John Deere & Company, a US-based agribusiness supplier of agricultural, construction, and forestry equipment and financing, has released its 2022 Sustainability Report, outlining its progress toward delivering sustainable solutions.

According to the 2022 Sustainability Report, Deere is making headway to deliver focused, measurable goals to make the company more efficient, profitable, and sustainable.

Technology

Solutions range from the See & Spray Ultimate precision spraying technology, which can reduce herbicide application by more than two-thirds, to several battery-electric vehicles in various stages of development, including a residential zero-turn mower, an excavator, and mini-pavers and tandem rollers.

ExactShot, Deere’s new on-planter fertiliser system optimises fertiliser usage by registering when individual seeds are planted, and spraying the precise amount of starter fertiliser directly onto the seed as it goes into the soil. ExactShot can reduce the amount of starter fertiliser used by up to 60% and decrease the risk of fertiliser runoff into nearby waterways.

In 2022, the company achieved a 29% cumulative reduction of operational greenhouse gas emissions since 2017, far surpassing its original goal of 15%.

John Deere increased its waste recycling to 84% and surpassed its 2022 renewable electricity goal of 50%. With a focus on reducing the environmental impact of the company’s complete value chain, Deere committed to science-based Scope 1, 2, and 3 greenhouse gas reduction targets, which were validated during the year by the Science Based Targets initiative (SBTi).

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

Tick here to opt out of curated industry news, reports, and event updates from Leasing Life.

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The company said it is investing in alternative power solutions across its broad portfolio of products, such as electrification, hybrid technology, and biofuels, to deliver on its goal of reducing tailpipe emissions.

John C. May, chairman and CEO of John Deere, said: “We’re focused on providing customers with solutions that are both economically and environmentally sustainable. Solutions like See & Spray Ultimate and ExactShot use advanced technology to do exactly this, reducing input costs while also lowering greenhouse gas emissions.”

John Deere & Company provides financing through John Deere Financial.

Agri farming, financing and digital disruption

Thiel exits Lectura after 14 years for Invigors