Ceres In The News
Listing of news clips featuring Ceres and our work.
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.”
Exxon Digs In Against Shareholder Pressure to Address Climate Change
Feb 25, 2016
- ExxonMobil has challenged a shareholder resolution that calls for the company to show how its business will be affected by the global commitment to dramatically slow global warming. The resolution—filed by the New York State comptroller's office and four co-filers—also seeks an explanation of how Exxon will address those impacts.
The Climate Summit of Money
Feb 24, 2016
- The Investor Summit was, in essence, the Climate Summit of Money, and the question being posed was how to finance the clean-energy transition that Paris promised—a transition that scientists and economists agree must happen quickly if the world is to avert the worst economic impacts of climate change—within the strictures of fiduciary duty.
New York asks SEC to force climate vote onto Exxon proxy
Feb 24, 2016
- New York state's comptroller and four other Exxon Mobil shareholders asked the U.S. Securities and Exchange Commission this week to force the oil producer to include a climate change resolution in its annual shareholder proxy, according to a filing seen by Reuters.
Investors Ask SEC to Reject Exxon's Attempt to Silence Questions on Climate Change
Feb 24, 2016
- Investors, led by New York State Comptroller Thomas P. DiNapoli and the Church of England’s investment fund, asked the Securities and Exchange Commission (SEC) to reject ExxonMobil’s plan to block a shareholder proposal for information on how the company will be impacted by public policies seeking to rein in climate change.
Here’s Some Other Big News From Apple You Probably Missed
Feb 19, 2016
- Amid the hullabaloo surrounding Apple's decision to oppose a court order to help the FBI glean data from iPhones in a criminal investigation, you may have missed another big announcement from the company. The company issued a package of bonds worth $1.5 billion for projects related to clean energy, the largest "green bond" ever issued by a corporation.
Supreme Court thumbs its nose at a clean energy future
Feb 12, 2016
- The Supreme Court's stay of President Obama’s Clean Power Plan is not the final blow to the Obama administration’s climate change policy, but it seems directly aimed at tarnishing the president’s environmental legacy. The ruling virtually guarantees that, even if the plan survives court challenges, it will be up to the next president to implement it — or ignore it.
What does the green economy need from the Financial Stability Board climate task force?
Feb 11, 2016
- Experts offer new task force seven ideas on how best to increase corporate transparency on climate-related risks.
Bloomberg climate risk initiative targets secret polluters
Feb 09, 2016
- Set up on the sidelines of the COP21 Paris talks last December, the Financial Stability Board-backed initiative met for the first time this week. In just over a month, it releases its initial findings.
Show Me The Green: Why Climate Risk Disclosure Is Key To Meeting Climate Goals
Feb 09, 2016
- “When we did the first investor summit on climate risk in 2003, discussions about climate change as a financial risk and a fiduciary issue was a strange notion. Today, there is no question this is one of the largest financial risks of our time,” Mindy S. Lubber, President of Ceres, told CleanTechnica.
Meet the Top 15 Female Climate Champions
Feb 05, 2016
- Women, particularly those in developing countries, are on the frontlines of a changing climate. Extreme weather events, deforestation and loss of biodiversity threaten their survival and that of their families. Learn the stories and successes of dynamic women who are at all levels of climate policy.
Where Does The Carbon Come From?
Feb 04, 2016
- The Paris Agreement has targets to hold the global average temperature to below 2°C, with a commitment to pursue efforts to limit the temperature increase to 1.5 °C. Achieving this goal will require dramatic reductions in GHGs, renewable energy, and methods for capturing carbon — but where does the carbon come from?
How to Finance a Trillion-Dollar Climate Change Opportunity
Feb 01, 2016
- Pulling the world back from the brink of catastrophic climate change cannot be done for free. Changing the way the world is powered means big spending -- and huge investment opportunities -- as new clean energy infrastructure is built across the world.
Paris Climate Deal [Brings Investment Opportunity of] $12.1 Trillion Over 25 Years
Jan 29, 2016
- If the world is serious about halting the worst effects of global warming, the renewable energy industry will require $12.1 trillion of investment over the next quarter century, or about 75 percent more than current projections show for its growth.
Drop In Oil Prices Complicates Effort To Combat Climate Change
Jan 28, 2016
- Replacing fossil fuels with renewable energy to combat climate change will require trillions of dollars in investment. Cheap prices for fossil fuels are making that transition a bit more complicated.
Fossil Fuels Are A Terrible Investment, And They're Only Going To Get Worse
Jan 28, 2016
- The market is encouraging pension funds and institutions to jettison fossil fuels from their portfolios, waving a clear warning flag to investors about the financial future of oil and coal companies.
UN urges business leaders to double investment in green energy by 2020
Jan 27, 2016
- The United Nations urged global business leaders on Wednesday to double investment in wind and solar energy to $600bn a year by 2020. Business leaders were challenged to act decisively to hasten the transition away from the fossil fuel economy.
U.S. Oil and Gas Companies Not Adequately Disclosing Climate Risk
Jan 25, 2016
- Climate change poses risks to the operations of oil and gas companies. Yet, large U.S. oil and gas companies are not giving adequate disclosures to their investors about climate-related risks to their operations. Not one of the 23 American oil and gas companies in the S&P 500 index included the potential impact of an international agreement to limit climate change in their most recent disclosures.
S.E.C. Is Criticized for Lax Enforcement of Climate Risk Disclosure
Jan 24, 2016
- In the two years after issuing climate dislcosure guidance, the S.E.C. issued 49 comment letters to companies addressing the adequacy of their climate change disclosures. But it issued only three such letters in 2012 and none in 2013. To advocates of more robust climate change disclosure, the impression was that the S.E.C. had taken its eye off the ball.