Blogs By Ceres
A listing of blogs authored by Ceres
SEC Climate Risk Disclosure Effort Under Serious Attack from Congress
Jul 18, 2016
- The lifeblood of financial markets is accurate information, and a major part of the SEC’s mission is to ensure that publicly traded companies provide investors with information material to their performance. A misguided proposal countering these needs is becoming part of recent federal funding negotiations.
Wine, Beer and Medicine: 3 Companies Helping Solve California’s Water Woes
Jul 11, 2016
- Despite recent news that drought-ridden California is sitting on top of large reserves of previously unrecognized, deep groundwater resources, the state still faces significant water challenges.
Why We Believe the Auto Alliance Review of Fuel Economy Standards Misses the Mark
Jul 06, 2016
- Last week, we published an analysis of how future fuel economy standards could affect the auto industry and its suppliers. Federal agencies are now reviewing these standards (the Rule), and auto analysts like us are eager to see what the new standards, which stretch out to 2025, will be like.
State Policies Drive Utilities to Invest in Clean Energy Boom
Jun 28, 2016
- Midwest utilities are embracing renewable energy and energy efficiency and supportive state policy is a major driver of this trend.
Watershed Protection Comes From Corporate Partners
Jun 24, 2016
- Coca-Cola is backing efforts to help restore key watersheds in southern California, signaling a new era in corporate water stewardship, writes Kirsten James, who oversees the California policy program at Ceres.
Investors Must Keep Pressuring Oil Majors on Climate Risk
Jun 06, 2016
- Annual general meetings are usually a time for reflecting on strategies to increase revenues for the coming year, global energy outlooks, and governance. But last week’s meetings at ExxonMobil and Chevron were different. They represented a watershed moment in combating the threats posed by climate change.
Recycled Water Key to California’s Water Security
May 25, 2016
- Recycled water could play a major role in helping to secure a more sustainable water future for California, but the state needs to take some key steps to move implementation along quicker. Polls indicate that the public is ready.
The Reality Behind Exxon's Claims on Item 12
May 19, 2016
- See Ceres' point-by-point response to a shareholder letter sent by ExxonMobil's Vice President of Investor Relations and Secretary, Jeffrey J. Woodbury.
A 2020 roadmap for corporate sustainability
May 16, 2016
- Plotting a company’s future is never a static process. Circumstances shift. Technologies change. Trends accelerate. This is surely the case as global businesses grapple with sustainability pressures like climate change, water risks and human rights challenges. Just as the urgency and complexity of these threats are increasing, operating environments for businesses are also changing dramatically. That’s why we recently announced updated Ceres Roadmap expectations calling for accelerated action on key issues.
Can California Make Saving Water a Way of Life?
May 16, 2016
- California may be in danger of losing the gains it has worked hard to achieve in the last year in water conservation. A wet winter doesn’t mean California is in the clear.
Ethiopia, Where the Paris Climate Agreement Gets Real
May 02, 2016
- As global leaders gathered at the United Nations to sign a historic climate agreement, Ceres' Peyton Fleming and his family stood in front of a tiny solar-powered trailer on the side of a dusty, dirt-packed road in Ethiopia.
Warren Buffett's Mixed Signals on Climate Risk and Insurance
Apr 28, 2016
- When it comes to addressing climate change impacts to Berkshire Hathaway’s insurance business, Warren Buffett paints a somewhat misleading picture that minimizes the business risks posed by a demonstrably changing climate. In doing so, Buffett begs serious questions about his company’s planning for climate impacts and undermines confidence in the insurance division’s climate resilience.
Statement on the AES Shareholder Vote
Apr 22, 2016
- Yesterday at the annual meeting of utility AES, shareholders had their first chance to vote on a resolution asking a U.S. based company to stress test its investments against the low carbon future that the Paris agreement will help bring about. The resolution received support from 42% of investors, the highest vote ever for a 2 degree stress testing resolution in the U.S.
While the SEC Ignores Climate Change Risks, Others Step Up
Apr 11, 2016
- Six years ago, the SEC took one giant step toward acknowledging climate change as a financial risk and opportunity for markets. Their formal guidance on climate risk discusses climate risks, how they are material, and how they are disclosed—but the SEC has almost nothing to enforce that guidance.
'Sustainable' means different things in politics, but it's sound thinking in business
Apr 07, 2016
- Mention the word "sustainable" to a liberal member of Congress and you immediately have credibility, common ground with many. Mention the word "sustainable" to a conservative member and you might have a disagreement on your hands or, at a minimum, whatever you say after that will go unheard. But what does "sustainable" mean?
Why Food Waste Means Water Waste
Apr 07, 2016
- From an economic, environmental and social standpoint, keeping food out of landfills is imperative. We waste 40 percent of the food we buy each year while one in seven Americans go hungry, and the global agriculture industry emits one-third of the world’s greenhouse gas emissions. But there’s another aspect of the food waste problem that gets much less discussion, one that is also critically important to water-stressed California: Saving food equals saving water.
Big Oil Gearing Up to Battle Electric Vehicles
Apr 07, 2016
- Tesla recently unveiled the Model 3, a mass market, affordable electric vehicle with a starting price of $35,000 and a two hundred mile range. In just over five days, more than 276,000 people put down $1,000 to reserve their own Model 3, signaling that American appetite for electric vehicles (EVs) is on the rise. That’s good news because GHG emissions from transportation are growing faster than in any other sector in the U.S. and account for about 30 percent of the total. A major shift to electrified vehicles is necessary to give us a fighting chance to meet our climate goals.
Worms and Wine? Fetzer Vineyards First to Adopt Innovative Wastewater Treatment System to Save Water / Combat Climate Change
Apr 06, 2016
- It takes a lot of water to make a glass of California wine, anywhere from two to 15 gallons of water, according to recent studies. And as the state moves into its fifth year of drought, many California wineries are rethinking how they use water and the way they do business.
CalPERS raises bar on corporate directors’ role in tackling climate change
Apr 06, 2016
- Last month, the country’s largest pension fund, the California Public Employees Retirement System, updated its Global Governance Principles, which drive its efforts on corporate engagements, proxy voting and investment decision making. The principles now state that board members of companies that CalPERS owns should have “expertise and experience in climate change risk management strategies.” This move is hugely important.
How Can We Ensure the Race for Clean Energy Doesn't Leave the World's Poorest Citizens Behind?
Apr 05, 2016
- Wind power is booming in Mexico. With more than 3,200 megawatts in operation, the country is on par with Japan. By 2018 it expects to have 10,000 MW installed as part of the government’s Climate Action Plan. Promising, right?