“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
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 $800,000to support dozens of local United Ways across the United States. The Parker Hannifin Foundationdonated nearly $6 millionto 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) by 27%.
- 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.
Aidan Gormley, Director, Global Communicationsand Branding 216/896-3258 email@example.com
Source: Parker-Hannifin Corporation