The following appears on Quocirca.com
By Louella Fernandes, Quocirca – HP Inc has released its 2018 Sustainable Impact Report, including an industry-leading goal to increase recycled content plastics across its print and personal systems portfolio to 30% by 2025. According to the report, HP’s Sustainable Impact programs drove more than $972 million dollars of new revenue for HP in 2018, a 35% year-over-year increase.
As a market leader, HP has an opportunity not only to drive competitive advantage through its ambitious sustainability targets, but also drive change and deeper commitment to supporting the circular economy across the print industry.
Applying circular economy principles to the print industry
Rapid population growth along with increasingly scarce natural resources means that the traditional linear “take, make, dispose” production model is no longer viable. This requires a shift towards a more circular and low-carbon model, which requires sustainable and operational excellence in how products are designed, delivered, recovered, repaired and reused.