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Michael Panfil

Financial DisclosureFinancial RegulationReport

Mandating Disclosure of Climate-Related Financial Risk

This report argues that the SEC should strengthen mandatory climate risk disclosure rules. An updated version was published as a journal article in the NYU Journal of Legislation and Public Policy in June 2022.
Michael Panfil
Michael PanfilFebruary 10, 2021
Agency FilingFinancial Regulation

Comments on Office of Comptroller of the Currency Fair Access Rule

These comments argue that OCC's Fair Access Rule violates the APA.
Michael Panfil
Michael PanfilJanuary 4, 2021
Blog/News ArticleFinancial DisclosureFinancial Regulation

The SEC Should Require Companies to Disclose Climate Change Risk

This article argues that climate risk disclosure should be mandatory.
Michael Panfil
Michael PanfilDecember 24, 2020
Blog/News ArticleFinancial DisclosureFinancial Regulation

Utilities Should Be Required to Disclose Their Climate-Related Financial Risks

This article describes why states should ensure utilities are disclosing climate risk to their assets and operations.
Michael Panfil
Michael PanfilDecember 15, 2020
Agency FilingFinancial DisclosureFinancial Regulation

Comments on New York PSC Proceeding on Climate Risk Disclosure

These comments argue that New York State should require its electric and gas utilities—not their holding companies but the operating utilities themselves—to assess and disclose the climate risks they face.
Michael Panfil
Michael PanfilDecember 9, 2020
Adaptation as Risk ManagementEnergy RegulationRisk ManagementState Energy RegulationSummary Document

Policy Brief: Climate Risk in the Electricity Sector

This policy brief summarizes a report finding that proactive climate resilience planning by electric utilities is required under public utility law and tort law.
Michael Panfil
Michael PanfilDecember 3, 2020
Adaptation as Risk ManagementEnergy RegulationReportRisk ManagementState Energy Regulation

Climate Risk in the Electricity Sector: Legal Obligations to Advance Climate Resilience Planning by Electric Utilities

This report finds that proactive climate resilience planning by electric utilities is required under public utility law and tort law. An updated version was published as a journal article in the Environmental Law Review in October 2021.
Michael Panfil
Michael PanfilDecember 3, 2020
Adaptation as Risk ManagementBlog/News ArticleEnergy RegulationRisk ManagementState Energy Regulation

Why Electric Utilities Must Engage in Climate Resilience Planning

This blog summarizes a report finding that proactive climate resilience planning by electric utilities is required under public utility law and tort law.
Michael Panfil
Michael PanfilDecember 3, 2020
Agency FilingFinancial RegulationRegulatory Activities

Comments on Department of Labor Fiduciary Duties Regarding Proxy Voting and Shareholder Rights Rule

These comments argue that DOL's Proxy Voting Rule fails to consider evidence that ESG investing is a valid investment strategy.
Michael Panfil
Michael PanfilOctober 5, 2020
Agency FilingFinancial RegulationRegulatory Activities

Comments on Department of Labor Financial Factors Rule

These comments argue that DOL's Financial Factors Rule fails to consider the vast evidence that ESG investing is a valid investment strategy.
Michael Panfil
Michael PanfilJuly 30, 2020
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Explore Resources

  • Comments to the FIO on Climate-Related Financial Risk Data Collection
  • DOL Rule Clarifies That ESG Analysis Is Consistent With Fiduciary Duty. Will It Preempt State Anti-ESG Laws?
  • Are Collective Net Zero Targets Anticompetitive?

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Contact

For media inquiries contact:

Sharyn Stein
T: 202-905-5718
E: sstein@edf.org

Derek Sylvan
T: 614-638-8282
E: derek.sylvan@nyu.edu

Tiffany Challe
T: 212-854-0594
E: tc2868@columbia.edu

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