HP Named 2024 North American Company of the Year

HP has been honored as the 2024 North American Company of the Year by Frost & Sullivan for its dedication to sustainability and circular economy practices in the electrical and electronics equipment industry. This recognition highlights HP's commitment to environmental responsibility and innovation.

HP's approach to sustainability involves strategic partnerships, a focus on the circular economy, and strong relationships within the electronics sector. The company's innovative products are designed with environmental performance in mind, incorporating recycled materials and responsible chemistry to enhance repairability, reusability, and recyclability.

One of HP's key initiatives is its Design for the Environment program, which emphasizes the use of recycled materials and sustainable practices. The company also offers services such as optimization, renewal, and maintenance to extend product lifespan and reduce environmental impact.

HP's IT Asset Disposition service ensures secure collection and data sanitization for commercial customers, enabling responsible repurposing or recycling of technology. The company also runs recycling programs for used equipment, including ink and toner cartridge recycling in 67 countries worldwide.

Through its HP Planet Partners program, HP focuses on repurposing and recycling end-of-life products, contributing to the recycling of billions of plastic bottles and millions of plastic hangers. The company assesses and improves the environmental impact of its products through lifecycle and carbon footprint assessments, sourcing recycled and renewable materials to eliminate single-use plastics.

HP's commitment to sustainability is further demonstrated through its recycling plants in the US and Germany, which recover materials from inkjet cartridges. Unrecyclable materials are used for waste-to-energy incineration, showcasing HP's dedication to responsible waste management.

HP's leadership in sustainability and circular economy practices, combined with its customer-centric approach and innovative solutions, have earned it the prestigious title of Frost & Sullivan's Company of the Year for 2024. HP's ongoing efforts to reduce electronic waste and emissions underscore its position as a frontrunner in the industry, driving forward sustainability and responsible practices.