Parexel
Parexel International Corporation, commonly known as Parexel, is a leading global biopharmaceutical services provider headquartered in the United States. Founded in 1983, the company has established a strong presence in key operational regions, including Europe and Asia, delivering innovative solutions across the clinical research and regulatory consulting sectors. Specialising in drug development and regulatory affairs, Parexel offers a comprehensive suite of services that includes clinical trial management, biostatistics, and market access strategies. What sets Parexel apart is its commitment to advancing the development of new therapies while ensuring compliance with regulatory standards. With a robust market position, Parexel has achieved numerous milestones, including recognition for its excellence in clinical research. The company continues to play a pivotal role in the biopharmaceutical industry, helping clients navigate the complexities of bringing new drugs to market efficiently and effectively.
DitchCarbon Score
How does Parexel's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Research Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Parexel's score of 36 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Parexel's reported carbon emissions
In 2023, Parexel International Corporation reported total carbon emissions of approximately 298,365,000 kg CO2e. This figure includes 2,924,000 kg CO2e from Scope 1 emissions, 6,943,000 kg CO2e from Scope 2 emissions, and a significant 288,498,000 kg CO2e from Scope 3 emissions. Over the years, Parexel has demonstrated a commitment to reducing its carbon footprint. From 2022 to 2030, the company aims to achieve a 42% reduction in absolute Scope 1 emissions, using 2022 as the baseline year. Additionally, it has set a target to reduce absolute Scope 3 emissions by 25% within the same timeframe. Parexel is also committed to sourcing 100% renewable electricity annually through 2030. The company has pledged to reach net-zero emissions by 2050, encompassing all scopes of emissions. These initiatives align with industry standards and reflect Parexel's dedication to sustainable practices within the pharmaceuticals, biotechnology, and life sciences sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 15,510,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 11,632,000 | 00,000,000 | 0,000,000 | - | 0,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Parexel is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
