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FREMONT, Calif. — The data storage company Seagate is sharing its corporate citizenship report.
Seagate published its “Global Citizenship Annual Report” on its 2021 fiscal year, according to the company this month.
The report is intended to offer a “comprehensive look” at Seagate’s progress toward several corporate goals: meeting emission reduction targets; product stewardship; talent enablement; diversity goals; labor standards; fair trade; and in its supply chain.
In releasing its “Global Citizenship Annual Report,” Seagate also publicly established several long-term environmental sustainability goals: It pledged to power its global footprint with 100% renewable energy by 2030 and achieve carbon neutrality by 2040.
The company is expanding its actions to support a “sustainable datasphere” and protect the environment.
Seagate’s sustainability commitments span Scope 1, 2, and 3 greenhouse gas (GHG) emissions, as defined by the Greenhouse Gas Protocol and reporting standard.
Highlights of Seagate’s “Global Citizenship Annual Report”
Environmental
- Energy Conservation
- In FY2021, Seagate saved approximately 23,000 MWh amounting to 14,000 tCO2e of electricity through energy conservation and efficiency initiatives, exceeding its 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 EB by 17% in FY2021, mostly through recycling, diverting 84% of waste away from landfill.
- Water Recycling
- Water recycling increased by more than 9% year-over-year.
Social
- Women in Leadership
- Seagate is taking steps to ensure that women have an equitable voice in leadership. Compared to FY2020, there was a 4% increase in women in the company’s executive positions and a 2.9% increase in women in director positions.
- LGBTQ+
- Seagate was named as one of the best companies for LGBTQ+ 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
- Established the Global Compliance and Ethics Council (GCEC) to align Seagate business functions with Seagate’s corporate Compliance and Ethics Program strategy, policies, and procedures.
- The GCEC determined that there were no significant risks of corruption or non-compliance in FY2021 through ethics risk assessments at our seven manufacturing sites.
- Established the Global Compliance and Ethics Council (GCEC) to align Seagate business functions with Seagate’s corporate Compliance and Ethics Program strategy, policies, and procedures.
“Seagate’s value of integrity compels us to take meaningful and measurable action on climate change,” said Joan Motsinger, SVP, business sustainability and transformation at Seagate.
“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 and its peers in the market “must address the harm caused by materials depletion, power and water overuse, and waste,” said Balan Shanmuganathan, senior director of sustainability at Seagate.
