Parker Hannifin, the global leader in motion and control technologies, has released its 2023 sustainability report. With the theme ‘Guided by Purpose’, the report highlights the success of Parker’s most recent actions to protect the environment, advance clean technologies, create safe industrial workplaces, and strengthen its communities.
The report also demonstrates Parker’s broad range of products and systems that are specifically designed to help customers across industrial, mobile and aerospace markets minimise their reliance on natural resources, increase efficiencies, and reduce carbon emissions. Approximately two thirds of its global technology portfolio are solutions that enable electrification, lightweighting, the adoption of cleaner and more efficient energy sources such as batteries, fuel cells and hydrogen, and other innovations that have a positive environmental impact.
“Parker’s legacy of corporate responsibility and sustainability-focused operations is reflected in our actions. We continue to enable our customers to innovate and make progress on their environmental commitments,” said chief executive officer, Jenny Parmentier. “I am proud to share the progress we have made in our Sustainability Report on behalf of all of our global team members, who continue to do the work every day to make our world cleaner, smarter and safer.”
Key achievements detailed in the report include:
• Keeping team members safe: Parker prioritises a shared commitment to safety excellence across its sites, which resulted in a 45% reduction in Recordable Incident Rate and a 33% reduction in Lost Time Incident Rate over the last five years. Collectively, Parker’s safety performance ranks in the top quartile among peer industrial companies.
• Reducing carbon impacts: Parker completed many on-site carbon reduction projects this fiscal year, including solar panel installations, lighting retrofits, HVAC system upgrades and other projects to lower its environmental footprint. These actions support Parker’s goals to reduce carbon from its operational footprint by 50% by 2030, and achieve carbon neutrality by 2040.
• Developing clean technologies: In FY23, more than 40% of Parker’s research and development was dedicated to expanding its interconnected clean technology portfolio, with a focus on electrification and the emergence of alternative fuels such as hydrogen and sustainable aviation fuels.
• Positively impacting communities: Together, Parker and the Parker Foundation contributed more than $9 million to charities that help strengthen communities around the world. The majority of these contributions supported causes that align with the Foundation’s three areas of focus: STEM Education, Community Needs and Sustainability.
Read more...Schneider Electric announces 2023 Global Alliance Partner Programme award winners Schneider Electric South Africa
News
Schneider Electric has announced the winners of the 2023 Global Alliance Excellence Awards. Throughout 2023, Schneider Electric’s Alliance Partners supported customers in the digitalisation of industrial automation, delivering value with innovative initiatives, solutions and services.
Read more...Custom containerised lubrication dispensing system
News
Bosch Rexroth Africa recently supplied and installed a customised environmentally friendly and dust-proof lubrication dispensing system for a leading earth-moving equipment supplier.
Read more...Siemens to acquire industrial drive technology business of ebm-papst Siemens South Africa
News
Siemens has signed an agreement to acquire the industrial drive technology business of ebm-papst. The business includes intelligent, integrated mechatronic systems in the protective extra-low voltage range and innovative motion control systems.
Read more...Bearings International fosters a segment strategy Bearings International
News
Bearings International has a segment approach to the market, which places an intentional focus on key industries in South and sub-Saharan Africa in a bid to optimise operations, enhance uptime, and drive business sustainability and increased profitability outcomes for customers.
Read more...Local robotics team’s journey to the world stage
News
In the heart of Cape Town, a group of young visionaries aged 12 to 17 is making waves in the world of robotics. Known as Texpand, this team from Pinelands has not only dominated the First Tech Challenge (FTC) in South Africa, but has also earned international acclaim for its innovative approach to engineering and problem solving.
Read more...RS Group expands by 10 000 products RS South Africa
News
RS South Africa has announced its Better World Claims Based Framework, enabling customers to select verified sustainable product alternatives. This provides suppliers with a standardised framework to accelerate the development and manufacture of more sustainable and responsible products.
Read more...IRP 2023 could reset SA’s social and economic problems
News
ACTOM recently held a webinar on the ‘Draft IRP2023 Impact on the Manufacturing Sector’. South Africa’s Draft Integrated Resource Plan 2023 is a key document that outlines a comprehensive strategy for addressing the country’s energy security challenges, while also setting out its transition to a diversified energy mix, including renewables.
Read more...Young scientists to showcase innovative research
News
Innovative South African research which includes a cost-effective triage test for real-time detection of TB and a nature-based technology that brings about environmental remediation, will be showcased at this year’s International Festival of Engineering, Science and Technology in Tunisia.
Read more...Moog takes a leadership position in lunar exploration
News
NASA is planning for a sustained human presence on the Moon, and resources such as water could eventually be harnessed from the lunar surface instead of being transported from Earth, and it has turned to industry to find ways to excavate and transport that icy regolith.
printer friendly version