Deere & Company

Agricultural & Farm Machinery
DE
$ 421 0.58
Share price
$ 125 bn
Market Cap
$ 174 bn
Enterprise Value

Carbon footprint

4.7 Ton
GHG emissions per $ 1 mln investment
0.13x the weighted average for S&P 500
FY2021
How is this calculated?
-3.5%
YOY change in GHG emissions
Weaker than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

+5.8%
Proj. YOY change in GHG emissions (Scope 1 + 2)
FY2022
How is this calculated?

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This target is most likely outdated and the company appears to have already achieved it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
Deere & Company's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Deere & Company's GHG emissions (market-based) (Kt of CO2e)
Deere & Company's Carbon intensity (Tons per 1 USDm)

Deere & Company's carbon footprint

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.

Deere & Company also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Deere & Company commits to reduce absolute scope 1 and 2 GHG emissions 50% by FY2030 from a FY2021 base year*. Deere & Company also commits to reduce absolute Scope 3 GHG emissions from purchased goods and services and use of sold products 30% within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks.

Company environmental metrics

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