HP Innovation Journal Special Edition: Sustainable Impact | Page 21

There is an aphorism that states, “a rising tide lifts all boats.” The phrase, popularized by U.S. President John F. Kennedy, describes the idea that when an economy is doing well, everyone participating in that economy benefits. That same philosophy can be applied to sustainability. For example, when we improve air quality by reducing the emission of pollutants, people everywhere can—both literally and figuratively—breathe easier. In business, sustainability efforts can produce similar results, by reducing environmental impacts, improving working conditions, and opening up greater economic opportunities. All of which positively impact the lives of people around the world. Forward-thinking companies recognize the long-term benefits of sustainability to themselves, their partners, and their customers—and have embedded sustainability into their business strategies. They also know that working with liked-minded companies can only strengthen their efforts, while demonstrating to other businesses that sustainability is a winning proposition. BUILDING A MORE CIRCULAR ECONOMY At HP, we are reinventing the way our products are designed, manufactured, used, and recovered, as we strive to create a more efficient, low-carbon circular economy. In building a more sustainable “make, use, reuse” model for our products, our partners will have an important role to play. Retail partners like Staples, Best Buy, Office Depot, Office Max, and Walmart work closely with us to market and sell our energy-efficient lines of personal systems and printers via their retail outlets and online stores. They also help us close the loop by offering in-store take-back and recycling services for our print cartridges and/or hardware through the HP Planet Partners program. In recent months, this program has expanded to include Samsung toner cartridges. Through the HP Planet Partners program, returned ink and toner cartridges become part of our closed-loop recycling process, in which recycled plastic from those cartridges is mixed with plastic from used apparel hangers and plastic bottles to manufacture new, high-quality print cartridges. Partnerships That are Good for Business and the Planet For many of these retailers, recycling programs are one way to improve brand loyalty. For example, Staples—the first retail partner to establish “drop-off” points for used HP ink and toner cartridges—made the HP Planet Partners program part of its customer loyalty initiative. Over the years, we have continued to partner with retailers to expand our closed-loop recycling processes, and help them meet the growing demands of their customers to purchase more sustainable products. For example, working closely with Best Buy, we leveraged Best Buy’s in-store recycling program and set up a supply chain to ensure that printers returned to Best Buy are recycled to meet certain specifications, so that the plastics can be refined and used as raw material in the manufacturing of new HP printers. This effort resulted in the introduction of the HP ENVY Photo 6200, 7100, and 7800 printers, the world’s first-in-class printers made with closed-loop recycled plastic. The HP ENVY printers represent what we refer to as “a complete printing system backed by sustainable design.” In addition to their recycled materials, these printers use Original HP ink cartridges made with 48 to 73 percent closed- loop recycled plastic, and customers can use HP paper that contains 100 percent certified fiber or recycled content. Partnerships like these help HP propel our circular economy strategy by delivering products that enable customers to do more and consume less. SUPPORTING OUR PARTNERS’ SUSTAINABILITY EFFORTS HP’s sustainability partnerships are about more than just selling and recycling products. We believe that through collaboration, we can help our partners and our company improve efficiencies and environmental sustainability in our operations and global supply chains. 19