Subject: Comment to File Number 4-730
From: Rebecca Morgan
Affiliation:

Oct. 20, 2018

For far too long corporate actions have contributed to inequality, pollution, habitat destruction and many more issues. They cause continuing harm to the people who buy their products and services. 

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 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.

Rebecca Morgan