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Ceres News Feed

Oil And Gas Industry Faces Record Number Of Global Warming Shareholder Resolutions At Wider Range Of Firms
Jan 27, 2011
The oil and gas industry faces a record number of global warming shareholder resolutions in 2004, with an expansion of such proxy measures to smaller independents. State, city, religious and other institutional shareholders have filed 13 resolutions requesting risk disclosure and plans to reduce greenhouse gas emissions with 10 oil and gas companies, 5 of which are facing questions on the issue for the first time. In addition to targeting household names such as ExxonMobil and ChevronTexaco, the shareholders have broadened their concern to smaller, independent exploration and production companies, such as Devon and Apache. These companies, the shareholders say -- which only drill for and produce oil and gas and are not diversified with distribution or retail operations -- are even more vulnerable to regulatory- or market-based limits on carbon dioxide emissions worldwide.
American Electric Power, Cinergy Agree To Report To Shareholders On Responses To Rising Pressure To Reduce Greenhouse Gas, Other Emissions
Jan 27, 2011
In response to shareholder proposals for greater transparency on how companies are planning for potential constraints on carbon dioxide and other emissions, electric power giants American Electric Power and Cinergy have agreed to report publicly about on how they are responding to growing pressure to reduce greenhouse gas and other emissions. The company reports will assess the impacts of and potential responses to a number of policy scenarios, including various proposals in Congress and existing state legislation to limit carbon dioxide and other emissions. Both companies agreed to the shareholders' request that a committee of independent directors oversee the report. As a result, shareholders will withdraw resolutions facing the two companies.
In Follow-Up to Investor Summit on Climate Risk, California Treasurer Launches Environmental Disclosure and Investment Initiative
Jan 27, 2011
California State Treasurer Phil Angelides today launched a landmark initiative to use CA pension funds' clout and considerable assets to demand more disclosure of climate- and other environmental risks from portfolio companies and invest in clean energy technologies to encourage job creation and economic growth in California. He cited the Ceres-led Investor Summit on Climate Risk, held at the United Nations in November, 2003, as part of the impetus for the announcement.
Investor Coalition Finds U.S. Corporations Face Multi-Billion Dollar Risk from Climate Change, Risk Not Adequately Assessed by Boards and Investors
Jan 27, 2011
There is mounting evidence that failure to respond to the risks posed by climate change could result in multi-billion dollar losses for U.S. businesses and investment portfolios, and this failure could represent a breach of fiduciary duty on the part of corporate directors and investment decision-makers, according to a report released today.
Global Warming Heats Up On Wall Street
Jan 27, 2011
In an historic expression of growing alarm at the potential economic costs of global warming to U.S. pension funds, institutional investors representing over $1 trillion in assets will gather with senior representatives of Wall Street fund management firms for a closed- door summit at the United Nations New York headquarters Friday to examine the risks of climate change to their portfolios and determine further action. Key participants will hold an in-person and phone-based media briefing at 1 p.m. to report on actions they may take.
New Belgium Brewing Joins Growing BICEP Business Coalition Advocating Strong Energy, Climate Policies
Jan 26, 2011
January 27, 2011 – New Belgium Brewing, the nation’s third largest craft brewery, today announced it is joining the fast-growing Business for Innovative Climate & Energy Policy (BICEP) coalition, a group of major American businesses pushing for passage of comprehensive energy and climate legislation in the U.S.
Finalists Chosen for Ceres-ACCA North American Sustainability Reporting Awards
Jan 26, 2011
Ceres and the Association of Chartered Certified Accountants (ACCA) today announced the shortlist of candidate reports for the Ceres-ACCA North American Sustainability Reporting Awards for 2007. Of the 87 sustainability reports received, 21 were selected for further consideration by the judges’ panel that meets next month. The final winners will be announced at the Ceres Annual Conference at the Renaissance Waterfront Hotel in Boston on April 29, and also at an awards ceremony in Vancouver on May 14.
Finalists Chosen for Ceres-ACCA North American Sustainability Reporting Awards
Jan 26, 2011
Ceres and the Association of Chartered Certified Accountants (ACCA) today announced the shortlist of candidate reports for the Ceres-ACCA North American Sustainability Reporting Awards for 2008. Of the 99 sustainability reports received, 19 were selected for further consideration by the judges’ panel that meets next month. The final winners will be announced at an ACCA Canada hosted awards ceremony at the Carlu in downtown Toronto on April 6, 2009 and at Ceres 20th Anniversary Conference at the Fairmont Hotel in San Francisco on April 15-16, 2009.
Ceres-ACCA Announce 19 Finalists for Sustainability Reporting Awards
Jan 26, 2011
Ceres and the Association of Chartered Certified Accountants (ACCA) today announced the shortlist of candidate reports for the Ceres-ACCA North American Sustainability Reporting Awards for 2006. Of the 102 sustainability reports received, 19 were selected for further consideration by the judges’ panel that meets next month. The final winners will be announced at an awards ceremony in Toronto on April 12, 2007 and also at the Ceres Annual Conference at the Seaport Hotel in Boston on April 25, 2007.
Call For Submissions To The Ceres-Acca 2004 North American Awards For Sustainability Reporting
Jan 26, 2011
The Association of Chartered Certified Accountants (ACCA) and Ceres, a US coalition of environmental and investor groups today called for submissions to the Ceres-ACCA North American Awards for Sustainability Reporting 2004. These awards, the first ever in North America, are entering their third year.
Suncor Energy Wins Ceres-Acca Sustainability Reporting Award
Jan 26, 2011
Ceres and the Association of Chartered Certified Accountants (ACCA) presented reporting awards to five companies for the second annual Ceres-ACCA North American Sustainability Reporting Awards at a luncheon in Boston today. Suncor Energy, Inc., a Canadian company, took the top award.
Many 'New Faces' Make Shortlist For Ceres - Acca Sustainability Reporting Awards
Jan 26, 2011
Ceres and the Association of Chartered Certified Accountants (ACCA) today announced the shortlist of candidate reports for the Ceres-ACCA North American Sustainability Reporting Awards 2003 program. Of the 52 applications received, 21 were selected for further consideration by the judges' panel that meets next month, including 16 for sustainability reporting and 5 for environmental reporting. This group includes several first-time reporters as well as small and medium sized reporters.
California Dreaming: Making Carbon Reduction Legislation a Political Reality
Jan 25, 2011
In this episode, we’re joined by Kevin Kennedy, executive officer of California’s Air Resources Board’s climate division and main architect of the bill’s cap-and-trade rules. Kennedy describes the process and progress on climate policy in California and what it might mean for carbon management in the rest of the country.
Finalists Chosen for Ceres-ACCA North American Sustainability Reporting Awards
Jan 25, 2011
Ceres and the Association of Chartered Certified Accountants (ACCA) today announced the shortlist of candidate reports for the Ceres-ACCA North American Sustainability Reporting Awards. Of the 98 sustainability reports received, 17 were selected for further consideration by the judges’ panel that meets next month. The final winners will be announced at the Ceres Annual Conference on May 11-12th in Oakland, Calif.
Internationally Recognized Architectural Firm Endorses Ceres Principles of Environmental Conduct
Jan 13, 2011
William McDonough & Partners, an award-winning architecture and community design firm based in Charlottesville, Virginia, today announced its endorsement of the Ceres Principles, a code of environmental conduct established by Ceres, the Coalition for Environmentally Responsible Economies. Internationally recognized as one of the leading practitioners of sustainable design, WM&P is the first design firm to join the more than 50 corporate supporters of the Ceres Principles, thereby signalling its intention to encourage the design industry's adoption of ecologically intelligent methods and practices.
Effort to Measure Social, Environmental and Economic Performance of Companies Receives $3 Million Grant From United Nations Foundation
Jan 13, 2011
The United Nations Environment Programme (UNEP) has received a grant totaling $3 million over two years from the United Nations Foundation (UNF) to support the Global Reporting Initiative (GRI), an international effort designed to develop guidelines for measuring the social, environmental and economic performance of multi-national companies. The grant will be administered by UNEP through its Technology, Industry, and Economics Division based in Paris, France.
AMR Corp., Parent of American Airlines, Joins Environmental Initiative
Jan 13, 2011
AMR Corporation, the parent company of American Airlines (AA), announced today its participation in a major environmental initiative, becoming the first airline company to adopt the ten-point code of corporate environmental conduct known as the Ceres Principles. Culminating after several months of dialogue between AA and the Coalition for Environmentally Responsible Economies (Ceres), the announcement is viewed as a significant step in environmental progress and innovation in the aviation industry.
Corporate Accountability Initiative Gains Momentum with Ceres Announcement in New York
Jan 13, 2011
The Coalition for Environmentally Responsible Economies (Ceres) announced today the endorsement of environmental reporting standards by Northeast Utilities, the New England power company that has played a leading role in promoting clean fuels and environmental responsibility in its generation of energy.
Leading Computer Firm Endorses Ceres Principles
Jan 13, 2011
Penguin Computing and the Coalition for Environmentally Responsible Economies (Ceres) jointly announced today that the fast-growing Linux Solutions company has joined Ceres. "We are committed to environmentally responsible business in the strongest sense; it's the right way, and the only way, to do business" says Sam Ockman, President and Founder of Penguin Computing.
Agreement Reached on Proposed Guidelines for Global Sustainability Reporting
Jan 13, 2011
The Coalition for Environmentally Responsible Economies (Ceres), a major U.S. coalition of investors, environmental and advocacy groups, announced today that for the first time, non-governmental organizations, environmental groups, business organizations, and other interested stakeholders agreed on a proposed set of globally relevant guidelines for corporate performance reporting on sustainability.