AGCO Corp
AGCO Energy Data Preview
In 2023, AGCO disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
AGCO also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, AGCO also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, AGCO also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate AGCO's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected energy 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 Energy Renewability
In 2023, AGCO consumed a total of 2.51 million Gigajoules of energy across its operations. Of this total, 34.66% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 65.34% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
AGCO's Energy Renewability Rate
How much of AGCO's energy consumed is renewable?
In 2023, AGCO consumed a total of 2.51 million Gigajoules of energy, of which 34.66% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This moderate level of renewable energy adoption indicates that AGCO is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Are AGCO's energy practices becoming more sustainable?
Since 2020, AGCO's total energy consumption increased by 33.8%, but remained relatively stable in 2023, possibly indicating a plateau in energy growth.
Over the same period, the share of renewable energy in AGCO's consumption increased by 31.38%, including a 10.96% increase in 2023, showing consistent progress in clean energy adoption.
Overall, AGCO’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.
AGCO's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into AGCO's Energy Consumption & Production Mix
In 2023, AGCO disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the AGCO's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
AGCO's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind AGCO's energy consumption?
In 2023, AGCO's total energy consumption was primarily sourced from
- Electricity (Unspecified Source) (40.92%)
- Natural Gas (34.12%)
- Heat (Unspecified Source) and Steam (Unspecified Source) (6.64%)
How diverse is AGCO’s energy consumption mix?
In 2023, AGCO consumed energy from 9 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.
Insights into AGCO's Energy Inflows & Self-Sufficiency
In 2023, AGCO reported total energy inflows of 1.03 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 1.01 million Gigajoules purchased from external suppliers and 10,699 Gigajoules generated through internal production. This corresponds to a production share of 1.04%, reflecting a 31.87% percentage point increase from the previous year (2022) and a 25.07% percentage point increase since 2020.
AGCO's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.
AGCO's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased