Institute for Policy Integrity logo

In the News

Viewing all news in Consumer and Healthcare Protection
  • Widespread Support for the SEC’s Proposed Climate Risk Disclosure Standards

    A proposal from the Securities and Exchange Commission (SEC) that would standardize public companies’ disclosures of climate risk information is getting strong support from the general public, investors, companies of various sizes across a wide range of sectors, law and business scholars, public officials, climate scientists, and environmental advocates – including EDF. We joined the Institute for Policy Integrity at NYU School of Law to submit letters supporting the proposed standards. Our letters focus on three reasons why the SEC is on strong legal footing.

  • A New Financial Landscape

    NYU Law’s Institute for Policy Integrity has tracked and commented on regulatory activity involving ESG in the past few years. Policy Integrity has submitted comments on proposed rules from the US Department of Labor involving retirement plan fiduciaries’ ability to integrate ESG considerations into investment and proxy voting decisions. And recently the institute prepared comments on the US Securities and Exchange Commission’s proposed new requirements for ESG fund names and ESG funds’ disclosures on investing and voting practices.

  • The Hidden Fees that Can Drive Up the Cost of What You Buy

    "Drip pricing is really not good for anyone — it creates a race to the bottom, where all ticket sellers feel like they have to advertise deceptively low fees or they'll lose out to those who do," said Max Sarinsky, a senior attorney at the Institute for Policy Integrity at New York University. "It's not the kind of problem that can solve itself, because it requires all actors to behave well." Last year, the institute asked the Federal Trade Commission, which has the authority to crack down on misleading and deceptive business practices, to ban drip pricing. Its petition garnered support from a number of consumer rights groups and event ticket sellers.

  • ICI: EU, SEC Should Team Up on Climate Disclosures

    Greenhouse gas emissions are financially relevant to investors because they affect the company's ability to transition to a new economy, and could add compliance costs, Lienke said. “If we know that an increasing number of states and countries are making legally binding requirements," he said, "that is going to have a financial impact on those companies in those jurisdictions that emit a lot."

  • Ag Groups Say SEC Rules Threaten Future of Small, Mid-Size Farms

    Leading farm groups are calling on the Securities and Exchange Commission to exempt agriculture from proposed requirements that corporations start disclosing the greenhouse gas emissions in their supply chains. But supporters of the rule argue the ag sector’s concerns are overblown and that industry emissions estimates will be sufficient to comply with the disclosure rules. “Some small farmers and businesses have submitted comments indicating their concern that the compliance costs of the rule would reach them. However, large public companies regularly comply with voluntary emissions reporting standards through estimated, rather than measured, supply chain emissions,” according to comments provided by the Environmental Defense Fund and the Institute for Policy Integrity at the New York University School of Law.

  • SEC Proposes New Guidelines for ESG Investing

    “Those who think ESG investing is all surface and no substance should welcome the Commission’s effort to provide investors in ‘green’ or ‘socially responsible’ funds with clear and comparable information about where their dollars are going and why,” Jack Lienke, who directs regulatory policy at New York University’s Institute for Policy Integrity, said in a statement. “And those who think ESG investing is a reliable means of maximizing long-term returns,” he added, “should welcome this effort to expose greenwashing and increase investor confidence in legitimate ESG claims and products.”

  • Report: Gas Stove Emissions Are Dangerous, Need Federal Regs

    Environmental lawyers are urging federal officials to do more to protect the public from gas stoves' emissions, saying the pollution is dangerous and not adequately regulated. In a new report, researchers at the Institute for Policy Integrity said the stoves should be sold with warning labels similar to those on portable generators warning of carbon monoxide poisoning, the authors said. The Consumer Product Safety Commission (CPSC) should also start public education campaigns about the dangers of stove emissions, they added. "Something needs to be done. We know that [gas stoves] are dangerous. You can't just ignore it," said Laura Figueroa, a co-author of the report and a legal fellow at the institute. "The CPSC ... is in a position to address these dangers, and we think they should take action," she added.

  • Amid Local Climate Push, IPI Urges Safety Panel To Limit Gas Stove Pollution

    An academic center that supports tough environmental rules is pressing the Consumer Product Safety Commission (CPSC) to address risks gas cooking stoves pose to public health, opening another front against the fossil fuel’s use as various state and local governments seek to limit gas-fired appliances over climate change concerns.

  • Fast and Furious: Understanding the Rush of Vehicle Pollution News

    You may have noticed quite a few headlines recently about EPA, NHTSA, cars, trucks, waivers, model years, and lawsuits. It’s worth breaking down this flurry of activity, all of which seeks to address vehicle emissions. Here, I’ll clarify the current status of the five separate proceedings happening right now, and offer a preview of what’s to come.

  • Congress’s Bright Idea to Promote Efficient Lightbulbs

    Incandescent bulbs offer basically no advantages to consumers, and their high electricity demands make them worse for the climate and environment as well. The Biden administration's proposed lightbulb efficiency standards would create enormous value for society, including consumer cost savings and reduced climate pollution.