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Seagate Collaborates With eBay to Boost Sustainability

Seagate Technology Holdings plc (NASDAQ: STX) is collaborating with eBay to set up its storefront on the latter's e-commerce platform. The storefront on eBay (NASDAQ: EBAY) will establish a direct channel for STX's consumers to gain access to "factory-recertified" hard drives. These recertified (by Seagate) drives will also come with a limited warranty. STX, as a part of the Seagate Circularity Program, is looking to lower hard drive shredding and boost the reuse of storage devices. Hard drive shredding is an unsustainable practice as the rare earth materials used cannot be reused when the hard drive is broken down. The company has been the founding member of the Circular Drive Initiative, which is a collaboration between global companies (engaged across verticals like data centers, digital storage, sustainability and blockchain) to lower electronic wastage. Seagate highlighted that it was highly focused on data sanitization and thorough data deletion for the company's factory-recertified drives. These practices prevent data recovery post decommissioning by following industry standards such as NIST SP 800-88 Rev. 1, IEEE 2883, and ISO/IEC 27040:2015. It is expected to boost hard drive circularity.