HP announced that it has reached its goal of recycling 1 billion pounds of e-scrap six months earlier than its target date. The company also said that it has set a new target of two billion pounds by 2010.
The company set its initial goal in 2004 after it had reached the half billion pound mark.
"Environmental responsibility is good business," said Mark Hurd, HP chairman and chief executive officer. "We've reached the tipping point where the price and performance of IT are no longer compromised by being green, but are now enhanced by it."
Last year HP recovered 187 million pounds of electronics globally, 73 percent more than IBM, its closest competitor.
This year marks the 20th anniversary of the inception of HP recycling programs, which now operate in more than 40 countries, regions and territories. The programs seek to reduce the environmental impact of IT products, minimize waste going to landfills and help customers conveniently manage products at their end of life in an environmentally sound fashion.
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