s largest technology company, simplifies the technology experience for consumers and businesses with a portfolio that spans printing, personal computing, software, services and IT infrastructure. More information about HP (NYSE: HPQ) is available at http://www.hp.com/.