Parker’s Fiscal Year 2025 Sustainability Report Demonstrates Purpose in Motion

Core Insights - Parker Hannifin Corporation has released its fiscal year 2025 Sustainability Report, themed "Purpose in Motion," emphasizing the company's commitment to enabling engineering breakthroughs for a better tomorrow [1][3]. Group 1: Safety Initiatives - The company has achieved a 52% reduction in recordable incidents compared to the FY19 baseline, with 81% of all sites reporting zero recordable incidents in FY25, ranking in the top quartile of the industrial sector [6]. - Over 37,000 team members participated in High Performance Teams, enhancing shared learning and leadership development [6]. Group 2: Clean Technologies - Parker collaborates with customers to create lighter, more efficient solutions, focusing on electrification, clean energy systems, and alternative fuels [6]. - The report highlights Parker's market-driven approach to innovation and sustainable product development [6]. Group 3: Carbon Emissions Reduction - Since FY19, Parker has initiated over 1,300 projects aimed at reducing its energy footprint, resulting in a 36% reduction in Scope 1 and Scope 2 emissions from FY19 to FY24 [6]. Group 4: Supplier Engagement - The company has introduced a new Supplier Engagement Target program aligned with SBTi, focusing on enhancing emissions data, reporting, and capacity among key suppliers [6]. Group 5: Community Investment - In FY25, Parker and the Parker Foundation contributed over $13 million in charitable donations, with team members performing approximately 23,000 hours of community service [6].