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Living Progress strategy
We are driving human, economic and environmental progress
Citizenship has been one of our seven corporate objectives since 1957, and we’re proud of our legacy as a global citizen. But aligning citizenship activities with our business is not enough. The two must become one.
In 2013, we took a major step in this direction by adopting HP Living Progress as our framework for thinking about how we do business. Our goal is to create a better future for everyone through our actions and innovations.
Living Progress drives what we do and how we do it, creating a vibrant and sustainable business model by tackling some of the world’s biggest problems. This wholly integrated approach to business means that we consider human, economic, and environmental impact as we develop products, services, and solutions, manage our operations, and interact with customers, partners, and communities.
When we balance all three, we create true Living Progress. For examples of how we achieve this across our business and supply chain, see our 2013 Living Progress Report.
Creating value for our business and society
Over the last 40 years, information technology (IT) has redefined our world. Driven by trends in mobility, cloud, security, and big data, IT is changing business processes, personal productivity, and much of the way we live, work, and connect. It also has the potential to advance societies globally.
Living Progress unites the power of our people and technology in innovative new ways to meet society’s emerging social, commercial, and environmental needs. It creates value for our business by contributing to sales growth, promoting cost savings, and enhancing our reputation.
Focusing on the citizenship issues most relevant to our business enables us to better drive human, economic, and environmental progress.
In 2012, we commissioned a wide-ranging materiality assessment from BSR and GlobeScan. Key findings included opportunities to improve product energy efficiency and expand people’s access to technology, and the importance of continuing to manage our operations responsibly and pursue labor improvements in our supply chain.
In 2013, we took a fresh look at our materiality assessment through the lens of Living Progress (see graphic below). The results will help shape our global citizenship strategy and reporting moving forward.
For our full materiality matrix, please see our 2013 Living Progress Report.
operations and supply chain
The issues in the boxes shaded in white meet the materiality threshold for the HP 2013 Living Progress Report. Although those issues are the main focus of the report, we also include information about several of the other issues in gray.
Global citizenship governance
Our global citizenship performance depends on effective leadership, sound governance, and active participation from everyone in the company. In 2013, we created the role of vice president and chief progress officer to ensure that our Living Progress initiatives are reflected throughout our products and services, our business practices, our relationships with our employees and supply chain, our advocacy efforts, and our corporate philanthropy.
In addition, the HP Board of Directors’ Nominating and Governance Committee expanded its oversight of global citizenship efforts, and changed its name to the Nominating, Governance and Social Responsibility Committee.
Our Executive Council retains overall responsibility for global citizenship as part of our business strategy.
Our Global Citizenship Council ensures company-wide commitment to and alignment with our global citizenship objectives, and advances Living Progress across our business. Made up of executives and subject matter experts, the committee seeks input from across our business as well as external stakeholders.
We also maintain separate councils dedicated to areas such as Living Progress strategy, environment, supply chain responsibility, corporate ethics, and privacy. Leaders with relevant expertise from our business units, regions, and functions evaluate progress in each area and set performance goals.
For complete information on our approach to global citizenship, please download our 2013 Living Progress Report.