HP Inc., the Palo Alto-based personal systems and printing technology company operating across 55 countries with annual revenues of $53.6 billion, published its 2024 Sustainable Impact Report in August 2025, covering calendar year 2024 performance. The report is anchored around HP’s three core sustainability pillars: Transform HP’s Value Chain, Accelerate Digital Equity, and lead with Responsible Business practices. HP holds a triple A score from CDP across climate, forests, and water security, maintained for five consecutive years, and is recognised as a CDP Supplier Engagement Leader. Its net zero ambition targets the full value chain by 2040, supported by SBTi-validated targets requiring a 50% absolute reduction in Scope 1, 2, and 3 emissions by 2030 against a 2019 baseline.

Source

https://h20195.www2.hp.com/v2/GetDocument.aspx?docname=c09212613
https://www.hp.com/in-en/sustainable-impact/document-reports.html
https://investor.lenovo.com/en/sustainability/reports/FY2025-lenovo-sustainability-report.pdf

Sustainability Strategy and Goals

HP’s sustainability strategy is governed by SBTi-validated near-term and long-term targets validated under the 1.5°C pathway. The near-term 2030 target requires a 50% absolute reduction in Scope 1, 2, and 3 emissions from a 2019 baseline. Long-term, HP targets net zero emissions across the full value chain by 2040, ten years ahead of the Paris Agreement-aligned 2050 standard, with a 100% renewable electricity goal for operations set for 2035. Circular economy goals run on a parallel track, targeting 75% circularity for products and packaging by 2030 and 30% post-consumer recycled content plastic across personal systems and print products by 2025.

Net Zero and Carbon Emissions

HP reported total Scope 1, 2, and 3 emissions of 17.86 million tCO2e in 2024, a 3.13% increase from 2023, driven by Scope 3 growth in purchased goods and services. Scope 1 and 2 (market-based) operational emissions reached 127,600 tCO2e in 2024, a 13% reduction from 2023 and a meaningful decline against the 2019 baseline, driven by increased renewable electricity procurement. Scope 3 emissions were 17.63 million tCO2e in 2024, representing 98.7% of the total footprint, with purchased goods and services alone accounting for 12.12 million tCO2e, or 71% of total Scope 3.

• Total GHG footprint in 2024: 17.86 million tCO2e, up 3.13% from 2023​
• Scope 1 and 2 (market-based) emissions in 2024: 127,600 tCO2e, down 13% from 2023​
• Scope 3 emissions in 2024: 17.63 million tCO2e across 8 of 15 GHG Protocol categories​
• Purchased Goods and Services (Scope 3 Cat. 1): 12.12 million tCO2e (71% of Scope 3)​
• Use of Sold Products (Scope 3 Cat. 11): 4.36 million tCO2e (26% of Scope 3)​
• Emissions intensity per USD million of revenue: 2.4 tCO2e in 2024, down 13% from 2023​
• Net zero target: 2040 across full value chain, with 50% absolute reduction by 2030 from 2019 baseline​

Water Stewardship

HP uses the WRI Aqueduct Water Risk Atlas to identify priority sites in areas of limited water availability, flooding, and poor water quality across both its own operations and its supply chain. The company tracks and reports water consumption at priority facilities in water-stressed regions and sets reduction expectations for suppliers through its Supplier Responsible Sourcing Principles. HP’s most consequential water impact comes through its forests programme, where the WWF partnership protects and restores watersheds that provide clean water to millions of people downstream across Brazil, China, and other biomes.

• WRI Aqueduct tool deployed to identify water-stressed priority sites at the river basin level across operations and supply chain​
• WWF partnership protects and restores forests across Brazil and China that serve as watershed protection for downstream communities​
• Water consumption tracked at operational priority sites; supply chain water expectations embedded in Supplier Responsible Sourcing Principles​
• 100% renewable electricity target by 2035 will reduce water consumption at data center and manufacturing sites through energy intensity reduction​

Regenerative Agriculture

HP does not operate an agricultural supply chain and does not publish a regenerative agriculture target. Its indirect contribution to regenerative land management comes through its Sustainable Forests Collaborative, a 1t.org registered pledge, and through the WWF partnership that funds sustainable land management across 1 million acres including the implementation of FSC smallholder certification in China covering 35,257 acres of bamboo and mixed forests. In Brazil, forest restoration projects in the Atlantic Forest biome provide co-benefits for smallholder farming communities through improved watershed services and biodiversity recovery.

Deforestation and Biodiversity

HP’s most distinctive biodiversity commitment is the $80 million partnership with WWF to conserve, restore, and improve management of forests across 10 years and an estimated 1 million acres. Critically, HP pioneered the application of science-based targets for forests as the first company to pilot the methodology developed by WWF, estimating impacts not only from HP’s own paper supply chain but from all paper run through HP printers globally. This downstream-inclusive scope makes it one of the most architecturally ambitious forest accountability frameworks in the technology sector.​

• $80 million WWF partnership: conserve, restore, and improve management of approximately 1 million acres across 10 years​
• HP was the first company to pilot science-based targets for forests using the WWF methodology, covering both upstream supply chain and downstream printer paper use​
• 35,257 acres of bamboo and mixed forests under FSC smallholder certification in China through the WWF programme​
• Brazil: Atlantic Forest and Amazon basin restoration projects active; targeting orangutan, tiger, elephant, and rhino habitat co-benefits​
• HP Sustainable Forests Collaborative: 1t.org pledge to grow, conserve, and protect 1 million trees​

Packaging and Circular Economy

HP achieved 75% circularity for products and packaging in 2024 against an interim progress marker of 43%, meaning the 75% target for 2030 is still 32 percentage points from achievement. Post-consumer recycled (PCR) plastic used across personal systems and print products reached 26% in 2024, totalling 48,840 tonnes, against a 30% target set for 2025. Single-use plastic packaging reduction reached 67% against a 75% target for 2025, declining from 221 grams per unit in 2018 to 72 grams per unit in 2024. Operational waste diversion from landfill reached 90% in 2024, on track toward the zero operational waste to landfill goal for 2025.

• Product and packaging circularity progress: 43% in 2024, vs 75% target for 2030​
• PCR plastic across personal systems and print products: 26% by weight in 2024, totalling 48,840 tonnes, vs 30% target for 2025​
• Single-use plastic packaging reduction: 67% from 2018 baseline in 2024 (72 grams per unit vs 221 grams in 2018), vs 75% target for 2025​
• Operational waste diverted from landfill: 90% in 2024, vs zero waste to landfill target for 2025​
• HP All-in-One PC new packaging design eliminates 98% of expanded polyethylene foam, shifting to recycled corrugated, paperboard, and molded pulp​
• HP Planet Partners program: collects and recycles used ink cartridges and hardware, enabling closed-loop plastic recovery for new products​

Human Rights and Responsible Sourcing

HP’s supply chain responsibility programme covers an estimated 2,700 production suppliers across 30+ countries and is structured around the Responsible Business Alliance (RBA) Code of Conduct, the UN Guiding Principles on Business and Human Rights, and the OECD Guidelines for Multinational Enterprises. In 2024, HP enrolled suppliers in the Ganapati Initiative, a 12-month supplier capability-building programme managed by Embode, which provided direct technical assistance in foreign employment processes, contracting standards, safe working conditions, and grievance mechanism design. Critically, 55% of HP’s production suppliers reported having science-based targets in 2024, with 49% of those validated by SBTi and 6% assessed by HP directly, the highest disclosed production supplier SBT coverage rate in the hardware peer group.

• Production suppliers with science-based targets in 2024: 55% reporting SBTs, with 49% SBTi-validated and 6% HP-assessed​
• Ganapati Initiative: 12-month supplier labour standards programme providing capability building in recruitment, contracting, safe working conditions, and grievance mechanisms
• Supply chain audits conducted under RBA Code of Conduct; high-risk suppliers required to achieve validated audit scores​
• HP Supplier Responsible Sourcing Principles: published requirements covering labour rights, health and safety, environmental management, and anti-corruption​
• Human rights due diligence framework aligned with UN Guiding Principles and OECD Guidelines; whistleblowing mechanisms accessible to supply chain workers​

Nutrition and Health

As a technology hardware and software company, HP does not operate in the food or nutrition sector. Its most relevant contribution to public health comes through its digital equity programme, which funds technology access for underserved healthcare communities and supports HP LIFE, a free online IT and business skills training program that enables health workers and educators in low-income markets to improve their professional productivity.

Community and Social Impact

HP’s digital equity programme is its defining social impact initiative, targeting 150 million people with access to technology, skills, and content by 2030. Since 2021, the programme has reached 65 million people, including 45 million by 2023 and a further 20 million in 2024 through partnerships with YMCA, MIT Solve, Girl Rising, NABU, and a cohort-based Digital Equity Accelerator that provides nonprofits with $100,000 cash grants, approximately $100,000 in HP technology, and a six-month training programme. In 2025, the Accelerator expanded to Greece, Indonesia, Nigeria, and Spain, with four nonprofits selected to scale digital inclusion solutions for youth and adults.

• Digital equity progress: 65 million people reached by end of 2024 since 2021, targeting 150 million by 2030​
• Digital Equity Accelerator 2024 cohort: each nonprofit received $100,000 grant, approximately $100,000 in HP technology, and six-month capacity-building programme​
• 2025 Accelerator cohort: Greece, Indonesia, Nigeria, and Spain; focus on youth and adult digital skills​
• HP LIFE: free IT and business skills training programme; 210% enrollment increase during COVID-19 period​
• More than 3 million critical supplies produced through HP’s 3D printing network for healthcare workers during COVID-19​

Governance and Transparency

HP maintains a CDP triple A score across climate, forests, and water, achieved for five consecutive years, and is recognised as a CDP Supplier Engagement Leader. This triple A designation is held by fewer than 1% of disclosing companies globally, reflecting the quality and breadth of HP’s reporting across all three environmental domains. HP’s Sustainable Impact Report is independently assured and covers Scope 3 emissions across 8 of 15 GHG Protocol categories, consistent year-over-year, providing a stable baseline for trend analysis.

Technology and Innovation

HP’s most architecturally differentiated sustainability technology is its closed-loop plastic recovery system within the HP Planet Partners programme. Using ocean-bound and post-consumer plastic recovered through its cartridge and hardware take-back network, HP re-engineers recovered plastic into new ink cartridges and product components, closing the material loop at industrial scale. The 48,840 tonnes of PCR plastic used in 2024 represents the commercial output of this closed-loop infrastructure.​

For packaging innovation, HP’s All-in-One PC redesign demonstrates what eliminate-and-innovate looks like in practice. By substituting recycled corrugated, paperboard, and molded pulp for expanded polyethylene foam across its largest monitor packaging lines, HP reduced EPE foam use by 98% per unit while improving the probability that the packaging enters existing fiber recycling streams rather than landfill. This approach removes a category of difficult-to-recycle material at the product design phase rather than at end of life.​

HP’s science-based forest targets framework, co-developed with WWF and applied to downstream printer paper use beyond just HP’s own supply chain, is a methodological innovation with implications for the broader technology and office equipment sector. The approach extends HP’s accountability boundary to include indirect environmental impacts, creating a governance model that could serve as a template for other OEMs whose products generate ongoing resource consumption during consumer use.​

• Closed-loop plastic recovery: HP Planet Partners programme recovers cartridges and hardware, reprocessing into 48,840 tonnes of PCR plastic used in 2024​
• All-in-One PC packaging redesign: 98% reduction in expanded polyethylene foam; primary materials shifted to recycled corrugated, paperboard, and molded pulp​
• Downstream-inclusive science-based forest targets: first technology company to apply the WWF SBT forests methodology covering all paper run through HP printers globally​
• HP LIFE digital skills platform: free global access; 210% COVID-era enrollment growth​
• 55% production supplier SBT coverage in 2024: highest disclosed rate in the hardware technology peer group​

Global Partnerships and Advocacy

HP’s WWF partnership is its most structurally significant external commitment, covering an $80 million, 10-year programme across forest conservation, restoration, and sustainable management in Brazil and China. HP is a founding contributor to the 1t.org Sustainable Forests Collaborative and a signatory of the Business Ambition for 1.5°C campaign. The Digital Equity Accelerator operates through a network of NGO and multilateral partners including MIT Solve, YMCA, and Girl Rising across 30+ countries. HP advocates publicly for Extended Producer Responsibility policies governing electronics take-back and for recyclability labelling standards that align consumer behaviour with product-level recyclability characteristics.

Source

https://h20195.www2.hp.com/v2/GetDocument.aspx?docname=c09212613
https://h20195.www2.hp.com/v2/GetDocument.aspx?docname=c09211172
https://tracenable.com/company/hp/ghg-emissions
https://sustainability.ext.hp.com/en/support/solutions/articles/35000064465-please-explain-how-hp-is-driving-towards-circular-ec
https://www.csrwire.com/press_releases/730316-hp-and-wwf-announce-bold-partnership-expansion-conserve-and-restore-forests
https://csrwire.com/press-release/hp-inc-commits-accelerate-digital-equity-150-million-people-2030/

Progress vs. Target Tracker

Commitment	Target	Current Status	Assessment
50% absolute reduction in Scope 1, 2, and 3 vs 2019 baseline	2030	Total footprint rose 3.13% in 2024; Scope 3 up year-on-year ​	At Risk
Net zero across full value chain	2040	On operational track; Scope 3 grew in 2024 ​	At Risk
100% renewable electricity for global operations	2035	100% achieved for U.S. operations in 2024; global target outstanding ​	On Track
13% Scope 1 and 2 reduction year-on-year	2024	Achieved; 127,600 tCO2e in 2024, down 13% from 2023 ​	Achieved
75% circularity for products and packaging	2030	43% progress in 2024; 32pp gap remaining ​	At Risk
30% PCR plastic across personal systems and print products	2025	26% in 2024 (48,840 tonnes); 4pp shortfall at near-deadline ​	At Risk
Eliminate 75% of single-use plastic packaging vs 2018	2025	67% reduction achieved in 2024; 8pp gap at near-deadline ​	At Risk
Zero operational waste to landfill	2025	90% waste diversion in 2024; 10pp gap at near-deadline ​	On Track (Near)
$80 million WWF forest partnership	2029	Active; 35,257 acres FSC certified in China; Atlantic Forest restoration underway in Brazil ​	On Track
55% production suppliers with SBTs	Ongoing 2024 progress	55% reporting SBTs; 49% SBTi-validated in 2024 ​	On Track
Digital equity for 150 million people	2030	65 million reached by end of 2024; 43% of target achieved ​	On Track
CDP triple A score	Ongoing	Maintained for five consecutive years ​	On Track

Source

https://h20195.www2.hp.com/v2/GetDocument.aspx?docname=c09212613
https://net0tracker.com/corporates.html/HP%20Inc%20(ex%20Hewlett-Packard)/
https://sustainability.ext.hp.com/en/support/solutions/articles/35000064465-please-explain-how-hp-is-driving-towards-circular-ec

Key Sustainability Innovations and Technologies

HP’s closed-loop plastic recovery infrastructure, operating through the HP Planet Partners programme, converts post-consumer ink cartridges and hardware into a dedicated post-consumer resin supply for new products. This model decouples PCR plastic procurement from commodity markets by building a captive recovery stream, which delivers both supply chain resilience and material traceability advantages over open-market post-consumer resin purchasing. The 48,840 tonnes delivered through this system in 2024 makes HP one of the largest users of closed-loop recycled plastic among hardware technology companies globally.​

The All-in-One PC packaging redesign eliminates 98% of expanded polyethylene foam, shifting to a suite of recycled corrugated, paperboard, and molded pulp materials selected specifically because they enter existing municipal recycling streams without requiring consumer sorting. This addresses one of the most persistent problems in electronics packaging: even technically recyclable materials are only recycled if consumers can conveniently access the relevant recycling stream. HP’s choice to design for the probability of recycling, rather than for theoretical recyclability, reflects a maturity in circular design thinking that goes beyond label compliance.​

For supply chain decarbonization, the 55% production supplier SBT coverage rate in 2024 represents the most verified supply chain climate engagement in the PC and printer hardware peer group. HP’s Ganapati Initiative additionally addresses the human capital dimension of supply chain sustainability, recognising that labour standards and environmental standards are structurally linked at the facility level through the same management systems and corporate governance mechanisms.

• HP Planet Partners closed-loop: 48,840 tonnes PCR plastic from recovered cartridges and hardware, used in new HP products in 2024​
• All-in-One PC packaging: 98% EPE foam reduction; recycled corrugated, paperboard, and molded pulp primary materials​
• 55% production supplier SBT coverage: 49% SBTi-validated; highest disclosed rate in hardware technology peer group​
• $80 million WWF forest programme: downstream-inclusive science-based forest targets covering all paper run through HP printers​
• Ganapati Initiative: 12-month supplier labour standards capability-building programme; human rights due diligence integrated into supply chain engagement​

Source

https://sustainability.ext.hp.com/en/support/solutions/articles/35000064465-please-explain-how-hp-is-driving-towards-circular-ec
https://www.packworld.com/sustainable-packaging/recycling/article/22912241/new-hp-computer-packaging-cuts-plastic-and-extra-space
https://embode.co/hp-2024-sustainable-impact-report/
https://www.csrwire.com/press_releases/730316-hp-and-wwf-announce-bold-partnership-expansion-conserve-and-restore-forests

Measurable Impacts

HP’s strongest measurable results in 2024 sit at the operational and supplier engagement levels. Scope 1 and 2 emissions fell 13% year-on-year to 127,600 tCO2e, extending a consistent multi-year operational decarbonization trend driven by renewable electricity procurement. The 13% reduction in emissions intensity per USD million of revenue confirms that operational growth is decoupled from emissions at the Scope 1 and 2 level. The supplier SBT programme reached 55% of production suppliers with science-based targets, with 49% formally SBTi-validated, positioning HP ahead of any disclosed equivalent in the PC and printing hardware sector.

On circularity, 48,840 tonnes of PCR plastic were used across HP’s product lines in 2024, and packaging plastic was cut by 67% per unit against the 2018 baseline through the shift to fiber-based materials. Digital equity reached 65 million people since programme inception in 2021, with approximately 20 million people added in 2024 alone. The challenge sits in total Scope 3, which rose 3.13% in 2024 to 17.86 million tCO2e, with purchased goods and services up, driven by AI-related component and infrastructure growth.

• Scope 1 and 2 (market-based): 127,600 tCO2e in 2024, down 13% from 2023​
• Emissions intensity: 2.4 tCO2e per USD million revenue in 2024, down 13% from 2023​
• Total GHG footprint: 17.86 million tCO2e in 2024, up 3.13% from 2023​
• Scope 3 purchased goods (Cat. 1): 12.12 million tCO2e, 71% of total Scope 3​
• PCR plastic used in products: 48,840 tonnes in 2024 (26% by weight)​
• Single-use plastic packaging: 72 grams per unit in 2024, down from 221 grams per unit in 2018 (67% reduction)​
• Digital equity: 65 million people reached since 2021, toward 150 million by 2030​
• Production supplier SBT coverage: 55% in 2024, with 49% SBTi-validated​

Source

https://tracenable.com/company/hp/ghg-emissions
https://sustainability.ext.hp.com/en/support/solutions/articles/35000064438-what-actions-has-hp-taken-to-address-the-climate-cha
https://h20195.www2.hp.com/v2/GetDocument.aspx?docname=c09212613

Challenges and Areas for Improvement

Scope 3 remains HP’s most critical unresolved challenge. The total value chain footprint of 17.86 million tCO2e in 2024 rose 3.13% from 2023, and purchased goods and services at 12.12 million tCO2e represent 71% of the total Scope 3 pool. Against a 2030 target requiring a 50% absolute reduction from the 2019 baseline across all scopes, a rising Scope 3 trajectory driven by AI-related component demand directly contradicts the requirement for sustained multi-year absolute cuts. Scope 3 disclosure covers only 8 of 15 GHG Protocol categories, which limits the visibility into the end-of-life, downstream logistics, and employee commuting categories that would complete the picture.​

Three 2025 targets are at risk of being missed at the deadline. PCR plastic content reached 26% against the 30% target, single-use plastic packaging reduction reached 67% against the 75% target, and operational waste diversion reached 90% against the 100% zero waste to landfill goal. Each shortfall is within a plausible closing range, but all three represent targets that were likely achievable and whose near-miss signals a programme that is consistently performing at approximately 85% to 90% of its targets rather than at 100%.

The digital equity programme, while achieving 65 million people since 2021, has reached only 43% of its 150 million target with six years remaining. Reaching the remaining 85 million people requires roughly doubling the current annual pace of programme delivery, which at approximately 20 million people per year in 2024 would need to accelerate substantially. The programme relies on third-party nonprofit infrastructure for last-mile delivery, which introduces scaling constraints beyond HP’s direct control.​

• Scope 3 total: 17.86 million tCO2e in 2024, up 3.13% from 2023; 50% absolute reduction required by 2030​
• Purchased goods Scope 3 at 12.12 million tCO2e: AI component demand growth driving Scope 3 increase​
• PCR plastic: 26% in 2024 vs 30% target for 2025; 4pp gap at near-deadline​
• Single-use plastic packaging: 67% reduction vs 75% target for 2025; 8pp gap at near-deadline​
• Zero operational waste to landfill: 90% diversion in 2024 vs 100% target for 2025; 10pp gap at near-deadline​
• Scope 3 category disclosure: 8 of 15 GHG Protocol categories only​
• Digital equity: 65 million of 150 million reached; 85 million remaining with six years left​

Source

https://tracenable.com/company/hp/ghg-emissions
https://sustainability.ext.hp.com/en/support/solutions/articles/35000064465-please-explain-how-hp-is-driving-towards-circular-ec
https://www.globenewswire.com/news-release/2024/04/16/2863692/0/en/HP-Announces-2024-Digital-Equity-Accelerator-Cohort.html

Future Plans and Long-Term Goals

By 2025, HP is in the final year of achieving zero operational waste to landfill, 30% PCR plastic, and 75% single-use plastic packaging reduction, three near-term milestones where it entered 2025 in an 85% to 90% completion range. By 2030, the company targets 75% circularity for products and packaging, a 50% absolute Scope 1, 2, and 3 reduction from the 2019 baseline, digital equity for 150 million people, and full completion of the $80 million WWF forest programme. The 2035 renewable electricity goal for global operations will be the critical energy transition milestone bridging the 2030 interim target and the 2040 net zero deadline.

The 2040 net zero target requires solving the Scope 3 purchased goods problem, which at 12.12 million tCO2e in 2024 is driven by semiconductor manufacturing, display component production, and increasingly AI accelerator chip demand. HP’s primary mechanism for addressing this is its supplier SBT programme, which has achieved 55% production supplier coverage in 2024 and is designed to progressively cascade science-based reduction commitments through the hardware manufacturing supply chain. The downstream science-based forest targets framework, extended to cover all paper run through HP printers, signals a willingness to hold itself accountable for consumer-phase impacts that most hardware companies exclude from their sustainability boundaries.

Source

https://h20195.www2.hp.com/v2/GetDocument.aspx?docname=c09212613
https://net0tracker.com/corporates.html/HP%20Inc%20(ex%20Hewlett-Packard)/
https://www.csrwire.com/press_releases/730316-hp-and-wwf-announce-bold-partnership-expansion-conserve-and-restore-forests
https://csrwire.com/press-release/hp-inc-commits-accelerate-digital-equity-150-million-people-2030/

Comparisons to Industry Competitors

Dell Technologies and Lenovo are HP’s most directly comparable hardware sustainability peers. Dell targets net zero by 2050 and a 50% Scope 1 and 2 reduction by 2031 from a 2020 baseline, while also targeting a 45% Scope 3 purchased goods reduction by 2031. Lenovo targets net zero by 2050 and published its FY 2024/25 ESG Report in June 2025, reporting continued progress toward its 2030 emissions reduction targets, with emphasis on closed-loop recycled materials and product lifecycle extension services. HP’s net zero target of 2040 is ten years ahead of both Dell (2050) and Lenovo (2050), representing the most ambitious long-term climate commitment in the hardware peer group.

On supplier engagement, HP’s disclosed 55% production supplier SBT coverage rate in 2024 is the most specific comparable metric in the hardware peer group. Lenovo also discloses its supplier sustainability programme and closed-loop recycled material usage, with an emphasis on aluminium and PCR plastics in ThinkPad and other flagship product lines. Dell’s net emissions trajectory shows a reduction from 25 million to 15.3 million tCO2e in its most recent reporting period, representing a more substantive absolute Scope 3 improvement than HP’s 3.13% increase in 2024. HP’s triple A CDP score for five consecutive years across all three domains (climate, forests, water) is unmatched by direct hardware peers.

Hardware Technology ESG Metrics (Latest Available Data)

Metric	HP Inc.	Dell Technologies	Lenovo
Total GHG footprint	17.86 million tCO2e in 2024 ​	Down from 25 million to 15.3 million tCO2e (recent period) ​	Reduced carbon footprint; scope reported in FY 2024/25 ESG report ​
Scope 1 and 2 trend	127,600 tCO2e in 2024; down 13% year-on-year ​	50% Scope 1 and 2 reduction by 2031 from 2020 baseline ​	Operational emissions reduction ongoing; surpassed 2025 renewable energy target ​
Scope 3 trend	17.63 million tCO2e in 2024; up 3.13% from 2023 ​	45% reduction in Scope 3 purchased goods targeted by 2031 ​	Closed-loop recycled materials; product lifecycle extension as Scope 3 lever ​
Net zero target	2040 (10 years ahead of Paris alignment) ​	2050 ​	2050 ​
Renewable electricity	100% achieved for U.S. operations in 2024; global target by 2035 ​	100% renewable electricity by 2040 ​	Surpassed 2025 50% renewable electricity target for third consecutive year ​
Supplier SBT coverage	55% of production suppliers with SBTs; 49% SBTi-validated ​	Active supplier engagement program; no equivalent coverage rate disclosed ​	Supplier engagement programme active; coverage rate not disclosed ​
Circularity/recycled content	26% PCR plastic (48,840 tonnes); 43% product and packaging circularity progress ​	Recycled materials in products; Project Luna circular design initiative ​	Closed-loop recycled aluminum, PCR plastics in ThinkPad and flagship lines ​
CDP score	Triple A across climate, forests, and water for 5 consecutive years ​	Not disclosed at equivalent triple A level ​	Not disclosed at equivalent triple A level ​

Source

https://tracenable.com/company/hp/ghg-emissions
https://net0tracker.com/corporates.html/Dell%20Technologies/
https://news.lenovo.com/pressroom/press-releases/lenovo-releases-fy-2024-25-esg-report-showcasing-measurable-progress-industry-l

What to Watch: 12 to 18 Month Indicators

Three 2025 Target Outcomes in the 2025 Sustainable Impact Report

HP’s 2025 Sustainable Impact Report, expected in mid-2026, will reveal the final performance against three near-deadline targets: 30% PCR plastic content, 75% single-use plastic packaging elimination, and zero operational waste to landfill. All three ended 2024 between 67% and 90% of target, meaning a 2025 acceleration was required in the final year. If all three are missed, the pattern of consistent near-miss at approximately 85% of target will reinforce a perception that HP’s packaging circularity programme is well-designed but systemically under-resourced relative to the pace of target achievement required. If any are achieved, it confirms that the HP circular economy delivery machine can close gaps when facing hard deadlines.

Scope 3 Absolute Trajectory Under AI-Driven Component Demand

HP’s Scope 3 emissions rose 3.13% in 2024, driven by AI-related purchased goods growth. The 2025 Sustainable Impact Report will establish whether this represents a single-year anomaly or a structural inflection point comparable to what Google and Salesforce have experienced. HP faces the same tension as other technology hardware companies: AI drives both revenue growth and upstream component manufacturing emissions simultaneously. The purchased goods Scope 3 category at 12.12 million tCO2e needs to begin declining in absolute terms by 2026 to remain on the 50% reduction trajectory required by 2030, which given AI infrastructure growth makes this the single most important emissions data point in the next annual report.

WWF Forest Partnership Milestone Disclosure

HP’s $80 million, 10-year WWF forest partnership is in its seventh year and covers an estimated 1 million acres. The next annual progress disclosure should include verified hectare counts of forest conserved, restored, and brought under improved management, along with independent carbon and biodiversity co-benefit assessments. Given HP’s status as the first company to apply science-based forest targets to its downstream printer paper footprint, any gap between the stated 1 million acre scope and verified delivery would directly undermine the credibility of that methodological leadership position. A fully verified mid-term progress report published ahead of COP31 in 2026 would represent the most credible near-term signal that the programme is delivering at the scale and integrity its design intends.​

Source

https://h20195.www2.hp.com/v2/GetDocument.aspx?docname=c09212613
https://tracenable.com/company/hp/ghg-emissions
https://www.csrwire.com/press_releases/730316-hp-and-wwf-announce-bold-partnership-expansion-conserve-and-restore-forests

HP’s 2024 sustainability record divides cleanly into two performance zones. The operational and supplier engagement programmes are delivering at, or ahead of, target: 13% Scope 1 and 2 reduction, 55% supplier SBT coverage, CDP triple A for five consecutive years, and 65 million people reached through the digital equity programme all represent genuine programme-level execution. The WWF partnership and the downstream-inclusive science-based forest targets framework are architecturally ahead of any hardware peer, reflecting a willingness to extend the sustainability accountability boundary beyond conventional boundaries.

The strategic tension is in Scope 3 and circular economy. Total Scope 3 rose 3.13% in 2024 while AI-driven purchased goods demand is structurally growing. A 50% absolute reduction in total emissions by 2030 from the 2019 baseline requires the purchased goods category to reverse a rising trend against compounding demand growth, a dynamic that supplier SBT cascading alone is unlikely to resolve without direct investment in low-carbon component manufacturing capacity. The circularity targets at 85% to 90% completion with one year remaining also reflect a programme with strong infrastructure but an execution gap at the final delivery stage.

Three strategic takeaways for practitioners benchmarking or replicating HP’s approach:

1. Closed-loop plastic recovery at the cartridge and hardware take-back level is a replicable supply chain model that decouples recycled content procurement from commodity market volatility. HP’s Planet Partners programme creates a captive, traceable PCR supply stream that delivers both material security and material provenance. Any hardware or consumer electronics company with a product category that generates a high-volume, consistent waste stream should evaluate whether a captive recovery infrastructure would deliver more reliable recycled content supply than open-market PCR purchasing, particularly as recycled content targets tighten across regulatory jurisdictions.​
2. Downstream-inclusive accountability boundaries for nature and forests represent the next generation of corporate sustainability leadership. HP’s decision to apply science-based forest targets to all paper run through its printers, not just paper in its own supply chain, is the kind of accountability boundary extension that distinguishes genuine environmental leadership from compliance-driven reporting. Practitioners designing nature strategies should ask whether their accountability boundary includes the indirect environmental impacts of their products during consumer use, not just the impacts of their own sourcing and manufacturing, and whether there is a credible science-based framework for quantifying and governing that broader scope.​
3. Supplier SBT adoption rates should be a headline metric in any enterprise technology sustainability report. HP’s 55% production supplier SBT coverage with 49% formal SBTi validation is the most specific, comparable metric for assessing supply chain decarbonization ambition in the hardware sector. Sustainability practitioners comparing peer company performance should demand equivalent disclosure from any hardware, electronics, or industrial company that claims supply chain decarbonization as a strategic priority, because without a supplier SBT adoption rate tied to a specific validation standard, supply chain Scope 3 reduction claims cannot be independently assessed.​

Source

https://h20195.www2.hp.com/v2/GetDocument.aspx?docname=c09212613
https://tracenable.com/company/hp/ghg-emissions
https://www.csrwire.com/press_releases/730316-hp-and-wwf-announce-bold-partnership-expansion-conserve-and-restore-forests
https://net0tracker.com/corporates.html/HP%20Inc%20(ex%20Hewlett-Packard)/