Assessing Privacy and Cybersecurity Risks
The Data Privacy and Cybersecurity Material ESG Issue (MEI) focuses on data governance, ensuring safe handling of personally identifiable information.
Personal data protection is critical, with stricter laws like GDPR and rising awareness. Data breaches cost millions, with the US facing the highest expenses.
Morningstar Sustainalytics' ESG Risk Ratings integrate inherent risks with management practices, including policies and transparency measures. Effective practices mitigate risks of data collection, usage, and safeguarding.
Protecting Financial Interests
Data management affects financial value. Failing to protect data incurs escalating costs. Investors can identify exposed companies and assess risk management using our ESG Risk Ratings.