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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.
+19 vs industry average
Parsons’s score of 57 is higher than 68% 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 Scope 1, 2, and 3 greenhouse gas emissions of approximately 744.9 million kg CO2e in 2023. This comprised about 8.8 million kg CO2e from Scope 1 emissions, approximately 3.5 million kg CO2e from market-based Scope 2 emissions (11.3 million kg CO2e for location-based), and roughly 732.5 million kg CO2e from Scope 3 emissions.
In 2022, Parsons's total global emissions were approximately 292.7 million kg CO2e, with Scope 1 at about 7.8 million kg CO2e, market-based Scope 2 at roughly 10.7 million kg CO2e (10.9 million kg CO2e for location-based), and Scope 3 at around 284.9 million kg CO2e. In 2021, total global emissions were approximately 303.3 million kg CO2e, with Scope 1 at about 7.0 million kg CO2e, market-based Scope 2 at roughly 11.5 million kg CO2e (11.7 million kg CO2e for location-based), and Scope 3 at around 296.3 million kg CO2e.
Parsons has set several ambitious climate commitments. The company intends to submit targets to the Science Based Targets initiative (SBTi) for validation, aiming for an absolute 45% reduction in both Scope 1 and Scope 2 emissions, and a target for Scope 3 emissions, from a 2021 baseline to 2031, with net-zero greenhouse gas emissions no later than 2045.
Parsons Corporation has confirmed SBTi targets, committing to reach net-zero greenhouse gas emissions across the value chain by 2045. Their near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 50% by 2030 from a 2019 base year. They also aim to increase active annual sourcing of renewable electricity from 0% in 2019 to 100% by 2028. Furthermore, Parsons commits to reduce absolute Scope 3 GHG emissions by 30% by 2030 from a 2019 base year. For long-term targets, Parsons Corporation aims to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2045 from a 2019 base year, and absolute Scope 3 GHG emissions by 90% within the same timeframe. These targets are classified as consistent with reductions required to keep warming to 1.5°C.
2045
90% reduction in Scope 2
Parsons Corporation commits to reduce absolute scope 2 GHG emissions 90% by 2045 from a 2019 base year.
2030
50% reduction in Scope 2
Parsons Corporation commits to reduce absolute scope 2 GHG emissions 50% by 2030 from a 2019 base year.
2045
Parsons Corporation commits to reduce absolute scope 2 GHG e…
Parsons Corporation commits to reduce absolute scope 2 GHG emissions 50% by 2030 from a 2019 base year.
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Common questions about Parsons’s sustainability data and climate commitments
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