Deere & Company

Industrial Machinery

$ 385 2.8

Share price

$ 118 bn

Market Cap

$ 160 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.18x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

FY2022

Deere & Company aims to reduce Scope 1 + 2 by 15% by 2022 from a base year 2017

This target is most likely outdated and the company appears to have already achieved it

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Deere & Company reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2021 at 811 Kt (-30 /-3.5% y-o-y). Also positively, carbon intensity dropped to 18 t (-5.2 /-22% y-o-y).

Deere & Company reported Scope 3 emissions for the the twelve months ending30 September 2021 at 112,453

The company is committed to reducing Scope 1 + 2 by 15% by 2022 from a base year 2017, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q3	811	403	408	112,453	44,024	18
2020Q3	841	344	497		35,540	24
2019Q3	977	389	589		39,258	25
2018Q3	1,025	386	581		37,358	27
2017Q3	1,009	345	596		29,738	34