Deere & Company
Primary Climate Goal
Deere & Company's target annual Scope 1 + 2 emissions for 2022 should be equal to 858 Kt = 15% * 1,009 Kt, according to the company's stated climate goal.
In order to achieve this goal, Deere & Company would need to reduce its emissions at least by 47 Kt per annum over the period from 2022 to 2022:
47 Kt = ( 858 Kt - 811 Kt ) / (2022 - 2021)
This translates into a +5.8% increase in 2022.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
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This target is most likely outdated and the company appears to have already achieved it
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
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.