HP Releases List of Supply Chain Smelters PALO ALTO,

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
HP Releases List of Supply Chain Smelters

PALO ALTO, CA--(Marketwired - Apr 15, 2013) - HP ( NYSE : HPQ ) today published a list of the 195 smelters that have been identified within its supply chain.

HP is the first IT company to publish its supply chain smelter list and to have the smelter identification process be independently reviewed. This move underscores HP's leadership toward achieving a conflict-free supply chain by encouraging suppliers to become conflict-free smelter (CFS) certified and urging the entire industry to move toward greater utilization of conflict-free smelters and refiners.

For more than a decade, the mining of minerals used to produce tantalum, tin, tungsten and gold (3TG) in the Democratic Republic of Congo (DRC) has been linked to the funding of armed groups waging a civil war in the country. These metals are widely used in many industries and are commonly found in electronic products.

HP has played a leading role in international efforts to achieve conflict-free sources within the DRC, and it helped launch the Electronics Industry Citizenship Coalition (EICC ) and Global e-Sustainability Initiative (GeSI) Extractives work group. This work group has established the CFS Program .

"We approached this issue with the same rigor as other complex operating challenges and have achieved something notable," said Tony Prophet, senior vice president, Supply Chain Operations, Printers and Personal Systems Group, HP. "We are committed to collaborating across our supply chain as well as with NGOs and industry organizations to drive responsible sourcing within the Democratic Republic of the Congo and achieve a Conflict-Free Supply Chain."

As part of its commitment to work toward solutions in the DRC and neighboring countries, HP has been active with nongovernmental organizations (NGOs), industry organizations and government entities, including the Enough Project, the U.S. State Department and the Organisation for Economic Co-operation and Development.

"HP has shown leadership throughout the past four years around addressing conflict minerals within its supply chain. Publishing its list of smelters is another significant step in the right direction, because it puts pressure on smelters to be audited as conflict free," said Sasha Lezhnev, senior policy analyst, the Enough Project. "Just a year ago, companies were afraid of publishing lists of smelters, but this added layer of transparency can help get our consumer products to be conflict free."

HP is committed to providing an increased level of supply chain transparency for its customers and other external stakeholders. In 2008, HP was the first IT company to begin to publish its first-tier supplier names -- representing approximately 95 percent of HP supplier spend. Along with the smelter list publication, HP today also is publishing the factory street addresses and product types of its product final assembly suppliers .

These initiatives are a part of HP's larger Supply Chain Social and Environmental Responsibility program and underscore its leadership in managing its supply chain to the highest ethical standards.

HP has one of the industry's most extensive supply chains, comprising more than 1,000 production suppliers and tens of thousands of nonproduction suppliers, and spanning more than 45 countries and territories.

HP continues to work with suppliers around the globe to deliver substantial and lasting social and environmental performance improvements on a broad range of topics, including labor and ethics, health and safety, environment, and management systems.

Additional information about HP's commitment to conflict-free minerals is available at http://www8.hp.com/us/en/pdf/hp_fy11_gcr_ethi...357677.pdf

About HP HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing , personal computing , software , services and IT infrastructure to solve customer problems. More information about HP is available at http://www.hp.com .

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance, market share or competitive performance relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; assumptions related to pension and other post-retirement costs and retirement programs; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2012. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2013 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. HP shall not be liable for technical or editorial errors or omissions contained herein.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Kyndryl's Sovereignty Strategy Tackles Digital Resilience

Updated Category News Views 22

Driving Resilience Amidst Sovereignty Moves Hot off the press, Kyndryl is rolling out a beefed-up strategy to fortify operational resilience in the face of shifting digital sovereignty challenges. I’d say these guys got their fingers firmly on the geopolitical pulse, and they’re not messing around. “Maintaining critical IT operations is fundamental to business...

Continue Reading
Four Seasons' New Palau Hub: A Game-Changer for Luxury

Updated Category News Views 74

Four Seasons Stirs Up the Luxury Travel Scene Alright, every once in a blue moon, you get this kind of roll-out from a hospitality giant that even gets a stone-cold trader to raise an eyebrow. Four Seasons isn't just any hotel chain; it's a heavyweight in the luxury sector. They're pulling the wraps off their new spot in Palau, and it's about as plush as it gets. They're...

Continue Reading
Clean Tech's Dual Role: Energy Resilience and Dependency

Updated Category News Views 83

Technology's Double-Edged Sword in Energy You ever chat with someone about moving your whole life onto solar? Seems greener and cheaper, right? But dive into the numbers, and you'll see it comes with its own set of strings attached. According to a fresh-off-the-press report from S&P Global, clean tech is both a saving grace and a looming liability economically and...

Continue Reading
Triller Faces Legal Storm: Investor Action Deadline Looms

Updated Category News Views 38

Triller Group Inc. Lands in Hot Water Ah, the stock market—it’s like playing poker in a storm. And here we stand, facing the mess Triller Group Inc. has gotten into. Known on the market as NASDAQ:ILLRW, Triller has caught itself in a legal tug-of-war over some nasty allegations. If you held shares during the period between October 16, 2024, and December 29, 2025, you...

Continue Reading
Keurig Dr Pepper's Bold $2B Offering: Strategic Shift

Updated Category News Views 23

Strategic Moves Behind KDP's $2 Billion Offering Walking through all this, Keurig Dr Pepper (NASDAQ:KDP) has set the stage for something big. Yeah, I'm talking about a hefty $2 billion underwritten public offering. It's one of those moves where you're either shaking your head in confusion or nodding in cautious approval. With the coffee behemoth taking this step, let's...

Continue Reading
Silicosis Crisis: Legal and Health Ramifications Loom

Updated Category News Views 58

The Hidden Dangers of Artificial Stone Here's the grim truth. Artificial stone countertops, loved by many for their aesthetics in kitchens and bathrooms, have a dark side that’s becoming increasingly hard to ignore. Loaded with more than 90% respirable crystalline silica, these materials spew out toxic dust when cut or polished. Once that dust gets airborne, workers...

Continue Reading
Tigo Energy Lawsuit: Shareholders' Fight for Justice

Updated Category News Views 63

Energy Optimism or Illusion? Is it a bright future when projections fizzle out faster than a lukewarm coffee on a cold morning? If you snapped up shares of Tigo Energy (NASDAQ: TYGO) thinking you were hitching your wagon to a rising solar star, the latest class action might just feel like a gut punch. Tangled Partnership Promises Let's cut to the core of the issue. Tigo...

Continue Reading
Flyers Fundraiser Supports Mental Health Advocacy in NJ and PA

Updated Category News Views 58

Blockbusters on Ice, Support Beyond the Rink Here's a twist for hockey fans out there: snagging tickets to catch the Philadelphia Flyers might pack more punch off the ice than on it. Why? Because, for every ticket you grab through Digital Elements Group's special link, $5 is pumped straight into the veins of mental health advocacy in New Jersey and Pennsylvania. Pretty...

Continue Reading
Universal Music CFO to Speak at Major Tech Conference

Updated Category News Views 42

UMG Steps into the Spotlight at Morgan Stanley Event Music, money, and technology—it's a compelling trio. Universal Music Group (EURONEXT: UMG) is sending its heavyweights, Matt Ellis and Michael Nash, to the Morgan Stanley European Technology, Media & Telecom Conference on November 18, 2026. This isn't just any run-of-the-mill industry hobnob. We're talking about the...

Continue Reading
Untapped $41B VA Loan Potential: Opportunities Missed

Updated Category News Views 137

VA Loans: Unused Potential Sits at $41 Billion Are you telling me we're leaving $41 billion just sitting on the table in the form of untapped VA loans? That's the figure staring us in the face according to Veterans United's latest analysis. It's not just about numbers; it's a head-scratcher given the growing VA loan market share, which hit 10% last year. Where's the...

Continue Reading

Top 5 Most Recently Viewed Articles

Kroll Liquidators Achieve Major Settlement with FTX Estate

Updated Category News Views 281

Kroll Liquidators Secure Significant Multi-Million Dollar Settlement In a notable development within the financial world, Kroll, the prominent independent provider of global financial and risk advisory solutions, has successfully facilitated a multi-million dollar settlement involving the liquidators of Emergent Fidelity Technologies and the FTX Estate. This important...

Continue Reading
EVgo Inc.’s Stellar Q3 2025 Performance Highlights Growth

Updated Category News Views 241

Outstanding Financial Results for Q3 2025 at EVgo Inc. EVgo Inc. (Nasdaq: EVGO), a key player in public fast charging for electric vehicles (EVs), has once again reported impressive financial outcomes for the third quarter of 2025. The total revenue for this period reached $92.3 million, marking a remarkable 37% increase year-over-year. This growth trend is indicative of...

Continue Reading
Inspired Entertainment Partners with Welcome Break for Innovation

Updated Category News Views 173

Inspired Entertainment's Strategic Partnership Extension Inspired Entertainment, Inc. (NASDAQ: INSE), a prominent name in the B2B gaming sector, recently announced an exciting continuation of its partnership with Welcome Break, recognized as a leading motorway service area operator in the UK. This collaboration, which now sees Inspired become the exclusive provider of...

Continue Reading
Discover 3 High-Yield Stocks with Impressive Returns

Updated Category News Views 140

Introduction to High-Yield Dividend Stocks When discussing dividend stocks, many investors often seek out those boasting high yields. In this article, we'll highlight three intriguing options that average around 12% yields. Interestingly, these stocks have garnered a considerable amount of skepticism from Wall Street analysts. The Current Market Sentiment Market analysts...

Continue Reading
NerdWallet Plans Q3 2024 Financial Results Call for Investors

Updated Category News Views 125

NerdWallet to Discuss Upcoming Financial Results NerdWallet, Inc. (NASDAQ: NRDS), a leading financial services platform dedicated to offering reliable financial guidance, is preparing to announce its third quarter financial results for 2024. This significant event is set for a specific date, along with a conference call designed to provide insights into these results....

Continue Reading