Conserving forests is one of the ways HP is combating climate change. Research shows that nature-based solutions, such as sustainable land management and forest protection and restoration, can contribute up to 30 percent of the climate mitigation needed by 2050 to meet the Paris Agreement’s objective of limiting climate change to 1.5oC. This represents a major risk to biodiversity, water, people and businesses that depend on healthy forests. Nearly half of all global forests are under threat of deforestation and forest degradation. It will also enable HP to make progress on its goal to counterbalance forest resources attributable to non-HP paper used in its products and print services by 2030.¹ While HP already maintains zero-deforestation status for its HP paper and paper-based packaging, this collaboration will support HP’s growing series of commitments to forest conservation around the world. By doing so, HP raises the bar for corporate leadership on nature-based solutions as the first company to pilot science-based targets for forests with WWF and becomes WWF’s largest U.S. (NYSE: HPQ) announced an $80 million partnership expansion with World Wildlife Fund (WWF) to further its commitment to forest conservation as part of HP’s comprehensive climate action strategy. PALO ALTO, Calif., Octo/3BL Media/ - Today, in advance of the 26th UN Climate Change Conference of the Parties (COP26), HP Inc.
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