trending Market Intelligence /marketintelligence/en/news-insights/trending/QFy0YXFdCtjHWF3ckNGuKg2 content esgSubNav
In This List

HP commits to 100% renewable energy use in global operations

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Activity Volumes Across the Equity Capital Markets Dropped Significantly in 2022

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet

Case Study

A Large Energy Company Manages its Exposure with Robust Tools to Assess Creditworthiness and Set Credit Limits


HP commits to 100% renewable energy use in global operations

HP Inc.is joining RE100 as part of its pledge to achieve 100% renewable electricityusage in its global operations.

RE100, a global initiative of top businesses that arecommitted to the same goal, works with companies to help them transition torenewable energy sources and accelerate transformation of the global energymarket to a low carbon economy.

"As we continue to reinvent a more sustainable businessand society, both cost-effective and low carbon sources of energy are essentialto the future and the growth of HP's business," Nate Hurst, HP chiefsustainability and social impact officer, said in a March 30 statement.

The company plans to achieve the goal through a three-phasestrategy that involves optimizing operations/building efficiency andimplementing new efficiency projects; increasing use of on-site renewablepower; and acquiring or generating off-site renewable power to offset "brownpower emissions." HP hopes to achieve the 40% renewable energy goal by2020.