At HP, we embrace the principles of the circular economy by prioritizing sustainable material choices, circular design, and the repair, recovery, and reuse of our products. From the design stage to the product’s final usable life, this approach reduces the need for new resources and ensures that our products remain in circulation longer, all in support of our goals.

Five principles guide HP’s approach and drive progress toward a circular economy:

• Design Circular Products and Services—Designing for circularity ensures that our products are durable, repairable, reusable, and recyclable
• Use Recycled and Renewable Materials—We prioritize materials that have the biggest impacts to ensure that we’re focusing on the right areas, increasing recycled and renewable content where possible
• Manufacture Responsibly—We hold ourselves and our suppliers to well-defined responsible manufacturing standards
• Repair, Refurbish, Reuse—We offer a range of services focused on repairing, recovering, reusing, and recycling our products to extend their lifespan and reduce their end-of-life impacts
• 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 2024, our progress toward meeting this goal reached 43%²
• Use 30% postconsumer recycled content plastic across HP’s personal systems and print product portfolio by 2025³—During 2024, we used 26%, a total of 48,840 tonnes of postconsumer recycled content plastic
• Eliminate 75% of single-use plastic packaging by 2025, compared to 2018⁴—So far, we achieved a 67% reduction, from an average of 221 grams/unit in 2018 to 72 grams/ unit in 2024.

Learn more about how we define and track our circularity efforts in the HP Circularity Accounting Manual at https://h20195.www2.hp.com/v2/GetDocument.aspx?docname=c08138412.

For more information, see the Empower Customer Sustainability section of the 2024 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. 2024 data do 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 brand-licensed 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.