HP Exceeds Energy Efficiency Goal for Products

HP (NYSE: HPQ) announced that it has achieved its goal of increasing the energy efficiency of its products.

The company set a
goal of reducing energy consumption in its products 40% from 2005 to the end of 2011.
With nine months to go, HP says, on average, its products are now 50% more efficient.

If all makes and
models of printers, notebook and desktop PCs, displays and servers shipped in
2005 were recycled and replaced with new HP energy-efficient models, customers
could save approximately $10.4 billion in energy costs, and avoid more than 40
million metric tons of CO2 emissions within a year, HP said.

The company made
the announcement at the kickoff event for the HP Unlocking Your Energy tour, a global
initiative to demonstrate how energy efficiency, sustainability and
profitability are compatible concepts for consumers and businesses.

The
tour is also being used to highlight HP’s new Energy and Sustainability
Management (ESM) solution, created in partnership with software company Hara.
The ESM is designed to deliver a strategy, roadmap and implementation plan to
transform the way energy and natural resources are used across an enterprise,
the processes by which they are managed, and the business models needed to meet
an organization’s demands.

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