CLEVELAND, June 16, 2020 – Parker Hannifin Corporation (NYSE:PH), the global leader
in motion and control technologies, has released its 2019 Sustainability Report. Featuring
unique local initiatives that are helping to strengthen communities, conserve resources and
make a positive environmental impact at the local level, the report demonstrates how team
members around the world are living Parker’s purpose: Enabling Engineering Breakthroughs
that Lead to a Better Tomorrow.
“Even in these extraordinary and challenging times we are all facing together due to the
COVID-19 pandemic, Parker is committed to driving sustainable, long-term growth and
doing so in a way that makes the world a better place. This is our responsibility to our team
members, shareholders, customers and communities,” said Tom Williams, Chairman and
Chief Executive Officer. “As we move forward, we will continue to pursue new opportunities
to build on our strong foundation of environmental stewardship and social responsibility.”
Key achievements related to Parker’s sustainability initiatives detailed in the report include:
• Safety is a core value that all Parker team members share, and by driving an ownership
culture the company has reduced its Recordable Incident Rate by 61% over the past
five years, including a 24% reduction in 2019.
• The practice of volunteering and charitable giving is central to Parker’s culture, and with
matching contributions from the Parker Hannifin Foundation, this year team members
donated more than $800,000 to support dozens of local United Ways across the United
• The Parker Hannifin Foundation donated nearly $6 million to hundreds of qualified
charitable organizations with a focus on communities in need, education, disaster relief
and energy and water conservation.
• Given the scope of Parker’s manufacturing operations, increasing energy efficiency
represents a significant opportunity to reduce environmental impact. Since 2008, Parker
has reduced its energy index (MWh/USD) by 33% and greenhouse gas index (MT/USD)
• Today Parker recycles more than 85% of the waste generated from its manufacturing
operations, and is working to further reduce the volume of waste sent to landfills.
Learn more at www.parker.com/sustainability
About Parker Hannifin
Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more
than a century the company has been enabling engineering breakthroughs that lead to a better
tomorrow. Learn more at www.parker.com or @parkerhannifin.