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Posts Tagged ‘Disclosure’

Are Oil Companies Ready for the Next Katrina?

Ten years ago this week, a hurricane was gaining strength in the North Atlantic.  Meteorologists worked around the clock to understand and predict its future path and strength. That path and strength, it turns out, would make the record books. Read More

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Chevron, Exxon, Phillips 66 React to UCS’ Stormy Seas, Rising Risks Report

Last month, my colleague Christina Carlson and I released our report, Stormy Seas, Rising Risks: What Investors Should Know About Climate Change Impacts at Oil Refineries. The report analyzed the risk that five companies—Chevron, Exxon Mobil, Marathon Petroleum, Phillips 66, and Valero—face from sea level rise and storm surge, and compared that to what risk companies did and did not disclose to their investors. Read More

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Willie Soon, Academic Freedom, and How We Can Deal With Undisclosed Conflicts of Interest

In the last week, the Internet has blown up. There were llamas, dresses, and bird-riding weasels. But what also blew up was an important discussion about conflict of interest disclosure and what information academic scientists should be expected to make public. Above all else, the debate has made clear that conflict of interest disclosure rules are lacking and that we need clarity from Congress, scientific societies, and academic institutions on how these issues should be addressed. Read More

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Rep. Grijalva’s Requests and the Real Problem with Conflict of Interest Disclosure

On Tuesday, Arizona’s U.S. representative Raul Grijalva asked seven academics for their sources of funding and earlier drafts of testimony they have delivered before congressional committees. Since then, many have debated whether the requests cross the line into harassment or witch hunts or McCarthyism. Lost in the discussion around whether the requests are too broad is a bigger question to address: Why don’t we already know who funds the work of those who testify before Congress? Read More

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Stormy Seas, Rising Risks: New Analysis Shows Undisclosed Climate Change Impacts at Oil Refineries

Ten miles outside New Orleans stands a two-million barrels per day oil refinery, surrounded by the Meraux, Louisiana community. On low-lying ground along the Gulf coast, an elaborate network of pipes and smoke stacks looms beyond double-wide trailers, rows of single-family homes, and a playground. By 2050, the refinery and surrounding areas could be underwater, given intermediate sea level rise estimates. But this won’t be the first time the refinery has seen high water levels. Read More

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Who Should Decide What Happens When Scientists Violate Conflict of Interest Rules?

Scientists and institutions are under increasing scrutiny to be more transparent, especially when they publish research that has bearing on major public policy debates, and with good reason: funding can influence how studies are conducted and results are presented. It’s not easy though; when it comes to disclosure of conflicts of interest, practices vary across scientific disciplines, journals and institutions, and the lines regarding what should be disclosed are sometimes blurry. Read More

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On the SEC Disclosure Rule, the People Have Spoken

One million comments. Today I’m celebrating one million comments.  What’s the significance of one million comments? Let me explain. Read More

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“Hide No Harm” Bill Will Tip the Balance in Favor of Science and Safety over Corporate Profits

On July 16, Senators Richard Blumenthal (CT), Tom Harkin (IA) and Robert Casey (PA) introduced S. 2615, the “Hide No Harm Act.” Their legislation would impose criminal penalties—fines and even imprisonment—on corporate executives if they knowingly failed to warn the public about life-threatening dangers in their products. Read More

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New UCS Report: Companies Can Anonymously Influence Climate Policy Through Their Business and Trade Associations

Today we release our new report, Tricks of the Trade: How Companies Influence Climate Policy Through Business and Trade Associations. In the report we found that many companies choose not to be transparent about their affiliations with trade and business associations, even when the information is publicly available. In addition, we found that when companies did choose to disclose their trade group board seats, many claimed to disagree with their associations’ positions on climate change, raising questions about who trade groups are actually representing on climate policy. Read More

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Companies, Climate, and Trade Groups: The Saga Continues with New Data Released

Some companies just don’t like sharing.

At least that’s my first takeaway from viewing the newly released reports from CDP (formerly, the Carbon Disclosure Project) that we’ve been waiting for. The international not-for-profit organization officially released this year’s data last night at the New York Stock Exchange. Every year, CDP collects climate reporting data it obtains by annually surveying companies worldwide, but this year, the organization asked companies something new. And the results (and lack thereof) are quite revealing. Read More

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