Besides being too broad, it tracks only a few items. I outlined five possible states above for how a company deals with a subject, a sixth would be "unknown". The EFF just has a star, which considering their goal, which is similar but not quite the same, is fine. They are looking to encourage companies to change by influencing the consumers as well, but I think they are going for a more emotional influence, while I am espousing a more informational influence. Make it easier to see the specifics in a more granular fashion so consumers can be informed.

Additionally I'm not entirely sure how to split out all the different things to track with regard to privacy, which is why I think it's a big project. But I see a need, and I think someone could do well for themselves filling that need.