The talent, ambition and expertise of Parker team members is a powerful resource. By focusing their efforts through High Performance Teams and embracing an ownership mentality, team members drive our company forward and provide the foundation for sustained success.
In turn, Parker is committed to workplace safety and providing team members the resources, flexibility and autonomy to thrive both personally and professionally, and make a positive impact in the lives of those around them.
The safety of Parker team members is our highest priority. We have reduced our Recordable Incident Rate by 72% from 2015 to 2020. We are targeting to be best in our peer group by 2023 and to eliminate serious safety incidents by 2025.
High Performance Teams are fundamental in driving safety, and nearly all of our locations have a chartered Safety HPT. Nearly 90% of our team members participate in at least one HPT.
We strongly believe in empowering our team members to think as owners and take action to improve their areas of the business. Parker activates engagement through HPTs, which apply the expertise and perspective of team members who are closest to the product and customer to drive improvement throughout the company. More than 6,500 HPTs have already been established worldwide. This year our engagement scores increased to 75%, ranking within the top quartile among our proxy peers.
Throughout our history, we have been committed to building an inclusive workplace that respects every team member’s perspective. Our team members come from a diverse range of backgrounds, and their expertise is the driving force behind our growth and success.
We’ve also created four senior executive-led High-Performance Teams that rethink the way we attract and develop diverse team members. The actions we are taking are right for our company and, most importantly, right for our people.
Parker’s Corporate Social Responsibility strategy aims to address social, cultural, economic and environmental issues with an eye to the future impact on our communities.
Parker team members give generously and contribute thousands of volunteer hours to make a meaningful social impact and help those in need. We help to extend their impact through our Matching Gift Program, which has continued to expand over time.
Review our Equal Employment Opportunity disclosure chart, which contains data from USA Parker Team Members' voluntarily self-identification as of Dec. 31, 2021.