Commercial, Energy Efficiency, GHG Emissions, Sourcing Renewables  -  February 20, 2017

HP adopts new science-based GHG reduction goal

After setting and meeting two successive Scope 1 and Scope 2 absolute reduction goals for greenhouse gas emissions, HP Inc. has announced a new target to reduce the GHG emissions from its global operations by 25% by 2025 from 2015 levels. 

HP said Feb. 15 that the new target is a significant milestone as it accelerates its commitment to reduce the company's total carbon footprint in accordance with what climate science indicates is required to help keep global warming below 2° Celsius.

"With the U.S. EPA set to change hands and the future of the U.S. role in the historic Paris climate agreement unknown, it is more important than ever for the private sector to show its commitment to addressing climate change," the company wrote in a blog post. 

In 2016, the company announced a goal to reduce the GHG emissions intensity of its product portfolio by 25% by 2020, compared to 2010, and committed to source 100% renewable electricity in its global operations with an interim goal of 40% renewable by 2020, 

In conjunction with setting its new operations goal, HP also renewed its commitment to World Wildlife Fund's Climate Savers Program, a global program to engage business and industry on climate and energy.

"Aligning our operation's carbon-reduction targets with climate science is necessary not only for the health of our planet, but also to the future of our business," HP COO Jon Flaxman said in a statement. "By taking climate action today and working with partners like WWF, we are helping minimize operational risks associated with a changing climate, and building a more resilient company that's ready to serve our customers indefinitely in a low-carbon economy."

Hewlett-Packard Company first joined WWF's Climate Savers in 2008, according to HP's Feb. 15 news release. Hewlett-Packard Co. separated into HP Inc. and Hewlett Packard Enterprise in November 2015, the new announcement marked the start of HP's association with Climate Savers as a post-separation company.

The company said HP's new operations goal builds on two previous goals set by the legacy Hewlett-Packard Company. In 2015, the company achieved a 29% reduction in Scope 1 and Scope 2 emissions compared to 2010 levels, exceeding its 20% by 2020 goal set in 2013. Prior to that, the company achieved a 20% carbon reduction in its operations in 2011 compared to 2005, two years ahead of its goal.

HP said it set a three-phase approach to reduce its climate impacts across its operations. The first phase is optimizing energy efficiency in its operations and buildings. The other two phases focus on shifting toward less GHG-intensive energy sources, including increased use of on-site renewable power, and through acquired or generated offsite renewable power to offset brown power emissions.

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