15 2022 HP Sustainable Impact Report Executive Summary

About HP

Go Beyond

Letter from our President and CEO

Sustainable Impact strategy

2022 highlights

Climate Action

Human Rights

Digital Equity and philanthropy

Products and services innovation

Recognition

1 As of October 31 , 2022 . Includes employees from the Poly acquisition . 2 At October 31 , 2022 , our worldwide patent portfolio included over 28,000 patents , including patents acquired as a result of our acquisition of Plantronics , Inc . (“ Poly ”) in August 2022 .

3 Reported in accordance with Corporate Knights Sustainable Economy Taxonomy ( v6.0 ), HP included revenue from products certified to eco labels ( EPEAT ® Gold / Silver , TCO , Blue Angel , and ENERGY STAR ®), products designed using recycled materials , products that have been recycled , fixed , or resold , and products as a service with end-of-life management policies .

4 Hectares responsibly managed data is for the year ending September 30 , 2022 .

5 Data is for the 12 months ending September 30 of the year noted . Figures are for purchases in the United States and Puerto Rico from U . S . -based businesses . Suppliers may be included in multiple categories .

6 Hourly rate is based on type of volunteering : US $ 195 / hour for board , service corp , pro bono , and skills based ; US $ 29.95 / hour for hands-on and undetermined . Valuation of non-U . S . volunteering hours is adjusted using World Bank data for purchasing power differences across countries .

7 Absolute reduction of Scope 1 , 2 , and 3 GHG emissions compared to 2019 . Excludes non-HP paper consumed during product use .

8 This updated goal was validated by SBTi , and supports our broader goal to achieve carbon-neutral HP operations by 2025 .

9 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 .

10 Percentage of HP ’ s total annual product and packaging content , by weight , that comes from recycled and renewable materials and reused products and parts . 2022 data does not include the following products or packaging for these products : Scitex-branded and 3D printing products , or personal systems accessories and print accessories sold separately .

11 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 .

12 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 .

13 Zero-waste operations : eliminate nonhazardous waste to landfill in all HP direct operations by 2025 . Includes all HP-owned and -managed sites worldwide . Zero waste is defined by the UL or TRUE certification standards .

14 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 .

15 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 .

16 During 2022 , HP-brand paper and paper-based packaging for home and office printers and supplies , PCs , and displays equaled 5 % of our fiber footprint . 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 total annual 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 . See HP Forest positive accounting manual .

17 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 .

18 This replaces and expands on our prior goal to develop skills and improve the wellbeing of 500,000 factory workers by 2025 , since the beginning of 2015 . Prior to 2020 , data included production supplier workers only . In 2020 , we expanded the scope of our program to also include nonproduction supplier workers and workers at HP-controlled manufacturing facilities .

19 “ Leadership ” is defined as director level and up at HP .

20 As a percentage of U . S . personnel with the title of executive , formerly called vice president .

21 Baseline is June 2020 , when the HP Racial Equality and Social Justice Task Force was formed .

22 Annually , HP employees fill out a survey called Voice Insight Action to help us understand overall employee engagement , including their sense of belonging in the company .

23 Excludes new hires joining HP after January 1 , 2022 ( although all new hires are given 30 days to complete Integrity at HP New Hire training as part of their mandatory onboarding process ).

24 HP defines “ accelerating digital equity ” as providing access to at least one of the following : hardware , connectivity , content , or digital literacy .

25 Our programs aim to accelerate digital equity through providing access to at least one of the following : hardware , connectivity , content , or digital literacy . Digital equity and learning outcomes data include both direct and indirect reach . Indirect reach is sometimes based on estimates using multipliers . 2022 data includes a small amount of 2021 data that was not available at the time of publication of the 2021 HP Sustainable Impact Report .

26 We enable better learning outcomes by supporting education through provision of learning and digital literacy programs and solutions . Digital equity and learning outcomes data include both direct and indirect reach . Indirect reach is sometimes based on estimates using multipliers . 2022 data includes a small amount of 2021 data that was not available at the time of publication of the 2021 HP Sustainable Impact Report .

27 Includes valuation of employee volunteer hours , employee donations , HP Foundation match , and HP Foundation grants .

28 Recycled magnesium by weight : enclosure includes top cover , screen bezel , palm rest cover , and bottom cover .

29 HP Dragonfly G4 back cover contains a resin partially derived from bio-waste such as used cooking oil . Incorporates waste bio-feedstock according to the mass balance approach .

30 One hundred percent of outer box packaging and corrugated cushions made from sustainably sourced , certified , and recycled fibers .

31 Based on U . S . EPEAT registration according to IEEE 1680.1-2018 EPEAT . EPEAT status varies by country . Visit www . epeat . net for more information .

32 HP services are sold separately . HP services are governed by the applicable HP terms and conditions of service provided or indicated to the customer at the time of purchase . Customer may have additional statutory rights according to applicable local laws , and such rights are not in any way affected by the HP terms and conditions of service , or the HP Limited Warranty provided with your HP product .

33 There are two offset options available : HP ’ s Carbon Neutral to the Door option covers carbon offsetting of material extraction , component and product manufacturing , and product logistics . HP ’ s Lifecycle option covers everything in the Carbon Neutral to the Door option plus device usage based on a four-year life cycle for commercial HP notebooks and mobile workstations , and a five-year life cycle for commercial HP desktops , displays , and workstations , and end-of-service .

34 Life cycle assessments ( LCAs ) are validated by a third party to conform to ISO 14040 and ISO 14044 , and are used by HP to understand the total carbon footprint for HP personal systems products . Using this data , along with the information unique to each customer ( e . g ., product ship-to location , product portfolio ), we calculate the total carbon emissions for a customer ’ s fleet . HP then purchases and retires carbon offsets , procured through Climate Impact Partners , which certifies HP ’ s Carbon Neutral Computing Services in accordance with its CarbonNeutral Protocol . Please review this document for complete details .

35 A 2021 Four Elements Consulting LCA study , commissioned by HP , provides a comparative environmental assessment of an Original HP toner cartridge ( CF226X ) with an HP EvoCycle cartridge ( CF226XR ), utilizing the most current data on production practices , recycling , product quality , and usage trends ( see hp . com / go / EvoCycle-HP-2021 ). The LCA leverages a 2021 SpencerLab reliability study , commissioned by HP , comparing Original HP CF226X toner cartridges with HP EvoCycle CF226XR toner cartridges . For details , see www . spencerlab . com / reports / HP-EvoCycle2021 . pdf . The LCA concludes that the HP EvoCycle has a 37 % lower carbon footprint than the HP CF226X in the production phase and a 1.8 % lower carbon footprint when looking at the entire life cycle of the cartridge .

36 Weight percentage where toner and components considered by HP to be critical to print quality ( cleaning blade , imaging drum , developer blade , developing roller , and charge roller ) are excluded : 36 % reused , 40 % recycled . Total 76 % reused / recycled . Absolute weight percentage excluding toner : 21 % reused ; 24 % recycled . Total 45 % reused / recycled .

37 All estimates based on power measurements on the HP PageWide A2200 , comparing average power used during printing ( or running power ) vs . the HP T250 HD . Results will vary based on press configuration , print speed , media types , print mode , color profiles , and print quality requirements . Page = one page front and back .

38 Based on internal HP testing , March 2021 . Actual results depend on many factors including patient – doctor interactions and specific patient conditions .

Read more in the 2022 HP Sustainable Impact Report