Seagate 2014 Annual Report Download - page 17
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operationsrequireenvironmentalpermitsandcontrolstopreventandreduceairandwaterpollution,andthesepermitsaresubjecttomodification,renewaland
revocationbyissuingauthorities.
Wehaveestablishedenvironmentalmanagementsystemsandcontinuallyupdateenvironmentalpoliciesandstandardoperatingproceduresforouroperations
worldwide.Webelievethatouroperationsareinmaterialcompliancewithapplicableenvironmentallaws,regulationsandpermits.Webudgetforoperatingand
capitalcostsonanongoingbasistocomplywithenvironmentallaws.Ifadditionalormorestringentrequirementsareimposedonusinthefuture,wecouldincur
additionaloperatingcostsandcapitalexpenditures.
Someenvironmentallaws,suchastheComprehensiveEnvironmentalResponseCompensationandLiabilityActof1980(asamended,the"Superfund"law)
anditsstateequivalents,canimposeliabilityforthecostofcleanupofcontaminatedsitesuponanyofthecurrentorformersiteownersoroperatorsoruponparties
whosentwastetothesesites,regardlessofwhethertheowneroroperatorownedthesiteatthetimeofthereleaseofhazardoussubstancesorthelawfulnessofthe
originaldisposalactivity.Wehavebeenidentifiedasapotentiallyresponsiblepartyatseveralsites.Ateachofthesesites,wehaveanassignedportionofthe
financialliabilitybasedonthetypeandamountofhazardoussubstancesdisposedofbyeachpartyatthesiteandthenumberoffinanciallyviableparties.Wehave
fulfilledourresponsibilitiesatsomeofthesesitesandremaininvolvedinonlyafewatthistime.
Whileourultimatecostsinconnectionwiththesesitesisdifficulttopredictwithcompleteaccuracy,basedoncurrentestimatesofcleanupcostsandour
expectedallocationofthesecosts,wedonotexpectcostsinconnectionwiththesesitestobematerial.
Wemaybesubjecttovariousstate,federalandinternationallawsandregulationsgoverningtheenvironment,includingthoserestrictingthepresenceof
certainsubstancesinelectronicproducts.Forexample,theEuropeanUnion("EU")enactedtheRestrictionoftheUseofCertainHazardousSubstancesinElectrical
andElectronicEquipment,whichprohibitstheuseofcertainsubstances,includinglead,incertainproducts,includingdiskdrives,putonthemarketafterJuly1,
2006.Similarlegislationhasbeenormaybeenactedinotherjurisdictions,includingintheUnitedStates,Canada,Mexico,Taiwan,China,Japanandothers.The
EuropeanUnionREACHDirective(Registration,Evaluation,Authorization,andRestrictionofChemicals,EC1907/2006)alsorestrictssubstancesofveryhigh
concern("SVHCs")inproducts.
Employees
AtJuly3,2015,weemployedapproximately52,350employeesandtemporaryemployeesworldwide,ofwhichapproximately41,800employeeswerelocated
inourAsianoperations.Webelievethatourfuturesuccesswilldependinpartonourabilitytoattractandretainqualifiedemployeesatalllevels.Webelievethat
ouremployeerelationsaregood.
FinancialInformation
Financialinformationforourreportablebusinesssegmentandaboutgeographicareasissetforthin"Item8.FinancialStatementsandSupplementaryData-
Note13.BusinessSegmentandGeographicInformation."
CorporateInformation
SeagateTechnologypubliclimitedcompany,isapubliclimitedcompanyorganizedunderthelawsofIreland.
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