HP Empowers Customers to Print Responsibly With New Products, Expanded Recycling Options

Tue Apr 16, 2013 9:00am EDT

* Reuters is not responsible for the content in this press release.

  PALO ALTO, CA, Apr 16 (Marketwired) -- 
HP (NYSE: HPQ) today announced new products and expanded solutions that
enable printing customers to reduce their environmental impact while
benefitting from the quality and reliability of Original HP printing

    The new offerings include a complete line of sustainably sourced papers
and the addition of Office Depot as HP's newest retail recycling ally.

    An industry leader in the shift to more environmentally sustainable
printing, HP is leveraging key relationships with manufacturing, retail
and nongovernmental organization (NGO) partners to provide customers with
products and solutions designed with the environment in mind -- from
design and manufacturing to use and recycling.

    "Our customers want printing solutions that offer quality and
reliability, with proven environmental performance," said Annukka
Dickens, director, Americas Environmental Leadership Team, HP. "HP's
approach includes innovative and environmentally sustainable product
design, and free and easy return and recycling to help customers reach
their sustainability goals."

    100 percent of HP Everyday Office Papers now FSC-certified(1) 
 The HP
Everyday Paper line in North America is now certified by the Forest
Stewardship Council (FSC), making HP one of the region's first major
original equipment manufacturer (OEM) office paper brands(2) to offer a
complete portfolio of papers that is entirely FSC certified. This North
American certification joins HP's existing FSC certified portfolio in
Latin America.

    HP is working in collaboration with long-time ally International Paper
Company (IPC) to use fiber from responsibly managed forests. More than 40
percent of HP's total tonnage worldwide is now FSC-certified and/or
contains at least 30 percent post-consumer waste. HP's goal is that 50
percent or more of HP-branded paper will be FSC-certified or have at
least 30 percent post-consumer waste content by the end of 2015.

    The FSC has earned a global reputation as one of the most rigorous and
credible independent certification standards available for ensuring that
products come from responsibly managed forests. The overall mission of
the FSC is to meet this generation's need for forest products without
compromising the health of the world's forests for future generations.

    Expanded recycling options for customers 
 HP's industry-leading
cartridge return and recycling program, HP Planet Partners, enables
customers to responsibly recycle used Original HP cartridges, and
empowers them to play a key role in the effectiveness of the company's
"closed loop" plastics recycling process. 

    With a mission to ensure easy supplies' recycling for global customers,
HP now offers the convenient and free HP Planet Partners recycling
program in 56 countries and territories, allowing customers around the
world to return used HP cartridges by simply visiting www.hp.com/recycle
or HP Authorized Retail Collection locations to return used HP

    To date, HP customers worldwide have recycled more than half a billion HP
ink and LaserJet toner cartridges with HP Planet Partners.(3) Through
this and other efforts, HP aims to recycle 3.5 billion pounds of
electronic products and supplies by the end of 2015. 

    Collaborating with retailers such as Office Depot, Office Max, Staples
and Walmart, HP is expanding its cartridge collection network, which is
anticipated to include more than 9,000 retail outlets worldwide. Office
Depot, in its inaugural year supporting HP's Planet Partner efforts, will
offer HP ink recycling in more than 1,100 stores across the United
States. Staples has supported HP recycling efforts for more than five
years and expanded in 2012 to include hardware recycling across North
America. Together, HP and Staples have collected more than 40 million
pounds of ink and toner cartridges and hardware for recycling. Walmart
brings the largest network of retail drop-off locations with more than
3,500 stores. 

    Measuring recycling results by the billions
 HP's groundbreaking "closed
loop" plastics recycling process uses plastic from recycled Original HP
ink and toner cartridges and other post-consumer sources to create new
Original HP cartridges. To date, HP has used more than 118 million pounds
of recycled content -- keeping 280 million cartridges(3) and a milestone
of 2 billion post-consumer plastic bottles out of landfills.

    In addition, when compared to new (or virgin) plastic, the recycled
plastic used in HP ink cartridges produced in 2010 and beyond has up to
an estimated 33 percent smaller carbon footprint than virgin plastic in
Original HP ink cartridges -- even when accounting for the impact
associated with collecting, transporting and processing used cartridges
and plastic bottles. Plus, this plastic is estimated to reduce total
water used by up to 89 percent.(4) 

    HP uses recycled materials extensively in packaging, including recycled
content paperboard, corrugated cardboard and recycled plastic.(3) As the
world's largest provider of information technology (IT) infrastructure,
software, services and solutions, HP is in a unique position to respond
to the challenge of reducing energy use and waste. HP sees unprecedented
opportunities to transform the way the world lives and works while
helping its customers thrive.

    About HP
 HP creates new possibilities for technology to have a
meaningful impact on people, businesses, governments and society. The
world's largest technology company, HP brings together a portfolio that
spans printing, personal computing, software, services and IT
infrastructure to solve customer problems. More information about HP is
available at http://www.hp.com.

    (1) HP papers certified under FSC C0175432011. 
 (2) According to NPD
data 2012 (www.npd.com). 
 (3) Based on internal HP data. 
 (4) For
cartridges produced in 2010 and beyond. Based on a 2010 life-cycle
assessment (LCA) performed by Four Elements Consulting and commissioned
by HP. The study compared the environmental impact of using polyethylene
terephthalate plastic (PET) with the environmental impact of using
recycled PET to manufacture new Original HP cartridges. Details are
available at www.hp.com/go/RecycledPlasticsLCA. Amount collected since
beginning of respective programs.

    This news release contains forward-looking statements that involve risks,
uncertainties and assumptions. If such risks or uncertainties materialize
or such assumptions prove incorrect, the results of HP and its
consolidated subsidiaries could differ materially from those expressed or
implied by such forward-looking statements and assumptions. All
statements other than statements of historical fact are statements that
could be deemed forward-looking statements, including but not limited to
statements of the plans, strategies and objectives of management for
future operations; any statements concerning expected development,
performance, market share or competitive performance relating to products
and services; any statements regarding anticipated operational and
financial results; any statements of expectation or belief; and any
statements of assumptions underlying any of the foregoing. Risks,
uncertainties and assumptions include macroeconomic and geopolitical
trends and events; the competitive pressures faced by HP's businesses;
the development and transition of new products and services and the
enhancement of existing products and services to meet customer needs and
respond to emerging technological trends; the execution and performance
of contracts by HP and its customers, suppliers and partners; the
protection of HP's intellectual property assets, including intellectual
property licensed from third parties; integration and other risks
associated with business combination and investment transactions; the
hiring and retention of key employees; assumptions related to pension and
other post-retirement costs and retirement programs; the execution,
timing and results of restructuring plans, including estimates and
assumptions related to the cost and the anticipated benefits of
implementing those plans; the resolution of pending investigations,
claims and disputes; and other risks that are described in HP's filings
with the Securities and Exchange Commission, including HP's Annual Report
on Form 10-K for the fiscal year ended October 31, 2012. HP assumes no
obligation and does not intend to update these forward-looking statements.

    Copyright 2013 Hewlett-Packard Development Company, L.P. The information
contained herein is subject to change without notice. The only warranties
for HP products and services are set forth in the express warranty
statements accompanying such products and services. Nothing herein should
be construed as constituting an additional warranty. HP shall not be
liable for technical or editorial errors or omissions contained herein.


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