Corporate Responsibility - COVID19 update
Our COVID-19 Response
Over the past several months there have been significant changes to the way we work and live across the world. In times of global crisis and market volatility, MSCI seeks to provide an anchor of stability and structure for our stakeholders. While none of us can control what is happening with the current pandemic or its impact on the markets, we are here to help you better understand and manage the potential risks and opportunities you may face.
While we do not have a specific date of return for MSCI employees, several offices will operate with reduced seating capacity throughout the remainder of 2020 and the decision to return to any office remains voluntary. We are not anticipating a widespread return to our offices until after January 2021 and continue to closely monitor the COVID-19 pandemic and follow all recommended practices and guidelines from health officials and local governments in all our offices globally. Ensuring the health, safety and wellbeing of our employees and clients remains our utmost priority.
MSCI has performed well, and in some cases increased our performance, while maintaining a high degree of intensity throughout this dire economic environment. The high level of company performance we have achieved thus far has eliminated the pressure to return to our office locations as soon as possible. The possibilities for both MSCI and the financial industry and encouraged us to think more creatively and be more innovative when developing flexible roles, hiring new talent and designing our offices.
Business Continuity Planning and availability of our key services remain central to our operational focus as a provider of mission-critical data, tools and analytics to our clients. MSCI will continue to perform at the highest level regardless of whether we work remotely or from any specific MSCI office. Our ability to provide products and services remains steadfast. We have also created a dedicated website to support the investment community and our clients with enhanced insights and data on the market volatility issues facing investors during the pandemic. https://www.msci.com/coronavirus.
Continuing our COVID-19 Support for India
As India faces the height of a second wave of COVID-19 infections, the health and wellbeing of MSCI employees continues to remain our top priority. We have offered additional benefits to employees based in India such as an enhanced Sick Leave Policy, reimbursement for and expanded access to COVID-19 vaccinations, including through organizing vaccination camps, and quarantine hotel accommodations. Despite a difficult environment, MSCI has continued to demonstrate strong business resiliency in India. Employees are fully equipped to work remotely and continue to complete their functional responsibilities remotely using our secure VPN system or other capabilities available to them while the India offices remain closed. MSCI is continuously monitoring the situation and has proper protocols in place to adapt to the ongoing changes in the country. At present, there has been no material impact to MSCI’s ability to provide products and services to its clients due to COVID-19. Each of MSCI’s offices and business lines maintain location and business-specific continuity plans and processes derived from detailed business impact analyses to determine levels of criticality, risks and operational requirements needed to protect critical products and services.
If you require any further information regarding COVID-19 and MSCI’s business operations, please do not hesitate to contact your key account manager or click here for more details on MSCI’s safety and wellbeing actions.