HP is committed to protecting, restoring and promoting sustainable forests. Today, all HP branded paper is deforestation-free,  and are on track to achieve this with all paper-based product packaging being derived from certified sustainable and recycled sources by 2020, with a preference for virgin fiber from FSC-certified sources. In March 2019 we announced forest positive vision for HP Printing. HP’s forest positive initiatives will go beyond existing HP sustainable fiber sourcing programs, including NGO partnerships targeted to protect forests, improve responsible forest management at scale and help develop Science Based Targets (SBT) for for forests.

In November 2019 HP has launched the HP Sustainable Forest Collaborative and those efforts have inspired the Arbor Day Foundation, Chenming Paper, Domtar and New Leaf Paper to join the collaborative and accelerate efforts on forest restoration. The HP Sustainable Forest Collaborative is also supported by Forest Stewardship Council (FSC) and International Paper. The cross-industry collaboration will demonstrate scientific and commercially viable approaches to keeping working forest ecosystems healthy. Together, HP and the collaborative members seek others to join the movement of growing forests and biodiversity for future generations. In addition, HP is also contributing $1 million to World Wildlife Fund for Nature (WWF) towards developing science-based guidance related to three issues central to sustaining the world’s forests: the quantity and quality of forests needed in key regions to ensure the forests can support people and nature – contributing to a larger global Science-Based Targets Network initiatives; actions companies can take to keep those forests thriving; and how companies can better estimate the climate, water and other nature-related co-benefits of their actions.

Specifically, HP announced a leadership action to help restore, protect and improve the management of forests, starting with nearly 200,000 acres in Brazil and China, an area equal to the size of New York City. The new $11 million initiative, led by WWF, began in November 2019. The two major forest restoration and management projects mark the first within the implementation of HP's forest positive vision. We have been working with Arbor Day Foundation to plant 1 million trees by the end of 2020, and have recently extended this to 1 million additional trees to be planted by end of 2021, also with Eden Reforestation. We also have a pilot program with Conservation International in Brazil with a focus on local emphasis for the farming community to driving lasting sustainable impact.