Parker Hannifin
Parker Hannifin Corporation, commonly known as Parker, is a leading global manufacturer headquartered in the United States. Established in 1917, the company has grown to become a key player in the motion and control technologies industry, with significant operations across North America, Europe, and Asia. Parker specialises in a diverse range of products and services, including hydraulic systems, pneumatic components, filtration systems, and sealing solutions. Their innovative approach and commitment to quality set them apart, making them a trusted partner in various sectors such as aerospace, automotive, and industrial manufacturing. With a strong market position, Parker Hannifin has achieved numerous milestones, including recognition for its sustainability initiatives and technological advancements. The company continues to drive progress in motion and control solutions, solidifying its reputation as an industry leader.
DitchCarbon Score
How does Parker Hannifin'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 Metal Fabrication 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
Parker Hannifin's score of 30 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Parker Hannifin's reported carbon emissions
In 2023, Parker Hannifin reported total carbon emissions of approximately 655,000,000 kg CO2e, comprising 127,000,000 kg CO2e from Scope 1 and about 528,000,000 kg CO2e from Scope 2. The company has set ambitious climate commitments, aiming for a 50% reduction in Scope 1 and Scope 2 emissions by 2030, using a 2019 baseline. Additionally, Parker Hannifin is targeting carbon neutrality across all scopes by 2040. In previous years, emissions data shows a consistent effort to manage carbon output. For instance, in 2022, total emissions were about 660,000,000 kg CO2e, with Scope 1 emissions at 117,000,000 kg CO2e and Scope 2 emissions at approximately 522,886,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, with a notable decrease in emissions from 2019 to 2023. Parker Hannifin's initiatives reflect a proactive approach to climate change, aligning with industry standards and expectations for sustainability. The company's long-term vision includes significant reductions in emissions, contributing to global efforts to combat climate change.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 134,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 670,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 5,041,648,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
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.
Parker Hannifin 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.
