Deere & Co

Lobbying Governance

AI Extracted Evidence Snippet Source

###### POLITICAL ENGAGEMENT REPORTING SCOPE AND ISSUANCE

At John Deere, we believe that participating in democratic political processes around the world and advocating for public policies that permit us to compete fairly and freely in the marketplace are vitally important to all our stakeholders. In whatever form it might take, our engagement in the political process is grounded in and guided by our firm commitment to strong corporate governance and global corporate citizenship.

John Deere engages in public policy advocacy around the world to underscore the responsibility of a global business to participate in our communities. We engage in public policies such as trade, agricultural and infrastructure development, and regulations that impact how John Deere operates around the world. We seek to promote policies that provide solutions to food security, rural broadband, rapid adoption of precision technologies, mechanization, infrastructure, renewable fuels and alternative power, and tax and financing access that impacts our customers, among other policies. As a part of these efforts, we engage with like-minded companies, non-governmental organizations (NGO), and associations as well as participate in public-private partnerships, to reach global audiences and policymakers.

**U.S. POLITICAL CONTRIBUTIONS**
In compliance with U.S. federal and state election laws, John Deere administers the John Deere Political Action Committee (JDPAC), a voluntary, nonpartisan initiative comprised of U.S. employees. JDPAC members voluntarily pool their personal financial contributions to support select federal and state office candidates who understand and support the business interests of our company, customers, employees, and stakeholders. Under federal law and company policy, participation in JDPAC is limited to eligible, salaried U.S. employees.

Except for administrative expenses, JDPAC is funded solely by the voluntary contributions of John Deere employees and is not supported by funds from John Deere itself. The company does not reimburse employees directly or indirectly for political contributions, including contributions to JDPAC.

Oversight of JDPAC's contributions and related activities is governed by its board, comprised of 13 John Deere employees from throughout our various business units. JDPAC does not engage in legislative matters or lobbying activity. Further, JDPAC does not seek to influence any particular vote through contributions.

JDPAC fully discloses all contributions made and received through reports filed with the Federal Election Commission and various state ethics commissions, as required by law. For transparency, John Deere posts an annual report on our website summarizing JDPAC contributions made in the most recent calendar year or election cycle, categorized by state, candidate, and amount. To view the annual report for the 2021–2022 election cycle, please click here.

https://www.deere.com/assets/pdfs/common/our-company/sustainability/sustainability-report-2022.pdf

Since 2009, the company has had a Climate Team (prior to 2021 the company had a Climate Change and Carbon Risks Team). The current team is composed of global representatives from Environmental, Agronomy, Public Affairs, Legal, Strategic Marketing, Energy, and Sustainability. Climate change risks and opportunities are reported to this team at the production system, division and company levels via quarterly meetings. This team monitors changes in climate science, technical issues such as land-based offset protocol developments, macro and sector level economics related to forestry and agricultural modelling, carbon and fuel prices, representative customer trade associations' positions, climate regulation and legislation globally, and other carbon marketplace news. The team discusses if the company or any division or facility should be doing anything differently and may include discussion of asset processes, company processes, or customer processes.

https://www.deere.com/assets/pdfs/common/our-company/sustainability/tcfd-2021.pdf

Since 2009, the company has had a Climate Team (prior to 2021 the company had a Climate Change and Carbon Risks Team). The current team is composed of global representatives from Production Systems, Agronomy, Economics, Environmental, Accounting, Public Affairs, Legal, Energy, and Sustainability. Climate change risks and opportunities are reported to this team at the production system, division and company levels via quarterly meetings. This team monitors changes in climate science, technical issues such as land-based offset protocol developments, macro and sector level economics related to forestry and agricultural modeling, carbon and fuel prices, representative customer trade associations' positions, climate regulation and legislation globally, and other carbon marketplace news. The team discusses if the company or any division or facility should be doing anything differently and may include discussion of asset processes, company processes, or customer processes.

https://www.deere.com/assets/pdfs/common/our-company/sustainability/tcfd-2022.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]During 2021, we organized a new Climate Team within the organization (replacing the previous Climate Change and Carbon Risk Team which had been in place since 2009), which is comprised of a cross functional team of individuals whose roles are responsible for action related to the various risks and opportunities that we have identified for our business related to climate change. This team monitors developments, quantifies risk and opportunities, develops action plans, and engages throughout the organization to ensure alignment and assess performance toward our goals and targets. Members of this team engaged in various activities such as quantifying our Scope 3 GHG emissions, setting Science Based Targets, executing a Carbon Market Pilot program with customers, and external engagement on policy and industry trends.

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]No, and we do not plan to have one in the next two years

CDP Questionnaire Response 2023