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Corporate Social Responsibility
News
3.17.2006 ET
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CSR News from:
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Report Details HP's Social, Environmental Achievements in 2005
(CSRwire) PALO ALTO, Calif.--(BUSINESS WIRE)--March 17, 2006--HP
(NYSE:HPQ)(Nasdaq:HPQ) today officially unveiled its 2006 Global
Citizenship Report, which describes the company's global citizenship
activities worldwide and charts the company's progress, as well as
challenges, for the previous fiscal year.
The report outlines detailed updates on HP's three global citizenship
priority areas: reducing product environmental impacts, raising social and
environmental responsibility standards in the supply chain, and increasing
access to information technology.
Milestones achieved in these areas by HP in fiscal 2005 include:
Recycling 140 million pounds of computer hardware and print
cartridges -- nearly 17 percent more than in 2004 -- which
represents clear progress toward the company's goal of
recycling 1 billion pounds of materials by the end of 2007.
The completion of 85 audits against the company's supplier
code of conduct in China, Czech Republic, Hungary, Indonesia,
Korea, Malaysia, Mexico, the Philippines, Poland and Thailand,
exceeding HP's goal to audit 75 sites.
Increased access to information technology in more than 40
countries across six continents through HP's e-inclusion and
philanthropy and education initiatives.
"The 2006 Global Citizenship Report represents our company's worldwide
effort to report transparently on progress we have made against our global
citizenship objectives," said Diana Bell, senior vice president, Corporate
Affairs and Total Customer Experience & Quality, HP. "We take pride in our
progress and the efforts of our many committed employees, even as we
acknowledge the work that lies ahead."
Where appropriate, HP's Global Citizenship Report uses Global Reporting
Initiative (GRI) guidelines as a basis for reporting. The GRI is a
multi-stakeholder institution that publishes globally applicable
sustainability reporting guidelines.
The full 2006 Global Citizenship Report is available online at www.hp.com/go/report.
About HP
HP is a technology solutions provider to consumers, businesses and
institutions globally. The company's offerings span IT infrastructure,
global services, business and home computing, and imaging and printing.
For the four fiscal quarters ended Jan. 31, 2006, HP revenue totaled $87.9
billion. More information about HP is available at www.hp.com.
Note to editors: HP news releases are available via RSS feed at www.hp.com/hpinfo/rss.html.
This news release contains forward-looking statements that involve
risks and uncertainties, as well as assumptions that, if they ever
materialize or prove incorrect, could cause the results of HP and its
consolidated subsidiaries to differ materially from those expressed or
implied by such forward-looking statements and assumptions. All statements
other than statements of historical fact are statements that could be
deemed forward-looking statements, including the expected development,
performance or rankings of products or services; statements of expectation
or belief; and any statement of assumptions underlying any of the
foregoing. Risks, uncertainties and assumptions include the development,
performance and market acceptance of products and services and other risks
that are described from time to time in HP's Securities and Exchange
Commission reports, including but not limited to HP's Annual Report on
Form 10-K for the fiscal year ended Oct. 31, 2005 and other reports filed
after such report. HP assumes no obligation and does not intend to update
these forward-looking statements.
(C) 2006 Hewlett-Packard Development Company, L.P. The information
contained herein is subject to change without notice. The only warranties
for HP products and services are set forth in the express warranty
statements accompanying such products and services. Nothing herein should
be construed as constituting an additional warranty. HP shall not be
liable for technical or editorial errors or omissions contained herein.
Copyright Business Wire 2006
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