The Ethics Study 2021

Government Affairs and Professional Standards | June Newsletter
Date 9 June 2021
Author Srikar Govindaraju

The Ethics Study 2021

Principia Advisory, in partnership with the International Chamber of Commerce, Clifford Chance, INvolve, GlobeScan and the Institute of Business Ethics, has published a new global study on ethical and responsible business.
The Study presents perspectives from some of the world’s most prominent business leaders on the importance of ethical business, showcasing innovative approaches by companies integrating ethics into the heart of their organizations.
The study draws on two principal streams of research conducted between June 2020 and February 2021:

  • First, a series of one-to-one interviews with more than 80 business leaders across industries and geographies, with conversations with academics, researchers, non-profit leaders, and others interested in the evolution of ethics in business.

  • Second is a quantitative survey of 750 business leaders across 90 countries, representing regions and industry sectors.

Two new sets of Standard Contractual Clauses

Almost one year ago, on July 16th 2020, the Court of Justice of the European Union, while invalidating the EU-US Privacy Shield adequacy decision, ruled upholding the validity of SCCs in what is generally referred to as the “Schrems II” case. This decision required all organisations willing to transfer personal data outside the European Economic Area to reassess their SCCs to prevent access by third-country governments.

Last week, the European Commission adopted two sets of standard contractual clauses that comply with the GDPR and "Schrems II" ruling:

ICO’s Call for Opinions

The ICO calls for views on the first draft chapter of its Anonymisation, pseudonymisation and privacy-enhancing technologies draft guidance.
This first draft chapter, Introduction to anonymisation, defines anonymisation and pseudonymisation. It explores the legal, policy and governance issues around the application of anonymisation and pseudonymisation in the context of data protection law. This call for views is the first stage in the process, and ICO will consult on the full draft guidance in the autumn.
Would you like to get involved? Please never hesitate to connect with our team by emailing Srikar Govindaraju at or Claudio Gennaro at

Srikar Govindaraju
ESOMAR Staff, Senior Standards Programmes Coordinator at ESOMAR