Parker-Hannifin Corp

Common Name
Parker-Hannifin
Country
United States
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
61,120
Ticker
PH
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Parker Hannifin Corporation is a leading manufacturer in the motion and control technology sector, playing a pivotal role in the development and production of components and systems that enable precis...

Parker-Hannifin Energy Data Preview

In 2023, Parker-Hannifin disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Parker-Hannifin disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Parker-Hannifin also reported the types of energy sources as well as generation technologies, helping stakeholders evaluate Parker-Hannifin's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy 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 Energy Renewability

In 2023, Parker-Hannifin consumed a total of 7.12 million Gigajoules of energy across its operations. Of this total, 0.01% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 99.99% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Parker-Hannifin's Energy Renewability Rate

0%

How much of Parker-Hannifin's energy consumed is renewable?

In 2023, Parker-Hannifin consumed a total of 7.12 million Gigajoules of energy, of which 0.01% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Parker-Hannifin has considerable room to improve its energy sustainability strategy.

Are Parker-Hannifin's energy practices becoming more sustainable?

Since 2019, Parker-Hannifin's total energy consumption increased by 92,987.78%, including a 102,132.91% increase in 2023, reflecting a sustained rise in overall energy demand.

Over the same period, the share of renewable energy in Parker-Hannifin's consumption decreased by 99.77%, showing a recent negative trend in clean energy adoption.

Parker-Hannifin's Renewable vs Non-renewable Energy Over Time

7.83 M3.83 M171.27 k7.83 MGigajoules (GJ)20222023100%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Parker-Hannifin's Energy Consumption & Production Mix

In 2023, Parker-Hannifin disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Parker-Hannifin's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Parker-Hannifin's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(64.6%)Natural Gas(35.4%)

What are the main sources and generation technologies behind Parker-Hannifin's energy consumption?

In 2023, Parker-Hannifin's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (64.59%)
  • Natural Gas (35.41%)

How diverse is Parker-Hannifin’s energy consumption mix?

In 2023, Parker-Hannifin consumed energy from 2 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

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