From engineering and manufacturing to distribution and services, as a global industrial leader it is critical that Parker recognizes the impact of its operations and the importance of acting responsibly with the planet’s natural resources.
Given the scope of Parker’s manufacturing operations, increasing energy efficiency represents a significant opportunity to reduce environmental impact. Since calendar year 2004, Parker has reduced its energy index (MWh/USD) by 54% and greenhouse gas index (MT/USD) by 50%. This included a 1.6% reduction in absolute energy consumption and a 2.3% reduction in carbon emissions in calendar year 2017.
Today Parker recycles more than 85% of the waste generated from its manufacturing operations, and the company continues to make progress towards its goal of reducing water use and the volume of waste sent to landfills by 20% between 2015 and 2020.
Since 2008, Parker has reported its energy and emissions data to the Carbon Disclosure Project (CDP). In 2018, Parker’s Climate Change Score ranked in the top quartile among its diversified industrial peer companies.