HP Achieves Leadership On Carbon Reductions
Published: 22 March 2010
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Executive Summary
This case study is one in a series of Verdantix reports that analyse corporate climate change and sustainability strategies. Hewlett-Packard (HP) is one of the world’s largest technology firms with revenues of $118.4 billion in the most recent financial year delivered by 321,000 employees worldwide. Due to its manufacturing roots and the outlook of the company founders, HP has had a constant emphasis on environmental performance. HP has set a goal to reduce energy consumption and associated GHG emissions of their products and operations by 40% below 2005 levels by the end of 2011. HP has split this goal into a number of absolute and relative reduction targets, achieving them through the implementation of a multitude of sustainability initiatives across its operations and products. Through these, HP has achieved the ultimate goal in carbon management decoupling operational emissions from revenue growth between 2005-2008, acting as an example for technology and telecoms firms around the world.
TABLE OF CONTENTS
HP GIVES CORPORATE SUSTAINABILITY LESSONS
HP Demonstrates Climate Change Vision, Governance And Strategy
The Complexity Of HP Requires A Multitude Of Sustainability Targets
HP’s Sustainability Programme Points To Best Practice For Peers
TABLE OF FIGURES
Figure 1. Between 2005 And 2008 HP Decoupled CO2 Emissions From Revenue
Figure 2. Between 2005 And 2008 HP Cut CO2 Emissions By 31% Per Revenue Unit
Figure 3. HP’s Sustainability Initiatives Target Operations and Product Innovation
COMPANIES MENTIONED
AT&T, Cisco, Carbon Disclosure Project, Daimler, EDS, Google, IBM, Intel, Mercury Print Productions, Microsoft, Wal-Mart, WWF, Yahoo!