HP targets net-zero value chain by 2040
HP has confirmed it will transform parts of its business from a transactional model to a services-based proposition, as part of a sweeping new climate strategy that will see the business s value chain reach net-zero by 2040 and embrace closed-loop materials.
HP notes that focusing on the circular economy will assist with the net-zero ambition
The technology giant has unveiled a new long-term sustainability strategy, detailing ambitions to reach net-zero, utilise closed-loop materials while creating zero waste and enshrining and restoring carbon-sequestering natural habitats.
Under the new targets, HP will aim to achieve net-zero emissions across the value chain by 2040, with its supplies business reaching the goal by 2030. This will be spearheaded by a new carbon-reduction goal of reducing value chain greenhouse gas emissions by 50% by 2030 compared to 2019 levels.
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