HP has set a target to reduce greenhouse gas emissions from its global operations by 25 percent by 2025, compared to 2015.
The IT giant says it will reduce its climate impacts through a three-phase approach: first, optimizing energy efficiency in its operations and buildings. The other two phases focus on shifting toward less GHG-intensive energy sources, including increased use of on-site renewable power, and through acquired or generated off-site renewable power to offset brown power emissions.
In conjunction with setting this new operations goal, HP renewed its commitment to World Wildlife Fund’s (WWF) Climate Savers Program, a global program to engage business and industry on climate and energy.
HP’s new operations goal builds on two previous goals set by the Hewlett-Packard Company. (Hewlett-Packard Company split into HP and Hewlett Packard Enterprise in November 2015.)
In 2015, Hewlett-Packard Company achieved a 29 percent reduction in scope 1 and scope 2 emissions compared to 2010 levels, exceeding its 20 percent by 2020 goal set in 2013. Prior to that, the company achieved a 20 percent carbon reduction in its operations in 2011 compared to 2005 — two years ahead of its goal.
Hewlett-Packard Company was the first in the IT industry to have set carbon reduction goals for all three parts of its value chain — operations, supply chain and product portfolio — and HP continues to map and disclose its carbon footprint on an annual basis.
As a separate company, HP estimates that its global operations account for less than 5 percent of the company’s total carbon footprint, including all of HP’s owned and leased facilities, as well as the automobile and aviation fleet within its operational control.
Its supply chain accounts for 41 percent, while its products account for 53 percent.
Earlier this month CDP recognized HP for its efforts to reduce supply chain emissions: HP was one of only 29 global companies out of more than 3,300 assessed by CDP to earn a position on the inaugural supplier engagement leader board.
In addition, HP was one of 112 companies to make the CDP Supplier Climate A List, which recognizes companies for their climate strategy, actions and reporting.
Last year HP announced a goal to reduce the GHG emissions intensity of its product portfolio by 25 percent by 2020, compared to 20102, and committed to source 100 percent renewable electricity in its global operations with an interim goal of 40 percent renewable by 2020.
In an earlier interview, Nate Hurst, HP’s chief sustainability and social impact officer said the company is committed to using renewable energy because “both cost-effective and low carbon sources of energy are essential to the future and the growth of HP’s business.”