Hewlett Packard

Hewlett Packard (HP) has outlined ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its value chain by 2040.

For the reporting year 2025, HP reported a total of approximately 1.65 billion kg CO2e emissions. This figure comprises:

• Scope 1 emissions: Approximately 51.3 million kg CO2e.
• Scope 2 emissions (market-based): Approximately 69.3 million kg CO2e.
• Scope 3 emissions: Approximately 16.28 billion kg CO2e.

HP is committed to reducing its value chain greenhouse gas emissions by 50% by 2030, using 2019 as a baseline year. The company also has a long-term target to achieve net-zero emissions by 2040.

Previously, HP had set a target to reduce Scope 1 and Scope 2 GHG emissions from global operations by 65% by 2025, compared to a 2015 baseline. Several sources indicate progress towards these goals, with some targets being met or on track. For instance, HP's Scope 1 and Scope 2 emissions reductions are on track for both near-term and five-year goals, as well as its commitment to net-zero Scope 3 emissions by 2030. The Science Based Targets initiative (SBTi) has validated HP's targets for absolute reductions in Scopes 1, 2, and 3 emissions, aligning with a 1.5°C warming scenario. Specifically, HP commits to a 50% reduction in absolute Scope 1, 2, and 3 GHG emissions by FY2030 from a FY2019 base year. Furthermore, HP commits to a 90% reduction in absolute Scope 1, 2, and 3 GHG emissions by FY2040 from a FY2019 base year, alongside its overall net-zero commitment for the value chain by FY2040.