HP Commits to Zero Deforestation by 2020

Today, HP Inc. (NYSE: HPQ) announced a commitment to achieve zero deforestation by 2020. All HP brand paper and paper-based product packaging 1will be derived from certified and recycled sources by 2020, with a preference for virgin fiber from certified sources of the Forest Stewardship Council (FSC). This pledge is one of several 2016 goals outlined in the company’s latest Sustainability Report released today. See the full report at www.hp.com/sustainability.

HP’s new goal reinforces its leadership position among global companies. According to Forest500 2, only 8 percent of companies have an overarching zero or zero-net deforestation commitment. This goal highlights HP’s ongoing efforts to help customers make responsible printing and purchasing decisions that lower the environmental impact of their operations. This zero deforestation pledge also reflects the breadth of actions the company is taking to address the effects of climate change.

“Climate change is the most challenging environmental issue of our lifetime,” said Nate Hurst, HP’s Chief Sustainability & Social Impact Officer. “HP is committed to being an environmental steward; therefore, we continue to measure and reduce the impact of our products, operations and supply chain activities.”

HP is well on its way toward achieving this goal. In 2015, HP achieved the public forestry goal of 50 percent FSC-certified fiber in HP brand paper products. Moving forward, HP will work with World Wildlife Fund’s (WWF) Global Forest & Trade Network-North America (GFTN-NA) to reduce fiber sourcing risks for products and packaging, source more environmentally responsible paper and packaging products, and engage suppliers as partners in this journey.

“HP’s efforts to lead the way on eliminating deforestation from its paper products and packaging are commendable,” said Linda Walker, Director of Responsible Forestry & Trade at WWF-US. “This is a leadership-level goal within HP’s broader sustainability commitments.”

The announcement coincides with the release of the HP 2015 Sustainability Report, which outlines progress made in 2015 and goals set for 2016. The zero deforestation goal is one of three new goals included in the report. The others are:
•HP has pledged to achieve 100 percent renewable electricity within global operations with an interim goal of achieving 40 percent worldwide by 2020.
•HP has committed to reduce the GHG emissions intensity of its product portfolio by 25 percent by 2020 3. HP was the first company in the IT industry to set GHG emission reduction goals across its operations, supply chain and products.

The report also covers a broad range of sustainability performance and initiatives across three pillars of environment, society and integrity. Notable 2015 achievements include:
•Met two GHG emissions reduction goals for our global operations and supply chain five years early.
•Engaged 78,000 supplier factory workers to promote wellness and enhance their skills, empowering them to become leaders in their communities.
http://www.twosides.info/UK/HP-Commits-to-Zero-Deforestation-by-2020

Related Posts

Amazon called out to provide better transparency of its environmental impact (digitalcommerce360.com)

Amazon.com Inc., Exxon Mobil Corp. and Volvo are among more than 700 companies being targeted in a campaign backed by a large group of investors advocating for greater transparency when it comes to environmental impact. HSBC Global Asset Management, Investec Asset Management and close to 85 other investors representing a combined $10 trillion in assets are asking companies to comply with the reporting process managed by the Carbon Disclosure Project, a British nonprofit research group that solicits and scores corporate environmental disclosures. Investors and interested observers need “consistent, comparable information collected in one place so that they can benchmark performance and use the data to inform their decisions,” said Emily Kreps, global director of investor initiatives at CDP. HSBC and Investec didn’t immediately respond to a request for comment. The effort targets companies the group says have failed to disclose such information for years at a time. Click Read More below for additional information.

Two Sides New Infographic Celebrates Earth Day by Busting Myths About How Paper is Made

Designed to bust myths about paper production, and about other forest products, the new infographic reveals that in North America less than 36% of the annual timber harvest is directly used for paper and paperboard. In fact, most trees are harvested to make lumber and other solid wood products essential for construction, such as building homes and furniture. The infographic spotlights other key facts about paper, recycling, and other forest products, including: •Every year, North America grows many more trees than are harvested. •Paper is one of the most recycled products in the world with recovery rates of 65% and higher in North America. •About 35% of our paper products use recovered fiber as a raw material. Other key raw materials are sawmill residuals leftover from lumber manufacturing. •Forest products, such as paper, are based on a highly renewable and natural raw material – wood from sustainably managed North American forests.

Canada’s Forestry Sector Supports Federal Move Toward Net-Zero Emmissions by 2050

Below is a statement from FPAC President and CEO, Derek Nighbor: “Canada’s forest sector is positioned to be one of the leaders in our move to a low-carbon economy. We have already reduced GHG emissions by over 66% since the early 1990’s and were the first major industry group in the country to put forward a plan to help achieve the federal government’s Paris Agreement targets. Canada has an advantage that is the envy of most countries on the planet. Our forests and the sustainably sourced products they provide will be among the most powerful tools in Canada’s toolbox. Our managed forests and the wood products from them already constitute a carbon sink in Canada, and we can continue to reduce emissions and store more carbon for longer in the coming years. Forests are complex ecosystems and they need to be monitored and taken care of – even more so in a dynamic and changing environment."
Back To Top
×Close search
Search