HP Innovation Journal Special Edition: Sustainable Impact | Page 14

When we released our Foreign Migrant Worker Standard in 2014, we took a strong stand and significantly pushed the industry forward on this critical issue, becoming the first IT company to require direct employment of foreign migrant workers by our suppliers. These requirements are still industry leading. In 2015, we launched an assessment program to delve deeper into the management systems and practices of suppliers, providing a better understanding of persistent issues that we can target through trainings and capability building. And, in 2017, we established a company-wide Human Rights Council to further focus our efforts. Nonetheless, forced labor is a real challenge across our industry, potentially impacting the hundreds of thousands of people employed throughout the IT supply chain. Regulations like the UK Modern Slavery and California Transparency Acts elevated the profile of this issue and spur discussion and action within our industry and beyond. We embrace well-designed regulation as a way to drive industry- wide action and set a common practice for reporting on activities to combat modern-day slavery. Collaboration among leading companies on this issue is also critical to inspire and achieve the scale and momentum needed to improve worker recruitment and stop modern slavery and human trafficking. In the past few years we have continued to expand our due diligence on the topic of forced labor and modern slavery. We go beyond the requirements of regulations to proactively sense and address risk across our supply chain, and to support capability building among suppliers so that workers can thrive at home, at work, and in their communities. In 2017 we set bold new goals to increase supplier participation in our programs and continue to improve workers’ skills and well-being. We are working hand in hand with our suppliers on these kinds of initiatives, with a focus on vulnerable workers such as women and student workers. SUSTAINABLE IMPACT OPENS NEW INNOVATION OPPORTUNITIES As we continue to look for new ways to deliver positive lasting change for planet, people, and community, we are also finding new ways to deliver greater value to our customers—better performance, cost savings, and brand benefits. The best innovation stems from working in true partnership with our suppliers. As we work to transform our entire business for a circular and low-carbon economy, we are engaging our supply chain in new ways—asking our supplier partners to problem-solve with us, to build new solutions, and help to deliver greater value for our business and for society. For example, through our closed-loop recycling process, we have taken back used print cartridges and combined them with other post-consumer plastic materials, including plastic bottles and hangers, to create more than 3.8 billion new ink and toner Innovation Journal Sustainable Impact cartridges. Through this process, we help divert, on average, more than 1 million plastic bottles per day from landfills. Building on this work, nearly two years ago, we launched a unique and groundbreaking supply chain partnership in one of the most challenging markets. Together with supplier, nonprofit, and private-sector partners, we created an entirely new supply chain in Haiti that provides plastic input for our closed-loop recycled plastic supply chain, and helping us divert waste from landfills and providing better incomes and educational opportunities for hundreds of people. As of October 2018, we have sourced more than 250 tonnes of ocean-bound plastic from Haiti. And, we did this in a way that is at or below cost of our traditional recycled plastic supply chain. This innovation was possible because of our close, collaborative partnership with a key supplier. Similarly, a partnership with our retail partner Best Buy has enabled us to expand our closed-loop plastics recycling to hardware. Last year, we launched the HP ENVY Photo 6200, 7100, and 7800 printers, the world’s first-in-class printers made with more than 20 percent closed-loop recycled content, by weight. As we look ahead and consider the trends driving the Fourth Industrial Revolution, we imagine the supply chain of the future—one that is nimble and efficient, digitally enabled, radically transparent, and environmentally sustainable. This is where we are heading, and we will need all the innovation, creativity, and drive that our supply chain can offer to get there. Our suppliers are critical partners as we work to achieve our vision of a more ethical and sustainable future for our business and for society. We work with them to set bold shared goals, to meet and go beyond compliance with global regulations, and to innovate to meet changing customer needs and stay ahead of market demands. Together, we are transforming for a more circular and low- carbon business future, and ensuring that all people can thrive at home, at work, and in their communities. 1. This continues a goal from before the separation of Hewlett-Packard Company on November 1, 2015, extending the goal to 2025. Includes data from suppliers associated with HP Inc. and HP Inc. pre-separation business units.