HP Sustainable Impact Report Executive Summary 2021 - Page 21

End Notes

1
In 2021 , we tracked over US $ 3.5 billion in new sales ( total contract value ) in which sustainability criteria were a known consideration and were supported actively by HP ’ s Sustainability and Compliance organization and Commercial organization .
2
As of October 31 , 2021 , in accordance with the HP Inc . Sustainability Bond Framework , we have allocated the nearly $ 1 billion of net proceeds from the Sustainability Bond to eligible projects during the period May 1 , 2019 – October 31 , 2021 . No proceeds remain unallocated .
3
Absolute reduction of Scope 1 , 2 , and 3 GHG emissions compared to 2019 . Excludes non- HP paper consumed during product use .
4
Percentage of HP ’ s total annual product and packaging content , by weight , that will come from recycled and renewable materials and reused products and parts by 2030 .
5
Percentage of HP ’ s total annual product and packaging content , by weight , that comes from recycled and renewable materials and reused products and parts . 2021 data does not include the following products or packaging for these products : PageWide Industrial and 3D printing products ; or personal systems accessories and print accessories sold separately .
6
Fiber by weight will be 1 ) certified to rigorous third-party standards , 2 ) recycled or 3 ) balanced by forest restoration , protection , and other initiatives through HP ’ s Forest Positive Framework .
7
HP brand paper and paper-based packaging for home and office printers and supplies , PCs , and displays are derived from certified and recycled sources , with a preference for Forest Stewardship Council ® ( FSC ®) certification . Packaging is the box that comes with the product and all paper-based materials inside the box .
8
We calculate the annual tonnage for paper used in our products and print services that will be addressed through projects with civil society forestry organizations to counteract possible deforestation by taking the estimated annual total tonnage of paper consumed in the use of our printing products and print services minus the weight of such paper that we mitigate internally , through our responsible sourcing programs . Non-HP paper represented 96 % of our total fiber footprint during 2021 . See HP Forest positive accounting manual .
9
All HP brand paper is derived from certified sources ; paper-based packaging for PCs , displays , home and office print , and supplies is reported by suppliers as recycled or certified with a minimum of 97 % by volume verified by HP . Packaging is the box that comes with the product and all paper-based materials inside the box . Packaging for commercial , industrial , and 3D products , scanners , personal systems accessories , and spare parts is not included .
10
The 2021 Sustainable Impact Report reflects several methodological updates to improve the accuracy of our carbon footprint calculations
and to align with our 2030 GHG emissions reduction goal . See details here .
11
HP estimates supplier GHG emissions avoided based on supplier-reported energy savings from specific energy efficiency projects ( compared to projected energy use without those projects ) and supplier use of zero emissions energy . These energy data are converted into GHG emissions avoided using emission factors for electricity and fuel types . This data also includes estimates of product transportation-related GHG emissions avoided , related to specific initiatives to improve product transportation efficiency .
12
Product use GHG emissions intensity describes the performance of our portfolio , taking into account changes to product mix and business growth . HP product use GHG emissions intensity measures per unit GHG emissions during anticipated product lifetime use . These values are then weighted by contribution of personal systems and printing products to overall revenue in the current year . These emissions represent more than 99 % of HP product units shipped each year , including notebooks , tablets , desktops , mobile computing devices , workstations , and displays ; HP inkjet , LaserJet , DesignJet , Indigo , Scitex , and Jet Fusion 3D printers ; and scanners . Although HP updated its carbon footprint calculation methodology in 2021 ( see the methodological updates box on page 15 of the 2021 HP Sustainable Impact Report here ), we continue to calculate this metric using the original methodology , for comparability with past years .
13
As of October 31 , 2021
14
As of December 31 , 2021 . Not all products are available in all countries . Since 2016 , we have been working hard to tackle the growing challenge of ocean-bound plastics ( OBP ), supporting the creation of a robust local OBP supply chain in Haiti and incorporating small quantities of OBP into the design and manufacture of more than 300 of our products , using a total of 1,290 tonnes of OBP to date .
15
Recycled content plastic ( RCP ) as a percentage of total plastic used in all HP personal systems , printer hardware , and print cartridges shipped during the reporting year . Total volume excludes brand-licensed products and after-market hardware accessories . Total RCP includes postconsumer recycled plastic , closed-loop plastic , and ocean-bound plastics used in HP products . Personal systems plastic is defined by EPEAT ® eco label criteria . Subject to relevant restrictions on the use and distribution of materials destined for recycling and / or recycled feedstocks .
16
Calculated as the percentage of primary plastic packaging ( by weight ) reduced per unit shipped . Excludes secondary and tertiary packaging components . Includes HP personal systems and printer hardware packaging . Does not include packaging for the following : Graphics Solutions hardware other than PageWide XL and DesignJet printers ; 3D printing hardware ; print supplies ; refurbished products ; and accessories such as third-party options , drop in box , and aftermarket options .
21 2021 HP Sustainable Impact Report Executive Summary