Blog | HP Newsroom

The 2014 United Nations Climate Summit’s Declaration on Forests estimates that forests support about 80 percent of the planet’s biodiversity, playing a vital role in safeguarding the climate by naturally sequestering carbon.

Yet, an average of 32 million acres of forest disappear each year.

“Climate change is the most challenging environmental issue of our lifetime,” said Nate Hurst, HP’s Chief Sustainability & Social Impact Officer. “The 2015 UN Climate Change Conference formally recognized the role forests play in combating climate change, as they are essential to absorbing carbon in the atmosphere and maintaining balance on Earth.”

Forest 500, a think tank committed to the preservation of tropical forests, found that only 8 percent of the top 250 companies in its rankings have made zero or net-zero deforestation commitments. With its pledge, HP  joins a small roster of companies that have made similar pledges in recent years. Making such a commitment is no easy task, though. HP’s goal was eight years in the making and is built on several notable benchmarks, including:

• In 2008, HP established the HP Environmentally Preferable Paper Policy, the first forestry policy published by an IT company.
• In 2014, HP met one of its goals, which was to have more than half its of branded paper worldwide to be certified by the Forest Stewardship Council and/or contain at least 30 percent postconsumer waste. Only 4 percent of world’s forests are FSC-certified.  The achievement was even completed a year earlier than expected
• In 2015, HP achieved its goal of 50 percent FSC-certified fiber in paper products.

To work toward its zero deforestation goal, HP will team up with World Wildlife Fund’s (WWF) Global Forest & Trade Network-North America (GFTN-NA) to reduce fiber sourcing risks for products and packaging, source more environmentally responsible paper and packaging products, and engage suppliers as partners in this journey.

"We’re always thinking of ways to reinvent, make new and innovative products and to regenerate resources for our products in order to sustain the environment,” Glazer said. “This is an attainable goal. We hope others follow our lead.”