HP aims 40 percent renewable electricity mark by 2020

HP and Deepika Padukone
HP Inc plans to reach the 40 percent renewable electricity mark by 2020 in its global operations.

The long-term goal of HP is to achieve 100 percent renewable electricity usage in operations. HP is joining RE100, a global initiative of top businesses committed to 100 percent renewable electricity.

Nate Hurst, chief sustainability and social impact officer at HP, said: “As we continue to reinvent a more sustainable business and society, both cost-effective and low carbon sources of energy are essential to the future and the growth of HP’s business.”

HP aims to reduce energy consumption by optimizing operations / building efficiency and implementing new efficiency projects.

HP will increase the use of on-site renewable power.

HP will acquire or generate off-site renewable power to offset brown power emissions, including the use of renewable energy credits (RECs) and power purchase agreements (PPAs).

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