Hewlett Packard has been recognised as a world leader for corporate action on climate change by CDP, which placed both HP Inc. and Hewlett Packard Enterprise on its Climate A List for the third year running. HP makes sustainability a core tenet of its business. It drives progress toward its business priorities – from designing and delivering core products and services, to developing new business models and solutions that generate growth.
“To support the lives and livelihoods of current and future generations, businesses must take decisive action today to address climate change across the value chain,” said Nate Hurst, chief sustainability and social impact officer, HP. “We are proud to be recognised by CDP for our efforts and will continue to raise the bar for ourselves and others as we work to create a more sustainable business and society.”
CDP, the international not-for-profit organisation that promotes sustainable economies, recognises A List companies as those with top performance in incorporating climate-related risks and opportunities into core business strategies and actions and in reducing emissions and mitigating climate change in the past reporting year.
The A List is produced at the request of 827 investors with assets of US$100 trillion, representing more than a third of the world’s invested capital. Thousands of companies submit annual climate disclosures to CDP for independent assessment against its scoring methodology. However, only 9 percent of them made this most recent A List.
The Climate A List can be found in “Out of the starting blocks: Tracking progress on corporate climate action.” The new report establishes a baseline for corporate climate action. It reveals that global corporations have started the transition to a low-carbon economy and some are already capitalising on the opportunities this affords.
In addition to the CDP award, HP was recently listed on the Dow JonesSustainability Indices (DJSI) World Index for the fifth consecutive year, earning the highest industry score globally for Innovation Management, Digital Inclusion, Corporate Citizenship and Philanthropy as well as Talent Attraction and Retention. The DJSI World Index is considered a gold standard for corporate sustainability performance across financially-relevant Environmental, Social, and Governance (ESG) factors.