Parker Hannifin

Industrial Machinery

$ 391 1.9

Share price

$ 50 bn

Market Cap

$ 62 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.27x the weighted average for S&P 500

FY2022

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -8% weighted average for S&P 500

FY2023

Parker Hannifin aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019

This target has not been verified as science based according to SBTi

Secondary Climate Goal

Proj. YOY change in GHG emissions (Scope 3)

Stronger than the -6.2% weighted average for S&P 500

FY2021

Parker Hannifin aims to reduce Scope 3 by 15% by 2030 from a base year 2019

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Parker Hannifin reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 June 2022 at 580 Kt (-20 /-3.4% y-o-y). Also positively, carbon intensity plummeted to 37 t (-5.2 /-12.4% y-o-y).

Parker Hannifin's Scope 3 emissions took off to 6,646 Kt (+6,437/+3087% y-o-y). There has been no consistent trend in recent years.

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2019, which translates into the estimated reduction of -29 Kt per annum over the period of FY2023 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to reducing Scope 3 by 15% by 2030 from a base year 2019, which translates into the estimated reduction of -647 Kt per annum over the period of FY2021 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q2	580				15,862	37
2021Q2	600				14,348	42
2020Q4	505	88	417	6,646	13,505	37
2020Q2	618				13,696	45
2019Q4	487	66	421	209	14,201	34
2019Q2	703				14,320	49
2018Q4	558	77	481	218	14,518	38
2017Q4	566	64	502	23	13,351	42
2016Q4	566	64	502		11,200	51