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Ceres News Feed

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.
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.