GHG Emissions, Sourcing Renewables  -  April 21, 2021

HP Announces Carbon Neutrality and Net Zero Goals

 HP Inc. has announced its clean energy targets: carbon neutrality by 2025, and net zero GHG emissions by 2040.

“Climate change is a defining challenge of our generation that demands immediate action and investment,” said Enrique Lores, HP Inc. President and CEO, in a statement. “By driving toward net-zero carbon emissions across our entire value chain by 2040, product circularity, and a forest positive framework, we will accelerate our progress and advance HP’s aspiration to become the world’s most sustainable and just technology company.”

In addition to several sustainability partnerships, HP’s announcement shared the company’s renewables and emissions goals:

• 2025 - carbon neutrality and zero waste in HP operations
• 2030 - carbon neutrality in its supplies business and 50% GHG emissions reduction in its value chain
• 2040: Net zero GHG emissions across the HP value chain

To achieve these targets, HP plans to decarbonize its supply chain by driving suppliers’ adoption of renewable energy, surface transportation, alternative fuels, and electric vehicles. HP will also prioritize energy efficiency in its existing and new product designs. These steps align with relevant U.N. Sustainable Development Goals and will help the company continue to grow while reducing - and ultimately eliminating - its carbon footprint.