Parsons Corp

Common Name
Parsons
Country
United States
Sector
Technology
Industry
Information Technology Services
Employees
20,000
Ticker
PSN
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Parsons Corporation is a prominent player in the engineering and construction services sector. It provides solutions across various market segments, including defense, intelligence, security, and infr...

Parsons's Climate Target Data Preview

As of 2023, Parsons has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 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 Parsons ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

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 Parsons's Greenhouse Gas Emissions Pathways

As of 2023, Parsons 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 Parsons have a target to reduce the emissions from its operations?

As of 2023, Parsons has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Parsons's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 23,635 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, Parsons is ahead of schedule on its operational emissions reduction target, having achieved 95.78% of the planned reduction.

Parsons's Operational (Scope 1+2) Emissions Pathway

20192023203006 k12 k18 k24 kBaselineCurrent (-48%)

Does Parsons have a target to reduce the emissions from its value chain?

As of 2023, Parsons has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 4 out of the 15 Scope 3 categories defined by the GHG Protocol.

Parsons's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 410,004 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

Instead of reducing value chain emissions, Parsons has increased them, with 2023 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.

Parsons's Value Chain (Scope 3) Emissions Pathway

2019202320300200 k400 k600 k800 kBaselineCurrent (+79%)Target 2030 (-30%)
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