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The report, which is online at www.hp.com/go/report, breaks down the company's CSR investments into six categories: global citizenship, ethics & compliance, human rights & labor, environmental sustainability, privacy, and social investment.
On the environmental front, one significant achievement was the collection of 34,000 tons of electronic equipment for reuse, and the recycling of another 120,000 tons of electronics that would have otherwise gone to landfill. Those numbers bring HP up to 1.7 billion pounds (850,000 tons) of total electronics recycled. In 2004, HP set a goal of recycling 1 billion pounds of e-waste by the end of 2007, and the company beat that goal by 6 months, hitting the 1 billion pound mark in July 2007.
Other notable achievements from HP in 2008 included its victory in Wal-Mart's green design challenge, which HP won by reducing the packaging by 97 percent for one of its notebook PCs. On the IT side, the company announced that it had saved $1 billion by overhauling and consolidating its IT platform, cutting total spending on IT hardware in half and saving 60 percent of the energy used in its data centers while boosting overall computing capacity by 250 percent or more.
HP also released in May a new printer, the Deskjet D2545, which is made from 83 percent recycled plastic, uses recycled and recyclable ink cartridges, and which comes in 100 percent recyclable packaging.
On the supply-chain and emissions front, in January 2008, HP shared its green supply chain guidelines with the world, aimed at helping organizations of all sizes develop strong CSR programs; and in September, HP became the first IT company to post its first-tier supply chain emissions, while urging other IT companies to do the same.
HP's full report is online at www.hp.com/go/report.
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All Public Companies Should Report Their Green Goals
I think every public company should be required to report in their annual report and in their Form 10-K its energy savings and waste reduction achievements for the prior year — as well as to state their goals for the coming year. Making corporate executives accountable for going green will make these issues as important as financial information – and this transparency will help move sustainability from a "good pr move" to a required business goal.
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Robert Piller, is President of EcoMarketingSolutions.com specializing in environmentally-friendly promotional products. You can also read and comment on his eco-blog at GreenSpotBlog.com.
At Robert Piller: I agree
At Robert Piller: I agree with you, and will go one step further. I think all public companies should have to report their carbon footprint using the same standard (such as ISO 14064) and have it verified by an independent, certified, professional GHG Verifier.