Blogs By Ceres
A listing of blogs authored by Ceres
The SEC Must Improve Disclosure of Material and Emerging Sustainability Risks
Aug 10, 2016
- The U.S. Securities and Exchange Commission is starting to take sustainability risks—and corporate reporting of those risks—seriously.The concept is straightforward: climate change, water scarcity, human and workers’ rights, and the ongoing global transition to a low carbon economy pose significant risks and opportunities to companies and the investors who own them.
Why Passing Climate Legislation Is Good for California’s Water
Aug 08, 2016
- As every Californian knows by now, the state is in the fifth year of a drought, and this persistent imbalance of supply and demand in the water supply is likely the new norm. The good news is that many state leaders have woken up to this fact, and in recent years have been clearing some of the logjams around smart water management.
Wall-Street Warriors Becoming Water Aware
Aug 02, 2016
- Devastating droughts in California, Brazil, South Africa and elsewhere, coupled with global trends of groundwater depletion and water quality degradation are motivating investors to become more water aware. With support from The Rockefeller Foundation, Ceres leverages the power of institutional investors, who own or lend to many of the world’s largest companies, to play a more decisive role in protecting the Earth’s freshwater resources.
Complications of ‘New’ Deep Groundwater
Jul 22, 2016
- As exciting as it was to learn of deep groundwater reserves in California, the state’s efforts now are better spent pursuing more cost-effective solutions already at our fingertips.
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.