ESG ratings provide an opinion on the sustainability profile of a company or financial instrument, assessing its impact on society and the environment and its exposure to risks associated with sustainability issues.
In this EU Regulatory compilation from recent weeks, you will find reference to the EDPB Guidelines on Legitimate Interest, the case of the Irish Data Protection Commission on legitimate interest, publication of the 1st draft of the EU General Purpose AI Intelligence Code of Practice as well as the adoption of the ESG Ratings trilogue compromise by the Council.
Yesterday the European Parliament plenary session in Strasbourg adopted the agreement in trilogue on the proposal for a regulation on transparency and integrity in environmental, social and governance (ESG) rating activities.