AGCO Corp

Common Name
AGCO
Country
United States
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
24,000
Ticker
AGCO
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
AGCO Corporation is an international manufacturer and distributor of agricultural equipment and machinery. The company provides a comprehensive range of farming products, such as tractors, combine har...

AGCO's Climate Target Data Preview

As of 2023, AGCO has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into AGCO ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2033
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into AGCO's Greenhouse Gas Emissions Pathways

As of 2023, AGCO has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does AGCO have a target to reduce the emissions from its operations?

As of 2023, AGCO has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

AGCO's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 122,421 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

As of 2023, AGCO is ahead of schedule on its operational emissions reduction target, having achieved 4.43% of the planned reduction.

AGCO's Operational (Scope 1+2) Emissions Pathway

2022202320332050035 k70 k105 k140 kCurrent (-4%)Target 2033 (-55%)Target 2050 (-90%)
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