MOLINE,
Ill., Feb. 1, 2023 /CNW/ -- Deere & Company
(NYSE: DE) released its 2022 Sustainability Report, outlining the
company's progress toward delivering more sustainable solutions for
customers, employees, dealers, suppliers, shareholders, and
supported communities.
As seen in the report, Deere is making headway on the company's
Leap Ambitions, which are focused, measurable goals to make the
company and its customers more efficient, profitable, and
sustainable. Solutions range from the groundbreaking 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.
The cornerstone of Deere's Leap Ambitions journey is delivering
sustainable solutions to help its customers do more with less.
ExactShot™, Deere's new on-planter fertilizer system revealed
during CES® in January 2023,
optimizes fertilizer usage by registering when individual seeds are
planted, and spraying the precise amount of starter fertilizer
directly onto the seed as it goes into the soil. ExactShot can
reduce the amount of starter fertilizer used by up to 60% and
decrease the risk of fertilizer 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%. 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). Deere 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.
"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," said Deere's Chairman and Chief
Executive Officer John C. May.
"Additionally, Deere's people strategy prioritizes investing in our
people, ensuring we have the talent we need to continue innovating
for our customers."
Deere's full 2022 Sustainability Report also highlights the
company's work toward:
- Partnering with farmers to help them do more with less by
unlocking potential at the plant level
- Maximizing crop protection without compromising the
environment
- Extending the full life cycle of products through sustainable
product design and remanufacturing
- Reducing operational greenhouse gas emissions with energy
efficient and renewable technologies
- Addressing the hunger crisis affecting millions of people by
working with non-profits to increase fair and equitable food
distribution, and empowering smallholder farmers
- Recruiting and retaining diverse talent to create a more
equitable workplace and naming the company's first Chief People
Officer
About John Deere
Deere & Company (www.JohnDeere.com) is a global leader in
the delivery of agricultural, construction, and forestry equipment.
We help our customers push the boundaries of what's possible in
ways that are more productive and sustainable to help life leap
forward. Our technology-enabled products including John Deere
Autonomous 8R Tractor and tillage solution, See & Spray™, and
E-Power Backhoe are just some of the ways we help meet the world's
increasing need for food, shelter, and infrastructure. Deere &
Company also provides financial services through John Deere
Financial.
For more information on Deere & Company, visit us at
www.deere.com/en/news/.
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SOURCE Deere & Company