Subject: File No.
From: Mike Moore

May 26, 2021

After reading about ESG Disclosure by the SEC, it raises a couple concerns for me. I am an investor and the government backing the SASB standards creates a few potential issues. SASB building a sustainability index is fine, however the government backing this is overreaching. Public companies have already seen a rise in reporting and compliance costs in recent years. This furthers the obstacles public companies must overcome to compete with private companies. This will create an unfair advantage and even deter many companies from going public. Finally, the government could potentially function as a way to force climate policy on public companies, avoiding the democratic process.