Oct. 18, 2018
The U.S. Securities and Exchange Commission should require corporate managers to be honest with their shareholders about how they are planning for the long term. Shareholders have a right to know if oil executives are trying to buy off politicians to slow progress on addressing issues such as dangers to our food supply from chemicals, such as glyphosate and BPAs in plastic packaging. They also have a right to know whether the company is cultivating diversity on its board or moving profits abroad to avoid paying taxes in the U.S. These are only a few examples of the environmental, social, and governance (ESG) risks that the SEC should require public companies to disclose to their shareholders and the public. Investors and potential investors should be provided with this information so they can take into account future risks of repercussions of slowing progress on important safety and social issues. Thank you for considering my comment. Jane Miller