Ceres In The News
Listing of news clips featuring Ceres and our work.
Investors Ask Oil, Insurance Groups to Disclose Safety Plans
Aug 05, 2010
- A coalition of mostly institutional investors is demanding oil and gas companies disclose their existing safeguards and plans of action in the event of another offshore rig disaster and possible oil spill like the one experienced by BP PLC and other companies in the Gulf of Mexico.
California, New York Pension Funds Demand Detail on Oil Groups Spill Plans
Aug 05, 2010
- The investors sent letters to the chief executive officers at 27 oil and gas producers such as Exxon Mobil Corp and insurance companies including American International Group Inc., asking them to detail their capability to prevent or respond to an accident, as well as what they learned from the Gulf spill. U.S. states, through their public pension funds, invest in such companies as ConocoPhillips and Chevron Corp.
Extracting Oil from Canadian Sand Pits
Aug 03, 2010
- Canada has some of the most oil in the world, and about half of it comes from the "oil sands." Oil companies use some of the most expensive, energy intensive technology to extract the oil from the sand -- which leaves an impact on the environment too.
Health Rules Could Cut Greenhouse Emissions
Jul 25, 2010
- A proposed rule on mercury, a pollutant bad for fish and the people who eat too many of them, could help the administration of President Barack Obama get near its short-term climate goal, even if the U.S. Congress fails this year or next to pass a bill tackling greenhouse gases directly.
Green Firms Uniting to Flex Political Muscle
Jul 11, 2010
- Several green-friendly businesses — including many young tech companies not yet household names — are the regional face of a multimillion dollar lobbying effort aimed at key senators across the country. Their effort is backed by some of the world’s most recognizable consumer brands and Fortune 500 companies, lending their corporate names to persuade Congress to support climate and energy legislation on Capitol Hill.
Utilities Face the Decision Point of Big Shifts -- to Gas, Renewables and Efficiency
Jul 09, 2010
- With or without a climate bill, electric utilities are shifting their investments to efficiency measures that cut long-term costs and integrate more natural gas and renewable energy into their power supplies, according to a new report.
Record Proxy Season as Shareholders Crank Up Climate Demands
Jul 08, 2010
- Pressure on US firms to develop climate change policies has reached record levels, according to new figures from ethical investor coalition Ceres showing that more than 100 climate and energy-related shareholder resolutions were filed during this year's proxy season.
$10 Trillion Investor Group to Act Big on Big Oil and Insurance
Jun 24, 2010
- The Investor Network on Climate Risk (INCR), an investor coalition representing $10trn of assets, is planning to write to oil majors – as well as insurers and re-insurers – in the wake of BP’s Deepwater Horizon oil spill in the Gulf of Mexico. Rob Berridge, senior manager of investor programs at Ceres, said the INCR is currently drafting the letter.
Outdoor Operators Urge Senate to Pass Climate Legislation
Jun 15, 2010
- While our Senate leaders decide whether to begin debate this summer on the nation's first comprehensive climate change and energy legislation, businesses like ours in Montana and throughout the nation are concerned about the impacts of climate change on our $3 billion a year tourism and recreation economy.
EPA Vote: Momentum Builder?
Jun 13, 2010
- Last week, the Senate defeated a resolution by Sen. Lisa Murkowski, R-Alaska, to overturn EPA climate regulations. The result, which fell four votes short of passage, set off a barrage of statements from senators and interest groups saying the vote is – or is not – symbolic of how lawmakers would vote on comprehensive energy and climate legislation.
The Rise of the Climate Consultant
Jun 03, 2010
- Although the fate of climate legislation in the Senate is uncertain at best, some companies are snapping to attention because of a mix of federal action and historic weather calamities—the kind scientists say are likelier in a warmer world. Flooding in early May killed 30 people in the Southeast. The East Coast braved two "once-in-a-century" snowstorms in two months. This decade is the hottest in recorded history. Despite intense opposition, the Environmental Protection Agency is moving ahead with carbon regulations. And in February, the Securities & Exchange Commission urged public companies to disclose material risks from climate change.
Oil sands risks like slow-motion oil spill: report
May 17, 2010
- Some environmental risks of Canada's oil sands are similar to the Gulf of Mexico oil spill "but playing out in slow motion," the co-author of a report, by RiskMetrics Group on commission by Ceres, warning investors of the ecological, financial and social risks of oil sands development said on Monday.
Tar Sands Oil Extraction Spreading Rapidly
May 17, 2010
- The successful development of Canada's tar sands has triggered a rush by Shell and other oil companies to set up similar operations in Russia, Congo and even Madagascar. The revelations come just 24 hours before Shell's annual general meeting and on the day when Ceres launches its own survey warning that Canadian tar sands extraction could pose an even bigger risk than the U.S. rig disaster which has knocked $30bn (£20.6bn) off the value of BP.
BP's Environmental Record
May 09, 2010
- The Gulf of Mexico spill is one of many environmental disasters for BP. So why hasn't the company learned from past mistakes, and what should eco-friendly investors do with BP shares? BNN speaks with Andrew Logan, oil industry program director at Ceres.
A Push for Businesses to be Sustainable
May 09, 2010
- Mindy Lubber, president of Ceres, talks with Kai Ryssdal about corporate responsibility and sustainability, and challenges companies might face to go green.
Betting on Change
Apr 29, 2010
- Is the planet really warming up? Just ask the corporations that stand to make—or lose—billions due to "climate exposure."
Democrats Press Obama on Climate
Apr 28, 2010
- Senate Democrats, business groups and environmentalists are pressuring President Barack Obama to break the climate change logjam — saying only his personal intervention can save splintering efforts to pass a bill this year.
Nike, eBay, and Other Companies Press Senate on Stalled Climate Bill As Negotiations Continue
Apr 28, 2010
- An array of companies including Nike, eBay, Levi Strauss and Starbucks on Wednesday pressed the Senate to get stalled climate and energy legislation “back on track.”
Green Business Leads People and Politicians
Apr 23, 2010
- As 40 years of Earth Days pass, it's interesting to note that it is the business community that has taken up the cause of climate change more than any other
Opinion: SEC's Climate Change Transparency
Apr 23, 2010
- Transparency is a cornerstone of our economy. For investors, that means being entitled to hear about the risks of an investment before making a long-term capital commitment. That’s why the Securities and Exchange Commission’s new climate change disclosure guidance is important.