Massey Ferguson Corp. Sustainability Profile
Massey Ferguson Corp., a prominent name in the agricultural machinery industry, is headquartered in the United States. Founded in the early 20th century, the company has established itself as a leader in the design and manufacture of tractors, combine harvesters, and other farming equipment. With a strong presence in North America and various global markets, Massey Ferguson is renowned for its innovative technology and commitment to enhancing productivity for farmers. The company's core products, including the iconic Massey Ferguson tractors, are distinguished by their reliability, efficiency, and user-friendly features. Over the years, Massey Ferguson has achieved significant milestones, solidifying its market position as a trusted brand among agricultural professionals. With a focus on sustainability and advanced engineering, Massey Ferguson continues to drive the future of farming, making it a key player in the agricultural sector.
DitchCarbon Score
How does Massey Ferguson Corp.'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
Massey Ferguson Corp.'s score of 70 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Massey Ferguson Corp., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of AGCO Corporation, which may influence its climate commitments and emissions reporting. As part of its climate strategy, Massey Ferguson Corp. inherits reduction initiatives and targets from AGCO Corporation. However, there are no documented reduction targets or specific climate pledges available at this time. The absence of emissions data and reduction commitments suggests that the company may still be in the early stages of formalising its climate action strategy. Given the lack of specific emissions figures, it is essential for Massey Ferguson Corp. to establish clear targets and reporting mechanisms to align with industry standards and enhance transparency in its climate commitments.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| 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 | 00,000,000,000 |
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Massey Ferguson Corp.'s Scope 3 Categories Breakdown
Massey Ferguson Corp.'s Scope 3 emissions, which decreased by 22% last year and decreased by approximately 7% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 75% of Scope 3 emissions.
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Massey Ferguson Corp.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Massey Ferguson Corp. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
