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Parsons Corporation, commonly referred to as Parsons, is a leading player in the computer and related services industry, headquartered in the United States. Founded in 1944, the company has established a strong presence in various operational regions, focusing on innovative solutions in engineering, construction, and technology services.
Parsons is renowned for its expertise in cybersecurity, infrastructure, and environmental services, setting itself apart with cutting-edge technologies and a commitment to sustainability. The company has achieved significant milestones, including notable contracts with government and commercial clients, solidifying its market position as a trusted partner in complex projects. With a legacy of excellence and a forward-thinking approach, Parsons continues to drive advancements in the industry, making it a key player in shaping the future of technology and infrastructure.
+17 vs industry average
Parsons’s score of 55 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Computer Services has below-average carbon intensity
The Computer Services industry has reduced its overall emissions by 11% since 2018
Scope 3 accounts for ••• of total emissions.
Parsons, a US-based computer and related services company, reported total global greenhouse gas emissions of approximately 754.7 million kg CO2e in 2023. This comprised Scope 1 emissions of about 8.8 million kg CO2e, Scope 2 (market-based) emissions of approximately 3.5 million kg CO2e, and Scope 3 emissions of around 732.5 million kg CO2e. Key categories within Scope 3 included purchased goods and services (approximately 673.9 million kg CO2e), employee commute (approximately 29.9 million kg CO2e), and business travel (approximately 24.0 million kg CO2e).
Looking back, Parsons's total emissions have seen an increase from 2022, which stood at roughly 299.5 million kg CO2e (Scope 1: 7.8 million kg CO2e; Scope 2 market-based: 10.7 million kg CO2e; Scope 3: 284.9 million kg CO2e).
Parsons has set ambitious climate commitments, with Science Based Targets initiative (SBTi) validated targets. The company aims to achieve net-zero greenhouse gas emissions across its entire value chain by 2045, with a 2019 base year. For near-term reductions, Parsons commits to reducing absolute Scope 1 and Scope 2 GHG emissions by 50% by 2030 from a 2019 base year. Concurrently, they also aim to increase active annual sourcing of renewable electricity from 0% in 2019 to 100% by 2028. Additionally, Parsons plans to reduce absolute Scope 3 GHG emissions by 30% by 2030 from a 2019 base year. For long-term goals, by 2045, the company is committed to reducing absolute Scope 1 and Scope 2 GHG emissions by 90% and absolute Scope 3 GHG emissions by 90%, both from a 2019 base year.
2045
90% reduction in Scope 2
Parsons Corporation commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2045 from a 2019 base year.
2030
50% reduction in Scope 2
Parsons Corporation commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year.
2045
90% reduction in Scope 1
Parsons Corporation commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2045 from a 2019 base year.
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Common questions about Parsons’s sustainability data and climate commitments
Data year: 2023
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