HP Inc. (NYSE: HPQ) today announced the expansion of its Planet Partners supplies return and recycling program to 68 countries, including Argentina, Chile, and Papua New Guinea. Expanding HP’s OEM printing supplies recycling program into new markets furthers the company’s long-standing commitment to driving a circular and low carbon economy with its partners and customers.

The HP Planet Partners program makes sustainable choices easier for HP customers, enabling them to take simple steps towards achieving their own goals to reduce waste. To date, the program has recycled over 875 million HP ink and toner cartridges.2 Buying and recycling Original HP ink and toner cartridges, customers and partners take action in HP’s closed loop process and contribute to the company’s efforts to create a sustainable future for printing that is forest positive, carbon neutral and supports a circular economy.​

“Like many global challenges of this year, the climate crisis reveals how interconnected we are,” said Guillaume Gerardin, global head and general manager of print supplies for HP. “Our goal is to enable and mobilize our partners and customers to join us in driving meaningful change and a more circular economy. That’s why we are committed to developing best-in-class initiatives like our HP Planet Partners program to reduce waste going into landfills and the opening of a new washline in Haiti to help reduce ocean-bound plastic.”

“The HP Planet Partners program is the best-in-class OEM printing supplies recycling program1,” said Rebecca Schiffenhaus of Keypoint Intelligence. “HP is leading the way in helping keep plastic out of nature. The HP Planet Partners program continues to demonstrate sustainable impact by scaling across geographies, making it easy to return cartridges and including recycled content in new cartridges.”

To further this goal, the company has pledged to grow HP Amplify Impact – a first-of-its-kind program that will mobilize our channel ecosystem to help advance sustainability, build diverse and inclusive workforces, and unlock the full potential of communities – to include 50 percent of its Amplify partners by 2025.

Reducing Ocean-Bound Plastics

HP invested $2 million in a new plastic washing line in Haiti that produces clean, high-quality recycled plastic for use in HP premium products, including Original HP ink cartridges and the company’s most sustainable PC portfolio and also opens up new markets for the Haiti team. This investment into a self-reliant ocean-bound plastic supply chain continues HP’s longstanding commitment to diverting ocean-bound plastic and contributing to a lower-carbon, circular economy while providing income and education opportunities locally. As of today, the washing line is fully functioning, thanks to the local Haiti engineering team and HP partner, STG Group of Germany.

HP Planet Partners recycling process also relies in part on ocean-bound plastics sourced and recovered in Haiti. HP has been reducing ocean-bound plastic in Haiti since 2016, and these efforts have already diverted approximately 1.7 million pounds (771 metric tons) of plastic materials—or more than 60 million bottles— preventing this plastic from reaching waterways and oceans. Of that, more than 485,000 pounds (220 metric tons) have been diverted from oceans to be used in Original HP ink cartridges.

In October 2018, HP joined NextWave Plastics, the collaborative and open-source initiative convening leading technology and consumer-focused companies to develop the first global network of ocean-bound plastics supply chains. The coalition has set a goal of diverting a minimum of 25,000 tons of plastics – the equivalent of 1.2 billion single-use plastic water bottles – from entering the ocean by the end of 2025.  

“HP is working to set the industry standard for sustainability practices, and as a member of NextWave Plastics, is ensuring that the lessons they have learned are shared among other industry leaders to make an even greater impact,” says Dune Ives, CEO of Lonely Whale, the convening entity of NextWave. “HP’s creativity and commitment to their work in Haiti in the face of a global pandemic is making waves of positive change that simultaneously benefit local communities, the ocean and our future.”

As part of the company’s commitment to sustainable impact, HP has also teamed up with NGO Work to create more than 1,100 new income opportunities and provide new learning centers for children on site as their parents work on the recycling efforts. The learning centers are equipped with the latest technology, including laptops and printers using cartridges from locally collected plastics.

Participating is Easier than Ever

To learn more about HP Planet Partners, and how to participate, visit HP’s new, mobile-friendly supplies recycling website at www.hp.com/hprecycle. With improved customer navigation, the user-friendly design makes recycling possible from nearly anywhere, and allows fewer clicks to get customers where they want to go fast. HP’s new supplies recycling website will first be available in North America and parts of Europe, Middle East and Africa with expansion into APJ and LATAM by the end of the year.3 The expansion of the supplies recycling program in Chile and Argentina will roll out in early 2021.

About HP Inc.

HP Inc. (NYSE: HPQ) creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers and 3D printing solutions, we engineer experiences that amaze. More information about HP Inc. is available at www.hp.com.

MEDIA CONTACTS: Vanessa Forbes, HPVanessa.Forbes@hp.comhttp://press.ext.hp.com

 

©Copyright 2020 HP Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

1 Compared to majority of competing in-class OEM ink & laser printer supply recycling programs. Criteria: size, reach, recycled content use, upcycling & eco award/ranking. HP-commissioned Aug 2020 InfoTrends research report. Market share: IDC Q2’20 Hardcopy Peripheral Tracker. Program availability varies. See hp.com/go/recycle & keypointintelligence.com/HPPlanetPartners2 For further details, please see HP’s sustainable impact report: https://www8.hp.com/h20195/v2/GetPDF.aspx/c06601778.pdf3 Program availability varies. For details, see www.hp.com/recycle.

A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7afe9be2-f63f-42c8-a6f0-5451f3cd61d3

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/00511ec1-9a64-4032-a7af-f1aaed17a6fc

HP (NYSE:HPQ)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more HP Charts.
HP (NYSE:HPQ)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more HP Charts.