In a push to build a stronger circular economy, HP says it is striving to drive sustainable impact as a business imperative. The company has released its 2017 Sustainable Impact Report, documenting annual progress and outlining new efforts designed to drive improvements to the planet, people and communities where the company operates.
“We are committed to developing and delivering an environmentally sustainable product portfolio, improving the sustainability of our own global operations, and partnering with our suppliers to reduce their environmental impact,” writes Dion Weisler, President and Chief Executive Officer, HP, in the report. He notes in 2017, the company introduced its first photo printer made with recycled plastic from printers and other electronics, as well as invested in industrial 3D printing, an emerging technology that is reinventing the way the world designs and manufactures.
Core to HP’s innovation strategy is a groundbreaking closed-loop recycling program, which pioneered the use of recycled plastic from its ink cartridges to make new products. In 2017, the company expanded closed-loop production to printers, with computers next in line for the switch to closed-loop manufacturing.
Key achievements in 2017
• HP saw a 38 percent year-over-year increase in deals where sustainability was a requirement
• HP won over $1 billion of new revenue where sustainability was a key differentiator
• For the sixth year in a row, HP was named to the Dow Jones Sustainability World Index
• In 2017, HP won the World Environment Center Gold Medal Award for Corporate Sustainability
• Helped suppliers cut more than 1.05 million tonnes carbon dioxide equivalent (CO2e) since 2010
• Through 2017, more than 14.5 million students and adult learners have benefited from HP solutions that advance quality learning and digital literacy and enable better learning outcomes since the beginning of 2015.
Meanwhile, key achievements in the print industry:
• 93 percent of product models shipped were Energy Star Certified
• Achieved its Zero-Deforestation goal for the second year in a row
• Produced HP-branded paper from entirely certified and recycled sources and 72 percent fibre certified by the Forest Stewardship Council.
• Release of the HP ENVY Photo 6200, 7100, and 7800 printers, made with closed-loop recycled plastics
• HP’s 2016 initiative to source plastic bottles from Haiti to make ink rink cartridges has been successful. Through March 2018, HP sourced more than 170 tonnes of likely ocean-bound plastic (over 8.3 million plastic bottles) from Haiti for use in HP original ink cartridges, all while providing 50 children with educational opportunities as well as food and medical assistance, and created more than 420 income opportunities for adults.
• Upcycled an estimated 86 million apparel hangers and 4 billion post-consumer plastic bottles out of landfills for use in HP ink and toner cartridges
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