EMPTY STATE
COMPARISON TOOL

HP 72/100

(NYSE:HPQ) 2 of 40 (2018)

HP Inc. (HP) ranks second out of 40 companies, disclosing more information on its forced labor policies and practices than its peers across all themes, despite having a significantly smaller market capitalization than the majority of the top ten scoring companies. HP is one of the companies achieving the highest score the theme of commitment and governance. Since 2016, it has improved its performance and disclosure by chairing the steering committee of Responsible Business Alliance's Responsible Labor Initiative, collaborating with peers to provide forced labor training to suppliers, and piloting a grievance mechanism at Malaysian supplier factories. The company has an opportunity to improve its performance and disclosure on the themes of recruitment, worker voice, and remedy.

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72 /100

2018 Ranking: 2 of 40

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72

HP was evaluated both in 2016, when it ranked first out of 20 companies, and in 2018, when it ranked second out of 40 companies. It remains one of the top scoring companies, despite having a significantly smaller market capitalization than the majority of the top ten scoring companies. The company maintained a score of 72/100, despite a strengthened methodology which makes it harder to achieve the same score. Since 2016, it has improved its performance and disclosure by chairing the steering committee of Responsible Business Alliance's Responsible Labor Initiative, collaborating with peers to provide forced labor training to suppliers, and piloting a grievance mechanism at supplier factories in Malaysia.

2016 BENCHMARK

72

The average score for the sector was 32/100, compared to 39/100 in 2016. The drop in score is due in part to the increase in number of small and mid cap companies from 20 to 40, as well as the changes made to the methodology that strengthened it. The 20 companies benchmarked in both 2016 and 2018 saw their average score improve from 39/100 to 40/100, which is notable given the changes to the methodology.

METHODOLOGY

2016

72

HP was evaluated both in 2016, when it ranked first out of 20 companies, and in 2018, when it ranked second out of 40 companies. It remains one of the top scoring companies, despite having a significantly smaller market capitalization than the majority of the top ten scoring companies. The company maintained a score of 72/100, despite a strengthened methodology which makes it harder to achieve the same score. Since 2016, it has improved its performance and disclosure by chairing the steering committee of Responsible Business Alliance's Responsible Labor Initiative, collaborating with peers to provide forced labor training to suppliers, and piloting a grievance mechanism at supplier factories in Malaysia.

2016BENCHMARK

2018

72

The average score for the sector was 32/100, compared to 39/100 in 2016. The drop in score is due in part to the increase in number of small and mid cap companies from 20 to 40, as well as the changes made to the methodology that strengthened it. The 20 companies benchmarked in both 2016 and 2018 saw their average score improve from 39/100 to 40/100, which is notable given the changes to the methodology.

METHODOLOGY

THEME AND INDICATOR SCORE

The benchmark methodology has seven themes, selected to capture the key areas where companies need to take action to eradicate forced labor from their supply chains. There are a total of 23 indicators across the seven themes. For each theme, a company can score a total of 100 points.

Commitment and Governance

This theme evaluates a company's commitment to addressing forced labor, supply chain standards, management processes and board oversight, training programs, and engagement with stakeholders.

OVERALL 96
INDICATORS
Commitment
100
Supply Chain Standards
80
Management and Accountability
100
Training
100
Stakeholder Engagement
100

Traceability and Risk Assessment

This theme measures the extent to which a company demonstrates an understanding of its suppliers and their workforce by disclosing relevant information, and assesses and discloses forced labor risks across its supply chains.

OVERALL 81
Traceability
87.5
Risk Assessment
75

Purchasing Practices

This theme assesses to what extent a company adopts responsible purchasing practices and integrates supply chain standards into supplier selection and supplier contracts. It also assesses the degree to which a company cascades their standards down its supply chains.

OVERALL 81
Purchasing Practices
75
Supplier Selection
100
Integration into Supplier Contracts
50
Cascading Standards through the Supply Chain
100

Recruitment

This theme measures a company's approach to reducing the risk of exploitation of supply chain workers by recruitment agencies, eliminating workers' payment of fees during recruitment processes throughout its supply chains, and protecting the rights of migrant workers.

OVERALL 84
Recruitment Approach
75
Recruitment Fees
75
Monitoring and Ethical Recruitment
100
Migrant Worker Rights
87.5

Worker Voice

This theme measures the extent to which a company engages with workers in its supply chains, enables freedom of association, and ensures access to effective and trusted grievance mechanisms.

OVERALL 38
INDICATORS
Communication of Policies
75
Worker Voice
12.5
Freedom of Association
12.5
Grievance Mechanism
50

Monitoring

This theme evaluates a company's process for auditing suppliers (including whether it performs non-scheduled visits, reviews relevant documents such as wage slips or contracts, interviews workers, and audits lower-tier suppliers) and providing disclosure on the outcomes of supplier audits.

OVERALL 80
Auditing Process
80
Audit Disclosure
80

Remedy

This theme measures the extent to which a company has corrective action plan processes for non-compliant suppliers and ensures remedy is provided to workers in its supply chains who are victims of forced labor. Publicly available allegations of forced labor in a company's supply chains which occurred in the past three years, and how a company has responded to and addressed those allegations, are also assessed as part of this theme.

OVERALL 44
Corrective Action Plans
87.5
Remedy Programs and Response to Allegations
0

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