AIRLINK 197.85 Decreased By ▼ -0.12 (-0.06%)
BOP 9.94 Decreased By ▼ -0.10 (-1%)
CNERGY 7.26 Decreased By ▼ -0.03 (-0.41%)
FCCL 36.80 Increased By ▲ 0.80 (2.22%)
FFL 16.75 Decreased By ▼ -0.16 (-0.95%)
FLYNG 26.50 Increased By ▲ 1.46 (5.83%)
HUBC 135.10 Increased By ▲ 1.07 (0.8%)
HUMNL 14.04 Decreased By ▼ -0.10 (-0.71%)
KEL 4.75 Decreased By ▼ -0.03 (-0.63%)
KOSM 6.82 Decreased By ▼ -0.12 (-1.73%)
MLCF 45.61 Increased By ▲ 0.63 (1.4%)
OGDC 216.90 Decreased By ▼ -1.33 (-0.61%)
PACE 6.95 Increased By ▲ 0.01 (0.14%)
PAEL 40.86 Decreased By ▼ -0.56 (-1.35%)
PIAHCLA 17.03 Increased By ▲ 0.17 (1.01%)
PIBTL 8.40 Decreased By ▼ -0.06 (-0.71%)
POWER 9.34 Decreased By ▼ -0.05 (-0.53%)
PPL 184.50 Decreased By ▼ -1.43 (-0.77%)
PRL 41.29 Increased By ▲ 0.02 (0.05%)
PTC 24.89 Increased By ▲ 0.12 (0.48%)
SEARL 103.90 Decreased By ▼ -0.75 (-0.72%)
SILK 1.02 Increased By ▲ 0.01 (0.99%)
SSGC 40.60 Decreased By ▼ -0.31 (-0.76%)
SYM 17.84 Decreased By ▼ -0.21 (-1.16%)
TELE 8.74 Decreased By ▼ -0.17 (-1.91%)
TPLP 12.61 Decreased By ▼ -0.23 (-1.79%)
TRG 66.31 Decreased By ▼ -0.29 (-0.44%)
WAVESAPP 11.30 No Change ▼ 0.00 (0%)
WTL 1.75 Decreased By ▼ -0.03 (-1.69%)
YOUW 4.00 No Change ▼ 0.00 (0%)
BR100 12,098 Decreased By -10.9 (-0.09%)
BR30 36,576 Decreased By -22.1 (-0.06%)
KSE100 114,695 Decreased By -347.5 (-0.3%)
KSE30 36,077 Decreased By -122.3 (-0.34%)
Technology

HP commits to reducing its emissions by half this decade

  • HP has pledged to reduce its greenhouse gas emissions by half during this decade.
  • The company hopes to reach net zero emissions by 2040 and push its suppliers towards more environment-friendly practices as well.
Published April 20, 2021
Source: Reuters
Source: Reuters

With climate change emerging as a major threat all over the globe, HP has pledged to reduce its greenhouse gas emissions by half during this decade.

The the American information technology multinational hopes to reach net zero emissions by 2040, which essentially means that HP will not be releasing more pollution that it can draw down from the atmosphere.

In addition to this, indirect emissions constitute the biggest share of HP's overall carbon footprint. According to reports by The Verge, the company's overall carbon footprint has also increased by 5 percent in 2019 as compared to the year before.

Other tech giants like Apple and Dell have also made similar commitments to combating climate change. Apple plans on reaching net zero emissions by 2030, while Dell plans to achieve net zero greenhouse gas emissions by 2050.

While HP's plans are more ambitious than Dell's, both companies hope to reduce pollution and electricity use from their supply chain and production processes.

With the aim of fighting climate change, HP also plans on employing electric vehicles and alternative fuels in its distribution and shipping processes. The company is also determined to push its suppliers towards more environment-friendly practices.

According to reports, the company also plans on ensuring that 75 percent of its total annual product and packaging content uses recycled, reused or renewable materials.

Comments

Comments are closed.