In the race to deliver the next billion-dollar idea, it’s easy for companies to lose sight of what’s truly important. Achieving business success is table stakes. Fortune 500 players should also be willing to stand up, give back and make life better for everyone, everywhere.
That’s why HP makes sustainability a core tenet of its business. It drives progress toward our business priorities—from designing and delivering our core products and services, to developing new business models and solutions that generate growth.
This week, Hewlett Packard was recognized as a world leader for corporate action on climate change by CDP, which placed the company on its “Climate A List” for the third year running. As the CDP reporting period is based on data prior to the separation of Hewlett Packard Co. into two publicly traded companies last year, both HP Inc. and Hewlett Packard Enterprise share this honor.
“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 recognized 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 organization that promotes sustainable economies, recognizes 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. And 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 capitalizing on the opportunities this affords.
In addition to the CDP award, HP was recently listed on the Dow Jones Sustainability 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.
To learn more about HP’s ongoing work on sustainability, read its 2015 Sustainability Report and follow @HPSustainable.