AGCO Corporation.
AGCO.US | Manufacture of agricultural and forestry machinery
AGCO Corporation is a global leader in the design, manufacture, and distribution of agricultural machinery and solutions. The company offers a full range of tractors, combines, hay tools, sprayers, forage equipment, tillage equipment, planting and seeding equipment, and grain storage and protein pro...Show More
Better Health for All
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AGCO's core business of manufacturing agricultural machinery and solutions contributes to global food security and enables farmers to optimize yields, which are fundamental to human health. The company's Fendt brand also developed an ErgoSteer joystick to promote ergonomic working conditions for users.
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AGCO demonstrates strong efforts in mitigating health externalities, with 75% of its manufacturing sites using 100% renewable electricity, 94% of nonhazardous waste diverted from landfills in 2024, and a 15% reduction in absolute water withdrawals.
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The company has set objectives to reduce Scope 1 and Scope 2 emissions by 55% by 2033 and 90% by 2050.
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For mental health, AGCO provides comprehensive programs, including six free therapy sessions per year for all employees and their family members through Spring Health, and launched new partnerships in 2024 to enhance farmer mental health and wellbeing.
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KPIs such as price accessibility, healthcare workforce support, healthcare data responsibility, pharma patent flexibility, addiction mitigation, and clinical trial ethics are not applicable to AGCO's business model. Other KPIs were omitted due to a lack of specific quantitative data required by the rubric.
Fair Money & Economic Opportunity
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AGCO's core business is the manufacture and distribution of agricultural machinery, not financial services. Consequently, KPIs related to financial products, lending practices, and customer financial outcomes are not applicable to its core operations. The AGCO Agriculture Foundation, a philanthropic arm, provides grants for agricultural development and youth innovation, supporting farmers in 16 countries
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and reaching 55,000 people directly and 300,000 indirectly.
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However, these are philanthropic grants, not financial services like loans or deposits, and thus do not fall under the scope of financial inclusion metrics such as loan book share, APRs, or customer debt ratios. The company does not operate financial service access points, generate customer finance data, or offer consumer credit products.
Fair Pay & Worker Respect
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AGCO achieved a Total Case Incident Rate (TCIR) of 0.89, demonstrating strong safety performance.
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The company's voluntary employee turnover rate was 6.9%.
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Employee engagement, based on its annual 'Voices' survey, was 67% for all office and shop floor employees.
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The CEO to median employee pay ratio for the 2024 fiscal year was 265:1.
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Fair Trade & Ethical Sourcing
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No evidence available to assess AGCO Corporation on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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AGCO has a robust whistleblower policy, featuring an Alertline administered by an independent third party, available 24/7, which allows for anonymous and confidential reporting.
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The company explicitly prohibits retaliation against anyone reporting concerns, and reports are promptly, impartially, and confidentially investigated with appropriate action taken.
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AGCO maintains a long-standing, comprehensive anti-corruption policy that strictly prohibits bribery and facilitation payments.
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This policy applies to all employees, officers, directors, subsidiaries, and majority-owned affiliates, and encourages non-controlled affiliates and third parties to adopt it.
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Employees are responsible for strong due diligence on third parties, and suppliers must comply with anti-corruption laws, including the US Foreign Corrupt Practices Act.
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In the past five years, AGCO had one financial restatement in 2025, related to the divestiture of its Grain & Protein business, with recast segment information filed with the SEC.
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Kind to Animals
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The provided articles do not contain specific, quantifiable data points for AGCO.US across the 'Kind to Animals' KPIs. AGCO's core business is the manufacture and distribution of agricultural machinery and solutions, not direct animal husbandry, animal testing, or the use of animal-derived ingredients in its own products. While the company offers products and invests in technologies aimed at improving animal welfare for its farming customers
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, and has an animal welfare advisory panel
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, the evidence does not provide metrics on AGCO's own operations or products regarding cruelty-free certifications, non-animal testing, humane certifications for its own facilities, ethical input substitution, supplier welfare audits, cage-free sourcing percentages, animal testing policies or volumes, R&D investment specifically for animal-free alternatives, or public policy engagement on animal welfare.
No War, No Weapons
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No specific, quantifiable data points were found in the provided articles that directly relate to AGCO Corporation's involvement with arms manufacturing, military contracts, dual-use technologies, or specific peacebuilding investments as a percentage of company revenue. The articles primarily detail the philanthropic activities and donations of the AGCO Agriculture Foundation, focusing on food security, sustainable agriculture, and community development, but do not provide the necessary financial or operational metrics for scoring against the 'No War, No Weapons' rubric.
Planet-Friendly Business
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AGCO diverts 95% of waste generated from manufacturing from landfills.
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The company has reported no environmental compliance violations, regulatory actions, or fines.
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Respect for Cultures & Communities
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The provided articles do not contain specific quantitative data points required to assess AGCO.US against any of the 'Respect for Cultures & Communities' KPIs. While mentions the AGCO Agriculture Foundation's philanthropic activities, including 37 funded projects
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and donations totaling $900,000 to Brazil and Rural Aid Australia,
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this information does not provide percentages of company revenue, specific numbers of formal partnerships with indigenous or local community groups, or details on cultural impact assessments, grievance mechanisms, or cultural preservation investments. and discuss general commitments to diversity and inclusion but lack any measurable metrics relevant to the rubric.
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Safe & Smart Tech
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AGCO experienced a ransomware attack on May 5, 2022, which resulted in data exfiltration.
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While the scope and consequences of the data loss were being evaluated, the company stated that no retail operations or consumer data were affected.
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This constitutes a rare unauthorized data use incident. AGCO has implemented internal governance processes for AI, including human oversight, to ensure responsible and ethical use, compliance with applicable laws, and respect for privacy, fairness, and accountability.
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The company also mentions human oversight to minimize AI risks and ensure transparency.
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AGCO outlines comprehensive user rights, including access, correction, deletion, objection, erasure, and data portability, and allows users to unsubscribe from newsletters and revoke consent.
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The company commits to retaining personal information only for necessary periods, deleting or anonymizing it when no longer required.
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AGCO explicitly states compliance with various data protection laws, including GDPR and CCPA, across different regions.
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For authentication, the company emphasizes keeping access credentials safe and confidential, changing them frequently, and has password requirements for services like its vehicle configurator.
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Zero Waste & Sustainable Products
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AGCO diverted 94% of non-hazardous waste from landfills at its manufacturing sites in 2024.
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The company has a target to divert over 90% of non-hazardous waste from landfills by 2026.
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No regulatory actions, violations, fines, or compliance issues related to waste disposal were mentioned in the provided reports.
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