Leadership Message
Parker made significant progress toward our sustainability goals in FY24, building on a legacy of responsible corporate stewardship more than a century in the making. There was much to celebrate – from continued improvement in safety and environmental performance to the generosity demonstrated by Parker team members in supporting our communities across the globe.
EXPERT INSIGHTS
ESG Strategy
We recognize the need to maintain ongoing engagement with our stakeholders as we seek to continue our progress and better understand sustainability challenges in our industry and our communities. Stakeholder feedback informs our sustainability strategy, which was reviewed and updated in June 2024, and helps us prioritize our actions and measure our progress on our collective journey to a better future.
Our Priorities
Environment
Technology innovation and operations improvements are enabling a more sustainable future.
Social
Empowering our team members and strengthening our communities through Safety and CSR.
Governance
Our commitment to the highest governance standards is key to our success through company structure and ethics and compliance.
Supply Chain
Suppliers play a key role in our global initiatives, and we will continue to work with our suppliers to create a better tomorrow.
Clean Technologies
Breakthroughs that make the world cleaner, smarter and safer are made possible with Parker technologies. We partner with our customers to help solve the world’s most complex engineering challenges such as cleaner technologies, advancements in automation and increasing regulatory standards.
Electrification
Parker has the knowledge and experience to support the shift to a more electric future. Parker's decades of applications experience allows us to combine hydraulics with the efficiency of electric to create sustainable solutions. We create value through a system approach to meet the most demanding applications.
Hydrogen
Parker's experience helping customers solve for hydrogen's complexities dates to the '60s when our work helped land men on the moon. Today, by enabling safe, effective production of hydrogen technology, Parker is helping that same clean-energy technology power countless organizations.
Natural Gas
Parker's investment in and application of natural gas technologies is having a positive impact on our customers' ESG strategies and our energy-efficient future. We're reducing the carbon footprint of today's fleet and enabling greater and faster adoption of renewable, green energy sources.
Sustainable Air Fuel
As we move toward a clean, carbon-free future, sustainable aviation fuel (SAF) will become one of several alternative fuel solutions. Regardless of the base feedstock, Parker provides custom and standard products for fluid filtration, separation, transpiration cooling and many other applications.
Sustainability Performance Highlights
ESG Performance
EPA SmartWay Partner
Parker has been a member of the U.S. Enviornmental Protection Agency (EPA) SmartWay Transport Partnership since 2013
MSCI ESG Ratings
In 2024, Parker Hannifin received an MSCI ESG Rating of A.
Sustainability News
Rubber and Plastics Processing Industry Meets Sustainability Requirements
New Fuels on Horizon Could Power a New Era of Flight
How Hydrogen is Creating Carbon-Free Flight
New Technologies Improve Efficiency of Water and Wastewater Treatment
Related Documents
Sustainability Data - SASB
Parker’s Sustainability Report is aligned with the disclosure platform established by the Sustainability Accounting Standards Board (SASB) for the Industrial Machinery & Goods Industry.
All data correspond to Parker’s most recent fiscal year (July 1 through June 30), unless otherwise noted.
