Go Beyond
2022 HP Sustainable Impact ReportTable of contents
Introduction
About HP
Go BeyondLetter from our President
and CEO
2022 highlights
Products and services
innovation
Recognition
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Appendix22

Introduction

3
4
4
5
6
7
8

About HP
Go Beyond
About this report
Letter from our President and CEO
2022 highlights
Products and services innovation
Recognition

9

Sustainable Impact

10
11
12
13

Strategy
Governance
Stakeholder engagement
ESG materiality

14 Climate Action
15
16
17
17
19
20
23
26
27
27
28

Sustainable Impact goals
Working to counteract deforestation
CarbonCarbon footprint
Path to net zero
Supply chain
HP operations
Product use
The analog-to-digital shift
Life cycle assessment
Product certifications andother information

29
29
29
30

Water
Water footprint
Supply chain
HP operations

32
32
33

Waste
Supply chain
HP operations

34
35
36
37
39

Circularity
Design for circularity
Durability, repairability, and reusability
Print and compute as a service
Product repair, reuse, and recycling

42
43
43
45
46
47

Materials
Responsible chemistry
Recycled content
Ocean-bound plastics
Renewable materials
Packaging innovation

48
49
50

Forests
Engineering efficient paper consumption
Responsibly sourcing HP paper
and packaging
Protecting, managing, andrestoring forests
Supporting development of sciencebased targets
Influencing industry partners to inspire
forest positive action

51
52
52
53
53
54
56

Environmental management
Supply chain
HP operations
Climate change risk management
and strategy

57

Data

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Cover image: HP’s IDEA program aims to upskill and empower teachers through development workshops.

65 Human Rights
66
67
68
68
68
68

Sustainable Impact goals
Advancing diversity in our supply chain
Governance and accountability
Nominating, Governance and Social
Responsibility Committee
Human Rights Council
Human Rights Team

69
69
72
73
73
74

Human rights due diligence
Approach
Salient human rights issues
Access to remedy
Communicating with stakeholders
Strategic partnerships

75
75
76
80

Supply chain workers
Approach
Worker rights
Supplier monitoring and evaluation

84
84
86
86

Responsible minerals sourcing
Conflict minerals
Multi-stakeholder initiatives
Other regions and minerals

87
87
89
90
90
91

Our employees
Employee development
Compensation and benefits
Employee engagement
Health and safety
Wellbeing

92
92
93
95
98
99
100

Diversity, equity, and inclusion
2022 at a glance
Strategy and approach
Our people
Supplier diversity
Our communities
Product accessibility

101

Data

106 Digital Equity andphilanthropy
107
108
109
110
110
112

115
116

Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education
Women and girls
People with disabilities andaging populations
Historically disconnected andmarginalized groups
Educators
Industry solutions

117
117
119

Healthcare
Health and wellness
Care innovation

120
121
122
123

Community giving and volunteerism
HP Foundation programs
Disaster recovery and resilience
Employee volunteerism

124

Data

113

134
134
134

Public policy
Policy priorities
Political engagement

135
135
136
136
136

Product safety
Home and office printing solutions
Large format printing
Industrial print
3D printing

137 Appendix
138
140
142
143
146
147
148
149

125 Integrity

150
155

126
126
128

Ethics and anti-corruption
EthicsAnti-corruption

157

129
129
130

Privacy
Approach
Global standards and international
data transfers
Privacy complaints, breaches,and requests
Cybersecurity
Product security and privacy

130
131
132

About this report
ESG material topics
Policies and standards
Independent accountants’ review report
United Nations Sustainable Development
Goals index
Sustainability Accounting Standards
Board index
Task Force on Climate-related Financial
Disclosures index
World Economic Forum International
Business Council Stakeholder Capitalism
Metrics index
GRI index
United Nations Guiding Principles
Reporting Framework index
EndnotesAbout HP*
Introduction

Key facts

About HP
Go BeyondLetter from our President
and CEO

Enrique Lores

Corporate HQ

180+

Ticker symbol HPQ

2022 highlights

President and Chief Executive Officer, HP Inc.

in Palo Alto, California, United Statescountries in which HP operates

on the New York Stock Exchange

Chip Bergh

Incorporated

58,000Fortune 100

Chairman of the Boardin the State of Delaware, United States

employees globally(50,800 excluding Poly)

Products and services
innovation
Recognition
Sustainable Impact
Climate Action

company1

Human Rights
Digital Equity and philanthropy
Integrity

Strategy: Building a stronger HP

Fiscal year 2022 highlights

Financial

US$63.0 billion

28,000+in net revenue

patents2

US$4.5 billion

US$1.6 billionof net cash provided by operations

R&D spend

Appendix

Sustainable Impact
Portfolio
Transform/digital

Talent & culture32022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Delivering long-term sustainable growth

Become the most sustainable and just IT company;
focus on Climate Action, Human Rights, and Digital Equity

Build a more growth-oriented portfolio, while wecontinue to lead decisively in our core businesses

Become a more digital company tostreamline operations and enable
new customer value propositions

A school for leaders built on Agility,
Customer Centricity, and Ambition

US$5.3 billion
returned to stockholders in the form of share repurchases and dividends
See our full financial performance.

*As we are in the process of integrating Poly, the ESG metrics in thisreport do not include the impact of Poly, unless otherwise stated.

Introduction
About HP
Go BeyondGo
BeyondAbout this report
Welcome to the 2022 HP
Sustainable Impact Report.
Since 2001, HP has provided indepth information on its socialand environmental progress
to stakeholders, including
customers, industry analysts,
investors, employees, and others.

Letter from our President
and CEO
2022 highlights
Products and services
innovation
Recognition
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
AppendixThroughout this report, we haveincluded links to stories about
HP’s innovations and impact. In
addition to our Sustainable Impact
Report, we share information on
our programs and progress in
our Sustainable Impact Report
Executive Summary and on our
Sustainable Impact website.

Bill and Dave brought a thoughtful mindset
to business. In order to solve the problem weneed to truly understand it; that we need toaddress challenges and fix systems, not justsymptoms. Most importantly, everything inthat system is interconnected; that we don’t
stop at upgrading one component—we need
to upgrade in tandem.

This report covers HP’s
Sustainable Impact policies,
programs, goals, and progress. It
includes HP’s performance data
through fiscal year 2022 (which
ended October 31, 2022), unlessstated otherwise.

When it comes to solving the biggest
challenges we face today, it is so easy toover-simplify. We reduce things down to a box
to tick.
HP believes there has to be a better way.
A smarter way. A more responsible way.
A way that takes into account everything isinterconnected. That reducing your harm ispart of it, but we must think beyond it.
That in order to take on big, expansive issues,
we need big, expansive solutions. Solutions
that tackle things holistically.
That go beyond the paradigm.
Simply put—we must Go Beyond.

42022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP’s founders Bill Hewlett and Dave Packard.

Letter from our President and CEO
This mindset was instilled in the culture of HP by
our founders and today, it has never been more
important. Because when you think about the sheer
scale of the challenges we face—from the growing
threats of climate change to persistent inequality—
it’s clear we have a lot more work ahead.

Introduction
About HP
Go BeyondLetter from our President
and CEO
2022 highlights

That’s why, at HP, we don’t treat Sustainable Impact
as a separate initiative. It’s deeply embedded into
how we run the company—from the way we design,
manufacture and distribute our products, to theservices and solutions we create to meet changing
customer needs, to the investments we make tohelp people reach their full potential.

Products and services
innovation
Recognition
Sustainable Impact
Climate Action
Human Rights

We’re constantly pushing ourselves to challenge
the status quo and lead our industry forward. And
we’re holding ourselves accountable, which is why
every member of our executive leadership team is
responsible for achieving specific goals each year.

Digital Equity and philanthropy
Integrity
Appendix

For more than 80 years, HP has prided itself on
being a high-performance, purpose-driven company
that, through the technology we create and thevalues we uphold, contributes to a better future.
I am immensely proud of the work our teams are
doing to carry on these values. It’s not always been
easy, and we don’t always get it right. No company
does. But we are making steady progress, knowingthat the long-term success of our business
depends upon the wellbeing of the people andcommunities we serve.

52022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Make no mistake: this work isn’t just good for theworld, it’s good for our business. In 2022, more than
60% of our revenue met the Corporate Knights
standard for sustainable revenue. This reflects thecontinued trend of customers choosing products
and services that help reduce environmental
impact—a trend we expect will only accelerate.
As a company, this makes our Climate Action,
Human Rights and Digital Equity initiatives all themore important. Two years ago, we announced oneof the industry’s most ambitious environmental andsocial impact agendas. Now, in our 22nd annual
Sustainable Impact Report, I’m pleased to share
how we are building on them.

Becoming More Sustainable& Just
HP is taking urgent and decisive action to achieve
net-zero carbon emissions across our entire value
chain, give back more to forests than we take,and innovate our products and services for amore circular economy. This starts with what wesell, and I’m proud that more than 95% of homeand office printers, laptops, notebooks, displays,
and workstations shipped to customers in 2022
included recycled materials.
Importantly, we’re not just accounting for ourown footprint. We are going beyond by reducing
our Scope 3 emissions. We have helped our
suppliers cut their own carbon emissions by 1.7
million tonnes, and more than 3,500 of our channel
partners across 40 countries have made their own
sustainability commitments through our HP Amplify
Impact program.
As we work to protect our planet, we’re also
empowering people—both inside HP and across ourcommunities. In the U.S., 46% of our new hires in
2022 self-identified as ethnic or racial minorities.
Ultimately, we believe companies perform attheir best when they attract diverse talent fromall walks of life. And by helping people to reach
their full potential while protecting human rights
across our supply chain, we can help build stronger
communities, societies, and economies.
This includes helping to close the digital divide.
While the digital economy holds promise for somany people around the world, it also threatens

to leave billions behind. That’s why we’re working
to expand access to technology while creating
training, curriculum and partnerships that empower
underserved communities. Overall, we have now
accelerated digital equity for 21 million people.
That’s up four-fold since 2021 as we work toward
our goal of 150 million by 2030.
This report provides a deeper look at each of these
efforts. You will see areas where we’re doing well,and others where we need to improve. This is notabout patting ourselves on the back—it’s about
being transparent and outlining the steps we aretaking to continue our progress.
HP has never been a company that shies awayfrom challenges. It’s one that creates solutions
beyond what we previously thought possible. And
by harnessing that same spirit of innovation, we
can keep changing the world for the better.
Saludos,

Enrique Lores
President and CEO

2022 highlights
Introduction

Human Rights

Climate Action

Digital Equity and philanthropy

About HP
Go BeyondLetter from our President
and CEO
2022 highlights
Products and services
innovation
Recognition
Sustainable Impact
Climate Action

1.1 million
MWhSuppliers representingof renewable electricity attributecertificates purchased by HP and our
suppliers during 2022, covering the
majority of our highest-impact final
assembly sites in China

of HP’s total production supplierspend have gone through social andenvironmental assessments

Human Rights
Digital Equity and philanthropy
Integrity
Appendix

43%

of HP production suppliers by spend
participating in Science Based
Targets initiative (23% validated by
the SBTi and 20% evaluated by HP)

Nearly two
million trees

planted with partners like the Arbor Day
Foundation, WWF, and Conservation
International. We more than doubled the areaof forest under responsible management
year over year, to a total of 33,460 hectares3

1 billion+

62022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

7.4 million+95%

HP print cartridges have been returnedto the HP Planet Partners recycling
program as of December 31, 2022

46,000workers reached throughcapability-building programs

US$423
millionspent in the United States with small
businesses, US$87 million with minorityowned businesses, and US$115 million
with women-owned businesses4

46.4%

of our U.S. hires were from racial/ethnic
minorities, and overall, 67% of our U.S.
hires were from underrepresented
groups, including women, racial/ethnic
minorities, people with disabilities,
and military veterans

students and teachers equipped withtechnology solutions in India, Nigeria,
and the United States through ourpartnership with Girl Rising

2.9 million+

children reached through 342 books
produced in partnership with NABU at
the HP Creative Lab at the Kigali Public
Library in Rwanda

US$3.3
millionand 76,000 laptops donated to support
refugees displaced because of
Russia’s invasion of Ukraine

258,000
hours

contributed by 15,600 employees
in 60 countries during 2022, with avalue of US$16.17 million, up about
90% compared to 20215

Products and services innovation
Introduction
About HP

In 2022, HP spent US$1.6 billion on ongoing product development tocreate the transformative and disruptive technologies of the future.

We apply rigorous design principles to improve the environmental performance of our products acrosstheir life cycles. Among our main design priorities, we work to increase the use of recycled and renewablematerials; practice responsible chemistry; enhance product repairability, reusability, longevity, andrecyclability; continually improve product energy efficiency; build in accessibility features; and create
solutions to meet challenges in healthcare.

Personal systems

Home and office printing

Large format printing

3D printing

The newest HP Dragonfly and Elite 1000 Series PCs
contain 90% recycled magnesium in the enclosure
case,6 5% ocean-bound plastic in the speakerenclosure, and bio-circular feedstock such as usedcooking oil to help lower CO2 emissions.7 All outer
packaging is also 100% sustainably sourced,8and the products are EPEAT® Gold registeredin 27 countries,9 ENERGY STAR® certified, andTCO Certified.

HP Color LaserJet Managed MFP E877 Series
printers are EPEAT Gold registered and ENERGYSTAR certified, and consume 17% less energy thantheir predecessor. They are made using over 16%
recycled plastic content, and use supplies that
contain about 60% recycled plastic content.

HP’s latest Z-series Pro printers are all
EPEAT registered and ENERGY STAR certified, andare made of 20%–30% recycled content plastic.

Podiatrists and orthotists using HP’s 3D Arize
Orthotic Solution can capture 3D renderingsof a patient’s foot, and fine-tune and prescribe
personalized orthoses for their patients—all in lessthan five minutes.16

Industrial print

Specialty printing andtechnology solutions

Go BeyondLetter from our President
and CEO
2022 highlights
Products and services
innovation
Recognition
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

During 2022, we shipped almost 70 million unitsof personal systems products in molded fiber or
hybrid foam/fiber packaging, representing about
91% of units.
HP Carbon Neutral Computing Services10 help
drive a low-carbon future by enabling commercial
businesses to offset the end-to-end carbon
footprint of their PCs.11, 12

72022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP EvoCycle toner cartridges, introduced in
France, Germany, and the UK, are designed to help
public sector and enterprise customers meet theirsustainability needs13 by incorporating reused
and recycled components—45% by weight14—from
Original HP toner cartridges.

HP’s latest PageWide Web Press inkjet printing
solution, HP PageWide A2200, uses High Efficiency
Drying (HED) technology to reduce power usage,
which is a significant contributor to the carbon
footprint of a print job. HED maximizes moisture
removal at high speed and uses heat efficiently byrecirculating up to 80% of hot air. This process uses
up to 60% less power per page compared to the HP
T250 HD.15

HP released the HP D100 Single Cell Dispenser,
capable of rapidly and precisely dispensing
single cells. This helps research labs improvetheir understanding of changes at the level of anindividual cell, generating more insights to supportscientists to make better decisions.

Recognition
Introduction

HP is recognized as one of the world’s most sustainable companies.

About HP
Go BeyondLetter from our President
and CEO
2022 highlights
Products and services
innovation

Recognition

Only tech company globallyto receive a triple “A” rating
across CDP’s Climate,
Forests, and Water lists
and Supplier Engagement
Leaderboard

Rated among the top 1% ofcompanies for social andenvironmental efforts for the
13th time in a row

Ranked second amongtech companies and fourth
overall for transparency
performance

Placed in the top 10 for
clean revenue for the fifth
consecutive year

Ranked first in the UnitedStates for environmental,social, and governanceperformance for the fourthyear in a row

Ranked first in our industry
and listed on the World Index
for the 11th year in a row

Ranked ninth among 200 of
the world’s top businesses
in the digital tech sector

Received a 100% scoreon the Corporate
Equality Index for the 19th
consecutive year

Named one of the 100 Most
Sustainable Corporations in
the World for the eighth year
in a row

Named to JUST Capital’s list
for the fifth year in a row

Named to this list for the
fourth year in a row

Recognized for productenergy efficiency for thesixth year in a row

Honored for commitment
to and momentum toward
creating sustainable markets

Named among the world’s 50
most sustainable businesses
in 2022

Recognized as an ICT
leader for commitment toaddress forced labor in our
supply chain

Recognized for efforts
to advance diversity andinclusion for the sixth year
in a row

Scored 100% for theseventh year in a row

Received SmartWay
Excellence Award for the
10th time overall and eighthyear in a row

Ranked among top five ICT
companies on supply chain
human rights

Awarded Outstanding
Leadership in
Sustainable Finance

Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

GLOBALTHE WORLD'S MOST SUSTAINABLE CORPORATIONS c

82022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Introduction
Sustainable Impact
Strategy
Governance
Stakeholder engagement
ESG materiality
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

9

Sustainable
Impact2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP’s facility in Penang, Malaysia, equipped with a solar photovoltaic array.

Sustainable Impact
Introduction
Sustainable Impact
Strategy
Governance
Stakeholder engagement
ESG materiality
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

Strategy
Sustainable Impact is at the heart of HP’s businessstrategy. We aim to be the world’s most sustainable
and just technology company, and in 2021 weannounced our most comprehensive and ambitious
Sustainable Impact agenda yet. It connects us tothe most defining and urgent issues of our time,
where we can have the greatest impact.
• Climate Action: Taking urgent and decisive action
to achieve net zero carbon emissions across ourentire value chain, give back more to forests than
we take, and innovate our products and services
for a more circular economy.
• Human Rights: Building a culture of equality
and empowerment within HP and beyond, where
diversity is sought out and celebrated, andwhere universal human rights are understoodand respected.
• Digital Equity: Accelerating equitable access to
education, healthcare, and economic opportunity
for those who are traditionally excluded so they
can participate and thrive in a digital economy.
Our strategy is rooted in science and informedby HP’s ESG materiality assessment, the United
Nations Sustainable Development Goals andother external frameworks, ongoing engagementwith stakeholders, and alignment with our corebusinesses. It prioritizes efforts where HP’s

102022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Our key focus areas

CarbonCarbonemissionsemissions

Circularity
Circularity

EmpoweredEmpoweredworkers
workers

Culture ofCulture ofinclusion andinclusion andbelonging
belonging

Education
Education

Healthcare
Healthcare

ClimateactionForests
ClimateactionForests

Social justice, racial
Social justice, racial
and gender equity
and gender equity

Economic
Economicopportunity
opportunity

Climate Action
ActionClimateHuman Rights
RightsHuman

Digital Equity
EquityDigitaltechnology, talent, and platform can do themost good. Above all, our strategy supports aculture that integrates Sustainable Impact andpurpose throughout our business and ecosystem.

reported in accordance with the Corporate Knights
Sustainable Economy Taxonomy,1 which defines
sustainable revenue as revenue from products andservices that help reduce environmental impacts.

We know we must stand for more than the products
we sell, which is why Sustainable Impact is botha business imperative and a key differentiator forthe company. HP’s sustainable revenue in 2022
represented more than 60% of total revenue,

Businesses that can decouple growth fromconsumption and greenhouse gas (GHG)
emissions, grow through an inclusive culture, andoffer solutions to some of our greatest collective
challenges will thrive in the long term. Through our

focus on Sustainable Impact, we capitalize on what
we do best while anticipating and preparing for the
next wave of global challenges. We focus on doing
the right thing, even when it is difficult, to deliver
lasting value through the power of our technology.

GovernanceIntroduction
Sustainable Impact
Strategy
Governance
Stakeholder engagement
ESG materiality
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

We integrate Sustainable Impact at all levelsof our company.
Our executive leadership team, led by our CEO,retains overall responsibility for Sustainable Impact
as part of our business strategy. All members of
the executive leadership team oversee Sustainable
Impact targets relevant to their organizations, andare evaluated annually against related objectives,
including climate action, human rights (which
includes diversity, equity, and inclusion (DEI) as wellas other topics), and digital equity. Performanceagainst these and other business objectives is tied
to total compensation.

The performances of our chief sustainability
officer and our chief diversity officer are evaluatedin part based on the management of Sustainable

112022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

The Sustainable Impact Steering Committee,
composed of representatives from across ourorganizations, provides additional oversight andhelps manage progress against our goals.

HP Sustainable Impact governance
HP Board of Directors

The HP Board of Directors’ Nominating,Governance and Social Responsibility Committee(NGSRC) oversees, periodically reviews, and, as
appropriate, makes recommendations to theboard concerning sustainability and social impact,
including HP’s significant strategies, policies,
positions, and goals relating to global citizenship,sustainability, climate change, human rights,
and digital equity, as well as the impact of HP’s
operations on employees, customers, suppliers,
partners and communities worldwide, supply chain,environment, and sustainability performance, andHP’s annual Sustainable Impact Report.
The NGSRC convenes at least four times eachyear, with additional meetings as appropriate,
and receives regular updates on our Sustainable
Impact strategy, results, and key risks andopportunities. The NGSRC provides guidanceon, and in some cases approval of, strategic
priorities and investments. As disclosed in our2023 Proxy Statement, the majority of our board
have experience in environmental and social

employee was encouraged to set an individualsustainable impact goal as part of their annual
goal-setting process.

Impact and the achievement of related targets
and metrics, both public and internal, and theseevaluations impact their compensation. OtherHP executives also have a component of totalcompensation (salary and bonus) based on
responsibility for, and effective implementationof, corporate initiatives to address climate action,
human rights, and digital equity. In 2022, every HP

responsibility–related issues, which we believestrengthens the board’s oversight of HP’s policies
and programs relating to these issues andreinforces HP’s commitment to sustainability andsocial responsibility.

Nominating, Governance and Social Responsibility Committee (NGSRC)

Executive Leadership Team Sponsors

Chief Supply Chain Officer | Chief Corporate Affairs & Communications Officer | Chief People Officer

Sustainable Impact Leadership
Chief Sustainability Officer | Chief Diversity Officer | Global Head of Finance – Sustainability

Sustainable Impact Program Management Office
Climate Action
Carbonemissions

Forests

Circularity

Human Rights
Empoweredworkers

Culture of inclusion
and belonging

Digital Equity
Social justice, racial
and gender equity

Education

Healthcare

Economicopportunity

HP
Foundation

Sustainable Impact Steering Committee

Composed of vice presidents from business units and functions across HP, who represent the Sustainable Impact
work in their organizations to meet the company’s sustainability vision and goals.
Personal
Systems

Imaging, Printing& Solutions

Workforce
Solutions

SupplyChain

Commercial
Organization

Corporate
Affairs

Marketing

Legal

Finance

PeopleDigital &Transformation

Strategy &Incubation

Stakeholder engagement
Introduction
Sustainable Impact
Strategy
Governance
Stakeholder engagement
ESG materiality
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

We gain valuable insight through regular
engagement with a range of stakeholders, including
employees, investors, suppliers, customers,
peer companies, public policymakers, industry
bodies, nongovernmental organizations (NGOs),
sector experts, and others. These interactions
build our collective intelligence, help us prioritize
critical issues, and provide insights into emerging
opportunities and risks.
Individual functions across the company drive
our approach, engaging in ways that are most
relevant to their objectives and operations.
These include partnerships, sponsorships,
collaboration on industry initiatives, customer andsupplier education, supplier capability-building
programs, supplier audits and assessments,
conference participation, employee surveys,
mentoring, and more. Appropriate stakeholders
are identified based on factors such as expertise,willingness to collaborate, reputation, location,
sphere of influence, and ability to scale andaccelerate progress.
Examples of stakeholder engagement in 2022:
Climate Action• We engage in initiatives focused on increasing
support for clean energy and combating climatechange, including RE100, EV100, CDP Supply
Chain, WWF’s Climate Business Network,
Business Ambition for 1.5°C, and Ceres. See
Carbon footprint, Supply chain, HP operations,and Product use.

• We are working with partner organizations andsuppliers to gain the most value from materials
and to keep them in use, contributing to a circular
economy. For example, we engage through the
HP Sustainable Forests Collaborative to protect,
restore, and improve responsible managementof forests, and work with WWF’s Forests Forward,
the Forest Stewardship Council®, and our
suppliers to ensure the fiber we use is responsibly
sourced. See Forests.
Human Rights• We engage in multi-stakeholder collaborations,
including the Responsible Business Alliance,
Leadership Group for Responsible Recruitment,
and Global Business Initiative on Human Rights,
to drive progress and elevate human rights bestpractices. See Human rights due diligence andSupply chain workers.
Digital Equity and philanthropy• We collaborate with Aspen Digital, a programof the Aspen Institute, to run the Digital
Equity Accelerator, which supports nonprofit
organizations around the world that are
advancing digital equity in underserved
communities. We also collaborate with Girl Rising
to advance education for women and girls, MIT
Solve to address equity challenges through social
entrepreneurship, and NABU to advance literacy
in communities around the world. Our workwith the YMCA helps young people develop theskills they need to create economic opportunity.
See Education.
Many other examples of HP’s stakeholder
engagement are included throughout this report.

122022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP Amplify Impact™

Aligned with our Sustainable Impact strategy,
our Amplify Impact program aims to acceleratechange across the technology industry byeducating and empowering HP channel partners
to create lasting positive change and maximize
sustainable business opportunities. In 2022, we
expanded HP Amplify Impact to over 40 countries
as we drive toward our objective of enrolling atleast 50% of partners in our channel program (HP
Amplify) by 2025.
Through 2022, more than 3,500 HP partners,
representing over 80% of channel partner
revenue associated with HP, enrolled and gained
access to the Amplify Impact Initiatives Hub. This
digital platform offers customized sustainability
assessments, best-in-class programs and tools,
industry-leading programs and consultants at
exclusive rates, sustainability sales training, andcustomized progress tracking.
Over 2,800 partners completed sustainability selfassessments and received personalized reports.
By the end of 2022, Amplify Impact partners
had completed more than 74,000 sustainability
training courses and submitted more than 6,800
sustainability-related sales deals.

HP was recognized by Canalys in 2021 as having
the most comprehensive channel sustainability
program in the technology industry. Partners
have stated that the program has played an
important role in enhancing their sustainability
strategies and commitments.
The Global Good Community Project Platform,
launched in November 2022, connects partners
with a curated series of projects offering
volunteer and donation opportunities throughNGOs around the world. In addition, HP’s Find a
Reseller platform spotlights HP Amplify Impact
partners to help purpose-driven businesses lookfor resellers aligned to their values.
In March 2023, we announced the winners of
the inaugural 2022 Amplify Impact Awards,
celebrating partner Sustainable Impact
achievements across six categories: Amplify
Impact Global Leader, Sustainability Business,
Business Excellence, Climate Action, Diversity,
Equity & Inclusion (DE&I) Strategy, and HP LIFE.
Learn more.

ESG materiality
Governance
Stakeholder engagement
ESG materiality
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

In 2021, we engaged the sustainability consultancy
Environmental Resources Management (ERM) to
conduct an ESG materiality assessment.2
We collected input from a broad range ofstakeholders—including HP employees andexecutives, customers, suppliers, investors, NGOs,
and peer companies—to reflect a diverse range ofviews. Our 2021 ESG materiality matrix (see right)
summarizes the outcome of this process.
In addition to determining HP’s ESG material
topics, key themes emerged, including the needfor aggressive near-term action to decarbonize,
advance the circular economy, and addresshuman rights risks and opportunities acrossthe value chain.

13

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Our 2021 ESG materiality matrix maps topics byrelative importance to HP’s business successand to external stakeholders, while also
summarizing the company’s impact in each area.
Our ESG material topics list includes definitions,corresponding GRI Standards Topics, andboundaries for each topic.

High

Strategy

HP 2021 ESG materiality matrix*
Decarbonization
Human rights: supply chain

Digital divide

Biodiversity

Data andproduct
security

Packaging

Areas of focus
Climate Action
Human Rights
Digital Equity
Governance

Human rights: operations
and downstream

Degree of impact HP
can have on topics
High

Human capital
Community
investment andinvolvement

CirculareconomyClimate change
resilience

Public policy
engagement

Relative importance to external stakeholders

Sustainable Impact

We periodically conduct environmental, social,and governance (ESG) materiality assessments
to review relevant ESG topics and reconfirm ourlong-standing areas of focus. These assessments
clarify and shape our Sustainable Impact strategy,
investments, and disclosures. This enables us tofocus on the areas where we can have the greatest
impact, determine gaps in our approach, andidentify trends and leadership opportunities for ourbusiness. ESG materiality assessment informs ourgoals-setting process, and we have set aggressive
goals related to several of our most ESG-material
topics to manage performance and drive longterm progress.

Product andoperations healthand safety

Diversity, equity
and inclusion
Corporate
governance
Ethics andanti-corruption

MediumLow

Paper and forests
Transparency and reporting
Privacy

Product energy efficiency

Water
Future of work

* Topics above the diagonal ESG
materiality threshold are considered
ESG material for the purpose of thisreport. Items below the threshold are
not covered in as much detail, but
remain important to HP.

Low

Introduction

Low

For more information on our 2021 materiality
assessment process, methodology, and findings,
see our 2021 Sustainable Impact Report. We plan
to refresh HP’s materiality assessment during2023 and include results in our 2023 Sustainable
Impact Report.

Relative importance to HP

High

Throughout this report, we use the definition of “materiality” from the GRI Standards, which is different
from the term as it has been defined by or construed in accordance with the securities laws or any
other laws of the United States or any other jurisdiction, or as used in the context of our financial
statements and financial reporting, or our reports filed with the U.S. Securities and Exchange
Commission (SEC). Topics identified as ESG material for the purpose of this report should not be
construed as being material for SEC or other financial reporting purposes.

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests

ClimateActionEnvironmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

142022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP employee tending a hydroponic farm at one of our facilities in Singapore.

Climate Action
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste

Our mission
Taking urgent and decisive action to achieve net zerocarbon emissions across our entire value chain, give backmore to forests than we take, and innovate our products
and services for a more circular economy.

Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

HP has a long-standing history of climate action.
Our ambitious goals are designed to combat
climate change by focusing on GHG emissions,circularity, and forests. We use science-basedtargets to drive progress across our value chain,consistent with emission levels required to limit
global warming to 1.5°C. Our goal is to reach net zero
GHG emissions across our value chain by 2040.
Through HP’s five climate action strategic drivers—
print and compute as a service, sustainable
materials, supply chain decarbonization, energy
efficiency, and forest investments—we aim to
reduce GHG emissions and resource consumption,
drive innovation, and transform our design andbusiness models.

15

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

By shifting toward circular design, we are working
to increase value for customers while reducing
environmental impacts. We invest in reusable,
recyclable, and sustainably harvested materials
and develop innovative ways to repurpose wastematerials. In 2022, we used 32,200 tonnes of
postconsumer recycled content plastic in HP
products—equivalent to 15% of overall plastic use.
To catalyze decarbonization within our supply chain,
we help suppliers to set and meet their own goals,

including science-based targets. Participants in
our programs avoided 231,000 tonnes of carbon
dioxide equivalent (CO2e) emissions1 and saved
40 million kWh (US$5.0 million) in 2022.
To help reduce deforestation, HP-brand paper
and paper-based packaging for home andoffice printers and supplies, PCs, and displays2
are made from recycled or certified sources.
We are going beyond our own sourcing andtaking action to protect, manage, and restore
forests by addressing every page printed on HP
printers. Through the HP Sustainable Forests
Collaborative, we are now working to counteract
deforestation for the fiber of non-HP paper usedin HP printing products and services.
HP has achieved triple “A” scores from CDP fortransparency and action on climate, forests, andwater security for four consecutive years, andhas also been recognized as a CDP Supplier
Engagement Leader. See Recognition. To drivechange within and beyond our industry, we join withother leaders in emissions-reduction efforts andgoal setting, including through the Clean Energy
Buyers Association, RE100, EV100, Ceres, CDP
Supply Chain, and WWF Climate Business Network.

Sustainable Impact goals
Goal

Progress in 2022

SDGs

Carbon emissions
Reduce HP value chain GHG emissions by
50% by 2030 (compared to 2019), and achieve
net zero emissions by 20403

HP’s carbon footprint of 26,899,500 tonnes of CO2e was 18% lessthan in 2019. Learn more.

13

Reduce Scope 1 and Scope 2 GHG emissions
from global operations by 65% by 2025,
compared to 20154

HP’s global operations produced 151,500 tonnes of Scope 1
and Scope 2 CO2e emissions, 61% less than our 2015 baseline.
Learn more.

13

Use 100% renewable electricity in ouroperations by 2025

HP’s global operations procured and generated 270,585 MWhof renewable electricity and attributes, equivalent to 55% of ourglobal electricity consumption. Learn more.

7, 13

Circularity
Reach 75% circularity for products andpackaging, by 20305

Reached 40% circularity, by weight.6 Learn more.

12

Recycle 1.2 million tonnes of hardware andsupplies by 2025, since the beginning of 2016

Recycled 879,100 tonnes. Learn more.

12

Use 30% postconsumer recycled content
plastic across HP’s personal systems andprint product portfolio by 20257

In 2022, we used 32,200 tonnes of postconsumer recycled content
plastic in HP products—equivalent to 15% achieved. Learn more.

12, 14

Eliminate 75% of single-use plastic packaging
by 2025, compared to 20188

55% reduction, from an average of 221 grams/unit in 2018 to
99 grams/unit in 2022. Learn more.

12, 14

Reach zero waste in HP operations by 20259

In 2022, we achieved an 87.7% landfill diversion rate globally.
Learn more.

12

Forests
Counteract deforestation for non-HP paper
used in our products and print services
by 203010

During the year, we addressed 32% of our total fiber footprint for
paper used in our products and print services.12, 13 Learn more.

13, 15HP withdrew 1,946,000 cubic meters of potable water acrossglobal operations in 2022, 39% less than in 2015, while continuing
to make progress on risk reduction. Learn more.

6, 12Continue to source only sustainable fiber
for all HP-brand paper and paper-based
packaging for home and office printers andsupplies, PCs, and displays11
Water
Reduce potable water withdrawal in global
operations by 35% by 2025, compared to 2015,
focusing on high-risk sites

Introduction

Working to counteract
deforestation

Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

Once the second largest forest in the world, theAtlantic Forest in Brazil is richly biodiverse, home
to many species found nowhere else. However,unsustainable agriculture, development, andlogging has left the area just 12% of its original size,
threatening the forest’s ability to provide clean air,climate regulation, soil protection, pollination, food,medicine, and drinking water for millions of people.
As part of our goal to counteract deforestation
for non-HP paper used in our products and print
services by 2030, HP partnered with WWF toprotect, responsibly manage, and restore key
forest landscapes around the world, totaling nearly
one million acres—five times the size of New York
City. In Brazil’s Atlantic Forest, we are working withconservation organizations, such as REGUA, toreplant native trees and plants, restore biodiversity
corridors, and create economic opportunities suchas ecotourism.
Over the past two decades, REGUA has supported
the protection of over 27,000 acres (11,000
hectares) of forest, planted 650,000 native
trees, restored lost wetlands, and successfully
reintroduced native animal species such as
the lowland tapir, which has been absent from
Rio de Janeiro state for over 100 years.

16

Mauricio Noqueira joined REGUA in 2002 and now
oversees the production of about 80,000 trees ayear. A leader and teacher, Mauricio is proud tocultivate the next generation of the REGUA team,
who call him “father of the planted forests.” HP’s
investment enabled the organization to expand
its staff and add another restoration team, which
includes Mariana Muniz. Born and raised in
Guapiaçu, where REGUA is located, Mariana wasinspired to work in forest restoration when she
visited REGUA during a school field trip. Today, sheworks in the nursery and advocates passionately
for the forest in her community.
REGUA is just one of 11 local forest conservation
organizations in the Atlantic Forest region that weare supporting through our partnership with WWF.
In total, as of December 2022, the partnership has
created 160 jobs and restored over 400 hectaresof the Atlantic Forest in Brazil, planting more than
390,000 seedlings of 220 species of native plants
and trees. See Forests and our video to learn more.

“One day, I’ll be able tosay: See that area overthere? As seedlings,
those trees passed
through my hands.”
Mariana Muniz,
Nursery staff, REGUA

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

REGUA employee planting trees in the Atlantic Forest, Brazil.

CarbonIntroduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data

The manufacturing, delivery, and use of HP
products and solutions require a substantial
amount of energy and natural resources. Ourcarbon footprint covers our entire global value
chain, from our suppliers14 to our operations
and our millions of customers worldwide. We
were the first global IT company to publish
a full carbon footprint, and we continue tomeasure and manage our environmental
footprint across the value chain, continually
pursuing areas for improvement.
Transforming HP to help drive a more efficient,circular, and net zero carbon economy iscentral to our Sustainable Impact strategy.

Human Rights
Digital Equity and philanthropy
Integrity

Carbon footprint
HP’s carbon footprint in 2022 equaled 26,899,500
tonnes of CO2e, 18% less than in 2019. This included
a 7% reduction in absolute GHG emissions related
to product manufacturing and a 31% decrease
associated with product energy use.
While GHG emissions from HP operations
only represent 1% of our footprint, we work todemonstrate leadership in emissions management,
reduction, and disclosure. Our global operations
produced 151,500 tonnes of Scope 1 and Scope 2CO2e emissions during 2022, a 5% decrease
compared to 2021.

2030 and 2040 goals
Reduce HP value chain GHG emissions by 50%
by 2030 (compared to 2019), and achieve net
zero emissions by 204015
Progress in 2022
HP’s carbon footprint of 26,899,500 tonnesof CO2e was 18% less than in 2019.

Appendix

In 2022, the Science Based Targets initiative (SBTi)
validated HP’s two near-term GHG emissions–
reduction targets, confirming HP’s commitment toclimate action that limits global warming to 1.5°C.
Learn more.
See additional HP GHG emissions–reduction goals.

172022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP Color LaserJet Managed MFP E877
Series printers are EPEAT® Gold registeredand ENERGY STAR® certified, and consume
17% less energy than their predecessor.

Methodological updates
This report reflects several methodological updates to improve the accuracy of our carbon footprint
calculations and to align with our 2030 GHG emissions–reduction goal. These include:• Use of an internal tool that uses product shipment and country-level product use–related data to
improve the accuracy of life cycle assessment (LCA) calculations related to product transportationand product use for personal systems and supplies (this replaces the use of less precise default
scenarios in the LCA tool)• Updated LCA-based calculations for 2022 personal systems–related production supplier GHG
emissions to account for purchases of renewable energy
Based on these updates to our methodology, we have recalculated GHG emissions data for our 2019baseline, 2020, and 2021, for comparability. These methodological updates impact Scope 3 categories
1, 4, 9, 11, and 12.

HP carbon footprint, 2022*
26,899,500 tonnes CO2e

Introduction
Sustainable Impact

16,139,000
Nonproduction suppliers

Climate Action

105,000

Sustainable Impact goals
Working to counteract
deforestation

Print**

3,797,000

CarbonWater
9,603,000

Waste
Personal systems

Circularity

Print
1,436,000

12,237,000

Materials
Forests
Environmental management

Print
219,000

Data
Human Rights

Personal systems
8,167,000

Personal systems
369,000

Digital Equity and philanthropy
Integrity
Appendix
Materials
extraction
throughmanufacturing

114,000

52,000Capitalgoods

Upstream
energyproduction

588,000
Producttransportation

131,400

20,10015,0001,000

88,000

Facilities

HP fleetBusinesstravelWaste
generated inoperations

Employeecommuting

Supply chain (63%)

Product
energy use

HP operations (1%)

126,000

22,000De minimis

Productend ofservice

Buildings
leasedto others

Investments

Products and solutions (36%)* Supply chain includes Scope 3 upstream emissions. Product transportation includes upstream (to suppliers) and downstream (to customers). HP operations includes Scope 1, 2, and 3 emissions.
Products and solutions includes Scope 3 downstream emissions.
** Includes HP-brand printer and copier paper sold, which represented 0.4% of our carbon footprint.

See also:

182022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact•

Description of our methodology in the HP Carbon accounting manual.

•

Full list of our GHG emissions–reduction goals and progress.

•

Full carbon footprint data for 2020–2022 (including by Scope 1, 2, and 3).

•

GHG emissions–reduction initiatives across our business: Supply chain, HP operations, and Product use.

•

Task Force on Climate-related Financial Disclosures index (includes links to detailed disclosuresthroughout this report, the HP 2023 Proxy Statement, and our CDP submissions).

•

HP’s 2022 CDP Climate Change response.

HP’s path to net zero emissions by 2040*
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation

How we plan to get there

Supply chain

HP operations

Products and solutions

We use GHG emissions–reduction
strategies across our value chain
to achieve our science-based targets
and limit global warming to below 1.5°C.

Our suppliers are crucial partners in this effort. We engage
closely with them to raise standards and help align theiraction with our ambition, including through:At HP sites around the world, we are taking action
to reduce our GHG emissions through company-wide
initiatives and site improvements, including by:• Supplier Sustainable Impact Scorecards todrive performance• Reducing energy consumption through optimizationand efficiency projects

By shifting toward circular product design, increasing
resource efficiency, and introducing new service models,
we are reducing the environmental impact of our products,
including through:• Supporting suppliers’ climate action through setting
their own science-based targets• Increasing offsite renewable energy partnerships and onsite renewable electricity generation

Carbon• GHG emissions–reduction projects, use ofrenewable energy certificates, and encouragementof renewable energy use

Water
Waste

• Improved product energy efficiency• Increased recycled material content• Printand compute as a service to keep products
in use longer• Products
designed to be reused, repaired,and responsibly disposed at end of life

Circularity
Materials
Forests
Environmental management

Our recent performance

Data
Human Rights
Digital Equity and philanthropy

32,754,800
tonnes CO2e

Continuing our efforts

Scaling up

By 2030, we strive to reduce our value chain GHG emissions, drive
circularity across our products and packaging, and counteract
deforestation for all paper used by our products and services.

We will continue to pursue the growth of our business while reducing
our GHG emissions and resource consumption by driving innovationand transforming product design and business models.

Key:
Net emissions

Integrity
26,899,500
tonnes CO2e

Appendix

By 2030, we strive to:• Reduce HP absolute value chain GHG emissions
by 50%, compared to 2019

Products
and solutions
14,008,000• Reach 75% circularity for products and packaging
Products
and solutions
9,751,000

HP operations
478,800

In 2040, we strive to:

HP operations
255,500

Achieve net
zero emissions

By 2025, we strive to:• Reach 100% renewableelectricity in our operations

Supply chain
18,268,000

192022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

2019 baseline

Supply chain
16,893,0002022

We plan to use high-quality
carbon credits tooffset any remaining
emissions.

• Use 30% postconsumer recycledcontent plastic across HP’s personal
systems and print product portfolios

2025

2030

* Supply chain includes Scope 3 upstream emissions. HP operations includes Scope 1, 2, and 3 emissions. Products and solutions includes Scope 3 downstream emissions. See HP carbon footprint for detail.

2040

Supply chain
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data

In 2008, HP was the first major IT company topublish aggregated supply chain GHG emissions
data. We continue working to drive progress inthis area, including through our goals. Our SBTivalidated goals, developed in collaboration withWWF experts, include ambitious reductions in
supply chain GHG emissions and demonstrate ourrigorous goal-setting process. To drive ongoing
improvement, we focus our suppliers’ attention
on improving energy management and efficiency,
using renewable energy, and setting their own
science-based targets.
See Environmental management to learn more
about how we collaborate with suppliers to manage
environmental impacts in our supply chain.

2025 goal
Reduce first-tier production supplier andproduct transportation–related GHG emissions
intensity by 10% by 2025, compared to 201516
Progress through 2021
GHG emissions intensity decreased 8%
through 2021, compared to 2015.

2025 goal
Help suppliers cut 2 million tonnes of CO2eemissions between 2010 and 202517
Progress through 2022
Suppliers avoided 1.70 million tonnes ofCO2e emissions.18

Human Rights
Digital Equity and philanthropy
Integrity
Appendix

Supplier GHG emissions performance
tonnes CO2e
2019

2020

2021

2022

Production supplier Scope 1 and Scope 2 emissions

3,000,000

2,700,000

2,400,000

Δ

Product transportation

1,250,000

1,510,000

1,620,000

1,284,000

Nonproduction supplier Scope 1 and Scope 2 emissions

190,000

140,000

105,000

Δ

Δ This data is based on supplier reporting to CDP and other platforms. As a result, this data is not available for the most recent reporting
year at the time of publication.

20

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

Production suppliers
ApproachThrough our Sustainable Impact Scorecard, we
set requirements for our production suppliers,
including related to energy use and GHG emissions
performance and disclosure. In 2022, we continued
engaging with these suppliers to drive positivechange, for example by providing training outlining
our environmental expectations.
We continue to deepen engagement with suppliers
representing GHG emissions “hot spots” in our
supply chain—such as LCD panels, printed circuitboard assemblies, and memory and storage—
identified through LCAs and directly collected
data. In 2022, this included procurement-driven
workshops with 31 suppliers, representing about
75% of HP’s production spend. Focus areas
included setting science-based targets andincreasing renewable energy use.
To ensure our suppliers’ climate action ambitionsalign with our own, since 2018, through our
Sustainable Impact Scorecard, we have required
them to set science-based GHG emissions–
reduction targets. In 2022, we worked closelywith suppliers of high–GHG impact commodities
and with the final assembly suppliers who makeour personal systems, print hardware, andprinting supplies, to support them to engage with
SBTi and set validated targets (see Performanceon right).
We have worked with suppliers since 2018 toencourage renewable energy sourcing andreporting. In 2022, 1.1 million MWh of renewableelectricity attribute certificates were purchased

21

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

by HP and our suppliers, covering the majority of
our highest-impact final assembly sites in China.
Beyond advances in our own supply chain, during2022 we also worked with other organizations toaccelerate cross-sector improvements.
• We joined the 2022 CDP Science-Based Targets
Campaign (as we had in 2021) and co-signed aletter to a large number of companies—including
many in our supply chain—urging them to set
SBTi-validated GHG emissions–reduction goals.
The 2021 campaign resulted in 213 companies
joining SBTi, 38 companies having near-termtargets approved, and 96 companies making net
zero commitments. Through this initiative, HP
influences high-impact companies beyond our
first tier, including sub-tier suppliers in industries
such as chemicals and metals.
• To support local demand for renewable energy incountries where some of our suppliers are based,
we worked with the U.S. Department of Statethrough the Clean Energy Demand Initiative to
produce letters of intent to those countries, whichwere presented at the COP26 conference in 2021.
In 2022 we continued to support this engagement.
• Since 2021, HP has been closely engaged in thedevelopment of robust new standards for the
EPEAT® eco label, which will apply to our printing
and personal systems products. The EPEAT
climate criteria were recently published, withadditional criteria still in development. Thesestandards will include supply chain environmental
criteria, which will influence the IT industry toaddress supply chain GHG emissions, water use,
and waste.

Our Energy Efficiency Program in China andSoutheast Asia, implemented in collaboration
with NGOs such as BSR, Natural Resources
Defense Council (NRDC), the World Resources
Institute (WRI), and WWF, helps suppliers to build
capabilities, identify ways to improve energy
efficiency, and explore the use of renewable energy.
Since 2010, we estimate that participants in thisand other programs have avoided 1.70 million
tonnes of CO2e emissions19 and saved a cumulative
963 million kWh (US$124 million) of electricity,
including 231,000 tonnes of CO2e emissions and
40 million kWh (US$5.0 million) in 2022.
More broadly, through CDP, our production
suppliers reported savings of 19 million tonnes ofCO2e and US$552 million from reduction initiatives
implemented in 2021.20 This demonstrates the scaleof ongoing GHG emissions–reduction activities
throughout our production supply chain, regardlessof whether driven by HP’s engagement.

Performance
In 2021, the most recent year for which data isavailable, the suppliers that make HP products
generated 2.4 million tonnes of Scope 1 andScope 2 CO2e emissions attributable to HP, 11%less than in 2020.
This decrease reflects the impact of supplierenergy-conservation measures and GHG
emissions–reduction projects, increased renewableenergy use and investment in power purchaseagreements (PPAs).

Overall, 92% of our production suppliers (byspend) reported having GHG emissions reduction–
related goals in 2021, and 43% reported sciencebased targets (23% validated by the SBTi and
20% evaluated by HP). Thirty-two percent havecommitted through SBTi to setting a science-basedtarget in the near future. By the end of 2022, 14 final
assembly suppliers for personal systems, printers,
and print supplies, as well as 11 high-impact
commodity suppliers, had set or committed to set
SBTi targets.
We also encourage suppliers to use renewableenergy. Eighty-four percent reported doing so
in 2021, by spend, with 63% reporting renewableenergy use goals.
See detailed performance data.

Seventhconsecutive
year

that HP was named by CDP as a
Supplier Engagement Leader for ouractions and strategies to reduce
emissions and manage climate risks inour supply chain.

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

222022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Product transportation
Approach
To improve efficiency, cut costs, and reduce
environmental impacts, we work to optimize ourlogistics network by consolidating shipments,
identifying new routes, and shipping directly tocustomers or local distribution centers.
HP is engaged in several programs to reduce GHG
emissions across our global logistics network.
We continue to use sustainable logistics fuels forsome shipments from Asia to the United Statesand Europe, and we expanded the program tosome routes to Latin America beginning in 2022.
As availability of technology continues to evolve,
we plan to increase the use of electric vehicles(EVs), building on the programs that we launchedin Slovakia and Singapore in 2022. We are also
exploring opportunities to implement sustainableaviation fuel for airfreight shipments.
We require product transportation suppliers to use
the Global Logistics Emissions Council Framework
to provide standardized calculations and datathat account for variation in different locations. To
drive progress across the industry and beyond, we
are working with the Clean Cargo Working Group,
the Smart Freight Centre, the Sustainable Freight
Buyers Alliance, the International Council on
Clean Transportation, and the U.S. Environmental
Protection Agency’s (EPA) SmartWay program.

HP continues to use the U.S. EPA’s SmartWay
partners as a first choice for HP products shippedby truck in the United States and Canada.21 The
program aims to improve road transportation
efficiency and reduce GHG and other emissions.
In 2022, HP was recognized with the SmartWay
High Performer award in the Shippers category,following on from our eight consecutive years
earning the SmartWay Excellence Award. During2022, we also joined the Sustainable Freight Buyers
Alliance Founders Circle, working to decarbonize
freight and create demand for low and zero
emissions across all modes of transportation.
Reducing packaging size and weight also has
the potential to decrease GHG emissions
associated with product transportation.
See Packaging innovation.

Performance
Product transportation resulted in 1,284,000 tonnesof CO2e emissions in 2022, down 21% from the prioryear. This was due primarily to reduced productshipments and improved data from producttransportation suppliers.
See detailed performance data.

Nonproduction suppliers
Approach
We purchase a broad range of goods and services
related to our operations, such as staffing,business consulting, marketing, and travel. We
prioritize collaboration with nonproduction
suppliers based on geographical risk and industry,and provide training to help improve reporting andreduce GHG emissions.

Performance
In 2021, the most recent year for which data isavailable, our nonproduction suppliers reported
105,000 tonnes of Scope 1 and Scope 2 CO2eemissions attributable to HP. See detail in
Carbon footprint. During that year, 67% of HP
nonproduction strategic suppliers produced
environmental reports.

HP operations
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

22

At our 159 sites in 56 countries around the world,
we are taking action to reduce our GHG emissions,energy consumption, water withdrawal, andwaste generation.
Most of our GHG emissions from operations are
related to the energy used to power our facilities.
To save money, drive progress toward our goals,
and reduce our climate impacts, our strategy is to:• Aggressively reduce energy consumption throughoptimization and efficiency projects• Increase on-site generation of renewable power• Procure off-site renewable power, including
renewable energy credits (RECs), utility suppliergreen power options, and PPAs
Our global operations produced 151,500 tonnes of
Scope 1 and Scope 2 CO2e emissions during 2022,
a 5% decrease compared to 2021. A key factor in
our emission reductions in 2022 was our increased
purchases of renewable electricity and attributes.
GHG emissions intensity equaled 2.4 tonnes ofCO2e per million U.S. dollars of net revenue in 2022,
a 4% reduction from 2021. HP operations consumed
essentially the same amount of energy (0.1% less)in 2022 as in 2021. See detail.
See our full carbon footprint for 2020–2022, the
HP Carbon accounting manual, and HP’s 2022 CDP
Climate Change response.
See Environmental management to learn more
about how we manage environmental impacts
from our operations.

23

2025 goal
Reduce Scope 1 and Scope 2 GHG emissions
from global operations by 65% by 2025,
compared to 201523
Progress in 2022
HP’s global operations produced 151,500
tonnes of Scope 1 and Scope 2 CO2eemissions, 61% less than our 2015 baseline.

Scope 1 and Scope 2 GHG emissions
from operations
tonnes CO2e200,000

150,000

100,000

50,000

0
2020

2021

2022

Americas
Europe, Middle East, and Africa
Asia Pacific and Japan

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP headquarters in Palo Alto, California, United States.

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights

Energy efficiency
Energy use is a significant operating expensefor HP and the main driver of our climate impact
from operations.
In 2022, our operations consumed 696,349 MWh ofenergy, essentially flat (down 0.1%) from 2021. Thiswas despite partial site reoccupancy, the additionof several new sites to our portfolio during theyear (including a large facility in South Korea),
and the inclusion of aviation jet fuel in our energy
footprint for the first time. Excluding the new sites
and aviation jet fuel, we would have achieved a
3.0% reduction in energy consumption compared
to 2021.
Energy intensity in 2022 increased by 1% in 2022
compared with 2021.

Digital Equity and philanthropy
Integrity

In 2022, we implemented 77 low- or no-cost
operational changes and 15 capital-funded energyconservation projects that are projected to reduce
future annual energy consumption by 9,416 MWh.
Examples of the capital-funded projects include:• San Diego, California, United States: Upgradedthe ventilation systems for 10 laboratories at oursite, including the conversion of 24 fume hoods
from 24/7 constant exhaust to variable exhaust.
We also installed devices to close the front
windows of fume hoods automatically when not inuse. This initiative is projected to save 522 MWhof electricity annually and 2,736 MWh of naturalgas, with a 2.7-year payback period.
• Boise, Idaho, United States: Completed a retrocommissioning project, projected to save
2,637 MWh of electricity annually, with a 1.2-year
payback period.
Learn more about how we are reducing GHG
emissions across our value chain in Supply chain
and Product use.

Appendix

Energy use from operations
MWh
2020

2021

Stationary combustion (natural gas and diesel)

119,387

126,484

119,333

Electricity*

482,119492,712492,647

Δ

74,82681,554

3,395

3,036

2,815

10.7

11.0

11.1

Transportation fleet**
District cooling and heating (purchased)
Energy intensity (MWh/US$ million of net revenue)***242022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact2022* Includes purchased electricity and electricity generated on-site.
** Includes gasoline and diesel. In 2022, this data also includes aviation jet fuel.
*** Historical energy-intensity values were calculated using HP’s annual revenue as characterized in financial reporting and direct andindirect energy use.
Δ Data is not available.

2025 goal
Use 100% renewable electricity in ouroperations by 2025
Progress in 2022
HP’s global operations procured and generated
270,585 MWh of renewable electricity andattributes, equivalent to 55% of our global
electricity consumption.

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management

Renewable energy
By 2025, we aim to use 100% renewable electricity
to power our global operations. In 2022, we
procured and generated 270,585 MWh of renewableelectricity globally (15% wind, 75% solar, 1% hydro,
and 10% other).24 Renewables accounted for 55%
of our global electricity consumption, up from 54%
in 2021. Sources of renewable electricity in 2022
included RECs, guarantees of origin (GOs), andinternational RECs (I-RECs) (85%); direct purchases(14%); and renewable energy generated on-site andon-site PPAs (1%).25 Through these purchases, we
maintained our objective to use 100% renewableelectricity in the United States.

Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix#17

on the Green Power Partnership
Top 30 Tech & Telecom list (as of
October 2022)

25

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Building on previous renewable energy initiatives,
such as the solar-covered roof at our Palo Alto,
California, United States, headquarters (a feedin tariff project), HP constructed three on-site
renewable energy projects in 2022, adding
solar panels to rooftops and parking areas that
contributed to a reduction in GHG emissions.
The largest project, located in Penang, Malaysia,
is expected to generate 2,720 MWh annually,equivalent to approximately 6% of the Penang site’s
electricity usage. Completed in January 2023, ouron-site solar PPA in Barcelona, Spain, will provide
an estimated 12% of the electricity consumed atthat location. We also completed a small on-site
solar PPA at our Singapore site during the year.
HP has sites in many energy markets where direct
procurement of renewable energy is either notallowed or is not financially feasible. In these cases,
HP is investigating virtual PPAs (VPPAs) to support
our renewable energy goals and to help add newrenewable energy to decarbonize power grids
around the world. These markets include Canada,
Israel, Malaysia, Singapore, and the United States.

Auto fleet, business travel,and commuting

Costa Rica. Wherever feasible, we require newbuilding constructions and leases to include
EV infrastructure.

Our goal is to reduce GHG emissions from HPowned or leased auto fleet vehicles by 25% by2025, compared to 2015. During 2022, our company
auto fleet accounted for 17,670 tonnes of CO2eemissions, down 4% compared to 2021 and 23%
less than in 2015. By 2030, our goal is to achievea 100% EV company fleet. We started our first EV
fleet pilots in the Netherlands in October 2020and have since introduced EV choices in sevencountries. By the end of 2022, 4% of our fleet was
EV and 35% was hybrid vehicles, including full
hybrid and plug-in hybrid vehicles.

To decrease emissions associated with businesstravel, we provide employees with low-impact
travel choices through collaboration with travel
providers, planning tools, and transportation
alternatives. In 2022, we expanded these efforts
by becoming the first North American corporation
to partner with Lufthansa airline’s Compensaid
program, offsetting employee flights through thepurchase of sustainable aviation fuel (SAF). Of
our total business air travel footprint of 15,300
tonnes of CO2e in 2022, we mitigated 480 tonnes
through SAF purchases. This partnership highlights
HP’s commitment to collaborations that signal
support of sustainable innovation in the corporate
travel industry.

We have committed to installing EV infrastructure
at all feasible sites worldwide by 2030. In 2022,
we offered EV infrastructure at 54% of 78 target
sites, and installed many new charging stations
during the year, including a standalone, solarpowered EV-charging site at our R&D facility in

See data related to business travel andemployee commuting.

Product use
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data

Energy consumed by our products during use isamong the largest contributors to our carbon andwater footprints. To help our customers decreaseenergy consumption and GHG emissions, we
design for energy efficiency and offer convenient,
service-based solutions that are designed todeliver increased value to customers throughreduced environmental impact and capital costs.
We use multiple metrics to assess progress anddrive improvement.
GHG emissions associated with product energy
use equaled 9,603,000 tonnes of CO2e in 2022—
36% of our overall carbon footprint. This equaled
a decrease of 31% in absolute GHG emissions
compared to 2019.

Personal systems

Home and office printing

Since 2019 and through 2022, the energy
consumption of our personal systems products has
dropped by 16%, on average. This includes average
estimated reductions in energy consumption of
29% in notebooks, 48% in workstations, and 13% indisplays.26 Ongoing design improvements, including
more efficient CPUs, panels, and power supplies,
have contributed to continued reductions in the
typical energy consumption of our notebooks
and workstations.

Original HP toner cartridges with HP EcoSmart
black toner deliver more energy-efficient printingof premium-quality pages.27 When HP EcoSmart
black toner became available in 2019, this new
toner formulation contributed to customers using
an average of 20% less energy when printing
compared to predecessor printing systems
not using HP EcoSmart black toner. In 2020,
HP transitioned additional HP JetIntelligenceplatforms to the HP EcoSmart black tonerformulation, enabling even more customers toexperience the improved energy efficiency ofthis advancement in low-melt toner technology.
Learn more.

See personal systems eco labels information,
including ENERGY STAR®.

Reduction in energy consumption of HP personal
systems products*% decrease since 2019

Human Rights
Digital Equity and philanthropy
Integrity
Appendix

In 2023, HP was recognized by
ENERGY STAR for ongoing commitment
to product energy efficiency forthe sixth year in a row (fourth for
Sustained Excellence)

26

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

2020

2021

2022

Desktops

-17%

-22%

-16%

Notebooks

24%

27%

29%

Workstations

15%

40%

48%

Displays

6%

18%

13%

Overall

14%

18%

16%

* The average energy consumption of HP products was estimatedannually between 2019 and 2022 using high-volume products
for all product lines including notebook, desktop, all-in-one,workstation, and thin client computers, as well as displays.
Averages are calculated using the most heavily loaded ENERGYSTAR configuration as a representative for individual platforms,
weighted by products sold. Desktops, Notebooks, Workstations,and Displays data is averaged performance data for multiple
product lines weighted by units sold. Data in the “Overall” row
for all years stated is weighted by units sold. Positive numbers
represent a decrease.

HP Color LaserJet Managed MFP E877 Series
printers are EPEAT® Gold registered and ENERGYSTAR certified, and consume 17% less energy thantheir predecessor. They are made using over 16%
recycled plastic content, and use supplies that
contain about 60% recycled plastic content.
In addition, HP+ products help businesses advancetheir climate initiatives through certified carbonneutral printing for the product use phase. 28
See printer eco label information, including
ENERGY STAR.

The advanced technology in the HP PageWide
A2200 Web Press helps to reduce power usage.

Industrial print
HP’s latest PageWide Web Press inkjet printing
solution, HP PageWide A2200, uses High Efficiency
Drying (HED) technology to reduce power usage,
which is a significant contributor to the carbon
footprint of a printed job. HED maximizes moisture
removal at high speed and uses heat efficiently
by recirculating up to 80% of hot air. This processuses up to 60% less power per page compared tothe earlier HP T250 HD model.29 Lower power usage
per page should lead to a reduction in customerpurchased electricity, and therefore a reduction in
GHG emissions.30

The analog-to-digital shift
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

HP 3D printing and industrial print technologies
are driving an analog-to-digital shift by enablingcost-efficient short runs that reduce inventory
and waste. This empowers companies to engage
with customers in new and exciting ways, including
through customized and quicker-to-market
products. In 2022, we introduced the HP Commercial
Metal Jet S100 Solution, taking 3D-printed metals tomass production by delivering high-quality parts at
scale across multiple industries.
Throughout our portfolio, we offer solutions that
apply digital technology to improve traditionallyanalog processes. For example, in the podiatry
industry, clinics are able to replace highly variable,manual processes to create custom orthoseswith accurate, repeatable, and consistent digital
workflows and 3D printing. See Healthcare.
We engage with the book publishing industry tosupport efforts to eliminate waste and reduce
environmental impact. For example:

27

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact• In 2021, HP joined the International Green
Book Supply Chain Alliance, and in 2022,
we collaborated with the UK’s Independent
Publishers Guild (IPG) to sponsor and present
the Sustainability Award.

• During 2022, we hosted two roundtables:
an industry event for publishing production
managers and other stakeholders, and a dialogue
with members of Carnstone’s Book Chain Projectin New York, New York, United States, about ways
to create more sustainable supply chains.
• We are participating in several research projects
to measure the carbon impact of book miles (thedistance a book travels from printing to sales
point) as well as a Book Industry Communication
panel in the UK researching sustainabilityrelated certifications.
HP virtual reality (VR) technology can be used bycustomers across product design, architecture,engineering, training, healthcare, and locationbased entertainment to enhance activities such as
product development, employee training, walkthrough simulation, and immersive experiences.
For example, HP VR is an innovative way to learn
and practice complex, life-saving skills in highdemand for first responders. By measuring realtime physiological insights and cognitive load, HP
VR can measure first responders’ understandingof learning new skills and improve education
outcomes while saving time. Learn more.

Life cycle assessment
HP uses LCAs and product carbon footprinting(PCF)31 to quantify the environmental impacts ofour products, analyze possible alternatives, andtarget product performance improvements thatdeliver value to our customers and our business.
We have conducted LCAs and PCFs of hundreds ofproducts over the last several years, spanning our
product portfolio. As we develop and expand ourservice-based models (which we refer to as circularbusiness solutions), we will continue to study
and quantify the potential they have to reduce
environmental impacts and drive progress toward amore circular and net zero carbon economy.
HP’s environmental impact calculations are madein accordance with International Organization forStandardization (ISO) 14040 and ISO 14044. All
impact estimates involve some level of reasonableassumptions and uncertainty, resulting largely
from industry-wide data limitations and data
quality. To mitigate this uncertainty, we developed
HP-specific tools that use a combination of HP
process and product data, as well as high-quality
LCA data. We strive to provide the most accurate
environmental impact data, but some level of
uncertainty will remain, and results should beconsidered accordingly.

83 LCAsof DesignJet printers, scanners, enterprise printers,
and cartridges conducted or updated in 2022

In 2022, we:• Conducted or updated 83 LCAs of DesignJet
printers, scanners, enterprise printers,
and cartridges.
• Completed 183 PCFs of new business HP
desktops, notebooks, tablets, workstations,thin clients, all-in-one computers, and displays
to better understand performance and informongoing design improvements.
• Certified our process to generate personal
systems PCFs in accordance with ISO 14040 and
ISO 14044, following third-party review.
• Developed a new LCA tool for cartridge
products that calculates environmental impacts
throughout the product life cycle using complete
cartridge materials data. This replaces ourprior approach, which focused on the productuse phase.
• Completed an ISO 14067–compliant, peerreviewed LCA that demonstrated the potential
to decrease GHG emissions associated withmolded fiber packaging tooling, by switching frommetal parts produced using milled aluminum tolighter parts produced with HP 3D printing, using
castor oil–based PA11. The LCA compared twoconventional tooling sets made f-rom machined
metal with two HP Advanced Transfer Toolingsets produced with HP Multi Jet Fusion 3D
printing technology, and demonstrated a possible
reduction in carbon footprint of 60%–78%.

Product certifications and other information
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

Product certifications help drive performanceacross the industry by providing comprehensive
information that enables customers to makemore sustainable product choices. Since 2020,
HP continues to have more EPEAT® Gold and Silver
personal systems products globally than any otherPC vendor, and 100% of Spectre, Envy, Pavilion,
Elite, Dragonfly and Z systems have EPEAT Goldregistration in the United States.
We share extensive product safety andenvironmental information online, and contributeto the development of new standards.

Large format printing
The newest water-based HP Latex Ink qualifies
for a range of certifications for health andenvironmental performance. For example, HP
Latex Ink was the first to be certified by UL
ECOLOGO32 and GREENGUARD Gold. HP DesignJet
Z inks33 have also achieved GREENGUARD Goldcertification34 for meeting some of the world’s mostrigorous standards for low chemical emissions
in indoor air for the finished print. In addition, ourwater-based HP PageWide pigmented inks haveattained UL ECOLOGO Certification and the Nordic
Swan Ecolabel.
All but one of the printers in our Large Format
Design portfolio and all low-volume Latex printers
are EPEAT registered,35 and all are ENERGYSTAR® certified.36

28

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Eco labels across our personal systems and printers portfolio% models, for products shipped in 2022*
Eco label

Personal systems

Printers

EPEAT (all)

88%

80%

EPEAT Gold registered

74%

20%

EPEAT Silver registered

15%

54%

EPEAT Bronze registered

0%

6%

ENERGY STAR recognizes products with superior energy efficiency

89%

90%

TCO recognizes various ergonomic and environmental features related topersonal systems

41%

N/A

Blue Angel recognizes criteria in product design, energy consumption,
chemical emissions, noise, recyclable design, and take-back programs

N/A

48%

EPEAT identifies high-performance, environmentally preferable products

Expansion of
UL ECOLOGO®
Certification for
HP inks* EPEAT data for personal systems is for models registered worldwide, and for printers is for models registered in the United States. EPEAT
personal systems segments do not add up to total due to rounding. ENERGY STAR data for personal systems (version 8.0) is worldwide,and for printers (version 3.0) is for products sold in the United States. TCO data is for commercial desktops, notebooks, all-in-ones, anddisplays shipped worldwide. For consumer printers, Blue Angel certification scope includes Austria, Belgium, Denmark, Finland, France,
Germany, Ireland, Luxembourg, Netherlands, Norway, Sweden, Switzerland, and the UK. For commercial printing systems, certification
scope additionally includes Bulgaria, Croatia, the Czech Republic, Estonia, Greece, Hungary, Israel, Italy, Latvia, Lithuania, Morocco,
Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, South Africa, Spain, and Türkiye. All data is for models shipped any time during 2022.

See also:• Eco labels• Eco Declarations: In 2022, HP provided Eco
Declarations for all major product groups in Print,
Supplies, and Personal Systems• HP product carbon footprint reports

10 HP displays

were recognized as Most Efficient by ENERGY STARin 2022.37 In all, HP has more than 790 ENERGY STAR
certified personal systems and printing products—
more than any other manufacturer.38• Product compliance declarations
and certifications• Safety data sheets

HP was the first printing
manufacturer to have ULECOLOGO Certified ink for its
large format printers. HP is now
also the first in the industry tooffer UL ECOLOGO Certification for its homeand office printing products. Original HP ink
cartridges that are UL ECOLOGO Certified
meet stringent standards in health andenvironment, manufacturing and operations,materials, energy, and more.39 As of November
2022, we offered 224 HP home and office ink
cartridges with this certification.

WaterIntroduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

Many parts of the world grapple with theavailability and quality of water, and HP
recognizes the importance of protecting thisessential resource.
Our water footprint covers our entire global
value chain, from suppliers40 to our operations
and millions of customers worldwide. We were
one of the first global IT companies to disclose
a complete water footprint. We calculate,disclose, and work to reduce usage acrossour business.

Water footprint

Supply chain

In 2022, our water footprint equaled 156,227,000
cubic meters, 4% less than in 2021. This resulted
primarily from a decrease in indirect water
consumption related to the generation ofelectricity used by HP products.

Approach

Performance

Many of our suppliers operate in regions wherewater stress is a growing threat. We workwith production suppliers to improve water
management in their operations, including by:

In 2021, the most recent year for which data
is available, production suppliers withdrew
30,000,000 cubic meters of water associatedwith HP, 17% less than in 2020. Decreased water
intensity from some of our larger suppliers
contributed to this reduction. By the end of 2021,
94% of our suppliers, by spend, had set water
management goals.

Although water withdrawal in operations only
represents 1% of our footprint, we have directcontrol over those activities. We work to minimize
water withdrawal within our facilities anddemonstrate strong practice for others in theindustry and beyond.
See also:• Description of our methodology in the HP Water
accounting manual.
• Full water footprint data for 2020–2022.
• HP CDP Water Security response.

• Maintaining our Supplier Code of Conduct, whichcontains provisions on water management,
pollution prevention and resource use reduction,and environmental permits and reporting.
• Identifying supplier sites in water-stressed
areas using water risk assessment tools suchas the WRI’s Aqueduct Water Risk Atlas tool,and identifying sites that manufacture relatively
water-intense products and commodity types.

• Working with suppliers to use best practiceframeworks to improve their reporting
practices and, when appropriate, to enhancewater management.

See Environmental management to learn more
about how we collaborate with suppliers to manage
environmental impacts in our supply chain.

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

See HP’s 2022 water footprint.

• Asking suppliers to report water risk, use, andmanagement information through the CDP
Supply Chain program.

• Using our Supplier Sustainable Impact Scorecard,
which includes water stewardship criteria.
This tool scores suppliers for transparently
reporting water withdrawal and for having apublic, company-wide policy or governancestructure for water at the board of director or
top executive level.

29

See detailed performance data.

17%

reduction in water withdrawn
by production suppliers
compared to 2020.

HP operations
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

Water withdrawal associated with our operations
makes up 1% of our total water footprint. This isroughly evenly split between direct withdrawal
as described in this section (mainly for use inbuildings, cooling, landscaping, and production ofhigh-purity water for manufacturing) and indirect
withdrawal associated with generation of theelectricity we use in our facilities.
In 2022, we withdrew 2,227,000 cubic meters ofwater overall, 13% less than in 2021. The majority ofthis decrease was due to water-reduction projects
at two sites (see next page), as well as decreases in
production. The annual intensity factor adjustment,
which applies to sites where water data is
extrapolated, decreased our estimated water
withdrawal by 67,000 cubic meters during the year
(equivalent to 3% of the total). Water withdrawal
intensity per million U.S. dollars of net revenue
decreased by 12% between 2021 and 2022.
See Environmental management to learn more
about how we manage environmental impacts
from our operations.

2025 goal

Achieved

Reduce potable water withdrawal in global
operations by 35% by 2025, compared to 2015,
focusing on high-risk sites

30

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Progress in 2022
HP withdrew 1,946,000 cubic meters of
potable water across global operations in
2022, 39% less than in 2015, while continuing
to make progress on risk reduction. We are
now developing a new quantitative goal, while
maintaining our focus on high-risk sites.

To decrease water use at our facilities, weemploy sustainable landscaping, infrastructure
upgrades, leak monitoring and detection, andgreywater reuse. At some locations, we reduce
our dependency on potable water by utilizing
alternative sources, including rainwater andreclaimed water.
We use the WRI’s Aqueduct Water Risk Atlas
tool to assess the risk of sites and prioritize
reductions in water-stressed locations. Using thistool, we assessed 159 HP facilities as part of ourrisk modeling for 2022. Sixty-four of the facilities
assessed (40% of the total) fall within the highor extremely high categories for baseline water
stress.41 We withdrew 238,000 cubic meters ofwater from these locations, representing 10.7%
of our overall water withdrawal. At the 24 of thosesites where we directly track data (representing
76.7% of withdrawal volume from high- andextremely high–risk areas), water withdrawal
decreased by 23,000 cubic meters, an 11.3%
reduction compared to 2021. At the other 40 sites(where water withdrawal data is extrapolated), theannual adjustment to the intensity factor resulted
in a decrease of 29,000 cubic meters in ourestimated withdrawals year over year.
HP recycled or reused 279,000 cubic meters ofwater42 globally during 2022 for landscaping
and indoor plumbing fixtures, and as processwater. This was equivalent to 12.5% of total water
withdrawal. The company also captured and used
2,000 cubic meters of rainwater for cooling towers
during the year.

Water withdrawal*
Cubic meters
2020

2021

2022

Americas1,126,000

1,132,000

944,000

Europe, Middle East, and Africa

252,000

163,000

118,000

Asia Pacific and Japan

1,219,000

1,262,000

1,164,000

45.9

40.3

35.4

Water withdrawal intensity (cubic meters/US$ million of net revenue)* Historical withdrawal-intensity values were calculated using HP’s annual revenue as characterized in financial reporting andwater withdrawal.

Water withdrawal by source
percentage of total*
2021

2022

Municipal water

87.3%

87.3%

Wastewater from another organization**

12.1%

12.5%

Other***

0.5%

0.1%

* Data for each year does not add up to 100% due to rounding.
** NEWater: ultra-purified wastewater used in manufacturing operations in Singapore.
*** This category includes groundwater (well water) and surface water (rainwater).

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

Water-saving projects completed during2022 included:• Singapore: By using recycled water in cooling
towers, we reduce demand on municipal treatedwater and saved about 12,500 cubic meters in
2022, roughly 4% of overall water use at the site.
• Corvallis, Oregon, United States: Irrigatingsite landscaping with rainwater obtained fromdewatering wells, rather than potable municipal
water, saves more than 62,000 cubic meters on
an annual basis,43 and efficiency improvements in
our reverse osmosis system save another 99,000
cubic meters of water annually. Together, thesesavings are equivalent to roughly 15% of the site’s
overall water usage from the prior year.
See detailed water data for 2020–2022, the HP
Water accounting manual, and our CDP Water
Security submission.

Wastewater
Wastewater from HP operations does notpresent a significant risk to the environment in
the locations in which we operate, due to thewastewater infrastructure and regulations in theselocations. Where required, discharge quality isverified by an independent third party to ensurethat environmental, health, and safety (EHS)
performance is consistent with our commitment
to the HP EHS Standards for Air and Water within
the HP Environmental, Health and Safety Policy,
and that we meet or exceed all applicable legal
requirements, local codes, and regulations.
Our imaging and printing product manufacturing
facilities generate process effluents that are pretreated, strictly monitored, and discharged under
government-issued permits to municipal sewers or
third-party treatment plants. These permits require
dischargers to use the best available treatment
technologies to eliminate harmful discharge,
dependent on the types of pollutants present in
the wastewater. HP does not discharge directly
to waterways.
We implement procedures to prevent unauthorizeddischarges of chemicals to our facility wastewater
systems and ensure that our sites do not discharge
untreated wastewater directly to surface water or
to groundwater.

31

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Waste water reclamation in HP’s Singapore facility.

WasteApproach

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity

Supply chain

Responsible waste management is a key partof reducing our environmental impacts. We
work to minimize waste in our operations,following a global policy of “reduce, reuse,
and recycle,” and we collaborate to support
strong practices throughout our supplierbase. Through innovative design and circularprinciples, as well as extensive product takeback programs, we strive to get as much value
as possible from the materials we use.

Materials

We work with production suppliers to encourage
waste measurement and reporting, reduce waste
volumes, and drive progress toward a circular
economy. HP requests our suppliers to reporton waste using RBA-Online, with tools HP helped
develop through our participation in the RBA
Environmental Sustainability Workgroup.
See Environmental management to learn more
about how we collaborate with suppliers to manage
environmental impacts in our supply chain.

Forests

Performance

Environmental management

During 2021, the most recent year for which data isavailable, our suppliers generated 117,000 tonnesof nonhazardous waste associated with HP, a
7% decrease from 2020. This was primarily due toreduced waste generation at significant suppliers
through waste prevention related to their circularity
efforts, reuse, and recycling efforts. Suppliers
generated 54,000 tonnes of hazardous waste
associated with HP in 2022, up 17% comparedto the prior year. This variation was partly due toimproved reporting of hazardous waste data by astrategic supplier. By the end of 2022, 69% of our
production suppliers, by spend, had set wasterelated goals.

Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

See detailed performance data.

32

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

One billion+ HP print cartridges have beenreturned to HP Planet Partners recycling
program as of December 31, 2022.

HP operations

Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

HP generated 18,800 tonnes of nonhazardous
waste in 2022,44 a 35% increase from 2021, due
primarily to employees returning on-site, whilesites took time to reintegrate zero-waste protocols
and workplace measures. During the year, weachieved an 87.7% landfill diversion rate globally.
We recovered 600 tonnes of used electronicequipment from HP operations. We reuse electronicequipment when possible or recycle it responsibly
through the same programs we offer customers.
See Product repair, reuse, and recycling.
In 2022, we conducted in-depth audits of our waste
streams at several sites, prioritizing sites with thelargest waste volumes. Following these audits,
the HP Zero Waste Operations team developed
tailored action plans to improve waste diversion
at each site. As a result, composting initiatives at
the San Diego, California, United States; Kiryat Gat,
Israel; and Penang, Malaysia, sites are expected
to divert approximately 35 tonnes of waste fromlandfill annually. Waste-segregation centers inKiryat Gat and plastics-reclamation projects inBarcelona, Spain, are estimated to prevent morethan 90 tonnes from reaching landfill annually.
See Environmental management to learn more
about how we manage environmental impacts
from our operations.

33

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Composition of nonhazardous waste and used electronic equipment recovered from HP operations, 2022*
percentage of total

Reach zero waste in HP operations by 202545
Progress in 2022
In 2022, we achieved an 87.7% landfill diversion
rate globally.

Landfill 12.3%

31.8% Paper

Hazardous waste
The main hazardous waste we generate isliquid from ink-manufacturing facilities. These
manufacturing sites prioritize waste management
options with low environmental impacts andonly use disposal as a last resort. Although ink
manufacturing is a source of hazardous waste,
Original HP ink cartridges used by customers andin our offices can be recycled and are considered
nonhazardous waste in many of our major markets.
We generated 7,820 tonnes of hazardous waste
in 2022.

Waste to 5.6%
energyl 87.7 %Climate Action

2025 goal

Other** 20.0%

See detailed waste data for 2020–2022.

d f ilSustainable Impact

We employ a global policy of “reduce, reuse, andrecycle,” which supports our company-wide shift
toward a circular economy.

DianIntroductionverted fro ml

See HP’s latest disclosure to the U.S. EPA Toxics
Release Inventory.
HP is conducting environmental investigations
and/or remediation at several current or former
operating sites. Some historical manufacturing
activities of HP and predecessor companies
used chemicals now known to have contaminatedsoil and groundwater. We are also involved in
the cleanup of sites affected by the improper
disposal and recycling of HP’s waste by third
parties. HP proactively works to implement avariety of remediation activities in cooperation
with regulatory agencies.

Metals 2.8%
Used electronic 2.9%
equipment
recovered from HP
operations

17.3% Packaging
materials

7.3% Pallets* HP sites report nonhazardous waste volumes and disposition based on information provided by our waste-disposal vendors. For sites
unable to directly track nonhazardous waste, we estimate volumes and disposition using intensity factors based on similar operations.
** Includes food organics, green waste, reused materials, and donations.

Circularity
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
AppendixThrough innovative products and services, weare progressing toward our vision to become afully circular company. We aspire to use 100%
renewable energy and send zero waste tolandfill across our manufacturing processes.
Our products incorporate increasing amountsof recycled materials, including ocean-boundplastic. We also design them to be durable andeasily repaired so they can stay in use for as
long as possible, while our innovative, servicebased solutions reduce environmental impacts
through extended life, device optimization,and simple take-back. Our repair, reuse, andrecycling services help to recover products,
components, and materials for the next
generation of products. We are also improving
energy efficiency, using more sustainable
materials, and making substantial investments
in forests.

Our rigorous circular design principles drive
progress toward a circular and net zero carbon
economy through our portfolio of personal
systems, home and office printing solutions, large
format printing, industrial print, and 3D printing
products and solutions.
See the HP Circularity accounting manual.

Product repair, reuse, and recycling

121,000 tonnes

1 billion+

total reuse and recycling of hardware
and recycling of supplies.

HP print cartridges returned to the HP
Planet Partners recycling program as ofDecember 31, 2022.

2030 goal
Reach 75% circularity for products andpackaging by 203046
Progress in 2022
Reached 40% circularity, by weight.47(See data)

In Spain, HP’s Device Recovery Service ishelping the Renault Group to reduce its carbon
footprint, achieve its social responsibility
goals, and promote a more circular economy.
Learn more.

Go Beyond34

2022 progress in circularity for products and packaging

Recycled materials

32,200 tonnes

5.4 billion+of postconsumer recycled content plasticin HP products, equivalent to 15% of overall
plastic use.

Original HP and Samsung cartridges
manufactured using a cumulative
142,000 tonnes of recycled plastic, since 2006.

More than 95%

Almost 70 millionof home and office printers, laptops, notebooks,
displays, and workstations shipped tocustomers included recycled materials.

units of personal systems products shippedin molded fiber or hybrid foam/fiber packaging,
representing about 91% of units shipped during
the year and 7% more than in 2021.

Product as a service

HP Carbon Neutral
Computing Services

48

help drive a low-carbon future by enabling commercial businesses tooffset the end-to-end carbon footprint of their PCs.49, 50
2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Design for circularity
enhance product repairability, reusability, longevity,
and recyclability; continually improve productenergy efficiency; and build in accessibility
features. Our program has continually evolved
in response to technological and scientificdevelopments, changes to our supply chain, andcustomer demand.

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management

At HP’s Design Studio, see how our team takes
creative leaps in the quest for lower-impact
products. Learn more.

Go Beyond

Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

Design plays a critical role in determining a
product’s environmental impacts. We apply
rigorous design principles to improve theenvironmental performance of our products acrosstheir life cycles. In 1992, we developed our Designfor the Environment program (now called Design for
Circularity) to formally consider factors impacting
sustainability performance throughout the productdesign and development phases.
We use a science-based approach to evaluate
our products, identify and prioritize improvement
opportunities, and set goals. In 2022, we joined
the Circular Electronics Partnership (CEP) to alignwith other industry leaders in better understanding
how to use circular solutions to address complex
challenges, such as increasing the use of recycledsteel in electronics.

35

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Among our main design priorities, we work toincrease the use of recycled and renewablematerials; practice responsible chemistry;

Investing in R&D

Product design and development operations
for our personal computing products, LaserJet
Enterprise Solutions, and InkJet Printing Solutions
are ISO 14001 certified. We conduct internal
compliance audits and benchmark against industry
best practices on an ongoing basis.
Relevant products obtain a range of external
certifications (see Product certifications andother information).

28 million
metersof cord was avoided in 2022 because
about 70% of inkjet printers and 3% of LaserJet
printers were shipped without USB cords
and many of the others were shipped withshorter USB cords.

HP Labs aim to create, identify, and develop
novel technologies and experiences that delightcustomers and define our future. In 2022,
HP spent US$1.6 billion on ongoing productdevelopment to create the transformative anddisruptive technologies of the future. We invest
in areas where we can make the greatest impact,
and sustainability is integrated into our overall
research agenda.
The majority of our R&D spending focuses oninventions and development for products that will
be released in the next one to two years. The rest

is dedicated to HP Labs and the business units for
new business creation (including 3D printing andmicrofluidics), and for developing technologies
that will mature over the following three toseven years.
Our research yields promising applications
for more sustainable outcomes in industry,healthcare, and other fields.
As of October 31, 2022, HP’s worldwide patentportfolio included over 28,000 patents.

Durability, repairability, and reusability
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials

HP offers services related to optimization,
maintenance, and renewal that extend product life,
capture more value from natural resources, andreduce environmental impact.
We provide free service documentation for mostproducts, supplemented with service options andwarranties, including through HP Care Pack Central.
The HP Customer Self Repair web page provides
information and the HP Parts Store sells PC andprinter parts. HP Renew Services helps customers
securely recover and repurpose or recycle end-ofuse devices.

Forests
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

8+ bottles’

worth of plastic saved when afour-piece set of HP953 cartridge
is reused.

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

We test the quality and durability of our Pro andElite notebooks, Pro and Elite desktops and Allin-Ones, and select workstations and mobile thinclients, using the rigorous military MIL-STD-810G
standard. See our technical white paper, which
includes information about testing the ruggedness
and reliability of HP Business PCs as well as
detailed test results.

Home and office printing
solutions
Many of HP’s home and office printers adhere
to relevant eco label standards for extending
product life and conserving materials, including
EPEAT® specifications based on IEEE standard
1680.2, as well as Blue Angel environmental
criteria. Through modular design, we increase
upgradeability and enable many of our printers tobe easily disassembled for repair or recycling.

Environmental management

36

Personal systems

In the summer of 2021, we launched the pilot
phase of HP Instant Ink with Planet Partners inGermany (the pilot ran through the summer of2022). Introduced to several hundred Instant Ink
subscribers, the initiative allows customers tochoose renewed ink cartridges instead of new
ones. Renewal reduces the use of materials suchas virgin plastics. The pilot increased the total
number of times a cartridge was used to two(including one reuse) and we are working to further
increase the total number of uses to four. Eachfour-piece set of HP 953 cartridges saved theequivalent of more than eight 0.5 liter (16.9 ounce)bottles’ worth of plastic. Once cartridges can nolonger be renewed, they are able to be recycled by
HP Planet Partners.

This pilot (as well as EvoCycle—see callout)demonstrates customer interest in innovative
delivery models that reduce the environmental
impact of print supplies. Based on an exit survey
we conducted, 98% of pilot customers wanted tocontinue using HP renewed ink cartridges, rating
their experience the same or even slightly better
than the standard Instant Ink program. The pilot
also confirms that we can deliver this service
without impacting the quality and reliability that ourcustomers expect: we did not receive any customer
complaints or support calls related to HP renewed
cartridges. This innovation also supports progress
toward our carbon neutrality and circularity goals.

Large format printing
HP’s Splash-resistant Bond Paper offers customers
improved splash resistance52 on an economical
paper with HP Bright Office Inks on HP DesignJet
T-series printers. Our new Z-series Pro printers are
all EPEAT registered and ENERGY STAR® certified,and are made of 20%–30% recycled content plastic.
HP Latex Inks are designed to provide indoor andoutdoor durability and versatility across common
media types used in sign and display applications.
Learn more.

HP EvoCycle tonercartridge

HP EvoCycle toner cartridges, designed tohelp public sector and enterprise customers
in their sustainability journeys,51 were available
in France, Germany, and the UK in December
2022. Incorporating reused and recycled
components from Original HP toner cartridges
returned within the region through the HP
Planet Partners program, EvoCycle cartridges
include 76% reused and recycled components(excluding toner and parts that directly impact
print quality), or 45% by absolute weight.53
This innovative process enables EvoCycle
cartridges to have a lower production-phasecarbon footprint than standard Original
HP toner cartridges,54 while supporting thecircular economy by using less virgin plastic.
HP EvoCycle cartridges are manufactured
in France from cartridges collected acrossEurope, keeping production within thelocal economy.

Print and compute as a service
Introduction
Sustainable Impact

Image permanence

Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

372022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Original HP inks, printed on HP Bright White
paper and stored in the dark, will achieve
Wilhelm Imaging Research Dark Storage
Permanence Ratings of “Greater Than 200
Years” with fully pigmented ink systems and“Greater Than 100 Years” with pigmented blackand dye color ink systems. These results apply
to HP large format printing as well as HP homeand office printing solutions. Learn more.

Industrial print
HP digital presses are major capital investmentsfor our customers, and are designed for
upgradeability, repair, and refurbishment. Throughfirmware updates and component upgrades,
HP Indigo presses used by customers are kept
up to date. The HP Indigo Certified Pre-Owned
program enables us to keep products in use forlonger, reducing waste while allowing customers
to access HP Indigo products at a lower pricepoint. In 2022, we sold 98 pre-owned presses
to customers through the program (17% of totalpresses delivered).
As of 2022, 97% of all HP PageWide presses
installed are still in use, including the first twopresses installed in 2009 and 93% of thoseinstalled over 10 years ago. They are kept at theirhighest value through upgrades such as HighDefinition Nozzle Architecture technology and HP
Brilliant Inks. By extending product life, more value
can be captured from natural resources while
reducing environmental impact.
Designed to offer configuration flexibility, the HP
PageWide Advantage 2200 features a modular
design that allows customers to start with a lowercapacity machine, enhancing it as their needs
evolve. Customers can select one, two, or threedryer modules along with passive or active web
cooling modules. In addition, this press features
a compact, single-engine duplex design, providing
high quality and productivity while saving floor
space. Learn more.

HP’s service-based solutions are designed
to deliver increased value through reduced
environmental impact and capital costs.
Customers can access the latest technology while
HP oversees fleet management and maintenance,
reducing waste and decreasing the GHG emissions
associated with individual product shipments
and customer store visits. At end of service, we
recapture value from materials through a rangeof product repair, reuse, and recycling options.
Our ongoing customer relationships provide
valuable insights on end user behavior and needs.

HP Workforce Solutions
HP Workforce Solutions, launched in November
2022, empowers customers with technology
solutions that grow with the way they work. HP
is combining hardware, software, and services
to build a connected solution that relieves theIT burden, streamlines the employee experience,protects a hybrid workforce, and reduces
environmental impact.

HP Device as a Service
Our expanding HP Device as a Service (DaaS)55
offering provides flexible, outcome-driven managed
workforce solutions to unlock the potential of IT
and customers’ businesses in an ever-changing
world. This device life cycle management solution
brings the right devices, repair services, and AIdriven analytics in a predictable payment so IT
departments can plan and prioritize their budgets,
while helping to reduce IT environmental impacts.

HP Renew Services
HP Renew Services56 enables customers toaccelerate their sustainability goals through more
responsible computing practices. This portfolio
currently includes the following offerings:• HP Device Recovery Service securely recovers
customers’ end-of-use hardware through simple
device collection and data wiping services,so devices can be repurposed or responsibly
recycled.57 Watch our video for more details.
• HP Recycling Services aim to reduce waste andenvironmental impact by responsibly recycling
customers’ used devices in accordance withindustry-leading standards through rigorously
audited, HP-approved partners.58• HP Carbon Neutral Computing Services59 help
drive a low-carbon future by enabling commercial
businesses to offset the end-to-end carbon
footprint of their PCs.60, 61• HP Revitalize62 will be available in some locations
beginning in 2023, and will equip customers
with HP-certified, refurbished laptops thatdeliver optimal performance and reliability,
while enabling the circular economy.

HP Managed Print Services
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

38

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP Managed Print Services (MPS) helps clientsmanage and optimize their printer fleets, digital
workflows, and paper consumption by combining
hardware, supplies, software, and consulting andmanagement services. In late 2020, HP Direct
MPS (dMPS) was CarbonNeutral® certified inaccordance with The CarbonNeutral Protocol (itwas recertified in 2021 and 202263), and was theworld’s most comprehensive carbon-neutral MPS
offering.64 In 2021, HP Component MPS (cMPS)
was CarbonNeutral certified (and was recertified
in 2022), giving partners a way to make theircontractual obligations carbon neutral using thesame standards as HP Direct MPS.
We work to reduce GHG emissions across thelife cycle of our products, including by improving
resource efficiency, promoting settings and user
behaviors that reduce energy and paper use, anddriving responsible end-of-life activities. For any
remaining emissions, we support carbon offset
projects across the globe in partnership with
Climate Impact Partners. All carbon credits we buy
are verified to an International Carbon Reduction
and Offset Alliance–endorsed international carbon
standard.65 Learn more.
HP MPS end-to-end solutions for HP-branded
devices can also help businesses reduce andoffset the impact of printing by estimating thetotal carbon emissions from HP-branded printing
solutions. HP uses LCAs that are verified by anindependent third party and conform to ISO 14040
and ISO 14044, to understand the total carbon
footprint for HP printing and imaging devices,
paper, and supplies. Using this data, along withinformation unique to each customer, we calculate
total carbon emissions for a customer’s fleet.

HP Instant Ink
HP Instant Ink helps home users andmicrobusinesses remain productive by ensuring
they never run out of ink or toner.66 The service
anticipates when a cartridge is running low andsends replenishments as well as new recyclingenvelopes (for ink cartridges) or recycling labels/
information (for toner cartridges) automatically.67
Customers using this service save up to 50% on
the cost of ink68 or toner.69 HP offers this service
in 38 countries, including access to cartridge
recycling in most of those locations.70
Additionally, in 2022 HP introduced an Instant Ink
Paper Add-on Service, based on pages printed justlike the HP Instant Ink subscription. Customers
simply choose a paper plan that corresponds totheir ink plan.
Once the customer is enrolled in the Paper Addon Service, the printer will track pages printed,
and HP will automatically send new paper as thecustomer begins to run low.71 The service uses
excellent quality, responsibly sourced HP paper
engineered for versatility to support a wide rangeof everyday color printing. This paper is also
certified by the Forest Stewardship Council® (FSC®)
where available.72

Large format printing

Industrial print

HP Professional Print Service supports circularity
by prolonging the life of large format printers. Alongwith real-time printer configuration, monitoring,and support, HP’s PrintOS app deploys proactive
notifications to identify potential device issues
and initiate timely resolutions. Subscriptions
also include on-site support, spare parts, andmaintenance fees, helping to reduce the needfor printer replacements and limiting unexpected
costs and delays.

HP offers Print as a Service in our industrial print
portfolio with the Indigo click charge per print andmonthly service business models, which include
supplies and spare parts. We continually invest ininnovations to extend the lifespan of supplies andspare parts.
HP PrintOS is a cloud-based print production
operating system that makes it easier to manage
any number of print jobs, increasing press
utilization, automating production, and delivering
accurate color consistently between runs, andacross presses and sites. HP also provides
services to repair, renew, and upgrade ourindustrial print presses, as well as consumables
recycling and end-of-service solutions.

Product repair, reuse, and recycling
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation

2025 goal
Recycle 1.2 million tonnes of hardware andsupplies by 2025, since the beginning of 2016
Progress through 2022
Recycled 879,100 tonnes.

CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity

We design HP products to use resources efficiently
and to last a long time. When products reach theend of their service, our robust repair, reuse, andrecycling programs help ensure that products andmaterials are repurposed, keeping them at theirhighest-value state for as long as possible. These
programs reduce waste, give many materials andproducts renewed life, and support our drive toward
a more materials-efficient circular model.
See HP’s Statement on E-Waste and Used
Electronic Equipment.

Appendix

Customer take-back programs
HP provides take-back programs in 76 countries
and territories worldwide73 through a global
network of reuse and recycling vendors.

1 billion+

HP print cartridges have beenreturned to the HP Planet
Partners recycling program asof December 31, 2022.

39

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP cartridge recycling.

HP global take-back programs for customers*
ProgramDescription

Progress in 2022

Repair and reuse
HardwareIntroduction
Sustainable Impact
Climate Action

CarbonWater
Waste
Circularity

Hardware
Available in 66
countries andterritories

Reuse vendors must comply with the Media Handling Standard for information
security (included in the Hardware Reuse Standard), which requires the full anddocumented erasure or destruction of all data-containing devices.

1.2% overall reuse rate of relevant HP hardware
sales worldwide****, ^HP Revitalize, available in some locations beginning in 2023, equips customers
with HP-certified, refurbished laptops that deliver optimal performance andreliability, while enabling the circular economy.**, ***HP recycles hardware (both HP and non-HP) that cannot be economically repairedor reused.
Consumers, home office, and commercial users have various free recycling options
for used equipment, including HP recycling vendors that provide take-back andrecycling services or free drop-off for our products in many countries.

HP Recycling Services offers custom recycling programs for commercial andenterprise customers, which include reverse logistics and data sanitization witha certificate if they purchase that service.

100,600 tonnes of hardware recycled

Watch our video showing the recycling process.

89.6% of the total volume of products and materials taken backin 2022 was reused or recycled by HP or by a third party

Recycling vendors must comply with the Hardware Recycling Standard.

We belong to compliance systems to comply with producer responsibility
requirements of the European Union (EU) Waste from Electrical and Electronic
Equipment (WEEE) Directive^^ and end-of-life legal obligations in countries across our
Americas, Asia Pacific and Japan, and Europe, Middle East, and Africa regions.

Recycling vendors must comply with the Media Handling Standard for
information security (included in the Hardware Recycling Standard),
which requires the full and documented erasure or destruction of all datacontaining devices.

In the United States, customers can drop off hardware at Best Buy stores through ourclosed-loop recycling program.

We publish disassembly instructions for use by end-of-life recyclers ortreatment facilities.

Ink and tonercartridges

HP provides free and convenient ways to recycle used Original HP ink and tonercartridges and Samsung toner cartridges.

See how we recycle ink cartridges and toner cartridges.

Available in 67
countries andterritories

Home and commercial customers can return Original HP ink and toner cartridges
for free to more than 18,900 authorized sites worldwide. Free pickup and mail-back
options are available in most countries.

Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy

Appendix

We provide customers with guidance about how to repair their own HP products. See
Durability, repairability, and reusability.

5,233,000 units of hardware repaired

Recycling

Materials

Integrity

Our Hardware Reuse Standard outlines our requirements for vendors andsubvendors who provide reuse, remanufacturing, or remarketing services for HP.

HP Device Recovery Service** enables commercial customers to securely retire their
end-of-use devices with simple device collection and data sanitization services, sotechnology can be responsibly repurposed or recycled while customers receive any
residual value. Watch our video.

Sustainable Impact goals
Working to counteract
deforestation

Our remanufacturing programs help to extend hardware lifespan, with the aim of
reducing environmental impacts from replacing products that still have useful life.

Recycling vendors must comply with the HP Supplies Recycling Standard.

15.8% overall recycling rate of relevant HP hardware
sales worldwide^^^10,900 tonnes of Original HP and Samsung tonercartridges recycled
82.5% of materials recovered are recycled and used in otherproducts, and 0% went to landfill
1,300 tonnes of Original HP ink cartridges recycled
79.9% of materials recovered are recycled and used in otherproducts, and 0% went to landfill
1,400 tonnes of HP Indigo ink canisters and imaging oil recycled

HP offers responsible processing and recycling of batteries, packaging, and HP 3D consumables^^^^ in some countries in accordance with extended producer responsibility through legally approved schemes. See more information and details about these
programs: https://hp.com/recycle
*
**

40

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Descriptions of offerings in this table are as of report publication. Performance data is as of October 31, 2022. Availability of offerings varies by location. View a full list of reuse and recycling programs by country.
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.
*** HP Revitalize offers refurbished products that are HP certified, including cosmetic grading, functional testing, data wiping, re-image, and HP OEM parts. Select HP commercial G5 and higher devices are eligible for this service.
**** Reused material is defined as recovered products or components of products that are used for the same purpose for which they were conceived. A reused product/part should replace a new product/part shipment, and the product/part needs to have been used by a user andrefurbished before being sent to a different user. Prior to 2021, this data also included some units remarketed to customers without being previously used and refurbished. Beginning in 2021, most reuse data is based on the actual weight for every product, adjusted for estimatedamounts that were recycled or for which no issues requiring repair were found. Prior to 2021, data was estimated based on the average weight of each product category.
^
The reuse rate is based on the weight of hardware products returned for reuse compared to the weight of our product sales during the year.
^^ During 2022, 36,891 tonnes of waste electronic equipment was collected on HP’s behalf to comply with producer responsibility requirements of the EU WEEE Directive, compared to 74,954 tonnes of HP electronic equipment placed on the relevant markets during the year. Data
includes EU countries in which the authorities or the legislative system provide visibility of the recycling volume allocated to HP. Take-back volumes related to non-EU legislation are excluded.
^^^ The recycling rate is based on the weight of hardware products returned for recycling compared to the weight of our product sales from seven years ago (the estimated average lifespan of our products). It is impractical for HP to report the recycling rate by product category, as
materials are not typically sorted at collection points. This rate also does not include packaging recycling, due to limited data available from recyclers.
^^^^ In calendar year 2022, HP recycled 96 tonnes of 3D printing powders and printed parts collected from customers.

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

Product reuse andrecycling vendors
We work with a global network of vendors toprovide product reuse and recycling services
to customers around the world. To promotetransparency and drive social and environmental
standards in the electronics industry supply chain,
we publish a detailed list of our reuse and recycling
vendor sites, updated annually.

Vendor audits
Our specialized reuse and recycling vendors are
required to follow specific processing techniquesand comply fully with relevant regulations.
HP prefers our vendors to attain third-party
certification (R2, e-Stewards, or WEEELABEX),
in line with EPEAT® and HP Recycling Standards.
We also commission third-party audits to monitor
vendor conformance with our high standards
and ensure that returned items are processed
appropriately. We contract with Environmental
Resources Management (ERM) to audit vendors
for conformance with the following policies andvendor standards:• Export of Electronic Waste to Developing
Countries Policy• HP Supplier Code of Conduct• Reuse and recycling standards

41

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP uses a risk-based approach to prioritizing
reuse and recycling vendor audits, and all vendors
must undergo an audit at least once every three
years. Vendors are assessed on environmental,
health, and safety practices and performance, andaudits ensure there is no “leakage” of materials tofacilities outside our approved vendor network.
Vendors with identified nonconformances must
submit corrective action plans within 30 days andaddress items within 90 days. In extreme cases,
we will cease business with vendors that lacksufficient transparency or are unwilling to makethe changes we require. Through ERM, HP audited
51 vendor facilities in 25 countries during 2022,
representing 82% of reuse vendor facilities and
52% of recycling vendor facilities. This included
repeat audits of 31 vendor facilities to evaluate
their efforts to improve performance.
Because 40% of major nonconformances
occurred at sites audited for the first time, HP’sengagement brought best practices to enable
immediate performance improvements. HP
has closed investigations of 100% of the major
nonconformances identified in 2022. All sites withmajor nonconformances will be re-audited thefollowing year to determine whether improvements
are sustained. Immediate priority findings74 are
the most serious type of vendor nonconformance,and require immediate action. During site audits in
2022, no immediate priority findings were identified
at recycling vendor sites upon re-audits. In allcases, we worked closely with the vendor to resolveand close the findings, underlining the importanceof revisiting these vendor locations the following
year to confirm closure is sustained. Read astatement from ERM.

Reuse and recycling vendor audits
2020

2021*

2022

10

10

20

Repeat audits

21

15

31

Countries

22

14

25

Major nonconformances identified

82

33

58

Major nonconformances resolved

100%

100%

100%

4

3

0

2020

2021*

2022

Health and safety

43%

27%

31%

Environment

16%

13%

24%

Hazardous substance/emergency response

5%

10%

5%

Insurance

4%

6%

5%

Subvendor use and audits

7%

12%

12%

Other**

25%

32%

23%

Initial audits

Immediate priority findings* 2021 data adjusted to ensure accuracy.

Categories of major nonconformance*
percentage of total* 2021 data adjusted to ensure accuracy.
** Includes site security and controls, management systems, labor, data destruction, transboundary shipments, and approved dispositionsof processed materials. Findings related to data destruction were limited gaps in processes, not breaches of data security.

Materials
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

To create a circular and net zero carbon
economy, we must gain the most value possible
from the materials we use while reducing ouroverall demand. We are increasing the amountof recycled content plastics (including oceanbound plastics) and recycled content metals
in our products, and focusing on packaging
innovation to eliminate unnecessary packaging
materials and plastic. HP-brand paper andpaper-based packaging use recycled or
renewable75 materials, and we are exploring
renewable materials for our hardware
products as well.

Approach
HP proactively identifies and evaluatesmaterials used in our products and throughout
our supply chain. We prioritize materials for
replacement, or for transition to a recycled or
renewable alternative, based on environmental,social, and supply impacts.

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Reloadable tonerkits

As part of our continuing shift from plastic
to alternative materials, HP is also exploringalternatives to traditional plastic ink and tonercartridges. The HP carton-based ink cartridge
is a great example, and it is available now for
all HP large-format printers using our latest
generation of ink, such as the new HP Latex
2700 printer series.

HP LaserJet Tank 2600 Series printers use acontinuous toner supply system (a supplies
refill system) that reduces consumption ofplastic associated with the use phase by morethan 75% compared with the predecessor
product.80 The HP LaserJet Tank Toner Reload
Kit can additionally reduce waste by up to
90% compared with similar toner supplies,81
and materials are recyclable through HP
Planet Partners.

We publish information about the material
content of typical HP personal systems andprinters, and continue to expand our fullmaterials disclosure program. In 2022, wecollected an inventory of more than 90% of thesubstances by weight used in 87% of HP’s 2022
EPEAT®-registered personal systems products.76
In 2022, we used 873,500 tonnes77 of materials
in our products and packaging, 9% less thanin 2021. This was due to shipment volumes,
increased material efficiency through productdesign, a shift to lighter printers, and solutions
such as HP Continuous Ink Supply System(CISS), HP Continuous Toner Supply System(CTSS), and HP Instant Ink, which reducematerial usage. Of the materials we used in
2022, 40% by weight were circular (reused,recycled, or renewable). See Data for moredetail about HP materials use.
Learn about our approach to responsible
minerals sourcing, which helps ensure there
is no connection between the materials usedin HP products and armed violence or humanrights abuses.

42

HP carton-based
ink cartridge

The HP carton-based ink cartridge reduces
plastic use per liter of ink by 80% anddecreases life cycle GHG emissions by 66%
compared to a plastic ink cartridge, due
to savings associated with manufacturing
and transportation.78
For all our HP carton-based ink cartridges,
customers can recycle the outer carton that
contains recycled and certified fiber throughlocal cardboard/paper programs and returnthe inner bag for free via HP Planet Partners,79
where available for these products, which will
avoid any materials going to landfill. HP Latex
printheads can also be returned.

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

Responsible chemistry

Recycled content

For more than two decades, we have worked
to move the electronics industry toward safer
alternatives to materials of concern. We assess
published lists of substances of concern, customer
preferences, emerging regulations, and soundscientific analysis concerning potential impacts onhuman health or the environment. This approachalso improves product circularity by supporting
reusability and recyclability. See key milestones
in our Green Chemistry Timeline.

We are both a supplier and a user of recoveredmaterials, incorporating recycled and recyclable
content into new HP products. This helps toaccelerate global market development forrecovered and recycled materials in order tosupport progress toward a circular economy. Morethan 95% of home and office printers, laptops,
notebooks, displays, and workstations shipped tocustomers in 2022 included recycled materials.

The HP Materials and Chemical Management
Policy—which applies to all HP employees,
businesses, and suppliers—guides our use
of materials and chemicals in products, packaging,and manufacturing processes. We developed ourGeneral Specification for the Environment (GSE)in 1998. It includes a full list, updated annually,of material restrictions for products, packaging,and manufacturing process chemicals, often
going above and beyond worldwide regulatory
requirements. HP is committed to compliancewith all applicable laws and regulations, including
requirements under the restriction of hazardous
substances (RoHS) legislation.

Following a precautionary approach, we explore
safer alternatives to materials currently in use,
referencing A Framework to Guide Selection ofChemical Alternatives by the National Academy of
Sciences and incorporating the GreenScreen® For
Safer Chemicals methodology. For example, as partof our new product development process, all HPformulated ink ingredients are screened using theGreenScreen methodology.
We contribute to standards, legislation, andimproved approaches to use of materials in the IT
sector. In 2021, we became a Founding Signatoryof the Toward Zero Exposure program by Green
America’s Clean Electronics Production Network,
to protect workers from chemical hazards in theelectronics supply chain. Learn more. We are also
involved in several initiatives under the Clean
Production Action coalition, including the Chemical
Footprint Project (CFP), which is part of our workwith the Business-NGO Working Group (BizNGO).
In the 2021 CFP survey, HP was recognized as a
Front Runner and Disclosure Leader.

We largely focus on increasing recycled plastic use,
due to issues related to plastic waste and pollution.
During 2022, we used a total of 32,200 tonnesof postconsumer recycled content plastic in HP
products, equivalent to 15% of overall plastic use.
For personal systems, this included an increase
from 15% of overall plastic use in 2021 to 22% in
2022. See Data for detail by product group.
HP’s plastics strategy is to:• Reduce plastic use by making our products
smaller and removing unneeded plastic
from packaging• Replace virgin plastic with recycled plastic
wherever possible• Source recycled plastic from locations where
HP can have positive environmental and social
impact, such as ocean-bound plastic• Invest in take-back and recycling
2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Use 30% postconsumer recycled content
plastic across HP’s personal systems and print
product portfolio by 202582
Progress in 2022
In 2022, we used 32,200 tonnes of
postconsumer recycled content plastic in HP
products—equivalent to 15% achieved.

Plastic• Substitute plastic in packaging, where feasible,
with more sustainable materials such as recycled
or certified fiber

432025 goal

We use increasing amounts of recycled content
across our product portfolio. Highlights include:• The newest HP Dragonfly and Elite 1000 Series
PCs, announced in early 2023, contain 90%
recycled magnesium in the enclosure case83
and 5% ocean-bound plastic in the speakerenclosure, and incorporate bio-circular feedstock
such as used cooking oil to help lower CO2
emissions.84 All outer packaging for the devices is100% sustainably sourced,85 and the products are
EPEAT® Gold registered in 27 countries,86 ENERGYSTAR® certified, and TCO Certified.
• The HP 14-inch Eco Edition Laptop PC takesthese efforts to the next level, with up to 25% of
the product leveraging postconsumer recycledplastics.87 Bio-circular feedstock such as usedcooking oil was incorporated into the bottom
cover of the device,88 and the device also features
packaging that is 100% sustainably sourced
and recyclable.89• HP E-Series G5 Monitors feature 90% recycled
and renewable materials, including recycled
aluminum, ocean-bound plastic, and coffee
grounds in the plastic enclosure.90

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights• The HP 24- and 27-inch All-In-One PCs announced
in early 2023 also leverage unique materials
in their innovative frames, making these HP’smost impressive all-in-one offerings yet.91 These
are the world’s first PCs with recycled coffee
grounds, which are used as speckles in the finishof the PC.92 More than 40% of these all-in-ones’
enclosures contains postconsumer recycledplastics, 75% recycled aluminum is used on
the arm stand, and 100% reclaimed polyester
is used on the stand base.93 The all-in-one
is ENERGY STAR® certified and EPEAT® Goldregistered.94 Beyond the devices themselves,the 100% sustainably sourced and recyclable
box packaging has been reduced in size by 62%,
which allows up to 66% more units per pallet,
reducing their CO2 footprint.95

Digital Equity and philanthropy
Integrity
Appendix

We achieved a60%
reductionin shipping packaging by redesigning
the HP 24- and 27-inch All-in-One
PCs’ monitor so the stand can be
shipped unassembled.

442022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact• Personal systems accessories such as the HP
Renew Travel 15.6-inch Laptop Backpack andthe 15.6-inch Laptop Bag have contributed tointegrating 19 million postconsumer recycledplastic bottles in soft cases since 2019.
• Through 2022, we manufactured over 5.4 billion
Original HP and Samsung cartridges using acumulative 142,000 tonnes of recycled plastic,
including from recycled HP cartridges, since2006. This has kept more than one billion OriginalHP cartridges and an estimated 149 million
apparel hangers and 5.8 billion postconsumer
plastic bottles out of landfills, instead upcycling
these materials for continued use. More than
78% of our Original HP ink cartridges contain
5%–75% postconsumer recycled content, and100% of Original HP toner cartridges contain
1%–79% postconsumer or postindustrial
recycled content.96

Metal
Metal plays an increasingly important role in
our approach to circularity, especially sincemetals make up a large portion of the materials
in our personal systems and print products. We
continue to expand the use of recycled metal in
our products.
We are working with suppliers to source metals
with a high proportion of recycled content for somepersonal systems products, including up to 75%
recycled content aluminum and up to 90% recycledcontent magnesium. These metals are more likely
to be recyclable through existing infrastructure
than materials such as carbon fiber, and still meetthe demanding industrial design requirementsof our products. This decreases environmental
impacts associated with mining and producing
virgin materials, including energy use andassociated GHG emissions. During 2022, our useof recycled metals in personal systems products
increased by 45% compared to the prior year.
To further improve the impacts of metal, we areworking to increase the use of postconsumer
recycled content in certain personal systems
product lines, and introduced the use of recycledsteel in 2022. During the year, we joined the
Circular Electronics Partnership recycled steel
working group to gain insights about how circularsolutions can be employed and to collaborate withother organizations to solve challenges related tosourcing recycled steel.

Collaboration toreuse 3D-printedparts

In 2022, HP continued to collaborate with Fordand Lavergne to reuse spent 3D-printed partsand powder, turning them into injection-molded
fuel-line clips used in the Ford Super Duty
F-250. As well as closing a waste loop, these
injection-molded parts made from recycled
HP PA 12 have better chemical and moistureresistance than conventional versions.

Ocean-bound plastics
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

Since 2016, our ambitious program in Haiti has
helped to tackle the growing challenge of oceanbound plastic (OBP). In partnership with the First
Mile Coalition and our supplier partners, wehave built a self-reliant OBP supply chain that
contributes to the circular economy and provides
income and education opportunities locally.
A plastic-washing line produces clean, high-quality
recycled plastic for use in various HP products,
and has simplified our OBP supply chain in Haiti byeliminating a washing step off the island. This has
increased the value of plastic collected and theprices that collectors receive.
Unfortunately, in November 2022, the facility
shut down due to security concerns on theisland. We continue to monitor the situation andintend to reopen the facility when the situation
stabilizes. We continue our commitment, started
in 2021, to help support collectors throughout thepolitical unrest.

A winning plan to protect 22,000 milesof coastline

452022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Climate innovation in Australia’s oceans is
inspiring young entrepreneurs whose ideas
and drive can help transform the future ofocean health. Learn more.

Go BeyondSince 2016, we have used 1,718 tonnes of OBP in
our products—equivalent to more than 135 million
16.9 ounce (500ml) bottles—preventing this material
from reaching waterways and oceans.
To drive change across and beyond our industry,
we also collaborate with a range of initiatives
and organizations.
• NextWave Plastics convenes leading technology
and consumer-focused companies to develop
the first global network of OBP supply chains.
This reflects our commitment to collectorcentered OBP initiatives, codified in our UL OBP
certification, which requires us to document anddescribe how we work to mitigate risks present in
informal OBP-collection infrastructure.
• The Haiti-based NGO WORK provides on-sitelearning centers for the children of parents who
work on recycling efforts. These centers areequipped with the latest technology, including HP
laptops and printers using cartridges that include
some content from waste plastic collected locally.
• Project STOP collaborates with governments andcommunities in Southeast Asia to create effective
waste management systems that eliminate
plastics leakage into the ocean, and provides
replicable solutions. As a technical partner, we
supported the organization’s work to createa circular waste management system in East
Java, Indonesia.

We use ocean-bound plastic in an increasing number of HP
products across our portfolio, and have launched more than 300
new products around the world that contain small quantities of
OBP since 2017.97 Examples include:
Our new HP carton-based cartridge forlarge-format printers, which contains
100% recycled fiber and 25% recycledplastics from our closed-loop recycling
process, beverage bottles, and ULvalidated OBP resins99

The newest HP Dragonfly and Elite 1000
Series PCs, announced in early 2023,
which contain 5% OBP by weight in the
speaker enclosures

Diverting 18.7 million plastic
bottles’ worth of OBP
through use in 277 personal
systems products launchedsince 201998

Exclusively to HP, many Original HP
integrated printhead ink cartridges, whichcontain OBP (a minimum of 5% by weight),
validated by UL100

Personal systems products
such as the HP EliteBook 600
G9 Series, with 5% OBP in the
speaker enclosuresRenewable materials
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy

HP focuses on sourcing renewable101 materials
in the interest of protecting ecosystems andresources for future generations.
We strive to ensure that our paper and fiberbased packaging are derived from recycled orcertified sustainable content, and to counteract
deforestation related to non-HP paper used by ourprinting products and print services. See Forests.
We are also working to eliminate the use of singleuse plastic packaging by shifting to fiber-based
packaging. See Packaging Innovation.

In addition, we continually explore the use ofother renewable materials. For example, weare evaluating the sustainability attributes ofplastics that incorporate bio-feedstocks inplace of fossil fuels, and have created criteria to
guide the product development teams as theychoose materials for new products. Every biofeedstock must be individually evaluated using
an LCA to fully understand its environmental
and social impacts and confirm that it is less
impactful than the material it would replace.
Bio-feedstocks considered for use in products
must be legal, renewable, and sustainably grownwithout impacting regional food security, land use
practices, or key ecosystems—as verified through acredible crop management certification standard.
Also, the use of bio-feedstocks must not impact therecyclability of plastic resins, so they can continue
to cycle through the economy.

Integrity
Appendix

The newest HP Dragonfly and Elite
1000 Series PCs, announced in early
2023, incorporate bio-circular feedstock
such as used cooking oil to help lower
CO2 emissions.102

46

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Packaging innovation
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
Carbon2025 goal
Eliminate 75% of single-use plastic packaging
by 2025, compared to 2018103
Progress in 2022
55% reduction, from an average of 221 grams/
unit in 2018 to 99 grams/unit in 2022.

Water
Waste

Our packaging strategy has three focus areas:

Circularity• Eliminate unnecessary packaging material,
space, and hard-to-recycle materials such as
plastic foam.

Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix• Innovate packaging designs to use materials withlower environmental impact, such as sustainablefiber and recycled plastics.
• Prioritize high recycled content and easily
recyclable materials that can readily circulate
through the economy.
Watch a video to learn how HP is tackling theplastic packaging challenge, and learn about ourwork to sustainably source renewable materials
and counteract deforestation.
To address packaging at end of life, we offer takeback services and regularly update the Recycle
your HP packaging guide to help consumers avoid
sending packaging materials to landfill.

47

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Key initiatives in 2022
In 2022, we completed more than 20 new
packaging innovation projects that reduced ourenvironmental impact. The following is a selectionof those projects designed to advance thecircular economy.

Eliminate
HP is shifting away from plastic, foam, and otherhard-to-recycle materials, which have been
traditionally used in packaging for most personal
systems and printing products. For example:

CirculateHP’s efforts to eliminate single-use plastic
packaging help to advance the circular economy,
and we continue to roll out easily recyclable, fiberbased packaging cushions created from recycledcontent. We also pursue opportunities for reuse.
In 2022, our reuse of materials for packaging used
to ship HP LaserJet products resulted in savingsof US$66,000.

• Personal systems: During 2022, we shipped
almost 70 million units of personal systems
products in molded fiber or hybrid foam/fiber
packaging, representing about 91% of units
shipped during the year and 7% more than in 2021.
• Printing: In 2022, our transition to molded
fiber packaging for HP Smart Tank 210
series all-in-one/wireless inkjet printers
resulted in the elimination of 222.6 tonnes of
expanded polystyrene.

Innovate
We continue to improve the tooling design andfabrication process in the molded fiber industry
with our 3D printing technology. In 2022, we shippedseveral products with cushions made using thisproprietary technology, including the Z2 G9 Mini
Workstation and five HP inkjet supplies products.
See a video about the HP Molded Fiber Advanced
Tooling Solution.
During 2022, we also replaced paper-based
instructional inserts with a QR code included
on several inkjet supplies products, eliminating
2.9 tonnes of paper on an annual basis.
Molded fiber packaging for the HP Desktop Mini PC contributes toHP’s goal of eliminating 75% of single-use plastic packaging by 2025.

To enable innovative packaging for our customers,
HP provides compostability certificates forfiber-based packaging printed with HP C500, HP
PageWide press, and HP Indigo industrial printers.
These certificates confirm that the ink used by theprinters will not compromise customers’ ability tocompost packaging after use.
Learn how we gain more value from materials
through our product repair, reuse, andrecycling programs.

Forests
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

Paper is integral to the printing process, making
healthy, resilient forests essential to the futureof HP’s business. Our forest positive vision for
printing focuses on creating enduring positivechange for forest environments.
Since 2016, HP-brand paper has been derived
from recycled or certified sources, and since2020 this has also been the case for paperbased packaging for home and office printersand supplies, PCs, and displays.104 By sourcing
recycled or certified fiber, HP has establishedprocesses to guard against potential
deforestation in our supply chain.

Our 2030 goal is part of our plan to scale up
investment in forest restoration, protection, andother initiatives under the forest positive
strategy. HP’s aggressive goals not only focus on
HP-brand paper and packaging, but also address
deforestation that goes beyond our fiber
sourcing to include the paper used in HP printing
products and services.

2030 goal
Counteract deforestation for non-HP paper
used in our products and print services by2030.105 Continue to source only sustainablefiber for all HP-brand paper and paper-based
packaging for home and office printers andsupplies, PCs, and displays106
Progress in 2022
During the year, we addressed 32% of our total
fiber footprint for paper used in our products
and print services.107, 108

HP’s path to forest positive
Our five key focus areas contribute to our 2030 goal of counteracting
deforestation for non-HP paper used in our products and print services,in line with our forest positive vision.
Engineering efficient paper
consumption
With HP pull-printing,increased efficiency in paper
consumption by up to 30%.*

Responsibly sourcing
HP paper and packaging
In one year, transitioned
five million printers torecycled paper-based
packaging.

Protecting, managing,
and restoring forests
Partnering with NGOs to
improve management andconservation of more than
one million acres of forests.**

Supporting developmentof science-based targets
for forest conservation
In partnership with WWF,first company to pilot a new
methodology for sciencebased targets for forests.

Influencing industry partners to inspire
forest positive action
Founded the Sustainable Forests Collaborative in 2020,
a consortium of 12 members, made up of paper companies
and NGO partner advisors working together to inspire forest
positive action across the print industry.**

Progress toward our 2030 counteract deforestation goal
Percentage achieved

100%

48

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

23%

32%

2021

2022

2030

* Typical of those reported by leading industry analysts and HP client engagements. Estimated energy and paper savings based on
analysis of select HP Managed Print Services customers’ imaging and printing operations using data gathered on devices and paper
consumption and comparing with post-MPS actuals or projections. Results depend on unique business environments, the way HP
products and services are used, and other factors. Overall printing costs are unique to each company and should not be relied on forsavings you may achieve.
** Pursuant to agreement with WWF, Conservation International, and Arbor Day Foundation.

Engineering efficient paper consumption
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
AppendixThrough the design of our printers and software,
we enable thoughtful paper consumption andhelp customers print more responsibly. Ourinnovations include:• Defaulting many print fleets to double-sided
printing, making it easier for HP home and officeprinter users to reduce the amount of pages
they use.
• Pull-printing features that require users tobe present for their print job to be released,
resulting in 10%–30% fewer unclaimed print jobs
and misprints.
• Instant Ink subscription to deliver recyclable HP
ink cartridges as customers need them, as well as
an envelope to return used cartridges. Customers
can also add paper to their subscription toguarantee that they are printing with FSC®–
certified paper.
• High ink and toner quality that results in fewer
wasted pages from misprints. In a sample testedby the Spencer Lab Digital Color Laboratory, HP
cartridges produced 99.2% high-quality pages
for external use, compared to 34.6% for non-HPbrand cartridges.109• Our HP Smart app helps customers print, scan,and share files from anywhere. By scanningand sharing, users can digitize and store paper
records, saving paper for projects where a hard
copy is needed.

49

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP’s Smart app helps to save paper by scanning and digitizing.

Responsibly sourcing HP paper and packaging
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
AppendixHP’s Sustainable Paper and Wood Policy was thefirst forestry policy published by an IT company,
and codifies the principles we require our suppliers
and licensees to follow for the paper, packaging,
and wood incorporated into HP products they
provide. The policy sets forth a preference forsuppliers that demonstrate environmental values
and a commitment to responsible sourcing.
Specifically, it requires our suppliers to ensurethat their wood and paper fiber do not come fromunwanted sources, such as deforested land thathas been converted to agriculture, tree plantations,
livestock production, or other land uses. The
policy also pledges to avoid sourcing from high–conservation value forests—ones that are globallyor regionally significant, home to endangered
ecosystems, or important to meeting the needsof local communities. It also cements our longstanding commitment to ensuring that the woodbased materials we use do not contribute to humanand community rights violations.

We require that all HP-brand paper, paper-based
packaging, and wood in products are derived
from recycled or certified sources. We continue
to give preference to suppliers that demonstrate
a commitment to responsible sourcing, such as
those that use products certified by the FSC®,
the Programme for the Endorsement of Forest
Certification (PEFC™), or other relevant national
certification schemes that comply with our
Sustainable Paper and Wood Policy. During theyear, the amount of FSC-certified fiber in HP-brand
paper continued to exceed 55% by weight.
We work with WWF’s Forests Forward program,
FSC, and our suppliers to continually improve ourprograms related to the sourcing of virgin fiber
and to increase the amount of certified fiber in our
products and packaging. We periodically analyze
our supply chain to understand areas of specificrisk (such as ecosystem vulnerability) and create
tailored strategies as needed. HP reports progressannually to WWF’s Forests Forward and CDP’s
Forests program.
See HP’s Role in Restoring, Protecting, andResponsibly Managing Forests for additional
information about our approach.

HP Indigo and HP PageWide customers
can access recently updated media locators, which detailsubstrates tested and approved for use by HP Indigo and
HP PageWide presses, such as paper media with FSC
certification (which represents more than 95% of media for
HP Indigo and HP PageWide presses) and otherenvironmentally preferable attributes.

50

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP paper impacts
tonnes2021

2022

HP printer and copier paper sold

193,900

173,200

Paper-based packaging for homeand office printers and supplies,
PCs, and displays*

139,900

133,300

HP ColorPRO
and ColorLok®
technologies* Packaging is the box that comes with the product and all paperbased materials inside the box. Packaging for commercial,industrial, and 3D printing products, scanners, personal systems
accessories, and spare parts is not included.

HP-brand paper and packaging fiber sourcing
tonnes2021

2022*

Certified fiber

227,800

212,500

Recycled fiber

105,700

93,500* All HP-brand paper is derived from certified sources; paperbased packaging for PCs, displays, home and office print, andsupplies is reported by suppliers as recycled or certified, witha minimum of 97% by volume verified by HP. Packaging is thebox that comes with the product and all paper-based materials
inside the box. Packaging for commercial, industrial, and 3D
printing products, scanners, personal systems accessories, andspare parts is not included.

Help us raise standards across the paperindustry, by requiring stringent sustainability
standards from paper producers who licensethese technologies from us. Learn more.

Protecting, managing, and restoring forests
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity

Our ambitious vision for forests extends tothe impact on forests from paper produced byother brands that is used in HP products. We
are partnering closely with NGOs like WWF,
Conservation International, and the Arbor Day
Foundation on projects around the globe that help
forests. These projects encompass:• Forest protection: Diverse approaches to stop
deforestation through policymaking and marketdriven mechanisms• Forest management: Implementing better forest
management practices for specific functions like
conserving biodiversity and ecosystems• Forest restoration: Working with local
communities to regain the ecological functionalityof forests and enhance human wellbeing throughreturning trees to places they once stood, andaddressing forest degradation

Appendix

US$80 million

51

of additional funds pledged in October 2021
to expand our partnership with WWF to help
address the potential forest impacts of
17 million tonnes of paper used in consumer
and commercial HP printers over 10 years.
2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

For example, in October 2021, we pledged
an additional US$80 million to expand ourpartnership with WWF—their largest U.S. corporate
partnership to date—to help address the potential
forest impacts for 17 million tonnes of paper
used in consumer and commercial HP printersover 10 years. This is equivalent to restoring
and conserving approximately 950,000 acres(nearly 384,000 hectares) of forest.
The partnership is one of the industry’s first toaddress forest impacts beyond our own supply
chain. WWF also maintains an advisory role inHP’s Sustainable Forests Collaborative. In 2022,
progress we achieved with our NGO partners toprotect, manage, and restore forests included:• WWF: In Brazil, HP is currently supporting
11 local organizations in their efforts to protect
and restore the Atlantic Forest through planting
native trees and nurturing wildlife. For example,
our investment allowed REGUA, one of the localorganizations we work with, to expand its staff
and add another restoration team. Learn more.
In China, where 19,199 hectares of forest wereplaced under FSC® certification in 2022, we are
funding activities toward restoring 25 hectaresof wild elephant habitat in Yunnan. HP funded
research to draft the Operational Manual for
Biodiversity Conservation in Plantations, which
will be developed through case studies, fieldtraining, and forest pilots to address challenges
in select forest farms. HP is the first company
to apply a new methodology developed by WWF
to comprehensively estimate the area of forest
impacted based on the volume/tonnage of
paper produced.

• Arbor Day Foundation: Through ourcollaboration, we planted nearly two million
trees during the year, focusing on landscapesin great need of preservation and restoration,and contributing to the World Economic Forum’s
1t.org initiative—a global movement to conserve,
restore, and grow one trillion trees by 2030.
• Conservation International: We continued tosupport Conservation International initiatives
focused on protecting forest areas alongside
local communities in the Amazon. In 2022, HP andConservation International developed a portfolio
of forest protection and restoration projects thatwill compensate for a portion of the land area
associated with the use of paper in HP products
and print services.

Illustration: Chris Buzelli

Arbor DayFor Arbor Day, the ethologist andconservationist Dr. Jane Goodall turned herpassion to Jane’s Green Hope, a grassroots
effort to protect one of Earth’s most precious
resources. Learn more.

Go Beyond
HP Forest Positive program

Hectares responsibly managed*
Hectares under restoration*

2021

2022

14,26033,460150

400* See the HP Forest positive accounting manual for details about
our program, methodology, and definitions. Data is cumulativeand reflects projects conducted through our partnership with
WWF. The years reported end on September 30 of the year noted.

Supporting developmentof science-based targets

Influencing industry partners
to inspire forest positive action

To maximize the positive impact of our forest
projects, we follow a broad, science-based strategy.
In partnership with WWF and regional stakeholders,
we created a methodology for understanding
the downstream paper use from our printers andsetting relevant forest targets to address these
forest impacts.

development and piloting of a process for thecreation of regionally developed science-basedtargets for forest conservation and potential
frameworks for corporate actions in Brazil’s
Atlantic Forest. Findings there highlight thefeasibility and importance of setting these targets
within a regionalized context, with considerationfor existing regional and global thresholds.

The HP Sustainable Forests Collaborative
brings paper manufacturers together in a single
consortium to share research, support one
another’s efforts, and report progress. Each
Sustainable Forests Collaborative company iscommitted to responsible sourcing and supply
chains, and shares data on the volume ofsustainable materials in its operations.

The models developed in the future will help
identify regions in need of forest conservation
while more accurately estimating the carbon andnature benefits of forest protection, management,
and restoration efforts.

The Collaborative drives progress toward ourambition for HP consumer printing worldwide to
be forest positive by 2025,112 and toward our 2030
goal to counteract deforestation for non-HP paper
used in our printing products and print services.
Its objectives are to:Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

To calculate the forest area required to produce HPbrand paper used in HP printers, WWF assessed
where our printers are being sold and the amountof paper they are using. This informed estimatesof the kinds of forest impacts that result frompaper production, allowing us to better understanddifferent scales and intensities of impact by region,and take more effective steps to address the total
impact to forests. WWF then developed targets
for our impact strategy for protection, improved
management, and restoration projects.
The better we understand the regionalized
impacts of printing on forest ecosystems, themore effectively we can address those impacts.
As part of this partnership, HP supported theDuring 2022, HP’s LaserJet Pro 4000e and
4100e series extended the HP+ portfolio to theoffice. These printers supported HP’s Forest
First110 feature: for every page printed with
HP+, HP protects or restores forests in equalmeasure.111 They are also ENERGY STAR® certified
in North America and are eligible to use our InstantInk service.

• Responsibly source HP-brand paper
and packaging• Restore, protect, and responsibly manage forests• Develop science-based targets for forests• Create print technologies for efficientpaper consumption• Influence industry partners to inspire forest
positive action

52

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP Sustainable Forests Collaborative partners
include Domtar, New Leaf Paper, Chenming
Paper, Crown Van Gelder, Sylvamo, Mondi, Felix
Schoeller, Lenzing Papier, Boise Paper, andAndhra Paper. Environmental NGOs Arbor Day
Foundation, Conservation International, andWWF play an advisory role to provide data,expertise, and guidance on every aspect of forest
positive printing.

Reforestation is more complicated thanpeople think.
For forests to thrive, it has to be the rightspecies, in the right place, for the right reason.
Learn more.

Go BeyondEnvironmental Supply chain
management
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
AppendixHP’s vision to become the most sustainable
technology company guides our efforts to
reduce environmental impacts across thevalue chain. Our policies and management
systems are designed in accordance with
global standards, and provide our employees
and supply chain partners the guidance todrive ongoing improvement.

Our production and nonproduction suppliers
are essential partners as we work to drive net
zero carbon and improved resource efficiency
throughout the value chain. For more than adecade, we have worked closely with our suppliers
to improve their environmental programs andreport progress transparently. We were the first
IT company to disclose a list of our suppliers. Our
supplier list includes the names and locations of
the production suppliers that represent 95% of
our manufacturing spend.
We request that 98% of our production suppliers(by spend) as well as strategic nonproduction
suppliers disclose key qualitative and quantitativeenvironmental management informationand impacts through our CDP Supply Chain
membership. This includes GHG emissions
and goals, total and renewable energy use,water withdrawal, climate and water risks,and governance.
Our Supplier Sustainability Requirements

Supplier Code of Conduct (SCoC) and
GSE. The SCoC contains provisions related toenvironmental permits, environmental reporting,pollution prevention, waste reduction, hazardous
substances, water management, air emissions, andenergy and GHG emissions reduction. It is enforced
through our assurance/audit program. The
SCoC requires suppliers (and their suppliers) toacknowledge and implement the SCoC.

53

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Priority suppliers that assemble our products
or make commodities with higher potential forenvironmental impacts are subject to additional
requirements through HP’s Supplier Sustainable
Impact Scorecard. These requirements include
publishing a GRI-based sustainability report;setting science-based GHG emissions–reduction
targets validated by the SBTi; third-party
verification of GHG emissions; water stewardship;
and transparency on environmental risks,management, and progress on impacts such as
GHG emissions, energy and renewable energyuse, and water withdrawal. This Scorecard isincorporated into our procurement management
process, and environmental performance is partof regular business reviews.
To understand and manage our impacts, we
calculate supply chain GHG emissions and water
withdrawal in two ways:• In the supply chain sections of the report, we
include data reported by our first-tier production
suppliers, product transportation suppliers, andnonproduction suppliers. This data reflects thevolume of HP’s business with each organization.
Through engagement with suppliers, we canbetter understand and influence improvements inperformance year over year.
• The supply chain–related data included in our
carbon footprint and water footprint is derived
from product LCA–based estimates. This
analysis is intended to provide as complete anunderstanding as possible of impacts acrossthe multiple levels of our supply chain, frommaterials extraction through manufacturing andproduct use, as well as retail and storage. These
calculations use a combination of HP-specificand industry methods and data.

HP operations
Introduction
Sustainable Impact

Supply chain transparency

Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials

HP owns and leases facilities around the world.
Our Environmental, Health and Safety (EHS) Policy(now available in Chinese, Korean, and Spanish)
and EHS management system (applying to all HP
employees and contractors and all operationalsites) help us manage our environmental impact,
improve worker safety, verify progress toward ourgoals and adherence to internal standards, anddocument compliance with all applicable laws andregulations. We investigate all allegations that ourfacilities are failing to comply with applicable laws,
and take corrective action when needed.
We perform annual risk assessments at all of
our chemical-intensive and manufacturing sites.
In 2022, we conducted on-site audits wherever
possible. Where the pandemic prevented in-person
visits, we conducted remote audits or postponed
them until 2023. Management reviews the findingsof all audits, and any deficiencies are identified andaction plans are developed.

Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

About our operational data
The Corporate Information Transparency Index, developed by the Institute of Public & Environmental
Affairs (IPE) and NRDC, evaluates the environmental practices of global brands’ supply chains in China.
In 2022, HP ranked 11th among global IT companies and 37th overall, of more than 600 brands assessed.
On the Supply Chain Climate Action Transparency Index, developed by IPE and CDP, HP ranked ninth
among global IT companies and 21st of more than 900 brands assessed.
During 2022, we continued encouraging our suppliers to submit inventories of substances released
through IPE’s public pollutant release and transfer register system, and cross-checked supplier sites
representing 95% of our spend against IPE’s public database of environmental violations.

54

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

First-tier manufacturing suppliers in China also provide information about sub-tier supplier compliancewith local environmental laws. This review of 1,237 sub-tier suppliers against IPE’s public database ofenvironmental violations identified 135 issues in 2022. Of these, 41 had been corrected as of December
2022, and we continue working with the relevant first-tier suppliers and IPE to assess, address, andresolve the remaining issues.

All environmental data reported in this sectionrefers to HP operations through October
31, 2022. At that time, we owned or leased
159 sites in 56 countries. From invoices andother documents, HP directly tracked datafor 2022 representing approximately 97%
of total electricity use, 91% of total natural
gas use, 94% of total water withdrawal, 70%
of nonhazardous waste, and 100% of total
hazardous waste.

Management system
HP’s EHS management system aligns with theAmerican National Standards Institute Z10 and
ISO 14001 standards to drive environmental
improvements. With a core operating principle ofplan-do-check-act, we have established procedures
for reviewing, modifying, and incorporating
workplace environmental hazards processes into
our EHS management system.
To continually develop our global EHS management
system, we engage with and seek input from safety
professionals, management teams, and partners
across HP. We employ and train professionals
to manage, monitor, and maintain our systems,with a responsibility to ensure they operate withminimal environmental impact. When an HP
work–related health and safety incident occurs,
supervisors are required to identify the root cause,develop and implement corrective action plans,
and track solutions to completion. Employees
receive guidance to identify and report hazards,
and channels exist to report hazards outside their
immediate control, for action by facility teams.
We regularly measure our environmental
performance and challenge ourselves when
making annual improvement plans. All locations
must proactively implement company-wide
health and safety standards. Any new equipment
and chemicals, along with any changes to thework environment, are reviewed for safety
and environmental issues, and any issues are
addressed accordingly.

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

55

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

All HP facilities have assigned technical EHS
personnel, and our global EHS team provides
guidance and oversight. We ensure our employees
feel able to remove themselves from situations
they believe are unsafe. Joint management–
worker health and safety committees exist insome locations, and we regularly discuss relevant
policies, processes, and regulatory compliancewith employees.

Green buildings and facilities

When feasible, we pursue environmental
management certifications at HP-owned andleased facilities worldwide. As of the end of2022, 19 facilities, including all HP manufacturing
sites, were certified to ISO 14001:2015 (the mostrecent version), with 16 as part of our global
ISO 14001 certificate. Twelve facilities, including
57% of HP manufacturing sites, were certified to
ISO 45001:2018 for occupational health and safety.

• Four sites had achieved BREEAM (Building
Research Establishment Environmental
Assessment Method) certifications for building,including two at the Excellent level114

In 2022, more than 12,100 employees and agency
contractors took part in 37 instructor-led courses,
and completed over 36,100 sessions of webbased EHS training courses. Our training includes
information about general workplace issues, aswell as targeted information for specific roles.

When feasible, we also pursue green building
certifications at HP-owned and leased facilities.
As of October 31, 2022:• Twelve sites globally had achieved Leadershipin Energy and Environmental Design (LEED®)
certifications for buildings, including 10 at theGold level or above113• One location had achieved SITES certification
for sustainable landscape• One site had achieved TRUE certification for
waste diversion
All new build-outs seek to meet the standard of
LEED v4 Gold and/or a local equivalent (such as
BREEAM). In support of these objectives, HP has
developed the HP Green and Smart Construction
Playbook for project managers, which provides
guidance on key principles such as energyuse, indoor air quality, water withdrawal, andwaste recycling. We also factor environmental
considerations into decisions to lease new sites,
asking prospective landlords, through the HP
Energy and Sustainability Survey, about features
such as LEED certification, renewable energy,
EV-charging stations, and water efficiency.

HP’s facility in Houston, Texas, United States, has achieved LEED Gold certification.

Culture of environmental
responsibility
Our employees worldwide make a vital contribution
to improving our environmental performance,and employee engagement initiatives enable
HP’s global workforce to directly support our
Sustainable Impact goals and vision. For example,
during Earth Month in April 2022, we held acampaign called “Every Job is a Climate Job” toencourage all employees to explore how they
can help HP meet our commitments in this area.
We highlighted 25 employees as Climate Heroes

whose work helped us reach our climate goals. For
example, one employee developed a tool to help
decrease the climate impact of HP events. Another
employee created a Serviceability Scorecard
to support improvement of every generation of
HP PCs.
We also held three environmental volunteering
sessions with more than 460 employees, focusedon single-use plastic reduction and understanding
the impact of climate change on Earth’s
atmosphere and wildlife.

Climate change risk management and strategy
Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

56

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP’s proactive management of short- and longterm climate change risks contributes to our ability
to mitigate and build resilience against those risks.
It also positions us to identify and address climatechange–related opportunities.
Our president and CEO holds the highest level ofoversight and direct responsibility for climaterelated issues across our value chain. This includes
our supply chain, global operations, and products
and solutions. The CEO reviews and discusses
sustainability strategy and climate-related issues
with the HP board and executive leadership team.

HP’s chief supply chain officer reports directly to
our CEO and oversees supply chain operations,
including HP Sustainable Impact & Compliance(SI&C), which develops HP’s Sustainable Impact
strategy. Our chief sustainability officer leads SI&C
and provides day-to-day leadership in developing
and driving HP’s sustainability strategy, including
climate-related issues, initiatives, and goals. See
Governance to learn more about how Sustainable
Impact is g overned at HP.
HP defines substantive climate-related financial
risks through our enterprise risk management

principles, which include identifying, assessing, andmonitoring each risk. We assess climate-related
physical, regulatory, and reputational risk exposure,
as well as market access issues, in our strategy
on an ongoing basis. Some examples include
extreme weather, current and emerging regulation,technological innovation, and legal claims arisingfrom disruptions or delays. Through internal
assessments, we are better able to identify andmonitor risks and plan for their effects.

One of our greatest strategic tools in this area
relates to the development of HP’s products
and solutions. Through innovation and researchand development, we are working toward a morecircular and low-carbon economy, minimizing
our environmental impact and meeting evolving
consumer demand.
See HP’s 2022 CDP Climate Change response formore detail.

Data
Introduction

Carbon footprint (Scopes 1–3)*

Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonGHG emissions from operations (Scope 1 and 2)** (tonnes CO2e)

2020

2021

2022
Refrigerants (hydrofluorocarbons (HFCs))

2020

2021

2022

2,100

1,900

1,000

100

0

100

2,000

1,900

900

171,000

159,500

151,500

Americas41,00039,00037,700Americas

Europe, Middle East, and Africa

48,10047,30037,000Europe, Middle East, and Africa

Asia Pacific and Japan

81,90073,20076,800Asia Pacific and Japan

0

0

0

3.0

2.5

2.4

Perfluorocarbons (PFCs)

2,800

3,700

4,200

2,800

3,700

4,200

Europe, Middle East, and Africa

0

0

0

Asia Pacific and Japan

0

0

0

45,70043,10041,500

0

0

100

0

0

0

120,400

110,800

104,700

Water

GHG emissions intensity (Scope 1 and 2)*** (tonnes CO2e/US$ million of
net revenue)

Waste

GHG emissions by scope (tonnes CO2e)

Circularity

Scope 1

Materials

Scope 1 emissions, by region††

Americas50,60048,70046,800Carbon dioxide (CO2)

Americas39,40038,80037,500

Nitrous oxide (N2O)

Europe, Middle East, and Africa

10,600

9,200

8,800

Methane (CH4)

600

700

600

Natural gas

21,40022,70021,600Integrity

Americas

1,600

200

200

Americas19,30020,70019,800Europe, Middle East, and Africa

37,50038,10028,200Appendix

Europe, Middle East, and Africa

1,800

1,700

1,400

Asia Pacific and Japan

81,30072,50076,300Asia Pacific and Japan

300

300

400

Scope 2 emissions, by type

120,400

110,800

104,700

300

300

100

200

100

100

0

0

100

Forests
Environmental management
Data

Asia Pacific and Japan

Human Rights
Digital Equity and philanthropy

Scope 1 emissions, by type

Diesel/gas/oil/LPG****

119,600

110,100

104,000

1,600

200

200

0

Europe, Middle East, and Africa

37,50038,10028,200200

0Asia Pacific and Japan

80,50071,80075,60024,00020,10020,100

800

700

600

Americas17,00014,30013,400Americas000Europe, Middle East, and Africa

6,800

5,600

6,500

Europe, Middle East, and Africa

0

0

0

200

200

200

800

700

600

Europe, Middle East, and Africa
Asia Pacific and Japan
Transportation fleet†

Asia Pacific and Japan

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Scope 2 emissions, by region

Americas

Americas57

Scope 2 (market-based method)†††

Purchased electricity for operations

District cooling and heating (purchased) for operations

Asia Pacific and Japan

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater

2022

203,600

198,200

196,300

Americas60,70055,60057,300Europe, Middle East, and Africa

44,90044,70040,600Asia Pacific and Japan

98,00097,90098,300• Capital goods (category 2) includes CO2, CH4, N2O, and HFCs, and represented 0.43% of our Scope 3 emissions in 2022.
• Upstream energy production (category 3), Waste generated in operations (category 5), and Business travel (category 6) include
CO2, CH4, and N2O, and represented 0.25% of our Scope 3 emissions in 2022.

GHG emissions by scope (tonnes CO2e)
Scope 2 (location-based method)
Scope 2 emissions, by region

Scope 2 emissions, by type
Purchased electricity for operations

203,600

198,200

196,300

202,800

197,500

195,600

Americas60,70055,60057,300Circularity

Europe, Middle East, and Africa

44,90044,70040,600Materials

Asia Pacific and Japan

97,20097,20097,700

800

700

600

0

0

0

District cooling and heating (purchased steam) for operations

Environmental management

Americas

Data

Europe, Middle East, and Africa

Human Rights

Asia Pacific and Japan

0

0

0

800

700

600

Digital Equity and philanthropy

Scope 3^29,482,000

29,905,000

26,748,000

Integrity

Materials extraction through manufacturing (category 1;
also see Carbon: Supply chain)

17,086,000

18,221,000

16,139,000

Capital goods (category 2)

133,000

90,000114,000

Upstream energy production (category 3)^^51,00053,00052,000Transportation (categories 4 and 9; also see Product transportation)^^^573,000

715,000

588,000

Appendix

Waste generated in operations (category 5)
Business travel (category 6)‡
Employee commuting (category 7)
Upstream leased assets (category 8)‡‡

Processing of sold products (category 10)582022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

To calculate Scope 1, Scope 2, and Scope 3 emissions, HP has followed the principles outlined in the Greenhouse Gas Protocol.
Additional details on calculations and methodology can be found in the HP Carbon accounting manual. Scope 1 GHG emissions
include CO2, CH4, N2O, HFCs, and PFCs. No biogenic emissions are present in this category. Scope 2 GHG emissions include CO2,
CH4, and N2O. No biogenic emissions are present in this category. Scope 3 GHG emissions:

2021

Waste

Forests

*

2020

1,000

1,000

1,000

20,0003,000

15,000155,000

140,000

88,000

N/A

N/A

N/A

N/A

N/A

N/A

Product energy use (category 11)‡‡‡

11,327,000

10,537,000

9,603,000

Product end of service (category 12)

126,000

128,000

126,000

Buildings leased to others (category 13)

10,00017,00022,000Franchises (category 14)

N/A

N/A

N/A

Investments (category 15)

De minimis

De minimis

De minimis• Materials extraction through manufacturing (category 1), Transportation (categories 4 and 9), Product use (category 11), andProduct end of service (category 12) include CO2, CH4, N2O, HFCs, PFCs, SF6, and NF3, and represented approximately 99%
of our Scope 3 emissions in 2022. Biogenic emissions are present and captured in the paper emissions factor of HP paper
manufactured (category 1).

• Employee commuting (category 7), Buildings leased to others (category 13), and Investments (category 15) include CO2, andrepresented 0.42% of our Scope 3 emissions in 2022.
• Upstream leased assets (category 8), Processing of sold products (category 10), and Franchises (category 14) are not applicableto HP.
In some cases, segments do not add up to total due to rounding.
Total includes HP’s reported values for Scope 1 and Scope 2 market-based method emissions in table.
Emissions-intensity values were calculated using HP’s annual revenue as characterized in financial reporting and Scope 1 and Scope
2 GHG emissions.
**** HP does not estimate or extrapolate diesel use for nonreporting sites.
†
CO2e emissions associated with CH4 and N2O account for less than 1% of total CO2e emissions in this category.
††
HP collects all refrigerant consumption data from local facility maintenance teams company-wide, directly accounting for facilities’
refrigerant leakage and use and avoiding the need for extrapolation. We use various tools and sources for global warming potential
and ozone depletion values, including the Greenhouse Gas Protocol’s GHG Emissions from Refrigeration and Air Conditioning tool,
IPCC Second Assessment Report (1995).
†††
Data in this section uses the market-based method. Due to the availability and feasibility of acquiring the data, the company only
obtained utility-specific emission factors for its sites in Glasgow, UK; Geneva, Switzerland; Hong Kong; and Palo Alto, San Diego, andSan Bernardino, California; Boise, Idaho; Indianapolis, Indiana; Albuquerque, New Mexico; Sandston, Virginia; and Socorro, Texas, in the
United States.
**
***

^
See Methodological updates.
^^ Scope 2 GHG emissions used to calculate this category were determined using the location-based method.
^^^ This product transportation data is based on LCA-based estimates. It uses a combination of HP-specific and industry data, andincludes additional upstream and downstream transportation related to our products. This data may differ from data reported byproduct transportation suppliers that HP contracts to deliver our products, as presented in Product transportation and Supply chain
environmental impact.
^^^^ De minimis values are less than 0.25% of total Scope 3 emissions.
‡HP’s global travel agency provides values that take into account the type of aircraft, passenger load, cabin class, and miles
traveled for each ticketed trip. This data also includes rail travel carriers and distance traveled. Although these values fall below ourquantitative reporting threshold of 0.25% of total Scope 3 emissions and could be reported as de minimis, we choose to report thiscategory due to our ability to directly track this data, our level of influence over these emissions, and stakeholder expectations inthis category.
‡‡
All facilities are accounted for in Scope 1 and 2. Leased furniture and equipment are included in Capital goods (category 2).
‡‡‡
Scope 3 emissions from inkjet and LaserJet printers that HP manufactures for sale and service by other original equipment
manufacturers are excluded from our carbon footprint. Scope 1 and 2 emissions from the manufacturing of these printers at HPoperated facilities are captured in the Scope 1 and 2 data reported in this year’s report.

Water footprint*
cubic meters

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

59

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

*

2020

2021

2022

Water consumption in HP supply chain—direct use in operations**

18,500,000

20,200,000

19,600,000

Water consumption in HP supply chain associated with the generationof electricity

38,400,000

43,000,000

42,700,000

Water withdrawal in HP operations

2,597,000

2,556,000

2,227,000

Water withdrawal associated with the generation of electricity used in HP
operations

2,100,000

2,100,000

2,100,000

Water consumption associated with the generation of electricity used by
HP products***

101,400,000

94,200,000

89,600,000

Methodological updates to improve the accuracy of our carbon footprint calculations also impacted calculations in the Water
consumption associated with the generation of electricity used by HP products category. Data for 2020 and 2021 are restated. See
Carbon footprint for detail. Additional details on calculations and methodology can be found in the HP Water accounting manual.
** This metric reports the amount of water consumed by HP’s multi-tier supply chain, and not the amount withdrawn by first-tier suppliers
as reported in the Water: Supply chain section. Because water withdrawn can also be returned, water consumption is inherently lower.
*** Indirect water consumption from inkjet and LaserJet printers that HP manufactures for sale and service by other original equipment
manufacturers is excluded from our water footprint. Water consumption from the manufacturing of these printers at HP-operated
facilities is captured in the direct water consumption data reported in this year’s report.

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
CarbonWater
Waste
Circularity
Materials
Forests***

Supply chain environmental impact*First-tier production supplier and product transportation–
related GHG emissions intensity**, ***(tonnes CO2e/US$ million of HP net revenue)

2019

2020

2021

2022

74.8

73.7

70.9

Δ

GHG emissions
Production supplier GHG emissions**** (tonnes CO2e)
Scope 1 and Scope 2 emissions***

3,000,000

2,700,000

2,400,000

Δ

Scope 3 emissions***, †18,000,000

17,500,000

22,200,000

Δ

94%

95%

92%

Δ

1,250,000

1,510,000

1,620,000

1,280,000

Production suppliers with GHG emissions reduction–
related goals (% of spend)
Product transportation GHG emissions†† (tonnes CO2e)

Environmental management

Road (includes rail)

190,000

160,000

260,000

150,000

Data

Ocean

90,000100,000

90,00090,000Air

970,000

1,250,000

1,270,000

1,040,000

Human Rights
Digital Equity and philanthropy

Nonproduction supplier Scope 1 and Scope 2 GHG emissions (see Carbon footprint)
Energy use

Integrity
Appendix

Production supplier energy use††† (MWh)6,500,000

6,000,000

5,400,000

Δ

Production supplier renewable energy use(% of total energy use)

25%

26%

28%

Δ

Production suppliers that reported using renewableenergy*** (% of spend)

78%

77%

84%

Δ

37,000,000

36,000,000

30,000,000

Δ

92%

94%

94%

Δ

Production supplier nonhazardous waste generation***, ^^(tonnes)

146,000

126,000

117,000

Δ

Production supplier hazardous waste generation***, ^^(tonnes)

53,00046,00054,000

Δ

72%

76%

69%

Δ

Water
Production supplier water withdrawal for use***, ^ (cubic
meters)
Production suppliers with water-related goals(% of spend)
Waste

60

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Production suppliers with waste-related goals(% of spend)

In some cases, data from prior years is updated to reflect improved data—for example, revised supplier information.
Intensity is calculated as the portion of first-tier production and product transportation suppliers’ reported GHG emissions
attributable to HP divided by HP’s annual revenue. This method normalizes performance based on business productivity. Intensity
is reported as a three-year rolling average to decrease the impact of variance year over year and highlight longer-term trends.
Production supplier GHG emissions include Scope 1 and Scope 2.
*** Variation in this data reflects both changes in actual performance and inconsistency in reporting practices.
**** Emissions are calculated based on suppliers’ reported emissions and their dollar volume of HP’s business compared to their total
revenue. The majority of these companies report on a calendar-year basis. Data reported here reflects extrapolation to 100% of firsttier production suppliers. Data collected for 2021 represented 96% of HP production spend. The World Resources Institute defines
Scope 1, 2, and 3 GHG emissions in its Greenhouse Gas Protocol. This data differs from the product LCA–based estimates for materials
extraction through manufacturing presented in Carbon footprint, which are based on a different calculation methodology and use acombination of HP-specific and industry data.
Δ This data is based on supplier reporting to CDP and other platforms. As a result, this data is not available for the most recent reporting
year at the time of publication.
†
Suppliers may not report all Scope 3 categories. The number of categories reported by suppliers and the completeness of reporting
varies year to year.
††
The figures for product transportation GHG emissions are based on data reported by product transportation suppliers that HP
contracted to deliver products. They may differ from the product LCA–based estimates presented in Carbon footprint, which are basedon a different calculation methodology, use a combination of HP-specific and industry data, and include additional upstream anddownstream transportation related to the company’s products.
†††
Total energy includes purchased energy (electricity, etc.) and generated energy (fuel use, etc.). Energy use data is calculated based on
suppliers’ reported energy use and their dollar volume of HP’s business compared to their total revenue. Data reported here reflects
extrapolation to 100% of first-tier production suppliers. Data collected for 2021 represented 94% of HP production spend.
^ This metric reports the amount of water withdrawn by suppliers, not the amount consumed by our multi-tier supply chain as reported
in our water footprint. Because water withdrawn can also be returned, this footprint is inherently larger. Refers to first-tier suppliers
for manufacturing, materials, and components. Withdrawal is estimated based on suppliers’ reported water withdrawal and theirdollar volume of HP business compared to their total revenue. The majority of these companies report on a calendar-year basis.
Data reported here reflects extrapolation to 100% of first-tier production suppliers. Data collected for 2021 represented 92% of HP
production spend.
^^ Waste data is estimated based on suppliers’ waste data and their dollar volume of HP business compared to their total revenue. The
majority of these companies report on a calendar-year basis. Data reported here reflects extrapolation to 100% of first-tier production
suppliers. Data collected for 2021 represented 86% of HP production spend for nonhazardous waste and 78% for hazardous waste.

Introduction

HP operations* (also see Carbon footprint)

Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation

2020

2021

2022

604,901

697,058

696,349

Energy intensity*** (MWh/US$ million of net revenue)

10.7

11

11.1

Direct energy use in operations (corresponds to Scope 1 emissions)** (MWh)120,911

202,750

202,262

2021

2022

2,597,000

2,556,000

2,227,000

Americas1,126,000

1,132,000

944,000

Europe, Middle East, and Africa

252,000

163,000

118,000

Water

Energy use
Energy use** (MWh)2020

Water withdrawal, by region (cubic meters)

CarbonNatural gas

117,945

125,111

118,950

Water

Americas106,738

114,019

109,001

Europe, Middle East, and Africa

9,760

9,632

7,853

Municipal water

Asia Pacific and Japan

1,447

1,460

2,096

Wastewater from another organization

Renewable (generated on-site)

1,525

1,440

1,376

Surface water (rainwater)

Diesel/gas/oil/LPG****

1,441

1,372

383

Ground water (well water)

Transportation fleet—gasoline**

52,022

46,489

Reused treated sewage treatment plant water^ (cubic meters)

Transportation fleet—diesel**

22,80425,389

Waste
Circularity
Materials
Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity

Transportation fleet—jet fuel2,307,000

2,232,000

1,945,000

269,000

310,000

279,000

1,000

1,000

2,000

20,00013,000

1,000

0

0

0

SeawaterΔ

Δ

0

Produced water

Δ

Δ

0

Δ

Δ

238,000

ΔΔ

237,000

Δ

Δ

0

†††

(NEWater)

Δ

9,676
494,086

480,595

491,272

491,272

Municipal water

Americas192,520

195,891

194,131

Wastewater from another organization

Europe, Middle East, and Africa

103,945

108,322104,262

Surface water (rainwater)

Δ

Δ

0

Asia Pacific and Japan

184,130

187,059

192,878

Ground water (well water)

Δ

Δ

1,000

239,571

261,196269,209

Reused treated sewage treatment plant water^ (cubic meters)

Δ

Δ

0

0

0

0

SeawaterΔ

Δ

0

Produced water

Δ

Δ

0

Δ

Δ

2,225,000

Water withdrawal by source from areas with water stress (cubic meters)†††(NEWater)Supplier-specific renewable energy

2,566

1,417

0

District cooling and heating (purchased)

3,395

3,036

2,815

Americas000Freshwater (</= 1000mg/L total dissolved solids)

ΔΔ

2,225,000

Europe, Middle East, and Africa

0

0

0

Other water (>1,000 mg/L total dissolved solids)

Δ

Δ

0

3,395

3,036

2,815

Asia Pacific and Japan

www.hp.com/sustainableimpact

1,164,000
2,227,000

494,308

Voluntary purchases of no/low-carbon energy

2022 HP Sustainable
Impact Report

1,262,000
2,556,000

Δ

Voluntary purchases of renewable energy†

61

1,219,000
2,597,000

483,990

Indirect energy use (corresponds to Scope 2 emissions) (MWh)Electricity (purchased)

Appendix

Asia Pacific and Japan
Water withdrawal, by source†† (cubic meters)

Water withdrawal from freshwater and other sources (cubic meters)

Water withdrawal intensity^^ (cubic meters/US$ million of net revenue)

45.9

40.3

35.4

Recycled or reused water^^^ (% of total water withdrawal)

10.4%

12.1%

12.5%

Introduction
Sustainable Impact
Climate Action
Sustainable Impact goals
Working to counteract
deforestation
Carbon

2020

2021

2022

Waste
Nonhazardous waste, by region^^^^ (tonnes)

14,20013,90018,800Americas

7,100

6,700

11,200Europe, Middle East, and Africa

4,800

4,600

5,700

Asia Pacific and Japan
Nonhazardous waste, by type (tonnes)

2,300

2,600

1,900

14,20013,90018,800Water

Recycled ^^^^^

10,70010,50015,300Waste

Landfilled

2,200

2,000

2,400

Circularity

Waste to energy

1,300

1,400

1,100

400

500

600

Global

85.2%

86.4%

87.7%

Human Rights

Americas

90.6%

91.5%

90.1%

Digital Equity and philanthropy

Europe, Middle East, and Africa

71.5%

74.9%

81.1%

Asia Pacific and Japan

95.8%

90.8%

92.4%

Materials

Used electronic equipment recovered from HP operations‡ (tonnes)

Forests

Nonhazardous waste and used electronic equipment recovered from
HP operations landfill diversion rate (% of total produced)

Environmental management
Data

Integrity
AppendixComposition of nonhazardous waste and used electronic equipment recoveredfrom HP‡‡ (percentage of total)
Paper

21%

22%

31.8%

Packaging materials

13%

23%

17.3%

Pallets

18%

11%

7.3%

Metals

5%

6%

2.8%

Used electronic equipment recovered from HP operations

3%

4%

2.9%

Other‡‡‡

15%

11%

20.0%

Waste to energy

9%

9%

5.6%

Landfill

15%

14%

12.3%

Hazardous waste

6,060

7,060

7,820

Americas

1,180

1,400

1,130

Europe, Middle East, and Africa

2,010

1,730

2,020

Asia Pacific and Japan

2,870

3,930

4,670

‡‡‡‡

62

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact(tonnes)

Ozone depletion potential of estimated emissions#(kg of CFC-11 equivalent)
Americas

2020

2021

2022

4

4

3

1

0

0

Europe, Middle East, and Africa

3

4

3

Asia Pacific and Japan

0

0

0

Number of violations of legal obligations/regulations##

1

0

0

Fines/penalties related to the above (US$)

0

0

0

*
**
***
****
Δ

See About our operational data. In some cases, segments do not add up to total due to rounding.
Fuel consumption from HP’s transportation fleet was not included in the Direct energy use in operations figures prior to 2021.
Historical energy-intensity values were calculated using HP’s annual revenue as characterized in financial reporting and energy use.
Diesel is mostly used at HP for testing generators. In limited cases, diesel is also used for long-term on-site energy generation.
Data not reported prior to 2022.
†
Renewable energy and RECs, excluding renewable energy provided by default in the power grid.
††“Water withdrawal” includes municipal water, wastewater from another organization, rainwater, and well water. Water withdrawal
does not include reused treated sewage treatment plant water. In the GRI framework, municipal water and wastewater from anotherorganization are classified as third-party water.
†††
NEWater is ultra-purified wastewater used in manufacturing operations in Singapore.
^
This water was used historically for landscaping and toilets.
^^
Historical water withdrawal–intensity values were calculated using HP’s annual revenue as characterized in financial reporting andwater withdrawal.
^^^ This includes NEWater (ultra-purified wastewater used in manufacturing operations in Singapore) as well as recycled or reusedwater reported by sites globally. Greywater is included, rainwater is not.
^^^^ To provide additional transparency, this report presents used electronic equipment recovered from HP operations as aseparate category.
^^^^^ Reduced and reused waste materials are included in the “Recycled” category.
‡
We reuse electronic equipment when possible or recycle it responsibly through the same programs we offer customers. See
Product repair, reuse, and recycling.
‡‡
HP sites report nonhazardous waste volumes and disposition based on information provided by our waste-disposal vendors.
For sites unable to directly track nonhazardous waste, we estimate volumes and disposition using intensity factors based on
similar operations.
‡‡‡
Includes food organics, green waste, reused materials, and donations.
‡‡‡‡
Includes all waste not sent to a municipal solid waste or recycling facility. This conservative approach classifies all waste managed
by our hazardous waste vendor as hazardous, unless we can definitively determine it to be nonhazardous.
#
HP collects all refrigerant consumption data from local facilities maintenance teams company-wide, directly accounting for
facilities’ refrigerant leakage and use and avoiding the need for extrapolation. We use various tools and sources for global
warming potential and ozone-depletion values, including the Greenhouse Gas Protocol’s GHG Emissions from Refrigeration and Air
Conditioning Equipment tool, IPCC Second Assessment Report (1995).
##
This data represents safety or environmental violations from a federal or state agency.

Introduction*

Product repair, reuse, and recycling*2020

Sustainable Impact
Climate Action

2021

2022

Overall

Sustainable Impact goals

Number of countries and territories with HP return and recycling programs

Working to counteract
deforestation

Total reuse and recycling of hardware and recycling of supplies (tonnes)

77

77

76

124,400

129,300

121,000

91%

92%

90%

CarbonPercentage of total volume of hardware products and materials taken backthat was reused or recycled by HP or by a third party (%)

Water

Repair and reuse

Waste

Electronic equipment repaired** (units)

5,310,000

6,290,000

5,233,000

Circularity

Electronic equipment reused*** (units)

1,280,000

2,150,000

1,860,000

Materials

Electronic equipment reused*** (tonnes)

5,900

7,200

6,700

1.0%

1.2%

1.2%

118,500

122,000

114,300

16.3%

15.6%

16%

Americas38,80039,90035,000Europe, Middle East, and Africa

60,20063,00055,300Asia Pacific and Japan

19,50019,10024,000106,500

108,800

100,600

Original HP and Samsung toner cartridges

10,60010,30010,900

Original HP ink cartridges

1,300

1,500

1,300

Δ

1,400

1,400

92%

94%

89%

91%

89%

91%

Forests
Environmental management
Data
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

Overall reuse rate of relevant HP hardware sales worldwide (%)†

Recycling
Total recycling of hardware and supplies (tonnes, approximate)
Overall recycling rate of relevant HP hardware sales worldwide (%)††

Total recycling, by region (tonnes)

Total recycling, by type (tonnes)
Hardware††††††

HP Indigo supplies
Original HP and Samsung toner cartridge recycling
HP toner market covered by program (%)
See composition data
Original HP ink cartridge recycling
HP ink market covered by program (%)
See composition data

63

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Totals include all hardware and supplies returned to HP for processing, with ultimate dispositions including recycling, energy recovery,
and, where no suitable alternatives exist, responsible disposal. Original HP toner and ink cartridge recycling data is for calendar year.
The remaining data is based on the HP fiscal year. Although for HP print cartridges we report the composition of recovered materials,
we cannot provide this data for hardware because we do not have operational control over all recycling processes and so do nothave access to this information. Recycling volumes in 2020 and 2021 were adversely impacted in some locations by lockdowns andcustomer behavior impacted by the COVID-19 pandemic. In some cases, segments do not add up to total due to rounding. Although we
do not include data prior to 2020 in the Product repair, reuse, and recycling section, the vast majority of product hardware recycling
data, and all toner and ink cartridge recycling data, reported in past years was associated with the business units that are now apart of HP Inc. Through 2015, Hewlett-Packard Company reported 1,497,500 tonnes of cumulative computer hardware and supplies
recycling combined.
** Beginning in 2021, this data is based on the actual weight of every product. Prior to 2021, data was estimated based on the average
weight of each product category.
*** Reused material is defined as recovered products or components of products that are used for the same purpose for which they
were conceived. A reused product/part should replace a new product/part shipment, and the product/part needs to have been usedby a customer and refurbished before being sent to a different user. Prior to 2021, this data also included some units remarketed tocustomers that had not been refurbished or used. Beginning in 2021, this data is based on the actual weight of every product. Prior to2021, data was estimated based on the average weight of each product category.
†
The reuse rate is based on the weight of hardware products returned for reuse compared to the weight of our product sales during theyear. Data for 2020 and 2021 are restated to include only product reuse and not product repair.
††
The recycling rate is based on the weight of hardware products returned for recycling compared to the weight of our product sales
from seven years ago (the estimated average lifespan of our products). It is impractical for HP to report the recycling rate by productcategory, as materials are not typically sorted at collection points. This rate also does not include packaging recycling, due to limited
data available from recyclers.
†††
Includes cartridges returned by customers only.
Δ Data is not available.

HP materials use in products and packaging*
tonnesIntroduction
Sustainable Impact
Climate Action

2020

2021

2022

562,700

602,700

550,300

Metal

202,800

191,700

157,500

Plastic

251,500

243,900

208,300

Other**

108,400

167,100

184,400

Electronic products

Sustainable Impact goals
Working to counteract
deforestation
CarbonPostconsumer recycled content plastic used in HP products*
tonnes

Water

Paper

213,300

193,900

173,200

Waste

Packaging

166,000

159,800

150,000

Circularity

Total

942,000

956,400

873,500

Materials
Forests
Environmental management
Data
Human Rights* For 2020, the data in this table does not include the following products or packaging for these products: commercial, industrial, or 3D
printing products; scanners; personal systems accessories sold separately; spare parts; or the weight of ink and toner in cartridges. For
2021, the data in this table 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.
** For 2020, includes wires/cables, PCAs, LCDs, and batteries. For 2021, includes wires/cables, PCAs, LCDs, batteries, and the weight of ink
and toner in cartridges, as well as the total mass of refurbished whole products and parts.

Digital Equity and philanthropy

Circularity

Integrity

2020

Appendix
Circularity for products and packaging* (%)

642022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

2022

40%

39%

40%

Recycled content plastic in HP products** (tonnes)

27,49032,00032,200Recycled content metal in HP products*** (tonnes)

Δ

3,500

4,300

Recycled fiber in HP-brand paper and packaging (tonnes)

100,800

105,700

93,500

Certified sustainably managed fiber in HP-brand paper and packaging****(tonnes)248,300

227,800

212,500

5,900

7,200

6,700

Reused products and parts (tonnes)*

2021

Percentage of HP’s total annual product and packaging content, by weight, that came from recycled and renewable materials andreused products and parts. 2020 data is updated to reflect the exclusion of recycled plastic in packaging. 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.
** Recycled content plastic in HP products is postconsumer. Although there is recycled content in some plastic packaging, it is notincluded in this data because we are working to improve the data-collection process. Data from 2020 is restated to exclude recycledplastic in packaging.
*** Recycled content metal in HP products is a mix of certified pre-consumer and postconsumer. 2021 data is updated to provide more
complete information.
**** This material is renewable. As defined in the GRI Sustainability Reporting Standards, renewable material is “material derived fromplentiful resources that are quickly replenished by ecological cycles or agricultural processes, so that the services provided by theseand other linked resources are not endangered and remain available for the next generation.”
Δ Data is not available.

2020

2021

% of total
plastic use,
2021

2022

% of total
plastic use,2022

Personal systems

9,780

8,510

14.9%

11,13022.3%

Home and office printers

8,720

12,7008.6%

13,300

10.4%

Original HP ink cartridges

5,767

7,788

53.6%

4,560

51.6%

Original HP and Samsung toner cartridges

2,913

2,414

11.7%

2,600

14.7%

310

560

16.1%

550

16.7%

27,49032,00013%

32,20015.4%

Large format and industrial printers
Total** Segments for some years do not add up to total due to rounding.

Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing

Human
RightsOur employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

652022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP employees in Singapore at one of our production facilities.

Human Rights
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability

Our mission
Building a culture of equality and empowerment within HP
and beyond, where diversity is sought out and celebrated, andwhere universal human rights are understood and respected.

Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
AppendixHP’s stance on human rights is clear anduncompromising. We embrace our responsibility
to respect human rights, and we continuallymonitor emerging human rights expectations andbest practices. We believe in creating a culture of
empowerment and equality within HP and beyond,and advocating for universal rights, strivingfor policies that fight racism, and advancing
social justice. See our United Nations Global
Compact submission.
Our human rights policies and practices advanceour commitment to respecting human rights andengaging with rightsholders. HP’s due diligenceprogram is designed to help us identify andaddress potential and actual human rights issues,and spans our own operations, the nonproduction
suppliers that support us, and the production
suppliers that build our products.1

66

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Through supplier agreements and our supply chain
responsibility program, we work to improve labor
conditions within supplier factories and tackle
industry-wide challenges, such as forced labor andconflict minerals. We also invest in and develop
capability-building programs for our suppliers thatbuild management skills and empower workers
through knowledge and access to opportunities.
Our employees are vital to HP’s success, so weprovide innovative training and development
opportunities to build their skills and help
advance their careers. By valuing and rewarding
employees we drive better performance andattract and retain top talent. Our wellness
program supports the broad needs of ouremployees, and we strive to keep them safe andhealthy so they can do their best work.
HP was built on the values of diversity, equity,and inclusion. Fostering this culture within ourcompany and with our suppliers is a business
imperative and is essential to serving ourcustomers globally. We embrace policies that
support diversity in the workplace and careerdevelopment for minority groups. We arecommitted to a culture that is not only against
racism but actively antiracist, and to using
HP’s platform, technology, and resources as aforce for positive change. We accelerate thiswork through the HP Racial Equality and Social
Justice Task Force.

Sustainable Impact goals
Goal

Progress in 2022

SDGs

Empowered workers
Through 2022, we reached 396,000 workers. Learn more.

8, 10Achieve 50/50 gender equality in HP leadership,by 20303

Women represented 33.3% of director-level and above
positions globally (as of October 31, 2022). Learn more.

5

Achieve greater than 30% technical women and womenin engineering, by 2030

Women represented 23.7% of engineering andtechnology positions globally (as of October 31, 2022).
Learn more.

5

Double the number of Black/African American
executives by 2025, from a 2020 baseline4

Increased from a baseline of 3.0% in June 2020 to 4.4%
as of the end of 2022. Learn more.

8

Double Black/African American technicalrepresentation in the United States by 2025, from a2020 baseline5

Increased Black/African American technicalrepresentation in the United States from 2.3% in 2020
to 3.1%. Learn more.

8

Meet or exceed labor market representation for racial/ethnic minorities in the United States, by 2030

Met labor market representation for Asian Americanand Hispanic/Latin American demographic groups;
on track to increase representation in Black/African
American demographic group to achieve goal by 2030.
Learn more.

8

Achieved a rating of 89% compared with 87% in 2021.
Learn more.

8

99.3% of employees, including senior executives,completed Integrity at HP training, as well as all
members of the Board of Directors.7 Learn more.

16

Reach one million workers through worker
empowerment programs by 2030, since the beginningof 20152
Social justice, racial and gender equity

Culture of inclusion and belonging
Maintain higher than 90% rating on internal inclusionindex for all employee demographics annually6
Ethics
Maintain greater than 99% completion rate of annual
Integrity at HP training among active HP employees andthe Board of Directors

Introduction

Advancing diversity
in our supply chain

Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

67

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP is committed to embracing a culture that is not
only against racism, but actively antiracist, and tousing our platform, technology, and resources as aforce for positive change. This includes consciously
partnering with diverse suppliers, whose
perspectives can help us to design better products
and make better decisions.
One such supplier is RLA Engineering (RLA), a
preferred R&D supplier for our Print Development
and Quality teams for over a decade. Ray BurneyJr., RLA’s founder and president, is a native ofLouisiana, United States, and a member of thestate’s Creole community, and served as a leader
at HP for several years as a section manager. He
is also a 14-year veteran of the U.S. Army and Army
National Guard and a graduate of the Wisconsin
Military Academy.
Ray describes RLA—the initials of his threechildren—as a “client-driven” company that
constantly evolves to meet its customers’ changing
needs. Advancing the company’s commitment toinclusion, RLA has also launched a diverse talent
recruitment program.
When supporting HP, RLA has demonstrated
resilience and creative use of diverse perspectives
to deliver solutions such as component
performance–testing systems, upgrades forhigh-resolution imaging, and modeling to improve
product design. Completing these projects
has helped RLA to scale its capabilities andtake on larger projects for both HP and othertechnology clients.

Our partnership shows how close supplier
relationships enhance our business: RLA has
helped us solve complex problems and in turn, we
have helped RLA to thrive, including by proactively
introducing the company to growth opportunities.
It has also informed our Racial Equality and Social
Justice Task Force and global purchasing teams
as we work to identify and support other diverse
suppliers to create a level playing field and help
close the economic divide.

“Growing up, I was always
taught the value of hard
work and of finding
solutions to the problems
we faced on a daily basis.
That spirit runs deepat RLA Engineering—
we amplify our diverse
perspective to help ourclients succeed.”
Ray Burney Jr., founder and presidentof RLA Engineering

Ray Burney Jr., RLA Engineering’s founder and president.

Introduction
Sustainable Impact
Climate Action

Governanceandaccountability

Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

682022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP’s chief sustainability officer and headof human rights, who both sit within HP’s
supply chain operations team, oversee theimplementation of our company-wide humanrights commitments (found within our Human
Rights Policy) and the design of processes
to prevent, mitigate, and remediate related
potential and actual impacts. Our Human
Rights Policy was approved by our president
and CEO, who is a member of our Boardof Directors.

Nominating,Governanceand Social
Responsibility
Committee
The Nominating, Governance and Social
Responsibility Committee (NGSRC) of the HP Boardof Directors oversees HP’s significant strategies,
policies, positions, and goals relating to humanrights, including by reviewing the results of ourongoing human rights assessments and approving
HP’s annual company-wide Modern Slavery
Transparency Statement. The NGSRC is regularly
updated on human rights–related topics, manyof which are informed by internal and external
human rights experts. In 2022, topics discussed
included the shifting regulatory landscape
regarding mandatory human rights due diligence,
supply chain transparency and potential business
impacts, and conflict minerals. The NGSRC
also received a progress update on our humanrights–related goals, with special focus on our
numerous initiatives around worker empowerment,
and an overview of emerging trends regarding
enhanced transparency and mandatory disclosure
requirements. See Governance to learn more about
how Sustainable Impact is governed at HP.

Human Rights
Council

Human Rights
Team

HP’s internal Human Rights Council reviews ourongoing human rights assessments, develops
plans for continuous improvement of our humanrights due diligence, and promotes the alignment,
integration, and implementation of our Human
Rights Policy and related programs and initiatives
across HP. The Council is informed by independent
external human rights experts who may share
information and insights on a broad range of topics,
such as human rights risks and impacts, emerging
trends, governance, and remediation. The Council
meets quarterly to review progress and in 2022, it
was expanded to include new leaders across thebusiness, including from human resources, global
indirect procurement, supply chain operations,sales and marketing, global affairs and public
policy, and environment, health, and safety.

The head of human rights, who reports to the chiefsustainability officer, oversees HP’s Human Rights
Team. The Human Rights Team is responsible for
implementing our commitment to respect humanrights in our operations and value chain. This teamconsists of over 25 people who are responsible
for conducting our human rights due diligence,
including developing programs, processes, andtools to ensure that HP suppliers comply with HP’s
Supplier Code of Conduct and embedding respectfor human rights across HP’s business, including
our own operations. The Human Rights Team isalso responsible for human rights reporting andprovides support, guidance, and resources tointernal partners, such as legal (including global
affairs and public policy), procurement, humanresources, and other internal stakeholders.

Day-to-day implementation of HP’s human rights
commitments is conducted through collaboration
across the company. For example, HP establisheda new internal, cross-functional, working-levelgroup to help plan and implement enterprise-wide
human rights actions and initiatives impacting
the company’s value chain. This cross-functionalgroup consists of experts representing each of thefunctions on the Human Rights Council.

Introduction
Sustainable Impact
Climate Action

Humanrights due
diligence

Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
AppendixDue diligence is central to our work to respecthuman rights across our value chain, engage
with rightsholders, and address potential
and actual adverse human rights impacts.
Through our policies, processes, assessments,
governance systems, and audit program, weseek to identify and address potential andactual adverse impacts that may result from ourbusiness activities and relationships.

Approach
Everyone across HP’s value chain should betreated with dignity and respect, including our own
employees, the workers in our supply chain, thecustomers that use our products, and the people
who process those products at end of use.
Our human rights due diligence program8 isgrounded in the United Nations Guiding Principles(UNGPs); we identify and assess potential andactual adverse impacts throughout our value chain.
We prioritize our efforts by focusing on our salient
human rights issues—that is, the human rights thatare at risk of the most severe negative impacts
through our activities and business relationships.
When we identify human rights risks, we integrate
the findings into our internal systems and takeappropriate action to cease, prevent, mitigate,
and remediate these risks. We strive to engage
with internal and external stakeholders in every
step of human rights due diligence. Stakeholders
include multi-stakeholder initiatives, rightsholders
and their representatives, community members,
civil society organizations, external human rights
experts, and peer companies. We consider humanrights due diligence an ongoing business practice,and strive for continuous improvement.

Policies and commitments
Human Rights Policy

69

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP’s Human Rights Policy (available in 24
languages) advances our commitment torespecting human rights, engaging withrightsholders, and embedding our approachthroughout our business and value chain. This
policy and our Sustainable Impact strategy
recognize that social and environmental
issues are interconnected and share humanrights dimensions.

We are committed to respecting the UNGPs andthe Organisation for Economic Co-operation andDevelopment (OECD) Guidelines for Multinational
Enterprises. We are also committed to respecting
internationally recognized rights as expressedin the:• International Bill of Human Rights, meaning
the Universal Declaration of Human Rights, theInternational Covenant on Civil and Political
Rights, and the International Covenant on
Economic, Social and Cultural Rights.
• International Labour Organization’s(ILO) Declaration on Fundamental Principles
and Rights at Work.

Supplier Code of Conduct
HP’s Supplier Code of Conduct (SCoC) outlines
our expectations for contracted suppliers. The
SCoC incorporates international labor and humanrights principles and outlines HP’s commitmentthat suppliers ensure workers associated with HP
services and production have: (i) the right to freely
chosen employment; (ii) the right, in accordancewith local laws, to join labor unions on a voluntarybasis, to bargain collectively and to engage inpeaceful assembly; and (iii) the right to a workplace
free of harassment and unlawful discrimination.
The SCoC requires suppliers (and their suppliers)
to acknowledge and implement it.

Contingent Worker Code of Conduct
HP’s Contingent Worker Code of Conduct

and all suppliers of contingent workers to HP.
It is also applicable to HP personnel managing
the contracts and assignment of contingent
workers. The Code sets out our expectations, forexample by prohibiting unlawful discrimination orharassment, and charging applicant or recruitment
fees, as well as interference with identity
documents or passports or contingent workers’
ability to resign at any time (all local country
legislation and Workers Council Agreements apply).

Supply Chain Foreign MigrantWorker Standard
Foreign migrant workers are especially at riskfor exploitative labor practices and forced labor.
Our Supply Chain Foreign Migrant Worker Standard
addresses these risks in our supply chain byrequiring direct employment of foreign migrant
workers by our suppliers, prohibiting retention ofworker passports and personal documentation,and requiring the elimination of worker-paid
recruitment fees.

Additional policies
Specialized policies and practices support ourhuman rights commitments, including thoseaddressing responsible minerals sourcing, humanresources, diversity, equity, and inclusion, racialequality, privacy and data protection, accessibility,
and social and environmental responsibility.
We comply with local laws and regulations. Where
laws are silent regarding protected human rights
or are less stringent than our approach, we work
diligently to develop solutions that advanceour commitment to respecting human rights,
supporting progress wherever possible.

Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
AppendixTraining

Audits and assessments

We develop and maintain human rights–related
training to help us continually enhance ourapproach. In 2022, 99.3%9 of employees (including
senior executives) completed annual Integrity
at HP training, which included human rights–
related content such as anti-harassment andnondiscrimination. For Human Rights Day on
December 10, 2021, we released an employee
awareness video explaining human rights andwhy they matter, as well as highlighting ourlegacy of respecting human rights at HP. We also
developed and launched a new internal website
to provide human rights–related materials andresources for HP’s sales organization to educate
sales professionals.

HP uses audits and specialized assessments to
help us review supplier performance and identify
where corrective action is needed. We prioritize
supplier audits and assessments according
to level of risk. We are founding members of
the Responsible Business Alliance (RBA), baseour SCoC on the RBA Code of Conduct, and use
the RBA Validated Assessment Program (VAP)and audit protocol. We use RBA VAP–certified
auditors, and most audits are conducted by thirdparty auditing firms.

In 2022, we launched a new partnership with two
human rights organizations, Verité and Survivor
Alliance (an organization led and run by survivorsof modern slavery), to develop an employee
awareness training on modern slavery and humantrafficking. We also began developing an internal
website where all employees can learn more
about human rights at HP, including training on
our policies.
Our commitment to training is not limited to ourown employees. We work to provide training
opportunities to our suppliers and their workers,
including training covering topics such as
worker wellbeing, rights and responsibilities, andenvironmental, health, and safety awareness. See
Capability building.

702022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Our audit and assessment approach includes
engaging with a range of different entities, using
audit standards and procedures to assess
performance and complete corrective action
where required, and integrating learnings into
our capability-building and prevention programs.
We assess our operations and suppliers using avariety of tools and independent third parties.

AuditsFor most of our manufacturing suppliers, we
conduct audits against our SCoC. The scopeof on-site audits depends on the nature of thework performed by the entity and the natureof the prioritized risks. For nonmanufacturing
suppliers, we may conduct audits only covering
those portions of the SCoC that are relevant forthe operation. For example, suppliers that provide
labor or services in an office environment would
be evaluated for the labor and ethics portions of
the SCoC.

HP has Full Member status in the RBA. We
implement the RBA Code of Conduct within ouroperations and our supply chains. The RBA Codeof Conduct is the basis for our SCoC, which is how
we communicate our human rights requirements
to those with whom we contract. The SCoC isbased on international norms and standards,
including the UN’s Universal Declaration of Human
Rights, ILO standards, and the OECD Guidelines forMultinational Enterprises.
We leverage the RBA VAP and audit protocol
for all the audits that we conduct involving the
SCoC. Audits are conducted by RBA-certified
auditors or qualified third-party auditing firms. This
standardized protocol means that the process
for conducting audits, interpreting findings, rating
results, and instigating corrective actions is bothconsistent and comparable.
For example, the audit protocol requires the auditor
to conduct a management system (policies andprocedures) review to assess how the entity
manages its operation. The auditor then examines
records and data, capturing information andevidence that enable the implementation ofpolicies and procedures to be assessed. Finally,
the auditor conducts interviews with workers
and supervisors to assess the rightsholders’perspectives and experiences working in thefacility. This worker feedback is examined tohelp identify issues that may need improvement.
Through this systematic assessment against the
SCoC, findings are determined by triangulating
the information learned from each part of theassessment. A closing meeting is held by theauditors with the entity’s management team tobrief them on a summary of the audit findings.
A detailed audit report is prepared, whichsummarizes the actual findings and gaps with
the SCoC. The supplier provides a detailed
corrective action plan addressing all identified
nonconformances, and HP works with the entity’s
management to address the issues identified,and confirms remedy with the employees ina closure audit.
As part of conducting due diligence andengagement with our partners, suppliers, andemployees, we look to identify recurring issues,
gaps, or challenges in performance that need
to be systematically addressed. Integrating thisknowledge into our communications, training,and capability building helps to better preventand mitigate risks. Through our collaborations
with the RBA and others, we work to build
industry tools, standards, and training to support
continuous improvement.

Assessments• Human rights risk assessments (HRRAs): HP
conducts HRRAs to identify and analyze the risksof our potential and actual adverse human rights
impacts at a global level, to gain an overview ofpotential issue areas across the entire company.
This process identifies our salient human rights
issues, prioritizes our risks, and assists us
in shaping our mitigation efforts.

Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix• Human rights impact assessments (HRIAs):
HP conducts HRIAs to build upon HRRA findings
where more in-depth human rights due diligencemeasures are appropriate to understand ourpotential or actual adverse impacts, or where wewant to have a more detailed understanding of aparticular geographic location, supplier, or similar.
• Desk assessment: We use desk assessmentswith most entities. This type of analysis considers
the type of service or activity that is involved,
the country, the level of spend associated withthe engagement, modern slavery indicators, andinformation we have about the entity itself. Thisbase level of risk sensing helps inform our further
levels of engagement.
• Self-assessment questionnaires (SAQs): We
also conduct SAQs. The responding entity is
asked to complete a questionnaire that is basedon our SCoC. The SAQ can include from 100 to
more than 400 questions that cover the entity’ssite characteristics and practices related to labor,
health and safety, environment, business ethics,
and their management system. Information
obtained from the SAQ further helps HP to assess
risk and can determine the prioritization for an
on-site audit and specialized assessment. During2022, 190 production suppliers completed SAQs.
• Specialized assessments: We conduct targeted
supplier specialized assessments to supplement
our comprehensive audits, focusing on specificrisk areas including vulnerable workers (such as
student, dispatch, and foreign migrant workers)
and health and safety (including fire safety andemergency preparedness).

71

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Supply chain

HP operations

We focus primarily on engagement with
suppliers with whom we have a direct contractual
relationship. We have multi-year agreements inplace with many of our suppliers. This allows us
the opportunity to build supplier awareness andcapability to meet our supply chain responsibility
expectations, including the implementation ofand adherence to policies and processes toaddress human rights–related risks. In turn, these
agreements require that suppliers mirror our
expectations with their own suppliers.

In 2022, we conducted 32 audits andassessments covering labor rights at HP-owned
sites, including offices, manufacturing locations,and nonmanufacturing operations. All of theseaudits and assessments were conducted bycertified auditors, and many were conductedby third-party auditors. HP sites are required tocomplete an annual SAQ to identify any risks. In
addition, our manufacturing operations undergo
RBA VAP audits every two years.

During 2022, we completed 303 supplier audits.
For most of our production suppliers, we conduct
full audits against our SCoC. For nonproduction
and product transportation suppliers, ouraudits may only cover SCoC sections relevantto their operations. See Supplier monitoringand evaluation.

See Supplier monitoring and evaluation.

Achieving Platinum
and Gold VAP auditscoresDuring the year, HP’s facilities in Corvallis,
Oregon, United States, and Penang, Malaysia,
achieved Platinum and Gold, respectively,in their VAP audit results. Achieving
these distinguished levels of recognition
demonstrates HP’s commitment to ensuringthat our own operations perform at thehighest levels.

“From our CEO to each person
supporting production in
Corvallis, we are committed
to operating our company in asustainable and just manner.
This Platinum score is areflection of the dedication andexecution of our RBA leadershipteam, internal auditors, contract
partners, and the hundreds ofworkers at this site.”
James Thom, Director MTO Corvallis
Operations and RBA Site Lead

Salient human rights issues
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

HP identifies and assesses human rights issues
in our supply chain, operations, and business
relationships as part of our company-wide due
diligence program. Consistent with the UNGPs,
we conduct human rights assessments to identify
potential human rights issues associated with ourbusiness. See Audits and assessments.
We consider human rights risks in our operations—related to our offices, manufacturing, anddistribution operations and the suppliers that
support them—that could cause or contributeto negative human rights impacts. We also
consider human rights risks associated with ourmanufacturing and nonmanufacturing suppliers
operating in their own facilities.
We prioritize our efforts by focusing on our salient
human rights issues, which are the rights at risk ofthe most severe potential or actual negative impact
through our activities or business relationships.
The perspective of risk to people, not the business,
is key for us in this process.

Risk assessment
Given HP’s large global footprint, prioritization is
critical to the effectiveness of our human rights
due diligence program. We prioritize risks basedon salience: the severity and likelihood of potential
and actual adverse impacts on stakeholders,
whether directly or indirectly. We work tocontinually improve our program by embedding
responsible business conduct, ceasing, preventing,or remedying impact, and reporting on progress.

72

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP conducts human rights risk assessments andimpact assessments to identify potential andactual adverse human rights impacts that HP may
cause or contribute to, or may be directly linked
to through a business relationship. In 2022, inpartnership with external human rights experts,
we completed our most comprehensive global
human rights risk assessment to date, including
a governance analysis. Our aim was to identify
our most salient human rights risks across ourvalue chain and to develop a roadmap to enhance
our overall human rights program. The analysis
spanned three distinct business lines (Personal
Systems, Print, and 3D Print) and their respective
upstream and downstream value chains, through alltiers. The process involved engaging with internal
stakeholders to understand their priority humanrights concerns, managing human rights risks
within HP, and identifying opportunities for buildingon HP’s human rights program and governance.
The process also included reviewing stakeholder
concerns across our industry by engaging withpotentially affected external stakeholders andcivil society organizations. Finally, the assessment
included reviewing policies and procedureswith reference both to proposed human rights
laws and to how our voluntary commitmentsalign to the UNGPs and the UN Sustainable
Development Goals.
In the fall of 2022, we received the project’s
final results, including a mapping and weightingof human rights risks by element of our value
chain and a prioritized list of recommendations
to ground long-term program initiatives andstrategy. The risks of forced labor, child labor,
disproportionate use of force by security workers,
discrimination, e-waste management, andproduct misuse were the salient human rights
risks identified. These findings are consistent
with broader industry risks, experience, andexpectations. Our mitigation efforts in 2022
focused primarily on forced labor and child labor,
and our work to address the remaining salientissues continues. We will report on these efforts infurther detail in the future.
We are encouraged by the human rights risk
assessment’s findings that reinforce ourstrengths, such as our robust Supply Chain
Responsibility program. We also welcome theopportunities highlighted for improvement, suchas enhancing our governance processes and more
fully incorporating human rights due diligencethroughout our business. We are committed
to continuous improvement, and the Human
Rights Team has already started acting on theassessment’s findings with a series of projects
and initiatives to address the recommendations,such as expanding our Human Rights Council andestablishing an internal, cross-functional workinglevel group to address human rights issues.
HP’s approach is continually evolving to accountfor known and emerging issues. Through ongoingstakeholder engagement with other experts, thefuture of work, end product use, ethical artificial
intelligence, and climate justice were someemerging issues identified that are relevant for
the technology sector.

Technology andhuman rights
Technology has the potential to improve thelives of people around the world. However, we
recognize that technology can also be used forunintended purposes or in contexts that create
adverse human rights impacts.
We sell PCs and printers to consumers,
businesses, and governments worldwide.
These products and technologies arewidely available in the market from HP
and its competitors. To avoid the misuseof our products and solutions, we comply
with relevant sanctions, restrictions, andembargoes imposed by national governments
or international organizations across ourworldwide operations. In all of our business, weprioritize the highest standards of corporate
ethics, and we operate in strict accordancewith all applicable laws and regulations. Whenothers make allegations linking our business toadverse human rights impacts, we investigate
the claims in line with our Human Rights Policy.

Access to remedy
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

73

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Consistent with the UNGPs, we are committed
to providing access to effective remedy andsupporting the remedy of any actual adverse
impacts that may be linked to us. We work withresponsible parties, encouraging them to assess
conditions and implement corrective actions. We
also seek to address adverse impacts, including bycollaborating with peers, partners, and suppliers oncollective remedy.

Grievance mechanisms
HP maintains a strong culture of open
communication and offers multiple channels forour employees and third parties, including workers
in our supply chain, to ask questions and reportconcerns directly to HP. These include an online
form, global in-country, 24-hour, toll-free phonelines with translation (available in 61 languages),text messaging (in the United States), mail, and inperson. We also offer anonymous reporting options
where allowed by law. We encourage anyone witha concern to speak up without fear of retaliation.
Multiple communication channels make it
convenient for employees and other stakeholders,such as business partners and suppliers, to ask
questions or report a concern to HP. Investigations
in response to grievances lodged are conducted in
a comprehensive, objective manner, and are freefrom commercial influences. All investigations
follow a process designed to ensure consistency
and fairness. The investigation process may involve
interviews, formal reporting, and recommendations
under the oversight of the Human Rights Team,

Communicating with stakeholders
external human rights experts, human resources,
legal, and relevant senior management. We do
not tolerate retaliation against those who reportconcerns, and we expect the same from ourbusiness partners. See Reporting concerns formore information.
Out of a total of 602 formal contacts received
through our operational grievance mechanism(which is open to everyone) during 2022, zero
were associated with modern slavery risk in ourown operations and three were associated withmodern slavery risk in our supply chain. These
were investigated in partnership with external
experts, and one supplier was found to have anonconformance related to an indicator of modern
slavery. Learn more about our efforts combating
modern slavery.
We collaborate to provide access to effective
remedy and monitor reported grievances,regardless of source, through to resolution.
For example, through our partnership with theIssara Institute, we conduct on-site outreach toraise awareness of available channels—workers
therefore have a greater ability to actually makeuse of grievance mechanisms. We also track
and assess allegations of potentially adverse
human rights impacts that are brought to ourattention outside of the formal grievance process,and take appropriate actions where allegations
are confirmed.

We value bilateral and multi-stakeholder dialogue
and engagement, including with human rights
experts and rightsholders, and partner directlywith groups based on their expertise. In 2022,
we engaged with multiple stakeholders to gain
additional insights into our efforts related to humanrights. We did this through communicating directlywith a variety of external human rights experts,
utilizing industry memberships, and participatingin human rights events with rightsholders. These
interactions inform our human rights strategy anddrive our work forward.
HP engages with internal and external stakeholders
about human rights topics through thefollowing channels:• Executive management and leadership updates,
including through the Human Rights Council• HP’s website• Articles on The Garage online magazine andsocial media posts• Corporate statements and disclosures• Public speaking events• Mandatory employee training on subjects such asprivacy and integrity• Employee resources such as human rights
websites, trainings, and tools• Worker voice and wellbeing surveys (both forour own employees and for workers in our
supply chain)

In October 2022, we launched a new stakeholder
engagement initiative to share information
about HP’s human rights efforts, as well as toreceive direct input from external experts andorganizations, including with affected stakeholders
and rightsholders, to enhance our human rights
due diligence approach.
We disseminate human rights information to our
suppliers through our supplier portal. The portal
enables our suppliers to access HP policies, theSCoC, and other relevant information. We also
set out our expectations in our SCoC and provide
various training modules designed to strengthen
supplier capability.

Strategic partnerships
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

We collaborate and partner with numerousorganizations and initiatives to drive progress bybroadening and expanding our impact, including:Bluenumber: A nonprofit corporation that develops
technological tools to facilitate data-driven humanrights due diligence. The technology enables direct
worker voice feedback to supplement information
on working conditions identified through social
audits. It also promotes “self-sovereign” digital
identity, digital equity, and worker-owned data.
Learn more about our collaboration.
Ceres: A nonprofit organization that works with
influential stakeholders, including investors,
companies, and nonprofits, to solve sustainability
challenges. In 2022, we worked with Ceres tocreate a custom framework tool based on HP’s
Sustainable Impact pillars. This framework includes
indicators to assess HP’s progress and guide
future disclosures.
Clean Electronics Production Network (CEPN):,
We participate with CEPN’s diverse stakeholders
to understand, address, and eliminate workers’
exposure to toxic chemicals in the electronics
supply chain. CEPN is part of Green America’s
Center for Sustainability Solutions. Learn more.
Issara Institute: An NGO that tackles issues ofhuman trafficking and forced labor through worker
voice initiatives in collaboration with corporate
partners. Issara’s team of anti-trafficking experts
allies with the private sector, civil society, andgovernments to address labor issues in global
supply chains. See Combating modern slavery
for details of our collaboration.

74

Leadership Group for Responsible Recruitment(LGRR): Developed by the Institute for Human
Rights and Business, LGRR is a company-led,collaborative effort with expert organizations
dedicated to eradicating worker-paid fees.
HP, along with all LGRR members, is publicly
committed to the Employer Pays Principle and its
implementation throughout our supply chain.
The Mekong Club: A nonprofit organization
dedicated to creating sustainable practices
to address modern slavery across the globe.
As a member, HP enjoys access to a range ofbenefits, including anti-slavery tools, resources,
and consultations. We also participate in various
working groups, collaborating with other brands
on joint initiatives that address modern slavery.

Responsible Minerals Initiative (RMI): HP wasa founding member of RMI and continues to be
actively involved. This initiative works to support
responsible mineral sourcing globally by providing
tools and resources to companies that improve
regulatory compliance, align with international
standards, and support industry and stakeholder
expectations. Learn more about our efforts
with RMI.
Survivor Alliance: A nonprofit that empowers
survivors of modern slavery and human trafficking
to become leaders in the anti-slavery movement.
In 2022, we worked with Survivor Alliance todevelop company-wide employee training on
modern slavery.

NextWave Plastics: A consortium of multinational
technology and consumer brands that aims
to rapidly decrease the volume of plastic litter
entering the ocean by collaboratively andtransparently developing the first global network ofocean-bound plastic supply chains.
Responsible Business Alliance (RBA): A multiindustry initiative focused on the respect andpromotion of worker rights. We serve on thesteering committee of the RBA’s Responsible
Labor Initiative (RLI), helping create practices andprograms that advance the RBA Code of Conduct
and the capabilities of RBA’s member suppliers. We
also collaborate to transform recruitment markets,provide more effective and timely remedy andengagement with affected parties, and reduce therisk of forced labor in recruitment and employment.

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

NextWave Plastics

Truckers Against Trafficking (TAT): An NGO that
educates and mobilizes drivers in the trucking andbusing industries in the United States to identify
and report potential human trafficking situations
via the National Human Trafficking Hotline. These
efforts have led to a significant increase in reports.
HP has been a Gold Level Sponsor since 2016 and
we encourage our logistics providers to promote
TAT training. We are one of the few shippers thatparticipate directly, and the only technology
company to do so. Learn more.
Verité: A nonprofit that provides knowledge andtools designed to help address supply chain laborand human rights abuses. In 2022, we worked with
Verité to develop employee training on modern
slavery, with a focus on indicators of forced laborthroughout the value chain.

Introduction

Supply chain
workers

Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix752022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP relies on one of the IT industry’s largest
supply chains, made up of hundreds ofproduction suppliers and thousands ofnonproduction suppliers.10 Ranging frommultinational enterprises to small firms, andoperating in countries around the globe,
these suppliers provide us with materials,
components, and assembly for our products,
shipping and delivery to our customers, and awide variety of other goods and services.
We strive for an ethical, sustainable, andresilient supply chain to protect the people
making our products, safeguard our businessand brand, strengthen customer relationships,
and create opportunities to innovate. To
empower the workers in our supply chain, weinvest in initiatives that increase knowledge,
skills, and access to new opportunities.

Approach
We require that all workers in HP’s supply chain
receive fair treatment, freely chosen employment,
and safe working conditions. HP’s Supplier Codeof Conduct (SCoC) incorporates international
labor and human rights principles and is alignedwith the Responsible Business Alliance (RBA)
Code of Conduct. The SCoC requires suppliers(and their suppliers) to acknowledge andimplement it. Contracted suppliers must adopt
a management system that includes monitoring
supplier compliance with the SCoC. Learn more
about our SCoC and other human rights–related
policies. Suppliers representing 95% of HP’s total
production supplier spend have gone through asocial and environmental assessment.

Transparency
From PCs to printers, HP’s unique products
require a vast network of suppliers and partners
spanning six continents and over 40 countries
and territories. We have approximately 900
manufacturing suppliers and several thousand
nonmanufacturing suppliers that provide goods
and services in support of our operations. We
were the first IT company to disclose a list of our
suppliers. Our supplier list includes the names andlocations of the suppliers that represent 95% of
our production supplier spend.
In addition to this report, we disclose information
about our supply chain responsibility andhuman rights performance through our annual
SEC Conflict Minerals Report, Modern Slavery
Transparency Statement, Report on Cobalt, andother human rights–related voluntary disclosures.
We also provide tailored supply chain responsibility
information to our customers and channel partners
to help them achieve their sustainability and humanrights goals.

Supplier Sustainable Impact
Scorecard
Our Supplier Sustainable Impact Scorecard(Scorecard) is intended to set expectations anddrive improved performance through consistent,
comprehensive, and actionable feedback. This tool
provides suppliers with a score that encompasses
audit performance; environmental and humanrights governance, transparency, goal setting, andperformance; conflict minerals management; andother social and environmental topics. Results
are summarized across multiple dimensions andcontribute to a supplier’s overall procurementscore, which impacts the supplier’s relationshipwith HP and ongoing business. Suppliers discuss
their Scorecard with HP as part of regular businessperformance evaluations throughout the year,
and receive additional points if they demonstratesustained improvement.
Revised periodically to reflect HP’s increased
expectations and emerging regulations, theScorecard process encourages continuous
supplier improvement. During 2022, averagescores for final assembly suppliers increasedby 3 percentage points compared to 2021, andaverage scores for commodity suppliers remained
the same. Sustainable Impact Scorecards applied
to suppliers representing 61% of our production
spend. Leaders within our supply chain operations
team are briefed on suppliers’ Scorecard results.
See Data for full results.

Worker rights
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

We continually deepen our understanding of thesocial and economic factors that lead to labor
concerns, and focus on areas of risk where we
can have the most influence. We collaborate withorganizations and government agencies with local
expertise to promote long-term, scalable solutions.
Our primary focus areas are preventing forcedlabor and protecting workers’ rights.
We communicate openly with workers andmanagement in our supply chain to identify andunderstand workers’ questions, concerns, andpriorities. We train our procurement teams, suppliermanagers, and other employees to be vigilant andreport instances of practices that may not meet
our standards. In 2022, we continued to prioritizebuilding additional communication channels tocollect more extensive worker feedback that will
inform future human rights programming. Learn
about our capability-building efforts.

Worker empowerment
HP is building upon our existing human rights
compliance model with deeper engagement andpartnership with our suppliers and their workers.
This involves further incorporating suppliers andtheir workers into our systems, and continuing
to drive dignity and respect for every individual
across our value chain. In partnership with our
suppliers, HP has improved upon existing systems
and environments that enable worker wellbeing,
support opportunity for advancement, elevate
worker voice, and promote workers’ agency
regarding their choices and careers.

762022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Our worker-centric approach is designed toensure workers are aware of their fundamental
human rights, and move toward developing
work and life skills which enable them to pursue

wider career options as well as higher quality oflife and wellbeing. This approach is intended tocontribute to increased commitment, self-esteem,
confidence, and job satisfaction of those making
our products.
It is also important that our suppliers understandand uphold HP’s human rights expectations andcommitments, and cascade these high standards
to their own suppliers. In addition to meeting HP’s
expectations, this may also result in reduced
turnover rates, as well as improved communicationand productivity at the supplier.

We will reach one million workers througha combination of HP and supplier worker
empowerment programs, deployed, assessed, andstewarded over time. These efforts will highlightthe stories of workers and appropriately reflect
the complexity of HP’s global supply chain and thepeople who work within it. HP will continue to add
innovative worker empowerment programs anddrive business progress toward the UN Sustainable
Development Goals.

Reach one million workers through worker
empowerment programs by 2030, since thebeginning of 201511
Progress in 2022
Through 2022, we reached 396,000 workers.

Million Makers

HP worker empowerment scope

Wellbeing2030 goal

Voice

Workers have knowledge of their rights
and the procedures that enable physicalsafety and mental health in the workplace.

Workers have their voices heard andconsidered, with access to legitimate,predictable, equitable, transparent, andrights-compatible grievance mechanisms witha dialogue that is culturally appropriate.

AgencyOpportunity

Workers have the ability to makechoices about their work and career andto act on those choices.

Workers have the opportunity to improve
professional and personal skills to enable
their advancement.

In 2022, HP piloted the Million Makers
Program (Million Makers), to elevate worker
voice and respond to any concerns raised.
Million Makers is the result of our partnershipwith Bluenumber and a cohort of othernonprofit organizations with the goal ofaddressing the potential risk of forced laborthrough the use of advanced risk-sensing
technologies. Bluenumber enables workers
to own, manage, and benefit from their digital
identity. Using this technology, Bluenumber
gathers verifiable data directly from workers
about their working conditions, specificallyforced labor, in compliance with local law.
Workers respond to surveys using their own
unique identifier, and the data received byBluenumber is aggregated and analyzed
by a cohort of human rights specialists
including The Mekong Club, Be Slavery
Free and Unseen UK. The cohort assists us
to address any identified risk trends andprovides ongoing advisory services to HP,
including a report summarizing findings
and recommendations.

Capability building
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

772022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

In collaboration with NGO partners and otherexternal organizations, we provide programs
designed to help suppliers continually improve
along their sustainability journeys. These efforts
reached 46,000 workers through capability-building
programs in areas such as worker wellbeing, rights
and responsibilities, and environmental, health,and safety (EHS) awareness. This included morethan 4,200 employees at customer support–related
and other nonproduction suppliers who completed
training on the HP SCoC.
During 2022, we conducted several capabilitybuilding training programs, including:• RBA Code of Conduct training, delivered to supply
chain and global infrastructure partners, reaching
38,000 workers. The training was designed toensure that workers understand their rights
and managers their responsibilities, and thatnecessary management systems are in place.
• Rights and Responsibilities training, delivered
through a digital learning platform in partnershipwith Quizrr, reached 6,900 workers during theyear. Since its launch in 2021, this initiative hasdelivered interactive and engaging learning
solutions for factory workers of suppliers locatedin China and Thailand.

• The HP Worker Wellbeing Survey, launchedin 2022, helps to inform our understanding ofworkers in our supply chain and improve ourcollaborations with suppliers to deliver betterworking environments. The survey focuses on
three primary areas: career progression andworker motivation, worker mental and physicalhealth, and general engagement levels, suchas worker satisfaction. We conducted the pilot
survey in China with around 450 workers andplan to scale it to other countries and sites in
2023. The results of this survey will inform ourworker empowerment programs and assist us
in prioritizing our initiatives.
• Forced labor training, delivered in collaboration
with Intel, Hewlett Packard Enterprise, Western
Digital, and Seagate to 700 workers, designed tohelp suppliers understand the manifestationsof forced labor in the electronics industry. It
also provided an update on RBA standards
and requirements and international legal
standards on forced labor. Finally, it provided an
exploration of the key principles and approaches
to developing an effective forced labor
remediation plan.

Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

782022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Combating modern slavery12
As part of our commitment to addressing modern
slavery, we start with our own operations andsuppliers while striving to collaborate more broadly
in ways that drive positive change. Modern slavery
can manifest itself in multiple ways, including
through debt bondage, forced labor, and humantrafficking. In our Modern Slavery Transparency
Statement, we discuss our efforts to address
modern slavery during the fiscal year ended
October 31, 2022.
Where significant risks are identified, we work with
suppliers and partners to address challenges andenact risk-mitigation plans. In 2022, six suppliers,
located in Singapore, Malaysia, and Taiwan, were
found to have nonconformances associated withindicators of modern slavery with regard to foreign
migrant workers. Four suppliers charged fees
prohibited by our SCoC and Supply Chain Foreign
Migrant Worker Standard, including recruitment,
travel, medical, and accommodation fees. One
supplier withheld passports and one month ofworkers’ wages, also in violation of the SCoC andthe Supply Chain Foreign Migrant Worker Standard.
A final supplier was found to have required forced
overtime for security workers. In partnership with
the RBA, we immediately addressed the issues
in accordance with the policies and procedures
laid out above by requiring the supplier to stop theprohibited practices, revise their policies for hiring
foreign migrant workers (including confirmingthat workers will not pay fees going forward), andcommunicate the revised policies to their workers.
Once suppliers confirm they have completed
the requested corrective action, an onsite visit isscheduled to verify. As part of the investigation
and remediation process, there is third party

verification of the total number of workers
impacted, as well as the amount and types of fees
they paid. HP and the RBA worked with the suppliers
to provide remedy to the workers. As a part ofaddressing immediate priority findings, HP has
confirmed remedy to more than 200 workers in our
supply chain, including approximately US$0.8 million
in fee repayments in 2022. Since 2018, HP has
confirmed remedy to nearly 9,000 workers including
over US$4 million in supplier repayments.
In addressing the risk of modern slavery, we focus
primarily on engagement with suppliers with whom
we have a direct contractual relationship. We havemulti-year agreements in place with many of our
suppliers. This allows us the opportunity to build
supplier awareness and capability to meet our
supply chain responsibility expectations, including
the implementation of and adherence to policies
and processes to address the risk of modern
slavery. These agreements require in turn that
our suppliers mirror our expectations with their
upstream suppliers.
The HP Supplier Sustainable Impact Scorecard
is used to measure and incentivize supplierperformance on a range of factors including audit
results and other performance metrics. Revised
periodically to reflect HP’s increased expectations,
the Scorecard process encourages continuous
supplier improvement. Learn more about our
Scorecard. Suppliers who have exceptional
performance in these areas realize a benefit intheir commercial relationship with HP. Leaders
within our supply chain operations team are briefed
on suppliers’ Scorecard results. The Scorecard
evaluation process takes place regularly
throughout the year.

As an example of our programs in this area, in
2019, we launched a partnership with Issara
Institute, a nonprofit organization that helps tackle
issues related to human trafficking and forcedlabor, to support the monitoring of recruitment
processes at HP suppliers in Myanmar. In 2021,
we focused on worker voice, benefiting from
Issara’s expertise to help understand and address
worker concerns and improve factory worker–
management communication as we continued toaddress border closures due to COVID-19. Our
partnership continued into 2022, during which
we prioritized worker voice and rightsholder
engagement, helping us to better understandand address worker concerns with regards toworking conditions, recruiting experience, andfactory worker–management communication.
Issara’s partnership also includes monitoring therecruitment processes in the Myanmar–Thailand
corridor as the border reopens.
To support and advance supplier due diligence,in collaboration with the Responsible Labor
Initiative, we sponsor a two-part forced labor
training program, which aims to help suppliers
understand the current manifestations of forcedlabor indicators in the electronics industry andraise understanding about emerging standards andrequirements following the pandemic. The training
also defines the key principles and approaches toforced labor remediation, as well as the importanceof ensuring effective remediation for violations ofrecruitment fees standards.

Process chemicals
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

As part of our commitment to respecting
human rights, we engage with our suppliers tostrengthen knowledge and best practices in healthand safety. We take a science-based approachto assessing the potential human health andenvironmental impacts of substances used in
making HP products.
In 2022, we continued to focus on implementationof a comprehensive worker safety strategy toaddress process chemicals. Suppliers are required
to follow the manufacturing process chemical use
restrictions outlined in HP’s General Specification
for the Environment (GSE). Additionally, our SCoC
requires suppliers to employ robust management
systems to catalog and evaluate process
chemicals, eliminate or manage hazardous
substances, demonstrate that analyses of safer
alternatives were conducted when a hazardous
chemical is being used, and provide workers withessential personal protective equipment andtraining. We gather data from our suppliers aboutprocess chemicals and implement corrective
actions as needed.
We encourage suppliers to switch to safer
choices, such as changing from solvent-based
to water-based paints. In situations where
the use of hazardous chemicals is currently
unavoidable, we help suppliers identify preferable
alternatives through our alternative materials
assessment program.

79

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

To drive progress across the industry, we are afounding member of the CEPN, facilitated by the
NGO Green America. This collaborative, multistakeholder effort developed a program to assessthe use of process chemicals, strengthen theculture of worker safety and engagement, reduce
worker exposure to identified priority process
chemicals, substitute those chemicals with safer
alternatives within manufacturing processes, andultimately reach deeper into supply chains.

Process Chemicals Data Collection Tool
Many facilities in our supply chain have alreadycollected data on process chemicals use with
the Process Chemicals Data Collection Tool.
Data reported includes chemical productingredients, percentage composition, use andcontrols, and hazard identification. We haveworked with suppliers to assess hazards using
the GreenScreen® for Safer Chemicals and toswitch to safer alternatives where necessary.

Worker engagement and participation
The commitments toward elimination andsubstitution of priority chemical substances havebeen communicated to the workers. In addition,
several facilities have also established safetycommittees at various maturity levels to create
opportunities for workers to engage in promoting
workplace safety related to chemical managementthat involves around 19,000 workers in production.

Improving supply
chains together
In early 2021, we committed to taking collective
action to protect workers in our global supply
chain from exposure to hazardous process
chemicals as one of the three Founding
Signatories of CEPN’s Toward Zero Exposure
program, which has been developed withsustainability and social responsibility
leaders—including HP. Through the program,
electronics brands and suppliers commit toaligned, structured, long-term practices that willprotect workers throughout the manufacturing

process from exposure to potentiallyhazardous chemicals.
In 2022, progress included directly removing
exposure to certain hazardous chemicals andimpacting how global organizations measure,track, and communicate about process
chemicals. See CEPN’s Toward Zero Exposure
report for more information.
In 2023 companies will continue to focus
on eliminating or substituting the firstnine priority chemicals, collecting data on
use of manufacturing process chemicals,and expanding worker engagement
and participation.

Supplier monitoring and evaluation
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

We monitor and evaluate our suppliers in multiple
ways to understand performance, identify andaddress issues, and drive ongoing progress.
• The supplier Self-Assessment Questionnaire(SAQ): We conduct SAQs which include detailed
questions around social and environmental
management and practices and is based on our
SCoC. Learn more.
• Coaching, specialized training, datacollection, and ongoing dialogue: Using thesemechanisms, we engage with suppliers to help
them develop and maintain robust management
systems to address root causes of key risks andchallenges. Learn more.
• KPI monitoring program: We collect datafrom high-risk supplier sites weekly on key
issues such as working hours, day of rest,and student workers. This data supports our
supplier collaboration efforts to drive ongoing
improvement. See results.
• KPI validation assessments: These
assessments help verify data collected as a partof our KPI monitoring program.
• Supplier audits: Our supplier audits measureconformance with all provisions of the HP SCoC in
the areas of labor, health and safety, environment,
ethics, and management systems. Learn more.
• Specialized assessments: We conduct targeted
supplier specialized assessments to supplement
our comprehensive audits. These assessments
are risk-based, focusing on topics such as foreign
migrant workers and student workers. Learn more.

802022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact• Health and safety assessments: These
assessments focus on identifying potential
health and safety risks, such as occupationalsafety and emergency preparedness and control
of flammables.
• Onboarding assessments: Using our SCoC as
the foundation, this simplified assessment for
new suppliers or supplier sites helps identify
potential risks for what HP considers themost important areas of the SCoC. This initialassessment helps prevent overwhelm for new orsmaller suppliers, and aims to build their maturity
and prepare them for future full audits.
• Vulnerable worker group (student and foreign
migrant worker) assessments: This deep-diveassessment focuses on student and foreign
migrant workers, who are vulnerable worker
groups in the supply chain, and pinpoints potential
risks during the recruitment, employment, andrepatriation of workers.
• Priority screening assessments: This focused
assessment is a subset of a full RBA audit that
focuses on what HP considers to be the highpriority risks, such as freely chosen employment,
occupational safety, and hazardous substances.

Suppliers
representing
95%
of HP’s total production supplierspend have gone through a social andenvironmental assessment.

Audit and assessment results
In 2022, we completed 303 audits of production
suppliers, product reuse and recycling vendors,
and nonproduction suppliers, as well as 14 otherassessments of production suppliers. Travel andfactory restrictions, as well as office closuresrelated to COVID-19, decreased our ability to
conduct these activities. During the year, 76%
of production supplier audits were third party–
certified RBA VAP audits.

We see a wide range of maturity levels in our
audits, which are scored on a scale of 0–200. In the
RBA Factory Lead Certification Program, supplierswith scores from 160 to 180 are eligible for a Silver
certification, and those with scores above 180
for a Gold certification (including 34% of supplierfacilities audited in 2022).

Sustainability audits, 2022*

Initial audits (initial
evaluations ofconformance)

Follow-up audits(addressing
nonconformances
identified in any
corrective action plans)

Full re-audits(comprehensive
reassessments)

49

46

70

Product transportation suppliers

10

0

0

Product reuse and recycling vendors

20

0

31

Suppliers supporting HP manufacturing(on HP premises)

24

0

0

Suppliers supporting HP offices (on HP
premises)400Service suppliers (on third-party premises)

45

1

0

HP manufacturing sites

2

0

1

HP offices

0

0

0

Product supply chain
Production suppliers

Nonproduction suppliers

HP operations* Audits of production suppliers and suppliers supporting HP manufacturing followed the RBA Code of Conduct either 6.0 or 7.0 (released
during 2021) audit protocols. We contract with Environmental Resources Management (ERM) to audit product reuse and recycling
vendors for conformance with the following policies and vendor standards: Export of Electronic Waste to Developing Countries Policy,
HP Supplier Code of Conduct, and HP reuse and recycling standards. See Product repair, reuse, and recycling for detail. Audits ofnonproduction suppliers supporting HP offices, off-site third-party nonproduction suppliers, and HP offices were focused on labor, ethics,
and management systems.

Introduction
Sustainable Impact

Production supplier specialized
assessments, 2022
Health and safety assessments

1

Onboarding assessments

4

Sustainable Impact goals

Vulnerable worker group (student and foreign
migrant worker) assessments

3

Advancing diversity in our
supply chain

KPI validation assessments

5

Priority screening assessments

1

Climate Action
Human Rights

Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion

Distribution of nonconformances and findings
by section of HP Supplier Code of Conduct, 2022*
percentage of total

Distribution of scores of initial audits
and full re-audits*

100%

Data
Digital Equity and philanthropy

50%

32% Labour

Integrity

33% Health and safety

Appendix

18% Management systems
2020

2021

2022

3% Ethics>160
100–160<100* Data is from initial audits and full re-audits ofproduction suppliers.

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

From 2020 to 2022, the percentage of production
supplier initial audits and full re-audits that scoredabove 160 decreased from 51% to 49%. The
average score during that period decreased from
151 to 137. Thirty-one audits during 2022 were of
final assembly supplier sites. Of these, 55% scoredover 160, 26% scored between 100 and 160, and
19% scored under 100. The other 88 audits during2022 were of commodity supplier sites. Of these,
47% scored over 160, 34% scored between 100 and
160, and 19% scored under 100.

14% Environmental
0%81Overall, two-year average audit scores havedecreased, driven by the integration of new
suppliers and their initial audit scores. Advancing
social and environmental standards and enhancing
capabilities across our supplier base is complex
and requires long-term commitment. As we
expand our human rights due diligence programand efforts throughout our supply chain, we willcontinue to work closely with new suppliers toadvance their supplier responsibility programs.

* Includes immediate priority findings, nonimmediate priority
nonconformances, and major nonconformances identified. Datais from initial audits and full re-audits of production suppliers
conducted in 2022. Due to our two-year audit cycle and changes
to HP’s supplier base, data typically does not represent the same
supplier sites as the previous year.

Immediate priority findings
Immediate priority findings13 are the most serious
type of direct supplier nonconformance, andrequire immediate action. In 2022, we identified
12 immediate priority findings, equivalent to 0.1
findings on average for each initial audit andfull re-audit of production suppliers conducted.
There were three issues related to the charging ofrecruitment fees, one related to forced overtime,
one related to fire detection, and seven related tofire exits. We required the issues to be immediately
addressed, and are working with the suppliers tocomplete remediation and implement corrective
actions to adjust their management systems.

Other findings
In 2022, audited suppliers showed no major
nonconformances for child labor risks. During
the year, 119 initial audits and full re-audits ofproduction suppliers conducted identified 1,046
other priority and major nonconformances,equivalent to 8.8 per audit on average.14 Six
provisions (see table on the next page) out
of 45 total represented 52% of all major
nonconformances identified. We focus on theseand other areas that have the greatest potential
for improvement.
HP requires suppliers to provide a detailed
corrective action plan addressing all identified
nonconformances within 30 days of receipt of
the site audit report (except immediate priority
findings, which are addressed expeditiously), andhas processes in place to monitor progress andsubsequent closure of nonconformances. For
details, see the RBA VAP Operations Manual andSupply chain responsibility: Our approach.

Introduction
Sustainable Impact

Issues with lowest rates of conformance of sites audited, 2020 and 2022*
Issue

Climate Action
Human Rights

Working hours

Rate ofconformance
2020**
19%

Rate of HP’s approach
conformance
2022**
34%

Sustainable Impact goals
Advancing diversity in our
supply chain

Among suppliers in our KPI program (80 at the end of 2022, representing approximately 85,100 workers), 96% met ourrequirements related to working hours in 2022, compared to 95% in 2021.*** This increase demonstrated the abilityof KPI program members to effectively manage this issue in the context of changing production demands duringcontinuing challenges.

Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data

Emergency
preparedness

57%

48% Nonconformances include items such as blocked exit doors, missing or poorly lit exit signs, lack of fire exit instructions, andmissing or defective emergency equipment. Most can be quickly remedied, while some take longer, such as replacing all fireexit doors. We supplement our audits with specific health and safety assessments.

Occupationalsafety62%

56% Nonconformances related primarily to current safety permits and first aid response reporting. Suppliers must have tracking
mechanisms and keep documentation of remediation and compensation provided to workers involved in an incident. A
supplier with a nonconformance must also prove that training has been conducted, or will be conducted within 180 days.

Wages andbenefits

53%

59%

Supplier
responsibility

77%

67% Suppliers must communicate RBA Code of Conduct requirements to the next-tier of suppliers and have adequate andeffective processes to ensure that major next tier suppliers implement the Code. Corrective actions include establishingproper procedures to communicate requirements and ensuring that major next-tier suppliers implement the Code.

Hazardous
substances

77%

70% Suppliers must properly label and store all hazardous substances in their facilities. Corrective actions may include
development of inventory management systems, maintaining a list of approved chemicals, use of auditor-verified vendors,
and education on legal restrictions related to material use. During 2022, we continued to work directly with suppliers that had
nonconformances in this area to help them fully understand our requirements and resolve the issues. We also committed to
the Toward Zero Exposure program in collaboration with CEPN in 2021. Through the program, electronics brands and supplierscommit to aligned, structured, long-term practices that protect workers throughout the manufacturing process from exposure
to potentially hazardous chemicals. See Process chemicals.

Digital Equity and philanthropy
Integrity
Appendix822022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Excessive working hours remains the most pressing labor challenge in our supply chain, especially around times of peak
production and labor shortages. Workers often voluntarily work long hours to earn more money, and suppliers may lackeffective management systems in this area.

In countries without a set minimum wage, the industry prevailing wage applies. The most common issue in wages andbenefits is suppliers not paying appropriate social insurance. Examples of corrective actions related to wages andbenefits include maintaining documentation of pay stubs and employer contributions to worker insurance schemes, andworker communication.

*

Data is from initial audits and full re-audits of production
suppliers conducted in 2020 and 2022. Due to our twoyear audit cycle and changes to HP’s supplier base, datatypically does not represent the same supplier sites as theprevious cycle.
** Percentage of sites with no immediate priority findings,
nonimmediate priority nonconformances, or major
nonconformances identified.
*** The HP KPI program measures the performance of HP
production lines at participating supplier facilities, and not
the overall performance of those facilities. In contrast, initialaudits and full re-audits assess the overall performance of
supplier facilities where other brands in addition to HP may
also manufacture products.

Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain

Rates of conformance of sites audited, 2020 and 2022*
Rate of conformance ofsites audited, 2020**

Rate of conformance ofsites audited, 2022**

Ethics

99%

97%

84%

Business integrity

98%

97%

89%

No improper advantage

100%

96%

Rate of conformance ofsites audited, 2020**

Rate of conformance ofsites audited, 2022**

Labor

84%

82%

Freely chosen employment management systems

91%

Risk of forced labor91%

HP Supplier Code of Conduct section/provision

HP Supplier Code of Conduct section/provision

Young worker protection management systems

98%

91%

Disclosure of information

100%

95%

Governance andaccountability

Risk of child labor

100%

100%

Intellectual property

100%

98%

Working hours

19%

34%

Fair business, advertising, and competition

100%

98%

Human rights due diligence

Wages and benefits

53%

59%

Protection of identity and nonretaliation

100%

97%

Supply chain workers

Humane treatment

100%

94%

Responsible sourcing of minerals

100%

95%

Responsible minerals
sourcing

Nondiscrimination management systems

96%

81%

Privacy

100%

99%

Our employees

Risk of discriminatory practices

96%

97%

Management systems

95%

89%

Diversity, equity, andinclusion

Freedom of association

98%

89%

Company commitment

98%

97%

Health and safety

81%

77%

Management accountability and responsibility

96%

90%

Data

Occupational safety

62%

56%

Legal and customer requirements

94%

88%

Digital Equity and philanthropy

Emergency preparedness

57%

48%

Risk assessment and risk management

94%

90%

Integrity

Occupational injury and illness

74%

79%

Performance objectives with implementation plan and measures

94%

85%

Appendix

Industrial hygiene

85%

87%

Training

96%

94%

Physically demanding work

100%

92%

Communication

98%

92%

Machine safeguarding

96%

83%

Worker feedback and participation

100%

92%

Dormitory and canteen

75%

74%

Audits and assessments

96%

85%

Health and safety communication

100%

95%

Corrective action process

96%

92%

Environmental

94%

85%

Documentation and records

100%

97%

Environmental permits and reporting

94%

87%

Supplier responsibility

77%

67%

Pollution prevention and resource reduction

100%

92%

* Data is from initial audits and full re-audits of production suppliers conducted in 2020 and 2022. Due to our two-year audit cycle andchanges to HP’s supplier base, data typically does not represent the same supplier sites as the previous cycle.
** Percentage of sites with no immediate priority findings, nonimmediate priority nonconformances, or major nonconformances identified.
Data refers to the RBA Code of Conduct 6.0 or 7.0 (released during 2021).

83

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Hazardous substances

77%

70%

Wastewater and solid waste

92%

89%

Air emissions

98%

84%

Storm water management

98%

87%

Energy consumption and GHG emissions

98%

88%

Introduction
Sustainable Impact
Climate Action

Responsible
mineralssourcing

Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

We have adopted industry-leading policies andmonitoring practices related to the responsible
sourcing of minerals and are broadening ourvigilance beyond conflict minerals to a wider
range of minerals and geographies. Throughcollaborative efforts, we aim to expand themarket for responsibly sourced minerals,
including those originating from conflictaffected and high-risk areas (CAHRAs).

Conflict minerals

Any connection between the materials used in
HP products and armed violence or human rights
abuses is unacceptable. Across our complex,
global, multi-actor supply chain, we have the mostinfluence over our direct suppliers. However, in thecase of trace and precious minerals, we recognizethat we must work to influence the practices of
those much deeper in the supply chain.

Approach
While conflict minerals are rarely used in large
volumes in any one IT product or by one company,
the tantalum, tin, tungsten, and gold (3TG) produced
from them are found in relatively small amounts in
virtually all electronic products. We are typically
4–10 supply chain stages removed from thesmelters that purchase the ores and process theminto metals. For this reason, HP works with peers
across the IT industry to collectively engage theentire supply chain in efforts to eradicate minerals
that may have directly or indirectly supported
armed groups, and to promote responsible
sourcing of minerals regardless of origin.
HP supports retention of the U.S. conflict minerals
reporting framework as an economic driver for
smelters to responsibly source minerals in the
Democratic Republic of the Congo (DRC) andsurrounding countries. In the EU, we support the
Conflict Minerals Regulation, which appropriately
focuses on responsible smelter sourcing
regardless of country of mineral origin, including
CAHRAs worldwide.

84

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

15

We do not support de facto embargoes of minerals
from the DRC and adjoining countries, or fromother conflict-affected regions. We believe it ismore effective to use our leverage (independently
as well as through cross-industry collaborations)to address issues and promote positive change.
This helps to protect people in those regions while
maintaining their economic opportunities. We are
actively involved in the RMI and support its efforts
to engage with government stakeholders.

Eliminating conflict-relatedrisks from our supply chain
Promoting best practices by smelters is the mostdirect way to address the risk of conflict minerals
entering our supply chain. We require our suppliers
to source 3TG for HP products only from smeltersthat comply with the RMI’s Responsible Minerals
Assurance Process (RMAP), which requires athird-party sourcing audit. Presence on the RMI
conformant list demonstrates a smelter’s conflictfree status.
We designed our due diligence measures toconform with applicable portions of the OECD
Due Diligence Guidance for Responsible Supply
Chains of Minerals from Conflict-Affected andHigh-Risk Areas (Third Edition, OECD 2016) and therelated Supplements, which is an internationallyrecognized due diligence framework. The designof these measures took into account HP’s
downstream position in the minerals supply chain,
the OECD recommendations for downstream
actors that have no direct relationships tosmelters or refiners, and the use of independent
assessment programs to provide information
about smelters or refiners.

Our relatively small use of these metals decreases
our influence, so we encourage all industries that
use these materials to demand conflict-free 3TG.
We will continue to work with our suppliers andindustry groups to drive demand for conflict-freesourcing, regardless of whether the minerals
originate in the DRC or elsewhere.
We promote conflict-free minerals in our supply
chain by:
• Requiring our production suppliers of goods
containing 3TG (“3TG suppliers”) to require theirsmelters to undergo third-party sourcing audits
and use only smelters that are RMAP conformant• Encouraging all smelters that purchase andprocess mineral ores to undergo third-party
sourcing audits• Supporting multi-stakeholder collaboration toestablish secure, conflict-free sources of 3TGores from the DRC

Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

Suppliers

Performance

HP sets clear requirements of 3TG suppliersin our Supply Chain Social and Environmental
Responsibility Policy (which includes our Conflict
Minerals Policy), GSE, and SCoC.

In 2022, we received acceptable responses
to RMI Conflict Minerals Reporting Templates
from suppliers representing about 99% of our
3TG procurement spend, including both final
assembly and commodity suppliers. These
responses detailed 263 3TG facilities, greater than
94% of which were compliant or in the processof becoming compliant with an independent
assessment program, and/or we reasonably
believe exclusively source conflict minerals fromrecycled or scrap sources or from outside of the
Covered Countries (as of March 2023).

We assess these suppliers’ responses to the
RMI Conflict Minerals Reporting Template, which
gives companies a common format for sharing
information about 3TG sources with business
partners and suppliers across the supply chain.
We require corrective action from suppliers where
needed, and provide them with training uponrequest. If any 3TG supplier reports sourcing froma smelter that triggers one of our potential risk
indicators, we work with the supplier to establish
whether unverified material is potentially usedin HP products. When we identify a risk of thisoccurring, we require the supplier to remove thesmelter from our supply chain. If a supplier isnonresponsive, we use our procurement leverage
to engage the supplier and improve performance.

Smelters
To identify and disclose the smelters and refiners inour supply chain, between January and December
2022 HP surveyed suppliers that contributed
material, components, or manufacturing for
products containing 3TG. Each smelter or refinerreported was identified in at least one of the RMI
Conflict Minerals Reporting Templates we received.

852022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

U.S. Securities and Exchange
Commission (SEC) Conflict
Minerals Report
In May 2023, we filed our Form SD and Conflict
Minerals Report with the U.S. SEC, disclosing
our due diligence efforts and results. See our
SEC Conflict Minerals Report.

Progress toward DRC conflict-free, 2022

Total

Progress toward
DRC conflictfree*

Percentage

Tantalum

33

33

100%

Tin

76

67

88%

Type of facility

Tungsten

42

38

90%

Gold

112

110

98%

Total

263

248

94%

* Number of total 3TG facilities in HP Conflict Minerals Report 3TG facility list that were either RMAP compliant or in process of becoming
compliant, and/or that we reasonably believe exclusively source conflict minerals from recycled or scrap sources or from outside of the
Covered Countries (as of March 2022).

Status of all supplier-reported 3TG facilities*
2020

2021

Unknown1

6

15

Believed to source recycled/scrap or from outside of the Covered
Countries

2

9

18

247

252

230

Compliant or in process**2022* As of March 2023.
** Smelters or refiners listed by RMI as currently RMAP compliant (including certification or accreditation by similar independent
assessment programs cross-recognized by RMAP, such as the Responsible Jewellery Council’s Chain of Custody certification programor the London Bullion Market Association’s Responsible Gold Guidance) or in the process of becoming RMAP compliant.

Multi-stakeholder initiatives
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

862022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Sourcing minerals responsibly requires globally
coordinated efforts across sectors and industries.
We collaborate widely with businesses, NGOs,
government agencies, and our production
suppliers to advance the use of responsibly
sourced minerals.
Through RMI, we help develop and share due
diligence standards, tools, trainings, and white
papers to build the capabilities of the IT industry
and beyond. We also support broader policy efforts
through participation in RMI and its Due Diligence
Practices, Smelter Engagement, and Sensing andPrioritization teams. Learn more about our workwith RMI.
Additionally, we collaborate through external
forums and initiatives, including the European
Partnership for Responsible Minerals, Material
Insights, and Public-Private Alliance for
Responsible Minerals Trade.

Other regions and minerals
Learning from our experience combating conflictminerals in the DRC and surrounding countries, weare expanding our efforts. This aligns with growing
awareness of mineral-sourcing issues beyond
the DRC and surrounding countries covered by
the U.S. Dodd–Frank Act. The EU Conflict Minerals
Regulation, which covers EU imports of 3TG
minerals from all regions of the world, requires
all large EU 3TG metal importers and smelters to
become “responsible importers” consistent with
the OECD Due Diligence Guidance for Responsible
Supply Chains of Minerals from Conflict-Affected
and High-Risk Areas. Although HP’s operations
are not within the scope of the EU regulation, we
have voluntarily aligned our policy and approach tosupport our customers’ requirements consistent
with the regulation.
Cobalt has been linked to human rights risks. We
set clear requirements for our suppliers to enact
policies that address cobalt, and our minerals
due diligence and reporting also includes cobalt.
We ask suppliers to provide us with details of thecobalt refiners they use, and work with them toencourage those refiners to complete an RMI audit.
Additionally, we encourage suppliers to engage incollaborative industry action through RMI. See ourReport on Cobalt, and our responsible minerals
sourcing expectations for suppliers in HP’s GSE.

Introduction

Our
employees

Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

Approximately 50,800 employees (excludingPoly)16 worldwide power HP’s innovation,
contributing unique perspectives and a growthmindset to create breakthrough technologies
and transformative solutions. We arecommitted to fostering a diverse, equitable,
and inclusive workplace that attracts, retains,
and advances exceptional talent. Throughongoing employee development (see right),
comprehensive compensation and benefits,
and a focus on health, safety, and employee
wellbeing, we strive to support our employees
in all aspects of their lives so they can dotheir best work—while learning, growing, andfeeling engaged.

Employee development
Human capital development underpins our efforts
to transform and grow HP. Our employees’ talent,diversity, and drive fuel HP, and we prioritize
investment in career growth. We are passionate
about supporting an inclusive culture andpracticing a growth mindset to unlock business
innovation and opportunities. Our ongoing successdepends on enabling our diverse workforce ofskilled employees and ensuring a strong pipeline ofdiverse leadership talent.
We believe that employee development is criticalto attracting, retaining, and nurturing strong
teams and building strong leadership. We invest
in professional development tools, resources, andprograms in order to provide all employees withthe opportunity to become better leaders, both
enabling their career ambitions and helping us
meet emerging customer and business needs.
Our aim is to be known as much for the innovators
we inspire and develop as the innovations wecreate and deliver. To deliver on our Future
Ready investment in talent, we prioritize thefollowing objectives:• Develop a diverse pipeline of high-performing,
skilled leaders• Futureproof the organization’s skills with relevant
training and experiences• Modernize how we find and develop internal talent• Enable employees to develop and growtheir careers

872022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Diverse bench of
future-ready leaders
Our executive leadership team (ELT) uses targeted
talent strategies to develop the executive
leadership pipeline. These include external
assessments of leadership candidates, executive
coaching, job rotations, and experiential leadershipdevelopment programs.
We have a rich leadership curriculum for managers
at all organizational levels, including self-directed
learning, coaching, and experiential workshopsthat enable shared learning and networking. We
prioritize leadership development with insightsdriven opportunities for executives, as well as
a new development program targeted at 1,500
senior leaders that focuses on increasing agility
and inclusion in our HP Way culture. We have also
expanded performance coaching through targetedinterventions, with a focus on the developmentof new people managers. In 2022, over 500
people managers completed formal one-year
development programs.
We continue to develop our leadership pipeline
by investing in emerging and underrepresented
talent through formal programs, mentoring,and sponsorship. Programs focus on teamdevelopment, future of work, new business models,and opportunities to deepen inclusion and growthmindset practices.

Through 2022, over 180 emerging leaders
commenced the HP Catalyst program, including
a dedicated cohort for Black/African American
employees. Additionally, 94 technical women
worldwide commenced the Fast Forward
Program—a 12-month development experience
designed to strengthen leadership capabilities
through monthly peer mentoring, coaching,development workshops, and guidance fromsenior sponsors.
HP also sponsors leaders to participate in external
development programs, such as the Information
Technology Senior Management Forum (ITSMF)
and the McKinsey Academy leadership programs
for Asian American, Hispanic American, and Black/
African American executives and managers. We
have also invested in greater access to diverse
professional organizations, such as the Society of
Women Engineers and ITSMF.

HP study: Women seeking out promotions
despite pandemic work shifts. Women haveremained ambitious, especially at companies
that offer flexibility and growth opportunities.
Learn more.

Go BeyondIntroduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

882022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Skilled and future-ready
employees

Continuous learning andcareer progression

We invest in technical and digital skill capabilities
across HP to fuel future productivity, productdevelopment, services, and technology innovation
strategies. In 2022, we continued to increase
employees’ knowledge of digital technologies bylaunching programs designed to deepen expertisein data analytics and robotic process automation.

HP employees have access to a wide range of
personalized development opportunities, including
virtual, social, self-directed, mentoring, coaching,face-to-face, and external programs. We offer
a variety of collaborative learning experiences,connection to a network of subject matter experts,
and a social learning platform that enables
employees to integrate development into their
daily routines.

At the business level, we have a range ofprofessional academies aimed at developing
employee capabilities in the areas of services,finance, digitization of work, sales, softwaredevelopment, and emerging trends within customer
experience design and product and service
innovation. We are also investing in a series ofdevelopment interventions focused on cultivating
technical, digital, automation, service, and software
skills across the organization. We support thecontinuous development of our more than 18,000
technical employees who work across a range ofdigital, information, and physical sciences. Over
30 HP employee communities, such as Software
Community and Data Science & Knowledge
Discovery, have access to a range of classroom
and virtual learning programs, practical projects,
and opportunities to solve business challenges.
Our affinity groups and virtual communities alsoenable connections among technologists basedon technical capabilities and common interests.
In addition, we have invested in new advanced
engineering and software learning resources,
available to thousands of technical employees,
continuing the spirit of innovation. Learn more in
The Evolving Way (page 88).

In 2022, approximately 99% of HP employees
participated in learning and development, spending
an average of 36 hours on these activities
throughout the year.17 Our 2022 Voice Insight Action(VIA) survey found that 85% of employees feel HP
actively supports their learning and development,with 81% believing that they have what theyneed to build new skills and stretch beyond theircurrent capabilities.18
HP’s Power Your Possible platform helps employees
identify learning that supports their career plans. In
addition, HP’s Degree Assistance Program provides
higher education funding to more than 500
employees worldwide each year. We also provide
opportunities to attend conferences and seminars,
as well as to acquire professional memberships,
accreditation, and certifications.
We equip managers to provide development andcareer coaching, accelerating their teams’ talentdevelopment and supporting their career plans.
In 2022, we expanded our Talent Development
Planning platform to enable all people managers
to create personalized development plans for

HP’s wide range of opportunities support employees to build their careers.

each of their team members. These development
plans focus on skill advancement, new experiential
opportunities, and accelerating readiness for
future roles. According to the VIA employee survey,
80% of employees believe their career goals canbe met at HP.19
Internal career mobility also continues to be apriority, and in 2022 35% of job vacancies werefilled internally.

Performance management
and feedback culture
HP has a strong, feedback-based culture andapproach to performance management. During2022, 99% of eligible employees received
annual multidimensional and objective-based
performance evaluations.20 Employees also
participate in regular feedback and development
planning conversations with their managers. Our
2022 VIA survey found that 87% of employees
believe they receive feedback throughout the yearthat enables them to improve their performance.21

Compensation and benefits
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

HP offers a comprehensive Total Rewards packagethat is both performance based and market
competitive. Total Rewards includes salaries,
bonuses, incentive programs, and a range ofbenefits designed to meet our employees’ diverse
needs while enhancing their wellbeing and thatof their families. Most non-sales employees are
eligible for HP’s performance bonus. Funding
for the HP bonus program is linked to company
financial performance and individual bonus
payouts are based on employee performance.
HP also offers equity to eligible non-officer
employees based on contributions to thecompany. The purpose of HP’s equity program is
to strengthen employees’ alignment to company
goals and encourage their focus on creating
long-term value for stockholders.

Pay equity

Executive compensation

We believe people should be paid equitably forwhat they do and how they do it, regardless of theirgender, race, or other personal characteristics.
To deliver on that commitment, we benchmark
and set pay ranges based on relevant market
data, and consider factors such as an employee’srole, experience, and performance. We also
regularly review our compensation practices,in terms of both our overall workforce and our
individual employees, to make sure our pay is fairand equitable.

The HR and Compensation Committee discharges
the HP Board of Directors’ responsibilities related
to the compensation of our executives anddirectors, and provides general oversight of ourcompensation structure, including our equity
compensation plans and benefits programs. See
page 63 of the HP 2023 Proxy Statement for detail.

Valuing and rewarding employees drives higher
engagement and better performance, and helps
us attract and retain top talent. Compensation
and benefits are reviewed periodically formarket competitiveness.

HP expanded its annual pay equity assessment
in 2022—evaluating the 16 countries with our largest
employee populations, which represent 85% of
our global workforce. The independent analysis
determined there were no systemic issues. Areasof potential concern, considering what we would
expect employees to be paid when evaluating
their skills, qualifications, and experience, werereviewed and addressed as part of our off-cycle
compensation process.

Benefit programs vary by country to reflect local
market practice and employee needs. Dependingon location, these may include:• Retirement and savings plans

In accordance with U.S. SEC rules, we recently
reported our CEO pay ratio for 2022. Our
CEO’s annual total compensation for 2022 was
US$21,079,926. Our median employee’s annual totalcompensation was US$69,911, resulting in a CEO
pay ratio of 302:1. For more detail, including about
our calculation methodology, see page 75 of the
HP 2023 Proxy Statement.

Since 2016, HP has reviewed employees’
compensation with the support of independent
third-party experts to ensure equitable
pay practices.

• Healthcare benefits• Insurance protections (e.g., life and disability)• Time-off programs (vacation,22 holidays, parental
leaves, injury/illness, 23 etc.)• Discount programs• Flexible work arrangements

89

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact• Stock purchase plan
• Other benefits

Valuing and rewarding our employees helps drive engagement and performance.

Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

902022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Employee engagement

Health and safety

Listening and communication drive ourengagement approach across three focus areas:

HP remains committed to ensuring the healthand safety of our employees, recognizing
the importance of providing a safe working
environment to support their productivity
and success.

• Develop our people: Support digital literacy andpersonal growth, and recruit, retain, and develop
key talent.
• Strengthen our culture: Building on our values,
drive a customer-first culture, promote key
leadership behaviors, and provide a great
onboarding experience.
• Shape the employee experience: Deliver a peoplecentered, consistent, HP Way-aligned employee
experience that supports our mobility, digitaltransformation, and customer-focused initiatives.
We regularly collect feedback from employees tobetter understand and improve their experiences
and identify opportunities to continually strengthen
our culture. In 2022, 93% of employees participatedin our annual VIA employee engagement survey.
HP has maintained employee engagement
throughout the pandemic. Overall, 82% ofsurvey participants had a favorable view of theemployee experience in 2022, compared to 81%
in 2021. HP continues to be certified as a Great
Place to Work, with our employee rating increasingby 2 percentage points in 2022, to 92%. See
also Recognition.

Employee survey results*
Sustainable Impact
percentage of employees
HP is socially and environmentally responsible
100%

92%

92%

94%

2020

2021

2022

50%

0%

* Data refers to the percentage of employee survey respondents
who strongly agreed or agreed with the statement (2020–2022
Quick Clicks).

Our environmental, health, and safety (EHS)
leadership team uses our global injury and illness
reporting system to monitor worldwide and regional
trends as part of quarterly reviews. Supervisorsof employees who suffer work-related injuries are
required to conduct thorough injury and illness
investigations, working closely with EHS points ofcontact to assess serious or complex cases.
In 2022, we achieved a global lost workday caserate of 0.06 and a total recordable incidence rateof 0.13,24 compared to 2021 average rates (the mostrecent data available) of 0.1 and 0.3, respectively, in

the North American Industry Classification System(NAICS) U.S. Computer and Peripheral Equipment
Manufacturing industry (NAICS Code 33411).
While our manufacturing facilities continue topresent the greater health and safety risks, we
remain focused on reducing and effectively
managing risks to maintain low injury rates. We
implement programs that address common
hazards at our sites, such as ergonomic issues,
slips, and falls. We also prioritize the safety of HP
employees working beyond our facilities—suchas field service technicians visiting customer
sites—by providing training and related testing on
issues such as safe vehicle operation and proper
lifting techniques.
Learn more about our EHS management system,
and view a detailed breakdown of our injury andillness rates.

Wellbeing
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

The holistic wellbeing of our employees is vitalto HP’s success. Our Well Beyond employee
wellbeing program is designed to serve the needsof our evolving workforce and culture. In 2022, werelaunched the program through the “90 Days toa Better You” campaign, with new opportunities
for employees to prioritize their wellbeing. This
included expanding to five pillars of wellbeing,with new “Emotional” and “Social and Community”
focus areas.
As of October 2022, 81% of eligible employees in
the United States, and 60% worldwide, had enrolled
in the Well Beyond program.
In the United States, employees and theirspouses or domestic partners can receive annual
incentives of up to US$600 each for activities
such as completing a Wellness Assessment andtracking healthy activities. In 2022, we expanded
our Wellness Assessment globally, and it wascompleted by about 13,600 employees.
Throughout the year, we encourage healthy
behaviors across our five pillars of wellbeing
through regular communications, educationalsessions, voluntary progress tracking throughthe Virgin Pulse app, personal challenges, andother incentives.
Through our wellbeing vendors, we offer an array ofprograms, activities, and virtual gatherings, as wellas enhanced benefits and resources to support
wellbeing. These include sessions that focus on
the science behind mindfulness, and ongoing
virtual office hours with our medical consultant andother doctors.

91

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Emotional

Physical healthSocial and community• We continue to integrate mental and emotional
health into all aspects of our wellbeing program.
In 2022, we hosted a webinar during Mental
Health Awareness Month and launched amental health–focused newsletter to highlightrelevant resources.

• As part of our Global Wellness Challenge (GWC)
in April and May 2022, 62% of our employees,
including 79% of our U.S. workforce, registeredon the Virgin Pulse platform, through which we
provide access to digital coaching and a wide
range of health and wellbeing content. More than
14,300 employees joined the GWC, forming nearly
2,800 teams across 59 countries.

• During 90 Days to a Better You, employees were
given the opportunity to share kindness with theircommunity, their colleagues, and themselves
through the “Power of Kindness” campaign. Over
three weeks, 4,120 employee posts across 50
countries represented more than 19,000 actsof kindness.

• In 2022, we incorporated Headspace, an awardwinning, research-backed meditation andmindfulness application, into our global wellbeing
offering. As of December 2022, more than 17,000
employees and over 4,300 family members
were enrolled.

Financial• More than 1,500 employees in the United States
participated in our Well Beyond: Your Moneyfinancial wellbeing month activities. During
August 2022, employees attended weekly
presentations with investment experts from
Fidelity more than 1,000 times.

Life balance• Recognizing employees’ continued caregiving
challenges, in 2022 we offered webinars on
resiliency and parenting, along with small-groupcoaching for more individualized support.

• During the GWC, employees registered over
4.74 billion steps through our Well Beyond
platform, equivalent to about 7,800 daily steps
per participant.

Introduction
Sustainable Impact
Climate Action

Diversity,
equity, andinclusion

2022 at a glance95%

of employees felt that HP valued diversity25

Human Rights

HP demographics*
Board of Directors
percentage of total

45% 45%

Women in leadership
percentage of total

46% 46%46%

46%

Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

Respect is core to who we are at HP.
That respect includes fully embracing
our commitment to diversity, equity, andinclusion (DEI).
We value diverse talent, welcoming ideas andperspectives from everywhere and working
to ensure everyone at HP has a chance
to contribute to our success and to findopportunities to belong and grow. We want our
workforce to reflect the communities in which
we live and work and to be purposeful in using
our position to address systemic bias in ourcompany, our industry, and beyond.
This mission has been central since HP’sfounding. It is also critical to our future
because DEI is a business imperative: ouremployees are inspired by it, customers call forit, investors look for it, and HP’s reputation isdefined by it.

25%

180+

emerging leaders commenced the HP
Catalyst program through 2022, including
a dedicated cohort for Black/African
American employees.

US$87
million

2020

2021

2022

US$115
millionspent with women-owned businesses

jobs supported through HP’s spending withdiverse suppliers

www.hp.com/sustainableimpact

25%

2021

2022

Women

Executives reporting directly to the CEO

Racial/ethnic minorities

Director level and above

Technical roles
percentage of total

Revenue-generating roles
percentage of total

22%

2020

36%

33%

31%
23%

2021

24%

2022

29%

28%
20%

2020

29%
21%

2021

22%

2022

Women in IT and engineering

Women in sales roles (all levels)

U.S. racial/ethnic minorities in IT and engineering

U.S. racial/ethnic minorities in sales roles (all levels)* Board of Directors data for 2022 is as of the conclusion of the 2023 annual meeting of stockholders on April 24, 2023. Board of Directors
data for 2021 is as of the conclusion of the 2022 annual meeting of stockholders on April 19, 2022. Board of Directors data for 2020 is asof the conclusion of the 2021 annual meeting of stockholders on April 13, 2021. Other data is as of October 31 of the year noted. Employee
data refers to regular full-time and part-time employees.

See detailed employee demographics data.
2022 HP Sustainable
Impact Report

2020

33%

33%

spent with minority-owned businesses

4,304

92

40%
32%

Strategy and approach
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy

Innovation at HP comes from the diverse
perspectives, backgrounds, knowledge, andexperiences of our employees. Our vision is aworkplace that is globally connected and drives
a responsive culture of belonging that fosters
courageous conversations and welcomes ideas
from any source. We strive to create an inclusive
environment where people can be their authentic
selves at work and reach their full potential.
Our Belong, Innovate, and Grow (BIG) strategy
continues to drive our culture, embedding DEI
across all parts of our businesses and functions,
including recruitment, talent and learning culture,
mentoring, training, and events. In 2022, we
continued to integrate BIG across HP, focusing
on greater accountability for DEI, diverse talent
recruitment and leadership pipelines, and engaging
our employees, so that we can attract, retain,
promote, and develop the best talent.

Leadership and oversight
Our commitment to DEI starts at the top, with ahighly knowledgeable, skilled, and diverse Boardof Directors. HP’s Board of Directors is one of themost diverse of any U.S. technology company,
comprising 46% racial/ethnic minorities and
46% women.
Our Board of Directors/executive leadershipreverse mentorship program helps us capitalizeon the advantages of a strong and diverse Boardof Directors. Through this program, each board
member is paired with a member of our ELT to gain
in-depth knowledge of HP’s business, programs,
and best practices to positively impact our culture,people, and communities.

Integrity
Appendix932022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Our diversity, equity, and inclusion strategy: BIG

BelongInnovate

Grow

A strong culture of inclusion
and belonging empowers
and strengthens individuals
and teams.

Great innovation requires
diverse perspectives.

Diversity is a business
imperative that impacts ourbottom line.

HP’s chief diversity officer oversees and influences
the company’s global DEI strategy and is focusedon implementing and advancing DEI processes.
This includes the recruitment and retention ofdiverse talent while ensuring organizational
consistency in applying DEI with policies, practices,and services. The chief diversity officer leads theBusiness Impact Networks (BINs), targeted equity
programs, and strategic partnerships to increase
our diverse talent pipeline, and engages with the
Racial Equality and Social Justice Task Force.
Working closely with executives and businessleaders, the DEI team focuses on aligning DEI tobusiness goals, representing workplace needs,
supporting marketplace opportunities, and driving
global accountability for progress and outcomes.
To ensure leadership embeds a strong focus
on DEI, each member of our ELT has individual
performance goals under the Management by
Objectives program tied to DEI. Our ELT members
are evaluated on their actions to advance DEI
across the company.
Our DEI policies and practices are the foundation
for a positive and innovative culture of belonging.
The HP Global Best Work Environment Policy
supports our efforts and includes the Global
Harassment-Free Work Environment Policy, Global
Non-Discrimination Policy, and Open Door Policy.

2030 goal
Achieve 50/50 gender equality in
HP leadership26
Progress in 2022
Women represented 33.3% of directorlevel and above positions globally (as of
October 31, 2022).

2025 goal
Double the number of Black/African American
executives27 by 2025, from a 2020 baseline
Progress in 2022
Increased from a baseline of 3.0% in June 2020
to 4.4% as of the end of 2022.

Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals

Leadership action
for workplace
equityAdvancing diversity in our
supply chain

Human rights due diligence
Supply chain workers• Industry: We leverage our industry leadershipand spending power to influence our ecosystem,
including our partners, vendors, and suppliers.

Responsible minerals
sourcing
Our employees• Local and national: We advocate for equitable
treatment of Black/African American people
through public policy, civic action, and clear
corporate positions on local and national issues.

Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

Our CEO, Enrique Lores, remains committed
to the CEO Action for Diversity & Inclusion™
pledge to advance diversity and inclusionin the workplace and is a founding memberof CEO Action for Racial Equity, a groupthat works to advance racial equity throughpublic policy.

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP’s Racial Equality and Social Justice Task
Force works to identify, execute on, and hold us
accountable for the biggest opportunities we haveas a company to drive sustainable impact in racialequality by working across three main areas.
• People: We accelerate the strategies, practices,and policies around our pipeline, retention, andpromotion of Black/African American talent.

Governance andaccountability

94

HP Racial Equality and Social
Justice Task ForceThe Task Force is dedicated to achieving its goals
by providing the foundation, framework, vision, andguidance for employee volunteers to help solve
some of our communities’ most difficult issues
on race.
For example, we initiated new workforce diversity
requirements in more than 30 of our top suppliers’
contracts, requiring quarterly reporting to trackprogress in 2022. Our Diversity Network Program,an amplified channel program focused on diverse
partners, is available for partners to simplify theirsearch for Black- and African American–owned
businesses, making the achievement of ourdiversity requirements more attainable.

In 2022, we worked to protect and expand therights of diverse communities through legislative
lobbying and civic engagement at the U.S. federal
and state levels. We successfully advocated forfederal funding for historically Black colleges anduniversities (HBCUs), and we effectively supported
national recognition and state-level protections forinterracial and LGBTQ+ marriages. We also worked
with community organizations to help reduce thedigital divide by promoting the implementation of
the Digital Equity Act.
Learn more about our goals and progress.

Our people
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

Our culture of DEI—where everyone feels respected
and valued, and fully participates—establishes HP
as a leader in the technology industry and beyond.
In our annual employee engagement survey, 95% ofparticipants responded favorably to the statementthat HP values diversity. Our internal inclusionindex reported that 89% of employees experience
an inclusive work environment at HP.
We want our people to reflect our communities
globally, and our goal is to be universally ranked
as an employer of choice in the technology
industry by 2030. To achieve that, we consider
every step of the employee life cycle—fromtalent attraction and engagement onward—
in how we continue to operationalize andintegrate DEI. Our hiring and retention practices
emphasize this approach, helping us to reachapplicants and advance employees fromunderrepresented communities.

Representation
HP is at its best when we are able to attract thebrightest minds from all backgrounds and groups.
Our recruitment strategy is designed to help us
increase diverse representation across HP byremoving barriers to entry and unconscious bias
in our processes, while opening new pathways into
work from nontraditional backgrounds.
We are developing a skills-first approach to hiringthat explores nontraditional routes to employment.
This includes our partnership with OneTen, which
is a key hiring channel for our recruitment of Black/
African American middle-skilled professionals.
In 2022, 46.4% of our U.S. hires were from racial/ethnic minorities, and overall, 67% of our U.S. hires
were from underrepresented groups, including
women, racial/ethnic minorities, people withdisabilities, and military veterans.
We continue to work on removing barriers for
employees from underrepresented groups
by working to eliminate bias, and by creatingworld-class programs and training, growth, anddevelopment opportunities.
We are committed to continuing to improve
representation of women at HP, with a focus on
management. HP is among the top technology
companies for women in leadership positions, withwomen in 33.3% of the company’s director-level andabove positions in 2022,28 up from 32% in 2020.

95

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

2030 goal
Achieve greater than 30% technical women
and women in engineering by 2030
Progress in 2022
Women represented 23.7% of engineeringand technology positions globally (as of
October 31, 2022).

2025 goal

2030 goal
Maintain higher than 90% rating on
internal inclusion index for all employee
demographics annually30
Progress in 2022
Achieved a rating of 89% compared with 87%
in 2021.

2030 goal

Double Black/African American technicalrepresentation in the United States by 2025,
from a 2020 baseline29

Meet or exceed labor market representation
for racial/ethnic minorities in the United Statesby 2030

Progress in 2022
Increased Black/African American technicalrepresentation in the United States from 2.3%
in 2020 to 3.1%.

Progress in 2022
Met labor market representation for Asian
American and Hispanic/Latin American
demographic groups; on track to increase
representation in Black/African American
demographic group to achieve goal by 2030.

Introduction
Sustainable Impact
Climate Action

Attracting and retaining people
with disabilities

Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

962022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

At HP, talent is our only criteria. We provide a wide
range of support for employees with disabilities,
including several digital tools for psychologicalcare, the Coordinated Care and Virtual Primary
Care programs, hybrid working arrangements,
and workplace ergonomic assessments. In 2022,
we scored 100% on the Disability Equality Index,
which recognized HP as one of the “Best Places toWork for Disability Inclusion.”
We marked International Day of Persons
with Disabilities in 2022 to help promote anunderstanding of disability issues across HP,
and as part of Global Accessibility AwarenessDay, the disAbilities Impact Network hosted the“Accessibility at HP: It matters to all of us” webinar,
designed to give HP employees insights into how tocreate a more inclusive and accessible workplace.

Because traditional hiring practices can screenout qualified and talented applicants with autism,
we collaborate with Vocational Rehabilitation and
PROVAIL to offer the Spectrum Success Program,which focuses on recruiting, hiring, and retainingof qualified candidates with autism.
Participants in our China HOPE (HP Opportunityand Equality) and Japan’s Internal Service Centerprograms spend half of their time at HP learningbusiness skills. Through the end of 2022, 35 HOPE
participants had become full-time hires. In India,
we work with colleges to identify candidates for
our Eklavya program, which offers interns on-thejob training and coaches employees in interacting
and communicating with people with disabilities.

Equitable career development
We recognize that talent has no boundaries
and that our success is tied to ensuring thateveryone at HP can find opportunity and growin their career. We offer a range of programs tohelp our employees develop, including initiatives
that address underrepresentation in technology,
engineering, and leadership positions.
As of the end of December 2022, 68% ofparticipants in HP Catalyst (our 12-month
emerging leaders’ program) were women, withan overall retention rate of 88%. Sixty-sevenpercent of all program participants since 2017
were subsequently promoted or accepted a newrole internally. The program is complemented by
women’s leadership initiatives such as Disha, asix-month program in India; the Talent Development
Program and Women in Leadership Lab in Mexico;
the annual women’s leadership conference in the
United States; and WOLFpack, an eight-month
women’s development program in Costa Rica. See
Employee development.
To address systemic barriers that exist to diverse
representation in leadership and the importanceof sponsorship in career development, we haveincreased our investment in the development ofBlack/African American leaders.

Our partnership with ITSMF continues to train anddevelop Black/African American and diverse IT
leaders through ITSMF’s Management Academy.
We sponsored 11 HP employees for the 2022–2023
cohort. During the 12 months ending in March
2023, 21% of graduates (from all years) were
promoted to management at HP or moved into new
or expanded roles. During 2022, more than 90 HP
leaders participated in the Executive Leadership
Program and Management Accelerator cohortsof McKinsey’s 2022/23 Black, Asian, and Hispanic/
Latin American Connected Leaders Academy
programs, which hone executive and management
leadership capabilities through expert-led virtualand small-group discussions.

Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability

Culture of belonging

DEI Training

To help us deeply embed inclusion within HP’sculture, we provide numerous training programs
and resources designed to increase our
employees’ social awareness, counter personalbias, and promote compassion and empathy.
We also support our extensive network of BINs—
employee-led groups that champion diversity
within and beyond HP.

Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix972022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Employee survey results*
Diversity and inclusion
2020

2021

2022

I feel HP values diversity

95%

94%

95%

I can be myself at work

88%

87%

90%

* Data refers to the percentage of HP 2020, 2021, and 2022 VIA
employee survey respondents who strongly agreed or agreed
with each statement.

We have a wide range of programs and initiatives
that support our DEI objectives by helping
to embed a culture of inclusion across ourorganization, including by removing barriers
and tackling unconscious bias. Among these
programs are:
• Belong at HP: A learning suite of experiential
learning modules designed to reach employees
at all levels to drive personal accountability
and change behaviors to create a truly diverse,
equitable, and inclusive culture at HP.
• HireEQ: Designed for hiring managers to help
them focus on equitable hiring and building
organizational accountability for diverse hiring.
• New Manager Journey: Equips newly promoted
managers with the skills, tools, and mindsets todrive high-performing teams, including by building
a culture of inclusion at HP.

Business Impact Networks
HP’s BINs illustrate our DEI strategy in practice.
Open to all employees, our BINs lead community
outreach programs and promote diversity inpipeline development, local hiring, talent programs,
and mentoring. They also implement campaigns
celebrating diversity at HP. In 2022, these included
events to mark Black History Month, National
Hispanic Heritage Month, National Native
American Heritage Month, International Women’s
Week, LGBT Pride Month, and Veterans Day, as well
as workshops for LGBTQ+ allies.

The program launched in 1972 with our first group,
the Black Employee Network, and has grown to 132
BINs in 37 countries,31 up from 130 in 2021. Theirrepresentational focuses include: Black/African
American, disabilities, Hispanic/Latin American,
LGBTQ+, multicultural, multigenerational, veterans,
and women. Four new BINs launched in 2022:• disAbilities Impact Network in Singapore• Women’s Impact Network in Indonesia• Women’s Impact Network in Poland• Next Generation Impact Network in Switzerland
In 2022, we held our first BIN Leadership Summit.
Themed “It Starts With Us,” the event provided
sessions designed to inspire, develop, and connect
BIN leaders, to help them drive greater impact.

The summit also hosted the first Standing Ovation
Awards, which recognized nominated BINs foroutstanding work across four categories: Better
Together, Business Impact, Community Impact, andWorkplace Culture.
2022’s Community Impact Award winner was Pride
Impact Network India, which partnered with a local
NGO to create the REVIVE WITH HP program, afresh new approach to upskilling and providing
meaningful opportunities for the local transgendercommunity. Pride India has also done work toensure HP remains an inclusive work environment
for the trans employees hired from this program,including providing sensitization workshops andadvocating for gender-neutral bathrooms at our
India sites.

Supplier diversity
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data

We are committed to using our position of industry
leadership to drive DEI in our supply chain throughour purchasing decisions and engagement with
suppliers and partners. Building a more diverse
supply chain embodies our values and drives
greater innovation, fortifies our business, andstrengthens local economies.
Our program focuses on small businesses andcompanies owned by women, minorities, veterans,
service-disabled veterans, LGBTQ+ individuals,
and aboriginal or Indigenous individuals. In 2022
in the United States, we spent US$423 million withsmall businesses, US$87 million with minorityowned businesses, and US$115 million withwomen-owned businesses32 (see data). During
the year, our supplier diversity program in the
United States had an overall economic impact
of US$877 million (see table).

Digital Equity and philanthropy
Integrity
Appendix

In 2022, we continued to develop our supplier
diversity program in the United States, working
with the National Minority Supplier Development
Council, the Women’s Business Enterprise National
Council, Disability:IN, and industry groups suchas tech:SCALE.
The HP Racial Equality and Social Justice Task
Force also supports our efforts. Through policies,
programs, and executive sponsorships, we work
to help Black/African American–owned suppliers
develop relationships with HP that can strengthen
their businesses and build economic power. To
drive economic empowerment, our goal was for
10% of HP supplier diversity spend in the UnitedStates to be with Black/African American suppliersin calendar year 2022, up ten-fold from 2020. We
achieved 136% of our goal through the end of
calendar year 2022, equivalent to a cumulative
US$42 million since the beginning of calendar year
2021. For 2023, we are working to increase spend
with Black/African American suppliers in the UnitedStates by 5% compared with fiscal year 2022.

Economic impact summary of HP supplier diversity program*
2021

2022

Overall economic impact** (US$ million)

650+

877

Spending with small and diverse suppliers (US$ million)

362

489

Incomes earned by employees in the jobs supported by HP’s supplier diversity program
purchases (US$ million)

130+

379

2,000+

4,304

200+

113

Jobs supported through HP’s spending with diverse suppliers***
Federal, state, and local personal and corporate taxes generated (US$ million)*

98

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Data is for the 12 months ending September 30 of the year noted. Figures are based on HP purchases in the United States and Puerto
Rico from U.S.-based businesses.
** Goods and services produced by HP’s diverse suppliers and their supply chains.
*** Including professional services, scientific services, technical services, computer and electronic manufacturing, real estate, andnumerous other industries.

Studies from the Federal Reserve and others
have found that diverse businesses face greaterdifficulty in accessing credit, creating short-term
cash flow challenges. HP’s early payment program,in partnership with C2FO, helps to bridge this gap
through inexpensive access to capital for diverse
partners that have historically lacked equal access.

Supplier expectations
We ask that our suppliers join HP in prioritizing DEI
in their own operations. We require top U.S. service
suppliers with account teams of 10 or more to
implement diversity initiatives to recruit, attract,and hire diverse employees, with a goal that atleast 10% of top HP U.S. service supplier accountteam members be Black/African American. We
also have targeted programs which extend tomarketing and legal suppliers and partners in the
United States.
To advance progress deeper in our supply chain,
we have added a clause in new and renewed
contracts for suppliers that provide services to HP
in the United States, setting the expectation thatthey should spend a minimum of 10% of any work
subcontracted and/or purchased on behalf of HP
with diverse-owned businesses. To strengthen
the program’s racial equality focus, top suppliers
subcontracting work in the United States must
spend at least 5% with certified Black/African
American businesses. In 2022, our allocatableindirect spend33 with diverse suppliers throughthis program was more than US$131 million.

Promoting diversity with ourlegal partners
Our legal team is also focused on improving
diversity among our U.S. law firm partners andwithholds up to 10% of all invoiced spend of thosefirms who fail to meet or exceed minimally diverse
staffing on work for HP. Law firms are asked toensure that diverse attorneys (underrepresented
minorities, women, LGBTQ+, or those withdisabilities) perform at least 30% of the billable
hours on HP business, at least half of which mustbe performed by racially diverse attorneys. Firms
are required to track and share data reflecting
compliance quarterly. As of the end of 2022, 100%of our engaged firms met the requirements, up
from 46% in early 2017 when this initiative waslaunched. Overall, 85% of HP’s U.S. outside counsel
relationships were led or co-led by a diverse
partner at the end of 2022—up from 46% in 2017.
Additionally, legal has set a goal of ensuring atleast 15% of overall outside counsel spend goesto Black/African American–led law firms.

Our communities
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion

Driving diversity with ourmarketing agencies
HP Marketing strives to do business with agencies
that reflect the diversity of our customers,
partners, and employees. During 2016, to continue
improving diversity in our supply chain, we
challenged our top five U.S.-based marketing
agencies to significantly increase the numberof women and U.S. minorities in top creative andstrategic planning roles working on HP accounts.
During 2022, HP Marketing increased spend withBlack/African American–owned suppliers in the
United States by 12.6% compared with 2021. Sevenof our top eight U.S.-based agencies have met
our requirement for more than 10% of creativeand production team members on HP accounts
to identify as Black/African American.

We strive to advance the communities where welive and work by applying the same DEI values thathave made HP so strong. We support the Human
Rights Campaign’s Business Coalition for the
Equality Act, related to LGBTQ+ workplace rights,
and the UN Human Rights Office Standards ofConduct for Business. In 2022, we lobbied for the
successful passage of the Respect for Marriage
Act. We also collaborate widely to drive increases
in diversity across the technology industry.

HP works to inspire more women and racial/ethnic minorities to consider science, technology,
engineering, and mathematics education andcareers. For example, we continue our partnerships
with organizations such as Girl Rising, Girls Who
Code, blackcomputeHER, Black Girls CODE, andthe YWCA’s Curated Pathways to Innovation.
Our BINs also host community events and partnerwith nonprofits such as Hire Heroes, Hour of Code,and local Pride organizations.

Diverse talent in technology

We partner with HBCUs to increase therepresentation of Black/African American
engineers in the high-tech workforce. In 2022,
we participated in the HBCU Week Conference,
hosting a panel discussion at the White House.
We also launched the HBCU Partnership Program,which includes an on-campus engagement planwith Prairie View A&M University, Texas Southern
University, North Carolina A&T State University,
Morgan State University, St. Philip’s College, andDenmark Technical College. The HP Foundation
awarded Jackson State University a US$50,000
grant to assist its recovery from heavy rainfall
and flooding in August 2022.

We engage with leading industry organizations
and conferences that promote more diverse
representation in technology. These include:• Disability:IN

Digital Equity and philanthropy• National Association of Multicultural Engineering
Program Advocates Inc.

Integrity• National HBCU Business Deans Roundtable

Appendix• National Society of Black Engineers

Data• Out & Equal• Professional BusinessWomen of California• Society of Hispanic Professional Engineers• Society of Women Engineers

99

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Product accessibility
Introduction
Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing
Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity
Appendix

The annual HP HBCU Business Challenge, inpartnership with the National HBCU Business
Deans Roundtable, tasks students with tackling
critical business problems while gaining valuableindustry experience. The 2022 event focused on
the future of work; students were asked what tools
and technology are required to enable people towork effectively in a hybrid work environment. Nine
schools participated, including the winning teamfrom St. Augustine’s University.
In September 2022, HP hosted the second
annual HBCU Technology Conference, where
academics and industry leaders shared impactfulpresentations on digital transformation, the futureof work, cybersecurity, sustainability, and diversity
in the tech sector. See Education.
Across the United States, HP employees who joined
the Racial Equality and Social Justice Task Force
have been helping to drive forward our agenda
for STEM education. In 2022, the Task Force’s
Channel Partner chapter worked with the Boys &Girls Clubs of Austin and Houston, Texas, UnitedStates, to create customized HP LIFE learning
paths for students to enable job-critical skills.
We have continued building this relationshipwith other Boys & Girls Clubs in Texas, including
support of the development of a new site in Uvalde.
We will continue to expand the approach andprogramming to other Boys & Girls Clubs acrossthe United States.

HP wouldn’t be HP without these sevenhistory-making women. We celebrate pioneers
who shaped the company, Silicon Valley, andconsumer technology. Learn more.

Go BeyondSeven innovators building antiracist tech:selected by MIT Solve, these groundbreaking
tech startups are working toward a more
equitable future. Learn more.

Go Beyond100

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

About one in six people in the world has adisability,34 including about one in four U.S.
adults.35 HP believes that while accessible
technology is necessary for some, it benefits
all. Removing barriers that otherwise prohibit
those with disabilities from engaging as dignified,
independent, equal, and active members of ourcommunities is critical for society and businessto thrive.
We are investing in accelerating digital equity for
150 million people by 2030,36 including individuals
with disabilities, through the Digital Equity
Accelerator and other initiatives. See People withdisabilities and aging populations.
The HP Hardware Accessibility Testing Guide
details how we test products for accessibility andtransparently communicate the results in ourconformance reports. We voluntarily share thisinformation to help advance a broader industry
conversation about best testing practices insupport of more accessible products.
We welcome opportunities to incorporate feedback
from the global disability community into ouraccessibility program. For example, our dedicatedAccessibility Customer Support Team has recently
expanded localized support to 11 countries andprovides a contact form for sharing feedback
directly with HP’s Office of Aging and Accessibility.

HP regularly participates in accessibility-related
conferences, industry groups, and government
forums in order to advance worldwide standards
and policies that improve the accessibility of
IT. To inform our efforts, we monitor the current
landscape (including items such as the Web
Content Accessibility Guidelines, U.S. Revised
Section 508, and the EU’s EN 301 549), as well as
emerging developments (such as the European
Accessibility Act and the Accessible Canada Act).
This work complements the most significant
contribution we can make to accessibility:
producing IT products and services that are usableand enjoyable by the widest number of people
practicable. For example, in 2022 we released an
Accessibility Mode and optional Speech Access
Module (SAM) for Displays functionality for selectdisplays equipped with speakers or a 3.5 mm
stereo headphone jack. During the year, our Print
team also released a new version of our awardwinning secure screen reader and voice command
technology in the HP Printing Voice Assistant. Learn
more about how HP products increase possibilities
for those with visual, auditory, physical, andcognitive disabilities.
See our accessibility website for more information.

Data
Introduction*

Supply chain workers*
2020

2021

2022

91%

91%

88%

5

8

4

46,00037,00046,000

Suppliers’ employees working 60 hours per week or less on average***

93%

95%

96%

Supply chain workers

Suppliers’ employees receiving at least one day of rest each sevenday workweek***

97%

97%

97%

Responsible minerals
sourcing

Suppliers in China with student workers representing 20% or less of
total employees***

100%

100%

100%

3

4

4

Sustainable Impact
Climate Action

Suppliers publishing sustainability reports using the GRI framework(% of production supplier spend)

Human Rights

Capability building

Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence

Our employees
Diversity, equity, andinclusion
Data
Digital Equity and philanthropy
Integrity

Number of capability-building programs
Workers reached through capability-building programs**
Workers’ rights

Immediate priority audit findings (immediate action required) related
to the ILO Declaration on Fundamental Principles and Rights at Work:
freedom of association; forced, bonded, or indentured labor; child labor;or discrimination†
Immediate priority audit findings (immediate action required) related tooccupational safety, emergency preparedness, or industrial hygiene†

HP’s spend with U.S. diverse suppliers*

7

10

8

229,400

316,700

375,600

Audits and assessments

Appendix

Workers at sites audited†† (total)
Sustainability audits and other assessments (total)

www.hp.com/sustainableimpact

2021

US$
million% ofqualified
spend

US$
million% ofqualified
spend

2022
US$
million% ofqualified
spend

348

26.3%

276

22.3%

423

19.0%

Minority-owned businesses

77

5.8%

79

6.4%

87

3.8%

22

54

154

Women-owned businesses

95

7.2%

91

7.4%

115

5.0%

Follow-up audits

37

46

47

Full re-audits

44

61

102

Assessments

3

24

14

Veteran-owned businesses, service-disabled
veteran–owned businesses, HUBZone
businesses, and others**

7

0.5%

21

1.7%

17

0.8%

* 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.

Sustainable Impact Scorecard†††2022 HP Sustainable
Impact Report

Small businesses

2020

Initial audits

Rates of conformance of sites audited, 2020 and 2022

101

Data in this table for 2020 is specific to production suppliers, except the following included in sustainability audits and otherassessments: 13 initial audits of nonproduction suppliers. Data in this table for 2021 is specific to production suppliers, except thefollowing included in sustainability audits and other assessments: two initial audits of product transportation suppliers and 33 initialaudits of nonproduction suppliers. Data in this table for 2022 is specific to production suppliers, except the following included insustainability audits and other assessments: 10 initial audits of product transportation suppliers, 20 initial audits of product reuse
and recycling vendors, 73 initial audits of nonproduction suppliers, two initial audits of HP operations sites, one follow-up audit of anonproduction supplier, 31 full re-audits of product reuse and recycling vendors, and one full re-audit of an HP operations site. Data for2020 and 2021 is not included in this table for product reuse and recycling vendors. See detail about our programs and performance inthat area.
** With the exception of train-the-trainer programs, HP only accounts for workers directly reached by our capability-building programs.
Number of workers reached each year depends on the programs executed: some programs address issues broadly across suppliers
and workers; other programs focus more narrowly on individual supplier sites or specific vulnerable worker groups. 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, and in 2021 we further expanded the scope to also include our customer
support operations.
*** Based on production-line workers at final assembly and select commodity sites participating in the HP KPI program. We continue toexpand the list of suppliers in the KPI program based on business risk, country risk, and identified nonconformances.
†
See Immediate priority findings for detail.
††
These totals are the number of workers as of the date of the site visit according to production supplier initial audit and full reaudit reports.
†††
Scores reflect performance against criteria that are updated periodically.

Average score—commodity suppliers

89%

89%

89%

Average score—final assembly suppliers

82%

85%

88%

Introduction

Our employees*
percentage of total

Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing

2020

2021

36.9%

37.3%

37.6%

Women managers**
Worldwide

2021

2022

White

65.6%

67.0%

64.2%

All minorities

U.S. executives, by ethnicity***

Women employees
Worldwide

2020

2022

29.7%

30.1%

31.0%

Global new hires, by gender

23.4%

24.2%

27.1%

Black/African American

4.2%

4.1%

4.4%

Hispanic/Latin American

6.3%

7.2%

7.0%

Women

35.8%

39.5%

40.7%

Asian

11.5%

11.9%

14.4%

Men

63.3%

56.5%

56.9%

Native American

0.5%

0.5%

0.4%

2.4%

Hawaiian/Pacific Islander

0%

0%

0%

Two or more races

1.0%

0.5%

0.9%

5.2%

8.7%

8.7%

Not disclosed/available

0.9%

4.1%

Global new hires in technical roles, by gender

Our employees

Women

27.6%

28.2%

31.4%

Not disclosed/available

Diversity, equity, andinclusion

Men

71.7%

67.5%

67.2%

U.S. new hires, by ethnicity

Not disclosed/available

0.6%

4.3%

1.4%

White

59.3%

51.1%

50.2%

All minorities

37.1%

44.8%

46.4%

Data
Digital Equity and philanthropy
Integrity
Appendix

102

U.S. employees, by ethnicity
White

63.1%

62.1%

61.2%

Black/African American

5.6%

9.2%

7.8%

All minorities

28.9%

30.8%

32.5%

Hispanic/Latin American

7.8%

10.8%

10.3%

4.0%

4.5%

4.8%

Asian

19.4%

19.5%

23.0%

0.8%

0.3%

0.2%

Black/African American

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Hispanic/Latin American

9.3%

9.6%

9.8%

Native American

Asian

12.9%

13.6%

14.6%

Hawaiian/Pacific Islander

0.0%

0.3%

0.6%

Native American

0.5%

0.5%

0.5%

Two or more races

3.6%

4.7%

4.6%

Hawaiian/Pacific Islander

0.1%

0.2%

0.2%

Not disclosed/available

3.6%

4.1%

3.4%

Two or more races

2.1%

2.4%

2.5%

Not disclosed/available

8.0%

7.1%

6.2%

*

Employee data refers to regular full-time and part-time employees. Data is as of October 31 of the year reported and excludes
employees from the Poly acquisition. Employees self-identify gender and race. In some cases, segments do not add up to total
due to rounding.
** Includes all management categories (supervisors, managers, directors, and executives).
*** As a percentage of U.S. personnel with the title of executive, formerly called vice president.

Introduction

World workforce (regular full time and part time) by age group, 2022*
30 and under

Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing

World workforce (regular full time and part time) by gender, 2022*
31–50

51 and overBy job level

Men

Women

Unknown

By job level

Executives**

0.0%

39.2%

60.8%

Executives*

70.0%

29.7%

0.3%

Directors

0.1%

50.5%

49.3%

Directors

65.3%

34.4%

0.3%

Managers***

1.0%

68.8%

30.2%

Managers**

69.4%

30.5%

0.1%

Professionals

13.4%

66.5%

19.8%

Professionals

62.0%

37.4%

0.6%

Other

31.0%

51.1%

16.6%

Other

55.2%

43.6%

1.2%

Total

14.8%

64.0%

21.2%

Total

61.7%

37.6%

0.7%

By function

By function

Engineering

9.7%

63.3%

26.8%

Engineering

76.4%

23.4%

0.2%

63.4%

28.2%

Sales

70.8%

28.6%

0.5%

Sales

8.0%

Our employees

Sales operations

19.8%

70.1%

9.5%

Sales operations

42.6%

55.9%

1.5%

Diversity, equity, andinclusion

Services

17.7%

58.8%

22.4%

Services

66.8%

32.0%

1.2%

Supply chain and operations

12.2%

66.8%

20.8%

Supply chain and operations

48.9%

50.7%

0.5%

Other

17.0%

64.3%

18.4%

Other

57.8%

41.8%

0.4%

Total

14.8%

64.0%

21.2%

Total

61.7%

37.6%

0.7%

Data
Digital Equity and philanthropy
Integrity* In some cases, segments do not add up to total due to non-disclosure of age by some employees.
** Based on business unit, this includes up to four levels from the CEO.
*** This refers to people managers below director level.

Appendix* Based on business unit, this includes up to four levels from the CEO. In some cases, segments do not add up to total due to rounding.
** This refers to people managers below director level.

Employees (regular full time and part time) by region and gender, 2022
Men

Women

Undeclared/
Unknown

Total

31,354

19,111335

50,800Americas11,544

6,295

80

17,919Asia Pacific and Japan

12,422

7,929

42

20,393

Europe, Middle East, and Africa

7,388

4,887

213

12,488Worldwide

103

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Introduction

Women

Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals
Advancing diversity in our
supply chain
Governance andaccountability
Human rights due diligence
Supply chain workers
Responsible minerals
sourcing

Employee turnover rate

Employees by employment type (regular full time and part time) and gender, 2022
%

Men

%

Undeclared

%

Total
Voluntary turnover rate

Executives*

99

29.7%

233

70.0%

1

0.3%

333

Men

6.6%

7.1%

Directors

365

34.2%

699

65.5%

3

0.3%

1,067

Women

5.8%

7.9%

Managers**

1,403

30.4%

3,212

69.5%

5

0.1%

4,620

Overall

6.1%

7.4%

Professionals

13,41337.0%

22,649

62.4%

228

0.6%

36,290

Men

2.9%

6.0%

Women

2.1%

7.0%

Overall

2.6%

6.0%

Other

3,538

43.5%

4,499

55.3%

97

1.2%

8,134

Subtotal

18,81837.3%

31,292

62.0%

334

0.7%

50,444

Part time
Executives*

0

0.0%

0

0.0%

0

0.0%

0

Directors

3 100.0%

0

0.0%

0

0.0%

3

Managers**

11

68.8%

5

31.3%

0

0.0%

16

Diversity, equity, andinclusion

Professionals

260

82.5%

54

17.1%

1

0.3%

315

Other

19

86.4%

3

13.6%

0

0.0%

22

Subtotal

293

82.3%

62

17.0%

1

0.3%

356

Total

19,11137.6%

31,354

61.7%

335

0.7%

50,800Digital Equity and philanthropy
Integrity* Based on business unit, this includes up to four levels from the CEO.
** This refers to people managers below director level.

Appendix

104

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

2022

Full time

Our employees

Data

2021

Involuntary turnover rate

Introduction***

Health and safety*
2020

2021

2022

Global

0.06

0.06

0.06

Americas

0.09

0.11

0.12

Advancing diversity in our
supply chain

Europe, Middle East, and Africa

0.11

0.06

0.05

0

0.13

0.01

Governance andaccountability

Leading causes of lost workdays (% of total)
Slips, trips, and falls

9%

23%

27%

Automobile accidents

25%

11%

24%

Struck by/against/cut by

18%

17%

12%

Ergonomics—materials handling

20%

17%

24%

Sustainable Impact
Climate Action
Human Rights
Sustainable Impact goals

Human rights due diligence
Supply chain workers
Responsible minerals
sourcing

Lost workday case rate**

Asia Pacific and Japan

Our employees

Overexertion—not materials handling

18%

3%

0%

Diversity, equity, andinclusion

Other

10%

29%

12%

Global

0.1

0.13

0.13

Americas

0.19

0.2

0.27

Data
Digital Equity and philanthropy
Integrity
Appendix

Recordable incidence rate***Europe, Middle East, and Africa

0.14

0.13

0.12

Asia Pacific and Japan

0.01

0.08

0.02

Slips, trips, and falls

16%

14%

21%

Automobile accidents

22%

6%

17%

Struck by/against/cut by

22%

24%

20%

Ergonomics—materials handling

11%

17%

23%

Ergonomics—office environment

4%

4%

4%

Other

25%

35%

16%

2.1

2.26

2.83

Americas

5.08

5.82

7.25

Europe, Middle East, and Africa

1.55

0.78

0.26

Asia Pacific and Japan

0.12

0.35

0.71

Leading causes of recordable incidents (with and without lost time) (% of total)

Lost time injury severity rate****Global1052022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

In some cases, segments do not add up to total due to rounding
Lost workday case rate is the number of work-related injuries that result in time away from work per 100 employees and contractorsthat HP manages working a full year. Rates are calculated globally using the Occupational Safety and Health Administration (OSHA)
definitions for recordability and OSHA calculation methodologies. The figures are based on employees working an average of
2,000 hours during a full year. The U.S. average in 2021 (the most recent data available) for the Computer and Peripheral Equipment
Manufacturing industry (NAICS #33411) was 0.1. Data is for the calendar year.
*** Recordable incidence rate is the number of work-related injury cases requiring more than first aid per 100 employees and contractorsthat HP manages. Rates are calculated globally using OSHA definitions for recordability and OSHA calculation methodologies. The
figures are based on employees working an average of 2,000 hours during a full year. The U.S. average in 2021 (the most recent data
available) for the Computer and Peripheral Equipment Manufacturing industry (NAICS #33411) was 0.3. Data is for the calendar year.
**** Lost time injury severity rate is the number of days lost due to injury per 100 employees and contractors that HP manages. Rates
are calculated globally using OSHA definitions for recordability and OSHA calculation methodologies. The figures are based on
employees working an average of 2,000 hours during a full year. Data is for the calendar year.

Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism
Data
Integrity
Appendix

106

DigitalEquity andphilanthropy

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP provides technology to support digital equity in education for girls.

Digital Equity and philanthropy
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide

Our mission
Accelerating equitable access to education, healthcare, andeconomic opportunity for those who are traditionally excluded
so they can participate and thrive in a digital economy.

HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism
Data
Integrity
Appendix

1072022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP aspires to help create a more equitableworld. We work to provide access to hardware,connectivity, digital literacy, and quality, relevant
content that enhances education, supports
healthcare innovation, and accelerates economic
opportunity. We pursue impactful programs,
strategic investments, and partnerships thatprioritize those most likely to experience the digital
divide: women and girls, people with disabilities andaging populations, historically disconnected andmarginalized groups, and educators and healthcare
practitioners. In 2022, the Aspen Institutecollaborated with HP to create the Digital Equity
Accelerator—an initiative that supports nonprofit
organizations bridging the digital divide. Along with
our strategic partners, our employees contribute
their time, resources, and skills to provide
important additional support to local communities.

HP’s commitment to creating positive,
lasting change for communities around theworld extends to how we design and deploy
products, solutions, and services. Our portfolio
is enabling better learning outcomes andaccelerating digital equity1 for millions of people
worldwide, while our strong focus on inclusive
design aims to ensure that everyone benefits
from our technology.
Our healthcare products and solutions aredesigned to expand digital health equity byaddressing challenges in healthcare, enabling
patient-first care, and boosting efficiency. Many
programs described throughout this report also
contribute to economic opportunity, such as our
supplier diversity efforts, HP LIFE, our oceanbound plastic work in Haiti, and our supply chain
capability-building programs.

Sustainable Impact goals
Goal

Progress in 2022

SDGs

Accelerate digital equity for 150 million people by2030, since the beginning of 20212

Accelerated digital equity for 21.3 million people. Learn more.

4, 5, 8

Enable better learning outcomes for 100 million
people by 2025, since the beginning of 20153

103.9 million students and adult learners have benefited
from HP’s education programs and solutions that advancequality learning and digital literacy, and enable better
learning outcomes, since the beginning of 2015 (including
30 million in 2022). Learn more.

4, 5, 8Enroll 1.5 million HP LIFE users between 2016
and 2030

Enrolled 731,000 since 2016. Learn more.

4, 5, 8Contribute US$100 million in HP Foundation andemployee community giving by 2025 (cumulative
since the beginning of 2016)4

Reached US$103.7 million in HP Foundation and employee
community giving. Learn more.

11, 17

Contribute 1.5 million employee volunteering hours
by 2025 (cumulative since the beginning of 2016)

Reached 950,000 employee volunteer hours. Learn more.

11, 17

Digital Equity

Community giving and volunteerism

Bridging the digital divide
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism
Data
Integrity
Appendix

In 2022, the Aspen Institute collaborated with HP tocreate the Digital Equity Accelerator, which helps
nonprofits scale innovative approaches to meetingthe needs of underserved communities affected by
the digital divide. The Accelerator offers capabilitybuilding grants, HP technology, a four-month
curriculum that includes access to a networkof leaders and mentors, and opportunities for
global exposure.
In its first year, seven NGOs in India, Morocco, andthe United States were selected for the program,including eSTEM Morocco. Hosting weeklong techcamps and annual international conferences, theorganization supports women and girls aged 8–18
to pursue education and careers in STEM fields.
eSTEM Morocco received a grant of US$142,000,
along with HP technology solutions through the
Accelerator, to support the launch of its Titrit
digital platform and reach more students acrossMorocco. The organization aspires to impact the
lives of 50,000 Moroccan girls by 2025.
Ikram is an 11-year-old girl enrolled with eSTEM
Morocco. When not supporting her mother’s egg
business in the small village of Oum Jnniba, Ikram
spends time at the local multimedia center feeding
her passion—learning mathematics and training tobecome a teacher. At the facility, she uses laptops
donated by HP to learn the skills that will help her
pursue a career in STEM.

108“Empowering Moroccan
girls for STEM careers andeconomic self-reliance isat the heart of our mission,
which is to go and findthousands of girls like
Ikram who are savvy fortech careers and provide
them continuous support
through the Titrit App.”
Nezha Larhrissi, CEO and co-founder of
eSTEM MoroccoWith its growing network of mentors, eSTEM
Morocco is just one of the Accelerator participants
inspiring the next generation to make an impact
on their local communities through digital
literacy. See Education to learn about the otherselected organizations. In 2023, the Accelerator
is expanding its programming to 10 organizations
from Malaysia, Mexico, and South Africa.

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Attendees of an event at the eSTEM Morocco Laptop
Distribution Operation Facility.

HP’s Digital Equity initiative
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism

Digital equity will be achieved when every person
has equitable and inclusive access to the tools,
skills, and knowledge needed to participate in thedigital economy.

Our Digital Equity strategy

2030 goal
Accelerate digital equity5 for 150 million
people by 2030 (beginning in 2021)
Progress through 2022
Accelerated digital equity for21.3 million people.

Data

1

Integrity

Digital equity
requires:Appendix

What does it mean to be a just company?
Collaborating, listening, iterating: early lessons
from the Digital Equity Accelerator. Learn more.

Go Beyond109

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

2

3

4

Digital equity enables
more equal access to:

We are driving digital
equity through a wide
range of programs,
collaborations, andinvestments, including:•

Hardware

We focus on groups
that face the biggest
divide, such as:•Connectivity••

Quality, relevant content••

Digital literacy•

Education

Women and girls•

Healthcare

People with disabilities andaging populations•

Economic opportunity•

Historically disconnected
and marginalized groups•

Educators and healthcare
practitioners•

The Digital Equity Accelerator,
in collaboration with the
Aspen Institute•Strategic partnerships
and programs•

HP Foundation grants•

Corporate product donations•

Employee volunteering

Education
2025 goal

Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism
Data
Integrity
Appendix

1102022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Women and girls

Education is a fundamental human right andfoundational to sustainable development.
Technology can be a great equalizer by bringing
quality digital learning to people where they live,
which is vital in a rapidly evolving digital worldthat calls for flexibility, intercultural connection,
24/7 collaboration, and lifelong learning. For
people everywhere, especially underserved
groups, equitable access to opportunity andoutcome-based learning experiences are key
to building skills for work and participation
in society.

Achieved

Enable better learning outcomes6 for
100 million people by 2025, since thebeginning of 2015
Progress through 2022
103.9 million students and adult learners havebenefited from HP’s education programs andsolutions that advance quality learning anddigital literacy, and enable better learning
outcomes (including 30 million in 2022).

We reached our goal three years early to enable
better learning outcomes7 for 100 million people by2025, since the beginning of 2015 (and will therefore
not report progress in coming years). More thanhalf of the people we reached can be directly
attributed to sales of desktops, notebooks, andworkstations to educational institutions. Other
key initiatives and strategic partnerships that
contributed to achieving the goal include Girl
Rising, NABU, 1 Million Teachers, Semangat Guru,
HP Printables, and HP Online Teaching Assistant.

More than 130 million girls around the world arewithout access to education, and women accountfor two-thirds of the 750 million adults lacking
basic literacy skills. A recent World Bank study
concluded that, as well as widening the gender
equity gap, such barriers can cost countries
between US$15 trillion and US$30 trillion in lost
lifetime productivity and earnings.8 We partner withand support global organizations including more
women and girls in education.
Since 2019, our partnership with Girl Rising has
equipped over 14.4 million students and teachersin India, Nigeria, and the United States with a new,inclusive curriculum and innovative technology
solutions. In 2022, we reached more than 7.4 million

people, including 6.3 million through Girl Rising’s
partnership in India with NGO Slam Out Loud, whichuses the arts to build skills such as communication,
critical thinking, and empathy among children fromdisadvantaged communities.
We also support Future Rising, Girl Rising’s
interactive storytelling hub and social action
campaign for addressing the interconnectedissues of educating girls and addressing climatechange. In 2022, we supported the young cohort of
Future Rising Fellows.

Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism
Data• Douar Tech provides women aged 18–35 fromrural and urban-adjacent communities withtraining in skills that are essential to thrive in adigital world, including social entrepreneurshipand app development.
• eSTEM Morocco helps women and girls aged
8–18 in 12 regions to pursue education andcareers in science, technology, engineering, andmathematics (STEM), including by catalyzing thedevelopment of more than 70 mobile applications
by Moroccan girls.
We collaborate with MIT Solve, an initiative of
the Massachusetts Institute of Technology (MIT)that seeks social entrepreneurs who are using
technology to solve world challenges. In September
2021, we launched the “Girls Save the World”
prize for the Solv[ED] Youth Innovation Challenge,
asking women and girls aged 13–18 to submit
ideas to address local environmental issues, suchas water pollution, air quality, and deforestation,offering the chance to win HP technology packages
and funding from a US$50,000 prize pool. The
Challenge received more than 800 applications
from 148 countries. Of the 10 finalists selected inspring 2022, the winning entry was a solar-powered
fingerprint scanner that uploads biometric data
to a blockchain, providing a digital proof of identity
untethered to internet access or electricity.

Integrity
Appendix

111

The Digital Equity Accelerator’s 2022 cohort
includes two Moroccan organizations that are
helping to drive progress for women.

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Girls Save the World competition winner’s lowcost, solar-powered fingerprint scanner could
give women in developing countries proofof identity without access to the internet or
electricity. Learn more.

Go Beyond

Want to stop climate change? Educate girls.
Girls and women are the world’s frontline
defense against climate change. Learn more.

Go BeyondPeople with disabilities and aging populations
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism
Data
Integrity
Appendix112

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Inclusive technology is vital for achieving digital
equity. As well as designing more accessible
products, we engage in projects that help learners
with different abilities thrive.

The Digital Equity Accelerator’s 2022 cohort
includes two organizations that advancetechnological inclusion for people with disabilities
and aging populations.

With help from an HP Foundation Imagine Grant in
2019, Disability Impact Network Japan continued
its work on the Children’s Dream Library Project
to create 1,300 multimedia e-books, combining
text from existing books and audio, for children
with print disabilities. HP’s funding supported theadaptation of 30 titles to this format in 2022, withsupport provided by nearly 90 HP volunteers.

• Fourth Wave Foundation uses technology tohelp children with disabilities and special needs
across 33 districts of Karnataka, India, to advancein their educational journeys.
• Oasis Institute serves older adults in hundredsof communities throughout the United Statesby providing technology tutoring and lifelong
learning classes.

HP is a founding member and ongoing corporate
member of IAAP (International Association ofAccessibility Professionals), a nonprofit divisionof G3ict (Global Initiative for Inclusive Information
and Communication Technologies) that advances
the accessibility profession through certification,
education, and networking.
With no commute, more control, and assistive
technologies, hybrid working can transform thework experience for people with disabilities.
Learn more.

Go BeyondHistorically disconnected and marginalized groups
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism
Data
Integrity
Appendix

113

We aim to advance diversity, equity, and inclusion
at HP and beyond. HP has set numerous goals
in this area, including to complete STEM pilots
in target communities with channel partners
and suppliers. In 2022, through our collaboration
with MIT Solve, we began our support for theBlack & Brown Innovators in the U.S. Program.
Building on the 2021 U.S. Challenge on Antiracist
Technology, the initiative’s work focuses on
equity for underserved and underestimatedcommunities in the United States. It will include
solutions led by Black and Brown innovators in the
United States for each 2022 Global Challenge. In
addition, teams will receive culturally responsive
support and partnership opportunities, andparticipate in the annual Indigenous and Antiracist
Innovators Summit.
Nonprofit NABU works to improve childhoodliteracy and confidence in marginalizedgroups by publishing books in children’s native
languages. HP partnered with NABU to establish
the HP Creative Lab at the Kigali Public Library in
Rwanda to train more than 200 African authors
and illustrators to publish hundreds of books forchildren each year. In 2022, we produced 342
books with NABU, reaching more than 2.9 million
children. In 2023, we plan to open additional HP
Creative Labs in Miami, Florida, United States,
and the Philippines.

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

The Digital Equity Accelerator’s 2022 cohort
includes three nonprofits increasing digital
equity in historically disconnected andmarginalized groups.
• e4 Youth provides mentorship for youth inunderserved U.S. communities to create a path
toward creative and tech industry opportunities.
• Mobile Pathways helps immigrants to the UnitedStates gain access to reliable legal information
about the numerous pathways to immigration via
mobile phone technology.
• Digital Empowerment Foundation empowers
people in India to gain access to better
healthcare, education, skills, and livelihood
opportunities by providing accessible digital tools
and through promoting digital literacy.
HP’s eight Literacy Attainment Coach pilot
programs help to drive digital equity by increasing
literacy levels among youth and adults. With
support from local government and NGO partners,
the six-to-nine-month pilots launched in Angola,
Ghana, Kenya, Liberia, Nigeria, Rwanda, South
Africa, and The Gambia. Participating schools
receive professional development, ongoing
diagnostic assessments, targeted instruction,and teaching and learning resources.

HP’s partnership with NABU helps to improve child literacy in Rwanda.

Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism
Data
Integrity
Appendix

114

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

To promote understanding of sustainabilityrelated issues among young people, in 2022, HP
collaborated with Türkiye-based NGO TURMEPA to
educate children in public schools about single-use
plastic and climate change. Through workshops
and local-language videos made available on
Türkiye’s Ministry of Education platform, theinitiative reached approximately 464,000 children.
Communities in remote areas are particularly
likely to experience a digital divide, necessitating
tailored responses. In collaboration with the Indian
government’s Digital India initiative and otherprivate-sector partners, the HP World on Wheels(WOW) program brings internet-enabled, solarpowered mobile learning labs to remote areasof India. Supporting digital literacy, education,
entrepreneurship, and citizen services, theinitiative works with people in rural and semirural communities. Each 20-seat WOW vehicle
is equipped with HP computing and printing
technology, as well as software and e-learning
tools. In 2022, HP WOW mobile learning labs
directly benefited approximately 650,000 peoplein villages throughout the country.9

The HP Accessible Learning for All (ALFA) project,also in India, aims to reduce the digital divide
by empowering students at state-run or statesupported schools through digital classrooms that
improve access to digital learning. The initiativeplans to launch more than 2,000 classrooms by
mid-2023, each equipped with screens, content,
computing devices, printers, and other tools that
integrate technology into learning. HP ALFA will
also conduct teacher training to help schools
effectively use these new facilities and resources.
By April 2023, approximately 520,000 students had
benefited from this program since its launch in
September 2022.

Preserving apeople’s history
Through our partnership with the World
Alliance of YMCAs, we are addressing thedigital divide by giving scores of people
access to HP LIFE’s courses for entrepreneurs.
Learn more.

Go Beyond

In India, we launched the HP Continued
Learning Access Program (CLAP) in December
2021. Designed to provide continued learning
opportunities to students impacted by events
such as natural disasters or pandemics, HP CLAP
vehicles support low-income communities. Eachvehicle is equipped with computers, networking
equipment, and power generators. Two-hundred
forty learners are provided with access to alaptop for 3.5 hours a day to study from preloaded
course content. During 2022, HP CLAP reachedapproximately 220,000 students.
We launched the HP Continued Learning Access Program (CLAP) in India in December 2021.

HP recently worked with members of the
Picuris Pueblo people of New Mexico, UnitedStates, to digitally preserve a number ofimportant tribal artifacts. Through 3D scanningand imaging, these items can now be displayed
virtually at the American Museum of Natural
History, making them more accessible forthe interaction and education of future
generations. Learn more.

Educators
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education

Enabling digital equity around the world depends
on empowering educators. HP’s initiatives andpartnerships are helping to create the conditions
needed for learners to thrive. Initiatives during2022 included:• HP Innovation and Digital Education Academy(IDEA): HP IDEA is a network of innovative
teachers who are using technology to deliver
powerful learning outcomes. In 2022, HP IDEA
positively impacted approximately 390,000
students in 378 schools worldwide.

Healthcare
Community giving
and volunteerism
Data
Integrity
Appendix• Developing the skills of the future: Nowa
Akademia is a free e-learning platform run
by Polish nonprofit Fundacja Media 3.0 andsupported by HP. The platform offers Polishtranslations of HP LIFE programs, as well as
webinars, podcasts, and blog content aimed
at bridging the digital divide. In 2022, Nowa
Akademia positively impacted more than
24,000 students and teachers.

• Empowering Indonesian educators: In
partnership with Indonesia’s Ministry of
Education, Culture, Research, and Technology(MOECRT), HP’s Semangat Guru teacher learning
program is designed to upskill Indonesianteachers and education personnel, helping
them adapt to digital transformation and hybrid
learning, and enhance the six C’s: criticalthinking, creativity, collaboration, communication,
computational logic, and compassion. In 2022,
177,000 teachers attended a set of five webinars,
with recordings and self-paced learning also
made accessible to teachers associated with the
MOECRT learning management system.
• 1 Million Teachers: In partnership with Girl
Rising, HP is collaborating with 1 Million
Teachers in Nigeria and Kenya to deliver theBlack Belt Program, designed to empower
teachers to support students and advancetheir right to quality education by providing
skills, resources, and mentors. The training
includes personal and professional development,
gender-responsiveness, and special education.
During 2022, the initiative enrolled more than
12,200 teachers.

7.6 million

HP shipped approximately 7.6 million
PCs to schools in 2022.

115

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Recognizing people
who inspire
In New York, inequalities led a community
organizer to start Parents Supporting Parents
to bring laptops directly to students in need.
Learn more.

Go BeyondTeaching tech to teachers is more important
than ever: as educators develop their own
skills, students gain new ways to learn,collaborate, and create. Learn more.

Go Beyond

In 2022, the inaugural Africa Education Medal
was awarded to Professor Mamokgethi
Phakeng, vice-chancellor of the Universityof Cape Town, South Africa, and among theworld’s leading scholars in mathematics
education. HP is the Founding Partner of
the award, helping honor and celebratechangemakers and innovative educators
across Africa, thereby inspiring others to takeon the torch and enable a better future forevery child on the African continent.

Industry solutions
Introduction
Sustainable Impact
Climate Action
Human Rights

HP’s education programs build on the strength of
our innovation to deliver cutting-edge computing
and digital printing solutions and outcomebased learning experiences that support remotelearning and help people thrive in a rapidly evolving
digital world.

Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education

HP Modular Tech
Hubs

Healthcare
Community giving
and volunteerism
Data

Campus of the Future

HBCU Technology Conference

HP Grants Support Program

HP’s Campus of the Future framework createsvibrant environments for teaching, learning,
research, and collaboration. HP and EDUCAUSE arecollaborating with more than two dozen colleges
and universities, ranging from elite R1 research
institutions to technical colleges and historicallyBlack colleges and universities (HBCUs), providing
cutting-edge technologies alongside financial
and technical support. These collaborations have
explored e-sports, 3D printing, extended reality(XR), data science, and machine learning to identify
the technologies with the greatest potential foradvancing teaching, learning, and research.

In 2022, we hosted the second HBCU Technology
Conference. The goal of the conference was to help
university leaders, IT professionals, faculty, staff,
and students learn about digital transformation,
the future of work, cybersecurity, sustainability,and diversity in the technology sector—andultimately increase the number of Black/African
American engineers in the workforce. Nearly
1,200 participants from 86 institutions joined
the virtual conference, which presented over
53 hours of content from 135 presenters. As wellas an interactive symposium, the Future of Work
Academy student experience at the conference
included a Career Accelerator and e-sports,
health IT, and marketing innovation incubator
student competitions.

In 2022, the HP Grants Support Program provided
educational institutions and nonprofits with freeaccess to quality grants research and consulting,in collaboration with Grants Office LLC andwith funding support from AMD and Microsoft.
During the year, 94 primarily education-focusedorganizations, including libraries, K-12 school
districts, community colleges, and elite research
institutions, used the program’s services to pursue
more than US$8 million in STEM-related and othergrants to improve student outcomes and help closethe digital divide. About US$1.8 million in grants wasawarded in 2022.

During 2022, we supported development of thefollowing case studies:

Integrity
Appendix• XR Success in Vocational Training: The
Conservatoire National des Arts et Métiers• XR in Health Care: How Michigan Medicine
Provides a Safe Space to Practice HighStress Environments
To help meet the demand for technology in
educational settings, we are providing HP
Modular Tech Hubs to schools in Southeast
Asia, enabling students to use HP PCs tolearn coding and Microsoft Office skills. The
program also includes training to support
teachers to improve learning outcomesthrough technology. As of October 2022, HP
had launched seven hubs in Indonesia, twoin Vietnam, and one in Malaysia, and reachedmore than 20,000 students.

116

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

In December 2022, HP sponsored the Florida
International University Inclusive Campus of the
Future conference and workshop, an in-person
event for 50 representatives from industry,NGOs, academia, and government to shareand collaborate on how emerging technologies
can address diversity, equity, and inclusion
challenges in minority-serving institutions (MSIs).
A free webcast was also provided to remoteparticipants, and video archives of the keynotes,
panels, and sessions are publicly available on theconference website.

Future of Work Academy
To create awareness and generate interest among
students of HBCUs, MSIs, and community andtechnical colleges (CTCs) about future-of-work
trends, the HP worldwide education team createdthe Future of Work Academy (FOWA). In 2022, HP
hosted 46 workforce and career skills development
sessions presented by 75 different technology
professionals to ensure students have access tothe skill sets of the future and can navigate thevolatility, uncertainty, complexity, and ambiguityof the digital transformation. Over 1,100 students
registered from across 75 HBCUs and CTCs.

Healthcare
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism
Data
Integrity
AppendixAcross our portfolio, HP innovations focus on
meeting specific challenges in the healthcare
sector and narrowing the digital divide. Our
solutions are designed to empower hybrid
connected care teams to provide patientfirst, personalized care, boost efficiency, andincrease access for underserved populations.

Health and wellness
The call to protect and strengthen patient healthand wellness, lower infectious disease rates,and bolster digital equity has intensified. To
help healthcare organizations mitigate the risks
and elevate digital equity, HP HEALTHCARE has
launched new patient-first technologies andinitiatives that drive patient safety, wellbeing, anddigital equity across the globe.
Although digital innovations are changing the faceof healthcare, there remains a stark digital divide.
Too many patients living in rural, socioeconomicallychallenged or marginalized communities lack therequired technology and connectivity to benefit
from engaging in their own healthcare.10 Leveraging
digital health tools requires more than justaffordable access; it also requires digital literacy—
the knowledge and ability to successfully use
these technologies.

Reducing healthcare-associatedinfection rates
Healthcare-associated infections (HAIs) are themost frequent adverse event in healthcare delivery
around the world. In 2022, of patients in acute-care
hospitals, 7% in high-income countries and 15% in
low- and middle-income countries will contract atleast one HAI during their stay.11
HP builds select PC and print solutions andservices that can withstand powerful, U.S.
Environmental Protection Agency–registered, CDCapproved, hospital-grade disinfectants,12 helping
ensure healthcare teams can follow through with
infection-prevention policies and protocols to
promote patient and worker safety.

Narrowing the healthcare digital divide
with intentional technology and innovation.
Learn more.

Go BeyondTo drive digital equity in healthcare, we aim tosupport solutions and organizations that address
barriers such as access to devices and softwareand the technical or digital skills needed to use
these tools effectively. For example, the Digital
Equity Accelerator, an initiative of the Aspen
Institute, in collaboration with HP, is supporting the
Oasis Institute to advance healthy aging for older
adults in the United States. See also Education.
When a personal health crisis led to a search
for a culturally competent provider, a leader
was spurred to launch a platform that seeks
more equitable healthcare access. Learn more.

Go Beyond

117

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Introduction
Sustainable Impact
Climate Action

E-health services
going further

Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism
Data
Integrity
Appendix

The HP Common Service Lab (CSL) initiativeis designed to provide healthcare, education,and other citizen services to hard-toreach locations in India. Housed in solarpowered shipping containers, CSL centers
are accompanied by a general healthcare
practitioner, enabling a range of healthcare
services to be provided directly, such as
general assessment, eye tests, and COVID-19
vaccinations. If a case is complicated,
specialists can be contacted virtually via videousing CSL’s telemedicine features. Across allservices, HP CSL reached 8,700 people in 2022.
Learn more.

118

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Community health in India
As part of our sustained efforts to support thehealth and wellbeing of our local communities, in
2022 we launched Project Aarogya in Bangalore
and the National Capital Region (NCR) in India
to provide regular health-screening “camps” inconvenient community locations. Each site isequipped with an ambulance, a full-time doctor, apharmacist, medicines, and medical equipment.
As well as providing patient screening and on-site
medicine distribution, the project acts as a link tosecondary and tertiary care. Through 2022, morethan 14,000 people had directly benefited.
In Pantnagar, India, HP collaborated with the local
police force to create a COVID-19 Control Roomin 2022. Through the end of the year, over 160,000
people attended the center for a second or third
vaccination or a dengue awareness session.

Care innovation
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism

Advanced technologies are leading healthcare
providers to breakthrough value-based careinnovations. Driven by the COVID-19 pandemic andvalue-based care and their impacts on healthcare
quality and equity, advanced technologies are
giving healthcare organizations the power
to close supply chain gaps, drive stronger
patient engagement, train clinicians outside ofclinical settings, and bring new treatments tomarket faster.

Specialty printing andtechnology solutions
Pharmaceutical companies, drug manufacturers,
hospitals, medical laboratories, and pharmacies
need a wide variety of high-quality variable datacoding and marking print solutions and color labels.
HP inkjet systems enable human- and machinereadable codes and marks to be printed directlyon packages, enhancing product identification andsecurity. For example, personalized, color-printed
labels for medicine bottles give patients more
information, such as a photograph of the medicine.

Data
Integrity
AppendixHP’s advanced inkjet technology has alsoenabled us to create a platform to accelerate
pharmaceutical drug research for diseases suchas cancer. HP’s inkjet-based Life Science products
reduce manual steps and simplify complex
processes to save time, reduce plastics waste,conserve precious fluids, and ultimately speed up
the critical research required for drug discovery.

1192022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

The HP D300e Digital Dispenser is used in labs
around the world to precisely dispense, or “print”,
very small (picoliter) quantities of drugs at
different concentrations into test tubes to enable
scientists to rapidly test potential drugs at various
concentrations to determine optimal dosages.
Using the same powerful HP inkjet technology
found in the HP D300e, in 2023, HP announced
the U.S. launch of its new HP D100 Single Cell
Dispenser to rapidly and precisely dispense
single cells to enable research labs to speed
their understanding of metabolic changes “cellby cell.” Compared to studying a population ofcells together, analyzing a single cell provides
more accurate insights, which helps scientists
make better decisions in fields such as drug
development by providing more thoroughknowledge of disease pathways. Applications forthe product include proteomics, genomics, and cellline development.

3D printing
3D printing has the potential to transform
healthcare by replacing highly variable, manual
processes with accurate, consistent digital
workflows and additive manufacturing. Advancesin 3D printing enable transformative approaches
to healthcare and medical devices. HP technology
is being used to create anatomical models,
highly customized dental aligner molds, tailoredorthoses and prosthetics, and a wide range of
medical equipment.
For example, podiatrists and orthotists using
HP’s 3D Arize Orthotic Solution can capture 3D
renderings of a patient’s foot, then fine-tune
and prescribe personalized orthoses for theirpatients—all in less than five minutes.13 The
solution, which was extended directly to consumers
in December 2022, simplifies production and aims
to help reduce carbon emissions and waste. It also
allows patients to receive customized orthoses
within two weeks.
We are also expanding our 3D printing offerings
with engineering-grade white part production fora range of industries. This color expands productapplications in medical settings and increases
customer satisfaction. With very good resolution
and new coloring options, this material will enable
a new generation of advanced orthotic andprosthetic custom devices.

What is microfluidics? HP has launched aseries of tech explainers on the technology
shaping our world. Learn more.

Go BeyondLearn more about healthcare and medical
3D printing.

From insoles for foot pain to casts and splints,
3D printing is shaping a new era of customized
care and making one-size-fits-all a thing of thepast. Learn more.

Go BeyondPrint solutions
HP HEALTHCARE print solutions help to support
patient wellbeing and safety, care coordination,
mobility, privacy, and security. The portfolio offers
Basic Print Cloud Services delivered through HP
Print Security Advisory Services and HP Security
Manager,14 providing patient data protection
to all HP devices, with the added protectionof PrintSecure on Zebra wristband printers.
Learn more.

Introduction
Sustainable Impact
Climate Action

Community
giving andvolunteerism

Focus areas

Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism
Data
Integrity
Appendix

We work to accelerate digital equity, connect
communities to greater economic and social
opportunity, and bring technology-related
learning experiences to underrepresented
and underserved communities worldwide. Byleveraging our technology, scope, and scale,
together with strategic local and international
partnerships, we create positive impact in
the communities where we live, work, anddo business. Corporate contributions, theHP Foundation,15 and employee giving andvolunteerism are central to our approach. See
HP’s Global Charitable Contributions Policy.

2025 goal

Technology-enablededucation andskills-building

Achieved

Environmental
stewardship, resilience,and disaster recovery

Contribute US$100 million in HP Foundationand employee community giving16 by 2025
(cumulative since the beginning of 2016)

Inclusion andempowerment forunderrepresented andmarginalized groups

Progress through 2022
Reached US$103.7 million in HP Foundationand employee community giving.

How we supported our communities in 2022

US$44.08
millionin cash contributions
and products

1202022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

US$11.14
millionin HP Foundation
cash contributions

US$3.00
millionin employee giving

258,000
hours
volunteered by 15,600
employees

HP Foundation programs
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism
Data

HP LIFE: Learning andemployment opportunities
for aspiring entrepreneurs
To help accelerate digital equity and build skills
for the future, the HP Foundation provides corebusiness and IT skills training free of charge forstart-ups, students, and small businesses through
HP LIFE. The program offers global access to morethan 30 free courses in eight languages, available
online and through a mobile app. In 2022, 198,000
new users registered on HP LIFE, 21% more than in
2021. All HP LIFE courses are compliant with Web
Content Accessibility Guidelines 2.1.
We partner with world-class organizations
to expand the impact of HP LIFE. See HP LIFE
success stories.

Integrity
Appendix

2030 goal
Enroll 1.5 million HP LIFE users between 2016
and 2030
Progress through 2022
Enrolled 731,000 since 2016.

BeChangeMaker: Empoweringsocial entrepreneurs

The digital business skills provided
through HP LIFE’s free courses helped one
executive secretary in Nigeria to become anentrepreneur, gaining fulfillment and creating
opportunities for her community. Learn more.

Go Beyond
Entrepreneurial Skills Development Initiative
for the SDGs
The United Nations Development Programme, inpartnership with the HP Foundation, is working tofoster IT and core business skills development,
while supporting entrepreneurial learning andproviding related educational resources, forexample through the Entrepreneurial Skills
Development Initiative for the SDGs. The program
is collaborating with six universities in Egypt todeliver capability building to educators through
HP LIFE.

Extending HP LIFE with Junior Achievement(JA) Worldwide

1212022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

In 2022, HP continued our partnership with JA
Worldwide in Brazil, Bulgaria, Colombia, Greece,
Hungary, Indonesia, Peru, Romania, Spain, Tunisia,
and Türkiye. Through this partnership, 19,900 newusers participated in HP LIFE courses during
the year.

In partnership with WorldSkills International, HP
LIFE hosts an annual BeChangeMaker businesspitch competition. Teams of participants aged
18–35 use HP LIFE courses to develop their social
venture ideas related to the UN Sustainable
Development Goals, create a viable businessmodel, and pitch their concept to HP employees
who serve as mentors and judges. In 2022, HP andWorldSkills hosted:• BeChangeMaker Global, with the top six
teams chosen from more than 200 applicants
representing over 50 countries and regions. The
winning team—Happy Pads—pitched a project todevelop affordable, sustainable sanitary products
for women and girls.
• BeChangeMaker Africa—for the third year—
selecting the top six entrants from more than
150 applications across 32 countries. Team
EMaâlem, of Morocco, took first place with an
idea for a platform to help artisans promoteand sell their products online. This was oneof around 30 applications that proposedsocial entrepreneurship initiatives to tackle
social and developmental challenges on the
African continent.

Imagine Grants
Through the HP Foundation’s Imagine Grants,
HP leaders and country managers allocate cash
grants to local nonprofits in support of HP’s
Digital Equity goal. In 2022, we fulfilled US$1.18
million in Imagine Grants worldwide, to enable
the purchase of technology or the provision ofaccess to connectivity, or to support technologyrelated education.

US$1.18
millionin Imagine Grants worldwide, toenable the purchase of technology
or the provision of access toconnectivity, or to support
technology-related education

Disaster recovery and resilience
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divideHP, our employees, and the HP Foundation together
provide financial support for communities affectedby natural disasters and emergencies. In 2022,
we gave US$4.1 million in disaster relief funding,providing assistance to those affected by the war
in Ukraine, helping to alleviate the impact of floods
in Bangladesh and Pakistan, and aiding thoseaffected by wildfires, flooding, and hurricanes in
the United States, among other projects.

During the year, we worked with strategic
partners, including the American Red Cross, theInternational Federation of Red Cross and Red
Crescent Societies, Save the Children, UNICEF,
and the UNHCR. HP Foundation is a member of theAmerican Red Cross Disaster Responder Program,a partnership that supports disaster relief byinvesting in emergency preparedness resources
before they are needed.

Supporting Ukraine

HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism
Data
Integrity
Appendix

Following Russia’s invasion of Ukraine, HP and our
employees moved quickly to respond by giving
products, money, and time to support refugees
and displaced people.
Recognizing the serious digital equity impact
on people forced away from their homes, during2022 and 2023 we donated more than 76,000
laptops, worth over US$30 million, in collaboration
with the Global Business Coalition for Education.
We made these devices available to support
educators and students, healthcare personnel,
and skills-training professionals to ensure
continued access to vital services.
Complementing these product donations, HP
Foundation made grants totaling US$3.3 million
to local NGOs supporting refugees and relief

1222022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP’s Innovation & Digital Education Academy(IDEA) provided special trainings to support
teachers after the early 2023 earthquakes in
Türkiye. Learn more.

efforts as well as the UN High Commissioner
for Refugees (UNHCR) and UNICEF. The HP
Foundation and HP employees provided morethan US$500,000 to support the UNHCR, UNICEF,
and 20 other NGOs providing Ukrainian relief.
HP employees across Central and Eastern Europe
responded by helping hundreds of refugees
fleeing across the border. They volunteered at
local shelters and train station assistance points,
collected vital items, provided food and drink,helped sort deliveries of aid, and made manyother individual contributions.
Learn more about how HP’s partnerships canadvance digital equity for refugees.

Employee volunteerism
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide

HP taps into the talents, passions, andentrepreneurial spirit of employees to make adifference in our communities. In 2022, 15,600
employees contributed a record 258,000 hours to
local volunteer efforts in 60 countries, with a valueof US$16.17 million—representing approximately a
90% increase compared to 2021.17 HP employees
are granted four hours’ paid volunteer time
per month.

HP’s Digital Equity initiative
Education
Healthcare
Community giving
and volunteerism
Data
Integrity

2025 goal
Contribute 1.5 million employee volunteering
hours by 2025 (cumulative since the beginningof 2016)
Progress through 2022
Reached 950,000 employee volunteer hours.

Appendix

40 Days of Doing GoodIn 2022, more than 4,900 employees in 53 countries
participated in HP’s annual 40 Days of Doing Good
campaign—our annual, global volunteering push.
Employees volunteered around 43,000 hours,
supporting 245 projects. In alignment with ourgoal to accelerate and advance digital equity,
the HP Foundation complemented these efforts
with grants to support the work of education- andtechnology-related learning charities nominatedby our employees. For example, 30 HP employees,
in partnership with the HP Pride Business Impact
Network, supported Refugio Casa Frida in Mexico.
The charity assists LGBTQ+ refugees throughemergency housing, mental health and wellbeing
support, and access to resources and training. The
HP team selected 10 HP LIFE courses, matchedto participants’ needs, and delivered themthrough 60-minute Zoom sessions. See Data for
detailed figures.

43,000employee volunteer hours during
40 Days of Doing Good, supporting
245 projects

1232022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP empowers its employees to support their communities.

Data
Community giving and volunteerism

Introduction

Progress related to HP Digital Equity goals*
2020

2020

2021

2022

Social investment* (US$ million)

34.87

29.06

71.39

People for whom digital equity was accelerated**Company cash contributions

3.71

10.44

10.08

HP Foundation cash contributions

9.88

6.96

11.14

Students and adult learners benefiting from HP’s education programs
and solutions***

Products**

13.86

3.08

34.00

Services***

7.42

8.58

16.17

Social investment (% of net earnings)

1.23%

0.45%

2.23%

Education

U.S. employee contributions to Cash Matching Program (US$ million)

2.65

2.65

3.00

Healthcare

HP Foundation contributions to Cash Matching Program (US$ million)

3.66

2.73

3.70

Community giving
and volunteerism

Employee volunteer hours

127,000

136,000

258,000

Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Sustainable Impact goals
Bridging the digital divide
HP’s Digital Equity initiative

Data
Integrity
Appendix124

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact*

Social investments include all corporate giving made to nonprofit organizations from HP plus the valuation of employee volunteer
hours. Data excludes contributions to the HP Foundation and employee donations but includes HP’s matching contributions andcontributions from the HP Foundation to other organizations.
** Product donations are valued at the internet list price. This is the price a customer would have paid to purchase the equipment throughthe HP direct sales channel on the internet at the time the grant was processed.
*** “Services” equals the valuation of HP employee volunteer hours. Valuation rates are based on figures provided by Chief Executives for
Corporate Purpose (CECP) (for the skills-based rate) and Independent Sector (for the hands-on rate).

HP LIFE users enrolled

2021

2022

N/A

4,253,000

17,096,000

20,785,000

24,038,000

29,519,000

155,000

163,000

198,000* HP LIFE users enrolled data is also included in each of the other two metrics.
** 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 basedon estimates using multipliers. 2022 data includes a small amount of 2021 data that was not available at the time of publication of the2021 HP Sustainable Impact Report.
*** 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.

Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity

Integrity

Ethics and anti-corruption
Privacy
Public policy
Product safety
Appendix

1252022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP employees at our facility in Houston, Texas, United States.

We are committed to acting with integrityin everything that we do. We seek to treat
everyone with respect and to uphold our ethicalstandards through strong policies and corporate
governance. We regard privacy as a human rightthat is fundamentally important to our customers
and partners, as well as a growing source ofcompetitive advantage. In our engagement withgovernments and others, we align our public policy
advocacy with both our business interests and ourcompany values. We are committed to creating
high-quality products that are safe to use, seeking
opportunities for improvement, and sharing
extensive safety information online.

Introduction
Sustainable Impact
Climate Action

Ethicsand anticorruption

Human Rights
Digital Equity and philanthropy
Integrity
Ethics and anti-corruption
Privacy
Public policy
Product safety
Appendix

We expect everyone at HP to meet the highest
ethical standards and to treat others withintegrity, respect, and fairness. A strong
commitment to our values underpins ourefforts, reinforced by in-depth training andcommunication, and upheld through targeted
policies and strong governance. Conducting
business with purpose and integrity is central
to our culture. In 2023, Ethisphere recognizedHP for the fourth consecutive year, naming us
one of the World’s Most Ethical Companies™.
HP is committed to complying with allapplicable laws and regulations everywhere we
operate. We also require ethical conduct by our
suppliers and partners, and capitalize on our
scale and influence to drive progress acrossthe broader IT industry. See Human rights due
diligence and Supply chain workers.

EthicsTraining and communication
The annual training on Integrity at HP—ouremployee code of conduct—covers key policies,
procedures, and high-risk issues employees might
face, incorporating scenarios based on actual
investigations. During 2022, the course included
content on HP’s culture, raising concerns, anticorruption (with additional content for employees
in sales, finance, government relations, partnerfacing, and public sector roles), conflicts of interest,
charitable contributions, accurate businessrecords, insider trading, protection of confidential
information, anti-retaliation, and nondiscrimination.
The training also included additional content
for managers. All HP employees are required tocomplete the training each year.

During 2022, all 13 members of HP’s Board of
Directors received Integrity at HP content relevantto their positions, and certified that they had
read it.
Regular training, newsletters, virtual coffee talks,
and communications campaigns reinforce thevalues of Integrity at HP and keep ethical practices
top of mind throughout the year. In 2022, welaunched our interactive code of conduct, which
offers employees another way to access ourpolicies, definitions, and other resources. Analytics
about employee use of this resource inform ourcommunications and training strategy. In 2022, theEthics Office expanded and updated content on
Integrity Central, our employee-accessible libraryof ready-to-use material on key ethics topics. New

videos were added to our comprehensive library oftoolkits, posters, infographics, training materials,
and scenarios.

Ongoing goal

Maintain greater than 99% completion rate ofannual Integrity at HP training among active HP
employees and the Board of Directors
Progress in 2022
99.3% of employees, including senior
executives, completed Integrity at HP
training, as well as all members of the Boardof Directors.1

Ethics and compliance governance at HP
Board of Directors
The Board of Directors is responsible for overseeing ethics and compliance at HP. Chip Bergh is the chairman.
All members are independent directors, excluding Enrique Lores, president and CEO, HP Inc.

Board of Directors Audit Committee

Ethics and Compliance Committee

Provides non-executive input and guidance to the Ethics
and Compliance Office.

Composed of HP executives and provides oversight and guidance on thedesign and implementation of our ethics and compliance program.

Ethics and Compliance Office (within Global Legal Affairs)
Manages ethics issues across our global operations. Specific responsibilities include oversight of Integrity at HP, coordination of thecompany’s Compliance Assessment Program, management of the Anti-Corruption Program, and the design and management of processes
that prevent, mitigate, and remediate all related business impacts.

1262022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Achieved

See governance information online, including the board’s composition, committees,
and charters, as well as our company bylaws and Corporate Governance Guidelines.

Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Ethics and anti-corruption
Privacy
Public policy
Product safety
Appendix

Reporting concerns
All employees and third parties can ask questions
and report ethics concerns via an online form,
global in-country, 24-hour, toll-free phone lines(available internally and externally) with translation,text messaging (in the United States), and mail, as
well as in person. We offer anonymous reporting
options where allowed by law. At any time,
employees can also reach out to their manager
or another leader under HP’s Open Door Policy,
seek advice from internal ethics and complianceexperts, or consult Internal Audit, the HP People
Organization, local Integrity at HP teams, orIntegrity at HP liaisons. HP does not tolerate
retaliation against anyone who raises a concern
or question.

Investigating concerns

Items reported to the global Integrity at HP teamor other compliance functions*percentage of total
Total number of reported items in 2022: 125
2021

2022

Labor law

30%

32%

Misuse of assets

17%

16%

Inaccurate records

11%

13%

Anti-corruption**

5%

9%

Fraud

15%

9%

Conflicts of interest

8%

8%

Theft

5%

7%

Competition

2%

2%

Policy escalation

0%2%

Brand protection/channel

7%1%Procurement

0%

1%

100%

100%

Total

* The data in this table includes investigations conducted by the
Integrity Investigations Team. This does not include inquiries ormatters referred to a business unit or function for handling.
** Includes allegations of commercial bribery, kickbacks, andGlobal Business Amenities Policy violations, as well as alleged
corruption related to foreign public officials.

1272022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Suspected violations of Integrity at HP damage
trust in our company. We take all alleged violations
seriously, ensure responses are timely, and takedisciplinary or remedial actions when appropriate,including coaching, verbal warnings, written
warnings, and termination. Serious violations
may impact an employee’s Total Rewards
package (subject to local labor laws and wherelegally permissible).
Once an allegation or concern has been submitted
through one of our reporting avenues, thecomplainant receives an acknowledgment fromthe case management tool with an access number
and password that can be used to check the statusof their concern. The Integrity Investigations Teamperforms an initial evaluation and review to assess
whether the allegation is employee-related, andshould be investigated as an integrity matter,or referred to the appropriate business unit orfunction for handling. During an investigation, thecomplainant may be contacted by a member of theInvestigations Team for additional information. If
the concern was reported anonymously, a request
for additional information will be made throughthe case management tool. The complainant must

review the case management tool using the accesscode and password to check for any requests
or updates from the Investigations Team. Oncethe investigation has concluded, a confidential
investigation report is drafted, including proposed
recommendations. This report is then sent to therelevant review team for approval. The complainant
is informed when the investigation has concluded,
and, if applicable, appropriate action is taken. The
timeline for investigating concerns is determinedon a case-by-case basis, depending on the type of
allegation and the complexity of the matter.
When appropriate, representatives from ourlegal, Controllership, and People Organization
teams (including dedicated employee relations
investigators from the People Organization)
conduct in-country investigations. Escalated
allegations are investigated by a dedicated global
Integrity Investigations Team. HP’s investigation
process continues to evolve, with improved
resources and technology to promptly respondto concerns and perform investigation-related
functions in-house. Additionally, our global casemanagement tool enables us to identify emerging
trends in ethics violations and assess where
additional controls may be needed.

Anti-corruption
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Ethics and anti-corruption
Privacy
Public policy
Product safety
Appendix

Corruption disrupts fair competition, and is at odds
with HP values. We do not tolerate corrupt behaviorof any kind, including bribery and kickbacks.
Our Anti-Corruption Policy and complianceprogram require our employees, partners, andsuppliers to follow all applicable national laws andregulations, including the U.S. Foreign Corrupt
Practices Act and the UK Bribery Act. Although HP
is not certified to an anti-corruption management
system, all of our operational sites and subsidiaries
are required to follow HP’s Anti-Corruption Policy
and are subject to HP’s compliance program andprocedures (or a comparable subsidiary-level
policy and compliance program).

Risk assessment and audits
HP conducts regular internal assessments ofcorruption-related risks on a cross-section of
our global operations based on perceived risk,
including detailed reviews of the company’s global
policies and processes applicable to all business
units and global functions worldwide. We also useinternal data and Transparency International’s
Corruption Perceptions Index (CPI) to identify
high-risk regions and assess risks related toour business. HP maintains a public sector data
analytics process to monitor and mitigate potential
risk from its public sector business. These tools
are subject to regular review and improvement toenhance the quantity and quality of available data.

128

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

We also periodically retain outside experts toassess our anti-corruption policies and programs.
We benchmark our approach against peer
companies to identify best practices in areas
including operational procedures, employee
education, and supplier and partner training
and monitoring.

Complementing these assessments, HP conducts
regular audits focused on potential corruption
risks in our operations. These audits include endto-end review and testing of compliance policies
and processes.
Potential corruption risks are reviewed using HP
transactional data and third-party corruption
assessments. The Anti-Corruption Team may thentake various actions to appropriately minimize
or eliminate identified risk. These can include
termination of partner contracts or special
handling measures.

Third-party managementand due diligenceHP performs ongoing risk-based due diligenceof third parties that support our business,
including channel partners, sales intermediaries,
suppliers, and lobbyists. We communicate HP’santi-corruption standards and requirements
to third parties through contractual terms andconditions as well as our Partner Code of Conduct
and Supplier Code of Conduct. HP ordinarily
requires partners and suppliers, respectively,
to comply with our Partner and Supplier Codesof Conduct.
HP has implemented and maintains a robust riskbased legal and regulatory due diligence program
to detect, mitigate, and prevent third-party anticorruption compliance risks and violations.

We determine risk levels based primarily oncompletion of our due diligence questionnaireby the third party (every three years, for existing
partners and high-risk suppliers) as well as thecountry-level CPI. Based on these items, HP
decides whether to conduct an additional due
diligence investigation. If we determine that the risk
cannot be mitigated, we apply consequences to therelevant third party by removing access to specificbenefits and/or terminating any contract with HP.
HP requires third parties to complete due diligenceon a predetermined basis. In general, all channel
partners must complete this process before
beginning a contractual relationship with HP andthen undergo a renewal process at least once
every three years. Third parties receive training aspart of HP’s due diligence process.

Training and communication
We deliver comprehensive anti-corruption content
to all employees through annual Integrity at HP
training, as well as to all members of the Board of
Directors. Employees in sales, finance, government
relations, partner-facing, and public sector roles
are also assigned to complete additional anticorruption content as a part of this training. We
also communicate year-round with our employees
to reinforce our policies, controls, and training.
During 2022, about 3,500 employees (94% of therelevant employee base) completed training on
the requirements for doing business with the
U.S. government.
Requirements for mitigating anti-corruption
risk associated with charitable giving arecommunicated to employees through the HP Global
Charitable Contributions Policy, and risks are
mitigated through the grant-making process.

Privacy
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Ethics and anti-corruption
Privacy
Public policy
Product safety
Appendix

HP recognizes that privacy is a fundamental
human right; we further recognize theimportance of privacy, security, and dataprotection to our customers and partners
worldwide. This is a critical pillar of brandtrust and increasingly a source of competitive
advantage in an era of accelerated innovation,
global data proliferation, and fast-changing
regulatory frameworks. We build privacy,
security, and data protection into the designand development of our products, services, andoperations. We strive to provide protections
that exceed legal minimums across all ouroperations, and to deploy consistent, rigorous
policies and procedures to give our customers,
employees, and partners confidence whensharing personal information with us and using
our products and services.
See our Privacy website for additional
information.

Approach
Our rigorous policies, standards, controls, andgovernance are designed to keep personal data
safe and respect privacy.
• Our Privacy Statement describes our privacy
practices, as well as the choices users canmake and the rights they can exercise related topersonal data.
• We maintain internal policies and standards
that align with international data protection
and privacy principles. These policies andstandards cover the data life cycle andcontinually strengthen privacy protections tomeet the requirements of changing regulations
and evolving circumstances. This includes
implementing enhanced internal policies andprocedures to address our obligations as a data
controller and processor, and to ensure that data
subject rights are respected.
• HP's privacy policies are embedded in our groupwide risk/compliance management through theCompliance Assessment Program (CAP) that isdesigned to prevent, mitigate, and remediate allcompliance related business impacts.
• Our privacy controls framework includes morethan 100 activities related to data protection
compliance. This framework is the core of ourprivacy and data protection program, which
includes comprehensive internal policies,
employee training, assurance and risk mitigation,
an incident management process, privacy
certifications, information security controls,and defined supplier contractual terms andassessment for privacy and security compliance.

1292022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact• Our data protection officer, together with HP’s
Trust and Privacy Team, provides oversight andleadership for compliance and the safeguardingof personal information. The Trust and Privacy
Team works closely with appointed privacy
leads in business teams and with the company’s
Cybersecurity Team.
• HP’s Health Insurance Portability andAccountability Act (HIPAA) Compliance
Office oversees compliance with HIPAA laws
where they are triggered by our commercial
services engagements.
In 2022, all HP employees were required tocomplete our privacy principles training, and 97%of them completed the course during the four-weekcampaign. The training is intended to reinforce
HP’s privacy and data protection principles, and toensure that employees understand how to respect
and protect employee and customer privacy.
During the year, we also offered access to online
courses that provide additional topic- and rolebased training opportunities.

Throughout the year, several regulatory changes
influenced adjustments to our privacy program,including requirements from the United States andChina that increased emphasis on transparency,
consent, and individual data rights. In addition, as
we continue our digital transformation journey,
personal data governance is more critical to
our business. To address these business andregulatory changes, we continue to further
enhance our privacy capabilities related to data
environments and user experiences, such as byautomating our data-discovery process globallyto help us manage privacy at the data level, andgrowing the privacy engineering expertise in oursoftware and data teams. Moving forward, these
initiatives will be led through the pan-HP Privacy
Project Management Office, launched in 2022,
which will help us drive alignment and consistency
across projects in order to strengthen our privacy
program and implementation.

97%

of HP employees completed
our privacy principles training
during the four-week campaign

Global standards andinternational data transfers
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Ethics and anti-corruption
Privacy
Public policy
Product safety
Appendix

The secure movement of data is essential to
our business. As legislation continues to evolve,
our Policy and Assurance Team works withgovernments worldwide to develop robust andglobally interoperable privacy and data transfer
frameworks. Learn more.
HP relies on lawful mechanisms for datatransfer to drive accountability across theorganization and enable the movement of HP
data across jurisdictions. A description of thetransfer mechanisms HP uses can be found in
the International Data Transfers section of the
HP Privacy Statement.

Privacy complaints,
breaches, and requests

During 2022, we worked to interpret China’s
Personal Information Protection Law (PIPL)
to address its requirements for HP, and we
submitted HP’s first cross-border data-transfer
approval request based on that law in December.
We also updated our Binding Corporate Rule
(BCR) documentation for the EU and UK, and areworking with regulators from both jurisdictions
to ensure HP’s program meets the evolving BCR
requirements. This will facilitate smoother HP datatransfers from those locations.

HP complies with worldwide privacy- and databreach notification laws and regulations, tracks
the number of substantiated complaints from third
parties and personal data requests made to HP
by individuals, and maintains an internal incidentreporting process. Once a potential breach of
personal data is identified, a core team—including
representatives from privacy, cybersecurity, legal,
and communications—manages and communicates
about the breach, including any commercial or
legal obligations to notify customers.

In addition, we completed EU Transfer Impact
Assessments for our key products and services
during 2022. These assess risk related to datatransfers from the EU and are increasingly
important to European commercial customers.
The work on Transfer Impact Assessments for
HP data will continue during 2023.

In 2022, we saw a significant increase in data
rights requests to HP. We believe this was causedby greater user awareness and empowerment inexercising rights as provided by law, and also bychanges in laws in some jurisdictions, particularlyin the United States.
We have implemented a process to handle anddocument government access requests for
personal data. Under this process, our privacy
counsel reviews and recommends how toaddress such requests in accordance with legal
requirements. Ultimately, the data protection
officer approves the request as appropriate and inaccordance with HP’s BCRs.

Privacy-related complaints, breaches, and requests*
2020

2021

2022

Substantiated complaints regarding breaches of customer privacy and losses of customer data at HP
Substantiated complaints from outside parties (including customers)

22

37

16

Substantiated complaints from regulatory or other official bodies

2

4

2

Data breaches (total)**

28

33

20

1

4

3

Right to access/know (completed)

137

156

163

Right to access/know (rejected)

36

49

56

Right to erasure/be forgotten (completed)

2,195

4,400

7,258

Right to erasure/be forgotten (rejected)

961

2,596

11,246

Data breaches (reportable)**Data requests made to HP****

1302022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Breaches of customer privacy cover any noncompliance with existing legal regulations and voluntary standards regarding theprotection of customer privacy related to data for which HP is the data controller. Substantiated complaints are written statements
addressed to the organization by regulatory or similar official bodies that identify breaches of customer privacy, or complaints lodged
with the organization that have been recognized as legitimate by the organization.
** Reportable data breaches are those that are required to be reported by law. 2020 was the first year that HP disclosed this data in thisreport. The majority of the total data breaches were caused by human error or technical glitches and not a failure of our product orservices security infrastructure.
*** This data relates to requests made to HP by individuals globally. 2020 was the first year that HP disclosed this data in this report. The
median number of days taken to respond to right to access/know requests and right to erasure/be forgotten requests in 2022 was 17.

Cybersecurity
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Ethics and anti-corruption
Privacy
Public policy
Product safety
Appendix

Cybersecurity is a key pillar of our continuing
digital transformation and a high priority for HP,
our customers, and other stakeholders. Our holistic
approach integrates cybersecurity across thevalue chain, including in the design, development,
and delivery of our products, services, solutions,and operations. We build resiliency into ourbusiness model, and work to avoid cybersecurity
incidents. When cybersecurity issues do occur,
we rapidly identify and resolve them, protecting
individuals, our customers, and HP.

Policies and standards
We maintain consistent, rigorous cybersecurity
policies, standards, and procedures to give ourcustomers, employees, and partners confidence
when sharing data with us. The HP Cybersecurity
Policy Suite provides a framework for thecompany, informs overarching governance inthis area, and underpins cybersecurity companywide. We regularly update our policies andstandards to reflect new processing activities
and regulatory developments.
We educate HP employees annually about ourpolicies and standards, as well as regulatory
requirements, emerging threats, and new practices.
In addition, we conduct awareness campaigns
throughout the year, including during October,which is Cybersecurity Awareness Month.

1312022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Cybersecurity Organization
Our Cybersecurity Organization, led by HP’s chief
information security officer, maintains governance,
processes, resources, and IT partner and vendor
relationships to help identify and prevent unwanted
access, security threats, and cyberattacks. It also
provides extensive incident response, vulnerability
management, and business continuity and disasterrecovery programs across HP, to support bestin-class end-to-end security throughout HP’s
supply chain.

Worldwide Security andAnalytics Practice
Our Worldwide Security and Analytics Practice,
led by HP’s chief security advisor, advances
security within HP’s business units and products,
and collaborates with customers and clients. The
Practice leads efforts to educate our employees
and clients about cybersecurity, conducts related
risk assessments, establishes baselines, andcreates cybersecurity roadmaps for HP and
our clients.
The Practice also drives alignment with regulatory
and compliance requirements such as HIPAA, thePayment Card Industry Data Security Standard,
and various privacy laws. The Practice coordinates
HP’s client-facing Security Advisory Board, which
includes our chief security advisor among its
members. In addition, the Practice facilitates andparticipates in customer cybersecurity incident
response and customer cybersecurity events asneeded and/or requested, and in 2022 collaborated
with HP’s printing business units on the company’s
Bug Bounty program.

Certification, audits,
and assessments
The Cybersecurity Organization regularly
conducts audits of HP cybersecurity systems andperforms annual risk assessments of related HP
systems and processes, including our information
security management system (ISMS). It also
drives third-party risk assessments into our
procurement process.
Our risk-based ISMS maintained ISO/International
Electrotechnical Commission (IEC) 27001
certification during 2022, assuring that HP meetsthe international standard for information systems
security. We regularly commission internal andexternal audits by independent assessors andconduct an annual National Institute of Standards
and Technology framework assessment.
See details about the certification of HP services
and systems to recognized industry standards,
including ISO/IEC 27001:2013 Information Security
Management certification, ISO/IEC 27701:2019
Information Security Management certification,
ISO/IEC 20243:2018 Supply Chain Security
Certification, System and Organization Controls(SOC2) Type II, and Secure Development Practices
Assessment Certification (SD-PAC).
The Worldwide Security and Analytics Practice
audits HP, as a customer, as well as HP’s customerfacing cybersecurity systems, and conducts
annual risk assessments of related systems andprocesses to help establish baselines and drive
improvement in cybersecurity postures.

Product security and privacy
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Ethics and anti-corruption
Privacy
Public policy
Product safety
Appendix

Incident response

External engagement

We have formal processes to address
cybersecurity events associated with ourworldwide client base that include customer
support and mechanisms to escalate issues asneeded. Our online Security Bulletins support
HP’s commitment to provide prompt notification
and remediation of any vulnerabilities related
to our products, services, and solutions. When
incidents occur, the Cybersecurity Organization,
the Worldwide Security and Analytics Practice, andour chief technologist for security respond swiftly,
reporting activities to relevant leadership. When apotential cybersecurity event is identified, a coreteam is responsible for management of the event,including any commercial or legal obligations to
notify our customers. If the potential cybersecurity
event involves personal data, HP’s Trust andPrivacy Team is engaged as well.

HP is committed to advancing progress incybersecurity across the industry and beyondby participating in relevant organizations andadvisory boards, including ACM, IEEE, ISA, ISACA,(ISC)2, ISSA, NIST, SANS, ACFE, and IIA. In addition,
we collaborate with a variety of educational
institutions that have formal cybersecurity
programs and provide a pool of possible interns
and new employee hires. We host the HP Client
Advisory Council, which drives awareness andeducation and provides a forum for knowledgesharing with clients worldwide.

During 2022, HP did not experience any
cybersecurity events that required disclosure to
the U.S. Securities and Exchange Commission.2 See
the Privacy section for analysis of data breaches
associated with such cybersecurity events.

132

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Security and privacy
HP continues to conduct and participate incybersecurity research to identify and understandcybersecurity trends, risks, and threats, and todrive cybersecurity innovation in our products,
devices, services, and solutions. We follow
security-by-design and privacy-by-design principles
and build security and resilience into our products,
devices, services, and solutions throughout
the product life cycle, from design, component
sourcing, and manufacturing to transportation,
service, and take-back.

Cybersecurity is an increasing concern for ourcustomers worldwide. We continually work toenhance HP products, solutions, and services
to offer industry-leading security and resiliency
capabilities and help ensure privacy, and weseek to address and anticipate an ever-evolving
cyberthreat landscape.
HP’s leadership team oversees our portfolio-wide
approach to security and provides the resources
needed to support HP’s continued leadership. Our
Security Advisory Board, consisting of several HP
leaders as well as external advisors with broad
backgrounds in offensive and defensive security,
advises us on the ever-changing threat landscape,augmenting our work in HP R&D and HP Labs
research activities.
HP follows security-by-design and privacy-bydesign principles, including zero trust principles,in the development of our products, from design
through manufacturing, renewal/reuse, andrecycling. We build protection, detection, andrecovery capabilities into our devices, not just in
software, providing customers separate, auditablesecurity mechanisms to help manage and recoverfrom security risks.
We design business PCs and printing systems
with future threats in mind, with built-in, hardwareenforced security and resiliency capabilities
that integrate seamlessly with an organization’s
broader infrastructure. Aiming to deliver the mostsecure devices and the services and solutions to
help our customers use endpoint infrastructuressafely and confidently are the foundations of
our strategy.

We continually conduct threat analysis on new
methods of compromising a PC or printing
system, which in turn helps guide product-security
development efforts. We employ cybersecurity
specialists and conduct cybersecurity
architecture reviews, penetration testing, code
reviews, and automated code scanning using
industry-leading tools. When issues arise, wetake appropriate actions to remediate reported
security vulnerabilities.
Through our Bug Bounty program, we offer rewards
for highly trained, geographically diverse, ethicalhackers who expose flaws in our personal systems
and print technologies. The program leverages
deep, hard-to-find technical skills to find obscure,previously unidentified vulnerabilities in our
devices and ink/toner cartridges before they are
released to market.
Our industry best practice CoordinatedVulnerability Disclosure approach describes
how we work with partners, industry, and the
security community to address vulnerabilities.
When notified about a suspected vulnerability, weinvestigate thoroughly and, if confirmed, work withthe submitter on remediation and a coordinatedpublic release of information.

Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Ethics and anti-corruption
Privacy
Public policy
Product safety
Appendix

The HP supply chain security group works to ensurethat our products can resist attacks throughout the
supply chain life cycle, from component sourcing
and manufacturing to transportation, service,and take-back. Our HP Product Cybersecurity
Standard for Suppliers, enforced throughperiodic audits, contractually holds relevant
suppliers to requirements that mitigate the risksof counterfeits, malware, and tampering. Further,
HP continues to innovate with product design
and technical capabilities to help address supply
chain cybersecurity risk. Examples include HP
Sure Start and hardware design to protect, detect,and recover firmware tampering, as well as the
HP Tamper Lock, configured in the factory to givecustomers the ability to detect physical tamperingof their PCs. During 2021, HP received the ISO/IEC 20243 supply chain security certification for
its enterprise printers and Original HP cartridges,
which validates HP’s commitment to deliver trusted
and tamper-resistant printers and cartridges.
Learn more.

Personal systems
HP produces the world’s most secure PCs andworkstations.3 We take a unique approach anddeliver comprehensive endpoint security, built on afoundation of hardware-based security. This starts
in silicon with the Endpoint Security Controller,and continues with HP-developed BIOS firmware
security capabilities and our ability to configure
hardware security for customers direct from thefactory. This full stack enables maximum security
coverage compared with a software-only approach.

1332022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP Threat Containment solutions such as HP Sure
Click4 and HP Sure Access5 go beyond traditional
malware detection, providing inherent protection
by isolating malware and removing risk from themost common attack types, allowing users to “workwithout worry.”HP’s threat research experts provide breaking
news on malware and observed threats, including
indicators of compromise and suggestions on how
to defend against threats.
Learn more about our personal systems security
solutions, including how HP Secure Erase6 andHP Sure Recover7 provide secure solutions for an
organization to safely and seamlessly redeploy
devices. Also, learn about HP Renew Services,
including HP Device Recovery Service and HP
Recycling Service.

Printers
HP offers the world’s most secure printers,8 and
our FutureSmart printers meet and exceed the
NIST Platform Firmware Resiliency Guidelines. HP
FutureSmart printers automatically self-heal andrecover from attacks, and provide the following
award-winning features:• HP Sure Start maintains BIOS integrity and can
automatically recover from potential attacks.
• Whitelisting ensures both HP and HP–approved
partner firmware is digitally signed and validated.

• Memory Shield™ includes both hardwareprotected run-time intrusion detection thatmonitors memory for unusual activity and Control
Flow Integrity, which monitors the execution flowof the printer and detects any alterations.
• HP Connection Inspector monitors outboundprinter network connections and detects any
anomalous behavior.
As an added layer of print security, Original
HP office print cartridges contain tamperresistant, proprietary firmware that helps prevent
modification from third parties after production
and helps reduce the risk of malicious code
entering the cartridge chip.

HP Security Manager is the industry’s only
comprehensive policy-based printer security
compliance tool. It is used to assess and remediate
configuration settings across HP printer fleets.
HP Print Security Services combines credentialed
security experts and trained print specialists toassess customers’ unique print environments,
address compliance requirements, develop andimplement plans, provide ongoing management,
and proactively identify gaps in defenses.
Learn more about security solutions.

Introduction

PublicpolicySustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Ethics and anti-corruption
Privacy
Public policy
Product safety
Appendix

Governments around the world, responding tochanging geopolitical dynamics and economic
forces, are considering policy actions that
address trust, resilience, and sustainability.
HP public policy engagements are aligned withour business interests and our core values. We
advocate for measures that allow operational
flexibility, create business opportunities, andreduce risks for HP.

Policy priorities

Political engagement

Our global Government Affairs and Public Policy
Team leads our engagement with policymakers,
regulators, trade associations, and peer
companies to advance public policies aligned with
HP’s interests and values. Our priorities include:

We conduct all political engagements in atransparent, legal, and ethical manner and inaccordance with Integrity at HP.

• Ensuring market access and enabling supply
chain resilience• Promoting strong intellectual property protection
laws and enforcement against counterfeit
print supplies• Preserving competitive tax structures andeconomic investment incentives• Creating digital trust through robust andinteroperable data-governance efforts that
preserve open data flows• Advancing diversity, equity, and inclusion andaccelerating digital equity• Promoting sound sustainability policies
that support progress in areas such as circular
economy and energy efficiency

In 2021, HP and the HP Employee Political Action
Committee (PAC) ceased supporting candidates
for elected office (and the HP PAC was dissolved).
HP does not make political contributions within or
outside the United States.

We also make public our U.S. and EU lobbying
expenditures and membership in U.S. tradeassociations that engage in lobbying activity, andwe adhere to all local lobbying disclosure laws. HP
did not make any in-kind political donations in 2022.
In 2022, for the fifth year in a row, we earned aperfect score and tied for first place overall among
S&P 500 companies in the CPA-Zicklin Index of
Corporate Political Disclosure and Accountability.

Political contributions and lobbying expenditures
2020

2021

2022

$138,900

N/A

N/A$95,000

N/A

N/A$1,570,000$2,140,000$2,670,000

HP corporate political contributions*
State and local candidates and groups (US$)
HP employee PAC contributions*
Federal and state candidates, party committees, and PACs supporting
diverse candidates (US$)
HP lobbying expenditures
Total U.S. federal lobbying expenditures (reported quarterly under the
Lobbying Disclosure Act) (US$)* In 2021, HP and the HP PAC ceased supporting candidates for elected office (and the HP PAC was dissolved).

1342022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Introduction

Product
safetySustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Ethics and anti-corruption
Privacy
Public policy
Product safety
Appendix

HP is committed to providing products that aresafe for their intended use and that comply
with applicable government regulations. All
HP-branded electrical products undergo
evaluations and testing to ensure that theymeet HP safety standards. This is consistent
with HP’s Safe & Legal Product requirements,
which outline relevant internal and internationalsafety standard requirements (e.g., the UL/EN/
IEC 62368-1 safety standard). HP continually
evaluates products to identify and implement
opportunities for ongoing improvement.

Home and office printing solutions
We share extensive product safety information
online to support customers’ informed purchasing
decisions. View Declarations of Conformity for
EU and UK requirements, as well as certifications
for other locations. Contact the HP Sustainability
and Compliance Center regarding declarations forother countries.

Indoor air quality

Safety data sheets are available for HP formulated
products, including inks, toners, batteries, and 3D
printing materials and fusing and detailing agents.
The information includes physical, chemical, andtoxicological properties, regulatory details, andrecommendations for safe handling. Many HP
products also qualify for eco labels and othercertifications that cover health and safety as wellas environmental aspects.

In 2022, HP commissioned the Fraunhofer
Institute’s Wilhem-Klauditz-Institut (WKI) to performstudies that tested the emission rates of volatile

Original HP toner and ink cartridges are designed
and tested with indoor air quality in mind. HP
voluntarily designs and tests its printing systems9
to meet Blue Angel and EPEAT® indoor air quality(IAQ) emission standards.

organic compounds (VOCs) of different tonercartridge brands used in popular HP laser printers.
WKI’s tests on brands most commonly available
in the North America, Latin America, Asia Pacific,
and Europe, Middle East, and Africa (EMEA) regions
found that 89% of the non-HP cartridges tested
failed to meet Blue Angel emission criteria.10

Total volatile organic compounds emissions from non-HP cartridges tested*
percentage emissions above or below the Blue Angel limit
400%
350%
300%
250%
200%
150%
100%
50%
0
-50%

135

Non-HP brands tested-100%2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact* Results from WKI study: 2022 WKI emissions testing study, commissioned by HP, in compliance with Blue Angel protocol DE-UZ 219: 35
non-HP (27 imitation and eight remanufactured) toner cartridge brands compatible with HP Color LaserJet Enterprise M553X and HP
LaserJet M404dn purchased around the world. See HP.com/go/ IAQnonhpWKI2022.

Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Ethics and anti-corruption
Privacy
Public policy
Product safety
Appendix

Large format
printingIndustrial
print

3D
printing

The water-based formulation of HP Latex Inks
provides a more comfortable and welcoming
print-production environment without trading
off performance. HP Latex Inks consist of up
to 65% water and are designed to avoid thehazards associated with ultraviolet (UV) inks.
They contain zero hazardous air pollutants11 andare nonflammable and noncombustible.12 They
don’t release ozone, avoid problematic reactive
monomer chemistry,13 and help reduce health andsafety concerns in the working environment.

Food contact material compliance

For our 3D printing solutions, we conduct a hazard
and regulatory assessment for each substancein the fusing and detailing agent formulations
to determine suitability for applications such as
toys, medical devices, and cosmetics packaging.
To ensure we meet customers’ sustainability
requirements, we also review formulations
against restricted substances lists as requiredby individual customers. HP 3D printing materials
HP PA 11, HP PA 12, HP PA 12 GB, HP CB PA 12, HP
PA 12 White, HP PP enabled by BASF, and HP TPA
enabled by Evonik, as well as the corresponding HP
3D 600/700/710 and HP 3D 710R/710W Fusing and
Detailing Agents, have been tested for regulated
heavy metals, phthalates, bisphenol A (BPA), andmigration of relevant components.

For our textile printing solutions, which include
HP Stitch printers, HP conducts a hazard andregulatory assessment for each substance in the
ink formulation to determine its suitability for theapplication. We also obtain the ECO PASSPORT by
OEKO-TEX®, an independent safety certification forchemicals and colorants used in the manufacturingof textiles, which supports customers who wish toobtain the OEKO-TEX STANDARD 100 certification
for their textile products.

We incorporate relevant food contact material regulations, industry guidance, and brand requirements
into our formulation qualification process to support a variety of food packaging printing solutions offeredby our Indigo, PageWide Industrial, and Specialty Printing Systems technologies. Whenever possible, HP
strives to formulate with chemicals previously evaluated and deemed suitable for use in food packaging
printing applications.

Some HP inks are assessed to provide information
about suitability for printing applications involving
toys.14 Test results for specific HP inks can bemade available to customers upon request. For
these assessments, we typically consider generalchemical regulatory compliance criteria andmaterial-specific requirements for ink formulations,with an emphasis on standards relating to paper
and printing on books and puzzles.
See Product certifications and other information.

136

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

3D printing design courtesyof Invent Medical

Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity

Appendix

Appendix
About this report
ESG material topics
Policies and standards
Independent accountants’review report
United Nations Sustainable
Development Goals index
Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes

137

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

HP employees at our facility in Houston, Texas, United States.

About this report
Since 2001, HP has provided in-depth information
on its social and environmental progress tostakeholders, including customers, industry
analysts, investors, employees, and others.

• The performance data in this report covers
100% of HP’s global business operations and/or revenue, as of HP’s most recently completed
fiscal year, unless stated otherwise.

Human Rights

To determine report contents, we consider:

Digital Equity and philanthropy• Our ESG materiality assessment• All references to years are to HP’s fiscal year,
which ends October 31 of the year noted, unlessstated otherwise.

Integrity• Input from external stakeholders

Appendix• Broader sustainability context and trends

Introduction
Sustainable Impact
Climate Action

About this report
ESG material topics
Policies and standards
Independent accountants’review report
United Nations Sustainable
Development Goals index
Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index• External standards and frameworks such as
GRI, the UN Global Compact, the UN Sustainable
Development Goals, the Sustainability AccountingStandards Board Hardware Sustainability
Accounting Standard, the Task Force on Climaterelated Financial Disclosures, and the World
Economic Forum International Business Council
Stakeholder Capitalism Metrics
Throughout this report, we have included links
to stories about HP’s innovations and impact. In
addition to our Sustainable Impact Report, weshare information on our programs and progresson our Sustainable Impact website.

GRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes

138

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Reporting scope and measures• This report covers HP’s Sustainable Impact
policies, programs, and goals. It includes HP’s
performance data through FY2022 (which ended
October 31, 2022), unless stated otherwise.
• The information in this report is current as of thedate of its initial publication on June 20, 2023.
The report has not been updated to reflect any
changes since that date, including any changes
to HP’s business or strategy. HP assumes noobligation and does not intend to update thisreport to reflect any such changes.

• “Tonnes” refers to metric tons.

Metrics and goals
The metrics in this report are HP data, unlessstated otherwise. Collecting data from more than
100 sites globally is complex, and the process
can vary by issue, business unit, function, andgeography. As a result, company-wide metrics canbe difficult to define and implement. We continue
to standardize our measurement systems andmetrics. Data is rounded to reflect the appropriate
level of certainty.
Reporting performance beyond our immediate
operations is also challenging. We must makeassumptions when estimating Scope 3 GHG
emissions, product energy consumption andresulting GHG emissions, the percentage of HP
products that are recycled, and other metrics.
Where appropriate, we provide context for datato help readers understand limitations and draw
appropriate conclusions.
Forward-looking content reflects approaches,goals, and priorities established by the HP teams
responsible for implementing them. These were
set in consultation with internal, and in somecases external, stakeholders, and consider leading
corporate practices.

Feedback

Forward-looking statements

Your comments and suggestions are important to
us. Please provide any feedback on this report, ourperformance, or our website using our online form.

This document contains forward-looking
statements based on current expectations andassumptions that involve risks and uncertainties.
If the risks or uncertainties ever materialize or theassumptions prove incorrect, they could affectthe business and results of operations of HP Inc.
and its consolidated subsidiaries (“HP”) which
may differ materially from those expressed or
implied by such forward-looking statements andassumptions. All statements other than statementsof historical fact are statements that could be
deemed forward-looking statements, including,but not limited to, any statements regarding theimpact of the COVID-19 pandemic; projectionsof net revenue, margins, expenses, effective
tax rates, net earnings, net earnings per share,
cash flows, benefit plan funding, deferred taxes,
share repurchases, foreign currency exchange
rates or other financial items; any projections of
the amount, timing or impact of cost savings or
restructuring and other charges, planned structural
cost reductions and productivity initiatives; anystatements of the plans, strategies and objectivesof management for future operations, including,but not limited to, our business model andtransformation, our sustainability goals, our goto-market strategy, the execution of restructuring
plans and any resulting cost savings (including
the fiscal 2023 plan), net revenue or profitability
improvements or other financial impacts; anystatements concerning the expected development,
demand, performance, market share or competitive
performance relating to products or services;
any statements concerning potential supply
constraints, component shortages, manufacturing
disruptions or logistics challenges; any statements
regarding current or future macroeconomic

External verification
Assurance demonstrates our commitmentthat information in this report describes our
performance accurately and completely.
In 2022, HP engaged Ernst & Young LLP (EY) to
perform an independent review of selected key
performance indicators in our 2022 HP Sustainable
Impact Report. This process was conductedin accordance with attestation standards
established by the American Institute of Certified
Public Accountants.
For a full listing of the indicators within the scopeof EY’s review, please see the Independentaccountants’ review report.
In addition, the following data received external
assurance this year:• Product repair, reuse, and recycling: ThroughEnvironmental Resources Management, HP
audited 51 vendor facilities in 25 countries during2022, representing 82% of reuse vendor facilities
and 52% of recycling vendor facilities. This included
repeat audits of 31 vendor facilities to evaluate
their efforts to improve performance. Learn morein Product reuse and recycling vendors.
• Supply chain: HP participates in the Responsible
Business Alliance Validated Assessment Program,which uses independent external auditors toaudit our suppliers’ social and environmental
responsibility performance against HP Supplier
Code of Conduct requirements. Learn more in
Supply chain workers.

Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Appendix
About this report
ESG material topics
Policies and standards
Independent accountants’review report
United Nations Sustainable
Development Goals index
Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes

139

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

trends or events and the impact of those trends
and events on HP and its financial performance;
any statements regarding pending investigations,claims, disputes or other litigation matters; anystatements of expectation or belief as to the timing
and expected benefits of acquisitions and otherbusiness combination and investment transactions(including the recent acquisition of Plantronics,
Inc.); statements relating to future progress toward,
and achievement of, HP’s environmental, social,and governance (ESG) goals set forth in thisdocument, including future net GHG emissions;and any statements of assumptions underlying
any of the foregoing. Forward-looking statements
can also generally be identified by words suchas “future,” “anticipates,” “believes,” “estimates,”“expects,” “intends,” “plans,” “predicts,” “projects,”“will,” “would,” “could,” “can,” “may,” and similarterms. Risks, uncertainties and assumptions
that could affect our business and results ofoperations include factors relating to the impact ofmacroeconomic and geopolitical trends, changes
and events, including the Russian invasion of
Ukraine and tension across the Taiwan Strait andthe regional and global ramifications of these
events; recent volatility in global capital markets,
increases in benchmark interest rates, the effects
of inflation and instability of financial institutions;risks associated with HP’s international operations;the effects of the COVID-19 pandemic; theexecution and performance of contracts by HP
and its suppliers, customers, clients and partners,
including logistical challenges with respect to suchexecution and performance; changes in estimatesand assumptions HP makes in connection with the
preparation of its financial statements; the needto manage (and reliance on) third-party suppliers,

including with respect to component shortages,
and the need to manage HP’s global, multi-tierdistribution network, limit potential misuse ofpricing programs by HP’s channel partners, adapt
to new or changing marketplaces and effectively
deliver HP’s services; HP’s ability to execute on its
strategic plans, including the previously announced
initiatives, business model changes andtransformation; execution of planned structural
cost reductions and productivity initiatives;HP’s ability to complete any contemplated share
repurchases, other capital return programs orother strategic transactions; the competitive
pressures faced by HP’s businesses; risks
associated with executing HP’s strategy andbusiness model changes and transformation;
successfully innovating, developing and executing
HP’s go-to-market strategy, including online,
omnichannel and contractual sales, in an evolving
distribution, reseller and customer landscape;the development and transition of new products
and services and the enhancement of existingproducts and services to meet evolving customer
needs and respond to emerging technologicaltrends; successfully competing and maintaining
the value proposition of HP’s products, including
supplies; challenges to HP’s ability to accurately
forecast inventories, demand and pricing, which
may be due to HP’s multi-tiered channel, salesof HP’s products to unauthorized resellers or
unauthorized resale of HP’s products or our unevensales cycle; integration and other risks associatedwith business combination and investment
transactions; the results of our restructuring plans(including the fiscal 2023 plan), including estimatesand assumptions related to the cost (including
any possible disruption of HP’s business) and theanticipated benefits of our restructuring plans;
the protection of HP’s intellectual property assets,
including intellectual property licensed from third
parties; the hiring and retention of key employees;
disruptions in operations from system security
risks, data protection breaches, cyberattacks,
extreme weather conditions or other effects ofclimate change, medical epidemics or pandemics
such as the COVID-19 pandemic, and othernatural or manmade disasters or catastrophic
events; the impact of changes to federal, state,
local and foreign laws and regulations, including
environmental regulations and tax laws; ouraspirations related to ESG matters; potential
impacts, liabilities and costs from pending or
potential investigations, claims and disputes; andother risks that are described herein and in HP’s
Form 10-K for the fiscal year ended October 31,
2022 and that are otherwise described or updated
from time to time in HP’s other filings with the U.S.
Securities and Exchange Commission (“SEC”).
As in prior periods, the financial information set
forth in this document, including any tax-related
items, reflects estimates based on information
available at the time of preparation of thisdocument. While HP believes these estimates to bereasonable, these amounts could differ materiallyfrom reported amounts in HP’s Quarterly Reports
on Form 10-Q for the fiscal quarter ending July 31,
2023, Annual Report on Form 10-K for the fiscal
year ending October 31, 2023, and HP’s other filings
with the SEC. The forward-looking statementsin this document are made as of the date ofthis document and HP assumes no obligationand does not intend to update these forwardlooking statements.

Throughout this document, we use the definitionof “materiality” from the GRI (Global Reporting
Initiative) Standards, which is different from theterm as it has been defined by or construed inaccordance with the securities laws or any otherlaws of the U.S. or any other jurisdiction, or as
used in the context of our financial statements
and financial reporting, or our reports filed with
the SEC. Topics identified as ESG material forthe purpose of this document should not be
construed as being material for SEC or otherfinancial reporting purposes. In addition, historical,
current, and forward-looking sustainabilityrelated statements may be based on standards
for measuring progress that are still developing,internal controls and processes that continue to
evolve, and assumptions that are subject to change
in the future.
HP’s Investor Relations website at investor.hp.com
contains a significant amount of infor mation
about HP, including financial and other information
for investors. HP encourages investors to visit
its website from time to time, as information is
updated, and new information is posted. The
content of HP’s website is not incorporated byreference into this document or in any otherreport or document HP files with the SEC, andany references to HP’s website are intended to beinactive textual references only.

ESG material topics
The following table summarizes issues determined to meet the environmental, social, and governance (ESG) materiality threshold for this report.
Introduction
Sustainable Impact
Climate Action
Human Rights

Issue

Description

GRI Standards topic(s)Topic boundary

LocationManaging product life cycles through design criteria and business models that:
promote product serviceability and longevity; enable usage as a service; increase
repair, reuse, recycling, recycled content, and closed material loops; and dematerialize
processes and products and reduce waste to landfill.

Materials

Supply chain

Circularity

HP operations

Materials

Climate change
resilience

Working across our value chain and in collaboration with external partners to address
the risks, opportunities, and impacts of climate change on our business, customers,
the natural environment, and society, with a focus on resilience and adaptation.

No GRI-specific topics (GHG
emissions are addressed innext row)

Supply chain

Carbon: Supply chain

HP operations

Carbon: HP operations

Products and solutions

Carbon: Product use

Decarbonization

Improving energy efficiency, increasing renewable energy use, and reducing the GHG
emissions of HP’s operations, including our owned and leased facilities and auto/
aviation fleet, and our supply chain, including product transportation and logistics.

EnergySupply chain (first- and second-tier suppliers,
Scope 3 emissions)

Carbon: Supply chain

Decreasing the environmental impact of HP packaging, including by reducing
materials use, increasing the use of recycled and biodegradable materials, andeliminating deforestation and single-use plastic associated with packaging,where feasible.

Materials

Advancing more sustainable printing by HP and our customers through the sourcing,use, and recycling of paper and other printed materials, enabling more efficient
printing practices, and addressing the impacts of deforestation.

Materials

Increasing the energy efficiency of HP products and services, and enabling customers
to reduce energy use through efficient product fleets.

EnergyProducts and solutions

Carbon: Product use

Diversity, equity,and inclusion

Fostering diversity, equity, and inclusion within our workforce, supply chain, andcommunities worldwide. Building a workforce representative of our customer baseand communities.

Diversity and Equal
Opportunity

Supply chain

Diversity, equity, and inclusion

Human capital

Attracting, retaining, and developing human capital to meet current and futurebusiness needs. Providing compensation, benefits, and wellness programs that
support engaged and productive employees and promote work/life balance, as well as
managing the negative impacts of workforce reductions and relocations.

Employment

Human rights:
operations anddownstream

Respecting human rights throughout our value chain consistent with international
norms, remedying human rights abuses in our operations and the customer use of
products and services where we caused or contributed to the impact.

Human Rights Assessment

Human rights:
supply chain

Monitoring and strengthening social and economic conditions throughout our supply
chain, and addressing key areas of risk and opportunity such as working hours
and conditions, wages and benefits, capability building, health and safety, humane
treatment of workers, prevention of slavery and forced labor, and responsible
minerals sourcing.

Human Rights Assessment

Climate Action
Circular economy

Digital Equity and philanthropy
Integrity
Appendix
About this report
ESG material topics
Policies and standards
Independent accountants’review report
United Nations Sustainable
Development Goals index

Packaging

Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes

140

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Paper and Forests

Product energy
efficiency

Products and solutions

Emissions

Carbon: HP operations

HP operations
Supply chain

Packaging innovation

Products and solutions

Supply chain

Forests

Products and solutions

Human Rights
HP operations
Products and solutions
HP operations

Our employees: Employee development

Labor/Management
Relations

Our employees: Compensation and benefits

Training and Education

Our employees: Wellbeing

Our employees: Employee engagement
HP operations

Human rights due diligence

Products and solutions
Supply chain

Human rights due diligence
Supply chain workers

Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity

Issue
Human Rights
Product andoperational healthand safety

ESG material topics
Policies and standards

Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index

Digital divide

United Nations Guiding
Principles Reporting
Framework index
Endnotes

Location

HP operations

Health and safety

Products and solutions

Product safety

Customer Health and Safety

Supply chain responsibility: Health and safety

Working to break down the digital divide that prevents underserved communities fromaccessing computer hardware and the internet to achieve the digital literacy required
to access education, jobs, and healthcare needed to thrive.

Indirect Economic Impacts

Maintaining the standards, structures, and processes to ensure the diversity andindependence of the Board of Directors, and the effective governance of HP, including
the company’s Sustainable Impact strategy, goals, and programs.

No GRI-specific topics

Designing products and processes that protect the collection, processing, analysis,use, storage, transfer, transmission, and sharing of information from unwanted parties,
unauthorized access, and security threats, including cyberattacks.

No GRI-specific topics

Promoting high ethical standards and combating corruption in all of our businessinteractions, including in joint ventures and with business partners, customers,
suppliers, and distributors.

Anti-corruption

Products and solutions

Education
Healthcare
Community giving and volunteerism

GovernanceCorporate
governanceHP operations

Governance
Ethics and anti-corruption
Governance
HP 2023 Proxy Statement

Data and productsecurity

Ethics and anticorruption

World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index

Topic boundary

Occupational Health and
SafetyDigital Equity

Independent accountants’review report
United Nations Sustainable
Development Goals index

GRI Standards topic(s)Supply chain

Appendix
About this report

Description
Working to create a healthy, safe, and secure working environment in our supply chain
and operations, and for our customers, including managing the use of materials,
chemicals, and substances of concern in the manufacturing and use of our products.

Supply chain

Cybersecurity

HP operations

Product security and privacy

Products and solutions
Supply chain (interactions with suppliers,
business partners, and contractors)

Ethics and anti-corruption

HP operations
Products and solutions (interactions withbusiness partners and customers)

Collecting, analyzing, using, storing, transferring, and sharing information in ways that
uphold the right to privacy and personal data protection. Complying with evolving
privacy laws and standards.

Customer Privacy

Public policy
engagement

Responsibly and proactively engaging with governments regarding regulatory
ESG risks and opportunities, as well as transparency in public policy positions
and participation.

Public Policy

HP operations

Public policy

Transparency andreportingCommunicating transparently with our stakeholders about our products, businesspractices, and progress on our sustainability goals, metrics, and targets.

Overall report

Supply chain

United Nations Sustainable Development Goals index

HP operations

Sustainability Accounting Standards Board index

Products and solutions

Task Force on Climate-related Financial Disclosures index

Privacy

HP operations (employees)

Privacy

Products and solutions (customers and partners)

WEF IBC Stakeholder Capitalism Metrics index
GRI index
United Nations Guiding Principles Reporting Framework index

1412022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Policies and standards
Climate Action

Human Rights

Integrity

Climate Action Policy Position

Contingent Worker Code of Conduct

Anti-Corruption Policy

Environmental, Health and Safety Policy

Global Nondiscrimination Policy

Corporate Governance Guidelines

Harassment-Free Work Environment Policy

Global Business Amenities Policy

Digital Equity and philanthropy

Export of Electronic Waste to Developing
Countries Policy

Human Rights Policy

Global Charitable Contributions Policy

Integrity

General Specification for the Environment

Open Door Policy

Integrity at HP

Appendix

Hardware Recycling Standard

Student and Dispatch Worker Standard for
Supplier Facilities in the People’s Republic ofChina (PRC)

Partner Code of Conduct

Introduction
Sustainable Impact
Climate Action
Human Rights

About this report
ESG material topics
Policies and standards
Independent accountants’review report
United Nations Sustainable
Development Goals index
Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes

142

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Hardware Reuse Standard
Reuse and Recycling Policy for Used
Hardware ProductSupplier Code of Conduct

Materials and Chemical Management Policy

Supply Chain Foreign Migrant Worker Standard

Supplier Code of Conduct

Supply Chain Social and Environmental
Responsibility Policy

Supply Chain Social and Environmental
Responsibility Policy
Sustainable Paper and Wood Policy

Privacy Statement
U.S. Public Sector Code of Conduct

Independent accountants’ review report
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Appendix
About this report
ESG material topics
Policies and standards
Independent accountants’review report
United Nations Sustainable
Development Goals index
Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes143

To the Stockholders and the Board of Directorsof HP Inc.
We have reviewed HP Inc.’s (“HP”) accompanying
schedules of select sustainability information (the“Subject Matter”) included in Appendix A and aspresented in HP’s 2022 Sustainable Impact Reportfor the year ended October 31, 2022 in accordancewith the criteria also set forth in Appendix A (the“Criteria”). HP’s management is responsible for the
Subject Matter in accordance with the Criteria.
Our responsibility is to express a conclusion on the
Subject Matter based on our review.
Our review was conducted in accordance withattestation standards established by the American
Institute of Certified Public Accountants (“AICPA”)
AT-C section 105, Concepts Common to All
Attestation Engagements, and AT-C section 210,
Review Engagements. Those standards requirethat we plan and perform our review to obtain
limited assurance about whether any material
modifications should be made to the Subject
Matter in order for it to be in accordance with theCriteria. The procedures performed in a review
vary in nature and timing from and are substantiallyless in extent than, an examination, the objectiveof which is to obtain reasonable assurance about
whether the Subject Matter is in accordance with
the Criteria, in all material respects, in order toexpress an opinion. Accordingly, we do not express
such an opinion. Because of the limited nature of
the engagement, the level of assurance obtained ina review is substantially lower than the assurance

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

A member firm of Ernst & Young Global Limited

that would have been obtained had an examination
been performed. As such, a review does notprovide assurance that we became aware of all
significant matters that would be disclosed in an
examination. We believe that the review evidence
obtained is sufficient and appropriate to provide a
reasonable basis for our conclusion.

Furthermore, Scope 3 emissions are calculated
based on a significant number of estimations andmanagement assumptions due to the inherent
nature of the Greenhouse Gas Protocol Corporate
Value Chain (Scope 3) Accounting and ReportingStandard as well as the Technical Guidance for
Calculating Scope 3 Emissions criteria.

We are required to be independent of HP Inc.
and to meet our other ethical responsibilities, inaccordance with the relevant ethical requirements
related to our review engagement. Additionally, we
have complied with the other ethical requirements
set forth in the Code of Professional Conduct
and applied the Statements on Quality Control
Standards established by the AICPA.

The information included in HP’s 2022 Sustainable
Impact Report, other than the Subject Matter, has
not been subjected to the procedures appliedin our review and, accordingly, we express noconclusion on it.

The procedures we performed were based on
our professional judgment. Our review consisted
principally of applying analytical procedures,making inquiries of persons responsible for the
Subject Matter, obtaining an understanding of thedata management systems and processes used togenerate, aggregate and report the Subject Matterand performing such other procedures as we
considered necessary in the circumstances.
As described in Appendix A, the Subject Matteris subject to measurement uncertainties
resulting from limitations inherent in the natureand the methods used for determining suchdata. The selection of different but acceptablemeasurement techniques can result in materiallydifferent measurements. The precision of different
measurement techniques may also vary.

Based on our review, we are not aware of any
material modifications that should be made to theaccompanying schedules of select sustainability
indicators for the year ended October 31, 2022, inorder for the schedules to be in accordance with
the Criteria.

May 24, 2023

Ernst & Young LLP
303 Almaden Boulevard
San Jose, CA 95110
United States of America
Tel:+1 408 947 5500

Introduction
Sustainable Impact
Climate Action

Appendix A – HP Inc. Schedules of Select Sustainability Information
Schedule of Select Environmental Metrics for the year ended October 31, 2022
Indicator name

Scope

Unit of measure

Reported value

Criteria

Scope 1 greenhouse gas (“GHG”) emissions1

GlobalTonnes of carbon
dioxide equivalents(tCO2e)46,800World Resources Institute (“WRI”) / World Business Council for Sustainable Development’s (“WBCSD”) The Greenhouse Gas (“GHG”) Protocol: A
Corporate Accounting and Reporting Standard as amended by the GHG Protocol Scope 2 Guidance, Global Reporting Initiative (“GRI”) Standard
305-1 Direct (Scope 1) Emissions and HP Inc.’s (“HP”) Carbon Accounting Manual2

Scope 2 GHG emissions (location-based-method)1

GlobaltCO2e

196,300

About this report

Scope 2 GHG emissions (market-based-method)

GlobaltCO2e104,700

WRI/WBCSD’s The GHG Protocol: A Corporate Accounting and Reporting Standard as amended by the GHG Protocol Scope 2 Guidance, GRI
Standard 305-2 Energy Indirect (Scope 2) GHG Emissions and HP’s Carbon Accounting Manual2

ESG material topics

1, 3

Scope 3 GHG emissions

GlobaltCO2e

26,748,000

WRI/WBCSD’s The GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard, WRI/WBCSD’s The GHG Protocol Technical
Guidance for Calculating Scope 3 Emissions, GRI Standard 305-3 Other Indirect (Scope 3) GHG Emissions and HP’s Carbon Accounting Manual2

Independent accountants’review report

Direct energy use in operations (corresponding to
Scope 1 emissions)4

GlobalMWh5

202,262

Total direct energy consumption as defined within and by HP management definitions disclosed in the 2022 Sustainable Impact Report. Significant
contextual information necessary to understand how the data has been compiled have been disclosed.

United Nations Sustainable
Development Goals index

Indirect energy use (corresponding to Scope 2
emissions)6

GlobalMWh5494,086

Total indirect energy consumption as defined within and by HP management definitions disclosed in the 2022 Sustainable Impact Report.
Significant contextual information necessary to understand how the data has been compiled have been disclosed.

Sustainability AccountingStandards Board index

Voluntary purchases of renewable energy7

GlobalMWh5

269,209

Total energy consumption within the organization from renewable sources as defined within and by HP management definitions disclosed in the2022 Sustainable Impact Report. Significant contextual information necessary to understand how the data has been compiled have been disclosed.

Task Force on Climate-related
Financial Disclosures index

Direct water withdrawal8

Global

Cubic meters9

2,227,000

Total water withdrawal presented as the total of surface water, ground water10 and third-party water as defined within and by HP management
definitions disclosed in the 2022 Sustainable Impact Report. Significant contextual information necessary to understand how the data have been
compiled have been disclosed11.

Human Rights
Digital Equity and philanthropy
Integrity
Appendix

1

Policies and standards

World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index

1 Where possible, based on HP Inc.’s reporting timeline and requirements, HP Inc. uses the most up to date emission factors available at the time of its reporting. Refer to the Carbon Accounting Manual for additional detail on factors used.

GRI index

3 Scope 3 GHG emissions includes the following categories: Category 1 Purchased goods and services, Category 2 Capital goods, Category 3 Fuel- and energy-related activities not included in Scope 1 or Scope 2, Category 4 and 9 Transportation and distribution, Category 5 Waste generated inoperations, Category 6 Business travel, Category 7 Employee commuting, Category 11 Use of sold products, Category 12 End-of-life treatment of sold products, Category 13 Downstream Leased Assets and Category 15 Investments.

United Nations Guiding
Principles Reporting
Framework index
Endnotes

2 Carbon Accounting Manual is available at http://h20195.www2.hp.com/V2/getpdf.aspx/c08648283.pdf.

4 Direct energy use refers to direct energy consumption in operations or facilities within HP’s operational control, including natural gas, renewable energy generated on-site, diesel/oil/gas/LPG, and transportation fleet, including vehicles and air, similar to the Scope 1 emissions boundary.
Refrigerants and perfluorinated compounds are not applicable to the calculation of direct energy use, although they are included in the Scope 1 GHG emissions boundary.
5 Note that 1 MWh equates to 3,600 megajoules.
6 Indirect energy includes purchased electricity and steam consumed within operations or facilities within HP’s operational control and does not include renewable energy purchases.
7 Voluntary purchases of renewable energy include the purchase of unbundled renewable energy credits (RECs), participation in utility green power programs and renewable energy contracted through energy providers.
8 Direct water withdrawal for HP operations includes water withdrawn for use in operations or facilities within HP’s operational control and includes: 2,000 cubic meters of captured rain water (classified as surface water); 1,000 cubic meters of well water (classified as ground water); and 2,224,000
cubic meters of municipal water and NeWater, which is wastewater sourced from another organization (both of which are classified as third-party water). Note that sewage treatment plant (STP) water is not included within the scope of water withdrawal. Seawater and produced water are notapplicable to HP.
9 Note that 1 cubic meter of water equates to 0.001 megaliters.
10 De-watering wells are present at HP’s Corvallis, OR site to manage water tables for structural purposes by withdrawing naturally occurring groundwater and repurpose for irrigation or to return to local surface bodies of water through storm drains. Groundwater withdrawn through de-wateringwells at the site is excluded from the water withdrawal amount reported due to the lack of data available to measure or estimate. Note that the groundwater is considered non-potable water.
11 Relevant definitions, related reporting period, organizational boundaries, standards, data collection, and calculation methodologies are available in the Water Accounting Manual at https://h20195.www2.hp.com/V2/GetDocument.aspx?docname=c05179526.

144

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Schedule of Supply Chain Audits, Assessments and Findings for the year ended October 31, 2022
Introduction
Sustainable Impact
Climate Action
Human Rights

Indicator name

Scope

Reported value

Criteria

Supplier audits and assessments completed,including percentage RBA12 Validated Assessment
Program (VAP) audits

GlobalIn 2022, we completed 249 audits ofproduction, nonproduction, and producttransportation suppliers, and 14 otherassessments of production suppliers.
During the year, 76% of production
supplier audits were third-party certified
RBA VAP audits.

Production suppliers provide materials and components for product manufacturing and also assemble HP products. Product transportation
suppliers provide services for the shipping and delivery of HP products. Nonproduction suppliers provide goods and services that do not go into the
production of HP products (such as staffing, telecommunications, and travel).

Digital Equity and philanthropy
Integrity
Appendix
About this report
ESG material topics

Other assessments include health and safety assessments, onboarding assessments, vulnerable worker group (student and foreign worker)
assessments, Key Performance Indicator (KPI) validation assessments, and priority screening assessments.

Policies and standards
Independent accountants’review report
United Nations Sustainable
Development Goals index

Supplier audit finding rate for major
nonconformances and priority findings

Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes

145

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Audits of production suppliers, product transportation suppliers, suppliers supporting HP manufacturing, and HP manufacturing sites follow the
RBA Code of Conduct Audit Protocol 6.1, 7.0, or 7.0.1. Initial Audits that started after March 2020 used RBA Protocol 6.1, Initial Audits that started afterJanuary 2021 used RBA Protocol 7.0, and Initial Audits that started after September 2021 used RBA Protocol 7.0.1. HP also participates in the RBA
VAP, which uses independent external auditors to audit suppliers’ social and environmental responsibility performance against HP Supplier Code of
Conduct requirements. The number of audits reported includes those that begin during the reporting year and for which the audit report is received
by February 15th of the subsequent year (e.g., received by February 15, 2023 for reports conducted during FY22). Audit reports received after thisdate are included in the following year’s reported value.

Global119 initial audits and full re-audits ofproduction suppliers conducted in 2022
identified 12 immediate priority findings,
equivalent to 0.1 per audit on average,
and 1,046 other nonconformances13,
equivalent to 8.8 per audit on average.

Immediate priority findings are the most serious type of supplier nonconformance and require immediate action. These would include any priority
nonconformances (as defined by the RBA VAP) identified related to the following topics: child labor, forced labor, severe forms of discrimination,
health and safety issues posing immediate danger to life or risk of serious injury, perceived violation of environmental laws posing serious andimmediate harm to the community, and falsified pay slips.
Other nonconformances include all other priority nonconformances and all major nonconformances as defined by the RBA VAP.

Note: Non-financial information is subject to measurement uncertainties resulting from limitations inherent in the nature and the methods used for determining such data. The selection of different but acceptable measurement techniques can result in materially different
measurements. The precision of different measurement techniques may also vary.
12 Responsible Business Alliance (RBA)
13 Other priority nonconformances and major nonconformances represent 3.6% and 96.4% of other nonconformances, respectively.

United Nations Sustainable Development Goals index
Introduction
Sustainable Impact

At HP, we support the United Nations 2030 Sustainable Development Goals (SDGs) and recognize the importance of contributing to a more sustainable future. We have existing programs that contribute to the progressof 16 of the 17 goals, and continue to drive innovations that help achieve them. We aim to enable our stakeholders and partners to contribute toward more equitable, inclusive, and sustainable development. We have taken
this reporting a step further by reporting against the SDG Ambition Benchmarks developed by the UN Global Compact. These benchmarks allow HP to further demonstrate how HP aligns actions to the SDGs.

Climate Action
Human Rights

Goal 1: End poverty in all its forms everywhere

Digital Equity and philanthropy

HP’s actions:
Education; Community giving and volunteerism

Integrity
Appendix
About this report
ESG material topics
Policies and standards
Independent accountants’review report
United Nations Sustainable
Development Goals index
Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index

Goal 2: End hunger, achieve food security
and improved nutrition and promotesustainable agriculture
HP’s actions:No major programs at this time.
Goal 3: Ensure healthy lives and promote wellbeing for all at all ages
HP’s actions:
Process chemicals; Our employees: Health andsafety; Our employees: Wellbeing;
Product safety

Goal 6: Ensure availability and sustainable
management of water and sanitation for all

Goal 11: Make cities and human settlements
inclusive, safe, resilient and sustainable

SDG Ambition Benchmark:• Net-positive water impact in waterstressed basinsHP’s actions:
Community giving and volunteerism

HP’s actions:
Water: Supply chain; Water: HP operations

Goal 12: Ensure sustainable consumption andproduction patterns

Goal 7: Ensure access to affordable, reliable,
sustainable and modern energy for all
HP’s actions:
Carbon: Supply chain; Carbon: HP operations;
Carbon: Product use
Goal 8: Promote sustained, inclusive andsustainable economic growth, full andproductive employment and decent work for all

World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index

Goal 4: Ensure inclusive and equitable quality
education and promote lifelong learning
opportunities for all

SDG Ambition Benchmark:• 100% of employees across the organization
earn a living wage

GRI index

HP’s actions:
Education; Community giving and volunteerism

HP’s actions:
Supply chain workers; Supplier diversity;
Education; Community giving and volunteerism

United Nations Guiding
Principles Reporting
Framework index
Endnotes

Goal 5: Achieve gender equality and empower
all women and girls
SDG Ambition Benchmarks:• Gender balance across all levelsof management• Equal pay for work of equal value
HP’s actions:
Employee development; Compensation andbenefits; Diversity, equity, and inclusion

146

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Goal 9: Build resilient infrastructure, promote
inclusive and sustainable industrialization andfoster innovation
HP’s actions:
Design for circularity; Environmental
management: HP operations
Goal 10: Reduce inequality within andamong countries
HP’s actions:
Supplier diversity; Our communities; Education;
Community giving and volunteerism

SDG Ambition Benchmarks:• Zero waste to landfill and incineration• Zero discharge of hazardous pollutants
and chemicals• 100% sustainable material inputs that are
renewable, recyclable or reusable
HP’s actions:
Waste: Supply chain; Waste: HP operations;
Circularity; Materials; Forests
Goal 13: Take urgent action to combat climatechange and its impacts
SDG Ambition Benchmark:• Science-based emissions reduction in linewith a 1.5°C pathway
HP’s actions:
Carbon footprint; HP’s path to net zero
emissions by 2040; Carbon: Supply chain;
Carbon: HP operations; Carbon: Product use
Goal 14: Conserve and sustainably use
the oceans, sea and marine resources forsustainable development
SDG Ambition Benchmark:• 100% resource recovery, with all materials
and products recovered and recycled orreused at end of use
HP’s actions:
Product reuse and recycling vendors;
Recycled content; Ocean-bound plastics;
Renewable materials

Goal 15: Protect, restore and promotesustainable use of terrestrial ecosystems,
sustainably manage forests, combat
desertification, and halt and reverse landdegradation and halt biodiversity loss
SDG Ambition Benchmark:• Land degradation neutrality including
zero deforestation
HP’s actions:
Forests
Goal 16: Promote peaceful and inclusive
societies for sustainable development, provide
access to justice for all and build effective,
accountable and inclusive institutions at alllevelsSDG Ambition Benchmark:• Zero incidences of briberyHP’s actions:
Governance and accountability; Supply chain
workers; Ethics and anti-corruption
Goal 17: Strengthen the means of
implementation and revitalize the global
partnership for sustainable development
HP supports the UN SDGs, the UN Global
Compact, GRI, and other global efforts toadvance sustainable development.

Sustainability Accounting Standards Board index
This table contains and refers to information related to the Sustainability Accounting Standards Board (SASB) Hardware Sustainability Accounting Standard.
Introduction
Sustainable Impact

Topic

Code

Climate Action

Product Security

TC-HW-230a.1

Human Rights
Digital Equity and philanthropy
Integrity
Appendix

Metric2022 reporting
Cybersecurity
Product security and privacy

Employee Diversity andInclusion

TC-HW-330a.1

Product Lifecycle
Management

TC-HW-410a.1

Representation
Data—Our employees
100% of HP products may contain small amounts of some chemicals on the IEC 62474 Declarable Substances List. HP is committed to meeting all
legal and regulatory requirements, and has gone beyond these requirements to proactively restrict substances of concern. Any remaining uses ofsubstances of concern in products are for applications that lack viable alternatives. All electronics companies still have products claiming Restrictionof Hazardous Substances Directive (RoHS) exemptions or using Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH)
regulation candidate list substances when there is no viable alternative. For example, 100% of electronics products still contain some amount of leadused in specialized applications that are allowed under RoHS exemptions. See HP’s REACH Article 33 Declarations and the Substances and Materials
Requirements (HP Standard 011-01) in the HP General Specification for the Environment for more detail.

About this report
ESG material topics
Policies and standards
Independent accountants’review report

TC-HW-410a.2

United Nations Sustainable
Development Goals index

TC-HW-410a.3

Eco labels across our personal systems and printers portfolio

TC-HW-410a.4

HP global take-back programs for customers

Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index

Percentage of eligible products, by revenue, meeting
the requirements for EPEAT® registration or equivalent

Eco labels across our personal systems and printers portfolio

Data—Product repair, reuse, and recycling
Supply Chain
Management

TC-HW-430a.1

Audit and assessment results

TC-HW-430a.2

HP global take-back programs for customers
Vendor audits
Audit and assessment results

Materials Sourcing

TC-HW-440a.1

Conflict minerals describes our program and performance related to conflict minerals, including tantalum and tungsten, which are defined as criticalmaterials by the U.S. National Research Council.

United Nations Guiding
Principles Reporting
Framework index

Multi-stakeholder initiatives
Other regions and minerals
SEC Conflict Minerals Report

Endnotes

External collaboration with Responsible Minerals Initiative
HP does not currently report on other critical materials.

147

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Activity Metric

TC-HW-000.A

Number of units produced by product category

HP's business performance is measured using KPIs different to those from SASB Standards. These can be found disclosed in our 2022 Form 10-K,
quarterly 10-Q filings, and Investor Relations webpage.

Activity Metric

TC-HW-000.B

Area of manufacturing facilities (ft2)2022 Form 10-K (Item 2. Properties)

Activity Metric

TC-HW-000.C

Percentage of production from owned facilities

HP's business performance is measured using KPIs different to those from SASB Standards. These can be found disclosed in our 2022 Form 10-K,
quarterly 10-Q filings, and Investor Relations webpage.

Task Force on Climate-related Financial Disclosures index
HP considered recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) in the development of this report. This index includes links to information about relevant disclosures.
Introduction
Sustainable Impact

Topic

Disclosure focus area

Disclosure

Location*

Climate Action

Governance

Disclose the organization’s
governance around climaterelated risks and opportunities.

a) Describe the board’s oversight of climate-related risks and opportunities.

CDP C1.1a, C1.1b, C1.2a

Human Rights
Digital Equity and philanthropy
Integrity

Strategy

About this report
ESG material topics
Independent accountants’review report

Task Force on Climate-related
Financial Disclosures index

Riskmanagement

Metrics andtargets

World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes

148

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

CDP C1.1a, C1.2, C1.2a, C1.3a, C2.2

Disclose the actual and potential
impacts of climate-relatedrisks and opportunities on theorganization’s businesses,
strategy, and financial planning.

a) Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long term.

CDP C2.1, C2.2, C2.3a, C2.4ab) Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning.

CDP C1.1b, C2.2, C2.2a, C2.3a, C2.4a, C3.1, C3.2a, C3.3, C3.4, C12.3bc) Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a
2°C or lower scenario.

CDP C2.1b, C2.2, C2.3a, C2.4a, C3.1, C3.2a, C3.2, C3.4

Disclose how the organization
identifies, assesses, and manages
climate-related risks.

a) Describe the organization’s processes for identifying and assessing climate-related risks.

CDP C2.1b, C2.2, C2.2a, C2.3a, C11.3

b) Describe the organization’s processes for managing climate-related risks.

CDP C2.1b, C2.2, C2.2a

United Nations Sustainable
Development Goals index
Sustainability AccountingStandards Board indexb) Describe management’s role in assessing and managing climate-related risks and opportunities

GovernanceAppendix

Policies and standards

Governance

Cross Industry,
Climate-Related
Metrics

Disclose the metrics and targets
used to assess and manage
relevant climate-related risks
and opportunities.

Disclose the metrics and targets
used to assess and manage
relevant climate-related risks
and opportunities where suchinformation is material

Climate change risk management and strategyc) Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s
overall risk management.

CDP C2.1, C2.2, C3.1

a) Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk
management process.

CDP C1.3a, C2.3a, C2.4a, C3.2a, C4.1, C4.1a, C4.2a, C4.2b, C4.2c,
C4.5a, C9.1, C11.3

b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.

CDP C2.3a, C4.1b, C5.1, C6.1–C6.3, C6.5, C6.10, C7.1–7.1a

Climate change risk management and strategy

Carbon footprintc) Describe the targets used by the organization to manage climate-related risks and opportunities and performance against
targets.

CDP C1.3a, C4.1, C4.1a, C4.1b, C4.2, C4.2a, C4.2b, C4.2c

GHG Emissions:Absolute scope 1, scope 2 and scope 3; emissions intensity

CDP C4.1a, C4.1b

Carbon footprint
Carbon footprint
HP's path to net zero emissions by 2040

Transition Risks:
Amount and extent of assets or business activities vulnerable to transition risks.

CDP C2.2, C3.2a

Physical Risks:
Amount and extent of assets or business activities vulnerable to physical risks.

CDP C2.2, C3.2a

Climate-Related Opportunities:
Proportion of revenue, assets, or other business activities aligned with climate-related opportunities.

CDP C2.4a

Capital Deployment:
Amount of capital expenditure, financing, or investment deployed toward climate-related risks and opportunities.

C3.4

Internal Carbon Prices:
Price on each ton of GHG emissions used internally by an organization.

C11.3

Remuneration:
Proportion of executive management remuneration linked to climate considerations.

C1.3a* CDP disclosures refer to HP’s 2022 CDP Climate Change questionnaire responses.

Introduction

World Economic Forum International Business Council
Stakeholder Capitalism Metrics index

Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Appendix

In the development of this report, HP considered the core metrics and disclosures published in the World Economic Forum International Business Council (WEF IBC) white paper, Measuring Stakeholder Capitalism:
Towards Common Metrics and Consistent Reporting of Sustainable Value Creation. This index includes links to information about relevant disclosures.
Pillar

Theme

Sub-theme

Location

Principles of Governance

Governing purpose

Setting purpose

11, Nominating, Governance and Social Responsibility Committee Charter

Quality of governing body

Governance body composition

11, Governance—HP Board of Directors, HP 2023 Proxy Statement (pages 14–23)

Stakeholder Engagement

Material issues impacting stakeholders

13

Ethical behavior

Anti-corruption

126, 127, 128, Anti-Corruption Policy

Protected ethics advice and reporting mechanisms

127, Integrity at HP, Corporate Governance Guidelines

Risk and opportunity oversightIntegrating risk and opportunity into business process

56, 69, 75, 97, 98, HP 2022 10-K

Climate change

Greenhouse gas emissions

17, 23, 57, 60

TCFD implementation

21, 23, 148, SBTi Progress Data Dashboard

About this report
ESG material topics
Policies and standards
Independent accountants’review report
United Nations Sustainable
Development Goals index

PlanetSustainability AccountingStandards Board index

Nature Loss

Land use and ecological sensitivity

Task Force on Climate-related
Financial Disclosures index

This data is unavailable for this reporting period, but will be considered infuture disclosures.

Freshwater availability

Water consumption and withdrawal in water-stressed areas

29, 30, 59, HP CDP Water Security response

Dignity and equality

Diversity and inclusion (%)

92, 102

Pay equality (%)

89

Wage level (%)

89, HP 2023 Proxy Statement (page 75)

Risk for incidents of child, forced, or compulsory labour

72, 78, 80

Health and wellbeing

Health and safety (%)

54, 79, 90, 91, 105

Skills for the future

Training provided (#, $)88

Employment and wealth generation

Absolute number and rate of employment

102

Economic contribution

3, 98, 121, HP 2022 10-K (pages 42–43, 50, 62, 83, 99)

Financial investment contribution

HP 2022 10-K (pages 31, 47, 82, 107)

Innovation of better products and services

Total R&D expenses ($)

HP 2022 10-K (pages 42–43, 59)

Community and social vitality

Total tax paid

HP 2022 10-K (pages 39–40, 67, 88–93)

World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index

PeopleGRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes

149

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Prosperity

GRI index
This report was prepared in accordance with the GRI 2021 Sustainability Reporting Standards. This index includes links to information about relevant Disclosures.
Introduction
Sustainable Impact

Disclosure

Climate Action

GRI 2: General Disclosures

Human Rights

2-1 Organizational details

Digital Equity and philanthropy
Integrity
Appendix

Disclosure

Location

2-19 Remuneration policies

HP 2023 Proxy Statement (pages 46–76)

3, HP 2022 10-K (page 5), HP Supplier List

2-20 Process to determine remuneration

HP 2023 Proxy Statement (pages 49–52)

2-2 Entities included in the organization’ssustainability reporting

HP 2022 10-K (page 5)

2-21 Annual total compensation ratio

HP 2023 Proxy Statement (page 75)

2-22 Statement on sustainable development strategy

5, 10

2-3 Reporting period, frequency and contact point

4, 138, General feedback

2-23 Policy commitments

68, 69, 129, 131, 134, Human Rights Policy, Integrity at HP 2022

About this report

2-4 Restatements of information

Noted in sections as appropriate.

ESG material topics

2-5 External assurance

138, 143

Policies and standards

2-6 Activities, value chain and other business relationships

3, 74, 75, 84, HP 2022 10-K (paqe 5)

2-24 Embedding policy commitments

11, 68, 69, 129, 131, 134, Integrity at HP 2022

Independent accountants’review report

2-7 Employees

87, 92, 102

2-25 Processes to remediate negative impacts

72, 129, 132

2-8 Workers who are not employees

1022-26 Mechanisms for seeking advice and raising concerns

70, 73, 127, Integrity at HP

A portion of the organization’s work is performed by individuals
other than HP employees or other workers supervised by HP,
including workers employed or supervised by contractors.

2-27 Compliance with laws and regulations

41, 80, 127, HP 2022 10-K (page 114)

2-28 Membership associations

Affiliations and Memberships

2-29 Approach to stakeholder engagement

12, 13, 55, 90

United Nations Sustainable
Development Goals index
Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes

150

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Location

2-9 Governance structure and composition

11, 126, Governance—HP Board of Directors, Corporate
Governance Guidelines, Nominating, Governance andSocial Responsibility Committee Charter 2020, Committee
Composition, HP 2023 Proxy Statement (page 30)

2-10 Nomination and selection of the highest
governance body

Corporate Governance Guidelines, HP 2023 Proxy
Statement (page 23)

2-11 Chair of the highest governance body

Governance, Corporate Governance Guidelines, HP 2023 Proxy
Statement (pages 18, 31–32)

2-12 Role of the highest governance body in overseeing themanagement of impacts

11, 68, Nominating, Governance and Social Responsibility
Committee Charter 2020

2-13 Delegation of responsibility for managing impacts

11, 68

2-14 Role of the highest governance body insustainability reporting

HP 2023 Proxy Statement (pages 9, 28, 34)

2-15 Conflicts of interest

Corporate Governance Guidelines, Integrity at HP 2022

2-16 Communication of critical concerns

73, 127, Contacting the Board

2-17 Collective knowledge of the highest governance body

HP 2023 Proxy Statement (page 16), HP Board of Directors

2-18 Evaluation of the performance of the highest
governance body11, HP 2023 Proxy Statement (page 24)

Integrity at HP (Code of Conduct), Supply chain responsibility:
Our approach

Some forms of stakeholder engagement follow a set frequency,such as our annual employee Voice Insight Action survey, yearly
responses to rating/ranking questionnaires, and supplier audits.
Other forms of engagement, such as responses to customer
requests for information about our Sustainable Impact
performance, collaboration with NGOs and industry peers on
specific issues, and discussion with policymakers, occur on an
ad hoc basis. Examples are included throughout this report. We
consider input from customers, NGOs, employees, investors,
and others in the preparation of our annual Sustainable
Impact Report.
2-30 Collective bargaining agreements

Approximately 18,600 employees are represented byan independent trade union, works council, or other
employee representative group, or covered by collective
bargaining agreements.

Disclosure
Introduction
Sustainable Impact

GRI 3: Material Topics
3-1 Process to determine material topics

Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
3-2 List of material topics

Appendix
About this report
ESG material topics
Policies and standards
Independent accountants’review report

Location

Disclosure

Location

GRI 301: Materials
12, 13, 139

3-3 Management of material topics

HP determined the boundary for each material issue inthis report based on input and review from executives
and content experts. These assessments considered thevalue chain phases in which the most relevant impacts andopportunities occur.

35, 42, 48, 84, HP Product Material Content Information, Supply
chain responsibility: Our approach, HP CDP Forests response,
HP Circularity accounting manual301-1 Materials used by weight or volume42, 64301-2 Recycled input materials used

42, 64140301-3 Reclaimed products and their packaging materials

39, 64

There have been no changes to the list of material topics since
the previous reporting period.

GRI 302: Energy
3-3 Management of material topics

GRI 200: Economic Standard Series

23, 26, 72, 140, 142
Climate justice was an additional human rights issue thatemerged during the stakeholder engagement; HP recognizes
the importance of managing energy usage to mitigate potential
human rights impact.

GRI 201: Economic Performance*
3-3 Management of material topics

98, 134, HP 2022 10-K (page 42), HP Fiscal 2022 Financial Outlook

United Nations Sustainable
Development Goals index

201-1 Direct economic value generated and distributed

3, HP 2022 10-K (page 42)302-1 Energy consumption within the organization57

Sustainability AccountingStandards Board index

201-2 Financial implications and other risks andopportunities due to climate change

56, HP CDP Climate Change response, HP 2022 10-K (page 15)302-3 Energy intensity

61

Task Force on Climate-related
Financial Disclosures index

201-3 Defined benefit plan obligations and otherretirement plans

HP 2023 Proxy Statement (page 60), HP 2022 10-K (pages 39,
50, 76)302-4 Reduction of energy consumption

17, 20, 23
26World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index

201-4 Financial assistance received from government

HP 2022 10-K (pages 63, 84, 88)

302-5 Reductions in energy requirements of products
and services

GRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes

GRI 203: Indirect Economic Impacts
3-3 Management of material topics

98, 121, 123, 134, 140, HP Global Charitable Contributions Policy

203-1 Infrastructure investments and services supported

25, 30, 98, 121, HP LIFE, Life success stories

203-2 Significant indirect economic impacts

98, 99, 122, HP Global Charitable Contributions Policy

GRI 205: Anti-corruption
3-3 Management of material topics

69, 72, 126, 128, 140, Anti-Corruption Policy, Integrity at HP

205-1 Operations assessed for risks related to corruption

127, 128, Anti-Corruption Policy
Results of HP’s internal assessments of corruption-related risks
are confidential.

151

205-2 Communication and training about anti-corruption
policies and procedures

126, 128205-3 Confirmed incidents of corruption and actions taken

Results of HP's internal assessments of corruption-relatedrisks are confidential.

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact* Although this GRI Standards topic was not determined to be material in HP’s ESG materiality assessment, we recognize that it is relevant
to some stakeholders, and we provide information about HP’s programs and performance in this area.

GRI 303: Water and Effluents*
3-3 Management of material topics

29, 30, HP Water accounting manual, HP CDP Water Security
HP recognizes the importance of protecting water as an
essential resource, and manages water and effluents to avoid
exacerbating potential adverse impacts on human rights.

303-1 Interactions with water as a shared resource

29, 30, HP Water accounting manual, HP CDP Water
Security response

303-2 Management of water discharge-related impacts

29, 31, HP CDP Water Security response

303-3 Water withdrawal

30, 59, 61, HP CDP Water Security response

303-4 Water discharge

HP CDP Water Security response (W1.2b): p7

303-5 Water consumption

59, HP CDP Water Security response (W1.2b): p7

Introduction
Sustainable Impact

Disclosure
GRI 200: Economic Standard Series
GRI 305: Emissions

Location

3-3 Management of material topics

15, 17, 23, 72, HP Carbon accounting manual

Climate Action

Climate justice was an additional issue that emerged during
the stakeholder engagement; HP recognizes the importanceof managing emissions to mitigate this potential humanrights impact.

Human Rights
Digital Equity and philanthropy
Integrity

305-1 Direct (Scope 1) GHG emissions

57, HP CDP Climate Change response, HP Carbon
accounting manual

305-2 Energy indirect (Scope 2) GHG emissions

57, HP CDP Climate Change response, HP Carbon
accounting manual

Policies and standards

305-3 Other indirect (Scope 3) GHG emissions

Independent accountants’review report

57, HP CDP Climate Change response, HP Carbon
accounting manual

305-4 GHG emissions intensity

United Nations Sustainable
Development Goals index

57, HP CDP Climate Change response, HP Carbon
accounting manual

305-5 Reduction of GHG emissions

14, 17, 23, HP CDP Climate Change response, HP Carbon
accounting manual

305-6 Emissions of ozone-depleting substances (ODS)61, HP CDP Climate Change response, HP Carbon
accounting manual

Appendix
About this report
ESG material topics

Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes

GRI 306: Waste*

www.hp.com/sustainableimpact

308-1 New suppliers that were screened using
environmental criteria

75
Ninety-five percent of HP production suppliers, by spend, havebeen screened using environmental criteria. This includes new
suppliers that were onboarded during 2022.

GRI 401: Employment
3-3 Management of material topics

75, 89, 90, 91, 126

401-1 New employee hires and employee turnover102

401-2 Benefits provided to full-time employees that are notprovided to temporary or part-time employees

89This is not practical to report by significant locations ofoperations, given variation by country.

GRI 402: Labor/Management Relations
3-3 Management of material topics

89, 90402-1 Minimum notice periods regarding
operational changes

HP does not currently disclose this information.

GRI 403: Occupational Health and Safety
3-3 Management of material topics

54, 79, 90, HP Environmental, Health and Safety Policy, Supply
chain responsibility: Our approach403-1 Occupational health and safety
management system

54403-2 Hazard identification, risk assessment, and incident
investigation

54, 79, 90

403-3 Occupational health services

54, 9032, 33, 35, 39, 43, 47, 55, 72, Export of Electronic Waste to
Developing Countries Policy

306-1 Waste generation and significant wasterelated impacts

32, 33, 36, 39, 47, 61, HP’s Statement on E-Waste and Used
Electronic Equipment306-2 Management of significant waste-related impacts

33, 39, 43
33, 61

403-4 Worker participation, consultation, andcommunication on occupational health and safety

54, HP Supplier Code of Conduct306-3 Waste generated
306-4 Waste diverted from disposal

33, 61

403-5 Worker training on occupational health and safety

79306-5 Waste directed to disposal

33, 61403-6 Promotion of worker health91

3-3 Management of material topics

2022 HP Sustainable
Impact Report

Location

3-3 Management of material topics

GRI 308: Supplier Environmental Assessment

152

Disclosure

72, 75, Supply chain responsibility: Our approach, HP Supplier
Code of Conduct, Supplier sustainability requirements
We determined that 94% of HP first-tier production suppliers,
by spend, had environmental management system (EMS)
certification (e.g., ISO 14001) for manufacturing sites during2022. Data represents review of 97% of HP production spend.
The HP Supplier Code of Conduct requires our suppliers to havean effective EMS for manufacturing sites, regardless of thirdparty certification. We audit suppliers to this standard.

403-7 Prevention and mitigation of occupational health and 79
safety impacts directly linked by business relationships* Although this GRI Standards topic was not determined to be material in HP’s ESG materiality assessment, we recognize that it is relevant
to some stakeholders, and we provide information about HP’s programs and performance in this area.

Introduction

Disclosure

Location

Disclosure403-9 Work-related injuries

105

GRI 406: Non-discrimination

The types of injury HP recorded in calendar year 2022 included
head/neck (15% of the total), hands/wrists (16%), lower
extremities (14%), arms/shoulders (12%), back (19%), and other(23%). Some injuries are classified using multiple injury types.
It is not practical to break down the injury data that HP reports
by employment contract (employees and contractors that HP
manages) or by gender. HP experienced zero fatalities for theyear reported (calendar years 2020-2022). HP does not reportabsentee rate.

3-3 Management of material topics

69, 72, 126, Supply chain responsibility: Our approach, HP
Human Rights Policy, Global Non-Discrimination Policy, Global
Harassment-Free Work Environment Policy, Open Door Policy

406-1 Incidents of discrimination and corrective
actions taken

HP discloses the rates of conformance in production
supplier sites audited, as well as the data needed to calculate
the approximate number of nonconformances. Due toconfidentiality, HP does not report details regarding specificincidents of discrimination during the reporting period.

GRI 200: Economic Standard Series
GRI 403: Occupational Health and Safety

Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Appendix
About this report
ESG material topics
Policies and standards

United Nations Sustainable
Development Goals index
Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index

Endnotes

87, 90Each year, HP leaders identify human capital development
priorities to help advance our business and human resource
strategies. This involves analyzing the capabilities and skills
we need to deliver on culture and talent development, business
transformation, leadership agility, employee engagement,
and innovation. This needs assessment is informed bydata sources such as our employee engagement survey,
succession planning, and business performance metrics.
Employees also work with their managers to create annual
personal development goals that build on their strengths,
improve performance, and progress their careers. We trackand measure employee development at program and audiencelevels, with clear targets for both. We systematically evaluate
all formal development programs through our learning
management system, and for selected programs we measure
improvements in employee performance and business impact.

Independent accountants’review report

United Nations Guiding
Principles Reporting
Framework index

GRI 407: Freedom of Association and Collective Bargaining

GRI 404: Training and Education
3-3 Management of material topics

404-1 Average hours of training per year per employee

88404-2 Programs for upgrading employee skills andtransition assistance programs

88404-3 Percentage of employees receiving regularperformance and career development reviews88

GRI 405: Diversity and Equal Opportunity

153

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Location

3-3 Management of material topics

69, 72, 89, 93, 95, 99

405-1 Diversity of governance bodies and employees

102, HP Board of Directors, HP 2023 Proxy Statement

3-3 Management of material topics

75, 81, Supply chain responsibility: Our approach, HP Human
Rights Policy, Open Door Policy

407-1 Operations and suppliers in which the right tofreedom of association and collective bargaining may be
at risk82
HP discloses the rates of conformance in production suppliersites audited, as well as the data needed to calculate theapproximate number of nonconformances. We require suppliers
to train workers to understand their rights concerning collective
bargaining, and to allow workers to associate freely without fearof discrimination, reprisal, intimidation, or harassment.

GRI 408: Child Labor
3-3 Management of material topics

69, 72, 74, 78, Supply chain responsibility: Our approach, HP
Modern Slavery Act Transparency Statement, HP Human
Rights Policy

408-1 Operations and suppliers at significant risk forincidents of child labor

72, 82, HP Supplier Code of Conduct
One hundred percent of our suppliers were in conformancewith the “risk of child labor” provision of the Supplier Code of
Conduct in 2022. Ninety-one percent of our suppliers were inconformance with the “Young worker protection management
systems” in 2022.
HP discloses the rates of conformance in production suppliersites audited, as well as the data needed to calculate theapproximate number of nonconformances. To support rights
in this area, HP has controls to meet student and young worker
requirements. In China, no more than 20% of the direct laborsupporting the manufacturing of HP products, packaging, parts,
components, subassemblies, and materials at any given facility
should consist of student workers at any point in time. We track
performance in this area through our KPI program and student
worker assessments.

Disclosure

Introduction
Sustainable Impact

GRI 200: Economic Standard Series

GRI 409: Forced or Compulsory Labor69, 72, 74, 78, Supply chain responsibility: Our approach,
HP Modern Slavery Act Transparency Statement, HP Human
Rights Policy

409-1 Operations and suppliers at significant risk forincidents of forced or compulsory labor78, 82

Human Rights

Integrity
Appendix

HP discloses the rates of conformance in production suppliersites audited, as well as the data needed to calculate theapproximate number of nonconformances.

About this report

GRI 413: Local Communities*

ESG material topics

3-3 Management of material topics

99, 107, 110, 121, 123, 124, HP Global Charitable
Contributions Policy

Independent accountants’review report413-1 Operations with local community engagement,
impact assessments, and development programs

75, 99, 108, 118, 121

United Nations Sustainable
Development Goals index

GRI 414: Supplier Social Assessment

Policies and standards

Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index

3-3 Management of material topics

75, 80, Supply chain responsibility: Our approach414-1 New suppliers that were screened usingsocial criteria75

GRI index

154

134, HP Political Contributions Policy, HP Employee PAC
Contributions, U.S. lobbying expenditures
HP understands the importance of managing its public policy
engagement so that it aids in promoting policies that protect
and advance human rights.

United Nations Guiding
Principles Reporting
Framework index
Endnotes

Ninety-five percent of HP production suppliers, by spend, havebeen screened using social criteria. This includes new suppliers
that were onboarded during 2022.

GRI 415: Public Policy
3-3 Management of material topics

415-1 Political contributions

134

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Disclosure

Location

GRI 416: Customer Health and Safety

3-3 Management of material topics

Climate Action

Digital Equity and philanthropy

Location* Although this GRI Standards topic was not determined to be material in HP’s ESG materiality assessment, we recognize that it is relevant
to some stakeholders, and we provide information about HP’s programs and performance in this area.

3-3 Management of material topics

69, 72, 135, Declarations of Conformity for European Union
requirements, Safety data sheets

416-1 Assessment of the health and safety impacts ofproduct and service categories

135

GRI 418: Customer Privacy
3-3 Management of material topics

69, 72, 132, Our Approach to Privacy, HP U.S. Privacy Statement418-1 Substantiated complaints concerning breaches ofcustomer privacy and losses of customer data

130

Introduction
Sustainable Impact
Climate Action

United Nations Guiding Principles Reporting
Framework index
HP is committed to respecting the United Nations Guiding Principles on Business and Human Rights. HP considered the United Nations Guiding Principles Reporting
Framework (UNGPRF) in the development of this report. This index includes links to information about relevant Disclosures.

Human Rights
Digital Equity and philanthropy

Human rights topic

Integrity

PART A: GOVERNANCE OF RESPECT FOR HUMAN RIGHTS

Section of the UNGPRF

Appendix

Policy commitment

What does the company say publicly about
its commitment to respect human rights?

10, 12, 13, 66, 69, 2023 Proxy Statement(page 34), HP Human Rights Policy, Modern
Slavery Transparency Statement 2023

A1.1

How has the public commitment
been developed?

11, 12, 66, 68, 69, 72

Policies and standards
Independent accountants’review report

A1.2

Whose human rights does the public
commitment address?

69, 72, 140, Modern Slavery Transparency
Statement 2023

United Nations Sustainable
Development Goals index

A1.3

How is the public commitment
disseminated?

68, 70, 73, 75, 126, Modern Slavery Transparency
Statement 2023, Integrity at HP, HP Supplier
Code of Conduct

A2

How does the company demonstrate
the importance it attaches tothe implementation of its humanrights commitment?

5, 66, 68, 69, 140, HP Human Rights Policy

A2.1

How is day-to-day responsibility for humanrights performance organized within thecompany, and why?

68

A2.2

What kinds of human rights issues are
discussed by senior management and by
the Board, and why?

68, 72, 73, Modern Slavery Transparency
Statement 2023

How are employees and contract workers
made aware of the ways in which respect forhuman rights should inform their decisions
and actions?

70, 76, 99, 126, Modern Slavery Transparency
Statement 2023

A2.4

How does the company make clear in its
business relationships the importance itplaces on respect for human rights?

5, 66, 69, 71, 72, 74, HP Human Rights Policy, HP
Supplier Code of Conduct, Modern Slavery
Transparency Statement 2023

A2.5

What lessons has the company learned
during the reporting period about achieving
respect for human rights, and what haschanged as a result?

72, Modern Slavery Transparency Statement
2023

Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes

155

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

Embedding respect

A2.3

Human rights topic

Section of the UNGPRF

LocationPART B: DEFINING THE FOCUS OF REPORTING

A1

About this report
ESG material topics

Location

Statement of salientissuesB1Statement of salient issues: State thesalient human rights issues associatedwith the company’s activities and business
relationships during the reporting period.

72

Determination ofsalient issues

B2

Determination of salient issues: Describe
how the salient human rights issues were
determined, including any input fromstakeholders.

72

Choice of focal
geographies (if any)

B3

Choice of focal geographies: If reportingon the salient human rights issues focuseson particular geographies, explain how thatchoice was made.

72, 78Additional severe
impacts (if any)

B4

Additional severe impacts: Identify any
severe impacts on human rights that
occurred or were still being addressed
during the reporting period, but which falloutside of the salient human rights issues,and explain how they have been addressed.

122, Modern Slavery Transparency
Statement 2023

PART C: MANAGEMENT OF SALIENT HUMAN RIGHTS ISSUES
Specific policies

C1

Does the company have any specificpolicies that address its salient humanrights issues and, if so, what are they?

69, 78, 84, Policies and Standards, HP Human
Rights Policy, Modern Slavery Transparency
Statement 2023

C1.1

How does the company make clear the
relevance and significance of such policies
to those who need to implement them?

68, 70, HP Human Rights Policy, Integrity at HP,
HP Supplier Code of Conduct, Policies andStandards, Modern Slavery Transparency
Statement 2023

Introduction
Sustainable Impact
Climate Action

Human rights topic Section of the UNGPRFPART C: MANAGEMENT OF SALIENT HUMAN RIGHTS ISSUES
Stakeholder
C2
What is the company’s approach toengagement
engagement with stakeholders in relation toeach salient human rights issue?

Human Rights

Appendix

United Nations Sustainable
Development Goals index

Assessing impacts

Sustainability AccountingStandards Board index

GRI index
United Nations Guiding
Principles Reporting
Framework index

Integrating findings
and taking action

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

10, 15, 66, 78, 80, 93, 94, 130

C5.1

What specific examples from the reporting
period illustrate whether each salient issue
is being managed effectively?

77, 78, 85, 90

C6How does the company enable effective
remedy if people are harmed by its actions
or decisions in relation to a salient humanrights issue?

73, Modern Slavery Transparency Statement
2023

C6.1

Through what means can the company
receive complaints or concerns related toeach salient issue?

73, Integrity at HP, Integrity at HP—Report an
ethics concern

C6.2

How does the company know if people feelable and empowered to raise complaints
or concerns?

73

C6.3

How does the company process complaints
and assess the effectiveness of outcomes?

73, 130, Modern Slavery Transparency
Statement 2023

C6.4

During the reporting period, what were
the trends and patterns in complaints orconcerns and their outcomes regarding
each salient issue, and what lessons has thecompany learned?

78, 80, 85, 127, 130

C6.5

During the reporting period, did the company 77, 78, 85, 90
provide or enable remedy for any actual
impacts related to a salient issue and, if so,
what are typical or significant examples?

During the reporting period, whichstakeholders has the company engaged
with regarding each salient issue, and why?

12, 70, 72, 73, 94, 98, HP Human Rights Policy

C2.3

During the reporting period, how havethe views of stakeholders influenced thecompany’s understanding of each salientissue and/or its approach to addressing it?

12, 72, 73, 75, 78, 79, 80, 98

C3

How does the company identify any
changes in the nature of each salient humanrights issue over time?

12, 72, 73, 78, 80, 84, 89, 90, 128

C3.1

During the reporting period, were there
any notable trends or patterns in impacts
related to a salient issue and, if so, what
were they?

78, 80, 85, 127, 130

C3.2

During the reporting period, did any severe
impacts occur that were related to a salientissue and, if so, what were they?

78, 81, 130, Modern Slavery Transparency
Statement 2023

C4

How does the company integrate its findings
about each salient human rights issue into
its decision-making processes and actions?

68, 69, 72, 80

C4.1

How are those parts of the company whose
decisions and actions can affect the
management of salient issues, involved infinding and implementing solutions?

68, 72, 81

C4.2

When tensions arise between the prevention 5, 68, 128, HP Human Rights Policy, Modern
or mitigation of impacts related to a salient
Slavery Transparency Statement 2023
issue and other business objectives, how
are these tensions addressed?

C4.3

During the reporting period, what action
has the company taken to prevent or
mitigate potential impacts related to eachsalient issue?

Endnotes

156

How does the company know if its efforts toaddress each salient human rights issue are
effective in practice?

C2.2

Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index

Location

C5

12, 72, 73, HP Human Rights Policy, Integrity
at HP, HP Supplier Code of Conduct, Modern
Slavery Transparency Statement 2023

Policies and standards
Independent accountants’review report

Section of the UNGPRF

Tracking
performance

How does the company identify whichstakeholders to engage with in relation toeach salient issue, and when and how to
do so?

About this report
ESG material topics

Human rights topic

C2.1

Digital Equity and philanthropy
Integrity

Location
70, 72, 73, HP Human Rights Policy, Integrity
at HP, HP Supplier Code of Conduct, Modern
Slavery Transparency Statement 2023

Remediation

74, 77, 78, 81, 127

Endnotes
Introduction
Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity

1

As of October 31, 2022. Includes employees from the Polyacquisition.

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

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

4

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

Appendix
About this report
ESG material topics

5

Hourly rate is based on type of volunteering: US$195/hour forboard, 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 forpurchasing power differences across countries.

6

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

7

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.

Policies and standards
Independent accountants’review report
United Nations Sustainable
Development Goals index
Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes

8

9

157

www.hp.com/sustainableimpact

Based on U.S. EPEAT® registration according to IEEE 1680.12018 EPEAT. EPEAT status varies by country. Visit www.epeat.
net for more information.

10 HP services are sold separately. HP services are governed by
the applicable HP terms and conditions of service provided orindicated 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.
112022 HP Sustainable
Impact Report

One hundred percent of outer box packaging and corrugatedcushions made from sustainably sourced, certified, andrecycled fibers.

There are two offset options available: HP’s Carbon Neutral
to the Door option covers carbon offsetting of material
extraction, component and product manufacturing, andproduct 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 forcommercial HP desktops, displays, and workstations, and endof-service.

12 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 inaccordance with its CarbonNeutral Protocol. Please review
this document for complete details.
13 A 2021 Four Elements Consulting LCA study, commissioned
by HP, provides a comparative environmental assessment ofan 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 anda 1.8% lower carbon footprint when looking at the entire life
cycle of the cartridge.

Climate Action
12

3

HP estimates supplier GHG emissions avoided based on
supplier-reported energy savings from specific energyefficiency projects (compared to projected energy use
without those projects) and supplier use of zero-emissions
energy. This energy data is converted into GHG emissions
avoided using emission factors for electricity and fuel types.
This data also includes estimates of product transportationrelated GHG emissions avoided, related to specific initiatives
to improve product transportation efficiency.
All HP-brand paper is derived from certified sources; paperbased 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-basedmaterials inside the box. Packaging for commercial, industrial,and 3D products, scanners, personal systems accessories,and spare parts is not included.
Absolute reduction of Scope 1, 2, and 3 GHG emissions
compared to 2019. Excludes non-HP paper consumed during
product use.

14 Weight percentage where toner and components consideredby 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.

4This updated goal was validated by SBTi, and supports
our broader goal to achieve carbon-neutral HP operations
by 2025.

5Percentage of HP’s total annual product and packaging
content, by weight, that will come from recycled andrenewable materials and reused products and parts by 2030.

15 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 willvary based on press configuration, print speed, media types,
print mode, color profiles, and print quality requirements. Page
= one page front and back.

6

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

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

7

Sustainable Impact
1

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, andproducts as a service with end-of-life management policies.

2

This ESG materiality assessment followed the “double
materiality” principle, which considers both how topics impact
a company and how the company impacts the environmental,social, and economic aspects of those topics.

8

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 recycledplastic, closed-loop plastic, and ocean-bound plastics usedin 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.
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; andaccessories such as third-party options, drop in box, andaftermarket options.
9

Zero-waste operations: eliminate nonhazardous waste tolandfill in all HP direct operations by 2025. Includes all HPowned and -managed sites worldwide. Zero waste is definedby the UL or TRUE certification standards.

10 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.
11

HP-brand paper and paper-based packaging for home andoffice 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-basedmaterials inside the box.

12 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 bytaking 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, throughour responsible sourcing programs. See HP Forest positive
accounting manual.
13 All HP-brand paper is derived from certified sources; paperbased 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-basedmaterials inside the box. Packaging for commercial, industrial,and 3D products, scanners, personal systems accessories,and spare parts is not included.
14 Carbon and water footprint data presented in this section
related to our production suppliers (except for HP-brand
paper) is calculated using product life cycle assessment(LCA)–based estimates for materials extraction throughmanufacturing and product transportation. Production
supplier GHG emissions and water withdrawal data presented
in Supply chain environmental impact is based on adifferent methodology.
15 Absolute reduction of Scope 1, 2, and 3 GHG emissions
compared to 2019. Excludes non-HP paper consumed during
product use.

Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Appendix
About this report
ESG material topics
Policies and standards
Independent accountants’review report
United Nations Sustainable
Development Goals index
Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes

16 Intensity is calculated as the portion of first-tier production
and product transportation suppliers’ reported GHG
emissions attributable to HP, divided by HP’s annual revenue.
This method normalizes performance based on businessproductivity. Intensity is reported as a three-year rolling
average to decrease the impact of variance year over year
and highlight longer-term trends. Production supplier GHG
emissions include Scope 1 and Scope 2.
17 This continues a goal from before the separation of HewlettPackard 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.
18 HP estimates supplier GHG emissions avoided based on
supplier-reported energy savings from specific energyefficiency projects (compared to projected energy use
without those projects) and supplier use of zero-emissions
energy. This energy data is 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.
19 Ibid.
20 These are the total GHG emissions reductions and financial
savings reported by suppliers through CDP, not amounts
calculated by or attributable to HP.
21 Due to COVID-19, in limited cases SmartWay partners were
not available during 2022.
22 About GHG emissions data: This report includes
Scope 1, 2, and 3 GHG emissions data from HP’s operations,transportation fleet, and employee business travel, calculated
according to the Greenhouse Gas Protocol of the World
Business Council for Sustainable Development and World
Resources Institute (WRI). See the HP 2022 carbon footprint
for more details and an overview of emissions across thevalue chain.
• Scope 1 emissions include those from the direct use ofnatural gas, gasoline, diesel fuel, LPG, jet fuel, refrigerants,
and PFCs in operations and from fuel used by HP’stransportation fleet.
• Scope 2 emissions are primarily from purchased electricity
used in HP’s operational real estate.
• Scope 3 emissions reported in this section result from
employee business travel by commercial airlines andfrom commuting.

158

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact• Data in this section for 2020–2022 uses the market-based
method. In the data summary, we also include 2020–2022
data using the location-based method.

23 This updated goal was validated by SBTi, and supports
our broader goal to achieve carbon-neutral HP operations
by 2025.
24 Data does not add up to 100% due to rounding.
25 As applicable, HP uses RECs in Canada and the United States,
GOs in most European countries, and I-RECs in most Asian
countries and other countries not covered by RECs and GOs.
26 The average energy consumption of HP products wasestimated annually between 2019 and 2022 using high-volume
product lines representative of the overall shipped productvolume. The high-volume personal systems product lines
include notebook and desktop computers, tablets, all-in-ones,
workstations, thin clients, and displays.
27 HP calculations based on ENERGY STAR® normalized TEC datacomparing the HP LaserJet 200–500 series with predecessor
printing systems not using HP EcoSmart.
28 HP+ products have a CarbonNeutral Usage Certificationfrom Climate Impact Partners hp.com/hp-plus-carbonneutral. Usage covers electricity for the printer and life
cycle emissions for the cartridge, but not manufacturing,
distribution, or emissions associated with paper production.
For more information see The CarbonNeutral Protocol from
Climate Impact Partners.
29 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 willvary based on press configuration, print speed, media types,
print mode, color profiles, and print quality requirements. Page
= one page front and back.
30 Carbon emissions will vary based on printing settings, local
energy grid, logistic routes, etc.
31 We conduct PCFs, a subset of LCAs, of business HP
desktops, notebooks, tablets, workstations, thin clients,
all-in-one computers, and displays to better understand theperformance of individual products and our overall portfolio.
These estimate total GHG emissions associated with aproduct over its lifetime and include emissions from materials
extraction, manufacturing, distribution, use, and end-of-life
management. To assess and report our complete personal
systems PCF, we extrapolate these results to cover 99%
of overall personal systems product sales (by unit and byrevenue) during the reporting year.
32 Applicable to select HP inks. UL ECOLOGO® Certified inks
meet a range of stringent human health and environmental
considerations. For certifications, see https://www.ul.com/ELand https://www.ul.com/gg.
33 As of December 2022.

34 GREENGUARD Gold certification to UL 2818 demonstrates
that products are certified to GREENGUARD standards for low
chemical emissions into indoor air during product usage. For
more information, visit ul.com/gg.
35 Applicable to select HP printers. EPEAT® registered whereapplicable. EPEAT registration varies by country. See https://www.epeat.net/ for registration status by country.
36 As of October 2022.
37 As of January 2023.
38 Data as of October 31, 2022.
39 Original HP ink cartridge certification to UL 2801
demonstrates compliance with a range of multiattribute, life cycle–based criteria related to humanhealth and environmental considerations; see UL.com/EL
and KeypointIntelligence.com/HPInkUL.
40 Water footprint data presented in this section related
to our production suppliers (except for HP-brand paper)is calculated using product LCA-based estimates formaterials extraction through manufacturing and producttransportation. Production supplier water withdrawal data
presented in Supply chain environmental impact is based on adifferent methodology.
41 To more closely align with the GRI Standards, we are reporting
this data according to baseline water stress as opposed tooverall water risk as reported in past years.
42 NEWater (ultra-purified wastewater used in manufacturing
operations, landscaping, and greywater plumbing in
Singapore) is currently our only reused source.
43 The dewatering wells at Corvallis, Oregon, United States, areexcluded from HP’s groundwater withdrawal data.
44 HP directly tracks nonhazardous waste data for thecompany’s highest energy–consuming sites globally(13,100 tonnes in 2022), which account for 70% of HP’s
operational waste. These sites provide a representative
sample of the main types of facilities in our portfolio fromacross the regions where we operate.
45 Zero-waste operations: eliminate nonhazardous waste tolandfill in all HP direct operations by 2025. Includes all HPowned and -managed sites worldwide. Zero waste is definedby the UL or TRUE certification standards.
46 Percentage of HP’s total annual product and packaging
content, by weight, that will come from recycled andrenewable materials and reused products and parts by 2030.

47 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.
48 HP services are sold separately. HP services are governed by
the applicable HP terms and conditions of service provided orindicated 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.
49 There are two offset options available: HP’s Carbon Neutral
to the Door option covers carbon offsetting of material
extraction, component and product manufacturing, andproduct 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 forcommercial HP desktops, displays, and workstations, and endof service.
50 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 thenpurchases and retires carbon offsets, procured throughClimate Impact Partners, which certifies HP’s Carbon Neutral
Computing Services in accordance with its CarbonNeutral
Protocol. Please review this document for complete details.
51 A 2021 Four Elements Consulting LCA study, commissioned
by HP, provides a comparative environmental assessment ofan 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 anda 1.8% lower carbon footprint when looking at the entire life
cycle of the cartridge.
52 Moderately water-resistant with Original HP Bright Office Inks.
Performance varies based on printer and print profile. Water
resistance testing by HP Image Permanence Lab on a range of
HP media, following ISO 18935 method. For more information,
see HP large format ink and media print permanence.

Climate Action

53 Weight percentage where toner and components consideredby 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.

Human Rights

54 See endnote 51 above.

Introduction
Sustainable Impact

Digital Equity and philanthropy
Integrity
Appendix
About this report
ESG material topics
Policies and standards
Independent accountants’review report
United Nations Sustainable
Development Goals index
Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index

55 HP DaaS includes hardware, repair services, and analytics
components, and may include financing. HP DaaS
requirements may vary by region or by Authorized HP DaaS
Service Partner. Please contact your local HP Representativeor Authorized DaaS Service Partner for specific details inyour location. HP services are governed by the applicable
HP terms and conditions of service provided or indicated tothe customer at the time of purchase. Customer may haveadditional 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.
56 HP services are sold separately. HP services are governed by
the applicable HP terms and conditions of service provided orindicated 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.

World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index

57 Learn more about HP standards for hardware reuse
and recycling.

GRI index

59 HP services are sold separately. HP services are governed by
the applicable HP terms and conditions of service provided orindicated 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.

United Nations Guiding
Principles Reporting
Framework index
Endnotes

58 Learn more about HP standards for hardware reuse
and recycling.

60 There are two offset options available: HP’s Carbon Neutral
to the Door option covers carbon offsetting of material
extraction, component and product manufacturing, andproduct 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 forcommercial HP desktops, displays, and workstations, and endof service.

159

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

61 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 thenpurchases and retires carbon offsets, procured throughClimate Impact Partners, which certifies HP’s Carbon Neutral
Computing Services in accordance with its CarbonNeutral
Protocol. Please review this document for complete details.
62 HP Revitalize offers refurbished products that are HP
certified, including cosmetic grading, functional testing, data
wiping, re-image, and HP OEM parts. Select HP commercial G5
and higher devices are eligible for this service.
63 dMPS certification: CarbonNeutral® product-as-a-service,
The CarbonNeutral Protocol: https://www.carbonneutral.
com/the-carbonneutral-protocol. cMPS certification:
CarbonNeutral® product.
64 Based on results of third-party (WSP) research for HP of OEM
MPS providers with carbon-neutral offers as of September
2022. “Comprehensive” means the planet’s only globallycertified carbon-neutral MPS service that covers life cycle
emissions due to raw material extraction, manufacturing,transportation, and use of HP printers, Original HP supplies,
and paper, and end of service.

integrated cartridges (toner and drum in one cartridge).
Average CPP per country used to determine percentage
savings versus CPP for HP Instant Ink. Sale prices notconsidered for this study. Printers that only use XL cartridges
excluded due to non-standard hardware and supplies model.
Keypoint Intelligence September 2021 study commissioned
by HP, based on publicly available information as of August
18, 2021. Printers selected by market share in IDC Quarterly
Hardcopy Peripherals Tracker—Final Historical 2021Q2.
Learn more.
70 Availability varies due to local postal or environmental
regulations. See hp.com/hprecycle. Number of countries is asof October 2022.
71 Based on plan usage, internet connection to an eligible
HP printer, and a valid credit/debit card, email address,and delivery service in your geographic area. HP only
monitors pages printed through Instant Ink–enabled printers
subscribed to this service.

65 Refers to the emissions from the HP-branded fleet over theterm of the MPS.

72 FSC®: HP’s policy is to use fiber from responsibly managed
forests, and HP has a preference for offering FSC-certified
papers. HP trademark license code FSC-C017543; see fsc.org.
Not all FSC-certified products are available in all regions; look
for logo on pack.

66 Based on plan usage, internet connection to an eligible HP
printer, and a valid payment method, email address, anddelivery service in your geographic area.

73 This is the number of countries or territories where HP offers
hardware recycling and/or Original HP ink cartridge recycling
and/or Original HP and Samsung toner cartridge recycling.

67 Program availability varies due to local postal orenvironmental regulations. For details, see hp.com/hprecycle.

74 These include child labor, forced labor, severe forms of
discrimination, health and safety issues posing immediate
danger to life or risk of serious injury, and perceived violationof environmental laws posing serious and immediate harmto the community. We take such findings very seriously, andrequire suppliers to cease all related practices and reportcorrective actions taken within 30 days of the original audit.
Recruitment fees must be reimbursed within 90 days of
discovery, and this is verified by an on-site inspection within
180 days of discovery. We follow up closely to ensure that
all required corrective actions are completed, and visit sites
to confirm resolution. Immediate priority findings do notnecessarily involve termination of the supplier; we work with
suppliers as appropriate to improve their performance andworker conditions in these areas.

68 Based on monthly subscription cost of HP Instant Ink 700page plan without purchase of additional sets of pages
compared to cost per page (CPP) to print ISO/IEC 24711 pages
on most in-class, traditional A4 color inkjet cartridge printers
and MFPs priced <A$385, <C$420, <NZ$333, and <US$350
using original, standard-capacity cartridges. Average CPP
per country used to determine percentage savings versus
CPP for HP Instant Ink. Sale prices not considered for thisstudy. HP Ink Advantage printers and printers that only use
XL cartridges excluded due to non-standard hardware andsupplies model. Keypoint Intelligence September 2021 study
commissioned by HP, based on publicly available information
as of August 18, 2021. Printers selected by market share in
IDC Quarterly Hardcopy Peripherals Tracker—Final Historical
2021Q2. Learn more.
69 Based on monthly subscription cost of HP Instant Ink
monochrome toner service 1,500-page plan without purchaseof additional sets of pages compared to CPP to print ISO/IEC 24711 pages on most in-class, traditional A4 monochrome
toner cartridge printers <US$493 and <€494 and MFPs
priced <US$649 and <€672 using original, standard-capacity

75 As defined in the GRI Sustainability Reporting Standards,
renewable material is “material derived from plentiful
resources that are quickly replenished by ecological cycles oragricultural processes, so that the services provided by theseand other linked resources are not endangered and remain
available for the next generation.” To count as renewable, HP
also requires that materials must be sustainably sourced
and, where applicable, certified through a credible third-party
certification scheme.

76 This data reflects the number of EPEAT®-registered productmodels for which substance inventory is collected, divided by
the total number of EPEAT-registered product models.
77 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.
78 Applicable to HP 832 ink cartridges, CO2e reduction based on
moving from plastic ink cartridge to cardboard HP Eco-Carton
ink cartridge, with annual manufacturing savings of 291 tonnes
CO2e and transportation savings of 8 tonnes CO2e.
79 For ink bag and printhead take back, visit https://www.hp.com/
recycle to see how to participate and for HP Planet Partners
program availability; program may not be available in yourjurisdiction. Where this program is not available, and for otherconsumables not included in the program, consult your local
waste authorities on appropriate disposal.
80 Over 75% plastic reduction is calculated by comparing theweight of the plastic in HP Neverstop Laser 103/143 A/AD and
HP Laser NS 108 A/AD Toner Reload Kit and its packaging.
81 HP calculation based on aftermarket supplies waste
consumption with HP LaserJet M208, M209, M211 and MFP
M232, M233, M234, M236 printers using HP Black OriginalLaserJet toner cartridge 134A/X, 135A/X, 136A/X and 137A/X.
82 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 plastic
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.
83 Recycled magnesium by weight: enclosure includes top cover,screen bezel, palm rest cover, and bottom cover.
84 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.
85 One hundred percent of outer box packaging and corrugatedcushions made from sustainably sourced, certified, andrecycled fibers.
86 Based on U.S. EPEAT registration according toIEEE 1680.1-2018 EPEAT. EPEAT status varies by country. Visit
www.epeat.net for more information.

Introduction
Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity

87 Eco edition applies to HP 14-inch PC manufactured after
Nov 2022. Based on EPEAT® Gold registrations meeting all
required criteria and achieving more recycled content used in
more components than any competitor PC in its class. Basedon EPEAT Gold (first in its class to achieve 75%–100% of theoptional points) according to IEEE 1680.1-2018 EPEAT. Statusvaries by country. Visit www.epeat.net for more information.
Approx. 25% system-level recycled plastics, included in thefollowing PC components: speaker box, bottom cover, bezel,
and keyboard keycaps.
88 Incorporates waste bio-feedstock according to the massbalance approach.

Appendix
About this report
ESG material topics
Policies and standards
Independent accountants’review report
United Nations Sustainable
Development Goals index
Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index
GRI index
United Nations Guiding
Principles Reporting
Framework index
Endnotes

89 100% outer box packaging and corrugated cushions madefrom sustainably sourced, certified, and recycled fibers.
Molded pulp cushions made from 100% recycled wood fiberand organic materials. Plastic cushions are made from >90%
recycled plastic.
90 90% recycled/renewable materials made up of 85%
materials derived from information technology equipment(ITE), 4.5% ocean-bound plastic, and 0.5% coffee grounds.
HP defines renewable according to the GRI Sustainability
Reporting Standards.
91 Based on all HP All-in-One products manufactured afterNovember 2022. Most sustainable defined as achieving
the highest EPEAT Gold registration by meeting all required
criteria according to IEEE 1680.1-2018 EPEAT. Status varies
by country. Visit www.epeat.net for more information. Most
combined sustainability features in an all-in-one productinclude more than 40% postconsumer recycled plastics andapprox. 10% recycled metal. Types of sustainable materials:
aluminum, postconsumer plastic, ocean-bound plastic,
recycled polyester, coffee grounds. Revised design andpackaging that reduces carbon emissions.
92 HP internal analysis based on all PCs on the market as ofNovember 2022.
93 Enclosure: applies to HP 23.8″/27″ All-in-One Desktop PC. Forty
percent postconsumer recycled plastic in plastic parts usedin the front and back covers. Stand arm and neck: applies to
HP 23.8″/27″ All-in-One Desktop PC, containing 75% recycled
aluminum in stand arm and neck. Felt base cover: applies to
HP 23.8″/27″ All-in-One Desktop PC; felt base cover contains
100% recycled polyester.
94 Based on U.S. EPEAT registration according to IEEE 1680.12018 EPEAT. EPEAT status varies by country. Visit www.epeat.
net for more information.

160

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

95 Packaging: 100% outer box packaging and corrugatedcushions made from sustainably sourced, certified, andrecycled fibers. Molded pulp cushions made from 100%
recycled wood fiber and organic materials. Plastic cushions
are made from >90% recycled plastic. Pallet size reduction:
applies to the newest generation of HP 23.8″ All-in-One
Desktop PCs. As compared to the pallet density of theprevious generation HP 23.8″ All-in-One Desktop PCs.
Packaging box size reduction: for the newest HP 23.8″/27″
All-in-One Desktop PCs as compared to the box size of theprevious generation HP 23.8″ All-in-One Desktop PCs.
96 Percentage for Original HP toner cartridges does not include
toner bottles. See hp.com/go/TonerRecycledContent for list.
Percentage for Original HP ink cartridges does not include
ink bottles and other products not listed. See hp.com/go/
InkRecycledContent for list.
97 As of December 31, 2021. Not all products are available inall countries.
98 Calculation based on 16.9 ounce “single serve” bottled
water containers.
99 HP received the first UL Recycled Content Validation for OBP
under the UL 2809 Environmental Claim Validation Procedure.
For more information, see ul.com/news/hp-receives-firstrecycled-content-validation-ocean-bound-plastics-ul.
100 Original HP ink integrated printhead cartridges only. UL 2809
Environmental Claim Validation Procedure; see ul.com/news/
hp-receives-first-recycled-content-validation-ocean-boundplastics-ul. An HP-commissioned August 2021 Keypoint
Intelligence report verifies HP is the only in-class printer
OEM with ink cartridges containing recycled ocean-boundplastic validated by UL 2809. See keypointintelligence.com/
HPPlanetPartners.
101 As defined in the GRI Sustainability Reporting Standards,
renewable material is “material derived from plentiful
resources that are quickly replenished by ecological cycles oragricultural processes, so that the services provided by theseand other linked resources are not endangered and remain
available for the next generation.”
102 HP Dragonfly G4 back cover contains a resin partially derived
from bio-waste such as used cooking oil. Manufactured fromwaste bio-feedstock according to the mass balance approach.

103 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; andaccessories such as third-party options, drop in box, andaftermarket options.
104 All HP-brand paper is derived from certified sources; paperbased 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-basedmaterials inside the box. Packaging for commercial, industrial,and 3D printing products, scanners, personal systems
accessories, and spare parts is not included.
105 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.
106 HP-brand paper and paper-based packaging for home andoffice printers and supplies, PCs, and displays are derived
from certified and recycled sources, with a preference for
FSC® certification. Packaging is the box that comes with the
product and all paper-based materials inside the box.
107 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 bytaking 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, throughour responsible sourcing programs. See HP Forest positive
accounting manual.
108 All HP-brand paper is derived from certified sources; paperbased 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-basedmaterials inside the box. Packaging for commercial, industrial,and 3D printing products, scanners, personal systems
accessories, and spare parts is not included.

109 See full Spencer Lab report: http://www.spencerlab.com/
reports/HPReliability-NA-nonHP-2022.pdf
110 Forest First: With HP+, every print—regardless of paper brand—
is addressed through HP’s Forest Positive Framework tocounteract risks of deforestation. HP-brand paper is sourced
only from certified responsibly managed forests or fromrecycled content. For other brands of paper, HP invests in
restoration, protection, or working forest-recovery projects
in key regions—for instance Brazil—sufficient to balance
any paper used by HP+ customers that may not have been
responsibly sourced. Read more about projects and ourpartners at hp.com/forestfirst.
111 HP works collaboratively with our partners, including WWF
and Arbor Day Foundation, to manage, restore, and protect
forests in many countries around the world. With HP+, every
print—regardless of paper brand—is addressed throughHP’s Forest Positive Framework to counteract risks ofdeforestation. HP-brand paper is sourced only from certified
responsibly managed forests or from recycled content.
For other brands of paper, HP invests in forest restoration,
protection or management projects in key regions sufficient
to balance any paper used by HP+ customers that may nothave been responsibly sourced. To learn more visit hp.com/
forestfirst.
112 HP’s Forest Positive Framework goes beyond existing HP
sustainable fiber sourcing programs. It includes NGO
partnerships targeted to conserve forests, improve
responsible forest management, and help develop sciencebased targets for forests. Our vision is that printing with HP
will counteract deforestation regardless of what brand of
paper customers use. This is applicable to the entire installedbase of HP printers.
113 Depending on the project, our sites may achieve certification
for LEED® for Building Design and Construction (LEED
BD+C), LEED for Interior Design and Construction (LEED
ID+C), or LEED for Operations and Maintenance (LEED O+M).
Learn more.
114 This includes BREEAM International Refurbishment and Fit
Out (RFO). Learn more.

Human Rights
Introduction

1

Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Appendix
About this report
ESG material topics
Policies and standards

2

Independent accountants’review report
United Nations Sustainable
Development Goals index
Sustainability AccountingStandards Board index
Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index

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

4

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

5

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

6

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

7

8

9

161

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

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.

3

GRI index
United Nations Guiding
Principles Reporting
Framework index

HP uses the terms “production suppliers,” “producttransportation suppliers,” and “nonproduction suppliers”
throughout this report. “Production suppliers” provide
materials and components for our product manufacturing
and also assemble HP products, and are the primary focus
of our HP Supplier Code of Conduct audits, assessments,
key performance indicator (KPI) program, Sustainable Impact
Scorecard, and capability-building initiatives. “Producttransportation suppliers” provide services for the shippingand delivery of HP products. Learn more. “Nonproduction
suppliers” provide goods and services that do not go
into the production of HP products (such as staffing,telecommunications, and travel). Nonproduction suppliers area significant focus of our supplier diversity efforts.

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).
HP’s efforts in this space also comprised what was formerly
the following Sustainable Impact goal: Assure respect forlabor-related human rights for 100% of our key contracted
manufacturing suppliers and higher-risk next-tier suppliers.
HP’s due diligence work continues, but the company will not
characterize this work as a Sustainable Impact goal due tothe evolving regulatory landscape.
Excludes new hires joining HP after February 1, 2022 (although
all new hires have 30 days to complete Integrity at HP New
Hire training as part of their mandatory onboarding process).

10 HP uses the terms “production suppliers,” “producttransportation suppliers,” and “nonproduction suppliers”
throughout this report. “Production suppliers” provide
materials and components for our product manufacturing
and also assemble HP products, and are the primary focus
of our HP Supplier Code of Conduct audits, assessments,
KPI program, Sustainable Impact Scorecard, and capabilitybuilding initiatives. “Product transportation suppliers” provide
services for the shipping and delivery of HP products. Learn
more. “Nonproduction suppliers” provide goods and services
that do not go into the production of HP products (such asstaffing, telecommunications, and travel). Nonproduction
suppliers are a significant focus of our supplier
diversity efforts.
11This 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.

12 The term “forced labor” refers to situations in which people
are coerced to work against their will, either overtly throughviolence or intimidation, or by more subtle means such as
accumulated debt, retention of identity papers, and threatsof denunciation. HP forbids any forced, bonded, or indentured
labor, involuntary prison labor, slavery, or trafficking of
persons within its supply chain and operations.
13 These include child labor, forced labor, severe forms of
discrimination, health and safety issues posing immediate
danger to life or risk of serious injury, and perceived violationof environmental laws posing serious and immediate harmto the community. We take such findings very seriously andrequire suppliers to cease all related practices and reportcorrective actions taken within 30 days of the original audit.
Recruitment fees must be reimbursed within 90 days of
discovery, and this is verified by an on-site inspection within
180 days of discovery. We follow up closely to ensure that
all required corrective actions are completed, and visit sites
to confirm resolution. Immediate priority findings do notnecessarily involve termination of the supplier; we work with
suppliers as appropriate to improve their performance andworker conditions in these areas.
14 Immediate priority findings (12 in 2022) include child labor,
forced labor, severe forms of discrimination, health and safetyissues posing immediate danger to life or risk of serious
injury, and perceived violation of environmental laws posing

serious and immediate harm to the community. Prior to 2020,
we reported other priority nonconformances and major
nonconformances together as major nonconformances.
Starting in 2020, to more fully align with RBA Protocol
6.0 definitions, HP began distinguishing other priority
nonconformances from major nonconformances andreferring to those as “other nonconformances.” In 2022,
the 1,046 other nonconformances identified included
other priority nonconformances (3.2% of the total) and all
major nonconformances (96.8% of the total), as defined by the
RBA Protocols 6.1, 7.0, and 7.0.1.
15 “Conflict minerals” refers to the mineral precursors of themetals tantalum, tin, tungsten, and gold (3TG) as defined in the
U.S. Securities and Exchange Commission (SEC) rule requiringa conflict minerals disclosure. Revenue from mining theseminerals in the DRC and adjoining countries has been widely
linked to funding for groups engaged in extreme violenceand human rights atrocities. Because the Poly acquisition
occurred late in the 2022 reporting period, we have not yet
completed the integration of Poly’s operations and supply
chain. All the data in this document excludes Poly.
16 As of October 31, 2022. Excludes employees from the recent
Poly acquisition.
17 Estimate is based on 1.17 million hours of formal organizedlearning, 0.49 million hours of self-directed learning,and more than 0.21 million hours of manufacturing andtechnology training.
18 Data refers to the percentage of HP 2022 Voice Insight Action(VIA) employee survey respondents who strongly agreed oragreed with each statement.
19 Ibid.
20 Approximately 1% of employees are on long-term absence at
any given time.
21 Data refers to the percentage of HP 2022 VIA employee
survey respondents who strongly agreed or agreed witheach statement.
22 In the United States, the minimum amount of vacation time forsalaried exempt employees is three weeks per year. Vacation
time varies in other locations.
23 In the United States, salaried exempt employees are eligible
for paid sick time to cover occasional illness or until shortterm disability is approved. Policies vary in other locations.
24 During calendar year 2022, HP documented 71 recordable
incidents, 33 lost workday cases, and 1,562 lost workdays.

25 Data refers to the percentage of HP 2022 VIA employee
survey respondents who strongly agreed or agreed withthis statement.
26 “Leadership” is defined as director level and up at HP.
27 As a percentage of U.S. personnel with the job level ofexecutive, formerly vice president. Baseline is June 2020,
when the HP Racial Equality and Social Justice Task Force
was formed.
28 As of October 31, 2022.
29 Baseline is June 2020, when the HP Racial Equality and Social
Justice Task Force was formed.
30 Annually, HP employees fill out a VIA survey to help us
understand overall employee engagement, including theirsense of belonging in the company.
31 As of October 31, 2022.
32 Data is for the 12 months ending September 30 of the year
noted. Figures are for purchases in the United States andPuerto Rico from U.S.-based businesses. Suppliers may be
included in multiple categories.
33 HP’s allocatable indirect spend is calculated based on
suppliers’ spending with diverse suppliers and their dollar
volume of HP’s business compared to their total revenue.
34 According to the World Health Organization (WHO), morethan one billion people are estimated to experience disability,a widely cited statistic based on its findings in the first everWorld Report on Disability in 2011. The WHO has reconfirmed
this number repeatedly, including in its Disability fact sheet
published in 2021.
35 According to the U.S. Centers for Disease Control andPrevention, 61 million adults in the United States live with adisability, based on data from its Disability and Health Data
System and “Morbidity and Mortality Weekly Report.”
36 Our programs aim to accelerate digital equity throughproviding access to at least one of the following: hardware,connectivity, content, or digital literacy.

Digital Equity and philanthropy
Introduction

1

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

2

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

Sustainable Impact
Climate Action
Human Rights
Digital Equity and philanthropy
Integrity
Appendix
About this report

3

ESG material topics
Policies and standards
Independent accountants’review report

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

United Nations Sustainable
Development Goals index

4

Sustainability AccountingStandards Board index

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

5

Our programs aim to accelerate digital equity throughproviding access to at least one of the following: hardware,connectivity, content, or digital literacy. Digital equity andlearning outcomes data include both direct and indirectreach. Indirect reach is sometimes based on estimatesusing multipliers.

Task Force on Climate-related
Financial Disclosures index
World Economic Forum
International BusinessCouncil Stakeholder
Capitalism Metrics index

6

GRI index

We enable better learning outcomes by supporting education
through provision of learning and digital literacy programs andsolutions. Digital equity and learning outcomes data include
both direct and indirect reach. Indirect reach is sometimes
based on estimates using multipliers.

United Nations Guiding
Principles Reporting
Framework index

7

Ibid.

8

https://www.worldbank.org/en/topic/girlseducation

Endnotes9

Direct beneficiaries are people who visited a WOW vehicle
during the year. This is different from the data reported prior
to 2020, which included direct beneficiaries as well as indirect
beneficiaries (the total number of people who had accessto a WOW vehicle during the year). Only direct beneficiaries
are included in progress against our goal to enable better
learning outcomes for 100 million people by 2025, since thebeginning of 2015.

162

2022 HP Sustainable
Impact Reportwww.hp.com/sustainableimpact

10 U.S. House of Representatives Committee on Ways andMeans Majority. July 2020. Left Out: Barriers to Health Equity
for Rural and Underserved Communities. https://democratswaysandmeans.house.gov/sites/democrats.waysandmeans.
house.gov/files/documents/WMD%20Health%20Equity%20
Report_07.2020_FINAL.pdf

4

HP Sure Click Enterprise is sold separately. Supported
attachments include Microsoft Office (Word, Excel,
PowerPoint) and PDF files, when Microsoft Office or Adobe
Acrobat are installed. For full system requirements, please
visit HP Sure Access Enterprise and HP Sure Click Enterprisesystem requirements

11

5

HP Sure Access Enterprise is sold separately. Visit our
website for full system requirements.

6

For the methods outlined in the National Institute ofStandards and Technology Special Publication 800-88“Clear” sanitation method. HP Secure Erase does not support
platforms with Intel Optane™.

World Health Organization. WHO launches first ever global
report on infection prevention and control. Accessed
June 2nd, 2023.

12 HP offers a variety of PC and print solutions and services
with features such as EN/IEC 60601-1-2 compliance andsanitization, disinfection, and sterilization capabilities. See
wipe manufacturer’s instructions for disinfecting and the
HP cleaning guide for HP-tested wipe solutions for personal
systems, How to Clean your HP Device With Approved
Disinfecting Wipes: https://h20195.www2.hp.com/v2/getpdf.
aspx/4AA7-7610ENW.pdf
13 Based on internal HP testing, March 2021. Actual results
depend on many factors including patient–doctor interactions
and specific patient conditions.

7

HP Sure Recover Gen3 is available on select HP PCs andrequires an open network connection. You must back up
important files, data, photos, videos, etc. before using HP Sure
Recover to avoid loss of data.

8“World’s most secure printing” or “most resilient printers”
claims include HP’s most advanced embedded security
features, which are available on HP Managed and Enterprisedevices with HP FutureSmart firmware 4.5 or above. Claimbased on HP review of published features as of February 2023
of competing in-class printers. Only HP offers a combinationof security features to automatically detect, stop, and recoverfrom attacks with a self-healing reboot, in alignment with NIST
SP 800-193 guidelines for device cyber resiliency. For a list ofcompatible products, visit: hp.com/go/PrintersThatProtect. For
more information, visit: hp.com/go/PrinterSecurityClaims.

9

An HP printing system consists of an HP printer, paper, andOriginal HP supply. Blue Angel DE-UZ 219 emissions criteria
or earlier versions of criteria applicable when printing
system launched.

14 HP Security Manager must be purchased separately. For
details, see hp.com/go/securitymanager.
15 The HP Foundation is a nonprofit 501(c)(3) organization.
16 Includes valuation of employee volunteer hours, employee
donations, HP Foundation match, and HP Foundation grants.
17 Hourly rate is based on type of volunteering: US$195/hour forboard, 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 forpurchasing power differences across countries.

Integrity
1

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).

2

A cybersecurity event requires external disclosure if
compelled by applicable laws or regulations.

3“World’s most secure PCs and workstations” is based on
HP’s unique and comprehensive security capabilities at
no additional cost among vendors on HP Elite PCs and HP
Workstations with Windows and 8th Gen and higher Intel®
processors or AMD Ryzen™ 4000 processors and higher; HP
ProDesk 600 G6 with Intel 10th Gen and higher processors;and HP ProBook 600 with AMD Ryzen 4000 or Intel 11th Gen
processors and higher.

10 2022 WKI emissions testing study, commissioned by HP, incompliance with Blue Angel protocol DE-UZ 219: 35 non-HP (27imitation and eight remanufactured) toner cartridge brands
compatible with HP Color LaserJet Enterprise M553X and HP
LaserJet M404dn purchased in the United States, Germany,
the UK, France, the Netherlands, Poland, Australia, South
Korea, Singapore, Thailand, and Vietnam. See HP.com/go/
IAQnonhpWKI2022.
11

HP Latex Inks were tested for hazardous air pollutants, as
defined in the Clean Air Act, per U.S. Environmental Protection
Agency Method 311 (testing conducted in 2013), and none
were detected.

12 Water-based HP Latex Inks are not classified as flammableor combustible liquids under the U.S. Department ofTransportation or international transportation regulations.
Testing per the Pensky–Martens closed cup method
demonstrated a flash point greater than 110°C (230°F).
13 Printing with HP Latex Inks avoids the problematic reactive
monomers associated with UV printing. Acrylate monomers
present in uncured UV inks and UV-gel inks can damage skin.
See http://www.roadmaptozero.com.
14 Printing inks can be considered a toy component. It is theobligation of the toy manufacturer to classify the item(including all components) for sale as a toy. HP 832, 873, 872,
882, and 886 Latex Inks have been tested and demonstrated
compliance to the following toy safety methods and protocols:
EN 71-3, EN 71-9, ASTM F963-17, US 16 CFR 1303, US 16 CFR
1307, SOR 2011-17, and SOR 2018-83. Testing methods focus onproblematic colorants, heavy metals, phthalates, bisphenol
A (BPA), and/or amines (including specific endpoints such as
heavy metals and primary aromatic amines (PAA)). HP does
not recommend using the inks for toys intended to target
children under the age of three years.

Go Beyond

2022 HP Sustainable Impact Report Executive Summary

AboutHP

2 2022 HP Sustainable Impact Report
Executive SummaryGo
BeyondLetter from our
President and CEO

Sustainable
Impact strategy

2022
highlights

ClimateActionHumanRightsDigital Equity
and philanthropy

Products andservices innovation

Recognition

About HP*
Key facts

Enrique Lores

Corporate HQ

180+

Ticker symbol HPQ

President and Chief Executive Officer, HP Inc.

in Palo Alto, California, United Statescountries in which HP operates

on the New York Stock Exchange

Chip Bergh

Incorporated

58,000Fortune 100

Chairman of the Boardin the State of Delaware, United States

employees globally (50,800 excluding Poly)
1

Strategy: Building a stronger HP

Fiscal year 2022 highlights

Financial

US$63.0 billion

Delivering long-term sustainable growthin net revenue

Sustainable Impact
Portfolio

Become the most sustainable and just IT company; focus on
Climate Action, Human Rights, and Digital Equity

company

28,000+patents2

US$4.5 billionof net cash provided by operations

US$1.6 billion
R&D spend

US$5.3 billion

Build a more growth-oriented portfolio, while wecontinue to lead decisively in our core businesses

returned to stockholders in the form of share repurchases and dividends

Transform/digital

Talent & culture

Become a more digital company to streamline
operations and enable new customer value
propositions

A school for leaders built on Agility,
Customer Centricity, and Ambition

See our full financial performance.

*As we are in the process of integrating Poly, the ESG metrics in this report do not include the impact of Poly, unless otherwise stated.
Cover image: HP’s IDEA program aims to upskill and empower teachers through development workshops.

Read more in the 2022 HP Sustainable Impact Report3 2022 HP Sustainable Impact Report
Executive Summary

About
HP

Go
BeyondLetter from our
President and CEO

Sustainable
Impact strategy

2022
highlights

ClimateActionHumanRightsDigital Equity
and philanthropy

Products andservices innovation

Recognition

About this report
Since 2001, HP has provided indepth information on its socialand environmental progress tostakeholders, including customers,
industry analysts, investors,
employees, and others.

Go BeyondThis executive summary, as well as
our full 2022 HP Sustainable Impact
Report, covers HP’s Sustainable
Impact policies, programs, goals,
and progress. These documents
include HP’s performance data
through fiscal year 2022 (which
ended October 31, 2022), unlessstated otherwise.

Bill and Dave brought a thoughtful mindset tobusiness. In order to solve the problem we need to truly
understand it; that we need to address challenges
and fix systems, not just symptoms. Most importantly,
everything in that system is interconnected; that we
don’t stop at upgrading one component—we need to
upgrade in tandem.
When it comes to solving the biggest challenges weface today, it is so easy to over-simplify. We reducethings down to a box to tick.

In addition to our Sustainable
Impact Report, we share
information on our programs
and progress on our Sustainable
Impact website.

HP believes there has to be a better way. A smarter way.
A more responsible way. A way that takes into accounteverything is interconnected. That reducing your harmis part of it, but we must think beyond it.
That in order to take on big, expansive issues, we needbig, expansive solutions. Solutions that tackle things
holistically.
That go beyond the paradigm.
Simply put—we must Go Beyond.

HP’s founders Bill Hewlett and Dave Packard.

Read more in the 2022 HP Sustainable Impact Report4 2022 HP Sustainable Impact Report
Executive Summary

About
HP

Go
BeyondLetter from our
President and CEO

Sustainable
Impact strategy

2022
highlights

ClimateActionHumanRightsDigital Equity
and philanthropy

Products andservices innovation

Recognition

Letter from our President and CEO
This mindset was instilled in the culture of HP by our founders
and today, it has never been more important. Because when
you think about the sheer scale of the challenges we face—from the growing threats of climate change to persistentinequality—it’s clear we have a lot more work ahead.
That’s why, at HP, we don’t treat Sustainable Impact as aseparate initiative. It’s deeply embedded into how we run thecompany—from the way we design, manufacture and distributeour products, to the services and solutions we create to meetchanging customer needs, to the investments we make to help
people reach their full potential.
We’re constantly pushing ourselves to challenge the statusquo and lead our industry forward. And we’re holding ourselves
accountable, which is why every member of our executive
leadership team is responsible for achieving specific goals
each year.

For more than 80 years, HP has prided itself on being a highperformance, purpose-driven company that, through thetechnology we create and the values we uphold, contributes toa better future.
I am immensely proud of the work our teams are doing to carryon these values. It’s not always been easy, and we don’t always
get it right. No company does. But we are making steadyprogress, knowing that the long-term success of our business
depends upon the wellbeing of the people and communities
we serve.

Read more in the 2022 HP Sustainable Impact Report

Make no mistake: this work isn’t just good for the world, it’s
good for our business. In 2022, more than 60% of our revenue
met the Corporate Knights standard for sustainable revenue.
This reflects the continued trend of customers choosing
products and services that help reduce environmental
impact—a trend we expect will only accelerate.
As a company, this makes our Climate Action, Human Rights
and Digital Equity initiatives all the more important. Two years
ago, we announced one of the industry’s most ambitious
environmental and social impact agendas. Now, in our 22nd
annual Sustainable Impact Report, I’m pleased to share how
we are building on them.

Becoming More Sustainable & Just
HP is taking urgent and decisive action to achieve net-zerocarbon emissions across our entire value chain, give backmore to forests than we take, and innovate our products andservices for a more circular economy. This starts with what
we sell, and I’m proud that more than 95% of home and officeprinters, laptops, notebooks, displays, and workstations
shipped to customers in 2022 included recycled materials.
Importantly, we’re not just accounting for our own footprint.
We are going beyond by reducing our Scope 3 emissions.
We have helped our suppliers cut their own carbon
emissions by 1.7 million tonnes, and more than 3,500 of
our channel partners across 40 countries have made theirown sustainability commitments through our HP Amplify
Impact program.
As we work to protect our planet, we’re also empowering
people—both inside HP and across our communities. In the
U.S., 46% of our new hires in 2022 self-identified as ethnic or
racial minorities. Ultimately, we believe companies perform
at their best when they attract diverse talent from all walksof life. And by helping people to reach their full potential while
protecting human rights across our supply chain, we can help
build stronger communities, societies, and economies.
This includes helping to close the digital divide. While thedigital economy holds promise for so many people aroundthe world, it also threatens to leave billions behind. That’s
why we’re working to expand access to technology while
creating training, curriculum and partnerships that empower

underserved communities. Overall, we have now accelerated
digital equity for 21 million people. That’s up four-fold since2021 as we work toward our goal of 150 million by 2030.
This report provides a deeper look at each of these efforts.
You will see areas where we’re doing well, and others where
we need to improve. This is not about patting ourselves on
the back—it’s about being transparent and outlining the steps
we are taking to continue our progress.
HP has never been a company that shies away fromchallenges. It’s one that creates solutions beyond what
we previously thought possible. And by harnessing thatsame spirit of innovation, we can keep changing the world
for the better.
Saludos,

Enrique Lores
President and CEO

5 2022 HP Sustainable Impact Report
Executive Summary

About
HP

Go
BeyondLetter from our
President and CEO

Sustainable
Impact strategy

2022
highlights

ClimateActionHumanRightsDigital Equity
and philanthropy

Products andservices innovation

Recognition

Sustainable Impact strategy
HP aims to be the world’s mostsustainable and just technology
company.
Sustainable Impact is at the heart of HP’s business strategy.
Across our three pillars of Climate Action, Human Rights,
and Digital Equity, it connects us to the most pressing issuesof our time. Rooted in science, our strategy prioritizes theareas where HP’s technology, talent, and platform can makethe most positive impact. Above all, it supports a culture that
integrates purpose throughout our business.
We know we must stand for more than the products wesell, which is why Sustainable Impact is both a business
imperative and a key differentiator for HP. We focus on doing
the right thing, even when it is difficult, to deliver lastingvalue through the power of our technology. HP’s sustainable
revenue in 2022 represented more than 60% of total
revenue, reported in accordance with the Corporate Knights
Sustainable Economy Taxonomy,3 which defines sustainable
revenue as revenue from products and services that help
reduce environmental impacts.

Read more in the 2022 HP Sustainable Impact Report

Our key focus areas

Carbonemissions

Circularity

Empoweredworkers

Culture ofinclusion andbelonging

Education

Healthcare

ClimateactionForests

Social justice, racial
and gender equity

Economicopportunity

Climate Action

Human Rights

Digital Equity

AboutHP

6 2022 HP Sustainable Impact Report
Executive SummaryGo
BeyondLetter from our
President and CEO

Sustainable
Impact strategy

2022
highlights

ClimateActionHumanRightsDigital Equity
and philanthropy

Products andservices innovation

Recognition

2022 highlights
Climate Action

Human Rights

1.1 million MWhof renewable electricity attribute certificatespurchased by HP and our suppliers during 2022,
covering the majority of our highest-impact final
assembly sites in China

43%

of HP production suppliers by spend participatingin Science Based Targets initiative (23% validated
by the SBTi and 20% evaluated by HP)

Nearly two
million trees

planted with partners like the Arbor Day Foundation,
WWF, and Conservation International. We morethan doubled the area of forest under responsible
management year over year, to a total of 33,460 hectares4

1 billion+

HP print cartridges have been returned to the
HP Planet Partners recycling program as ofDecember 31, 2022

Read more in the 2022 HP Sustainable Impact Report

Digital Equity and philanthropy

7.4 million+

Suppliers representing

95%

of HP’s total production supplier spend have gone
through social and environmental assessments

46,000workers reached throughcapability-building programs

US$423 million

spent in the United States with small businesses,
US$87 million with minority-owned businesses, andUS$115 million with women-owned businesses5

46.4%

of our U.S. hires were from racial/ethnic minorities, andoverall, 67% of our U.S. hires were from underrepresented
groups, including women, racial/ethnic minorities, people
with disabilities, and military veterans

students and teachers equipped with technology
solutions in India, Nigeria, and the United States
through our partnership with Girl Rising

2.9 million+

children reached through 342 books produced inpartnership with NABU at the HP Creative Lab at
the Kigali Public Library in Rwanda

US$3.3 million
and 76,000 laptops donated to support
refugees displaced because of Russia’s
invasion of Ukraine

258,000 hours

contributed by 15,600 employees in
60 countries during 2022, with a value of
US$16.17 million, up about 90% compared to 20216

7 2022 HP Sustainable Impact Report
Executive Summary

About
HP

Go
BeyondLetter from our
President and CEO

ClimateActionSustainable
Impact strategy

2022
highlights

ClimateActionHumanRightsDigital Equity
and philanthropy

Products andservices innovation

Recognition

Our mission
Taking urgent and decisive action to achieve net
zero carbon emissions across our entire value
chain, give back more to forests than we take, andinnovate our products and services for a morecircular economy.
HP has a long-standing history of acting to protect
the climate. Our ambitious, science-based goals
are designed to combat climate change by focusing
on greenhouse gas (GHG) emissions, productcircularity, and forests.
We aim to decouple growth from emissions andresource consumption, drive innovation, andtransform our business models. To decarbonize our
supply chain, we encourage suppliers to set and meettheir own science-based targets. At our facilities,
we work to reduce energy use, increase efficiency,
and source renewable energy. By shifting toward
circular design, we are working to increase value forcustomers while reducing environmental impacts.

HP employee tending a hydroponic farm at one of our facilities in Singapore.

Read more in the 2022 HP Sustainable Impact Report

8 2022 HP Sustainable Impact Report
Executive Summary

About
HP

Go
BeyondLetter from our
President and CEO

Sustainable
Impact strategy

2022
highlights

ClimateActionHumanRightsDigital Equity
and philanthropy

Products andservices innovation

Recognition

Our goals and progress in 2022
Goal

Goal progress

Progress in 2022

SDGs

Carbon emissions
Reduce HP value chain GHG emissions by 50% by 2030 (compared to 2019), and achieve net
zero emissions by 20407

HP’s carbon footprint of 26,899,500 tonnes of CO2e was 18% less than in 2019. Learn more.

13

Reduce Scope 1 and Scope 2 GHG emissions from global operations by 65% by 2025, compared
to 20158

HP’s global operations produced 151,500 tonnes of Scope 1 and Scope 2 CO2e emissions,
61% less than our 2015 baseline. Learn more.

13

Use 100% renewable electricity in our operations by 2025

HP’s global operations procured and generated 270,585 MWh of renewable electricity andattributes, equivalent to 55% of our global electricity consumption. Learn more.

7, 13

Working to counteract
deforestation

Circularity
Reach 75% circularity for products and packaging, by 20309

Reached 40% circularity, by weight.10 Learn more.

12

Recycle 1.2 million tonnes of hardware and supplies by 2025, since the beginning of 2016

Recycled 879,100 tonnes. Learn more.

12

Use 30% postconsumer recycled content plastic across HP’s personal systems and print
product portfolio by 202511

In 2022, we used 32,200 tonnes of postconsumer recycled content plastic in HP products—
equivalent to 15% achieved. Learn more.

12, 14

Eliminate 75% of single-use plastic packaging by 2025, compared to 201812

55% reduction, from an average of 221 grams/unit in 2018 to 99 grams/unit in 2022.
Learn more.

12, 14

Reach zero waste in HP operations by 202513

In 2022, we achieved an 87.7% landfill diversion rate globally. Learn more.

12

Forests
Counteract deforestation for non-HP paper used in our products and print services by 203014
Continue to source only sustainable fiber for all HP-brand paper and paper-based packaging forhome and office printers and supplies, PCs, and displays15

Counteracting
non-HP paper:

During the year, we addressed 32% of our total fiber footprint for paper used in our products
and print services.16, 17
Learn more.

13, 15

Sustainable sourcing:

Water
Reduce potable water withdrawal in global operations by 35% by 2025, compared to 2015,
focusing on high-risk sites

Read more in the 2022 HP Sustainable Impact Report

HP withdrew 1,946,000 cubic meters of potable water across global operations in 2022, 39%less than in 2015, while continuing to make progress on risk reduction. Learn more.

6, 12

Once the second largest forest in the world, the Atlantic
Forest in Brazil is a richly biodiverse region, home
to many species found nowhere else on the planet.
However, unsustainable agriculture, development,
and logging have caused rapid deforestation, leaving
the area just 12% of its original size. Learn how HP, in
partnership with WWF, is helping to restore it.

*Based on highest impact commodities plus final assembly suppliers9 2022 HP Sustainable Impact Report
Executive Summary

About
HP

Go
BeyondLetter from our
President and CEO

Human
RightsSustainable
Impact strategy

2022
highlights

ClimateActionHumanRightsDigital Equity
and philanthropy

Products andservices innovation

Recognition

Our mission
Building a culture of equality and empowerment
within HP and beyond, where diversity is sought
out and celebrated, and where universal humanrights are understood and respected.
We embrace our responsibility to respecthuman rights, and believe in creating a culture of
empowerment and equality within HP and beyond,advocating for universal rights, striving for policies
that fight racism, and advancing social justice. We
work through supplier agreements and our supply
chain responsibility program to improve labor
conditions within supplier factories and tackle
industry-wide challenges, such as forced labor andconflict minerals.
Our employees are vital to HP’s success, andwe provide innovative training and development
opportunities to build their skills and help advancetheir careers. We value and foster a culture ofdiversity, equity, and inclusion, working to use HP’s
platform, technology, and resources as forces for
positive change.

HP employees in Singapore at one of our production facilities.

Read more in the 2022 HP Sustainable Impact Report

10 2022 HP Sustainable Impact Report
Executive Summary

About
HP

Go
BeyondLetter from our
President and CEO

Sustainable
Impact strategy

2022
highlights

ClimateActionHumanRightsDigital Equity
and philanthropy

Products andservices innovation

Recognition

Our goals and progress in 2022
Goal

Goal progress

Progress in 2022

SDGs

Empowered workers
Reach one million workers through worker empowerment programs by 2030, since thebeginning of 201518

Through 2022, we reached 396,000 workers. Learn more.

8, 10

Advancing diversity
in our supply chain

Social justice, racial and gender equity
Achieve 50/50 gender equality in HP leadership, by 203019

Women represented 33.3% of director-level and above positions globally (as of
October 31, 2022). Learn more.

5

Achieve greater than 30% technical women and women in engineering, by 2030

Women represented 23.7% of engineering and technology positions globally (as of
October 31, 2022). Learn more.

5

Double the number of Black/African American executives by 2025, from a 2020 baseline20

Increased from a baseline of 3.0% in June 2020 to 4.4% as of the end of 2022. Learn more.

8

Double Black/African American technical representation in the United States by 2025,
from a 2020 baseline21

Increased Black/African American technical representation in the United States from
2.3% in 2020 to 3.1%. Learn more.

8

Meet or exceed labor market representation for racial/ethnic minorities in the United States,by 2030

Met labor market representation for Asian American and Hispanic/Latin American
demographic groups; on track to increase representation in Black/African American
demographic group to achieve goal by 2030. Learn more.

8

Achieved a rating of 89% compared with 87% in 2021. Learn more.

8

99.3% of employees, including senior executives, completed Integrity at HP training, as
well as all members of the Board of Directors.23 Learn more.

16

Culture of inclusion and belonging
Maintain higher than 90% rating on internal inclusion index for all employee
demographics annually22
Ethics
Maintain greater than 99% completion rate of annual Integrity at HP training among active HP
employees and the Board of Directors

Read more in the 2022 HP Sustainable Impact Report

We partner with diverse suppliers like RLA Engineering
to help strengthen Black/African American
representation throughout our global supply chain.
Collaborations like this also inform our efforts to be
actively antiracist and to use our platform as a force forpositive change. Learn about our progress.

11 2022 HP Sustainable Impact Report
Executive Summary

About
HP

Go
BeyondLetter from our
President and CEO

Sustainable
Impact strategy

2022
highlights

DigitalEquity andphilanthropy

ClimateActionHumanRightsDigital Equity
and philanthropy

Products andservices innovation

Recognition

Our mission
Accelerating equitable access to education,
healthcare, and economic opportunity for those
who are traditionally excluded so they canparticipate and thrive in a digital economy.
HP aspires to help create a more equitable world
through access to hardware, connectivity, digital
literacy, and quality, relevant content. Our impactfulprograms, strategic investments, and partnerships
prioritize those most likely to experience the digital
divide: women and girls, people with disabilities andaging populations, historically disconnected andmarginalized groups, educators, and healthcare
practitioners. By addressing digital equity, weare supporting more equal access to education,
healthcare, and economic opportunity.
HP’s commitment to positive, lasting change extends
to how we design products, solutions, and services.
Our portfolio is enabling better learning outcomes
and accelerating digital equity24 for millions ofpeople worldwide, while our focus on inclusive
design aims to ensure that everyone can benefit.

HP provides technology to support digital equity in education for girls.

Read more in the 2022 HP Sustainable Impact Report

12 2022 HP Sustainable Impact Report
Executive Summary

About
HP

Go
BeyondLetter from our
President and CEO

Sustainable
Impact strategy

2022
highlights

ClimateActionHumanRightsDigital Equity
and philanthropy

Products andservices innovation

Recognition

Our goals and progress in 2022
Goal

Goal progress

Progress in 2022

SDGs

Digital Equity
Accelerate digital equity for 150 million people by 2030, since the beginning of 2021

Accelerated digital equity for 21.3 million people. Learn more.

4, 5, 8

Enable better learning outcomes for 100 million people by 2025, since the beginning of 201526

103.9 million students and adult learners have benefited from HP’s education programs
and solutions that advance quality learning and digital literacy, and enable better learning
outcomes, since the beginning of 2015 (including 30 million in 2022). Learn more.

4, 5, 8Enroll 1.5 million HP LIFE users between 2016 and 2030

Enrolled 731,000 since 2016. Learn more.

4, 5, 8Contribute US$100 million in HP Foundation and employee community giving by 2025
(cumulative since the beginning of 2016)27

Reached US$103.7 million in HP Foundation and employee community giving. Learn more.

11, 17

Contribute 1.5 million employee volunteering hours by 2025 (cumulative since thebeginning of 2016)

Reached 950,000 employee volunteer hours. Learn more.

11, 1725

Bridging the digital
divideCommunity giving an volunteerism

In 2022, the Aspen Institute collaborated with HP tocreate the Digital Equity Accelerator—an initiative that
supports nonprofits working to meet the needs ofunderserved communities affected by the digital divide.
In its first year, seven nongovernmental organizations
throughout India, Morocco, and the United States wereselected for the four-month program. Learn more.

Read more in the 2022 HP Sustainable Impact Report

13 2022 HP Sustainable Impact Report
Executive Summary

About
HP

Go
BeyondLetter from our
President and CEO

Sustainable
Impact strategy

2022
highlights

ClimateActionHumanRightsDigital Equity
and philanthropy

Products andservices innovation

Recognition

Products and services innovation
In 2022, HP spent US$1.6 billion on ongoing product development to create
the transformative and disruptive technologies of the future.

We apply rigorous design principles to improve the environmental performance of our products across their life cycles. Among
our main design priorities, we work to increase the use of recycled and renewable materials; practice responsible chemistry;enhance product repairability, reusability, longevity, and recyclability; continually improve product energy efficiency; build inaccessibility features; and create solutions to meet challenges in healthcare.

Personal systems

Home and office printing

Large format printing

3D printing

The newest HP Dragonfly and Elite 1000 Series PCs contain
90% recycled magnesium in the enclosure case,28 5%
ocean-bound plastic in the speaker enclosure, and biocircular feedstock such as used cooking oil to help lower CO2
emissions. 29 All outer packaging is also 100% sustainably
sourced,30 and the products are EPEAT® Gold registered in
27 countries,31 ENERGY STAR® certified, and TCO certified.

HP Color LaserJet Managed MFP E877 Series printers are
EPEAT Gold registered and ENERGY STAR certified, andconsume 17% less energy than their predecessor. They
are made using over 16% recycled plastic content, and use
supplies that contain about 60% recycled plastic content.

HP’s latest Z-series Pro printers are all EPEAT registered and
ENERGY STAR certified, and are made of 20%–30% recycledcontent plastic.

Podiatrists and orthotists using HP’s 3D Arize Orthotic
Solution can capture 3D renderings of a patient’s foot, andfine-tune and prescribe personalized orthoses for theirpatients—all in less than five minutes.38

HP EvoCycle toner cartridges, introduced in France,
Germany, and the UK, are designed to help public sector
and enterprise customers meet their sustainability needs35
by incorporating reused and recycled components—45% byweight36—from Original HP toner cartridges.

HP’s latest PageWide Web Press inkjet printing solution,
HP PageWide A2200, uses High Efficiency Drying (HED)
technology to reduce power usage, which is a significant
contributor to the carbon footprint of a print job. HED
maximizes moisture removal at high speed and uses heatefficiently by recirculating up to 80% of hot air. This processuses up to 60% less power per page compared to the
HP T250 HD.37

During 2022, we shipped almost 70 million units of personal
systems products in molded fiber or hybrid foam/fiber
packaging, representing about 91% of units.
HP Carbon Neutral Computing Services32 help drive a lowcarbon future by enabling commercial businesses to offset
the end-to-end carbon footprint of their PCs.33, 34

Read more in the 2022 HP Sustainable Impact ReportIndustrial print

Specialty printing andtechnology solutions
HP released the HP D100 Single Cell Dispenser, capableof rapidly and precisely dispensing single cells. This helps
research labs improve their understanding of changes atthe level of an individual cell, generating more insights to
support scientists to make better decisions.

14 2022 HP Sustainable Impact Report
Executive Summary

About
HP

Go
BeyondLetter from our
President and CEO

Sustainable
Impact strategy

2022
highlights

ClimateActionHumanRightsDigital Equity
and philanthropy

Products andservices innovation

Recognition

Recognition
HP is recognized as one of the world’s most sustainable companies

GLOBALTHE WORLD'S MOST SUSTAINABLE CORPORATIONS c

Only tech company globally toreceive a triple “A” rating across
CDP’s Climate, Forests, and Water
lists and Supplier Engagement
Leaderboard

Rated among the top 1% ofcompanies for social andenvironmental efforts for the
13th time in a row

Ranked second among techcompanies and fourth overall fortransparency performance

Placed in the top 10 for clean
revenue for the fifth consecutiveyear

Ranked first in the United States
for environmental, social, andgovernance performance for the
fourth year in a row

Ranked first in our industry andlisted on the World Index for the 11th
year in a row

Ranked ninth among 200 of theworld’s top businesses in the digitaltech sector

Received a 100% score on the
Corporate Equality Index for the 19th
consecutive year

Named one of the 100 Most
Sustainable Corporations in theWorld for the eighth year in a row

Named to JUST Capital’s list for thefifth year in a row

Named to this list for the fourth year
in a row

Recognized for product energy
efficiency for the sixth year in a row

Honored for commitment toand momentum toward creating
sustainable markets

Named among the world’s 50 mostsustainable businesses in 2022

Recognized as an ICT leader forcommitment to address forcedlabor in our supply chain

Recognized for efforts to advancediversity and inclusion for the sixthyear in a row

Scored 100% for the seventh
year in a row

Received SmartWay ExcellenceAward for the 10th time overall andeighth year in a row

Ranked among top five ICT
companies on supply chain
human rights

Awarded Outstanding Leadership in
Sustainable Finance

Read more in the 2022 HP Sustainable Impact Report

15 2022 HP Sustainable Impact Report
Executive Summary

About
HP

Go
BeyondLetter from our
President and CEO

Sustainable
Impact strategy

2022
highlights

ClimateActionHumanRightsDigital Equity
and philanthropy

Products andservices innovation

Recognition

Endnotes
1
2

3

4
5

6

7
8
9

10

11

As of October 31, 2022. Includes employees from the Poly acquisition.
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.
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.
Hectares responsibly managed data is for the year ending September
30, 2022.
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.
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 andundetermined. Valuation of non-U.S. volunteering hours is adjusted using
World Bank data for purchasing power differences across countries.
Absolute reduction of Scope 1, 2, and 3 GHG emissions compared to
2019. Excludes non-HP paper consumed during product use.
This updated goal was validated by SBTi, and supports our broader goalto achieve carbon-neutral HP operations by 2025.
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.
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.
Recycled content plastic (RCP) as a percentage of total plastic usedin 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-boundplastics 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

13

14

15

16

17

18

19

Read more in the 2022 HP Sustainable Impact Report

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.
Zero-waste operations: eliminate nonhazardous waste to landfill in all
HP direct operations by 2025. Includes all HP-owned and -managedsites worldwide. Zero waste is defined by the UL or TRUE certification
standards.
Fiber by weight will be 1) certified to rigorous third-party standards, 2)
recycled, or 3) balanced by forest restoration, protection, and otherinitiatives through HP’s Forest Positive Framework.
HP-brand paper and paper-based packaging for home and office printersand 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.
During 2022, HP-brand paper and paper-based packaging for homeand office printers and supplies, PCs, and displays equaled 5% of ourfiber footprint. We calculate the annual tonnage for paper used in our
products and print services that will be addressed through projects withcivil 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 ofsuch paper that we mitigate internally, through our responsible sourcing
programs. See HP Forest positive accounting manual.
All HP-brand paper is derived from certified sources; paper-based
packaging for PCs, displays, home and office print, and supplies isreported by suppliers as recycled or certified, with a minimum of 97% byvolume verified by HP. Packaging is the box that comes with the productand all paper-based materials inside the box. Packaging for commercial,industrial, and 3D products, scanners, personal systems accessories,and spare parts is not included.
This replaces and expands on our prior goal to develop skills andimprove the wellbeing of 500,000 factory workers by 2025, since thebeginning 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.
“Leadership” is defined as director level and up at HP.

20
21
22

23

24
25

26

27
28
29

30
31

32

As a percentage of U.S. personnel with the title of executive, formerly
called vice president.
Baseline is June 2020, when the HP Racial Equality and Social Justice
Task Force was formed.
Annually, HP employees fill out a survey called Voice Insight Action to
help us understand overall employee engagement, including their senseof belonging in the company.
Excludes new hires joining HP after January 1, 2022 (although all newhires are given 30 days to complete Integrity at HP New Hire training aspart of their mandatory onboarding process).
HP defines “accelerating digital equity” as providing access to at least
one of the following: hardware, connectivity, content, or digital literacy.
Our programs aim to accelerate digital equity through providing accessto 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 estimatesusing multipliers. 2022 data includes a small amount of 2021 data thatwas not available at the time of publication of the 2021 HP Sustainable
Impact Report.
We enable better learning outcomes by supporting education throughprovision 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 thetime of publication of the 2021 HP Sustainable Impact Report.
Includes valuation of employee volunteer hours, employee donations, HP
Foundation match, and HP Foundation grants.
Recycled magnesium by weight: enclosure includes top cover, screen
bezel, palm rest cover, and bottom cover.
HP Dragonfly G4 back cover contains a resin partially derived frombio-waste such as used cooking oil. Incorporates waste bio-feedstock
according to the mass balance approach.
One hundred percent of outer box packaging and corrugated cushions
made from sustainably sourced, certified, and recycled fibers.
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.
HP services are sold separately. HP services are governed by theapplicable HP terms and conditions of service provided or indicated tothe 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

34

35

36

37

38

There are two offset options available: HP’s Carbon Neutral to the Door
option covers carbon offsetting of material extraction, component andproduct 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.
Life cycle assessments (LCAs) are validated by a third party to conformto 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 acustomer’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.
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.
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.
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.
Based on internal HP testing, March 2021. Actual results depend on
many factors including patient–doctor interactions and specific patient
conditions.