AGCO Releases 2021 Sustainability Report
Major Step Forward in Sustainability Includes Global Climate Risk Assessment
AGCO releases 2021 Sustainability Report. Farmer with tablet examines wheat crop. (Photo: Business Wire)
“In 2020, we established AGCO’s sustainability strategy and have made meaningful progress in 2021 against our goals,” said
The report shares insights into our sustainability transformation as we drive action across our four strategic priorities of advancing soil health and soil carbon sequestration through smart solutions; decarbonizing our operations and products; elevating employee health and safety; and prioritizing animal welfare in food production. It represents a significant step forward in measuring and demonstrating our progress against our goals and commitments set in 2020, including:
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Completing a global climate risk assessment and disclosing against the
Task Force on Climate-related Financial Disclosures (TCFD) framework in inaugural TCFD report. -
13% reduction in GHG emission intensity (scope 1 and 2) -
52% renewable electricity use, up from40% and32% renewable energy use, up from27% .
“Our 2021 Sustainability Report shows AGCO is committed to accelerating progress in sustainability into our design, manufacturing, and distribution of smart agricultural solutions across the entire value chain,” said
For more information on ACGO’s sustainability approach, please visit https://www.agcocorp.com/commitment/sustainability.html
About AGCO
AGCO (NYSE:AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers customer value through its differentiated brand portfolio including core brands like Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®. Powered by Fuse® smart farming solutions, AGCO’s full line of equipment and services help farmers sustainably feed our world. Founded in 1990 and headquartered in
Please visit our website at www.agcocorp.com.
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Press contact
Corporate Communications Director
aryn.drawdy@AGCOcorp.com
Source: AGCO