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Ceres News Feed

Shareholders Laud Hertz For Addressing Fleet Fuel Economy; Urge Avis Budget Group to Follow Suit at its Annual Meeting on June 12
Jan 28, 2011
Lauding Hertz (NYSE: HTZ) for its commitment to report to investors on its plans for improving the fuel economy of its fleet, shareholders called on Avis Budget Group (NYSE: CAR) to follow suit and develop a comprehensive greenhouse gas reduction plan for its rental car operations. Avis Budget faces a shareholder vote on the matter at its June 12 annual meeting in Wilmington, Delaware.
PepsiCo Joins Ceres Network of Companies
Jan 28, 2011
PepsiCo, one of the world’s largest food and beverage companies, has been approved as a member of Ceres’ corporate network. As a Ceres member, PepsiCo will be among the more than 25 Fortune 500 companies that have joined Ceres, a leading coalition of investors, environmental groups and public interest organizations working with companies to address sustainability challenges such as global climate change.
CalPERS CEO Anne Stausboll Elected Board Co-Chair of Ceres, the Nation’s Largest Coalition of Investors and Environmentalists
Jan 28, 2011
Ceres announced today that Anne Stausboll, Chief Executive Officer of the nation’s largest public pension fund, the California Public Employees Retirement System (CalPERS), was unanimously elected as co-chair of its board. Ceres President Mindy S. Lubber made the announcement before 500 corporate leaders, investors and environmentalists at the Ceres 2009 Conference, Achieving a Sustainable Global Economy at the Fairmont Hotel in San Francisco.
Bloomberg L.P. Joins Ceres Company Network
Jan 28, 2011
Bloomberg L.P., a leading information-services and media company, has been approved as a Ceres network company by the Ceres Board of Directors, citing the company’s commitment to sustainability disclosure and setting goals to reduce its environmental impact. Bloomberg is the newest of more than 80 companies that have joined Ceres, a leading coalition of investors, environmental groups and public interest organizations working with companies to address sustainability challenges such as global climate change.
Regulators Require Insurers to Disclose Climate Change Risks and Strategies
Jan 28, 2011
The National Association of Insurance Commissioners (NAIC) today approved a groundbreaking mandatory requirement that insurance companies disclose to regulators and investors the financial risks they face from climate change, as well as actions the companies are taking to respond to those risks.
Levi Strauss & Co. Joins Ceres Network
Jan 28, 2011
Levi Strauss & Co. (LS&CO.), a leading global brand-name apparel marketer, has been approved as a Ceres network company by the Ceres Board of Directors, citing the company’s strong history of corporate citizenship, environmental progress, and support of strong climate and energy policy. LS&CO. is the newest of more than 80 companies that have joined Ceres, a leading coalition of investors, environmental groups and public interest organizations working with companies to address sustainability challenges such as global climate change.
Ceres Announces Two New Board Members
Jan 28, 2011
Ceres is pleased to announce two new board members, Majora Carter, President of the Majora Carter Group, and Jack Ehnes, CEO, California State Teachers’ Retirement System (CalSTRS).
GREEN BIZ: 50 Green, Profitable Companies Reveal Their Strategies and Successes
Jan 28, 2011
Climate change, water scarcity and a dangerous addiction to fossil fuels — the world faces immense crises, and yet the solution to them all lies within our grasp. By rebuilding, repowering, and refueling the planet to create a sustainable, green economy, we can meet these 21st century challenges head on. Forward-thinking businesses grasp the opportunities, and GREEN BIZ by the American Benchmark Press (November 18, 2008) highlights 50 of them, profiling the green strategies of such major businesses as IKEA, IBM, Herman Miller, Statoil , Pacific Gas & Electric, Nike and Timberland.
New Ceres Report Outlines Strategies for Harnessing Foundation Investments to Solve Climate Crisis
Jan 28, 2011
A new Ceres report issued today identifies the steps foundations and individual investors can take to address climate change-related risks and opportunities that may be embedded in their investment portfolios.
Exelon Joins Ceres’ Network of Companies
Jan 28, 2011
Exelon, one of the nation’s largest energy companies, has been approved as a Ceres network company by the Ceres board of directors. Exelon is among more than 25 Fortune 500 companies and eight electric power companies that have joined Ceres, a leading coalition of investors, environmental groups and public interest organizations working with companies to address sustainability challenges such as global climate change.
Curtis Packaging approved as Ceres Network Company
Jan 28, 2011
Curtis Packaging, a private, family-owned, luxury packaging goods company has been approved as a Ceres network company by the Ceres board of directors. The board cited the company’s focus on sustainable packaging and established leadership in the industry. Curtis Packaging is the first packaging company 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.
Jones Lang LaSalle Joins Ceres’ Network of Companies
Jan 28, 2011
Citing the company’s commitment to lead the real estate industry on environmental sustainability and energy efficiency, the Ceres board of directors has approved Jones Lang LaSalle, a financial and professional services firm specializing in real estate services and investment management, as a Ceres network company. Jones Lang LaSalle is the first real estate-sector firm among more than 70 companies to join Ceres, a leading coalition of investors, environmental groups and public interest organizations working with companies to address sustainability challenges.
Brighter Planet, Carbon Credit Corporate, Cone and credit360 Join the Ceres Company Network
Jan 28, 2011
Citing the companies’ commitment to improving their social and environmental performance and reporting, Ceres today announced that it has approved four new companies – Brighter Planet, Carbon Credit Corporation, Cone, and credit360.
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.