HP Inc

Technology Hardware, Storage & Peripherals

HPQ

$ 28 0.53

Share price

$ 28 bn

Market Cap

$ 38 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.11x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Stronger than the -6.7% weighted average for S&P 500

FY2022

HP Inc aims to achieve net zero for Scope 1 + 2 by 2030

This target has not been verified as science based according to SBTi

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Weaker than the -6.9% weighted average for S&P 500

FY2022

HP Inc aims to reduce all Scopes by 50% by 2030 from a base year 2019

1.5°C

GHG emissions and Carbon intensity

HP Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2021 at 160 Kt (-12 /-6.7% y-o-y). Also positively, carbon intensity fell to 2.5 t (-0.5 /-16.7% y-o-y).

HP Inc's Scope 3 emissions declined to 28,300 Kt (-720 /-2.5% y-o-y). The rate of decline has slowed vs. the previous periods (CAGR -10.7% since 3Q'18).

The company is committed to achieving net zero for Scope 1 + 2 by 2030, which translates into the estimated reduction of -18 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to reducing all Scopes by 50% by 2030 from a base year 2019, which translates into the estimated reduction of -1,419 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q3	160	49	111	28,300	63,487	2.5
2020Q3	171	51	120	29,020	56,639	3
2019Q3	216	62	154	31,170	58,756	3.7
2018Q3	230	66	164	44,470
2017Q3	249	66	183	40,770
2016Q3	328	61	268	35,860
2015Q3	389	67	322	36,250