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.
