Daily CSR
Daily CSR

Daily CSR
Daily news about corporate social responsibility, ethics and sustainability

HP’s Sustainable Impact



06/30/2020

HP’s evaluation in comparison “to the future to which” they “aspire”.


Dailycsr.com – 30 June 2020 – On June 26, 2020, Ellen Jackowski took up the post of “Chief Sustainability and Social Impact Officer at HP”. In fact, on the same day, the company also launched its “8th annual Sustainable Impact Report” along with the first edition of “Human Rights Progress Report”. Jackowski stated:
“At this milestone moment, I find myself thinking a lot about accountability and action. In a year that has tested our values, resolve, leadership, and resilience, it’s more essential than ever that companies are transparent with their stakeholders and truly own their impact and influence”. 
 
The ongoing pandemic has proven that people across the globe are connected beyond borders, while education and employment systems have been disrupted while the social dividing plaguing our society seems to be gapping at us. Present situations underscore the need for collaboration, creative approach to problems and “purpose-led” corporate practices for bringing in a greater good. And Jackowski added:
“Our founders Bill Hewlett and Dave Packard instilled in the company a belief that businesses should focus on more than just profits; they must also be strong corporate citizens. And today, our President and CEO, Enrique Lores, calls upon companies like HP to be beacons of progress. We know we must work across our industry and the private sector, and together with our employees, partners, and customers, to tackle the critical challenges that we face. And we understand that to truly move forward we must authentically take stock of where we are compared to where we said we would be, and, more importantly, compared to the future to which we aspire”. 
 
Likewise, the “2019 HP Sustainable Impact Report and Human Rights Progress Report” are transparent tools for “employees, customers, and investors” to know about the company’s commitments and performance as they demanded from the company. Furthermore, the report evaluates the progress made by the company in the above mentioned fields by using “data and insights” to progress more effectively towards its vision.
 
HP has been working on “human rights programs” since it started publishing its annual “Sustainable Impact Report” from 2002. And this year, the company has launched its “inaugural Human Rights Progress Report”. While, Jackowski informed:
“HP respects all human rights and has been recognized as a leader in the electronics industry by KnowTheChain, the Corporate Human Rights Benchmark, and Ethisphere’s World’s Most Ethical Companies. We integrate policies into our day-to-day business practices—inclusive of our supply chain, operations, and products—that cover worker health and safety, inclusive and fair employment, and a strong stance and prohibition against trafficking in persons”.
 
Moreover, diversity and inclusion has been imperative for HP as it hired more and more “underrepresented groups” such as “women, U.S. ethnicities, veterans, and persons with disabilities”. Among other achievements of HP includes:
  • Recommitting towards “CEO Action for Diversity and Inclusion”
  • Pledging of “$500,000” against “systemic racism” and social inequality
  • Announcing to doubling the number of HP’s “Black and African American executives” by 2025
  • Launching “My Story: The 2020 Storytelling Challenge” in partnership with Girl Rising
  • Achieving over 9% of commitment to take HP’s “post-consumer recycled content” to 30% by 2025
  • Sourcing more than “1 million pounds of ocean-bound plastic” to create HP products in 2019
  • Pledging to “eliminate 75 percent of single-use plastic packaging by 2025 compared with 2018”
 
 
 
Jackowski further stated:
“We have 111 Gold and 268 Silver EPEAT-registered products, more than any other company in the IT industry, giving HP the world’s most sustainable PC portfolio. Life cycle assessments (LCAs) of three service-based models—HP Device as a Service , HP Managed Print Services, and HP Instant Ink—demonstrate that service-based solutions outperformed transactional models in all LCA environmental impact categories. And furthering our commitment to protect and restore global forests, we expanded the Sustainable Forests Collaborative with the addition of the Arbor Day Foundation, Chenming Paper, Domtar, and New Leaf”.
 
 
 
 
References:
3blmedia.com