HP Joins WWF’s Global Forest and Trade Network

HP announced it has joined the Global Forest & Trade Network
in North America (GFTN-NA), a World Wildlife Fund (WWF) initiative
linking more than 300 companies globally that share a commitment to
responsible forestry.

By becoming a member of the GFTN, HP has committed to progressively
increase the amount of responsibly harvested fiber used in its paper
products and sold globally. HP has set a target of 40 percent of its
paper sales from Forest Stewardship Council-certified or post-consumer
recycled sources by 2011.

As part of meeting these goals, HP will be engaging with
suppliers and informing customers of its commitment. WWF will provide
technical assistance toward reaching these goals.

“For more than 50 years, HP has been a leader in environmental
sustainability, delivering solutions that help customers reduce their
environmental impact,” said Glen Hopkins, vice president, Global Media
Business, HP. “We look forward to working closely with WWF to
demonstrate the importance of responsible and sustainable forest
management practices.”

Carbon emissions from deforestation and forest degradation are a
main cause of climate change. Joining the GTFN is part of HP’s
commitment to mitigating climate change by reducing its carbon
footprint across its business operations, products and supply chain.

“Every year, more than 30 million acres of natural forest are
destroyed to meet the growing demand for wood and agricultural
products,” said Suzanne Apple, vice president, Business and Industry,
World Wildlife Fund. “With this new relationship, HP is helping to
protect the world’s forests by sourcing and trading responsible forest
products.”

HP sells more than 280,000 tons of paper annually, including HP
Everyday Papers, small- and large-format papers, photo media and other
branded media products to a global market with a concentration in North
America and Europe. HP papers are sold in office supply and retail
stores throughout North America, including Wal-Mart, Office Depot,
Staples, Target and FedEx Office (formerly FedEx Kinko’s).

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