Seagate Technology Holdings PLC

Common Name
Seagate Technology Holdings
Country
Singapore
Sector
Technology
Industry
Computer Hardware
Employees
30,000
Ticker
STX
Exchange
NASDAQ/NGS
Description
Seagate Technology Holdings Plc is a leading provider of data storage solutions integral to the information technology industry. Its primary function is to design, manufacture, and supply a wide array...

Seagate Technology Holdings's GHG Emissions Data Preview

In 2023, Seagate Technology Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Seagate Technology Holdings has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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c
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Seagate Technology Holdings’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Seagate Technology Holdings’s data sources below and access millions more through our Disclosure Search.

a. Seagate Technology Holdings's CDP Climate sourced from company’s website 2024
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b. Seagate Technology Holdings's ESG Report 2023
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c. Seagate Technology Holdings's ESG Data Spreadsheet 2022
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Insights into Seagate Technology Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Seagate Technology Holdings amounted to 930,974 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Seagate Technology Holdings decreased by 11.19%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Seagate Technology Holdings's Scope 1 Emissions Over Time

20222023085 k170 k255 k340 ktCO2e-14%
  • Total Scope 1
  • Year-over-Year Change

What are Seagate Technology Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Seagate Technology Holdings were 279,920 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Seagate Technology Holdings's Scope 1 emissions decreased by 14.32%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b

What are Seagate Technology Holdings's Scope 2 emissions?

In 2023, Seagate Technology Holdings reported Scope 2 greenhouse gas (GHG) emissions of 255,711 tCO₂e using the market-based method and 651,054 tCO₂e using the location-based method. a

Has Seagate Technology Holdings reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Seagate Technology Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Seagate Technology Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a b

What methodology does Seagate Technology Holdings use for Scope 2 reporting?

In 2023, Seagate Technology Holdings reported its Scope 2 emissions using the market-based method and using the location-based method. a

Seagate Technology Holdings's Scope 2 Emissions Over Time

202220230200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Seagate Technology Holdings's Value Chain Emissions

In 2023, Seagate Technology Holdings reported 5,086,400 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Seagate Technology Holdings includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Seagate Technology Holdings's Scope 3 Emissions Over Time

202020212022202303 M6 M9 M12 MtCO2e+10%-31%-28%
  • Total Scope 3
  • Year-over-Year Change

What are Seagate Technology Holdings's Scope 3 emissions?

In 2023, Seagate Technology Holdings reported total Scope 3 emissions of 5,086,400 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 32.63% of these emissions originated from upstream activities such as purchased goods and capital goods, while 67.37% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Seagate Technology Holdings reduced its Scope 3 emissions over time?

Since 2020, Seagate Technology Holdings's Scope 3 emissions have decreased by 45.29%, reflecting a declining long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2022), Seagate Technology Holdings's Scope 3 emissions decreased by 27.61%, highlighting the company's efforts to lower indirect emissions from its value chain. a b

What categories of Scope 3 emissions does Seagate Technology Holdings disclose?

In 2023, Seagate Technology Holdings reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Seagate Technology Holdings's Scope 3 emissions?

In 2023, the largest contributors to Seagate Technology Holdings's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 3,400,000 tCO₂e (66.84%)
  • Purchased Goods and Services (Cat. 1): 1,300,000 tCO₂e (25.56%)
  • Fuel- and Energy-Related Services (Cat. 3): 180,000 tCO₂e (3.54%)

Seagate Technology Holdings's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(25.6%)Use of Sold Products(Cat. 11)(66.8%)Fuel- andEnergy-RelatedServices (Cat. 3)(3.5%)

Insights into Seagate Technology Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Seagate Technology Holdings reported Scope 1 greenhouse gas (GHG) emissions of 279,920 tCO₂e and total revenues of USD 7,384 millions. This translates into an emissions intensity of 37.91 tCO₂e per millions USD. a

Seagate Technology Holdings's Scope 1 Emissions Intensity Compared to Peers

202005,00050,0001,000,000Scope 1 Emissions (tCO2e)202002,00020,000100,000Revenues (Millions of USD)NinestarYear: 2023Scope 1: 269 tCO2eRevenue: $M 3,385Scope 1 Intensity: 0.08 tCO2e/$MLogitech InternationalYear: 2023Scope 1: 342 tCO2eRevenue: $M 4,536Scope 1 Intensity: 0.08 tCO2e/$MPure StorageYear: 2024Scope 1: 842 tCO2eRevenue: $M 3,168Scope 1 Intensity: 0.27 tCO2e/$MQisdaYear: 2023Scope 1: 3,501 tCO2eRevenue: $M 6,637Scope 1 Intensity: 0.53 tCO2e/$MLite-On TechnologyYear: 2024Scope 1: 6,762 tCO2eRevenue: $M 4,186Scope 1 Intensity: 1.62 tCO2e/$MKinpo ElectronicsYear: 2023Scope 1: 4,871 tCO2eRevenue: $M 5,208Scope 1 Intensity: 0.94 tCO2e/$MCal-Comp Electronics Thailand PCLYear: 2023Scope 1: 1,131 tCO2eRevenue: $M 4,370Scope 1 Intensity: 0.26 tCO2e/$MArista NetworksYear: 2023Scope 1: 2,284 tCO2eRevenue: $M 5,861Scope 1 Intensity: 0.39 tCO2e/$MAsetekYear: 2023Scope 1: 35 tCO2eRevenue: $M 76Scope 1 Intensity: 0.46 tCO2e/$MQuanta ComputerYear: 2024Scope 1: 29,972 tCO2eRevenue: $M 43,064Scope 1 Intensity: 0.70 tCO2e/$MChicony ElectronicsYear: 2023Scope 1: 6,831 tCO2eRevenue: $M 3,205Scope 1 Intensity: 2.13 tCO2e/$MNetAppYear: 2023Scope 1: 2,321 tCO2eRevenue: $M 6,362Scope 1 Intensity: 0.36 tCO2e/$MAcerYear: 2023Scope 1: 2,339 tCO2eRevenue: $M 7,866Scope 1 Intensity: 0.30 tCO2e/$MPegatronYear: 2023Scope 1: 33,098 tCO2eRevenue: $M 40,968Scope 1 Intensity: 0.81 tCO2e/$MWiwynnYear: 2023Scope 1: 3,273 tCO2eRevenue: $M 7,886Scope 1 Intensity: 0.42 tCO2e/$MMiTAC HoldingsYear: 2023Scope 1: 3,159 tCO2eRevenue: $M 1,158Scope 1 Intensity: 2.73 tCO2e/$MTPV TechnologyYear: 2023Scope 1: 10,133 tCO2eRevenue: $M 7,682Scope 1 Intensity: 1.32 tCO2e/$MTranscend InformationYear: 2022Scope 1: 35 tCO2eRevenue: $M 394Scope 1 Intensity: 0.09 tCO2e/$MAdvantechYear: 2023Scope 1: 3,228 tCO2eRevenue: $M 2,105Scope 1 Intensity: 1.53 tCO2e/$MHikvisionYear: 2023Scope 1: 6,839 tCO2eRevenue: $M 12,572Scope 1 Intensity: 0.54 tCO2e/$MSeagate Technology HoldingsYear: 2023Scope 1: 279,920 tCO2eRevenue: $M 7,384Scope 1 Intensity: 37.91 tCO2e/$M

How does Seagate Technology Holdings's GHG emissions intensity compare to its peers?

In 2023, Seagate Technology Holdings reported a Scope 1 emissions intensity of 37.91 tCO₂e per millions USD. Compared to the peer group median of 0.49, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Seagate Technology Holdings rank on GHG emissions intensity within its industry?

In 2023, Seagate Technology Holdings ranked 21 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Seagate Technology Holdings among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Seagate Technology Holdings's Total Carbon Footprint

In 2023, Seagate Technology Holdings reported a total carbon footprint of 6,017,374 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25.48% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Seagate Technology Holdings's total carbon footprint was Scope 3 emissions, accounting for 84.53% of the company's total carbon footprint, followed by Scope 2 emissions at 10.82%. a

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