Seagate 2014 Annual Report Download - page 17

Download and view the complete annual report

Please find page 17 of the 2014 Seagate annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 148

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148

TableofContents
operationsrequireenvironmentalpermitsandcontrolstopreventandreduceairandwaterpollution,andthesepermitsaresubjecttomodification,renewaland
revocationbyissuingauthorities.
Wehaveestablishedenvironmentalmanagementsystemsandcontinuallyupdateenvironmentalpoliciesandstandardoperatingproceduresforouroperations
worldwide.Webelievethatouroperationsareinmaterialcompliancewithapplicableenvironmentallaws,regulationsandpermits.Webudgetforoperatingand
capitalcostsonanongoingbasistocomplywithenvironmentallaws.Ifadditionalormorestringentrequirementsareimposedonusinthefuture,wecouldincur
additionaloperatingcostsandcapitalexpenditures.
Someenvironmentallaws,suchastheComprehensiveEnvironmentalResponseCompensationandLiabilityActof1980(asamended,the"Superfund"law)
anditsstateequivalents,canimposeliabilityforthecostofcleanupofcontaminatedsitesuponanyofthecurrentorformersiteownersoroperatorsoruponparties
whosentwastetothesesites,regardlessofwhethertheowneroroperatorownedthesiteatthetimeofthereleaseofhazardoussubstancesorthelawfulnessofthe
originaldisposalactivity.Wehavebeenidentifiedasapotentiallyresponsiblepartyatseveralsites.Ateachofthesesites,wehaveanassignedportionofthe
financialliabilitybasedonthetypeandamountofhazardoussubstancesdisposedofbyeachpartyatthesiteandthenumberoffinanciallyviableparties.Wehave
fulfilledourresponsibilitiesatsomeofthesesitesandremaininvolvedinonlyafewatthistime.
Whileourultimatecostsinconnectionwiththesesitesisdifficulttopredictwithcompleteaccuracy,basedoncurrentestimatesofcleanupcostsandour
expectedallocationofthesecosts,wedonotexpectcostsinconnectionwiththesesitestobematerial.
Wemaybesubjecttovariousstate,federalandinternationallawsandregulationsgoverningtheenvironment,includingthoserestrictingthepresenceof
certainsubstancesinelectronicproducts.Forexample,theEuropeanUnion("EU")enactedtheRestrictionoftheUseofCertainHazardousSubstancesinElectrical
andElectronicEquipment,whichprohibitstheuseofcertainsubstances,includinglead,incertainproducts,includingdiskdrives,putonthemarketafterJuly1,
2006.Similarlegislationhasbeenormaybeenactedinotherjurisdictions,includingintheUnitedStates,Canada,Mexico,Taiwan,China,Japanandothers.The
EuropeanUnionREACHDirective(Registration,Evaluation,Authorization,andRestrictionofChemicals,EC1907/2006)alsorestrictssubstancesofveryhigh
concern("SVHCs")inproducts.
Employees
AtJuly3,2015,weemployedapproximately52,350employeesandtemporaryemployeesworldwide,ofwhichapproximately41,800employeeswerelocated
inourAsianoperations.Webelievethatourfuturesuccesswilldependinpartonourabilitytoattractandretainqualifiedemployeesatalllevels.Webelievethat
ouremployeerelationsaregood.
FinancialInformation
Financialinformationforourreportablebusinesssegmentandaboutgeographicareasissetforthin"Item8.FinancialStatementsandSupplementaryData-
Note13.BusinessSegmentandGeographicInformation."
CorporateInformation
SeagateTechnologypubliclimitedcompany,isapubliclimitedcompanyorganizedunderthelawsofIreland.
14