The report highlights AGCO's commitment to sustainability and its progress in 2022. The company exceeded its Scope 1 and 2 target for decarbonizing its manufacturing operations by 31%, reducing emissions intensity three years ahead of schedule. AGCO also expanded its renewable energy use to 36% and its renewable electricity use to 63%. Other notable highlights include the launch of Radicle Agronomics, a set of soil-sampling and soil-analysis tools, and the investment in OptiFarm, a precision-livestock company that uses proprietary software to help farmers create the best environment for their animals. AGCO also made significant progress in advancing employee health, safety, and well-being, and the company is committed to investing in new technologies and initiatives that will help the company achieve its sustainability goals.
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AGCO Corp 2022 Sustainability Report
Issuing Company AGCO Corp
Report Type Sustainability Report
Report Language EN
Report Filesize 7.74 MB
No. of Pages 81 pages
Reporting periodJanuary 1, 2022-December 31, 2022
Report EditionUnknown
Assurance Provider Unknown
Reporting Standards GRI; SASB; TCFD; others
Materiality Assessmenttrue