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 34 is higher than 97% 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 2022, AGCO Corporation reported total greenhouse gas emissions of approximately 92,894,000 kg CO2e, which includes 64,126,000 kg CO2e from Scope 1 and 28,768,000 kg CO2e from Scope 2 emissions. The company has set ambitious targets to reduce its greenhouse gas emissions by 42% for both Scope 1 and Scope 2 by 2030, using 2022 as the base year. Additionally, AGCO is committed to measuring and reducing its Scope 3 emissions, which encompass indirect emissions from its value chain. AGCO's emissions intensity for 2022 was approximately 7.57 kg CO2e per million USD in net sales, reflecting its ongoing efforts to improve operational efficiency while addressing climate change. The company is actively engaged in sustainability initiatives and has received approval for its reduction targets through the Science Based Targets initiative (SBTi), aligning its goals with the global aim to limit warming to 1.5°C. As AGCO continues to enhance its sustainability practices, it remains focused on transparency and accountability in its emissions reporting, contributing to a more sustainable future in the agricultural sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 committed to some 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.
