Impact

24-Point Score Improvement

Our efforts with Parker Hannifin resulted in a 24-point score improvement over two years. In the first year of support, we realized an 8-point score improvement, and in the second year, we saw a 16-point improvement. The improved score boosted its competitiveness, particularly in terms of sustainability and responsible business practices.

Compared to peers, Parker Hannifin outscored the industry average across all four EcoVadis themes–Environment, Labor and Human Rights, Ethics, and Sustainable Procurement. With the policies, goals, and improvement plan in place, Parker Hannifin is now better positioned to maintain and further improve its sustainability performance and realize the business value of sustainability.

Client Needs

Parker Hannifin, a global leading manufacturer of motion and control technologies, sought to improve its EcoVadis score and further develop its sustainability program. With an increasing emphasis on sustainable business practices in the global market, the company recognized the importance of elevating its sustainability performance and demonstrating its commitment through EcoVadis to align with industry standards and meet stakeholder expectations.

Approach and Solution

• EcoVadis Gap Assessment: We conducted an assessment of Parker Hannifin’s current sustainability practices to identify gaps and areas for improvement based on EcoVadis’ evaluation criteria. This helped us pinpoint specific areas that needed attention.
• EcoVadis Questionnaire Support: Our team worked directly with Parker Hannifin to complete and submit the EcoVadis questionnaire, ensuring that responses accurately reflect its commitment to sustainability and aligned with best practices.
• Strategic Recommendations: Based on our findings, we provided a set of strategic recommendations to support continued improvement in sustainability. This plan outlined specific actions to help Parker Hannifin enhance its sustainability practices, prepare for future EcoVadis assessments, and ensure sustained growth in its sustainability efforts.