Sustainability reporting is ______________ for American companies:
A) Required in the U.S.
B) Mandated quarterly
C) Required every 3 years
D) Largely a voluntary effort

Question

Quizplus · Accepted Answer

Sustainability reporting in the U.S. is largely a voluntary effort, and not mandatory. While some regulations like the SEC's guidelines on climate risk disclosures have been introduced, there is no federal law that requires companies to report on their sustainability efforts. However, some states like California and New York have their own regulations that mandate sustainability reporting for certain companies.

Sustainability Reporting Is ______________ for American Companies