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Farmer first. Future focused.

When we put farmers first, everything else falls into place. In 2023, we accelerated our Farmer-First strategy to provide farmers with more precision agriculture and clean technology solutions while planning for their future needs. This philosophy is integrated into our entire company, creating transformative results that have an immediate positive impact on farmers and our industry. 

Sustainability is woven into the fabric of our company

When farmers prosper, they seed benefits for all. They cultivate a sustainable source of food. They create jobs in rural communities. They play a vital role in environmental stewardship. Farmers’ contributions are integral, and thus we’ve integrated them into every aspect of our company to create solutions that empower farmers to continue their legacy of nurturing the land while sustainably feeding the world. 

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Products that promote sustainable outcomes

Precision Agriculture technology

Our investments in precision agriculture and research and development activities provide farmers with critical tools to adapt to a changing climate.

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Renewable 
energy machinery

We serve farmers with a choice of clean energy solutions, from electrifying lower-horsepower products to developing hydrogen- and biomethane-compatible powertrains. 

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AGCO’s 4 Strategic Pillars

Our sustainability strategies and actions continue to reflect our four sustainability pillars. These pillars guide our progress and help us continue to assess our performance as we move toward our goals. 

2023 Sustainability Highlights

We are doing our part to help farmers operate more sustainably by pushing ourselves to do the same. Here is a glimpse of how we continue to make progress:

Product Innovation

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100%

Existing AGCO Power engines fully compatible with hydrotreated vegetable oil diesel fuel

$594M

R&D and engineering investment in 2023, a ~60% increase over the past three years

6

Awards for sustainable, innovative products demonstrated at AGRITECHNICA, including the Fendt e107 V Vario winning Sustainable Tractor of the Year

72%

Renewable electricity use at manufacturing sites

11%

Reduction in energy intensity at manufacturing sites since 2021

ESG Performance At a Glance

AGCO Agriculture Foundation Logo

The AGCO Foundation launched in 2018 as a reaffirmation of our dedication to supporting farmers as they strive to feed our world. Through our efforts, we support various nonprofits as well as specific United Nations Sustainable Development Goals. Ultimately, we are focused on three main areas:

People With Plants

Nutrition & Sustainable Food Systems

   

Mom With Child & Food

Ag Education 
& Innovation

   

People and Machines

Community Development

   

Children on Farm

A Legacy of Progress

Sustainability is core to our business and our philosophy. Explore past sustainability reports to discover in-depth reporting and research that pushes farmers forward.

2023 CDP Report

2021 TCFD Report

2021 Sustainability Report

2020 Sustainability Report