HP reduced its greenhouse gas emissions by four per cent in fiscal 2008
HP publishes annual Global Citizenship report
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07 Apr 2009, Dave Neal , V3
HP has published its latest Annual Global Citizenship Report, patting itself on the back for its ethics, compliance, human rights and social investment practices.
The firm said that it made industry firsts in fiscal 2008 in the areas of supply chain transparency and environmental sustainability, claiming to be the "first IT company to release the greenhouse gas emissions associated with its products manufacturing by publishing the emissions attributed to its first tier suppliers".
Other highlights from the year include qualifying for the US Environmental Protection Agency's SmartWay logo, a labelling convention that aims to reduce fuel consumption, greenhouse gas and other air emissions.
HP also launched a new printer constructed almost entirely from recycled materials, and won an award for replacing a PC's cardboard and plastic packaging with a reusable bag made from 100 per cent recycled materials. The company also reduced its greenhouse gas emissions by four per cent over the period.
"HP's commitment to global citizenship is based on the premise that keeping our business goals and values aligned drives innovation and growth," said Gary Elliott, vice president of global citizenship at HP.
"Our leadership in areas such as supply chain transparency and environmental sustainability demonstrates our commitment to hold ourselves to higher standards of integrity, contribution and accountability."
The company also announced that it had "recovered for reuse" some 3.5 million hardware units, and had increased the amount of its own recycling to 120,000 metric tonnes over the course of the year.
© Incisive Media Investments Limited 2010, Published by Incisive Financial Publishing Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, are companies registered in England and Wales with company registration numbers 04252091 & 04252093
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HP Good to the Bone
I recently spoke at the HP Dscoop digital solution conference in Orlando on the subject of Green PR and sustainability. This is a company that gets it. They truly are good to the bone.
Posted by John Pilmer, 07 Apr 2009
Ethical to cut 25,000 employees?
Ethical to cut 25,000 employees? How about cutting the pay by %15 of the exsisting EDS'ers after reporting a profit the first quarter? Palo Alto, CA, Feb 18, 2009 (WORLD STOCK WIRE via COMTEX) -- HPQ | Quote | Chart | News | PowerRating -- Hewlett Packard (NYSE:HPQ) today announced financial results for its first fiscal quarter ended January 31, 2009, with net revenue of $28.8 billion, up 1% from a year earlier and up 4% when adjusted for the effects of currency.
How about not matching 401K contributions? Slashing health benefits? How about Hurd, CEO of H-P and EDS,received the largest bonus in 2008?.
The New York Times story notes that Hurd received the largest cash bonus of any CEO in its survey:
Most of Mr. Hurd's total compensation came from his $23.9 million cash bonus -- the largest of anyone in the Equilar survey. Last year, Hewlett-Packard reported a 13 percent uptick in revenue on a 15 percent gain in earnings. Shareholder returns, however, fell 25 percent.
H-P recently instituted company-wide paycuts, while the EDS division is undergoing about 25,000 job cuts and a temporary 10 percent pay cut in April for EDS workers in the U.S. on top of the H-P-wide permanent pay
Posted by HP Hardly Paid, 07 Apr 2009