A further plus of doing business with HP is that partners find HP’s environmental practises and policies help them to save money from energy expense. Seagate Technology, an HP supplier, used 11 percent less energy in 2013 to produce hard drives compared to their 2008 baseline. This achievement has spurred them to reduce the energy use of its facilities: the Seagate factory in Penang, Malaysia, is saving more than 265,000 kWh annually, and a site in Singapore has reduced energy use by almost 967,000 kWh per year, a total of 1 .23M kWh energy savings annually from these sites alone.
With these initiatives, HP awarded Seagate the Supplier Corporate Social Responsibility Award, recognising Seagate’s efforts in pursuing a sustainable Supply Chain in the areas of labour, health, safety and environmental practices.
HP measures the results of its green policies by setting goals, and actively track toward those goals, to continue to nurture an extraordinary array of environmental initiatives across its value chain. By 2020, the company aims to reduce its first-tier manufacturing and products transportation-related GHG emissions intensity by 20 percent in comparison to 2010. They are well on their way to achieve that goal. By the end of 2014, HP helped suppliers prevent nearly 600,000 tonnes of CO2e (30 percent of HP’s two million tonnes target).