Deere & Co

Country
United States
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
35,200
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 GHG Emissions Data Preview

In 2024, Deere & Co completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Deere & Co has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Deere & Co's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Deere & Co amounted to 577,900 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Deere & Co decreased by 16.25%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Deere & Co's Scope 1 Emissions Over Time

20182019202020212022202320240150 k300 k450 k600 ktCO2e+1%-12%+17%+4%-2%-14%
  • Total Scope 1
  • Year-over-Year Change

What are Deere & Co's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Deere & Co were 353,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Deere & Co reduced its Scope 1 emissions over time?

Since 2018, Deere & Co's Scope 1 emissions have decreased by 8.32%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Deere & Co's Scope 1 emissions decreased by 13.68%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Deere & Co's Scope 2 emissions?

In 2024, Deere & Co reported Scope 2 greenhouse gas (GHG) emissions of 224,000 tCOâ‚‚e using the market-based method.

Has Deere & Co reduced its Scope 2 emissions over time?

Since 2018, Deere & Co's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 61.45%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Deere & Co's Scope 2 emissions (Market-Based) fell by 20% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Deere & Co use for Scope 2 reporting?

In 2024, Deere & Co reported its Scope 2 emissions using the market-based method.

Deere & Co's Scope 2 Emissions Over Time

20182019202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Market-Based

Insights into Deere & Co's Value Chain Emissions

In 2024, Deere & Co reported 81,736,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Deere & Co includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Deere & Co's Scope 3 Emissions Over Time

2021202220232024030 M60 M90 M120 MtCO2e-3%-1%-16%
  • Total Scope 3
  • Year-over-Year Change

What are Deere & Co's Scope 3 emissions?

In 2024, Deere & Co reported total Scope 3 emissions of 81,736,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 6.77% of these emissions originated from upstream activities such as purchased goods and capital goods, while 93.23% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2023), Deere & Co's Scope 3 emissions decreased by 16.07%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Deere & Co disclose?

In 2024, Deere & Co reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Deere & Co's Scope 3 emissions?

In 2024, the largest contributors to Deere & Co's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 76,204,000 tCOâ‚‚e (93.23%)
  • Purchased Goods and Services (Cat. 1): 5,532,000 tCOâ‚‚e (6.77%)

Deere & Co's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(6.8%)Use of Sold Products(Cat. 11)(93.2%)

Insights into Deere & Co's Total Carbon Footprint

In 2024, Deere & Co reported a total carbon footprint of 82,313,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.07% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Deere & Co's total carbon footprint was Scope 3 emissions, accounting for 99.3% of the company's total carbon footprint, followed by Scope 1 emissions at 0.43%.

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