- HP releases its 22nd annual Sustainable Impact Report detailing progress toward its ambition to be the most sustainable and just technology company.
- The report details Malaysia-led initiatives that have accelerated progress towards HP’s 2030 goals in climate action, human rights, and digital equity.
- New HP research reveals corporate action on climate change and sustainable practices as key drivers of purchasing decisions, career choices and family planning.
KUALA LUMPUR, Malaysia, July 10, 2023 – HP Inc. released its 2022 Sustainable Impact Report, marking the 22nd year of consecutive reporting on sustainable development progress. The report also highlighted HP Malaysia’s critical role in accelerating progress towards HP’s goals of a more sustainable and equitable world through its work in climate action, human rights, and digital equity.
The report details the company’s progress toward comprehensive and bold environmental and social impact agendas. HP has:
- Accelerated digital equity for more than 21 million people on the path to 150 million by 2030.
- Reduced its absolute carbon footprint by 18% since 2019. This brings the company closer to its goal of achieving net zero carbon emissions by 2040 – end to end.
- Reduced single-use plastic packaging by 55% compared to 2018.
- Counteracted deforestation for 32% of all paper used in HP products and services toward the goal of 100%.
Highlights Of HP Malaysia’s Sustainable Impact in Climate Action, Human Rights And Digital Equity
The HP 2022 Sustainable Impact Report outlined key milestones in three areas – climate change, human rights, and digital equity. Malaysia has been a key contributor to HP’s overall progress through targeted local initiatives:
Climate Change
- HP employees saved up to 15,065 liters of water and 188 kg of CO2 through the company’s People Eco Challenge 2022.
- HP employees planted over 1,000 mangrove plants in Penang as part of its Wetland Restoration Program.
- HP employees removed over 1,000 kg of trash and microplastics from the area through its shoreline cleaning program.
- HP hosted the first meeting of Penang’s Green Industry Program in 2022 to promote sustainable practices in the manufacturing industry.
- HP installed solar panels on rooftops and parking areas in its manufacturing plant in Penang, which is expected to reduce GHG emissions and generate 2,720 MWh annually.
- HP developed a Zero Waste Operations team to improve waste diversion at its facilities in Malaysia, diverting approximately 35,000 kg of waste from landfills annually.
- HP’s manufacturing plant achieved Platinum and Gold, respectively, in their Validated Assessment Program (VAP) audit results.
- HP is looking to virtual PPAs (VPPAs) to decarbonise power grids in its facilities globally, including in Malaysia.
Human Rights
- HP piloted the Million Makers Program in Malaysia to elevate workers’ voices through advanced risk-sensing technologies to address forced labour risk and working conditions. To date, over 396,000 people have benefitted from this program in 2022.
Digital Equity
- HP introduced its HP Modular Tech Hubs initiative, benefiting over 20,000 students and providing them with coding and Microsoft Office skills using HP PCs.
- HP has invested nearly 20,000 learning hours to over 30,000 Malaysian students through employee volunteering through various digital empowerment and entrepreneurship workshops as well as job shadowing in their Junior Achievement program.
- Three Malaysian NGOs were selected as part of the Digital Equity Accelerator, an initiative of Aspen Institute in collaboration with HP, which helps nonprofits scale innovative approaches to meeting the needs of underserved communities affected by the digital divide.
“At HP, we believe that solving today’s biggest challenges requires comprehensive solutions — underpinned by a united vision — and we are proud of our progress in Malaysia in the areas of digital equity, climate action and human rights. This outcome is a testament to the dedication of every member of the HP team in Malaysia to push themselves to challenge the status quo and advance industry standards. The impact that we make today will go a long way in building a more sustainable and equitable future for generations to come,” said Alex Tan, Managing Director of HP Malaysia.
HP Study: Climate Crisis is Changing Parental Decisions on Purchasing, Careers and Even Family Size
HP also announced findings from its new global research conducted by Morning Consult. The study among parents in India, Mexico, Singapore, the United Kingdom and the United States found that 91% of parents are concerned about the climate crisis, leading to changes reshaping their lives and purchasing habits. More than half say it has impacted their perspective on having more children. Up to forty-three per cent of respondents said they had reconsidered working for a company based on its commitment to environmental and social issues.
The research also found that many parents favor companies that are taking action to address climate change. Nearly two-thirds of parents prefer sustainably sourced products and say sustainable company practices play a large part in their purchasing habits. That is despite the findings that the vast majority of parents acknowledge the cost of living is rising, and more than half believe engaging in environmentally friendly practices takes up much time.
While parents are taking personal action, most also believe key players in the corporate world must act, too. Most parents believe that companies have “a lot” of responsibility in holding themselves accountable for climate action, as opposed to customers.
HP aspires to be the most sustainable and just technology company. In 2021, HP set aggressive Sustainable Impact goals in three areas where the company believes it can make the most difference – Climate Action, Human Rights and Digital Equity. The 2022 report details progress toward all three focus areas, including a net zero carbon value chain, giving back more to forests than we take, creating a more circular economy, building a culture of equality and empowerment, and accelerating digital equity around the world to enable traditionally excluded communities to thrive in a digital economy.
For more information on HP’s 22nd Annual Sustainability Report, please find it here: https://www.hp.com/us-en/sustainable-impact.html.
