HPE Financial Services launches new offers for companies leading the way in sustainability

FEBRUARY 23, 2023 • BLOG POST • GERRI GOLD, EXECUTIVE VICE PRESIDENT, PRESIDENT AND CEO, HPE FINANCIAL SERVICES

IN THIS ARTICLE

  • Force For Good Financing Program available to companies that have a demonstrated commitment to sustainability
  • HPE Nimble Storage available through HPE Certified Preowned program
  • Onsite decommissioning service now available for HPE Asset Upcycling Services customers

New offerings aim to help drive circularity and sustainability within IT market

Sustainability and circularity are gaining IT leaders’ attention, and it is a good thing. In fact, IDC estimates that by 2026, 60% of organizations will require their IT equipment vendors and partners to provide end-to-end visibility of their sustainability process.1

At HPE Financial Services, we recognize that now is a critical time for companies to advance their approach to sustainability, and we are working to help them on this journey, with improved IT economics and circular solutions.

This is why I’m happy to share that today, HPEFS is announcing the introduction of a special financing offer available to companies recognized for their demonstrated commitment to sustainability.2

It is also offering global onsite decommissioning services for HPE Asset Upcycling customers and expanding the HPE Certified Pre-owned portfolio with Nimble Gen 5 Storage.

Sustainability is a catalyst for businesses and our first announcement is focused on rewarding companies that have demonstrated commitment in sustainability. HPE is extending incentives towards new, qualified small and mid-sized business (SMB) and enterprise customers that have an ESG score within a pre-determined range of a recognized industry standard index. These organizations can receive special financing rates.2

HPEFS Force For Good Financing favors adoption of  newer more energy efficient products including HPE ProLiant Gen11 servers. The HPE ProLiant ML350 Gen11 server is designed for the technology needs of SMBs.

As part of our ongoing strategy to help drive circularity within IT and reduce e-waste, HPEFS now offers onsite decommissioning services in 31 countries for HPE Asset Upcycling Services. These onsite services securely decommission IT assets for refurbishment and reuse, or recycling. Data sanitization services can be included, which can help customers align with their privacy standards on their own premises. HPE Services or carefully selected partners deliver these onsite decommissioning services for HPE Asset Upcycling Services.

Additionally, the HPE Certified Preowned portfolio continues to expand and now includes Nimble Gen 5 Storage for customers in the U.S. and Canada, with additional countries to be announced subsequently. Refurbished tech is a critical way companies can lower capital expenditures and accelerate IT projects.

As Monica Batchelder, HPE Chief Sustainability Officer points out: “Certified pre-owned is a great option since it avoids much of the embodied emissions that a new product would generate. Extending the life of technology is an excellent way of reducing that impact since it was captured in its first lifecycle.”

Sustainable IT is a journey for us and our customers, and HPE is dedicated to leading the industry by offering world-class solutions and services to our customers and partners. These expanded offerings are important to helping customers and partners optimize their IT estate for efficiency and visibility and maximize the value of asset lifecycles. 

Technology financing can be key to SMBs staying competitive and meeting sustainability goals

Business leaders are facing another year of global economic uncertainty. Nearly 3/4s of US CEOs believe they need to invest more aggressively in digital technologies. At the same time, 70 percent of global tech leaders are concerned about the cost of technology to remain competitive.3

When faced with the costs of digital transformation and increasing expectations around sustainability, SMBs are among the most at risk of falling behind, especially in the current context of constrained supply, high-interest capital, and tighter environmental regulations.

With an eye towards SMBs, as well as enterprise customers, HPEFS Force For Good Financing Program:
 

  • Delivers special financing to qualified customers that meet a pre-determined ESG score range within a recognized industry standard index2

  • Favors adoption of the newer more energy efficient products including HPE ProLiant Gen11 servers4, as well as HPE Data Center and HP Inc. personal systems

  • Offers the option to include HPE’s Pack-and-Ship services to simplify the return process for end-of-lease assets and help drive circularity in their tech estate

  • Also included in this offer is the HPE Circular Economy Report so the company can track and observe its contribution to its technology sustainability efforts

 

I’ve been in technology financing and services for some time now, and the groundswell of sustainability-focused initiatives in the last few years is inspiring. There is not one conversation with customers or partners where we don’t discuss this topic, and I’m hopeful that as companies and as leaders, we continue to collaborate to accelerate those efforts.

In parts of the world, the adage is to "water where it grows.” Through initiatives like our Force For Good Financing Program, the plan is to continue growing strong, competitive businesses that are prioritizing sustainability in their long-term business strategies.

Financing and service offering available through Hewlett-Packard Financial Services Company and its subsidiaries (collectively, “HPEFS”) to qualified customers in certain countries and is subject to credit approval and execution of standard HPEFS documentation. Rates and terms are based on customer’s ESG score, credit rating, offering types, services and/or equipment type and options. Other charges, including without limitation, taxes, fees, and shipping charges, may apply. Not all HPE products are eligible. Not all customers may qualify. Other restrictions may apply. HPEFS reserves the right to change or cancel this program, including the qualification criteria at any time without notice.

 

1 IDC, IDC FutureScape: Worldwide Sustainability/ESG 2023 Predictions, October 2022, #US48709922.

2 Eligibility is determined by Dun & Bradstreet ESG Intelligence’s ESG Rankings  and other factors.

3 IDC, Incorporating Refurbished IT Equipment into Digital Infrastructure Buying Strategies to Improve Sustainability Efforts, doc #Doc # US49713322, September 2022

HPE newsroom: HPE ProLiant servers deliver undisputed performance leadership with 43 world records.New HPE ProLiant Gen11 servers deliver up to 99% higher performance and up to 43% more energy efficiency compared to the previous generation, using the AMD EPYC™ 9004 Series Processors

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