AGCO Corporation

Georgia
Capital Goods

Risk Level:

Rating - Caution
Medium Risk

Summary:

AGCO Corporation has not terminated business relationships due to ideological beliefs or funded ideological groups hostile to freedom of expression. However, AGCO does not provide viewpoint protections for employees, and the company has embraced ESG practices, including some ESG-based climate advocacy. AGCO has pledged to re-evaluate its supplier network based on sustainability criteria. For these reasons, AGCO receives a Medium Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

AGCO Corporation has not publicly fired customers, suppliers, or vendors based on views or beliefs. However, AGCO Corporation integrates ESG into all of its business practices. The company has stated, “Embedding sustainability and ESG criteria in our purchasing decisions and in our management of suppliers and commodities is one of the strategic priorities of AGCO’s 2025 Purchasing Strategy” (1). AGCO Corporation is establishing new sourcing principles for critical components, emphasizing improved sustainability and innovation rather than basing supplier selection largely on commercial considerations as in the past (2).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

AGCO Corporation does not discriminate against religious organizations in its charitable giving (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

AGCO Corporation does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

AGCO Corporation integrates ESG into all of its business practices (1).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

AGCO Corporation does not use corporate funds to fund ideological causes or organizations hostile to freedom of expression.

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
N/A
Rationale

AGCO Corporation does not operate a PAC.

All links were last accessed and all information was updated on:
May 9, 2023

Company reports are intended for educational use only. Full Disclaimer

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