The Importance of Circular Economy in HP Sustainable Impact Strategy

The circular economy is an essential part of HP’s sustainable impact strategy. Through programs and initiatives such as design for circularity—which prioritizes modularity, reparability, and the use of recycled content and renewable materials—as well as the advancement of solutions (service-based solutions), progress is made toward the goal of reaching 75% of circularity by 2030. Innovative service solutions like HP’s Device as a Service and Managed Print Services are integral to the strategy for minimizing environmental impacts. They promote extended device life, optimize device usage, and simplify device retirement. For products that reach their end of life, HP provides take-back programs in 76 countries and territories worldwide through a global network of reuse and recycling vendors. In addition, effective recycling programs, as well as social impact solutions that create a more inclusive circular economy are critical to enable and expand that impact.