HP Summary

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Company Description
HP focuses on simplifying technology experiences for all of its customers – from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world’s largest IT companies. During fiscal 2009, HP’s operations were organized into seven business segments: Services, Enterprise Storage and Servers, HP Software, the Personal Systems Group, the Imaging and Printing Group, HP Financial Services, and Corporate Investments.

HP is one of the first companies to commit to the World Economic Forum’s Global Greenhouse Gas Registry and participates in the following climate change and renewable energy partnerships: Sustainable Silicon Valley (SSV), Climate RESOLVE, Center for Climate and Energy Solutions, California Climate Action Registry Board of Directors, the PFC Reduction Climate Partnership and the U.S. EPA’s Fortune 500 Green Power Challenge.

CEO: Mark V. Hurd; Revenues: $127.94(2010); Employees: 304,000 (2010).

Climate Change Targets
By 2011 HP aims to:

  • reduce the GHG emissions from HP-owned and HP-leased facilities 20% below 2005 levels by 2013 on an absolute basis. HP has set an interim target to reduce the energy consumption in its facilities by 7% (the remaining percentage in this goal) below 2008 levels by the end of 2010.
  • reduce the energy consumption and associated greenhouse gas (GHG) emissions of all its products to 40 percent below 2005 levels by the end of 2011
  • use a total of 100 million pounds, cumulatively from 2007, of recycled plastic in HP printing products
  • improve the overall energy efficiency of HP ink and laser printing products by 40%, relative to 2005
  • save one billion kilowatt-hours through design strategies of volume desktop and notebook PC families
  • for Imaging and Printing Group products, reduce the average weight of printer packaging per product by 35 percent (relative to 2005), use at least 35 percent recycled paper in cardboard packaging for printers and reduce the amount of plastic used in printer packaging by 50 percent, relative to 2005.

HP exceeded its target of reducing its on-site greenhouse gas (GHG) emissions by 18 percent from 2005 levels by 2006 by reducing site emissions by 31 percent. HP set the target of reducing perfluorocarbon (PFC) emissions by 10 percent from 1990 levels by 2005 and in 2006 had decreased its PFC emissions by 59 percent from 2005, to 34 percent below the 1995 level.

HP aimed to conduct energy audits at 53 of its largest facilities and implement measurable energy efficiency projects at each facility by 2006. It had to cancel eight planned audits due to consolidation plans but was able to complete the remaining 45 audits, which resulted in projects saving of approximately 27 million kWh/year ($1.9 million).

HP had also set targets to increase purchases of renewable energy in the United States to 50 million kWh/year from the 2006 level of 11 million kWh by 2007 and reduce energy use and carbon dioxide emissions from HP-owned and HP-leased facilities worldwide to 15 percent below 2006 levels by 2010.

Climate and Energy Strategies

Technology Solutions (C2ES's Climate Techbook Factsheets)

Relevant Links: HP Company Web Site, HP Environment Web Site, 2011 Global Citizenship Report and Perspective Video by Eileen Claussen, HP Labs Net-Zero Energy Data Center