Case study: How HP uses its technology, capital, and resources to create opportunities in underserved communities
Operating in 170 countries and territories around the globe, and believing that action should be taken to address key challenges facing humanity, including creating opportunities for everyone, HP strives, through a range of partnerships and collaborations, to use its technology, capital, and resources to create opportunities in underserved communities, not least through capacity building.
Abstract
Partnering with governments, nonprofits and educational institutes to create opportunities – above all economic opportunities – in underserved communities, providing free skills courses and access to capital, is a key priority for HP. In order to use its technology, capital, and resources to create opportunities in underserved communities HP took action to:
• provide business and IT skills through e-learning
• collaborate to develop opportunities and skills in Myanmar
• provide access to capital for low-income entrepreneurs
Using the GRI Standards in order to maintain and increase the value of your company
With each publication in this series the FBRH team will highlight one key impact identified by a company reporting in accordance with the GRI Standards and show how it has taken a structured, systematic approach to improving performance. With such positive action companies build trust, by dealing responsibly and conscientiously with their impact on the environment and on their stakeholders (e.g. clients, suppliers, shareholders, local communities, NGOs or local government). Stakeholders that can hold it back or stop it from reaching its objectives
By building trust your company creates loyalty and long-term commitment to its services and brands
