Parseq

An ESG and Impact Case Study

Yorkshire
Invested in December 2022
Regionally based provider of business process outsourcing specialising in workflow solutions
Reducing carbon emissions and delivering environmental sustainability
  • Parseq measures its carbon footprint and has delivered an 18% reduction in Scope 1 & 2 carbon emissions in the first full year after Prefequity’s investment. Owing to offsets, the company is now carbon positive.
  • In 2023 the company developed a comprehensive five-year sustainability plan with environmental auditors, with a particular focus on the lifecycle of the supply chain and raw materials, operations, energy, maintenance, transportation and waste management. In September 2024, Parseq achieved 100% diversion from landfill.
Creating new, good quality jobs
  • Since our investment, the Parseq workforce has increased from 220 to 400 FTEs through both acquisitive and organic growth.
  • Parseq has been recognised as a real living wage employer and 100% of Parseq jobs are at or above the living wage.
Delivering a diverse and supportive workplace
  • Parseq has a strong commitment to diversity and equal opportunities demonstrated by the workforce make-up of 228 male/172 female. At 4%, the median gender pay gap is down c.20% since investment and is significantly lower than the UK median of 14.8% (Source: ONS 2023).
  • Parseq ensures that staff have access to a great work environment including training and a comprehensive mental health support service.