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Ceres News Feed

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.
2001 Benchmarking Air Emissions Data
Jan 13, 2011
Ceres, NRDC, and PSEG have recently updated the Benchmarking Report with 2001 electric generation company and power plant data. The information, as in past Benchmarking reports, catalogues and compares air pollutant emissions of the 100 largest U.S. electric power producers for 2001. The information was compiled and analyzed in collaboration by the Natural Resources Defense Council (NRDC); Public Service Enterprise Group Incorporated (PSEG), a New Jersey-based electric utility; and Ceres, a national coalition of environmental and investor groups.
Report: Top Greenhouse Gas Emitters in Oil, Utility and Auto Industries Not Disclosing, Acting on Financial Risks of Climate Change
Jan 13, 2011
Most of America's biggest carbon dioxide-emitting companies - including ChevronTexaco (CVX), ExxonMobil (XOM), General Electric (GE), Southern Company (SO), and Xcel Energy (XEL) - are not adequately disclosing the financial risks posed by climate change and also are failing to deal with global warming issues in other key corporate governance areas, according to a new study of 20 of the world's largest companies.
Electric Power Companies, Investors, and Environmental Groups Join Forces to Call for Action on Climate Change
Jan 13, 2011
An unusual partnership of electric power companies, investors, and major environmental groups today released recommendations for the industry, government and Wall Street on the issue of global warming. Among the recommendations was a call for a mandatory national climate change program to limit greenhouse gas emissions. A national cap on emissions, the participants say, would create business certainty for electric companies and their investors, and would encourage investment in cleaner new technologies.
Strong Showing On Global Warming Resolution At TXU Is "Major Victory" For Religious Shareholder Activists
Jan 13, 2011
A global warming proxy resolution that attracted 24 percent of shareholder support today at TXU Corporation (NYSE: TXU) is a "major victory" for religious institutional investor members of the Interfaith Center on Corporate Responsibility (ICCR), which is pressuring major U.S. utilities to take action on climate-change issues.
Study: Exxonmobil Now The Only Giant Oil Co. Failing To Act On Global Warming Risks
Jan 13, 2011
ExxonMobil (NYSE: XOM) is now alone among the four "supermajor" oil companies in refusing to take meaningful action to mitigate the growing risks posed by global warming, according to a study released today by Claros Consulting of London, England. The Claros report notes that a host of global warming events and trends converging over the last year have "significantly increased" the climate-related risks to the wealth of ExxonMobil shareholders.
Ceres Executive Director Bob Massie steps down Mindy Lubber named new executive director
Jan 13, 2011
Ceres, or The Coalition for Environmentally Responsible Economies, announced today that after seven years as executive director, Bob Massie has decided to step down in order to give himself more time and room to be treated for chronic Hepatitis C. According to Norman Dean, Ceres board chair and executive director, Friends of the Earth, Massie will remain with Ceres as senior fellow, and a member of the Ceres board, allowing him to contribute his ideas and strategic thinking while giving him the opportunity to recuperate.
Ceres/Acca Launch Sustainability Reporting Awards
Jan 13, 2011
The Coalition for Environmentally Responsible Economies (Ceres), in conjunction with the Association of Chartered Certified Accountants (ACCA), is launching the U.S. Sustainability Reporting Awards program. The purpose of the awards program is to contribute to reporting on sustainability, environmental and social issues by corporations and other organizations across the United States, reward best practice and provide guidance to other entities that are publishing or intend to publish sustainability reports, and increase accountability to stakeholders.
Ceres Conference is Backdrop for Ford
Jan 13, 2011
The Coalition for Environmentally Responsible Economies (Ceres) announced today that Ford Motor Company has endorsed the Ceres Principles, a ten-point code of environmental conduct.
Groups To Develop Facility-Level Environmental And Social Corporate Reporting Standard
Jan 13, 2011
In an effort to enhance public disclosure of environmental and social performance, Ceres and the Tellus Institute announced today the launch of the FACILITY REPORTING PROJECT (FRP)
Report Benchmarks Pollution from Top 100 Electric Companies, Shows Disparities Among Competitors
Jan 13, 2011
In a finding that highlights the financial and political stakes in the current debate over reducing power plant emissions, a report released today reveals wide disparities in air pollution emissions from the 100 largest electric generating companies. The report concludes that fewer than 20 power generation companies in the United States account for 50% of carbon dioxide (CO2), mercury (Hg), oxides of nitrogen (NOx), and sulfur dioxide (SO2) emitted into the air by the 100 largest public and private electric power companies in the U.S. Between 4 and 6 companies accounted for 25% of emissions of each pollutant.
GM Environmental Performance Measured
Jan 13, 2011
The first outside assessment of General Motors Corporation's environmental performance concludes that the automaker has made significant improvements since 1994 in reducing its factory emissions, publishing annual reports on its progress, and engaging non-corporate stakeholders in its environmental performance, but that despite the improvement of individual vehicles, it has not improved the overall fuel economy of its fleet.
Environmental Defense and the Alliance for Environmental Innovation Join Ceres Network to Promote Environmental Responsibility
Jan 13, 2011
Ceres, the Coalition for Environmentally Responsible Economies, today announced two new participants in its network. Environmental Defense, a national nonprofit organization representing 300,000 members and The Alliance for Environmental Innovation, it's corporate partnership program, have joined the Ceres Coalition, a network of more than 75 organizations promoting corporate responsibility.
Leading Investors Urge CEO's to Adopt Standardized Sustainability Reporting
Jan 13, 2011
Thirty-nine leading financial investors, managing combined assets in excess of $140 billion, today urged the CEO's of the 500 largest US companies to undertake standardized sustainability reporting measures for Year 2000. Sustainability reporting, as defined by the Global Reporting Initiative (GRI), links the three aspects of sustainable business practices-economic, social and environmental-in a standardized format reflective of financial reporting standards that have been common practice for decades.
Nike makes New Environmental Commitment
Jan 13, 2011
The Coalition for Environmentally Responsible Economies (Ceres) announced today that Nike has endorsed the Ceres Principles, a ten-point code of environmental conduct that encourages companies to commit to continual improvement in their environmental performance.
Hoteliers and Corporate Travel Buyers Partner In Major Environmental Effort
Jan 13, 2011
Leading representatives of the hospitality industry, corporate travel buyers, government and environmental experts gathered in Atlanta, initiating a project to increase the supply and demand of environmentally friendly hotels. Never before have both procurers and providers of the lodging industry spearheaded such an effort.
Engaging North American Stock Exchanges on Sustainability Disclosure Webinar
Jan 13, 2011
January 13, 2011 - This webinar discusses ways INCR members can work with stock exchanges to implement sustainability best practices for the exchanges themselves and their issuer companies.
The Ripple Effect: Water Risks In The Municipal Bond Market
Jan 12, 2011
Investing in municipal bonds for major infrastructure projects bears hidden risks, says a newly issued report “The Ripple Effect: Water Risk in the Municipal Bond Market” by CERES. Many local and state governments are running the risk of defaulting on bonds because of massive financial problems. Worse, many electric and water utilities are experiencing surging water demand, pollution and more frequent drought. Despite these challenges, some municipal bonds still enjoy stable ratings agencies like Fitch, Moody’s and Standard & Poor’s and fail to point out apparent risk factors.
Ceres & Trillium Seek Nominations to Honor Leaders in Building Sustainable Global Economy
Jan 11, 2011
January 11, 2011 – Ceres and Trillium Asset Management are seeking nominations for the fourth annual Joan Bavaria Awards for Building Sustainability into the Capital Markets. The Joan Bavaria Awards are given annually to two leaders working to move the capital markets toward a system that balances economic prosperity with social and environmental concerns. One award is given for long-term impact; the second award is for innovation.
CA Technologies Joins Ceres Network of Companies
Jan 11, 2011
January 11, 2011 – Ceres announced today that it is has approved CA Technologies, a global IT software management company, as a Ceres network company. The New York-based company is the first software firm to join the Ceres company network.