Seagate

Technology Hardware, Storage & Peripherals
STX
$ 92 1
Share price
$ 19 bn
Market Cap
$ 24 bn
Enterprise Value

Carbon footprint

50 Ton
GHG emissions per $ 1 mln investment
1.5x the weighted average for S&P 500
FY2020
How is this calculated?
+5.3%
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Seagate's GHG emissions (market-based) (Kt of CO2e)
Seagate's Carbon intensity (Tons per 1 USDm)

Seagate's carbon footprint

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 .

Seagate's Scope 3 emissions declined to 8,670 Kt (-1,239 /-12.5% y-o-y). The rate of decline has slowed compared to the trend since 4Q'18 (CAGR -19.8%).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Seagate also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. American data storage company Seagate Technology LLC commits to reduce absolute scope 1 and scope 2 GHG emissions 20% by 2025 and 60% by 2040 from a 2017 base year. Seagate Technology LLC also commits to reduce absolute scope 3 GHG emissions 20% by 2025 and 60% by 2040 from a 2017 base year.

Company environmental metrics

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