Contents Sustainable Impact Footprint Integrity and human rights Supply chain responsibility Operations Products and solutions Appendix calendar year 2022, up ten-fold from 2020. We To advance progress deeper in our supply chain, Environmental impact achieved 4.5% in 2021. we have added a clause in new and renewed contracts for suppliers that provide services to In 2021, HP announced an expanded early HP in the United States, setting the expectation Our production and nonproduction suppliers suppliers, to disclose key qualitative and payment program in partnership with C2FO, that they should spend a minimum of 10% of any are essential partners as we work to drive net quantitative information about environmental which provides broad access to funding for the work subcontracted and/or purchased on behalf zero carbon and improved resource efficiency management and impacts through HP’s company’s diverse suppliers. Studies from the of HP with diverse businesses. To strengthen the throughout the value chain. For more than a CDP Supply Chain membership. Requested Federal Reserve and others have found that program’s racial equality focus, top suppliers decade, we have worked closely with our suppliers information includes GHG emissions and goals, diverse businesses face greater difficulty in subcontracting work in the United States must to improve their environmental programs and total and renewable energy use, water withdrawal, accessing credit, creating short-term cash flow spend at least 5% with certified Black/African report progress transparently. Our Supplier climate and water risks, and governance. challenges. We are working to bridge this gap American businesses. In 2021, our allocatable Responsibility Scorecards are central to our by offering inexpensive access to capital for indirect spend2 efforts to set expectations, evaluate performance, We periodically raise our expectations relating with diverse suppliers through this to supplier environmental management criteria, diverse partners that have been denied equal program was more than US$350 million. and drive ongoing improvement. access historically. such as science-based GHG emissions-reduction Supporting diversity in the We request 98% of our production suppliers, targets, third-party verification of GHG emissions, by spend, as well as strategic nonproduction publication of a GRI-based sustainability report, Supplier expectations financial sector HP’s Bank Model—the tool by which HP ranks and We ask that our suppliers partner with HP by prioritizes potential bank partners—incorporates prioritizing diversity, equity, and inclusion within an annual diversity survey that looks at bank HP CUSTOMER SUPPORT SUPPLIER PLEDGE their own operations. To improve the diversity of diversity overall as well as the diversity of teams HP is continually expanding the scope of our • Setting science-based GHG emissions reduction our suppliers’ workforces, we require top service that service HP. supply chain responsibility program, integrating targets, including at least a 50% reduction in suppliers in the United States with account teams it deeper and more broadly throughout our supplier absolute Scope 1 and 2 emissions by 2030 of 10 or more to implement diversity initiatives to In 2021, HP issued its inaugural Sustainability base. In 2021, we launched the Customer Support recruit, attract, and hire diverse employees, with Bond by partnering with Black/African American-, • Training employees on the HP RBA Supplier a goal that at least 10% of HP supplier account Latino-, women-, veteran-, and disabled veteran- (CS) Supplier Pledge to boost sustainability Code of Conduct team members be Black/African American by the owned banks, which have received approximately standards among the nearly 700 suppliers that HP CS engages with. The Pledge also sets additional supplier end of calendar year 2022. We also have targeted 5% of total underwriting fees. We engaged a expectations, such as: programs in the United States with marketing and Black/African American- and women-owned firm Developed to support progress toward our legal suppliers and partners. to execute the more than 10% of share 2030 climate and circular economy goals, the • Applying circular economy principles throughout repurchases carried out during 2021, and have Pledge includes several existing components their business, including by using programs such as continued working with a minority-owned firm as of our supplier program: HP Planet Partners and HP Device Recovery Service one of a small group of commercial paper • Submitting environmental transparency reporting • Developing and sharing ambitions that align with (short-term borrowing) dealers. to CDP Climate Change annually HP’s diversity, equity, and inclusion goals We aim to enrol our 50 largest CS-related suppliers. 35 2021 HP Sustainable Impact Report www.hp.com/sustainableimpact