Oct. 31, 2018
The U.S. Securities and Exchange Commission REALLY REALLY *REALLY*!!! should require corporate managers to be honest with their shareholders about how they are planning for the long term. This is hardly news, but doing so would certainly BE newsworthy. And...why has it not happened BEFORE??? Shareholders have a right to know if oil executives are trying to buy off politicians to slow progress on addressing climate change. 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 just 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. Thank you for considering my comment. Paula Gordon