HP Reports Social and Environmental Performance and Goals for Fiscal Year 2008
More than 1.7 billion pounds of electronic products recovered cumulatively, global reuse and recycling vendor audits completed
PALO ALTO, Calif., HP today issued its annual Global Citizenship Report, which describes the company’s policies, programs, performance and goals for fiscal year 2008.
Among the focus areas detailed in the report are environmental sustainability, ethics and compliance, human rights and labor practices, privacy, and social investment. In 2008, HP extended its global citizenship leadership with industry firsts in supply chain transparency and environmental sustainability.
Major global citizenship accomplishments in 2008 include:
* HP was the first IT company to release the greenhouse gas emissions associated with its products manufacturing by publishing the emissions attributed to its first tier suppliers. The reporting is part of HP’s effort to offer greater transparency and encourage other companies to do more to promote supply chain responsibility.
* HP qualified for the U.S. Environmental Protection Agency’s (EPA) SmartWay logo labeling program to reduce fuel consumption, greenhouse gas and other air emissions of surface transportation carriers. HP also was the first company of the EPA’s approximately 950 SmartWay Transport Partners to qualify to have the SmartWay logo placed on its product packaging. To earn this designation, HP certified its surface transportation carrier network for consumer accessories and desktop and monitor products was composed entirely of SmartWay-compliant carriers.
* HP introduced the HP Deskjet D2545 Printer, the company’s first printer made almost entirely from recycled plastic material. Eighty-three percent of the printer’s total plastic weight is made from recycled plastics, and it uses HP 60 ink cartridges, which are molded from recycled plastic resins. Additionally, the overall packaging for this printer is 100 percent recyclable. The printer is ENERGY STAR® qualified and features HP Smart Web Printing, which lets users easily combine portions of numerous web pages onto one page to save paper.
* HP won Walmart’s environmental design challenge by replacing a PC’s conventional cardboard and plastic packaging with a reusable bag made from 100 percent recycled materials. The design reduced product packaging by 97 percent, conserved fuel and reduced CO2 emissions by removing the equivalent of one out of every four trucks previously needed to deliver the notebooks to Walmart stores and Sam’s Club locations around the country.
* HP reduced the greenhouse gas emissions associated with its energy use by 4 percent compared to 2007 in absolute terms and 13 percent normalized to revenue.(1)
“HP’s commitment to global citizenship is based on the premise that keeping our business goals and values aligned drives innovation and growth,” said Gary Elliott, vice president, Global Citizenship, HP. “Our leadership in areas such as supply chain transparency and environmental sustainability demonstrates our commitment to hold ourselves to higher standards of integrity, contribution and accountability.”
HP reuse and recycling milestones, goals and programs
HP additionally announced it has recovered for reuse 3.5 million hardware units weighing 75 million pounds (34,000 metric tonnes(2)) and increased its recycling volume to 265 million pounds (120,000 metric tonnes) globally in 2008.
With a total of 1.71 billion pounds (775,510 metric tonnes) of electronic products and supplies recovered to date – almost the total weight of the Golden Gate Bridge(3) – HP is on track to meet its goal to recycle 2 billion pounds (900,000 metric tonnes) of products by the end of 2010 (since 1987) and to reuse 450 million pounds (200,000 metric tonnes) of products by the end of 2010 (since 2003). HP’s progress includes recycling 1,435 million pounds (650,000 metric tonnes) to date, and more than 275 million pounds (125,000 metric tonnes) have been reused.(4)
HP operates product reuse and recycling services in 53 countries or territories worldwide. In 2008, it expanded its audit program for reuse and recycling vendors and posted the results of 2008 on-site audits, disclosing the summary results of the assessments of 13 reuse and 30 recycling vendors in 22 countries. HP plans to conduct an additional 55 audits of its reuse and recycling vendors in 2009 to further promote transparency.
Additional highlights from HP’s reuse and recycling programs include:
* In January, HP launched a U.S. buyback program for consumers. Through the HP Consumer Buyback and Planet Partners Recycling Program, consumers receive cash back for their unwanted PCs, monitors, printers, digital cameras, PDAs and smartphones of any brand. If there is no value, consumers can responsibly recycle their HP and Compaq-branded products free of charge.
* In November 2008, HP expanded the HP Planet Partners print cartridge return and recycling program to include HP authorized retail recycling locations for HP ink cartridge and LaserJet toner cartridge collection, in addition to other recycling options.
* HP announced an industry-first engineering breakthrough that uses recycled content – from cartridges returned through the HP Planet Partners return and recycling program as well as materials such as plastic water bottles – in the manufacture of new Original HP inkjet cartridges. Since 2005, HP has used more than 32 million pounds (14,500 metric tonnes) of recycled plastic resin(5) in more than 565 million inkjet print cartridges.(6) HP has pledged to triple the use of recycled material in its inkjet products by 2010.
* In the United States, HP was one of the first companies awarded the Green Recycling and Asset Disposal for the Enterprise (GRADE) certification by the research organization IDC in 2008.
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 www.hp.com/ecosolutions.
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.
(1) See Climate and Energy – Operations.
(2) One metric tonne is equivalent to 2,205 pounds.
(3) Total weight of the Golden Gate Bridge, anchorages and approaches as of 1986: 1,773,979,658 pounds (804,525 metric tonnes). Source: http://goldengatebridge.org/research/factsGGBDesign.php.
(4) These goals were updated this year to distinguish reuse from recycling and increase the overall amount of the target.
(5) Through the end of fiscal year 2008; at least 50 percent recycled plastic by weight, minimum 95 percent post-consumer.
(6) This is a large increase over the cumulative total HP announced in early 2008 (200 million inkjet print cartridges). HP has been working with suppliers to accurately account for the recycled content it uses. In 2008, HP reconciled recycled plastic usage from one of its large resin suppliers; that usage is now included in HP’s totals.
ENERGY STAR® is a registered mark owned by the U.S. government.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2008. HP assumes no obligation and does not intend to update these forward-looking statements.
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