“Everyone expects the SEC to make climate change and other ESG reporting mandatory, and those tech giants– Amazon, Alphabet, Autodesk, eBay, Facebook, Intel and Salesforce — said in ajoint letterthey support this. What they don’t support is including the information in filings such as annual 10-Ks and quarterly 10-Qs because, they say, it could open them up to costly lawsuits.”

[COMMENTARY]I think it’s right that the SEC should make ESG reporting mandatory in company filings. Furthermore, that interested parties should have the ability to challenge such reporting. And in the courts if necessary. However, clearly, limits of some kind would have to be placed on legal challenges.
Can ESG disclosures get you sued? By CJ Clouse, July 15, 2021, GreenBiz, USA.