HP Inc. has released its 2024 Sustainable Impact Report, offering a comprehensive look at how one of the world's largest technology companies is embedding sustainability into every layer of its operations — from supply chains and product design to digital equity and emissions targets. The report demonstrates that HP is making measurable progress on its path to a net-zero, circular future, while setting a benchmark for responsible innovation across the broader technology industry.
Climate Action: Emissions Down, Targets Set
HP has committed to cutting its value chain (Scope 3) GHG emissions by 50% by 2030, measured against a 2019 baseline. By the end of 2024, the company had already achieved a 27% reduction across its entire value chain — a meaningful milestone, though the final stretch to 50% will require continued ambition, particularly as AI-driven hardware demand puts upward pressure on upstream manufacturing emissions.
HP's longer-term horizon is equally bold: the company has set a target of net-zero emissions across its full value chain by 2040 — a full decade ahead of the Paris Agreement-aligned 2050 standard. Its near-term targets have been validated by the Science Based Targets initiative (SBTi) under the 1.5°C pathway, placing HP among a select group of global tech companies with independently verified climate commitments. The company has also achieved 100% renewable electricity across its US operations, advancing its broader goal of 100% renewable electricity globally by 2035.
"We are transforming our value chain to embed sustainability and strengthen resilience across our global operations and supply chain. Together, these efforts are driving a cleaner, more circular future."— Enrique Lores, President & CEO, HP Inc.
Circularity in Action: From Ocean Plastics to Refurbished Devices
Since 2019, HP has used more than 4 billion pounds of reused, recycled, or renewable materials in its products and packaging. The company is targeting 75% circularity for products and packaging by 2030, currently tracking at 43% — indicating significant work remains, but with strong momentum behind it.
One of the most striking innovations in the report is HP's use of ocean-bound plastics, including discarded fishing nets repurposed into components for devices like the HP EliteBook 1040 G11. This approach not only diverts waste from marine ecosystems but creates a compelling supply chain story around responsible material sourcing. Alongside this, HP's IT Asset Disposition (ITAD) service ensures that more than 85% of collected devices are refurbished and reconditioned for reuse — actively combating the growing global e-waste crisis.
The HP HOPE programme (HP Organisation for Partnership and Equity) further advances this mission, delivering refurbished devices to more than 40,000 young people, bridging the digital divide while extending the useful life of technology.
Digital Equity: Reaching 65 Million People Worldwide
HP's sustainability agenda extends well beyond environmental metrics. Through its digital equity programmes, the company has reached 65 million people globally since 2021, promoting economic advancement, education, and access to technology for underserved communities. Central to this effort is a partnership with YMCA, through which HP has established more than 320 Digital Hubs across 14 countries, reaching over 700,000 people with digital skills training — including AI literacy and workforce readiness programmes.
This social dimension of HP's strategy reflects a growing industry understanding that true sustainability must encompass human rights, inclusion, and equitable access — not merely carbon targets and material efficiency. HP's approach demonstrates how large technology enterprises can leverage their global reach to create positive social change alongside environmental progress.