Led by attorneys‑general from Florida, Texas, Nebraska and Alaska, a coalition of 16 U.S. state attorneys‑general sent a letter to the Big 4 accounting firms (Deloitte, EY, PwC and KPMG), warning that the firms’ support for climate‑related disclosure frameworks including TCFD, NZFSPA and ISSB standards may breach auditor independence, integrity and objectivity duties, create conflicts of interest, and potentially violate state unfair‑practice laws and public‑contract terms; the letter also requests extensive documentation and answers from the firms, arguing that mandated climate disclosures raise business costs which are ultimately passed on to consumers, and this represents the latest push‑back by U.S. Republican policymakers against global climate‑disclosure requirements, following related stances from the SEC chair and state‑level pushback against EU sustainability rules.
Source: https://www.esgtoday.com/16-states-warn-big-4-accounting-firms-over-pushing-climate-related-disclosures/