Parsons Honored as One of the World’s Most Ethical Companies for the 17th Consecutive Year

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Rhea-AI Summary

Parsons (NYSE:PSN) was named one of Ethisphere’s 2026 World’s Most Ethical Companies on March 18, 2026, marking its 17th consecutive year receiving the honor.

Parsons is one of 138 honorees across 17 countries and one of four in the Engineering Services category, highlighting its sustained ethics and compliance commitment.

News Market Reaction – PSN

-5.67%

-5.67% Session close to close

In the Mar 18 session, PSN declined 5.67%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -5.7% in the session following this news. A negative reaction despite this ethics ac...

Analysis

The stock moved -5.7% in the session following this news. A negative reaction despite this ethics accolade would contrast with the company’s 17-year streak on the World’s Most Ethical Companies list. Such a move would occur with shares already below the $73.88 200-day MA and close to the 52-week low of $52.37. In that context, prior sensitivity to fundamentals, such as the -14.19% response to FY25 results, might remain a more dominant driver than governance recognition alone.

Key Figures

Consecutive ethics years: 17 years 2026 honorees: 138 companies Countries represented: 17 countries +5 more

8 metrics

Consecutive ethics years 17 years Recognized as one of the World’s Most Ethical Companies

2026 honorees 138 companies Total organizations named to 2026 World’s Most Ethical Companies list

Countries represented 17 countries Geographic span of 2026 World’s Most Ethical Companies honorees

Industries represented 40 industries Industry coverage of 2026 World’s Most Ethical Companies honorees

Engineering honorees 4 companies Honorees in the Engineering Services category including Parsons

Ethics proof points 240+ items Proof points required for Ethisphere Ethics Quotient assessment

Share price $54.18 Price before/around publication, up 3% over prior close

52-week range $52.37–$89.50 Positioned near 52-week low ahead of ethics recognition

Historical Context

5 past events · Latest: Mar 11 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Mar 11	Board appointment (peer)	Neutral	-3.3%	Parsons’ chief legal officer joined Spire Global’s board, reflecting sector expertise.
Feb 18	Defense contract intent	Positive	+3.8%	Subsidiary received intent to award for three-year JCHK contract up to $500M.
Feb 13	Conference appearance	Neutral	+1.1%	CEO and CFO scheduled fireside chat at Barclays Industrial Select Conference.
Feb 11	Earnings report	Negative	-14.2%	FY25 revenue declined while EBITDA and net income hit records, prompting selloff.
Feb 10	Army research contract	Positive	+1.1%	Awarded $125M task order over five years for Army R&D and advanced computing.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news with clear business wins (large contracts, awards) has typically coincided with positive price reactions, while weaker fundamentals (FY revenue decline) saw a sharp negative move.

Recent Company History

Over the last few months, Parsons reported mixed but eventful developments. On Feb 11, 2026, Q4 and FY25 results showed revenue declines but record adjusted EBITDA and net income, followed by a -14.19% reaction. Earlier in February, the company secured a $125M Army research support contract and an intent to award up to $500M for Joint Cyber Hunt Kits, both with modest positive moves. Today’s ethics recognition extends a long-running governance and culture narrative alongside these contract and earnings milestones.

Key Terms

ethics quotient, corporate governance, risk assessment, third-party risk management, +1 more

5 terms

ethics quotient technical

"The World's Most Ethical Companies assessment is grounded in Ethisphere's proprietary Ethics Quotient®"

A company's ethics quotient is an overall measure of how well it behaves responsibly and follows laws and social norms, combining factors like board conduct, transparency, labor and environmental practices, and honesty in reporting. For investors it matters because ethical lapses can damage reputation, trigger fines or boycotts, and raise long‑term risk—think of it like a company’s “ethics credit score” or report card that helps predict potential problems and resilience.

corporate governance regulatory

"proof points on practices that support robust ethics and compliance, including: corporate governance; program structure"

Corporate governance is the system of rules, roles and oversight that determines how a company is directed and controlled, including the responsibilities of its board, executives and shareholders. Like the steering wheel and map for a car trip, it shapes decisions, sets checks on power and defines who can hold leaders accountable; strong governance reduces risk, builds trust and helps investors judge whether a company is likely to protect capital and deliver reliable returns.

View in glossary

risk assessment technical

"training, awareness, & communication; risk assessment & auditing; investigations, enforcement"

An evaluation of the possible things that could go wrong with an investment or business and how likely and severe those problems might be, covering factors like market swings, cash shortages, regulatory changes, or operational hiccups. Think of it like checking road conditions and fuel before a trip: it helps investors judge whether the potential reward is worth the chance of trouble, set appropriate prices or reserves, and plan steps to reduce or respond to losses.

View in glossary

third-party risk management technical

"measurement of ethical culture; third-party risk management, and environmental & social impact."

Third-party risk management is the process a company uses to identify, assess, monitor and reduce risks that come from outside vendors, suppliers, contractors or partners who provide goods, services or handle sensitive data. Investors care because weaknesses in these external relationships can cause outages, regulatory fines, extra costs or reputational damage that directly affect revenue and share value — like hiring a contractor for a home project and needing to ensure they won’t cause costly problems or delays.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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03/18/2026 - 06:30 AM

CHANTILLY, Va., March 18, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation announced today that it has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2026 World’s Most Ethical Companies. This marks the seventeenth consecutive year that the company has been honored with this recognition.

In 2026, 138 honorees were recognized spanning 17 countries and 40 industries. Parsons is one of only four honorees in the Engineering Services category.

“We are honored to be recognized as one of the World’s Most Ethical Companies for the 17^th consecutive year,” said Carey Smith, chair, president, and chief executive officer for Parsons. “This recognition reflects the commitment of our employees to doing business with integrity, embedding ethical decision making into everything that we do, and earning and keeping the trust of our clients, partners, and the communities around the world where we work.”

The heart of Parsons’ ethics program is employee engagement combined with transparency set forth at the executive and management leadership levels which serves as the ethos of Parsons’ business. The company’s long-standing commitment to integrity also sets the standard and expectation for Parsons’ suppliers and vendors.

Read more about how Parsons' core value of integrity informs the company’s business practices at https://www.parsons.com/care/governance/.

Methodology & Scoring
The World's Most Ethical Companies assessment is grounded in Ethisphere's proprietary Ethics Quotient®, which requires companies to provide 240+ different proof points on practices that support robust ethics and compliance, including: corporate governance; program structure & resourcing; written standards; training, awareness, & communication; risk assessment & auditing; investigations, enforcement, discipline & incentives; measurement of ethical culture; third-party risk management, and environmental & social impact. That data undergoes further qualitative analysis by a panel of experts who spend thousands of hours vetting and evaluating each year's group of applicants. This process serves as an operating framework to capture and codify best-in-class ethics and compliance practices from organizations across industries and from around the world.

Honorees
To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies website, at https://worldsmostethicalcompanies.com/honorees/.

About Parsons
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 Parsons.com and follow us on LinkedIn and Facebook to learn how we're making an impact.

About Ethisphere
Ethisphere is the global leader in defining and advancing the standards of ethical business practices that strengthen corporate brands, build trust in the marketplace, and deliver business success. Companies turn ethics, compliance, and culture into a business advantage by leveraging Ethisphere’s data-driven program & culture assessments featuring the latest guidance and the practices of hundreds of global organizations across the 8 pillars of an ethical culture, and 240+ ethics, compliance, social, and governance data points delivered through a proprietary software platform. Ethisphere also honors superior integrity programs through World’s Most Ethical Companies® recognition, brings together a community of industry experts with the Business Ethics Leadership Alliance (BELA), and advances ethical business practices through the Global Ethics Summit, Ethisphere Magazine, and the Ethicast podcast. For more information, visit https://ethisphere.com.

Media Contact:
Bernadette Miller
+1 980.253.9781
Bernadette.Miller@Parsons.com

Investor Relations Contact:
Dave Spille
+ 1 703.775.6191
Dave.Spille@Parsons.us

FAQ

What does Parsons (PSN) recognition as a World’s Most Ethical Company on March 18, 2026 mean for investors?

It signals sustained corporate governance and ethics commitments, potentially supporting long-term trust. According to the company, this is Parsons' 17th consecutive year being honored, one of 138 honorees across 17 countries and four in Engineering Services.

How many companies were named to Ethisphere’s 2026 World’s Most Ethical Companies list and where does Parsons (PSN) rank?

There were 138 honorees on the 2026 list, spanning 17 countries and 40 industries. According to the company, Parsons is one of four honorees in the Engineering Services category and recognized for the 17th consecutive year.

What criteria did Ethisphere use to select Parsons (PSN) for the 2026 ethics award?

Selection is based on Ethisphere’s proprietary Ethics Quotient® assessment covering governance, compliance, and culture. According to the company, the process requires 240+ proof points and expert qualitative review of applicants' practices.

How many consecutive years has Parsons (PSN) been named a World’s Most Ethical Company?

Parsons has been recognized for 17 consecutive years as a World’s Most Ethical Company. According to the company, this continuity reflects long-standing employee engagement and executive-level transparency in ethics programs.

Where can investors find the full list of 2026 World’s Most Ethical Companies and Parsons’ governance details?

The full list of 2026 honorees is available on the World’s Most Ethical Companies website. According to the company, additional details about Parsons’ governance and integrity practices are on its corporate governance webpage.