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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 GHG Emissions Data Preview

In 2024, Parsons 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Parsons has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Parsons’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Parsons’s data sources below and access millions more through our Disclosure Search.

a. Parsons's ESG Data Spreadsheet 2024
a. Parsons's ESG Data Spreadsheet 2024

Insights into Parsons's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofParsons amounted to21,062metric 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 2023, the total operational greenhouse gas (GHG) emissions of Parsonsincreased by 4.38%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Parsons's Scope 1 Emissions Over Time

20192020202120222023202402.5 k5 k7.5 k10 ktCO2e-16%-6%+12%+13%+11%
  • Total Scope 1
  • Year-over-Year Change

What are Parsons's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Parsons were 9,806 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Parsons reduced its Scope 1 emissions over time?

Since 2019, Parsons's Scope 1 emissions have increased by 10.53%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Parsons's Scope 1 emissions increased by 10.95%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Parsons's Scope 2 emissions?

In 2024, Parsons reported Scope 2 greenhouse gas (GHG) emissions of 2,734 tCOâ‚‚e using the market-based method and 11,256 tCOâ‚‚e using the location-based method.a

Has Parsons reduced its Scope 2 emissions over time?

Since 2019, Parsons's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 26.14%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Parsons's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Parsons's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Parsons use for Scope 2 reporting?

In 2024, Parsons reported its Scope 2 emissions using the market-based method and using the location-based method.a

Parsons's Scope 2 Emissions Over Time

20192020202120222023202404 k8 k12 k16 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Parsons's Value Chain Emissions

In 2024, Parsons reported 904,230 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Parsons includes a breakdown across 4of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Parsons's Scope 3 Emissions Over Time

2019202020212022202320240250 k500 k750 k1 MtCO2e-10%-19%-4%+157%+23%
  • Total Scope 3
  • Year-over-Year Change

What are Parsons's Scope 3 emissions?

In 2024, Parsons reported total Scope 3 emissions of 904,230 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Parsons reduced its Scope 3 emissions over time?

Since 2019, Parsons's Scope 3 emissionshave increased by 120.54%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Parsons's Scope 3 emissions increased by 23.45%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Parsons disclose?

In 2024, Parsons reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Parsons's Scope 3 emissions?

In 2024, the largest contributors to Parsons's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 841,441 tCOâ‚‚e(93.06%)
  • Employee Commuting (Cat. 7): 33,743 tCOâ‚‚e(3.73%)
  • Business Travel (Cat. 6): 24,171 tCOâ‚‚e(2.67%)

Parsons's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(93.1%)Employee Commuting(Cat. 7)(3.7%)Business Travel(Cat. 6)(2.7%)

Insights into Parsons’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Parsons reported Scope 1 greenhouse gas (GHG) emissions of 9,806 tCOâ‚‚e and total revenues of USD 6,751 millions. This translates into an emissions intensity of 1.45 tCOâ‚‚e per millions USD.a

Parsons's Scope 1 Emissions Intensity Compared to Peers

1001,00010,00050,000500,000Scope 1 Emissions (tCO2e)5002,00010,00050,000200,000Revenues (Millions of USD)TNXerox HoldingsYear: 2024Scope 1: 65,156 tCO2eRevenue: $M 6,221Scope 1 Intensity: 10.47 tCO2e/$MFISYear: 2024Scope 1: 8,888 tCO2eRevenue: $M 10,126Scope 1 Intensity: 0.88 tCO2e/$MLeidos HoldingsYear: 2024Scope 1: 69,612 tCO2eRevenue: $M 16,662Scope 1 Intensity: 4.18 tCO2e/$MCognizant Technology SolutionsYear: 2024Scope 1: 8,639 tCO2eRevenue: $M 19,737Scope 1 Intensity: 0.44 tCO2e/$MTTTTEC HoldingsYear: 2024Scope 1: 1,449 tCO2eRevenue: $M 2,208Scope 1 Intensity: 0.66 tCO2e/$MInternational Business MachinesYear: 2024Scope 1: 66,000 tCO2eRevenue: $M 62,756Scope 1 Intensity: 1.05 tCO2e/$MBeldenYear: 2024Scope 1: 9,976 tCO2eRevenue: $M 2,461Scope 1 Intensity: 4.05 tCO2e/$MCACI InternationalYear: 2023Scope 1: 4,012 tCO2eRevenue: $M 6,703Scope 1 Intensity: 0.60 tCO2e/$MNNNCR VoyixYear: 2023Scope 1: 43,376 tCO2eRevenue: $M 3,830Scope 1 Intensity: 11.33 tCO2e/$MSanminaYear: 2021Scope 1: 137,418 tCO2eRevenue: $M 6,738Scope 1 Intensity: 20.39 tCO2e/$MGartnerYear: 2024Scope 1: 904 tCO2eRevenue: $M 6,269Scope 1 Intensity: 0.14 tCO2e/$MCDWYear: 2023Scope 1: 3,538 tCO2eRevenue: $M 21,378Scope 1 Intensity: 0.17 tCO2e/$MKyndryl HoldingsYear: 2025Scope 1: 37,834 tCO2eRevenue: $M 15,057Scope 1 Intensity: 2.51 tCO2e/$MConcentrixYear: 2023Scope 1: 10,708 tCO2eRevenue: $M 7,115Scope 1 Intensity: 1.51 tCO2e/$MScience Applications InternationalYear: 2023Scope 1: 715 tCO2eRevenue: $M 7,445Scope 1 Intensity: 0.10 tCO2e/$MUnisysYear: 2024Scope 1: 438 tCO2eRevenue: $M 2,008Scope 1 Intensity: 0.22 tCO2e/$MExlservice HoldingsYear: 2024Scope 1: 1,454 tCO2eRevenue: $M 1,838Scope 1 Intensity: 0.79 tCO2e/$MIngram Micro HoldingYear: 2024Scope 1: 8,847 tCO2eRevenue: $M 47,977Scope 1 Intensity: 0.18 tCO2e/$MConduentYear: 2024Scope 1: 17,927 tCO2eRevenue: $M 3,356Scope 1 Intensity: 5.34 tCO2e/$MDXC TechnologyYear: 2025Scope 1: 17,273 tCO2eRevenue: $M 12,871Scope 1 Intensity: 1.34 tCO2e/$MBroadridge Financial SolutionsYear: 2024Scope 1: 12,150 tCO2eRevenue: $M 6,507Scope 1 Intensity: 1.87 tCO2e/$MFiservYear: 2023Scope 1: 22,146 tCO2eRevenue: $M 19,093Scope 1 Intensity: 1.16 tCO2e/$MJack Henry & AssociatesYear: 2024Scope 1: 7,793 tCO2eRevenue: $M 2,216Scope 1 Intensity: 3.52 tCO2e/$MParsonsYear: 2024Scope 1: 9,806 tCO2eRevenue: $M 6,751Scope 1 Intensity: 1.45 tCO2e/$M

How does Parsons's GHG emissions intensity compare to its peers?

In 2024, Parsons reported a Scope 1 emissions intensity of 1.45 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.16, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Parsons rank on GHG emissions intensity within its industry?

In 2024, Parsons ranked 14 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Parsons is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Parsons's Total Carbon Footprint

In 2024, Parsons reported a total carbon footprint of 925,292 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 22.94% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Parsons's total carbon footprint was Scope 3 emissions, accounting for 97.72% of the company's total carbon footprint, followed by Scope 2 emissions at 1.22%.a

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