Compliance with laws, regulatory requirements, as well as following ethical business principles are integral components of companies’ strategies and operations. How exposed companies are to business ethics issues and how well they manage the integrity of their business can present varying degrees of ESG risk to investors’ portfolios. Sustainalytics’ ESG Risk Ratings assess business ethics risks through our Business Ethics material ESG issue (MEI). Business Ethics refer to a company’s management of risks related to anti-competitive practices, accounting, taxation, bribery, corruption, money laundering, defrauding,
political involvement, lobbying, intellectual property rights and sanctions