Sustainable Impact is at the heart of HP’s business strategy. Our vision is to be the world’s most sustainable and just technology company, and in 2021 we announced our most comprehensive and ambitious Sustainable Impact agenda yet.

We are driving progress toward a circular economy, keeping materials in use longer, transforming them for a second life, and preventing them from becoming waste. By doing so, we can reduce HP’s footprint, as well as that of our customers.

To advance our progress, we:

• Design circular products and services—To begin with, we design our products to be more energy efficient, durable, and easily repaired so they can stay in use for as long as possible
• Use recycled and renewable materials—We incorporate increasing amounts of recycled, renewable, and non-virgin raw materials, such as ocean-bound plastic, into our products
• Manufacture responsibly—We review the materials used in HP products to evaluate potential impacts on human health or the environment. This approach also improves product circularity by supporting reusability and recyclability
• Repair, refurbish, reuse—Our innovative, service-based solutions reduce environmental impacts through extended life, value retention, and convenient take-back. HP’s repair, refurbishment, and recycling services help to recover products, components, and materials for the next generation of products
• Recycle—We recycle products and components to establish a circular loop

Our ambitious goals help us track our progress. Currently, we aim to:

• Reach 75% circularity for products and packaging by 2030¹. In 2023, our progress toward meeting this goal reached 40%²
• Use 30% postconsumer recycled content plastic across HP’s personal systems and print product portfolio by 2025³. During 2023, we used 18%, a total of 34,400 tonnes of postconsumer recycled content plastic
• Eliminate 75% of single-use plastic packaging by 2025, compared to 2018⁴. So far, we achieved a 64% reduction, from an average of 221 grams/unit in 2018 to 85 grams/ unit in 2023

The HP Circularity accounting manual, providing additional details on the calculation methodology for the Circularity metric of HP Inc. is available at https://h20195.www2.hp.com/v2/GetDocument.aspx?docname=c08138412.

For more information, see the Climate Action section of the 2023 HP Sustainable Impact Report: www.hp.com/go/report.

¹ Percentage of HP’s total annual product and packaging content, by weight, that will come from recycled and renewable materials and reused products and parts by 2030

² Percentage of HP’s total annual product and packaging content, by weight, that comes from recycled and renewable materials and reused products and parts. 2023 data does not include the following products or packaging for these products: some personal systems accessories and print accessories sold separately

³ Recycled content plastic as a percentage of total plastic used in all HP personal systems, printer hardware, and print cartridges shipped during the reporting year. Total volume excludes brandlicensed products and after-market hardware accessories. Total recycled content plastic includes postconsumer recycled plastic, closed-loop plastic, and ocean-bound plastics used in HP products. Personal systems plastic is defined by EPEAT eco label criteria. Subject to relevant restrictions on the use and distribution of materials destined for recycling and/or recycled feedstocks

⁴ Calculated as the percentage of primary plastic packaging (by weight) reduced per unit shipped. Excludes secondary and tertiary packaging components. Includes HP personal systems and printer hardware packaging. Does not include packaging for the following: Graphics Solutions hardware other than PageWide XL and DesignJet printers; 3D printing hardware; print supplies; refurbished products; and accessories such as third-party options, drop in box, and aftermarket options.