HP Inc. Commits to Accelerate Digital Equity for 150 Million People by 2030
10 June 2021: As part of its Sustainable Impact strategy, HP Inc. has announced an ambitious goal to accelerate digital equity for 150 million people by 2030. To help achieve its objective, the company announced the launch of HP PATH (Partnership and Technology for Humanity), an innovative accelerator program that will invest in local initiatives and partnerships to address challenges in underserved communities around the world focused on education, healthcare and the creation of economic opportunities.
This announcement coincides with the milestone publication of HP’s 20th annual Sustainable Impact Report, that highlights the progress the company is making across its core pillars of Climate Action, Human Rights and Digital Equity.
“Our Sustainable Impact strategy is helping to strengthen our communities while spurring innovation and growth across our business. Creating technology that inspires progress has always been one of HP’s greatest strengths, and we continue to hold ourselves accountable for achieving the goals we have set,” said Enrique Lores, President and CEO, HP Inc.
The COVID-19 pandemic didn’t create the digital divide, but it has certainly exacerbated it. Digital inequity is at an all-time high and will only continue to grow if we do not work together to find solutions. During COVID-19, one-third of the world’s school-age children, or 463 million students, could not access remote learning, according to UNICEF. Beyond education, the growing digital divide can stand in the way of accessing modern healthcare and competitive job opportunities as digital transformation continues to accelerate. There’s also a cost to digital equity: the U.S. alone loses more than $130 million a day in economic activity when people aren’t online, according to Deloitte.