Agco
AGCO Corporation, commonly referred to as AGCO, is a leading global manufacturer of agricultural equipment headquartered in the United States. Founded in 1990, AGCO has established a strong presence in key operational regions, including North America, Europe, and Asia, providing innovative solutions to farmers worldwide. Specialising in a diverse range of products, AGCO offers tractors, combines, and precision agriculture technologies under well-known brands such as Massey Ferguson, Fendt, and Valtra. Their commitment to advanced engineering and sustainability sets them apart in the competitive agricultural industry. With a focus on enhancing productivity and efficiency, AGCO has achieved significant milestones, including numerous awards for innovation and sustainability. As a prominent player in the agricultural sector, AGCO continues to drive advancements that support modern farming practices.
DitchCarbon Score
How does Agco's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Agco's score of 29 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Agco's reported carbon emissions
In 2023, AGCO Corporation, headquartered in the US, reported significant carbon emissions across its operations. The company disclosed total emissions of approximately 64,126,000 kg CO2e for Scope 1, 28,768,000 kg CO2e for Scope 2 (market-based), and a substantial 21,435,904,000 kg CO2e for Scope 3. This indicates a comprehensive approach to tracking emissions across all scopes, highlighting the importance of both direct and indirect emissions in their sustainability strategy. AGCO has not set specific reduction targets or initiatives as per the latest data, indicating a potential area for growth in their climate commitments. However, the company is actively engaged in monitoring its emissions and has reported emissions intensity metrics, such as 6.45 kg CO2e per million USD in net sales for 2023. This metric reflects AGCO's ongoing efforts to improve efficiency and reduce its carbon footprint relative to its revenue. Overall, while AGCO has made strides in emissions reporting, the absence of defined reduction targets suggests that further commitments may be necessary to align with industry standards and expectations for climate action.
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Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 50,269,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 50,259,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Agco is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
