Reprisk the Leading Research Tool to Help You Flag, Assess, and Monitor ESG Risks in Your Business

Total Page:16

File Type:pdf, Size:1020Kb

Reprisk the Leading Research Tool to Help You Flag, Assess, and Monitor ESG Risks in Your Business An introduction to RepRisk The leading research tool to help you flag, assess, and monitor ESG risks in your business RepRisk AG Zurich, Switzerland February 2018 RepRisk AG, Zurich, Switzerland | www.reprisk.com | RepRisk® is a registered trademark. RepRisk delivers leading research solutions to mitigate ESG and business conduct risks § RepRisk is a pioneer in ESG and business conduct risk research and business intelligence § 1998: Founded as a risk consultancy serving the financial sector § 2006: Launch of the RepRisk Platform as a due diligence solution to help firms identify, assess, and monitor risks and violations of international standards in their business § Today: Runs the world’s most comprehensive database on ESG risks, serving 200+ clients globally – and the only provider to cover private companies and projects in developed, emerging and frontier markets. § Headquarters in Zurich, with offices in Berlin, Manila, and Toronto 2 RepRisk serves clients worldwide – helping them prevent and mitigate ESG risks in their business PRIVILEGED 3 Our framework: ESG risks can materially impact a firm’s social license to operate and its bottom line Business conduct risks Environmental Social Governance Pollution, waste, Human rights abuses, Corruption, bribery, climate change labor, discrimination tax evasion, fraud Compliance risks Reputational risks Financial risks PRIVILEGED 4 Our research approach: It’s not enough to look at policies – you must look at performance There are two sources of information used to assess a company: RepRisk: Outside-in perspective Other providers: Inside-out focus § Focuses on performance § Focuses on intention § Based on media, stakeholders, § Based on a company’s own self- and public sources reporting, such as: external to a company § Sustainability or CSR Reports § Provides a timely and § effective “reality check” Company website about what is happening on-the- § Company Code of Conduct ground, i.e. how a company and policies conducts its business where it operates around the world § Management systems and certifications (e.g. ISO 14001) PRIVILEGED 5 Our research input: A daily screening of big data to systematically identify and assess ESG risks Big data: Daily screening of +80,000 sources and stakeholders NGOs News sites Research Gov’t firms agencies Newsletters Twitter Think Regulators tanks Blogs Print media Identify, curate, assess, and quantify ESG risks PRIVILEGED 6 Our language coverage: Research in 16 languages supports the early identification of risks § Risks often appear earlier at the local level in local languages § Research in 16 major business languages supports the early identification of risks Arabic English Italian Portuguese Chinese Finnish Japanese Russian Danish French Korean Spanish Dutch German Norwegian Swedish PRIVILEGED 7 Our research scope: Comprises 28 ESG Issues in line with key international standards ENVIRONMENT SOCIAL GOVERNANCE Environmental Footprint Community Relations Employee Relations Corporate Governance Global pollution (Climate Human rights abuses and Forced labor Corruption, bribery, change and GHG emissions) corporate complicity extortion, money laundering Local pollution Impacts on communities Child labor Executive compensation issues Impacts on ecosystems and Local participation issues Freedom of association and Misleading communication landscapes collective bargaining Overuse and wasting of Social discrimination Discrimination in Fraud resources employment Waste issues Occupational health and Tax evasion safety issues Animal mistreatment Poor employment conditions Tax optimization Anti-competitive practices Cross-cutting Issues Controversial products and services Products (health and environmental issues) Supply chain issues Violation of national legislation Violation of international standards Note: The 28 RepRisk ESG Issues map the Ten principles of the UN Global Compact PRIVILEGED 8 Our research scope: Also covers 45 Topic Tags – ESG “hot topics” that are specific and thematic Agricultural commodity Abusive/Illegal fishing Alcohol Animal transportation Arctic drilling speculation Automatic and semi- Asbestos Cluster munitions Coal-fired power plants Conflict minerals automatic weapons Depleted uranium Coral reefs Deep sea drilling Diamonds Drones munitions Genetically modified Endangered species Forest burning Fracking Gambling organisms (GMOs) Genocide/Ethnic High conservation Human trafficking Hydropower (dams) Illegal logging cleansing value forests Involuntary Indigenous people Land grabbing Land mines Migrant labor resettlement Mountaintop removal Monocultures Negligence Nuclear power Oil sands mining Palm oil Pornography Predatory lending Privacy violations Protected areas Rare earths Sea-bed mining Soy Tobacco Water scarcity PRIVILEGED 9 Our issue-driven methodology: Systematically captures any company exposed to risks, globally Criteria for selection into the RepRisk database ESG or Risk LINKED: Linked to a (adverse incident, Sector business Country company or criticism, Issue conduct allegation, Topic project accident, NGO issue Case scandal, etc.) PRIVILEGED 10 Artificial and human intelligence translates big data into a powerful due diligence tool Artificial Intelligence Human Intelligence Due Diligence Tool Aggregator Admin RepRisk Platform Risk Big data: incidents Curated 500k news are curated, risk screened and analyzed, research, pre-processed and given a metrics, per day severity and score and analytics summary >>> Daily updates >>> PRIVILEGED 11 Our research output: RepRisk runs the world’s most comprehensive database on ESG risks Global Developed, analysis emerging, frontier Figures grow All sectors and +100,000 +25,000 daily industries companies projects +30-50 per day +10-20 per day Listed, non-listed, Factories, mines, pipelines, state-owned plantations, dams, ports, etc. PRIVILEGED 12 The RepRisk difference: Daily-updated, curated, comprehensive business intelligence Other ESG research providers Outside-in analysis Company-provided info Daily updates Annually, quarterly Listed companies Non-listed companies Little or no coverage Emerging, frontier markets Little or no coverage Project data No Languages 16 languages Few, usually around 5 10+ years of data history No Consistent methodology Often changed over time PRIVILEGED 13 RepRisk selects and defines its ESG research scope in line with key international standards United Nations Global Compact (UNGC) UN Guiding Principles on Human Rights World Bank Group (IFC) Performance Standards World Bank Group Environmental, Health and Safety Guidelines OECD Guidelines for Multinational Enterprises The Equator Principles ILO Conventions United Nations Principles for Responsible Investment (UN PRI) UN Convention Against Corruption Universal Declaration of Human Rights PRIVILEGED 14 Zurich Headquarters RepRisk AG Phone +41 43 300 54 40 Stampfenbachstrasse 42 Fax +41 43 300 54 46 8006 Zurich Switzerland EMEA Hub RepRisk Germany GmbH Rosenthaler Strasse 23 10119 Berlin Germany Americas Hub RepRisk North America Inc. 545 King Street West Toronto ON M5V 1M1 Canada Asia Pacific Hub RepRisk Philippines Inc. Unit 15-02B, 15th Floor Accralaw Tower 30th Street corner 2nd Avenue, Bonifacio Global City Taguig City, Philippines 1630 Email [email protected] Website www.reprisk.com Follow us RepRisk AG, Zurich, Switzerland | www.reprisk.com | RepRisk® is a registered trademark. 15.
Recommended publications
  • 2020 Us Policymaker Esg Primer
    2020 U.S. POLICYMAKER ESG PRIMER DECEMBER 2020 About Paul, Weiss’s sustainability and ESG advisory practice Paul, Weiss, Rifkind, Wharton & Garrison LLP is a firm of 1,000 lawyers who provide innovative and effective solutions to our clients’ most complex legal and business challenges. Our sustainability and environmental, social and governance (ESG) advisory practice helps boards and executives navigate the legal, business and political ramifications of developing and implementing sustainability and other ESG initiatives. We advise on ESG-focused stakeholder engagement, corporate governance, crisis management, corporate social responsibility, sustainability, diversity and inclusion, ethics and compliance. For more information visit paulweiss.com/practices/sustainability-esg. This Primer is not intended to provide legal advice, and no legal or business decision should be based on its content. About Refinitiv Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, serving over 40,000 institutions in approximately 190 countries. It provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community – driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime. Report authors Barnabas Acs, Ph.D., Global Business Development Director, Sustainable Finance, Refinitiv Mark S. Bergman, Partner, Paul, Weiss, Rifkind, Wharton & Garrison
    [Show full text]
  • HSBC Asset Management – UK Stewardship Code Report 2020 1
    HSBC Asset Management UK Stewardship Code Report 2020 Foreword We welcome the UK Stewardship Code 2020, which we have applied during the course of 2020. We were early signatories to the first Stewardship Code and recognised the ISC Statement of Principles which preceded it. Our stewardship is an important expression of our fiduciary responsibility to our clients. We believe that deep consideration of environmental, social and governance (ESG) issues and commitment to active stewardship is integral to sound investment decisions that will deliver sustainable returns to our clients. I hope that this statement will give clients and other stakeholders a good understanding of how we have applied the Code. The COVID-19 pandemic meant that 2020 was an extraordinary year. The impact of the pandemic was the focus for much engagement but did not divert investors and companies from significant progress in addressing other systemic risks such as climate change. As we emerge from the Covid-19 crisis, we support the call to build back a better, more inclusive and sustainable world. There is much to be done to achieve these goals, and we are committed to playing our part. We will continue our active stewardship, incorporating ESG factors in our investment process and creating long term value for our clients, supporting the transition to a more sustainable economy and society. Joanna Munro, Chief Investment Officer HSBC Asset Management – UK Stewardship Code Report 2020 1 |PUBLIC| PURPOSE & GOVERNANCE Principle 1 Signatories’ purpose, investment beliefs, strategy, and culture enable stewardship that creates long-term value for clients and beneficiaries leading to sustainable benefits for the economy, the environment and society.
    [Show full text]
  • Most Environmentally and Socially Controversial Companies of 2010 Zurich, December 15, 2010 / Karen Reiner
    Most Environmentally and Socially Controversial Companies of 2010 Zurich, December 15, 2010 / Karen Reiner According to the reputational risk radar RepRisk, the top ten most environmentally and socially controversial multinational companies in 2010 were: 1. Transocean Ltd 6. Chevron Corp 2. BP PLC 7. BG Group PLC 3. Vedanta Resources PLC 8. Royal Dutch Shell 4. ExxonMobil Corp 9. Sinar Mas Group 5. Foxconn Electronics Inc 10. Magyar Aluminium (MAL) Companies on the list have been severely criticized by the world’s media, governmental organizations and NGOs for issues including human rights abuses, severe environmental violations, impacts on local communities, corruption and bribery, as well as breaches of labor, and health and safety standards. Rankings are based on the Reputational Risk Index (RRI), as measured by RepRisk throughout 2010. The RRI is directly derived from the negative pr ess captured by RepRisk and its calculation is strictly rule-based. RepRisk does not measure a firm's overall reputation. Instead, by capturing criticism, RepRisk computes a firm's exposure to controversy and therefore provides an indicator for reputational risk. RepRisk is used by asset owners and asset managers, commercial and investment bankers, supply chain managers, and corporate responsibility experts. The Reputational Risk Index (RRI) ranges from zero (lowest) to 100 (highest) and its calculation is based on the reach of news sources, the frequency and timing of news, as well as its content, i.e. severity and novelty of the issues addressed. The RRI is an indicator of a company's exposure to controversial issues and allows an initial assessment of risks that are attached to investments and business relationships.
    [Show full text]
  • Reprisk Special Report Deep Sea Extractive Activities: Seabed Mining and Deep Sea Drilling
    ESG Business Intelligence RepRisk Special Report Deep Sea Extractive Activities: Seabed Mining and Deep Sea Drilling June 2015 Foreword from the CEO I am pleased to announce the release of our Deep Sea Extractive Activities Report, which focuses on the challenges facing Seabed Mining and Deep Sea Drilling. The scientific community is slowly recognizing that the deep-sea marine environment harbors complex and diverse ecosystems that can potentially benefit mankind. Pharmaceutical companies also believe that the deep-sea may provide resources for the discovery of new medicines derived from natural products. Exploration of the deep-sea marine environment is in its infancy, and many discoveries undoubtedly remain to be made. Commercial overfishing and pollution have already harmed the world’s oceans, and the interest to exploit mineral and oil deposits in deep-sea locations has raised concerns that these fragile marine ecosystems will be irrevocably damaged before scientists have had time to explore their full potential. Scientists and civil society organizations are urging companies to consider the cumulative impacts of their extraction in their risk management strategies, and are calling for an international consensus on the protection of the marine environment. We hope that this report sheds some light on the scale of the challenges facing companies that want to explore the commercial potential of deep-sea environments and will increase awareness of the ESG risks involved in such activities. Philipp Aeby CEO, RepRisk AG About RepRisk RepRisk is a leading business intelligence provider specializing in dynamic environmental, social and governance (ESG) risk analytics and metrics. On a daily basis, RepRisk systematically screens big data from a broad range of open intelligence sources in 15 languages in order to identify, filter, analyze and quantify ESG risks (such as environmental degradation, human rights abuses and corruption) related to companies, projects, sectors and countries.
    [Show full text]
  • Paradigm Shift in Financial Markets the Economic and Legal Impacts of the EU Action Plan Sustainable Finance on the Swiss Financial Sector
    www.pwc.ch Paradigm shift in financial markets The economic and legal impacts of the EU Action Plan Sustainable Finance on the Swiss financial sector March 2019 Europe’s financial sector must lead the green transition and make our Union the global destination for sustainable investment. There is no greater return on investment than a healthy planet and economy. Jean-Claude Juncker (22.03.2018) at High-Level Conference on sustainable finance Foreword “Finance will be green, or it won’t exist in the future”. The Ultimately, the financial sector must develop practices French Minister of Finance, Bruno Le Maire, made it clear. to incentivise institutions and their employees to account The transition to a more sustainable economy is a done for and integrate sustainability factors by default. deal internationally, and is gaining speed. The Sustainable By putting in place the Action Plan Sustainable Finance, Development Goals (SDGs) are being implemented by the the EU has created the necessary framework conditions signatory countries, and the Paris Agreement on Climate for this to happen. The anticipated impact will be signifi- Change (Paris Agreement) was ratified in record time. cantly stronger than was experienced under MiFID II, Finance needs to adapt, and has an economic self-interest GDPR or AEoI. in doing so. Just as visionary Alfred Escher founded the Schweizerische There are still those who continue to ignore reality and Kreditanstalt to finance the forward-looking Gotthard railway defend the self-interests of the old fossil world. However, project − a cornerstone of Switzerland’s economic success − upon closer inspection even Donald Trump’s rejection of today, too, we need long-term investment in the sustainable the Paris climate agreement had a limited impact in the face transition and the infrastructure required to achieve it.
    [Show full text]
  • CDP Climate Change Report 2015 United Kingdom Edition
    CDP Climate Change Report 2015 United Kingdom Edition Written on behalf of 822 investors with US$95 trillion in assets CDP Report | October 2015 1 Contents Foreword 3 Global overview 4 2015 Leadership criteria 8 The Climate A List 2015 10 2015 FTSE 350 Climate Disclosure Leadership Index (CDLI) 12 Investor engagement in the UK 13 Profile: BT Group 14 United Kingdom snapshot 16 Profile: SSE 18 Natural Capital 20 Appendix I 24 Investor signatories and members Appendix II 25 FTSE 350 scores Appendix III 30 Responding FTSE SmallCap climate change companies Please note: The selection of analyzed companies in this report is based on market capitalization of regional stock indices whose constituents change over time. Therefore the analyzed companies are not the same in 2010 and 2015 and any trends shown are indicative of the progress of the largest companies in that region as defined by market capitalization. Large emitters may be present in one year and not the other if they dropped out of or entered a stock index. ‘Like for like’ analysis on emissions for sub-set of companies that reported in both 2010 and 2015 is included for clarity. Some dual listed companies are present in more than one regional stock index. Companies referring to a parent company response, those responding after the deadline and self-selected voluntary responding companies are not included in the analysis. For more information about the companies requested to respond to CDP’s climate change program in 2015 please visit: https://www.cdp.net/Documents/disclosure/2015/Companies-requested-to-respond-CDP-climate-change.pdf Important Notice The contents of this report may be used by anyone providing acknowledgement is given to CDP Worldwide (CDP).
    [Show full text]
  • The Convergence of Sovereign Environmental, Social and Governance Ratings
    Policy Research Working Paper 9583 Public Disclosure Authorized The Convergence of Sovereign Environmental, Social and Governance Ratings Public Disclosure Authorized Eric Bouyé Diane Menville Public Disclosure Authorized Public Disclosure Authorized Treasury Asset Management & Advisory Department March 2021 Policy Research Working Paper 9583 Abstract This paper studies sovereign environmental, social, and gov- the United Nations-supported Principles for Responsible ernance (ESG) ratings from the qualitative and quantitative Investment (UNPRI). Then, a quantitative analysis of angles. First, it introduces the landscape for sovereign ESG the convergence is performed by regressing the scores on ratings. Second, it provides a comparison with the history variables from the World Bank sovereign ESG database. A of credit ratings, factoring in that ESG ratings are in an noticeable contribution to the literature is a high level of early development stage. Third, the paper reviews different explanatory power of these variables across all rating meth- actors, key issues, including taxonomy, models and data odologies, with a R2 ranging between 0.78 and 0.98. An from different providers. The paper provides a qualitative analysis of the importance of variables using a lasso regres- assessment of the convergence of ratings among providers sion exhibits the preponderance of the governance factor by introducing a factor attribution method, that maps all and the limited role of demographic shifts for all providers.. providers’ ratings into a common taxonomy defined by This paper is a product of the Treasury Asset Management & Advisory Department. It is part of a larger effort by the World Bank to provide open access to its research and make a contribution to development policy discussions around the world.
    [Show full text]
  • Long-Term Sustainable Investment for Retirement
    sustainability Article Long-Term Sustainable Investment for Retirement Iqbal Owadally 1,* , Jean-René Mwizere 1, Neema Kalidas 2, Kalyanie Murugesu 3 and Muhammad Kashif 4 1 Business School, City, University of London, 106 Bunhill Row, London EC1Y 8TZ, UK; [email protected] 2 Accenture (UK) Ltd., 30 Fenchurch Street, Billingsgate, London EC3M 3BD, UK; [email protected] 3 Redington Partners LLP, One Angel Court, London EC2R 7HJ, UK; [email protected] 4 School of Business and Economics, Universidad de las Americas Puebla, Sta. Catarina Mártir, Cholula, Puebla 72810, Mexico; [email protected] * Correspondence: [email protected]; Tel.: +44-20-7040-8478 Abstract: We consider whether sustainable investment can deliver performance comparable to conventional investment in investors’ long-term retirement plans. On the capital markets, sustainable investment can be achieved through various instruments and strategies, one of them being investment in mutual funds that subscribe to ESG (environmental, social, and governance) principles. First, we compare the investment performance of ESG funds with matched conventional funds over the period 1994–2020, in Europe and the U.S. We find no significant evidence of differing performance (at 5% level) despite using a number of investment performance metrics. Second, we perform a historical backtest to model a UK personal retirement plan from 2000 till 2020, taking full account of investment management fees and transaction costs. We find that investing in an index-tracker fund overlaid with ESG screening delivers a pension which is 10.4% larger than is achieved if the index-tracker fund is used without screening.
    [Show full text]
  • In ESG: Investor Myth Buster Table of Contents
    Amplifying the “S” in ESG: Investor Myth Buster Table of Contents ESG Working Group: who are we? 3 Amplifying the “S” in ESG: Executive Summary 4 Investor myths about “S” indicators 7 Introduction: Investor myths about “S” indicators 8 Myth 1 - Financial materiality: Social performance is less financially material than environmental performance 10 Myth 2 - Starting point: It is too difficult to know how and where to start assessing social performance 14 Myth 3 - Data: The “S” indicators are too hard to measure; there is no reliable and comparable data 17 Myth 4 - Integration process: Qualitative surveys or questionnaires are the best method for tackling social issues and analysing the social aspects of performance 22 Myth 5 - Relevance to investors: Integrating “S” indicators is only relevant for impact investors 26 Conclusion 32 Amplifying the “S” in ESG: Investor Myth Buster 2 REUTERS/Krishnendu Halder ESG Working Group: who are we? We are a new partnership that has been formed The Group hopes that this ongoing work will with the aim of emphasising the importance of help further the momentum for both the ‘social’ criteria within Environmental, Social improving the “S” indicators and expanding and Governance (ESG) investing. their use among the investor community. The Thomson Reuters Foundation, Refinitiv, The partners view this white paper as the start International Sustainable Finance Centre (ISFC), of a broad dialogue to promote a better White & Case, Eco-Age, The Mekong Club, and understanding, and wider adoption, of social the Principles for Responsible Investment (PRI) criteria in investment strategies. We plan to – an observer participant – have created the carry on with this work by engaging with more ESG Working Group (‘the Group’), as a pro bono stakeholders, as well as organising events and partnership that brings together civil society, training sessions to build greater capacity.
    [Show full text]
  • Most Controversial Companies (MCC) 2018
    Most Controversial Companies RepRisk Special Report Most Controversial Companies (MCC) 2018 January 2019 About RepRisk RepRisk is a global leader and pioneer in data science, specializing in premium ESG and business conduct risk research and quantitative solutions. Since 2006, RepRisk has been leveraging artificial intelligence and curated human analysis to translate big data into actionable business intelligence and risk metrics. With daily-updated data synthesized in 20 languages using a rules-based methodology, RepRisk systematically flags and monitors material ESG risks and violations of international standards that can have reputational, compliance, and financial impacts on a company. Our flagship product, the RepRisk Platform, is the world's largest database of its kind, consisting of 100k+ public and private companies and 25k+ projects of all sizes, in every sector and market. Leading organizations around the world rely on RepRisk as their key due diligence solution to prevent and mitigate ESG and business conduct risks related to their operations, business relationships, and investments. Learn more at www.reprisk.com and follow us on Twitter: www.twitter.com/RepRisk. 2 RepRisk Special Report: Most Controversial Companies 2018 Foreword CEO I am delighted to announce the release of the ninth edition of our annual Most Controversial Companies (MCC) Report, which highlights ten companies that were most exposed to environmental, social, and governance (ESG) and business conduct risks in 2018. The report, compiled using RepRisk's proprietary methodology, is based on information that is screened, analyzed, and quantified on a daily basis from a wide range of publicly available stakeholder and media sources. The MCC 2018 Report shows how major corporations from different sectors, including airlines, utilities, and banks, had to mitigate reputational and financial impacts resulting from inadequate management of ESG risks.
    [Show full text]
  • Annual Sustainable Investing Report 2020
    ARTISAN PARTNERS SUSTAINABLE EMERGING MARKETS TEAM Annual Sustainable Investing Report 2020 For Institutional Investors Only—Not for Onward Distribution SUSTAINABILTY THE CAPACITY TO ENDURE TABLE OF CONTENTS Letter from Maria Negrete-Gruson ..................................... 3 Our team ..................................................................................... 4 Sustainability—More than three letters ........................... 6 An evolving perspective ........................................................ 14 Case study .................................................................................. 16 Navigating a crisis .................................................................... 18 Engagement and proxy voting ............................................ 20 Thought leadership and industry engagement ............. 22 March 2021 Perhaps at no other time in my more than two decades of investing experience has emerging markets’ (EM)—and the entire world’s—capacity to endure been more tested. During 2020, the world was affected by the COVID-19 pandemic, a global economic recession, escalating China- US tensions, a nearly catastrophic oil price war and extreme market volatility. As 2020 ended, EM countries were still very much in a state of crisis—both humanitarian and economic in nature. The loss of lives and livelihoods was tragic. But amid the many challenges, the Artisan Partners Sustainable Emerging Markets Team was struck by several trends. First, the response of EM companies and countries overall made a significantly
    [Show full text]
  • EPRS Study: Corporate Due Diligence and Corporate Accountability
    Corporate due diligence and corporate accountability European added value assessment STUDY EPRS | European Parliamentary Research Service Author: Cecilia Navarra European Added Value Unit PE 654.191 – October 2020 EN Corporate due diligence and corporate accountability European added value assessment There is evidence of human rights violations and negative environmental impacts related to business activities, including of EU companies. Several actions have been taken at both international and EU level to promote responsible business conduct and to prevent such violations. While being important steps forward, these initiatives suffer from several limitations, as they are either voluntary, sector-specific, or limited to reporting obligations. The EU is committed to upholding human rights and environmental protection, and has the competence to harmonise national company law to ensure the proper functioning of the single market. This study analyses the European added value of a potential measure requiring companies to carry out due diligence on possible social and environmental risks in their operations and supply chains. It analyses why action should be taken at the EU level and points to its potential impacts from the perspective of both EU companies and society at large. EPRS | European Parliamentary Research Service AUTHORS Cecilia Navarra, European Added Value Unit, DG EPRS. This paper has been drawn up by the European Added Value Unit of the Directorate for Impact Assessment and European Added Value, within the Directorate-General for Parliamentary Research Services (EPRS) of the Secretariat of the European Parliament. The annexed company-level analysis of the estimated economic impact of environmental, social and governance due diligence and corporate accountability for EU companies has been written by Stefania Camoletto, Maria Jose Montes-Sancho and Erica Santini at the request of the European Added Value Unit (EPRS).
    [Show full text]