HP Inc. releases sustainable bonds
In June of 2021, HP announced the release of $1.0 billion in sustainable bonds. These bonds will be used to advance HP’s sustainability goals for both the environment and for people. Some of the goals the company has set out to reduce its impact on the environment include net zero greenhouse gas emissions for the company by 2040, carbon neutrality and no waste by 2035 and to counteract deforestation practices used in their printing services by 2030. HP’s goals for a more diverse, equitable and inclusive technology industry by 2030 include: greater than 30.0% technical women and women engineering, to meet or exceed racial/ethnic minorities in the workplace and to reach one million workers in their company worker empowerment programs.
ESG|M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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