HP Invests Additional $2 Billion to Help Reduce Ocean-Bound Plastics

HP, which has a strong reputation for its sustainability and environmental efforts, just announced a $2 billion investment in a new plastic washing line in Haiti. According to the company, which joined NextWave Plastics last October, this is the single most significant investment in direct supply chain development to address marine litter ever. Talk about celebrating Earth Day.

This new washing line continues a well-established relationship between Haiti and HP. HP’s partnership with the First Mile Coalition in Haiti works to convert plastic bottles into recycled material used in Original HP ink cartridges. This effort contributed to 716,000 of the 199 million pounds of recycled plastic HP has crafted into 3.9 billion HP Original ink and toner cartridges since 2000.

Beyond its partnership with First Mile Coalition, HP partners with Thread International and Work, with whom HP created over 795 working opportunities within local communities in Haiti. This new $2 billion investment is expected to create an additional 1,000 work opportunities.

“Our investments and partnerships in Haiti are a great example of the positive change that can happen when businesses and NGOs come together to support shared objectives,” said Ellen Jackowski, HP’s Global Head of Sustainability Strategy and Innovation. “We are keeping millions of plastic bottles from ever reaching our oceans, converting them into sustainable products and creating new opportunities for residents through job creation and education.”

This investment isn’t just crucial for the planet; it’s essential for HP. The company recognized the importance of corporate sustainability efforts in a recent report, which found that 61 percent of workers believe sustainability is mandatory for businesses.

 

 

Sources: Waste360, HP, Do Work, Thread International, NextWave Plastics