HP Inc
HP Energy Data Preview
In 2023, HP disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
HP also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, HP also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, HP also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate HP's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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Insights into HP's Energy Renewability
In 2023, HP consumed a total of 2.63 million Gigajoules of energy across its operations. Of this total, 40.19% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 59.81% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
HP's Energy Renewability Rate
How much of HP's energy consumed is renewable?
In 2023, HP consumed a total of 2.63 million Gigajoules of energy, of which 40.19% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This moderate level of renewable energy adoption indicates that HP is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Are HP's energy practices becoming more sustainable?
Since 2021, HP's total energy consumption increased by 4.7%, including a 4.81% increase in 2023, reflecting a sustained rise in overall energy demand.
Over the same period, the share of renewable energy in HP's consumption increased by 6.08%, including a 3.42% increase in 2023, showing consistent progress in clean energy adoption.
Overall, HP has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energy—mitigating the environmental impact of its growing consumption.
HP's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into HP's Energy Consumption & Production Mix
In 2023, HP disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the HP's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
HP's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind HP's energy consumption?
In 2023, HP's total energy consumption was primarily sourced from
- Electricity (Unspecified Source) (68.68%)
- Natural Gas (19.41%)
- Gasoline (Petrol) (6.58%)
How diverse is HP’s energy consumption mix?
In 2023, HP consumed energy from 8 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.
Insights into HP's Energy Inflows & Self-Sufficiency
In 2023, HP reported total energy inflows of 1.81 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 1.8 million Gigajoules purchased from external suppliers and 9,644.4 Gigajoules generated through internal production. This corresponds to a production share of 0.53%, reflecting a 25.55% percentage point increase from the previous year (2022) and a 24.27% percentage point increase since 2021.
HP's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.
HP's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased