Our commitment
We are valued partners and trusted advisors committed to acting with integrity in everything that we do. We seek to treat everyone with respect and to uphold our ethical standards through strong policies and corporate governance.
Our approach
Our global Government Affairs and Public Policy Team leads our engagement with policymakers, regulators, trade associations, and peer companies to advance public policies aligned with HP’s interests and values.
Profile
We gain valuable insight through regular engagement with a range of stakeholders, including employees, investors, suppliers, customers, peer companies, public policymakers, industry bodies, nongovernmental organizations (NGOs), sector experts, and others. These interactions build our collective intelligence, help us prioritize critical issues, and provide insights into emerging opportunities and risks.
Principles
Our public policy engagements are aligned with our business and our core values. We advocate for measures that allow operational flexibility, create business opportunities, and reduce risks for HP.
People
Our culture, seeks to ensure that everyone feels respected and valued, and fully participates—establishes HP as a leader in the technology industry and beyond. In our annual employee engagement survey, the majority of participants responded favorably to the statement that HP values diversity. Our internal inclusion index reported the majority of employees experience an inclusive work environment at HP.
Purpose
We seek to treat everyone with respect and to uphold our ethical standards through strong policies and corporate governance. In our engagement with governments and others, we align our public policy advocacy with our company values.
U.S. political engagement
We conduct all political engagements in a transparent, legal, and ethical manner and in accordance with Integrity at HP. Political activities are managed by HP’s Chief Public Policy Officer under the supervision of our CEO and our Board’s Nominating, Governance, and Social Responsibility Committee. In 2021, HP and the HP Employee Political Action Committee (PAC) ceased supporting candidates for elected office (and the HP PAC was dissolved). HP does not make political contributions within or outside the United States and does not make independent political expenditures. In general, HP does not contribute to ballot measures, 527 or 501 (C) (4) organizations for political purposes. Any exceptions will be publicly disclosed on our website.
We also make public our U.S. and EU lobbying expenditures and membership in U.S. trade associations that engage in lobbying activity and we do not permit our dues to be used for political contributions. We adhere to all local lobbying disclosure laws. HP did not make any in-kind political donations in 2023. In 2022, for the fifth year in a row, we earned a perfect score and tied for first place overall among S&P 500 companies in the CPA-Zicklin Index of Corporate Political Disclosure and Accountability.
Starting in 2021, HP and the HP Employee Political Action Committee (PAC) discontinued their support for candidates running for elected office, resulting in the dissolution of the HP PAC. Moreover, HP refrains from making any political contributions, both domestically and internationally.
Political contributions and lobbying expenditures
HP corporate political contributions*
State and local candidates and groups (USS)
HP employee PAC contributions*
Federal and state candidates, party committees, and PACS supporting diverse candidates (US$)
HP lobbying expenditures
Total U.S. federal lobbying expenditures (reported quarterly under the Lobbying Disclosure Act) (US$)
2020
$138,900
$95,000
$1,570,000
2021
N/A
N/A
$2,140,000
2022
N/A
N/A
$2,670,000
*In 2021, HP and the HP PAC ceased supporting candidates for elected office (and the HP PAC was dissolved).
Policy priorities
Bill and Dave brought a thoughtful mindset to business.
HP believes there has to be a better way. A smarter way. A more responsible way. A way that takes into account that everything is interconnected. That reducing your harm is part of it, but we must think beyond it. That in order to take on big, expansive issues, we need big, expansive solutions. Solutions that tackle things holistically. That go beyond the paradigm. Simply put—we must Go Beyond.
Our Government Affairs and Public Policy Team focuses on supporting our corporate strategy: Building a stronger HP. We enable and protect HP businesses, innovation, and growth by improving the public policy landscape and provide expertise that drives ambitious and meaningful progress to HP and our society.