Hewlett Packard (HP)

Hewlett Packard (HP)

Community, Environment

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HP is a technology company that operates in more than 170 countries around the world. We explore how technology and services can help people and companies address their problems and challenges, and realize their possibilities, aspirations and dreams. We apply new thinking and ideas to create more simple, valuable and trusted experiences with technology, continuously improving the way our customers live and work.

HP is committed to being a leader in global citizenship. We are proud of our efforts as global stewards, helping to reduce environmental impacts, raise standards in HP's global supply chain and investing in communities to help people learn, work and thrive. We conduct our business with uncompromising integrity and strive to live up to every one of our commitments to our customers, partners, employees and shareholders. Furthermore, we believe that with global reach comes global responsibility. We take our role seriously by being an economic, intellectual and social asset to each community in which we do business. http://www.hp.com/hpinfo/globalcitizenship

Programs

Designing for the Environment How may resources be preserved? HP has always understood the value of protecting the earth. As the challenges facing our environment grow, so does our commitment to creating the solutions. It's who we are, and what we do. For decades HP has worked to manage its environmental impact by adopting environmentally responsible practices in product development, operations and supply chain. The company strives to be a global leader in reducing its carbon footprint, limiting waste and recycling responsibly. HP’s efforts earned it recognition as one of Fortune Magazine’s ”Ten Green Giants” in April 2007. More information about the company’s work in relation to the environment is available at www.hp.com/environment.

Social Investment Through social investment, a company can have a meaningful and lasting impact on the lives and livelihood of people around the world. It can also receive significant benefits in return, including stronger relationships and enhanced reputation with stakeholders, heightened visibility of its brand, and deeper engagement and satisfaction of employees.

HP has a long history of enriching the communities where we work and live. We donate money, technology and time to underserved communities with pressing needs as well as to global and local initiatives relevant to our business and the expertise of our employees.

We continually refocus our strategy to align our social investment more closely with our business objectives as they evolve. In 2007, our programs addressed three main areas:

Educational achievement—helping educators use technology to improve teaching and enhance learning, and increasing access to technology in education from kindergarten to the university level Economic development—accelerating economic development in underserved communities, particularly through training and technology support for microenterprise development Environmental sustainability—supporting projects that benefit the environment and complement our global citizenship priorities

Moving forward, we will further align our investments with education, focusing on student achievement and entrepreneur success.

In 2007, we invested $47.1 million in educational, economic development and environmental projects and other local community investments around the world, representing 0.51 percent of our pre-tax profits (see Performance). In the last five years, the value of our social investment totaled more than $262 million.

HP also made donations to support disaster relief efforts around the world. And, HP employees contributed their own funds toward disaster relief to aid victims of the 2007 wildfires in Southern California and also support the American Red Cross Disaster Relief Fund. The employee contributions were augmented by a cash matching program funded by the HP Company Foundation, an independent charitable organization that makes cash grants to support non-profit organizations and educational institutions. During 2007 the HP Company Foundation made donations to support several disaster relief efforts, including a $2 million contribution to the American Red Cross California Wildfires Relief Fund.

In 2007, we also demonstrated our commitment to social investment by:

-Increasing the consistency of our programs across regions and improving how we measure and evaluate program results (see Measuring impact). -Launching new projects in countries around the world, including Brazil, China, India and Russia, important emerging economies for HP -Extending our learning communities (online networking and information resources) for grant recipients in all regions

Read about employee giving and volunteerism in our Employees section.

News & Events

HP commits to further GHG emissions reductions in joining WWF Climate Savers

13 Feb 2008 HP, one of the world's largest IT companies, has pledged to reduce the emissions from its own operations and the use of its products to 6 million tonnes (20%) below 2005 levels by 2010.

Progress towards this goal, a commitment entered into in joining the World Wildlife Fund/WWF Climate Savers program, has been so significant that HP is now looking to define new goals.

In energy terms, HP has now committed itself to reduce energy consumption by 15 percent in its operations from 2005 levels, while achieving a 25 % reduction in the energy used by its products and operations combined below 2005 levels by 2010. Even with an increase in revenues, total energy use was down 19.2 % below 2005 levels by October 2007.

“WWF commends HP for its strong commitment to energy reductions—not only within its own operations, but in placing a strong emphasis on increasing energy efficiency in its products,” said Carter Roberts, WWF-US President and CEO. “HP’s bold actions should serve as a model for other technology companies seeking to transform the way they do business to help protect the planet.”

“HP has been an environmentally-sensitive company for decades; it’s simply part of our culture and DNA,” said Mark Hurd, Chairman and CEO, HP. “We take a leadership role in climate change initiatives like WWF Climate Savers, and we will continue to seek innovative ways to reduce our carbon footprint."

HP’s announcement comes as companies from around the world gathered to discuss business strategies to reduce climate change at the Climate Savers Tokyo Summit. During the summit, HP said it will sign the Tokyo Declaration – a call to action and renewed commitment on global warming.

Between 1987 and 2007, HP recycled one billion pounds of its products, representing 900,000 tonnes of avoided greenhouse gas emissions, and it set a new goal to recover another one billion pounds by the end of 2010.

HP made further progress in January 2008 when it announced a commitment to reduce the energy consumption of its volume desktop and notebook PC families by 25 percent by 2010, and today it is working to consolidate its 85 data centers worldwide into six data centers with high-efficiency servers and cooling technology.

Beginning in 2006, HP embarked on a joint initiative with World Wildlife Fund-US to establish an absolute reduction target for greenhouse gas emissions from HP’s operating facilities worldwide, explore efficiency goals for products, educate and inspire others to adopt best practices for climate change initiatives and use HP technology in conservation efforts around the world by 2010.

WWF’s Climate Savers was founded in 1999 and currently comprises 15 major international companies committed to reducing their total emissions by over 10 million tons of carbon dioxide per year.

In its first attendance at a WWF Climate Savers Conference - this year starting on 15 January hosted by Sony Corporation in Tokyo - HP is expected to join other leading global brands calling for more concerted action on climate change.

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