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Seagate to Power Global Footprint With 100% Renewable Energy by 2030

And to achieve carbon neutrality by 2040

Seagate Technology Holdings plc pledged to power its global footprint with 100% renewable energy by 2030, and to achieve carbon neutrality by 2040.

Seagate Citizenship

 

The environmental sustainability goals are being announced in conjunction with the release of the company’s 16th Global Citizenship Annual Report (GCAR). Building on our Science Based Targets, the company is expanding its actions in support of its commitment to a sustainable datasphere and protecting the environment.

Seagate’s value of Integrity compels us to take meaningful and measurable action on climate change,” said Joan Motsinger, SVP, business sustainability and transformation. “Today, we publicly share our commitments, and we are well on our way to achieving these milestones both within our operations, with electricity sources, and with our suppliers and customers.

Seagate will reach its environmental sustainability goals through commitments spanning Scope 1, 2, and 3 greenhouse gas (GHG) emissions as defined by The Greenhouse Gas Protocol and Reporting Standard.

Seagate, along with industry peers and global stakeholders, must address the harm caused by materials depletion, power and water overuse, and waste,” said Balan Shanmuganathan, senior director of sustainability. “That is why we are boldly and publicly committing to specific and aggressive reductions in greenhouse gas emissions to achieve carbon neutrality.

In addition to establishing its long-term environmental sustainability goals, the company also published its FY21 (July 2020-June 2021) Global Citizenship Annual Report. The report offers a look at its yearly progress towards meeting emission reduction targets, product stewardship, talent enablement, diversity goals, labor standards, fair trade, supply chain, and more.

Highlights of the report include:

Environmental

  • Energy Conservation: In FY221, the firm saved approximately 23,000 MWh amounting to 14,000 tCO2e of electricity through energy conservation and efficiency initiatives, exceeding our conservation goal of 10,000 MWh for the year.
  • Recycling: Continued product circularity partnerships with Dell and Google to recycle components such as voice coil magnet assemblies and materials that use rare earth elements.
  • Hazardous Waste: Seagate has decreased the intensity of hazardous waste generated per exabyte by 17% in FY21, mostly through recycling, diverting 84% of waste away from landfill.
  • Water Recycling: Water recycling increased by more than 9% Y/Y.

Social

  • Women in Leadership: Seagate is taking steps to ensure that women have an equitable voice in leadership. Compared to FY20, there was a 4% increase in women in its executive positions and a 2.9% increase in women in director positions.
  • LGB TQ+: The manufacturer was named as one of the best companies for LGB TQ+ equity by the Human Rights Campaign with a score of 100% from the organization’s 2021 Corporate Equality Index for the third year in a row.

Governance

Ethics

  • Guided by its value of integrity, Seagate is dedicated to upholding high standards of ethics. For further details about the ethical and legal commitments that underpin how we tell our brand story please, visit the Seagate Trust Center.
  • Established the Global Compliance and Ethics Council (GCEC) to align Seagate business functions with its corporate Compliance and Ethics Program strategy, policies, and procedures.
    • The GCEC determined that there were no significant risks of corruption or non-compliance in FY21 through ethics risk assessments at its 7 manufacturing sites.

More about Seagate’s ESG efforts visiting Seagate’s Global Citizenship page.

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