Parker-Hannifin Corp
Parker-Hannifin's Climate Target Data Preview
As of 2024, Parker-Hannifin has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Parker-Hannifin ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Upstream Transportation and Distribution (Cat. 4) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Upstream Transportation and Distribution (Cat. 4) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2040 |
This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Parker-Hannifin's Greenhouse Gas Emissions Pathways
As of 2024, Parker-Hannifin has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
Does Parker-Hannifin have a target to reduce the emissions from its operations?
As of 2024, Parker-Hannifin has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Parker-Hannifin's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 804,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
As of 2023, Parker-Hannifin is ahead of schedule on its operational emissions reduction target, having achieved 46.52% of the planned reduction.
Parker-Hannifin's Operational (Scope 1+2) Emissions Pathway
Does Parker-Hannifin have a target to reduce the emissions from its value chain?
As of 2024, Parker-Hannifin has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol.
Parker-Hannifin's most ambitious value chain target is to reduce these emissions by 25% by 2040, compared to a baseline of 5,872,818 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
As of 2022, Parker-Hannifin is ahead of schedule on its value chain emissions reduction target, having achieved 23.92% of the planned reduction.