Founded in 1979, Seagate Technology is a manufacturer of data storage devices. Headquartered in Dublin, the company operates manufacturing sites in China, Malaysia, Singapore, Thailand, UK, and the US.
Seagate participates in international standards organisations. The company also discloses the number of its women employees working in tech roles and the locations of its research and development (R&D) facilities.
No evidence was found that Seagate undertakes initiatives that contribute to increasing access to digital technology. There is an opportunity for the company to support initiatives in this area and to consider more impactful support of digital opportunities for women and girls. The company should disclose the number of its employees with disabilities and take steps to create an inclusive workplace for them. Seagate should also report how it distributes the wealth it creates among its stakeholders, as well as its taxes paid and employment in its main markets.
No evidence was found that Seagate undertakes initiatives contributing to the development of digital skills or to increasing school connectivity. There are opportunities for the company to contribute to these areas.
Seagate has an opportunity to enhance its support for open, inclusive and ethical innovation. This includes support for open source projects and standards, the tech start-up ecosystem and sustainable development. The company can also disclose the ethical principles it follows for its research and development (R&D) activities.
Core Social Assessment
The core social indicators assess societal expectations of business conduct that companies should meet if they aspire to be part of a system transformation that leaves no one behind.
Seagate commits to respecting human rights in a publicly available policy document. However, the company’s commitment to respecting the ILO core labour rights can be stronger. For example, the company does not disclose a policy statement requiring its business relationships to respect the rights to freedom of association and collective bargaining. Seagate has a grievance mechanism accessible to both workers and external stakeholders to raise human rights concerns and complaints. The company has included human rights issues in its materiality assessment. However, it does not disclose a process to identify, assess and act on salient human rights risks associated with its own operations and with its business relationships. Seagate describes the stakeholders it engages with in general; however, it is not clear if these stakeholders are the ones whose human rights have been or may be affected by its activities.
Seagate publicly commits to respecting worker health and safety and expects its business relationships to do the same. It discloses how it monitors the health and safety performance of its business relationships. However, the company does not disclose a policy commitment stating that it does not require workers to work more than the regular and overtime hours. It also does not explicitly state that it requires its business relationships to do the same. The company mentions the percentage of its workers covered by collective bargaining agreements. It also discloses workforce diversity information by reporting on four indicators of diversity per employee category.
Seagate has a policy prohibiting bribery and corruption, and it includes anti-bribery and anti-corruption clauses in its business relationship contracts. The company has a tax strategy, but this is only applicable for its UK operations. While the company discloses the income taxes it pays in two categories: US and non-US, it does not disclose its income tax payments for individual tax jurisdictions. Seagate discloses its approach to lobbying and political engagement and states that it does not make political contributions. However, it does not disclose its lobbying expenditures for its global operations.