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 2024, 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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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
b
2033
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
b
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind AGCO’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore AGCO’s data sources below and access millions more through our Disclosure Search.

a. AGCO's Sustainability Report 2022
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b. AGCO's Sustainability Report 2024
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Insights into AGCO's Greenhouse Gas Emissions Pathways

As of 2024, 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. a b

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

As of 2024, AGCO has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b

AGCO's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 111,672 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a b

As of 2024, AGCO is ahead of schedule on its operational emissions reduction target, having achieved 25.41% of the planned reduction. a b

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

2022202420332050030 k60 k90 k120 kBaselineCurrent (-23%)Target 2033 (-55%)Target 2050 (-90%)
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