Brief Description of Company:

HP focuses on simplifying technology experiences for all of its customers – from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world’s largest IT companies, with revenue totaling $91.7 billion for the four fiscal quarters ended Oct. 31, 2006. More information about HP (NYSE: HPQ) is available at www.hp.com. [1]  

HP is one of the first companies to commit to the World Economic Forum’s Global Greenhouse Gas Registry and participates in the following climate change and renewable energy partnerships: Sustainable Silicon Valley (SSV), Climate RESOLVE, Pew Center on Global Climate Change, California Climate Action Registry Board of Directors, the PFC Reduction Climate Partnership and the U.S. EPA’s Fortune 500 Green Power Challenge.


Targets:

    Reduce HP's on-site greenhouse gas (GHG) emissions by 18% from 2005
          levels  by 2006.
          Progress: Through several process changes, HP reduced site emissions by
          31%.

• Reduce perfluorocarbon (PFC) emissions by 10 percent from 1990 levels by 2005.
  Progress: In 2006, HP decreased its PFC emissions by 59% from 2005, to 34% below the 1995 level.
  
  
• Conduct energy audits at 53 of our largest facilities and implement measurable energy efficiency projects at each facility by 2006.
  Progress: Eight planned audits were cancelled due to consolidation plans. We completed the remaining 45 audits, which resulted in projects saving approximately 27 million kWh/year ($1.9 million).
  
  
• Increase purchases of renewable energy in the United States to 50 million kWh/year from the 2006 level of 11 million kWh by 2007.
  
  
• Reduce energy use and carbon dioxide emissions from HP-owned and HP-leased facilities worldwide to 15% below 2006 levels by 2010.
  

BELC Company Targets [2]


CEO:

Mark Hurd