Deere & Co

Country
United States
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
75,800
Ticker
DE
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Deere & Company is a prominent global leader in the manufacturing of agricultural, construction, and forestry machinery. Renowned for its iconic green and yellow John Deere brand, the company produces...

Deere & Co's Climate Target Data Preview

As of 2023, Deere & Co has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target target, 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 Deere & Co ’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 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Crops Produced/Manufactured
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a
2030
*. 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 Deere & Co’s Climate Targets Data

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a. Deere & Co's Financial & Extra-Financial Disclosure 2023
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Insights into Deere & Co's Greenhouse Gas Emissions Pathways

As of 2023, Deere & Co has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Deere & Co have a target to reduce the emissions from its operations?

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

Deere & Co's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 811,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2023, Deere & Co is ahead of schedule on its operational emissions reduction target, having achieved 30% of the planned reduction. a

Deere & Co's Operational (Scope 1+2) Emissions Pathway

2021202320300250 k500 k750 k1 MBaselineCurrent (-15%)Target 2030 (-50%)

Does Deere & Co have a target to reduce the emissions from its value chain?

As of 2023, Deere & Co has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Deere & Co's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 101,262,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2023, Deere & Co is lagging behind on its value chain emissions reduction target, having achieved 13.33% of the planned reduction. a

Deere & Co's Value Chain (Scope 3) Emissions Pathway

202120232030030 M60 M90 M120 MCurrent (-4%)Target 2030 (-30%)
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