Contents Sustainable Impact Footprint Integrity and human rights Supply chain responsibility Operations Products and solutions Appendix Governance Stakeholder engagement We integrate Sustainable Impact at all levels of of our board have experience in environmental We gain valuable insight through regular Examples of stakeholder engagement in 2021: the company. and social responsibility-related issues and engagement with a range of stakeholders, topics, which we believe strengthens the board’s including employees, investors, suppliers, • Decarbonization: We engage in initiatives Our executive leadership team, led by our CEO, oversight of HP’s policies and programs relating customers, peer companies, public policymakers, focused on increasing support for clean energy retains overall responsibility for Sustainable to these issues and reinforces HP’s commitment industry bodies, nongovernmental organizations and combating climate change, including Impact as part of our business strategy. All to sustainability and social responsibility. (NGOs), sector experts, and others. These RE100, CDP Supply Chain, WWF’s Climate members of the executive leadership team interactions build our collective intelligence, help Business Network, Business Ambition for oversee Sustainable Impact targets relevant to The performance and compensation of our Chief us prioritize critical issues, and provide insights 1.5°C, and Ceres. See Footprint, Supply chain their organizations, and are evaluated annually Impact Officer, our Chief Sustainability Officer, into emerging opportunities and risks. responsibility: Environmental impact, Our against objectives related to Sustainable Impact, and our Chief Diversity Officer are related to facilities, and Circular and net zero carbon including climate change and diversity, equity, and the management of HP Sustainable Impact and Our environmental, social, and governance economy: Energy efficiency. inclusion. Performance against these and other the achievement of related targets and metrics, (ESG) materiality assessment process is deeply • Circular economy: We are working with business objectives is tied to total compensation. both public and internal. Several other HP VPs, informed by stakeholder engagement. In 2021, partner organizations and suppliers to gain the directors, and managers have a component of interviews with a wide range of internal and most value from materials and to keep them The HP Board of Directors’ Nominating, total compensation (salary and bonus) based on external stakeholders and the results of an Governance and Social Responsibility (NGSR) responsibility for, and effective implementation external survey contributed to the analysis. in use, contributing to a circular economy. For Committee oversees the company’s policies and of, corporate initiatives to address climate action, Learn more. example, with the Ellen MacArthur Foundation programs relating to global citizenship and the human rights, and digital equity. Beginning in 2021, Circular Economy 100, we are driving progress impact of HP’s operations; provides guidance every HP employee is encouraged and supported Individual functions across the company drive toward a more circular materials- and energy- and recommendations to the board on legal, to set a Sustainable Impact goal as part of our decentralized approach, engaging in ways efficient future. We engage through the HP regulatory, and compliance matters relating to their individual annual goal-setting process. that are most relevant to their objectives Sustainable Forests Collaborative to protect, political, environmental, global citizenship, and Learn more. and operations. These include partnerships, restore, and improve responsible management public policy trends; and reviews the annual sponsorships, collaboration on industry of forests, and work with WWF’s Forests Sustainable Impact Report. The Committee The Sustainable Impact Steering Committee, initiatives, customer and supplier education, Forward, the Forest Stewardship Council®, receives regular updates on Sustainable Impact composed of representatives from across HP’s supplier capability-building programs, and our suppliers to ensure the fiber we use is strategy, metrics, results, and key risks and business units and global functions, provides supplier audits and assessments, conference responsibly sourced. See Renewable materials. opportunities. The NGSR Committee provides additional oversight and helps manage progress participation, employee surveys, mentoring, • Human rights—supply chain: We engage in guidance, and in some cases approval, on against our goals. and more. Appropriate stakeholders are multi-stakeholder collaborations, including the strategic priorities and investments. As disclosed identified based on factors such as expertise, Responsible Business Alliance, Leadership in our 2022 proxy statement, several members willingness to collaborate, reputation, location, Group for Responsible Recruitment, and Global sphere of influence, and ability to scale and Business Initiative for Business and Human accelerate progress. Rights, to drive progress and elevate supply 11 2021 HP Sustainable Impact Report www.hp.com/sustainableimpact