HP driving for a circular economy

HP has released its 2018 Sustainable Impact Report, which includes an industry-leading goal to increase recycled content plastics to 30 per cent by 2025.

“We have invested in our portfolio so that recycled plastic becomes a part of our durable, premium products” said George Brasher, MD for HP UK and Ireland. “Our business priority is to drive a more efficient, circular and low carbon economy and our advancements such as 3D printing are further helping to drive down emissions in the manufacturing supply chain - making life better for everyone, everywhere.”

As part of its commitment, HP will invest in and scale its impact sourcing initiative to prevent post-consumer plastic from entering our waterways and oceans. HP has already sourced approximately 300 tonnes of ocean-bound plastic materials, upcycling this material into HP cartridges and hardware. Together with its partners, including NextWave Plastics, HP is committed to scaling the use of ocean-bound plastics by developing the first global network of ocean-bound plastics supply chains.

Impact programmes drove more than $972m dollars of new revenue for HP in 2018, a 35 per cent year-over-year increase.

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