{"id":26698,"date":"2023-12-04T07:32:00","date_gmt":"2023-12-04T12:32:00","guid":{"rendered":"https:\/\/www.parsons.com\/?p=26698"},"modified":"2023-12-03T17:37:51","modified_gmt":"2023-12-03T22:37:51","slug":"sp-dow-jones-and-msci-change-parsons-gics-code-to-research-and-consulting-services","status":"publish","type":"post","link":"https:\/\/www.parsons.com\/2023\/12\/sp-dow-jones-and-msci-change-parsons-gics-code-to-research-and-consulting-services\/","title":{"rendered":"S&amp;P Dow Jones and MSCI Change Parsons\u2019 GICS Code to Research and Consulting Services"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"780\" height=\"419\" src=\"https:\/\/www.parsons.com\/wp-content\/uploads\/2023\/03\/generic_press_release_graphic_1.jpg\" alt=\"Globe Generic Press Release Cover\" class=\"wp-image-24328\" srcset=\"https:\/\/www.parsons.com\/wp-content\/uploads\/2023\/03\/generic_press_release_graphic_1.jpg 780w, https:\/\/www.parsons.com\/wp-content\/uploads\/2023\/03\/generic_press_release_graphic_1-300x161.jpg 300w, https:\/\/www.parsons.com\/wp-content\/uploads\/2023\/03\/generic_press_release_graphic_1-768x413.jpg 768w\" sizes=\"(max-width: 780px) 100vw, 780px\" \/><\/figure>\n\n\n\n<p>CHANTILLY, Va., (Dec. 4, 2023) \u2013 Parsons Corporation (NYSE: PSN) announced today that S&amp;P Dow Jones Indices (a division of S&amp;P Global) and MSCI recently changed the company\u2019s Global Industry Classifications Standard (GICS\u00ae) Code to Research and Consulting Services acknowledging the company\u2019s status as a leading professional services provider.<\/p>\n\n\n\n<p>This change is an important step in Parsons\u2019 commitment to environmental, social, and governance (ESG), enabling the company to maintain the highest standards of performance, accuracy, and transparency while achieving its climate goals. ESG is central to the company\u2019s business and culture, underpinning Parsons\u2019 core values, mission, and operations.<\/p>\n\n\n\n<p>\u201cThis is important recognition for Parsons as a whole, above and beyond impacts to our ESG targets and initiatives,\u201d said Mark Van Andel, vice president of ESG for Parsons. \u201cThis will help align our stakeholders on material goals and move our Cultivating A Responsible Enterprise strategy forward, which is at the heart of our company\u2019s core values and a primary driver of why we deliver innovative, sustainable solutions that deliver a better world. This milestone strengthens our mission as we continue to uphold our reputation as a company that truly does good work while providing value to our customers, shareholders, and the communities where we live, work, and play.\u201d<\/p>\n\n\n\n<p>In 1999, S&amp;P Dow Jones Indices and MSCI created GICS\u00ae to establish a global standard for classifying companies into industries and sectors. These two global index providers developed GICS in response to the global financial community\u2019s necessity for a single comprehensive set of global sector and industry definitions.<\/p>\n\n\n\n<p>Since the company\u2019s IPO in 2019, Parsons has experienced significant organic growth as well as growth through M&amp;A, broadening the company\u2019s service offerings across its Critical Infrastructure and Federal Solutions segments.<\/p>\n\n\n\n<p>Read more about Parsons\u2019 commitment to ESG at <a href=\"https:\/\/www.parsons.com\/care\/\">https:\/\/www.parsons.com\/care\/<\/a>.<\/p>\n\n\n\n<p><strong>About Parsons<\/strong><\/p>\n\n\n\n<p>Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit <a href=\"https:\/\/www.parsons.com\/\"><em>Parsons.com<\/em><\/a><em> and follow us on <\/em><a href=\"https:\/\/www.linkedin.com\/company\/parsons\/\"><em>LinkedIn<\/em><\/a><em> and <\/em><a href=\"https:\/\/www.facebook.com\/parsonscorporation\/\"><em>Facebook<\/em><\/a><em> to learn how we&#8217;re making an impact.<\/em><\/p>\n\n\n\n<p class=\"has-text-align-center\"><em>###<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CHANTILLY, Va., (Dec. 4, 2023) \u2013 Parsons Corporation (NYSE: PSN) announced today that S&amp;P Dow Jones Indices (a division of S&amp;P Global) and MSCI recently changed the company\u2019s Global Industry [&hellip;]<\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"286,762,764,770,773,778","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-26698","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"\n<title>S&amp;P Dow Jones and MSCI Change Parsons\u2019 GICS Code<\/title>\n<meta name=\"description\" content=\"Parsons Corporation announced today that S&amp;P Dow Jones Indices and MSCI recently changed the 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