Powerful forces are transforming how the world lives and works, placing unprecedented demands on everything from our healthcare and education systems to our energy grid. The global middle class is expected to triple to 1.15 billion by 2030, intensifying demand for energy and natural resources. Meanwhile, 71 million children of primary school age don’t have access to education, leaving them unprepared to get ahead in today’s knowledge economy.
HP recognizes these global challenges, and believes that business can play a vital role in creating positive change. Today, HP released its 2010 HP Global Citizenship Report, a comprehensive update on the company's activities and achievements in corporate and social responsibility over the past year. Spanning a variety of areas, including social innovation, environmental sustainability, human rights and compliance, the report outlines performance and goals for the company’s global citizenship practices.
A key theme in this year’s report is HP’s focus on driving innovations that enrich society while also bring value to HP’s business and its customers. HP believes that corporate success and social welfare are interdependent, and its global citizenship model enables HP to create value for both company stakeholders and for society as a whole.
Mike Holston, executive vice president and general counsel at HP, said of HP’s work over the past year, “For more than 70 years at HP, global citizenship has been about living our values and acting with purpose. It’s a commitment that goes beyond pressing issues, such as climate change or human rights. It extends to the things we do, every day in empowering others across the globe to be more sustainable, productive and successful.”
While this is the 10th consecutive year that HP has reported on its global citizenship programs, global citizenship is rooted in values that have driven the company successfully for more than 70 years. Highlights of the impact of HP’s programs are outlined below. The full report is available to view here.
“The New Global Middle Class: Potentially Profitable—but Also Unpredictable,” Knowledge@Wharton, July 2008, citing the World Bank.
“Out of School Adolescents,” United Nations Educational, Scientific and Cultural Organization, March 26, 2010.