Hewlett Packard Enterprise

Computer Hardware
HPE
$ 13 3.9
Share price
$ 17 bn
Market Cap
$ 27 bn
Enterprise Value

Carbon footprint

6 Ton
GHG emissions per $ 1 mln investment
0.15x the weighted average for S&P 500
FY2021
How is this calculated?
-16%
YOY change in GHG emissions
Weaker than the +5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -7.1% weighted average for S&P 500
FY2022
How is this calculated?

Hewlett Packard Enterprise aims to achieve net zero for all Scopes by 2050


This target has not been verified as science based according to SBTi
Hewlett Packard Enterprise's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Hewlett Packard Enterprise's GHG emissions (market-based) (Kt of CO2e)
Hewlett Packard Enterprise's Carbon intensity (Tons per 1 USDm)

Hewlett Packard Enterprise's carbon footprint

Hewlett Packard Enterprise reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2021 at 163 Kt (-31 /-16% y-o-y). Also positively, carbon intensity decreased to 6 t (-1.5 /-20% y-o-y).

Hewlett Packard Enterprise's Scope 3 emissions grew to 9,452 Kt (+819/+9.5% y-o-y). The growth accelerated relative to the long-term trend (+6.4% CAGR) observed since 3Q'19.

The company is committed to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -332 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

The company is committed to reducing Scope 3 by 35% by 2025 from a base year 2016, which translates into the estimated reduction of -826 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Hewlett Packard Enterprise also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Overall Net-Zero Target Hewlett Packard Enterprise commits to reach net-zero greenhouse gas emissions across the value chain by FY2040 from a FY2020 base year. Near-Term Targets Hewlett Packard Enterprise commits to reduce absolute scope 1 and 2 GHG emissions 70% by FY2030 from a FY2020 base year. Hewlett Packard Enterprise also commits to reduce absolute scope 3 GHG emissions 42% within the same timeframe. Long-Term Targets Hewlett Packard Enterprise commits to reduce absolute scope 1 and 2 emissions 90% by FY2040 from a FY2020 base year. Hewlett Packard Enterprise also commits to reduce absolute scope 3 emissions 90% within the same time frame.

Company environmental metrics

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