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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 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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a
0000000
Total Scope 2
Market-Based
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a
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a
0000000
Location-Based
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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Verified Sources Behind Deere & Co’s Greenhouse Gas (GHG) Emissions 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 Deere & Co’s data sources below and access millions more through our Disclosure Search.

a. Deere & Co's ESG Data Spreadsheet 2024
a. Deere & Co's ESG Data Spreadsheet 2024
b. Deere & Co's Sustainability Report 2021
b. Deere & Co's Sustainability Report 2021

Insights into Deere & Co's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofDeere & Co amounted to577,900metric 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).a

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

Deere & Co's Scope 1 Emissions Over Time

2019202020212022202320240150 k300 k450 k600 ktCO2e-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).a

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

Since 2019, Deere & Co's Scope 1 emissions have decreased by 8.91%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

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.a

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.a

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

Since 2019, Deere & Co's Scope 2 greenhouse gas (GHG) emissions (Market-Based)have decreased by 61.95%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

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.a

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

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

Deere & Co's Scope 2 Emissions Over Time

2019202020212022202320240150 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.a

The 2024 disclosure of Deere & Co includes a breakdown across 2of 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.a

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).a

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.a

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.a

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.a

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:a

  • 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

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

Insights into Deere & Co’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Deere & Co reported Scope 1 greenhouse gas (GHG) emissions of 353,900 tCOâ‚‚e and total revenues of USD 50,518 millions. This translates into an emissions intensity of 7.01 tCOâ‚‚e per millions USD.a

Deere & Co's Scope 1 Emissions Intensity Compared to Peers

2,00020,000500,0005,000,00050,000,000Scope 1 Emissions (tCO2e)5002,00010,00050,000200,000Revenues (Millions of USD)Norfolk SouthernYear: 2024Scope 1: 4,054,131 tCO2eRevenue: $M 12,123Scope 1 Intensity: 334.42 tCO2e/$MWaste Management IncYear: 2024Scope 1: 13,525,800 tCO2eRevenue: $M 22,063Scope 1 Intensity: 613.05 tCO2e/$MLockheed MartinYear: 2024Scope 1: 294,431 tCO2eRevenue: $M 71,043Scope 1 Intensity: 4.14 tCO2e/$MNorthrop GrummanYear: 2024Scope 1: 284,710 tCO2eRevenue: $M 41,033Scope 1 Intensity: 6.94 tCO2e/$MEmerson ElectricYear: 2024Scope 1: 64,976 tCO2eRevenue: $M 17,492Scope 1 Intensity: 3.71 tCO2e/$MREV GroupYear: 2024Scope 1: 13,800 tCO2eRevenue: $M 2,380Scope 1 Intensity: 5.80 tCO2e/$MCSXYear: 2023Scope 1: 4,239,321 tCO2eRevenue: $M 14,657Scope 1 Intensity: 289.24 tCO2e/$MUnited Parcel ServiceYear: 2024Scope 1: 14,408,000 tCO2eRevenue: $M 91,070Scope 1 Intensity: 158.21 tCO2e/$MParker-HannifinYear: 2024Scope 1: 128,862 tCO2eRevenue: $M 19,929Scope 1 Intensity: 6.47 tCO2e/$MCarrier GlobalYear: 2024Scope 1: 147,343 tCO2eRevenue: $M 22,486Scope 1 Intensity: 6.55 tCO2e/$M3MYear: 2024Scope 1: 1,500,000 tCO2eRevenue: $M 24,575Scope 1 Intensity: 61.04 tCO2e/$MRepublic ServicesYear: 2022Scope 1: 13,688,116 tCO2eRevenue: $M 13,511Scope 1 Intensity: 1,013.09 tCO2e/$MFerguson EnterprisesYear: 2025Scope 1: 164,926 tCO2eRevenue: $M 30,762Scope 1 Intensity: 5.36 tCO2e/$MAGCOYear: 2024Scope 1: 64,279 tCO2eRevenue: $M 11,662Scope 1 Intensity: 5.51 tCO2e/$MCaterpillarYear: 2024Scope 1: 680,000 tCO2eRevenue: $M 64,809Scope 1 Intensity: 10.49 tCO2e/$MIllinois Tool WorksYear: 2024Scope 1: 129,526 tCO2eRevenue: $M 15,898Scope 1 Intensity: 8.15 tCO2e/$MCumminsYear: 2024Scope 1: 347,439 tCO2eRevenue: $M 34,102Scope 1 Intensity: 10.19 tCO2e/$MTerexYear: 2023Scope 1: 34,287 tCO2eRevenue: $M 5,152Scope 1 Intensity: 6.66 tCO2e/$MPaccarYear: 2024Scope 1: 105,879 tCO2eRevenue: $M 33,664Scope 1 Intensity: 3.15 tCO2e/$MRTXYear: 2024Scope 1: 542,229 tCO2eRevenue: $M 80,738Scope 1 Intensity: 6.72 tCO2e/$MAlamo GroupYear: 2024Scope 1: 22,924 tCO2eRevenue: $M 1,629Scope 1 Intensity: 14.08 tCO2e/$MOshkoshYear: 2024Scope 1: 70,000 tCO2eRevenue: $M 10,730Scope 1 Intensity: 6.52 tCO2e/$MBoeingYear: 2024Scope 1: 517,000 tCO2eRevenue: $M 66,517Scope 1 Intensity: 7.77 tCO2e/$MDeere & CoYear: 2024Scope 1: 353,900 tCO2eRevenue: $M 50,518Scope 1 Intensity: 7.01 tCO2e/$M

How does Deere & Co's GHG emissions intensity compare to its peers?

In 2024, Deere & Co reported a Scope 1 emissions intensity of 7.01 tCOâ‚‚e per millions USD. Compared to the peer group median of 6.94, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Deere & Co rank on GHG emissions intensity within its industry?

In 2024, Deere & Co ranked 13 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Deere & Co is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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.a

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%.a

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