ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Seagate Teams Up with eBay to Expand Hard Drive Circularity Program

The collaboration enables consumers to purchase recertified drives through an established retail platform

Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, announced its sustainability collaboration with e-commerce site eBay. The agreement establishes Seagate’s official storefront on eBay as a direct channel for consumers to access factory-recertified hard drives as part of the Seagate Circularity Program.

As a founding member of the Circular Drive Initiative—a partnership of global leaders in digital storage, data centers, sustainability, and blockchain collaborating to reduce e-waste—Seagate is committed to enabling the secure reuse of storage devices and reducing hard drive shredding. Hard drive shredding entails breaking down a hard drive into tiny pieces so that data cannot be recovered. As rare earth materials contained in those parts cannot be reused, hard drive shredding harms the environment and is not a sustainable practice.

Since data control remains the biggest obstacle to embracing hard drive circularity, Seagate brings a trusted level of data sanitization and comprehensive erasure to its factory-recertified drives. The sanitization and erasure practices prevent data recovery after decommissioning, adhering to industry standards such as IEEE 2883, NIST SP 800-88 Rev. 1, and ISO/IEC 27040:2015.

“Tens of millions of hard drives are still being shredded yearly, and we need to reduce the use of destructive sanitization methods,” said Jason Feist, Seagate's SVP, Products and Markets. “Seagate builds circularity into the drives we bring to market. The collaboration with eBay will increase the amount of data that can be stored on top quality, recertified hard drives.”

In FY2023, Seagate extended the life of approximately 1.19 million hard drives and solid-state drives through its circularity program, preventing 553 metric tons of e-waste1. Seagate aims to minimize e-waste by placing quality hard drives back into service and extending their product lifecycles.

“eBay is proud to work with Seagate on this exciting partnership,” said Renée Morin, eBay’s Chief Sustainability Officer. “Refurbishing items gives them a longer life and generally reduces greenhouse gas emissions. In our efforts to be a responsible, sustainable marketplace, this collaboration shows that we all have a part to play.”

The new Seagate storefront on eBay offers various hard drive options that can be trusted because they are recertified by Seagate and come with a limited warranty. Seagate's factory-recertified drives can now be purchased directly through www.ebay.com/str/stxrecerthdd.

1Assuming each drive is an average weight of 465g

About Seagate Technology

Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over four billion terabytes of data capacity and offers a full portfolio of storage devices, systems, and services from edge to cloud. To learn more about how Seagate leads storage innovation, visit www.seagate.com and our blog, or follow us on X, Facebook, LinkedIn, and YouTube.

©2024 Seagate Technology LLC. All rights reserved. Seagate, Seagate Technology, and the Spiral logo are registered trademarks of Seagate Technology LLC in the United States and/or other countries.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.