Seagate

Computer Hardware

STX

$ 68 1.5

Share price

$ 14 bn

Market Cap

$ 19 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

1.7x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -6.6% weighted average for S&P 500

FY2021

Seagate aims to reduce Scope 1 + 2 by 20% by 2025 from a base year 2017

<2°C

GHG emissions and Carbon intensity

Seagate reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 1,199 Kt (+61/+5.3% y-o-y). Carbon intensity also grew to 118 t (+3.6/+3.1% y-o-y).

Seagate's Scope 3 emissions was up at 8,670 Kt (+811/+10% y-o-y). There has been no consistent trend in recent years.

The company is committed to reducing Scope 1 + 2 by 20% by 2025 from a base year 2017, which translates into the estimated reduction of -58 Kt per annum over the period of FY2021 - FY2025. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q2			1,199	8,670
2020Q4	1,199	311	888	8,670	10,172	118
2020Q2			1,156	7,859	10,509
2019Q4	1,138	262	876	9,909	9,958	114
2019Q2			1,158	9,117	10,390
2018Q4	1,162	259	902	16,790	11,344	102
2018Q2				13,883	11,184
2017Q4	1,134	255	878		10,626	107
2017Q2				4,988	10,771
2016Q2				5,229	11,160

Seagate

Carbon footprint

Primary Climate Goal

Seagate aims to reduce Scope 1 + 2 by 20% by 2025 from a base year 2017

GHG emissions and Carbon intensity

Seagate's carbon footprint

Company environmental metrics