Parker-Hannifin - 1792 Exchange

Rating Overview

Parker-Hannifin is Medium Risk.

Parker-Hannifin Corporation is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. The company occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria	Risk Level
Cancellations	Medium Risk
Discriminatory Philanthropy	High Risk
Employment Protection	High Risk

Corporate Weaponization ⓘ

Corporate Governance and Public Policy Risk Levels
Criteria	Risk Level
Advocacy Bias	High Risk
Funding	Lower Risk
Political Actions	Lower Risk

Corporate Governance and Public Policy ⓘ

Rating Criteria Detail

Criteria Risk Level Rationale

Corporate Weaponization

Criteria:

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level:

Medium

Rationale:

Parker-Hannifin integrates ESG into its business practices. From its Supplier Code of Conduct: “Parker has strategically aligned environmental, social, and governance priorities to our purpose statement…..These strategic priorities include initiatives to further our Win Strategy goals and are integrated into the programs, policies, and procedures in multiple functional areas of the organization, including Operations, EHS, Supply Chain, Innovation, Human Resources, and Ethics and Compliance” (1). From its 2025 Sustainability Report: “Parker introduced a new Scope 3 emissions reduction target to focus on improving supplier emissions data, reporting and capacity where our influence is strongest…..Parker remains committed to taking action on Scope 3 emissions and will use the outcome of this engagement to inform future strategy and initiatives” (2). From its 2024 Proxy Statement: “[T]he Human Resources and Compensation Committee has incorporated ESG-related metrics into our Officer ACIP plan” (3). In 2025, Parker Hannifin removed ESG-related metrics from its executive compensation plan and incorporated Sustainability metrics tied to compensation in replacement. However, it remains unclear whether the underlying divisive corporate policies materially changed following the rebrand (4). The company promotes divisive sex and gender policies. Its Supplier Code of Conduct requires international vendors to include sexual orientation and gender identity in their nondiscrimination policy (5). However, Parker-Hannifin has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (6).

Criteria:

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level:

High

Rationale:

The Parker-Hannifin Foundation will not give to “religious organizations” (1)(2)(3).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

High

Rationale:

Parker-Hannifin operates a supplier diversity program. “Parker’s Supplier Diversity Program is committed to expanding the opportunities given to businesses owned, managed, and controlled by women, disabled people, veterans, racial and ethnic minorities, as well as small and disadvantaged businesses through the inclusion in the procurement process” (1). The company is an affirmative action employer. “Parker is an affirmative action/equal employment opportunity employer that extends its commitment beyond equal opportunity and nondiscriminatory practices to take positive steps to create an inclusive and empowered environment” (2). Parker-Hannifin does not provide viewpoint protections for its employees (3).

Corporate Governance and Public Policy

Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

High

Rationale:

Parker-Hannifin supports DEI within its business practices. From its 2024 Proxy Statement: “An inclusive environment is a core tenet of our values and one of our key measures of success within The Win Strategy. We have an ongoing commitment to an inclusive and welcoming workplace where everyone feels valued and adds value” (1). The company supports ESG within its business practices. From its 2024 Proxy Statement: “Our ESG program includes a range of initiatives around corporate social responsibility and sustainability, taking into account the interests of our key stakeholders, including our shareholders, team members, customers and communities. Issues that we focus on include, among others, workplace health and safety, climate risk, water conservation, human capital management, diversity, equity and inclusion, cybersecurity, and business ethics and compliance” (2). In 2025, Parker Hannifin rebranded its DEI/ESG language as Sustainability and Inclusion despite the rebranding, the underlying divisive corporate policies and practices appear to remain in place (3)(4). From its 2025 Sustainability Report: “Sustainability is a key component of the Win Strategy, as environmental, safety and inclusion strategies and measures are included as part of our overall goals for the company.” (5). The company hosts an Inclusion at Parker Series, which “Aims to enhance inclusive engagement across the company. Our goal is to strengthen our inclusive culture and help support our team members by emphasizing how and why they belong, matter and can make a difference at Parker.” (6).

Criteria:

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Lower

Rationale:

Parker-Hannifin has not used corporate funds to advance ideological causes, organizations, or policies (1).

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

Lower

Rationale:

Parker-Hannifin has not used its PAC donations for ideological purposes and does not report on its lobbying at this time (1)(2)(3).