The purpose of this study is to analyse the environmental benefits of precision agriculture technology adoption obtained from the mitigation of negative environmental impacts of agricultural inputs in modern farming. Our literature review of the environmental benefits related to the adoption of precision agriculture solutions is aimed at raising farmers' and other stakeholders' awareness of the actual environmental impacts from this set of new technologies. Existing studies were categorised according to the environmental impacts of different agricultural activities: nitrogen application, lime application, pesticide application, manure application and herbicide application. Our findings highlighted the effects of the reduction of input application rates and the consequent impacts on climate, soil, water and biodiversity. Policy makers can benefit from the outcomes of this study developing an understanding of the environmental impact of precision agriculture in order to promote and support initiatives aimed at fostering sustainable agriculture.