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Displaying articles for: November 2012

Getting started in the working world: New HP/public sector collaboration for Tunisia’s youth

What do young adults need to get started in the working world? An important collaboration, investing USD 3.3 million in support of Tunisia’s youth (announced in November 2012), believes that young people today need increased access to better-quality services designed to support young entrepreneurs by providing them with a foundational education, services and mentorship. Young adults also need job opportunities, which can be best achieved through supporting direct capacity-building for enterprises with high employment potential.


Ambitious aims such as these require collaboration between the private and public sectors.  HP is proud to offer this support to the young people of Tunisia in a new collaboration with the United Nations Industrial Development Organization (UNIDO), the US Agency for International Development (USAID), and the government of Italy (Tunisia’s neighbor, seeking shared prosperity as partners in the Union for the Mediterranean).


HP’s Vice President of Sustainability and Social Innovation, Gabi Zedlmayer, says the multi-million dollar private/public sector collaboration should “equip young people in Tunisia with relevant entrepreneurship skills to help create much needed new jobs”. The project focuses on the HP Learning Initiative for Entrepreneurs (HP LIFE) program, which recently expanded to offer all of its IT and entrepreneurial training courses online. As Tunisia maintains political and commercial links with other Arabic and French-speaking countries, the potential also exists for HP LIFE to expand into new geographies through this collaboration.


HP named among environmental sustainability leaders

(Contributed by Gabi Zedlmayer, Vice President of HP’s Office of Sustainability and Social Innovation)


HP has once again been ranked among the top companies in the world for its sustainability efforts in two major environmental reports.


First, for the third year in a row, HP ranked 2nd on the 2012 Newsweek Green Rankings of the top 500 U.S. companies and secured the 22nd position on the Global 500 list. HP also earned a top spot on the Greenpeace Guide to Greener Electronics, placing second on the list and ranking as the top U.S. company.


Placement on the Newsweek Green Rankings lists is determined by an overall score derived from research and analysis provided by Trucost and Sustainalytics, two leading environmental research firms. A company’s overall “Green Score” is based on its environmental performance in the areas of environmental impact, environmental management, and disclosure.


In this year’s rankings, HP improved in all three categories and in the combined Green Score—rising from an overall score of 75.8 in 2011 to 78.5 in 2012.


HP scored 5.7 points out of a possible 10 in this year’s Greenpeace Guide to Greener Electronics, which evaluates leading consumer electronics companies based on their commitment and progress in three environmental criteria: Energy and Climate, Greener Products, and Sustainable Operations.


Greenpeace recognized HP for efforts in Sustainable Operations, highlighting our paper procurement policy, which bans suppliers linked to illegal logging, as well as our policies and practices related to the sourcing of conflict minerals. In the Energy category, Greenpeace noted that we have one of the best programs for measuring and reducing greenhouse gas emissions from our suppliers.


Additional information on HP’s environmental sustainability efforts may be found on the HP Global Citizenship website.

VideoBook Brings Learning to a Whole New Level

Many people are skeptical about companies’ motives behind ‘giving back’ to society. They suspect corporate giving is merely expensive window dressing aimed at achieving good publicity while diverting attention from elsewhere. Others argue that corporations can’t do good business by being good citizens. CEOs – who are tasked with increasing profit margins – are forced to justify the considerable expense of corporate social responsibility initiatives to stakeholders and demonstrate a shared value to the business. Shared value is the overlap between creating social impact while also rewarding their company’s bottom line.


At HP, we strongly believe that good citizenship and good business go hand in hand. One recent example of our success is the HP VideoBook educational system. This Wall Street Journal award-winning initiative enriches digital texts by incorporating carefully selected relevant videos from YouTube and other online sources. It turns plain text documents into rich media documents and brings concepts to life, enabling students to get multiple perspectives on the same topic. Student performance in India significantly improved when using VideoBook, along with Mindspark, an adaptive learning tool, and another HP program, called “Lab-in-Box,” a mobile lab that gives computer access to some of India’s poorest children.


The outcomes are encouraging HP to extend the scale and scope of its social innovation initiatives and sell the same technology as an open solution for both licensing in schools and as an enterprise solution for employee on-boarding to the Indian market. HP is turning the initiative into a multi-million dollar revenue opportunity in India with the potential to expand it to other countries around the world. Clearly, corporate ‘giving back’ is delivering shared value.


All that aside, delivering shared value takes plenty of hard work, partly because much of it is in unchartered territory. VideoBook was invented by visionaries working in HP Labs in India. Seeing its potential, the worldwide group responsible for HP Sustainability and Social Innovation (HP SSI) developed a new workstream around cloud-based Personalized Learning to help develop, test and support this solution to bring it to the broader market.


But that wasn’t all. It took combining the energies and expertise of many HP employees with the knowledge of our in-country partners Educational Initiatives, Indian government officials, schools and teachers. It was a collaborative effort, with everyone working toward the same shared goal. HP SSI believes in this model of supporting innovation internally and collaborating to build change.


HP CEO Meg Whitman discusses FY12 results and Autonomy Impairment Charge on CNBC

This morning, Meg Whitman sat down with CNBC’s David Faber for an extended discussion of regarding its earnings report and details of the Autonomy impairment charge. 


Watch the full interview here:

HP Reports Fourth Quarter and Full Year 2012 Results

HP today announced financial results for its fourth fiscal quarter and full fiscal year ended Oct. 31, 2012. For the full year fiscal 2012, net revenue of $120.4 billion was down 5% from the prior year period and down 4% when adjusted for the effects of currency.


(Editor's note: for more details, read today's press release, "HP Reports Fourth Quarter and Full Year 2012 Results”)

Quick reference guide: HP earnings report coming up Tuesday, Nov 20, 2012

HP (NYSE ticker symbol: HPQ) will present its fourth quarter earnings results on Tuesday, Nov. 20, 2012, before the market opens at approximately 4:30 am PT.  We will post links to the news release, financials, and other information as it becomes available here at Data Central and on Twitter and Stocktwits at @hpnews.


Our CEO Meg Whitman and CFO Cathie Lesjak will also host a live audio webcast to review HP’s financial results.  The call is scheduled for Nov, 20 at 5:00 am PT and will be available at 


You’ll also be able to follow the news on our investor relations website and the newsroom.


All HPQ SEC filings

HP on SlideShare

HP Donates More Than $650,000 To Help Residents Recover and Rebuild after Superstorm Sandy

HP employees do amazing things every day. In the past few weeks, they’ve stepped in quickly to help with relief and recovery efforts in the wake of Superstorm Sandy, contributing technology, skills and money. Sandy left a path of destruction from the Carolinas to Maine, wrecking homes, businesses and communities and impacting millions of people’s lives.


The HP Company Foundation gave a $150,000 cash grant to the American Red Cross and a $100,000 cash grant to Save the Children to aid in relief efforts. The HP Company Foundation has a history of helping out in times of need and provides disaster relief support throughout the world.  HP employees also are opening their hearts and wallets, quickly raising $200,000 for relief efforts that was then matched dollar-for-dollar by HP, totaling to more than $400,000.


Earlier this year, HP donated $500,000 to the American Red Cross Annual Disaster Giving Program. This program provides advance funding to the Red Cross that allows it to respond quickly and effectively when confronted with any major disaster.


When disaster strikes, HP and our employees step up to help people and communities rebuild and reenergize. As a company, as an employer and as citizens in the communities where we live and work, we feel the call to provide support to organizations that are helping with relief efforts and providing access to food, water and overall support.

HP’ers Weather the Storm for Workplace Equality

(This entry was posted by Caterin Wall, HP Global Diversity & Inclusion)


Despite the disruption caused by Hurricane Sandy, over 20 HP employees from around the world braved the weather to attend the Out & Equal Workplace Summit on Oct. 29 – Nov. 1.  The Out & Equal Workplace Summit is an annual meeting that brings together LGBT employees, allies, human resource and organization professionals with the goal of working towards creating safe and equitable work environments for all. 


HP Brand Ambassadors at the Out & Equal Workplace SummitAs the Presenting Sponsor, HP has a long history of partnership with Out & Equal, and the company works with Out & Equal throughout the year to build and strengthen our company as an organization that values all employees, customers and communities.  HP has been involved with Out & Equal since 1999.


Over 1,300 attendees attended the summit this year, and many of HP’s partners and customers are included in the 118 companies represented at the summit.  HP’s participation at the Summit provides a number of benefits to the company, including:


  • Significant visibility for HP to other leading corporations – including key business partners – and their LGBT employees.  HP’s booth at the Summit’s exhibition showcase highlighted a number of the latest PPS products, including new touch-enabled Windows 8 notebooks.  Attendees were wowed by the latest HP has to offer both consumer and commercial clients. 
  • An opportunity to showcase the company’s commitment to and leadership in diversity and inclusion as an employer and provider of choice.
  • A variety of learning and professional development experiences to advance diversity and inclusion employee leadership skills.

The Summit included inspiring keynote speakers as well as opportunities to learn from industry leaders and experts.  With over 100 workshops offered, attendees learn insights into lesbian, gay, bisexual, transgender and ally issues in today’s ever-changing workplace environment. 


HP’s Michael Thacker addresses attendees at the Gala event, sponsored by HPAs a highlight of the Summit, HP sponsored the celebration Gala on Nov. 1.  The company auctioned a technology suite of products, raising thousands of dollars for Out & Equal.  Michael Thacker in HP’s corporate communications department also addressed the attendees at the Gala, highlighting HP’s committee to diversity and inclusion, as well as the great work of the HP Pride Employee Resource Group.


HP Pride Employee Resource Group


A critical element to HP’s diversity and inclusion strategy, Employee Resource Groups (ERGs) help employees not only navigate the corporate environment, but serve as a valuable business resource.   The HP Pride ERG is believed to be the first LGBT and Ally ERG to be founded inside a corporation, in 1978. 


One of their key initiatives are their participation in PrideFests that happen all over the US as well as in countries such as Canada, the UK, Switzerland and Costa Rica to name a few. Through community engagement and product exhibit opportunities, HP’s brand reaches hundreds of thousands of consumers thanks to the efforts of HP’s Pride ERG.  They are wonderful examples of HP employees as ambassadors of our brand.  


The work of the HP Pride ERG not only increases HP’s visibility to customers, but it also helps make HP an employer of choice for the LGBT community.  For the 10th year, HP has received 100% on the Human Rights Campaign’s Corporate Equality Index, which provides an in-depth analysis and rating of large U.S. employers and their policies and practices pertinent to lesbian, gay, bisexual and transgender employees.


The Pride ERG is currently putting finishing touches on a series of “It Gets Better” videos.  The It Gets Better Project was created to show young LGBT people the levels of happiness, potential, and positivity their lives will reach – if they can just get through their teen years. The It Gets Better Project wants to remind teenagers in the LGBT community that they are not alone — and it WILL get better.  Look for the HP videos very soon.

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