Critical Privacy Elements in ESG Scoring
In this Expert Focus presentation, Dominique Shelton Leipzig, partner and leader of Mayer Brown's Global Data Innovation, Ad Tech Privacy and Data Management teams, highlights six critical privacy elements that influence ESG scoring and shares how the firms Global Data Innovation team assists clients to amplify their advantage.
Published on 28 June 2022
Last year data breach and cybersecurity matters cost the global economy USD6.1 trillion.
Critical privacy elements that influence ESG scoring
Data privacy policies are a key part of a firms ESG obligations. Both proxy advisors and regulators will focus on the following key points:
- Is there someone at the top of the corporation responsible for privacy?
- Has the data been mapped accurately?
- What is the quality of the legal risk assessment? Have the differences between the data protection regimes in the various jurisdictions in which a firm operates been considered?
- Is high-risk data managed correctly? What extra steps have been taken to protect sensitive data?
- What risk mitigation strategy is in place?
- What steps have been taken to ensure internal governance of data? What kind of policies and training programmes are in place? Do a firms vendors share its values and data hygiene practices?
How proxy advisors take privacy into account
Proxy advisory companies like ISS are already rating privacy/cyber maturity as part of ESG scoring. This video will give help you see the relationship between privacy and ESG.
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