HP Creates Social and Environmental Impact in Hait

PALO ALTO, CA--(Marketwired - Jun 15, 2017) - HP Inc. ( NYSE : HPQ )

News highlights

• HP releases first Original HP ink cartridges made with plastic from bottles recycled in Haiti
• Joint initiative aims to improve the lives of the children who collect recyclable materials by providing them with educational opportunities, including scholarships, as well as full access to medical care and health and safety trainings
• By making Haiti a starting point of the supply chain, HP is going beyond the boundaries of its sustainable legacy by enabling social and environmental change
• HP releases 2016 Sustainability Report -- its first full year of reporting HP Inc. data since the separation from Hewlett-Packard Company in November 2015

Today, HP Inc. ( NYSE : HPQ ) announced the launch of Original HP ink cartridges made with plastic from bottles recycled in Haiti. Made possible through close partnership with Thread and the First Mile Coalition, this launch exemplifies HP's efforts to reinvent how products are designed, manufactured, used and recovered in the shift toward a circular and low-carbon economy.

Fulfilling a commitment made in September 2016, HP now purchases recycled plastic collected in Haiti. By opening a new market opportunity, generating a steady revenue stream and partnering to improve conditions for workers, HP is helping to create jobs and bring dignity to the collectors of recyclables in Haiti -- all while creating sustainable ink cartridges. Furthermore, this initiative helps prevent plastics from reaching the Caribbean Sea, combatting the ever-growing problem of ocean pollution.

Spearheaded by Thread, the First Mile Coalition addresses child labor in the "First Mile" of global supply chains, beginning with communities that neighbor the Truitier landfill -- the largest landfill in Haiti. Other members of the coalition include Timberland, Team Tassy and ACOP (Association des Collecteurs des Objets en Plastique).

Over 300 children currently collect recyclable materials from the Truitier landfill. These children and their families are exposed daily to hazardous working conditions. This joint initiative aims to improve the lives of the children by providing them with educational opportunities, including scholarships, as well as full access to medical care and health and safety trainings. Additionally, commitment partners provide job training for the adult family members of the children who are also working in the landfill, and will invest over $150,000 in entrepreneurs, microenterprises and/or small-to-medium enterprises in targeted neighborhoods.

HP has long been an industry leader in closed-loop recycling, combining material from products returned by our customers through the HP Planet Partners program with other post-consumer materials to create new Original HP cartridges. Through 2016, the company has manufactured more than 3.4 billion HP ink and toner cartridges using more than 88,900 tonnes of recycled content material -- including 3.7 billion postconsumer plastic bottles. Today, more than 80 percent of HP ink cartridges contain 45-70 percent recycled content, and 100 percent of HP toner cartridges contain 10-33 percent recycled content. By making Haiti a starting point of the supply chain, HP is going beyond the boundaries of its sustainable legacy by enabling social and environmental change.

"HP has been committed to sourcing materials responsibly and treating all workers with respect for decades," said Stuart Pann, HP Chief Supply Chain Officer. "Our work in Haiti enables us to reach the vulnerable collectors in Haiti and make their plastic part of our supply chain -- which creates economic opportunities and a better quality of life for these families."

"Sustainable supply chains have to start from the bottom up, and the First Mile of the supply chain is where we thrive," said Ian Rosenberger, Founder and CEO of Thread. "While Thread usually makes yarn for apparel brands, some of the waste Thread entrepreneurs process is more suited for other products. In this case, we are proud this partnership can expand Thread's mission to improve working conditions for collectors and create consistent urban markets for the poor."

"The work that [Thread and] HP are doing helps me get my children to school, and helps me pay for my home," said Rosette Altidor, a Haitian collection center owner. "It motivates me to motivate others to collect plastic as well. Everyone can benefit from clean-up work in Haiti."

Sustainability at HP

Sustainability serves as a guiding principle for how we do business at HP -- fueling our innovation and growth. We engineer with integrity, ensuring all products and operations are based on the highest ethical standards. We are committed to full-circle innovation that improves performance, reduces waste, and powers a circular and low-carbon economy. And we inspire impact, creating opportunities and enabling action to achieve a more just and inclusive society. To learn more about these efforts, visit the HP Sustainability website , and be sure to check out the newly released HP 2016 Sustainability Report, www.hp.com/sustainability .

About Thread

Thread is on a mission to end poverty by creating dignified jobs and responsible, high-quality fabrics. A Certified B Corporation, Thread transforms plastic bottles from the streets and canals of Haiti and Honduras into the most responsible fabrics on the planet. Every product made with Thread supports thousands of purpose-filled jobs in the developing world and the United States. Brands use Thread's premium fabrics in their products, such as apparel, shoes and bags, to improve their social and environmental impact. Learn more at www.threadinternational.com and follow the Ground to Good™ story @threadintl .

About HP Inc.

HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions and services, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com .

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