Parsons Sustainability Profile
Parsons Corporation, commonly referred to as Parsons, is a leading technology-driven solutions provider headquartered in the United States. Founded in 1944, the company has established a strong presence in various operational regions, including North America, the Middle East, and Asia. Specialising in engineering, construction, and cybersecurity, Parsons delivers innovative solutions across critical infrastructure, defence, and environmental sectors. With a commitment to sustainability and advanced technology, Parsons offers unique services such as smart city development and integrated security systems. The company has achieved notable milestones, including significant contracts with government agencies and private sector clients, solidifying its position as a trusted partner in the industry. Recognised for its expertise and innovative approach, Parsons continues to shape the future of infrastructure and security solutions globally.
DitchCarbon Score
How does Parsons'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 Computer 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
Parsons's score of 68 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Parsons's reported carbon emissions
In 2023, Parsons Corporation reported total greenhouse gas emissions of approximately 743,000 tonnes CO2e, comprising 8,838,000 kg CO2e from Scope 1, 3,479,000 kg CO2e from Scope 2 (market-based), and a significant 732,463,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions include substantial contributions from purchased goods and services (673,910,000 kg CO2e) and business travel (24,045,000 kg CO2e). Parsons has set ambitious climate commitments, aiming for a 20% reduction in absolute Scope 1 and Scope 2 emissions by 2025, based on a 2019 baseline. Additionally, they have committed to a long-term target of achieving net-zero greenhouse gas emissions across all scopes by 2045. This includes a 90% reduction in Scope 1 and Scope 2 emissions by 2045 and a 30% reduction in Scope 3 emissions by 2030. The company is also working towards increasing its sourcing of renewable electricity from 0% in 2019 to 100% by 2028. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Parsons' commitment to addressing climate change within the aerospace and defence sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 8,872,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 14,763,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 410,004,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Parsons's Industry?
How Carbon Intensive is Parsons's Location?
Parsons's Scope 3 Categories Breakdown
Parsons's Scope 3 emissions, which increased by 157% last year and increased by approximately 79% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 92% of Scope 3 emissions.
Top Scope 3 Categories
Parsons's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Parsons has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
