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HP Inc
HP's GHG Emissions Data Preview
In 2024, HP completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
HP has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind HP’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore HP’s data sources below and access millions more through our Disclosure Search.
Insights into HP's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofHP amounted to234,100metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of HPdecreased by 4.6%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
HP's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are HP's Scope 1 emissions?
In 2024, the total Scope 1 emissions of HP were 48,400 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has HP reduced its Scope 1 emissions over time?
Since 2019, HP's Scope 1 emissions have decreased by 21.81%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), HP's Scope 1 emissions decreased by 7.1%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are HP's Scope 2 emissions?
In 2024, HP reported Scope 2 greenhouse gas (GHG) emissions of 79,200 tCOâ‚‚e using the market-based method and 185,700 tCOâ‚‚e using the location-based method.a
Has HP reduced its Scope 2 emissions over time?
Since 2019, HP's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 17.98%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), HP's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that HP's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does HP use for Scope 2 reporting?
In 2024, HP reported its Scope 2 emissions using the market-based method and using the location-based method.a
HP's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into HP's Value Chain Emissions
In 2024, HP reported 17,630,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of HP includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
HP's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are HP's Scope 3 emissions?
In 2024, HP reported total Scope 3 emissions of 17,630,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 72.53%of these emissions originated from upstream activities such as purchased goods and capital goods, while 27.47%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has HP reduced its Scope 3 emissions over time?
Since 2019, HP's Scope 3 emissionshave decreased by 43.44%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), HP's Scope 3 emissions remained relatively stable, indicating that HP's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does HP disclose?
In 2024, HP reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of HP's Scope 3 emissions?
In 2024, the largest contributors to HP's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 12,115,000 tCOâ‚‚e(71.04%)
- Use of Sold Products (Cat. 11): 4,362,000 tCOâ‚‚e(25.58%)
- End-of-Life Treatment of Sold Products (Cat. 12): 305,000 tCOâ‚‚e(1.79%)
HP's Scope 3 Emissions by Categories
Insights into HP’s GHG Emissions Intensity Compared to Industry Peers
In 2024, HP reported Scope 1 greenhouse gas (GHG) emissions of 48,400 tCOâ‚‚e and total revenues of USD 53,558 millions. This translates into an emissions intensity of 0.9 tCOâ‚‚e per millions USD.a
HP's Scope 1 Emissions Intensity Compared to Peers
How does HP's GHG emissions intensity compare to its peers?
In 2024, HP reported a Scope 1 emissions intensity of 0.9 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.63, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does HP rank on GHG emissions intensity within its industry?
In 2024, HP ranked 15 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
HP is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into HP's Total Carbon Footprint
In 2024, HP reported a total carbon footprint of 17,864,100 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.13% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to HP's total carbon footprint was Scope 3 emissions, accounting for 98.69% of the company's total carbon footprint, followed by Scope 2 emissions at 1.04%.a