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Ceres News Feed

Investors Praise California Senate Leaders for Passing Historic Climate Disclosure Bill
Jan 28, 2011
U.S. and Canadian investors praised California Senate leaders for approving a measure which will result in the nation’s first state standard for voluntary climate risk disclosure by corporations. California Senate Bill 1550, “Corporations: climate risk disclosure”, was approved on the floor of the California State Senate today and now moves to the California Assembly for consideration.
Ceres and Heinz Center Launch Resilient Coasts Initiative
Jan 28, 2011
Ceres and the Heinz Center today announced the launch of the Resilient Coasts Initiative, a first-of-its-kind collaboration of private and public sector groups to find public policy and private market solutions to better protect coastal communities from rising sea levels and other potentially damaging consequences of climate change.
New Report Lays Out Potential Implications of Global Warming Carbon Allowance Proposals on Consumers and Power Companies
Jan 28, 2011
A new report released today shows that carbon allocation scenarios under Congressional legislative proposals to limit global warming pollution will have dramatically different financial impacts – with billions of dollars at stake – on power companies and consumers.
Virgin America Joins Ceres’ Network of Companies
Jan 28, 2011
Virgin America, the new California-based airline aimed at reinventing air travel has been approved as a Ceres network company by the Ceres board of directors. The board cited the company’s founding commitment to being a sustainability leader in the airline industry. Virgin America is the second airline to join Ceres, a leading coalition of investors, environmental groups and public interest organizations working with companies to address sustainability challenges, and is among more than 70 companies in the Ceres network, including over 25 Fortune-500 companies
Ceres Report: Mutual Fund Industry Opposition to Climate Change Resolutions Begins to Thaw;
Jan 28, 2011
The mutual fund industry’s previously icy attitude toward climate change shareholder resolutions is beginning to thaw as Wall Street starts to recognize the financial risks and opportunities of global climate change, according to a new Ceres report announced today analyzing the voting records of 1,285 funds of 62 leading mutual fund firms.
Citi Joins Ceres’ Network of Companies
Jan 28, 2011
Citing the company's leadership on climate change, Citi has been approved by the Ceres board of directors as a Ceres network company. Citi Inc. is the world’s largest financial services company, which provides global consumer services, corporate investment banking, global wealth management and alternative investment services. Citi is among several leading financial service companies, including Bank of America, State Street, and Wachovia, that have joined Ceres, a leading coalition of investors, environmental groups and public interest organizations working with companies to address sustainability challenges. Citi is among more than 70 companies in the Ceres network, including more than 20 Fortune 500 companies.
Promotional Product Solutions Joins Ceres’ Network of Companies
Jan 28, 2011
Citing Promotional Product Solutions’ (PPS) ethical sourcing and socially responsible promotion initiatives, PPS has been approved by the Ceres board of directors as a Ceres company.
HSBC, Other European Banks Receive Top Scores in First-Ever Ranking of 40 Leading Banks on Climate Change Strategies
Jan 28, 2011
While encouraging progress is being made, the banking sector still has a long way to go in confronting the business challenges posed by global climate change, according to a first-ever report issued today by the Ceres investor coalition that analyzes climate change governance practices of 40 of the world’s largest banks.
Anvil Knitwear, Inc. Approved as Ceres Company
Jan 28, 2011
Citing Anvil Knitwear's commitment to further integrate environmental and social performance into the company's U.S. and international facilities, Anvil has been approved by the Ceres board of directors as a Ceres company.
Bank of America Charitable Foundation Funds Formation of "National Task Force on Energy Efficiency" by Ceres and United Nations Foundation
Jan 28, 2011
As part of its $20 billion initiative supporting the growth of environmentally sustainable business activity to address global climate change, Bank of America today announced a $1 million grant to the United Nations Foundation to establish a "National Task Force on Energy Efficiency" with Ceres.
Ceres Recognized as Corporate Governance Leader
Jan 28, 2011
Ceres has been named one of the 100 most influential players in the corporate governance movement by Directorship Magazine. Ceres cutting edge work improving corporate governance practices was highlighted in the magazine’s September issue.
Wachovia Corporation Approved as Ceres Company
Jan 28, 2011
Citing the company's commitment to sustainability issues, Wachovia Corporation has been approved by the Ceres board of directors as a Ceres company to further integrate environmental and social performance into the company's business strategies and initiatives.
Suncor Energy Approved as Ceres Company
Jan 28, 2011
Citing the company’s strong focus and attention on sustainability issues for the past 10 years, the Ceres board of directors today announced that it has approved Suncor Energy as a Ceres company.
Fuel Cell Company Plug Power Inc. Approved as Ceres Company
Jan 28, 2011
Citing the company’s mission to transform the energy industry in ways that will benefit the economy and the environment, the Ceres board of directors announced today that it has approved Plug Power Inc. as a Ceres company.
Haley & Aldrich Approved as Ceres Company
Jan 28, 2011
Haley & Aldrich, Inc., a nationally recognized environmental and engineering consulting firm based in Boston, has been accepted into the Ceres network of companies that are committed to enhancing value by integrating environmental and social performance into business strategies and initiatives. Haley & Aldrich is among more than 70 companies in the Ceres network, including 20 Fortune 500 companies. Other companies in the Ceres network include Aveda Corporation, National Grid, Nike and Seventh Generation.
Gap Inc. Joins Ceres Network of Companies
Jan 28, 2011
Citing the company’s focus on improving labor standards and factory conditions in its extensive supply chain, the Ceres board of directors today announced that is has approved apparel giant Gap Inc. as a Ceres company.
Ceres Announces "Sustainable Prosperity" Survey Results
Jan 28, 2011
Investors, environmentalists and business leaders are cautiously optimistic that sustainability conditions in North America and developing countries will improve in the next two decades, according to the Ceres “Advancing Sustainable Prosperity” survey conducted last week at the Ceres annual conference in Boston. Attendees at the two-day conference were queried on a range of topics pertaining to sustainability – the issues, challenges and opportunities for achieving sustainable prosperity in global economy.
Shareholders Withdraw ConocoPhillips Climate Change Proposal
Jan 28, 2011
In response to today’s announcement by ConocoPhillips that it will support a mandatory federal policy to cap greenhouse gas emissions and take other measures to reduce its climate impact, Trillium Asset Management Corporation will withdraw a shareholder proposal encouraging the company to invest more in developing low- and zero-carbon technologies.
Investors Persuade Home Builders, Retail Giant and Hotel Chain to Disclose Energy Efficiency Performance
Jan 28, 2011
In response to shareholder requests, two leading homebuilders, the nation’s largest warehouse club chain and a hotel chain have agreed to significantly expand reporting and disclosure on energy efficiency performance.
Hartford Insurance and Prudential Financial Commit to Climate Change Disclosure
Jan 28, 2011
Calvert, one of the nation’s largest families of socially responsible mutual funds, announced today that it has withdrawn climate change shareholder resolutions filed with two leading insurance companies: The Hartford Financial Services Group, Inc. and Prudential Financial Inc.