As of 2023, HP has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into HP ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2025 |
Absolute-based Target* | Scope 1 - Mobile Combustion | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2025 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target* | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target* | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9) | Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Net Revenue | Copy restricted. Please purchase to unlock this data. | 2025 |
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As of 2023, HP has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
As of 2023, HP has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
HP's most ambitious operational target is to reduce these emissions by 65% by 2025, compared to a baseline of 388,700 Metric Tonnes of CO2 equivalent (mtCO2e) in 2015.
As of 2023, HP is ahead of schedule on its operational emissions reduction target, having achieved 95.38% of the planned reduction.
As of 2023, HP has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 11 out of the 15 Scope 3 categories defined by the GHG Protocol.
HP's most ambitious value chain target is to reduce these emissions by 50% by 2030, compared to a baseline of 32,539,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
As of 2022, HP is ahead of schedule on its value chain emissions reduction target, having achieved 35.6% of the planned reduction.
As of 2023, HP has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.
HP's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 27,234,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 50% by 2030.
As of 2023, HP is ahead of schedule on its total carbon footprint reduction target, having achieved 54.86% of the planned reduction.