HP to Reduce its Global Energy Use 20 Percent by 2010

HP today announced it has set a goal to reduce its global energy use by 20 percent below 2005 levels by 2010. To accomplish this, HP will deliver energy-efficient products and services to customers and institute energy-efficient operating practices in its facilities worldwide.

The new goal is part of the company’s global environmental strategy that addresses three levels of the business: products, internal operations and supply chain management. Recent innovations that will help HP meet this goal include:

• The introduction of select HP desktop business PCs that offer 80 percent efficient power supplies and were the first to meet the new EnergyStar® 4.0 requirements(1). The new power supplies are 33 percent more efficient than their predecessors;

• Dynamic Smart Cooling, HP’s energy management system for data centres, which is designed to deliver savings of 20 to 45 percent on cooling energy costs;

• The “IT Eco Declaration”, the definitive environmental self-declaration for printing supplies, makes it easier for customers to compare the environmental performance of products, enabling more informed and environmentally-aware choices.

“Energy efficiency is an integral part of the environmental programme HP has had in place for decades and is a key component in making HP a leader in sustainability,” said Pat Tiernan, vice president, Corporate, Social and Environmental Responsibility, HP.

“Sustainability should span the entire business, from product reuse and recycling, to a socially and environmentally responsible supply chain, to energy efficiency in products and internal operations – it’s the whole package.”

Today’s announcement is the latest in a series of ongoing environmental advancements HP has implemented over the last six months in the areas of product development, internal operations and supply chain management. Others include:

• ABN AMRO, a global banking company, recently selected the HP Halo Collaboration Studio to conduct meetings in different locations around the world in a vivid, real-time, face-to-face environment. The Halo system will help ABN AMRO reduce the excessive cost and emissions associated with travel.

• Earlier this month, HP announced benchmark results confirming that the HP BladeSystem c-Class featuring HP Thermal Logic technology uses up to 27 percent less power than the IBM BladeCenter-H in similar configurations.(2) The results of this study, conducted by Sine Nomine Associates, demonstrate that the HP BladeSystem c-Class and its zoned cooling properties not only lower power usage through efficient power distribution but also optimize airflow, which is a significant component in keeping data centres cool.

• HP offers nearly 50 products registered with the Electronic Product Environmental Assessment Tool (EPEAT, www.epeat.net ) to help institutional customers in the public and private sectors evaluate, compare and select desktop computers, notebooks and monitors based on their environmental attributes.

• In 2006, HP purchased 11 million kilowatt-hours (kWh) of renewable energy for use in its operations. HP also joined the U.S. Environmental Protection Agency's Green Power Purchase programme – a challenge to Fortune 500 companies to double their renewable energy purchases by the end of 2007. HP plans to increase renewable energy purchases by more than 350 percent by procuring 50 million kWh of renewable electricity during 2007.

• Also in 2006, HP established a global joint initiative with the World Wildlife Fund-US to reduce greenhouse gas emissions from HP’s operating facilities worldwide, educate and inspire others to adopt best practices, and use HP technology in conservation efforts around the world.

Additional information on HP’s energy-efficient solutions and tips for businesses and consumers is available at www.hp.com/go/energy. The HP 2006 Global Citizenship Report is available at www.hp.com/go/report.

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 totalling $94.1 billion for the four fiscal quarters ended Jan. 31, 2007. More information about HP (NYSE: HPQ) is available at www.hp.com.