HP commits to accelerating digital equity for 150 million people

Company to invest in an accelerator program

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HP's Sustainable Impact strategy to accelerate digital equity
HP's Sustainable Impact strategy to accelerate digital equity

As part of its Sustainable Impact strategy, HP Inc has announced an ambitious goal to accelerate digital equity for 150 million people by 2030. To help achieve its objective, the company announced the launch of HP PATH (Partnership and Technology for Humanity), an accelerator program that will invest in local initiatives and partnerships to address challenges in underserved communities around the world focused on education, healthcare, and the creation of economic opportunities.

“Our Sustainable Impact strategy is helping to strengthen our communities while spurring innovation and growth across our business. Creating technology that inspires progress has always been one of HP’s greatest strengths, and we continue to hold ourselves accountable for achieving the goals we have set,” said Enrique Lores, President, and CEO, HP Inc.

“As digital technology transforms seemingly every aspect of our lives, there’s a real danger of more and more people getting left behind. We cannot allow that to happen, and HP will work to break down the digital divide that prevents too many from accessing the education, jobs, and healthcare they need to thrive.” Lores continued.

Accelerating Digital Equity

HP believes digital equity is a human right and has invested in HP LIFE, a free IT and business skills training program offered by the HP Foundation, and supports and teams up with organizations including Girl Rising, MIT Solve, and NABU to tackle this challenge.

Building on these efforts, HP commits to develop, launch, and manage a digital equity accelerator, that seeks to support the digital equity of disenfranchised communities by activating innovative solutions and services for 150 million people by 2030.

HP believes true digital equity requires four key elements:

  • Hardware (e.g., laptop or printer).
  • Connectivity (e.g., access to the Internet).
  • Quality, relevant content (e.g., learning materials).
  • Digital literacy (e.g., skills to use the technology). 

HP 2020 Sustainable Impact Report

HP Sustainable Impact is integral to helping the company become the world’s most sustainable and just technology company. This work is essential for the sustainability of the planet and society. It is an increasingly important driver of customer purchasing decisions, helping win more than $1 billion in sales in 2020—for the second consecutive year.

HP said it has remained steadfast in its commitment to accountability and transparency since the company published its first environmental and social impact report in 2001. In this year’s Sustainable Impact Report, HP outlined the progress made in 2020 and improvements still needed. 

Inaugural Sustainable Bond Framework

HP also announced the release of its Sustainable Bond Framework to help inform and guide investments in projects that it believes will help meet its goals and achieve a more sustainable and just future. In addition, it announced the pricing of $1 billion of its inaugural sustainability notes. As part of the $2 billion overall debt offering, these bonds are designed to empower investors to join HP in tackling important economic, social, and sustainability issues

In 2024, we are looking at full recovery and growth-led investment in Indian printing

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. It created the category of privately owned B2B print magazines in the country. And by its diversification in packaging, (Packaging South Asia), food processing and packaging (IndiFoodBev) and health and medical supply chain and packaging (HealthTekPak), and its community activities in training, research, and conferences (Ipp Services, Training and Research) the organization continues to create platforms that demonstrate the need for quality information, data, technology insights and events.

India is a large and tough terrain and while its book publishing and commercial printing industry have recovered and are increasingly embracing digital print, the Indian newspaper industry continues to recover its credibility and circulation. The signage industry is also recovering and new technologies and audiences such as digital 3D additive printing, digital textiles, and industrial printing are coming onto our pages. Diversification is a fact of life for our readers and like them, we will also have to adapt with agility to keep up with their business and technical information needs.

India is one of the fastest growing economies in nominal and real terms – in a region poised for the highest change in year to year expenditure in printing equipment and consumables. Our 2024 media kit is ready, and it is the right time to take stock – to emphasize your visibility and relevance to your customers and turn potential markets into conversations.

– Naresh Khanna

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