Post by account_disabled on Feb 22, 2024 4:21:33 GMT -5
Printing and electronics giant HP has committed to using 75% fewer single-use plastic packaging parts by 2025 than it did in 2018, as it revealed its sustainable products and services generated more than $1.6bn (£1.27bn) in sales last year. edie 's Sarah George says the new commitment comes after HP removed plastic power cable ties and document bags from its packaging portfolio in 2019 and revealed its ambition to source 30% recycled material for its products. plastic packaging used in personal systems and printing hardware products by 2025. To meet its new plastic-free commitment, HP will remove plastic-based foam pads from the packaging used to house its computers and printers, replacing them with pulp-based, 100% recycled and recyclable alternatives. Plastic foam is considered difficult to recycle and is not collected for recycling in most places. The phase-out has already begun, with 933 tonnes of foam having been removed from Personal Systems products and another 95 tonnes having been removed from printing products. More changes to packaging formats will be announced in the coming months and years. HP is notably exploring glassine paper to replace the typical protective bag used for home printers and is investing in 3D printing technologies that allow users to reuse all leftover powder.
Regarding recycled plastics, HP obtained more than 25,000 tons of post-consumer recycled plastics for its packaging in equivalent to 9% of its total annual packaging plastics use. Of this material, 170 pounds were certified as coming from the ocean. HP uses marine plastics in the ink cartridges of its printers and in certain lines of laptops, displays, mobile workstations and Chromebooks for business. Greater sustainable impact The new proposal and updated progress information have been published as part of HP's 2019 annual sustainable impact report. As Bulgaria Mobile Number List in last year's edition, the report details how sustainability is driving HP's profitability, stating that sustainability proved to be a key driver of $1.6 billion (£1.27 billion) in sales. This is a 69% year-on-year increase on the figure of $700m (£560m) in 2018. Other companies publicly reporting on their sustainability include Unilever and Ikea. The report also documents progress toward HP's ambitions to reduce Scope 1 and Scope 2 emissions by 60% and to source 100% renewable electricity for global operations, both with a deadline of 2025. Last, HP is on track, having sourced 43% of its electricity renewables in 2019. In the first, the company's absolute emissions increased by 5% year-over-year, but ultimately decreased by 44% in Scopes 1 and 2 with respect to the 2015 baseline. In addition to environmental issues, the report tracks HP's promises and progress on employee and community issues.
The report reveals that HP provided million personal computers to schools around the world in 2019 and when schools began to close due to the COVID-19 pandemic, the company partnered with organizations such as TIME for Kids, Nasa and Britannica to bring educational resources to consumers at home. HP estimates it has reached more than 28 million students since 2015 and strives to help another 72 million over the next five years. It also discloses the diversity figures of HP's own workforce. 42% of the company's board of directors are women and 58% are from minority groups, according to the report, while 40% of all US hires in 2019 were from minority groups. While hailing this progress, HP admitted that it “must do better” in hiring and promoting Black staff, particularly in light of the growing Black Lives Matter movement. It has set a goal of doubling the proportion of black employees on the board within five years and has reaffirmed its commitment to the CEO Action on Diversity and Inclusion. HP's culture has long been based on the belief that how we do things is as important as what we do. Recent events have exposed the systemic racism and deep inequalities that remain a stain on society and it is imperative that all businesses act urgently on all fronts. It is especially important that companies take responsibility and publicly report on their progress.