HP Releases 2018 Sustainable Impact Report

Originally published at HP.

HP Reveals Bold New Commitments for Driving a Circular and Low‐Carbon Economy

HP has released its 2018 Sustainable Impact Report, including an industry-leading goal to increase recycled content plastics across its print and personal systems portfolio to 30% by 2025, continuing the company’s long legacy of leadership in this area. The report documents the progress HP is making and the business benefits of investing in the planet, people and communities. Sustainable Impact programs drove more than $972 million dollars of new revenue for HP in 2018, a 35% year-over-year increase.

Below are the News highlights stated by HP:

• Generates $900 million dollars of new revenue, an increase of 35% over 2017
• Announces industry-leading goal to increase recycled content plastic in its Personal Systems and Print hardware and supplies to 30% by 2025
• Sets timeline to power its global operations with 100% renewable electricity by 2035; achieved 100% renewable electricity in the United States
• Increases new hires from under-represented groups to 59% in the U.S in 2018
• Reaches 21 million students and adult learners through quality education programs, partnerships since 2015, toward its goal to enable better learning outcomes for 100 million people by 2025

“Companies have critically important roles to play in solving societal challenges, and we continue to reinvent HP to meet the needs of our changing world,” said Dion Weisler, President & Chief Executive Officer, HP Inc. “This isn’t a nice to do, it’s a business imperative. Brands that lead with purpose and stand for more than the products they sell will create the most value for customers, shareholders and society as a whole. Together with our partners, we will build on our progress and find innovative new ways to turn the challenges of today into the opportunities of tomorrow.”