Brightview Holdings faces significant risks related to its environmental, social, and governance (ESG) practices and disclosures, which are increasingly scrutinized by stakeholders and regulators. The company's commitment to ESG goals, including climate-related disclosures mandated by the SEC and various state regulations, may necessitate substantial operational changes and capital investments. Failure to align with evolving standards or manage public perception effectively could adversely affect its reputation, financial performance, and stock price. Additionally, anti-ESG sentiment in certain markets poses a threat to revenue and reputation if opposition to Brightview's ESG positions gains traction.