ME NewsWire/Business Wire
DULUTH, Ga - Wednesday, October 1st 2014
AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, today announced the publication of its 2013 global Sustainability Report. “We continue to focus our business on high-tech solutions to help farmers satisfy the world’s growing need for food, fuel and fiber,” said Martin Richenhagen, Chairman, President and CEO of AGCO. “As part of this focus, we are committed to fundamental changes in our operations rather than short-term fixes as we work toward achieving our long-term sustainability targets.”
The 2013 Sustainability Report is an executive summary that provides an overview of AGCO’s progress highlights in environmental and social challenges, with a focus on:
REDUCING OUR FOOTPRINT FROM FACTORY TO FARM
An increase in our remanufactured parts business not only enhances our product stewardship, but also supports farmers with better parts availability.
COLLABORATING FOR CHANGE
Detailed action plans to continue to manage the social risks in our purchasing actions.
ENGAGING OUR CLOSEST STAKEHOLDERS
Continued improvement of our safety performance through a new “Focus” program.
AGCO’s sustainability objectives were developed to provide the biggest impact as we prioritize the pressing global economic, environmental and social issues facing AGCO’s stakeholders. Aligning with the Global Reporting Initiative™ (GRI) 3.1 reporting guidelines, the report gives a transparent update on performance to date in relation to AGCO’s sustainability goals.
AGCO’s 2013 Sustainability Report is available at http://bit.ly/AGCOsustainability2013.
AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery. AGCO supports more productive farming through a full line of tractors, combines, hay tools, sprayers, forage equipment, grain storage and protein production systems, tillage implements and replacement parts. AGCO products are sold through five core machinery brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra® and are distributed globally through approximately 3,100 independent dealers and distributors in more than 140 countries worldwide. Founded in 1990, AGCO is headquartered in Duluth, GA, USA. In 2013, AGCO had net sales of $10.8 billion. www.AGCOcorp.com
Rebecca Fabian, +1-646-415-8518
Greg Peterson, 770-232-8229