HP Inc
Carbon footprint
Primary Climate Goal
HP Inc aims to achieve net zero for Scope 1 + 2 by 2030
Secondary Climate Goal
HP Inc aims to reduce all Scopes by 50% by 2030 from a base year 2019
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 (
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.