HP Announces Commitment to Create Sustainable Recycling Opportunities in Haiti

HP Announces Commitment to Create Sustainable Recycling Opportunities in HaitiJoins Initiative to Improve Conditions and Bring Opportunity to Workers at Truitier Landfill

Palo Alto, Calif., September 21, 2016 - Today at the 2016 Clinton Global Initiative (CGI) Annual Meeting, HP announced it has joined a CGI Commitment to Action with Thread, Timberland, Team Tassy, and ACOP (Association des Collecteurs des Objets en Plastique) to improve conditions at the Truitier landfill in Haiti over a three-year period.

An estimated 200 children between the ages of 8 and 12 currently collect recyclable materials from the Truitier landfill. These children and their families are exposed daily to unsafe and hazardous working conditions. This joint initiative aims to improve the lives of the children by providing them with educational opportunities, including more than 200 scholarships, as well as full physical exams and health and safety trainings. Additionally, commitment partners will provide job training for the adults, and invest over $300,000 in entrepreneurs, microenterprises, and/or small-to-medium enterprises in targeted neighborhoods.

As part of this commitment, HP will purchase recycled plastic made with raw materials collected at the Truitier landfill. By opening a new market opportunity, generating a steady revenue stream and partnering to improve conditions for the workers, HP is helping to create sustainable jobs and bring opportunity and dignity to the Truitier community.

HP has a strong track record of responsibly sourcing materials and treating all workers with respect and dignity, said Stuart Pann, HP Chief Supply Chain Officer. What is exciting about this initiative in Haiti is that we can turn waste into a resource that generates income and improves the lives of families living in poverty.

The very bottom of the supply chain is where people are the most vulnerable, said Ian Rosenberger, Founder and CEO of Thread. It's no longer okay to ignore the issue because it's difficult to talk about. We're proud to be working with great partners like Timberland and HP to find a solution in Haiti that can change our global understanding of dignified work.

HP has been a pioneer in driving initiatives that support the principles of a Cradle to Cradle inspired circular economy, said William McDonough, Chief Executive of McDonough Innovation and author. Through this Commitment to Action, HP continues to lead their industry toward a more inclusive circular economy. They are benefiting the people in need in Haiti through positive economic, social, and environmental actions. They continue to inspire us all.

For more information on this initiative, visit the HP Newsroom.

About the Clinton Global InitiativeEstablished in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of the Clinton Foundation, convenes global leaders to create and implement solutions to the worlds most pressing challenges. CGI Annual Meetings have brought together 190 sitting and former heads of state, more than 20 Nobel Prize laureates, and hundreds of leading CEOs, heads of foundations and NGOs, major philanthropists, and members of the media. To date, members of the CGI community have made more than 3,500 Commitments to Action, which have improved the lives of over 430 million people in more than 180 countries.

For more information, visit clintonglobalinitiative.org and follow us on Twitter @ClintonGlobal and Facebook at facebook.com/clintonglobalinitiative.

Forward-Looking Statements

This document contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP Inc. and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements of expectation or belief and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility the company's business may not perform as expected; that the company may be unable to successfully implement separation strategies; and other risks that are described in the company's reports to the U.S. Securities and Exchange Commission, including but not limited to the risks described in the company's Annual Report on Form 10-K for its fiscal year ended October 31, 2015 and the company's Quarterly Reports on Form 10-Q for its fiscal quarter ended January 31, 2016. The company assumes no obligation to update these forward-looking statements.

LINK:	http://www8.hp.com/us/en/hp-news/press-release.html?id=2332945...
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