Add the carrots, water, butter, dark brown sugar, and honey to a 10-inch skillet over medium heat. Cover and cook for 8-10 minutes, stirring occasionally to keep the carrots from scorching.
Remove the lid and increase the heat to medium-high. Continue stirring occasionally for another 8-10 minutes, or until the carrots are fork tender and the brown sugar mixture reduces and thickens. Stir in the cracked black pepper. Garnish with the chopped fresh leaf parsley. Serve while hot.
Ensure your baby carrots are patted dry before adding them to the pan to help the glaze adhere better.