AGCO Corporation is a Humankind 100 company whose ranking is based on its Humankind Value, a proprietary metric that provides an estimate of the overall dollar amount a company creates for investors, consumers, employees, and society at large.
AGCO Corporation is a global leader in the design, manufacture, and distribution of agricultural machinery and precision agriculture technology. The firm designs, produces, and sells tractors, combines, foragers, hay tools, self-propelled sprayers, smart farming technologies, seeding, and tillage equipment.
(All values are in US Dollars, where M=Million, B=Billion, T=Trillion.)
The relatively stable and low prices, and thus profits, that result from our modern food systems are not reflective of the life-sustaining value of food. AGCO Corp. creates positive Humankind Value on the whole, with much of its positive value coming from Crop Production ($88.0 B), Economic Value ($3.9 B), and Medical Services ($857.2 M). Positive value from Crop Production is linked to an estimate of 1,826,146.8 equivalent years of life not lost to death or reduction in quality of life. It creates economic value by offering to consumers goods and services that they value, paying employees for their labor in producing these goods and services, and providing value for shareholders. However, there is room for improvement with respect to Calorie Conversion (-$18.8 B) and Air Pollution (-$5.4 B). Crop Production, Economic Value, Medical Services, Calorie Conversion, and Air Pollution are mostly or entirely a result of supply-chain relationships. For this firm, supply chain partners increase an already positive Humankind Value.