Parsons

Parsons, a US-based company in the Computer and related services industry, has outlined significant climate commitments and reported its carbon emissions.

Carbon Emissions Data:

In 2023, Parsons reported total global emissions of approximately 794.4 million kg CO2e. This figure comprises:

• Scope 1: Approximately 8.8 million kg CO2e.
• Scope 2 (Market-based): Approximately 3.5 million kg CO2e.
• Scope 3: Approximately 732.5 million kg CO2e, with the largest contribution from purchased goods and services (approximately 673.9 million kg CO2e), followed by employee commute (approximately 30 million kg CO2e) and business travel (approximately 24 million kg CO2e).

In 2022, the company's total global emissions were approximately 301.2 million kg CO2e, consisting of:

• Scope 1: Approximately 7.8 million kg CO2e.
• Scope 2 (Market-based): Approximately 10.7 million kg CO2e.
• Scope 3: Approximately 284.9 million kg CO2e, with purchased goods and services accounting for approximately 236.1 million kg CO2e.

Climate Commitments and Reduction Targets:

Parsons has set ambitious targets to address its environmental impact. Key commitments include:

• Net-Zero Emissions: The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2045.
• Science-Based Targets initiative (SBTi): Parsons has committed to SBTi validation, including:
  • An absolute reduction of 50% in Scope 1 and Scope 2 GHG emissions by 2030, from a 2019 baseline.
  • An absolute reduction of 90% in Scope 1 and Scope 2 GHG emissions by 2045, from a 2019 baseline.
  • An absolute reduction of 30% in Scope 3 GHG emissions by 2030, from a 2019 baseline.
  • An absolute reduction of 90% in Scope 3 GHG emissions by 2045, from a 2019 baseline.
• Renewable Electricity: A commitment to increase the active annual sourcing of renewable electricity from 0% in 2019 to 100% by 2028.

Historically, Parsons had a target to reduce absolute Scope 1 and Scope 2 GHG emissions by 20% by 2025, from a 2019 baseline.