Parker’s Sustainability Report Highlights How Team Members are Leading With Purpose
June 16 2020 - 9:00AM
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 States.
- 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) 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 HannifinParker 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.
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- Parker Sustainability Report 2019
Media –
Aidan Gormley, Director, Global Communications and Branding
216/896-3258
aidan.gormley@parker.com
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