Parker-Hannifin Corp
Parker-Hannifin's GHG Emissions Data Preview
In 2023, Parker-Hannifin completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, Parker-Hannifin has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Verified Sources Behind Parker-Hannifin’s Greenhouse Gas (GHG) Emissions Data
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Insights into Parker-Hannifin's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Parker-Hannifin amounted to 655,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Parker-Hannifin decreased by 0.76%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Parker-Hannifin's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Parker-Hannifin's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Parker-Hannifin were 127,000 metric tons of CO₂ equivalent (tCO₂e). a
Has Parker-Hannifin reduced its Scope 1 emissions over time?
Since 2019, Parker-Hannifin's Scope 1 emissions have decreased by 5.22%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Parker-Hannifin's Scope 1 emissions increased by 8.55%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Parker-Hannifin's Scope 2 emissions?
In 2023, Parker-Hannifin reported Scope 2 greenhouse gas (GHG) emissions of 528,000 tCO₂e using the market-based method. a
Has Parker-Hannifin reduced its Scope 2 emissions over time?
Since 2019, Parker-Hannifin's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have decreased by 21.19%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Parker-Hannifin's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Parker-Hannifin 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Parker-Hannifin use for Scope 2 reporting?
In 2023, Parker-Hannifin reported its Scope 2 emissions using the market-based method. a
Parker-Hannifin's Scope 2 Emissions Over Time
- Total Scope 2 Market-Based
Insights into Parker-Hannifin’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Parker-Hannifin reported Scope 1 greenhouse gas (GHG) emissions of 127,000 tCO₂e and total revenues of USD 19,065 millions. This translates into an emissions intensity of 6.66 tCO₂e per millions USD. a
Parker-Hannifin's Scope 1 Emissions Intensity Compared to Peers
How does Parker-Hannifin's GHG emissions intensity compare to its peers?
In 2023, Parker-Hannifin reported a Scope 1 emissions intensity of 6.66 tCO₂e per millions USD. Compared to the peer group median of 6.94 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Parker-Hannifin rank on GHG emissions intensity within its industry?
In 2023, Parker-Hannifin ranked 11 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Parker-Hannifin is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a