Which of the Following Statements Regarding Annual Reports Covering Corporate

Which of the following statements regarding annual reports covering corporate social responsibility is INCORRECT?

A) While reporting under this framework is voluntary in the United States, the SEC has endorsed these types of nonfinancial reports.
B) These reports contain mandatory disclosures on how companies are conducting and governing their businesses in ways that only benefit their shareholders.
C) Some countries mandate some form of corporate social responsibility reporting in order to be listed on their stock exchanges.
D) Many of the world's largest businesses issue corporate social responsibility reports under the strict guidelines of the Global Reporting Initiative.