AGCO Corporation, a leading name in the machinery and equipment sector, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 1990, AGCO has established itself as a key player in the agricultural equipment industry, focusing on innovative solutions for farmers worldwide.
The company offers a diverse range of products, including tractors, combines, and precision agriculture technologies, all designed to enhance productivity and efficiency. AGCO's commitment to quality and sustainability sets it apart, as it continually invests in advanced technologies to meet the evolving needs of the agricultural market.
With a strong market position, AGCO has achieved notable milestones, including strategic acquisitions that have expanded its product portfolio and global reach. As a trusted partner in agriculture, AGCO remains dedicated to driving progress and innovation in the machinery and equipment industry.
+55 vs industry average
Agco’s score of 81 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Machinery and Equipment has above-average carbon intensity
Industry performance
The Machinery and Equipment industry has reduced its overall emissions by 12% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Agco's reported carbon emissions
Agco Corporation, a machinery and equipment company headquartered in the US, reported total carbon emissions of approximately 20.06 billion kg CO2e in 2025. This includes Scope 1 emissions of 57.13 million kg CO2e and Scope 2 emissions (market-based) of 13.73 million kg CO2e. Scope 3 emissions accounted for the significant majority, totalling approximately 20.06 billion kg CO2e, with the use of sold products being the largest contributor at about 15.20 billion kg CO2e, followed by purchased goods and services at approximately 3.42 billion kg CO2e. For 2024, Agco's total emissions were approximately 22.95 billion kg CO2e. Scope 1 emissions were reported as 64.28 million kg CO2e, and Scope 2 emissions (market-based) were 21.85 million kg CO2e. Scope 3 emissions for 2024 were approximately 22.95 billion kg CO2e, with the use of sold products contributing about 17.14 billion kg CO2e and purchased goods and services around 4.14 billion kg CO2e. In 2023, the company's total emissions stood at approximately 29.52 billion kg CO2e. Scope 1 emissions were 71.74 million kg CO2e, and Scope 2 emissions (market-based) were 30.46 million kg CO2e. Scope 3 emissions were approximately 29.52 billion kg CO2e, with the use of sold products representing about 21.44 billion kg CO2e and purchased goods and services at approximately 5.68 billion kg CO2e. Agco has set several climate commitments. The company aims to achieve a 20% reduction in greenhouse gas (GHG) emission intensity by 2026, compared to a 2020 baseline. This target applies to both Scope 1 and Scope 2 emissions intensity. Furthermore, Agco is working towards a long-term goal of decreasing absolute Scope 1 and 2 GHG emissions by 55% by 2033, and by 90% by 2050, against a 2022 base year. Agco also has a Science Based Targets initiative (SBTi) commitment to reduce Scope 1 and Scope 2 GHG emissions by 42% by 2030 from a 2022 base year and to measure and reduce its Scope 3 emissions. Initiatives to support these targets include resource conservation, smart manufacturing for waste reduction and efficiency improvements, and a shift to 60% renewable energy across manufacturing operations.
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Agco’s Climate Goals (2030 & 2050)
7 goals2050
90% reduction in Scope 2
Reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 against a 2022 base year.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Agco
Frequently asked questions
Common questions about Agco’s sustainability data and climate commitments
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