Climate Change Data

Seagate Technology Holdings public limited company

Climate Impact & Sustainability Data (2021-07-03 to 2022-07-01)

Reporting Period: 2021-07-03 to 2022-07-01

Environmental Metrics

Total Carbon Emissions:11,056,100 tCO2e/year (Scope 3)
Scope 1 Emissions:355,206 tCO2e/year (CY2021)
Scope 2 Emissions:749,492 tCO2e/year (market-based, CY2021)
Scope 3 Emissions:11,056,100 tCO2e/year (CY2021)
Renewable Energy Share:>50%
Total Energy Consumption:2,828 MWh/EB (CY2021)
Water Consumption:7,968 megaliters/year (CY2021)
Waste Generated:21,874 metric tons/year (non-hazardous)
Carbon Intensity:1,799 metric tons of CO2e per EB (CY2021)

ESG Focus Areas

  • Environmental Sustainability
  • Human Rights and Working Conditions
  • Diversity, Equity, and Inclusion
  • Employee Development, Engagement, and Retention
  • Community Engagement
  • Supply Chain
  • Data Governance
  • Product Security
  • Compliance and Ethics
  • Business Continuity

Environmental Achievements

  • Reduced absolute market-based scope 2 operational emissions by 5.8% in CY2021 vs. CY2020
  • Saved 21,000 MWh of electricity through energy conservation and efficiency initiatives in FY2022
  • Diverted 21,000 metric tons of non-hazardous waste from landfills in FY2022
  • Recycled 87% of hazardous waste generated in FY2022
  • Generated 1,352 MWh of on-site solar energy in FY2022
  • Returned 1M drives to service through refurbishment and redeployment in CY2021
  • Increased water recycling by 17.5% in CY2021 from CY2020
  • Decreased water intensity by 17.1% in CY2021 from CY2020
  • Reduced energy consumed per EB shipped by 20% in FY2022

Social Achievements

  • Thailand Department of Industrial Works presented Seagate with the Corporate Social Responsibility Award
  • 1.4% increase in women in leadership from FY2020 to FY2022
  • 3,600 mentorship assignments established in FY2022
  • 99% of non-manufacturing specialist employees completed goal setting and year-end review processes in FY2022
  • 1281K hours of learning and development completed in FY2022 by employees
  • 9.1% increase in inventions with 1+ female inventors in FY2022
  • Reimbursed over $500,000 to over 2,500 employees by suppliers for unethical recruitment fees

Governance Achievements

  • Implemented industry best practices for the Seagate Ethics Helpline
  • Strengthened data governance by implementing encryption-based data protection tools and automating key compliance processes
  • Rolled out new Code of Conduct training with a 99.5% completion rate
  • Improved Enterprise Security Risk Management (ESRM) controls and processes
  • Matured the Global Compliance and Ethics Council (GCEC)

Climate Goals & Targets

Long-term Goals:
  • Carbon neutrality by 2040
Medium-term Goals:
  • 100% renewable energy in manufacturing and R&D sites by 2030
Short-term Goals:
  • Reduce water consumption by 2% year-over-year
  • Achieve 88% solid waste diversion rate
  • Save 10,000 MWh of energy from conservation projects
  • Implement a minimum of 40 hours of learning/training for non-manufacturing specialists

Environmental Challenges

  • Fugitive emissions challenges with the use of a hydrofluorocarbon solvent
  • Increased energy consumption due to higher capacity drives
  • Maintaining legacy solar energy system at Fremont site
  • Managing Scope 3 emissions (primarily product use and purchased goods and services)
  • Ensuring conflict-free minerals sourcing
  • Managing risks associated with critical materials (Cobalt and rare earth elements)
  • COVID-19 impacts on supply chain and operations
  • Ethical recruitment practices by suppliers
Mitigation Strategies
  • Project to replace high GWP process chemical (completion in FY2024)
  • Renewable energy purchases and on-site generation (over 50% renewable energy)
  • Improvements to Fremont solar energy system
  • Product design improvements to decrease emissions
  • Participation in RMI and use of CMRTs for conflict minerals
  • Multiple suppliers for critical components
  • Supply chain risk management program
  • Collaboration with RBA and other customers to address unethical recruitment fees

Supply Chain Management

Supplier Audits: 41/46 Tier 1 supplier facilities audited in FY2022 (5 postponed due to COVID-19)

Responsible Procurement
  • RBA Code of Conduct
  • Conflict-free minerals sourcing
  • Supplier training on RBA Code of Conduct, responsible minerals, GHG management, and forced labor

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Renewable energy
  • Energy efficiency improvements

Reporting Standards

Frameworks Used: GRI Standards (2021), SASB Standards, TCFD Standards (targeting compliance)

Certifications: ISO 14001, ISO 50001, ISO 45001, ISO 22301 (HDD and component sites, design centers)

Third-party Assurance: Third-party assurance for GHG emissions and LCA results; Independent Private Sector Audit (IPSA) of responsible sourcing of minerals program

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Self-encrypting drives; instant secure erase (ISE)

Awards & Recognition

  • CDP Supplier Engagement Leadership award (2021)
  • CDP B rating in Water Security Disclosure 2022
  • CDP A- in Climate Change Disclosure 2022
  • Military Friendly Employer (2022)
  • Best Technology Companies for Women by Fairygodboss (2022)
  • Best Place to Work for LGBTQ+ Equality by the Human Rights Campaign (2019-2022)