With more than seven billion people seeking greater prosperity worldwide, balancing economic growth with environmental sustainability calls for innovation and leadership. Working towards a more sustainable world, HP Living Progress responds to this challenge by improving the efficiency of its products and solutions, supply chain, and operations. By combining the expertise of its people, its innovative technology portfolio, and collaborative partnerships, HP is working to develop and share solutions that streamline and replace resource-intensive processes.
Building on the size and scale of the company, HP is uniquely positioned to advance solutions that improve lives and make the world a better place. It will move its business forward by reducing its own environmental footprint while helping people prosper and companies thrive.
The circular economy encompasses a system that is restorative or regenerative by intention and design that eliminates waste and makes better use of resources. As an alternative to the linear approach, HP believes that connecting circular economy principles to resource efficiency is the route to success.
HP helps its customers recycle responsibly, recovering 1.3 million tonnes of products since 1987. More than 75% of its ink cartridges and 24% of HP LaserJet toner cartridges are now manufactured with ‘closed loop’ recycled plastic.
Through HP managed print services (MPS), the company is taking steps towards the circular economy with a product-as-a- service model.
HP Living Progress leverages the company’s unique business capabilities to create value for HP as well as society. HP’s social and environmental goals and initiatives will fuel an innovation that serves new markets, improves efficiencies and spurs future growth.
During the coming decade, HP intends to continue focusing on:
- Enhancing environmental sustainability across the product life cycle
- Building a leading human rights programme
- Driving strong and sustained social and environmental responsibility in our supply chain
- Advancing an accountability approach to ensure respect for privacy
- Addressing global health and education issues through social innovation.
HP’s products and solutions help people achieve more with fewer resources and less waste. HP strives to improve the environmental performance of products and solutions across its portfolio - from single-user personal computing devices and printers to enterprise servers, storage equipment, and data centres. Over a five-year period, HP reduced energy consumption of its product portfolio by 50% on average.