Ceres In The News
Listing of news clips featuring Ceres and our work.
Shareholder pressure mounts on downgraded ExxonMobil
Apr 28, 2016
- A growing list of major investors is backing calls on ExxonMobil to acknowledge climate risk, after its credit rating was downgraded on Tuesday. British insurer Aviva and Seattle’s public pension fund are among the latest to declare their support for a shareholder resolution to be considered at next month’s AGM. California’s CalPERS, New York City Pension Fund and the Church of England are also in favour.
Earth Day 2016: Paris Climate Agreement To Be Signed By Over 150 Countries At UN Ceremony In New York
Apr 25, 2016
- Leaders from more than 150 countries are set to gather in New York City on Friday to sign the landmark climate change deal struck in Paris last year. The event will be the latest in a series of steps to transform the global accord into an actual tool for combating greenhouse gas emissions and boosting the use of cleaner energy.
Corporations Move to Curb Global Warming
Apr 25, 2016
- The deal 195 nations finalized in December in Paris may be the most important climate agreement ever reached, but pockets of corporate leaders, financial regulators and money managers remember it for another reason: a shift in how the business community views global warming.
One Way The Paris Climate Pact Is Already Having A Huge Effect
Apr 20, 2016
- On Wednesday, two days before world leaders are scheduled to sign the historic climate treaty reached in Paris last December, more than 100 businesses — including corporate titans like Google, Ikea, Salesforce, Starbucks and General Mills — called for “swift action” on President Barack Obama’s signature climate regulation, a key part of the U.S. commitment to cut carbon emissions.
CalPERS calls on Exxon and Chevron to disclose financial risks of climate change
Apr 13, 2016
- The California Public Employees' Retirement System is joining a growing number of investors calling on Exxon Mobil Corp. and others to disclose the financial risks of climate change and climate change policies. Shareholders of Exxon Mobil, Chevron Corp. and seven other energy companies will soon gather for annual meetings where votes will be cast on climate risk disclosure.
Obama’s Wall Street Watchdog Does Little To Protect Investors From Climate Risk
Apr 12, 2016
- Investors and the global environment are at risk because the nation’s primary securities regulator has done “almost nothing” in recent years to ensure that publicly traded companies properly warn their investors about the threat of climate change, according to a top environmental adviser to U.S. money managers.
Coalition of Conscious Companies Asks EPA to Strengthen Big Rig Emissions Standards
Apr 08, 2016
- A coalition of a dozen major food brands and retailers have asked federal regulators not to back down on reducing trucking emissions and increasing fuel economy.
Can you power a business on 100% renewable energy? Ikea wants to try
Apr 08, 2016
- An increasing number of big businesses including Google and Mars are opting to get their power from renewables – helping the planet and their profit margins.
Business Coalition Says Proposed EPA Truck Rules Too Easy
Apr 04, 2016
- A coalition of major food companies, retailers and other businesses want federal regulators to take a hard line on reducing truck emissions and increasing fuel economy.
Even Saudi Arabia Is Preparing For The End Of Oil
Apr 04, 2016
- The world’s dependence on oil is fading, and Saudi Arabia doesn’t want to get left behind. The kingdom will build a $2 trillion sovereign wealth fund to slowly but unmistakably transform its economy for a post-oil world, Bloomberg reported Friday morning.
Climate Questions Harder for Companies to Dodge
Mar 29, 2016
- Fossil fuel companies such as Exxon Mobil Corp. and Chevron Corp. are finding it increasingly difficult to dodge investor requests to address climate change as more resolutions are proposed on the subject than ever before.
Exxon Must Hold Shareholder Vote on Climate Change Resolutions, SEC Says
Mar 28, 2016
- One measure calls on Exxon to take moral responsibility for climate change and adopt a policy to limit average global temperature increases. A second would compel the oil giant to explain how its business would be affected by the worldwide commitment to slowing climate change. They are among seven resolutions on global warming proposed for Exxon's May 25 annual meeting.
Why Levi’s Is Giving Away Its Trade Secrets
Mar 23, 2016
- On World Water Day, blue-jean company Levi Strauss & Co. said it plans to reveal its strategies for reducing water use by 96 percent when making denim, so the tactics can be adopted by competitors across the industry.
Recycled water system to be put to test at development near Tracy
Mar 22, 2016
- The White House recently issued a government-wide directive to reduce the nation’s vulnerability to drought, which it said “poses a serious and growing threat to the security and economies of communities nationwide.” To that end, 150 businesses and nonprofits will pledge $4 billion in private capital to improve water resiliency.
Legislation Looks to Improve Corporate Climate Disclosure
Mar 18, 2016
- New legislation calls on the Securities and Exchange Commission to update its industry-specific reporting guides for oil, gas and mining companies to better reflect financial risks posed by climate change.
Shareholders Press Suncor on Climate Policy and Political Lobbying
Mar 17, 2016
- Shareholders are pushing Canada’s dominant oilsands player to provide more detail on two sticky topics: its plans to thrive under tougher climate policy and its political lobbying.
How Nestlé Waters’ New CSO Balances Resource Management, Consumer Demand
Mar 14, 2016
- These are tough times to be a chief sustainability officer of a bottled water company in the US, operating in many regions facing water scarcity and drought, making water an increasingly limited — and valuable — resource. This is the situation that Nelson Switzer finds himself in, as the newly appointed vice president and chief sustainability officer of Nestlé Waters North America.
Warren Buffett Is Wrong About Climate Change
Feb 29, 2016
- In an annual letter to investors in his conglomerate Berkshire Hathaway, Warren Buffet fought back against a proposed shareholder resolution demanding his insurance subsidiaries measure and disclose the risks that climate change poses to their business and how the company is responding to the threat.
In Exxon's Latest Annual Report, It's Business as Usual on Climate Change
Feb 26, 2016
- ExxonMobil's annual report to stockholders this year may be more noteworthy for what the fossil fuel giant didn't say about global warming than for what it did say. In the document's legally mandated discussion of risks to the business, Exxon didn't disclose that the New York State attorney general is investigating whether the company violated shareholder and consumer protection statutes in its communications about climate change over almost four decades.
Shareholders Ask the SEC: Stop ExxonMobil’s Attempts To Block Climate Resolutions
Feb 26, 2016
- Now is just not a good time to be ExxonMobil. Five shareholders, led by New York state’s comptroller, asked the U.S. Securities and Exchange Commission to reject the oil giant’s plan to block a climate change shareholder resolution. Filed in December, the shareholder resolution requests that by 2017 Exxon publish an “annual assessment of long-term portfolio impacts of public climate change policies.”