HP 2017 Sustainable Impact Report 2 Introduction HP Inc.'S Vision Is to Create Technology That Makes Life Better for Everyone, Everywhere
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2017 Sustainable Impact Report Contents Introduction Footprint Supply chain Operations Products and solutions Appendix Contents Introduction 3 Supply chain responsibility 43 Wellbeing 73 Personal systems 103 Labor 43 Letter from President and Our facilities 74 Printing 105 CEO Dion Weisler 4 Health and safety 45 Environmental, health, and safety 3D printing 108 management 74 Executive summary 5 Responsible minerals sourcing 46 Education programs 111 Greenhouse gas emissions 75 About HP 19 Supplier diversity 48 Product repair, reuse, and Water 76 Sustainable Impact strategy 22 Supply chain environmental impact 49 recycling 115 Waste 77 HP Sustainable Impact goals 24 Greenhouse gas emissions 50 Customer take-back programs 116 United Nations Sustainable Water 52 Community engagement 79 Product reuse and recycling vendors 117 Development Goals 26 Waste 52 HP LIFE 80 Recognition 28 Disaster recovery and resilience 81 Data 118 Audit results 53 Materiality 29 Performance 54 Employee volunteerism 81 Stakeholder engagement 31 Appendix 120 Data 57 Data 82 Sustainable Impact governance 31 About this report 121 Reporting scope and measures 121 Operations 60 Products and solutions 87 Metrics and goals 121 Footprint 32 Our culture: The HP Way 61 Reinventing for a circular economy 88 Carbon 33 Your feedback 121 Committed to integrity 62 Sustainable design 92 Forward-looking statements 122 Water 33 Ethics and anti-corruption 62 Materials innovation 94 External verification 122 Data 35 Human rights 64 Energy efficiency 98 Policies and standards 123 Privacy 66 Product-as-a-service 99 Supply chain 37 Government relations 67 Durability and repairability 100 Independent accountants’ review End-of-service 100 report 124 Our approach 38 Our employees 69 Material issues 126 Transparency 39 Diversity and inclusion 69 Social impact 100 United Nations Global Compact Mechanisms Employee engagement 71 Product responsibility 101 to sense and address risk 40 index 128 Talent development 72 Product safety 101 Capability building 41 Global Reporting Initiative index 129 Compensation and benefits 72 Product security and privacy 101 External collaboration 42 Endnotes 133 Health and safety 73 Products and solutions portfolio 103 In this report, "we", "us", "our", "company", "HP", and "HP Inc." refer to HP Inc. (formerly Hewlett-Packard Company) and its consolidated subsidiaries. HP 2017 Sustainable Impact Report www.hp.com/sustainableimpact 2 Introduction HP Inc.'s vision is to create technology that makes life better for everyone, everywhere. HP 2017 Sustainable Impact Report www.hp.com/sustainableimpact 3 Letter from President and CEO Dion Weisler Letter from President and CEO Dion Weisler At HP, we are on a journey to keep reinventing a Stanford conference in 1942 for arguing impact. In 2017 we introduced HP’s first everything we do. Our aim is to make life that management was responsible not only photo printer made with recycled plastic from better for everyone, everywhere. At the heart to shareholders but also to employees, printers and other electronics, accelerated of our reinvention is the need to create a customers and to the community at large. the shift from transactional product sales to business that can have a lasting sustainable service models, and invested in industrial 3D impact on the world. This is not just the Our world is facing increasingly difficult printing that is reinventing the way the world right thing to do, it fuels our innovation, our challenges including inequality, climate designs and manufactures to help drive a growth, and creates a stronger and healthier change, inadequate access to quality more sustainable Fourth Industrial Revolution. engage students, empower educators, and company for the long term. education and healthcare, among others. unlock opportunity. As an example, HP has We are reinventing the standard for diversity partnered with the Clooney Foundation and inclusion. We are proud to have created for Justice, working to support refugee Sustainable Impact fuels our innovation, one of the most diverse Board of Directors education. We are committed to building and executive leadership teams in technology, vibrant, healthy communities. our growth, and creates a stronger and and this approach flows throughout our organization of more than 55,000 employees We’re proud of the progress we have made healthier company for the long term. around the world. Everyone has a role to play on our Sustainable Impact commitments in building a diverse and inclusive culture. but know there’s still more work to do. You Whether it is training our workforce on have my commitment to leverage our full Today, corporations are expected to do To overcome these challenges, we must raise unconscious bias in hiring or partnering with scale and power of HP to create a lasting more than just generate profit; they’re the bar, challenge ourselves, and reinvent the organizations like Historically Black Colleges sustainable impact on our planet, people expected to use their resources to advance industry standards for sustainable impact and Universities (HBCU), Hispanicize and and communities. important societal causes, champion values including driving lasting improvements to the The Female Quotient, we are committed to After all it’s not always what you do, but how and be a beacon of trust for industries, planet, people and communities where we ensuring our employee base is reflective of you do it that counts. governments, and communities around the live, work and do business. the markets we serve. world. For many companies in technology, this is a new concept; for HP, these values We are committed to developing and In an increasingly digitized world, inclusive are deeply rooted in our heritage and built delivering an environmentally sustainable tech-enabled learning is critical. Our Dion Weisler into our operating model. Dave Packard, one product portfolio, improving the sustainability products and solutions, combined with social President and Chief Executive Officer, HP Inc. of our founders, was almost laughed out of of our own global operations, and partnering impact programs and partnerships, provide with our suppliers to reduce their environmental technology-enabled inclusive learning to HP 2017 Sustainable Impact Report www.hp.com/sustainableimpact 4 2017 Sustainable Impact Report Executive summary HP 2017 Sustainable Impact Report Please see additional detail in the endnotes to the Executive Summary. www.hp.com/sustainableimpact 5 Sustainable Impact Sustainable Impact is at the heart of our reinvention journey—fueling our innovation and growth, and strengthening our business for the long term. Planet People Community Our commitment to integrity enables our Sustainable Impact journey Sustainable Impact delivers: Business value Employee engagement Recognition Sustainable Impact was a key differentiator for 38% 87% 73% Year-over-year increase in of employees agree of employees agreed that $700+ sales bids with sustainability that HP is socially and they see HP values being million requirements2 environmentally demonstrated in their responsible3 everyday lives4 in new revenue1 HP 2017 Sustainable Impact Report Please see additional detail in the endnotes to the Executive summary. www.hp.com/sustainableimpact 6 Planet We are contributing to a more efficient, circular, and low-carbon economy Carbon Supply chain Operations Products and solutions footprint, 2017 Suppliers avoided 37,130,100 35% 33% 18,000+ tonnes CO e 2 1.05 million decrease in Scope 1 and 2 GHG decrease in product portfolio emissions, compared to 2015 GHG emissions intensity, tonnes of recycled plastic used in tonnes compared to 2010 5 HP products in 2017 CO2e emissions since 2010 Maintained 50% 2% renewable electricity use 8% HP’s carbon footprint in 2017 in our global operations7 decrease in materials 99,000 increased by 2% from 2016 zero use intensity for personal tonnes deforestation systems products, and of recycled plastic used in associated with HP brand paper 90.9% 3.8 billion+ Original HP ink and and developed a packaging toner cartridges through 2017 landfill diversion rate, globally 6% Water supplier performance plan to decrease in materials 6 footprint, drive progress in that area use intensity for printers, 2017 compared to 2016 204,916,000 cubic meters Ensuring materials are properly repurposed at end-of-service 1% HP’s water footprint in 2017 decreased by 1% from 2016 271,400 HP provides take-back programs in tonnes 74 countries and territories worldwide Supply chain of hardware and supplies recycled Operations Products and solutions since the beginning of 2016 HP 2017 Sustainable Impact Report Please see additional detail in the endnotes to the Executive summary. www.hp.com/sustainableimpact 7 BOARD omen BOARD inorities EXEC TEAM omen ostslitBOARD increase in executivelevel omen inorities People EXEC TEAM TEC ROES We work with our suppliers to protect and We are reinventing the standard for empower all workers in our supply chain diversity and inclusion in our industry omen BOARDBoard of Directors8 Expanding supply chain transparency, 8% published an increase in average supplier industry first performance on Sustainability detailed list of our global recycling vendor Scorecard, compared to 2016 sites in 2017 40% 50% omen in ostslitwomen increase minorities in executivelevel omen enineerin and 243,600 supplier factory workers omen inorities TEC ROES9 TEC ROES10 participated in skill-building and well-being programs since Technical roles Global functions