Company Related News
language here about news related to corporate sustainability
Exclusive: Bakken flaring burns more than $100 million a month
Jul 29, 2013
- Oil drillers in North Dakota's Bakken shale fields are allowing nearly a third of the natural gas they drill to burn off into the air, with a value of more than $100 million per month, according to a study to be released on Monday.
New Report: North Dakota Natural Gas Flaring More Than Doubles in Two Years
Jul 29, 2013
- The tremendous growth of unconventional oil production in North Dakota has also led to a rapid rise in the production of associated natural gas and natural gas liquids. A new Ceres report reveals that large and growing volumes of this gas are being burned off rather than sold, creating significant economic and environmental impacts.
110 Shareholder Resolutions Related to Climate Change and Fossil Fuel Use Yield Strong Results During 2013 Proxy Season
Jul 26, 2013
- Investors achieved noteworthy victories during this year’s shareholder proxy season, with a near record 110 shareholder resolutions filed with 94 U.S. companies on hydraulic fracturing, flaring, fossil fuel reserve risks and other climate – and sustainability – related risks and opportunities.
CEOs and Businesses Respond to President Obama’s Climate Action Plan
Jun 27, 2013
- Two days after President Obama unveiled a sweeping plan to address the threat of climate change, more than 50 companies have offered their support for the President’s national climate change strategy, including statements from several CEOs.
A Climate Plan For The 21st Century Economy
Jun 25, 2013
- Many firms have responded to the new climate paradigm by limiting their impact. But without a national strategy on climate change, even these efforts aren’t enough to address the underlying cause of a changing climate.
Alberta’s Oil Sands Raise Flaring Emissions as Rules Lag
Jun 18, 2013
- In the farming country of northwest Alberta, heavy oil wells are becoming more common than cattle and combines. Along with money and jobs, the boom has brought smells and fumes that are adding to the greenhouse gas emissions from Canada’s oil sands.
Ford prepares for a water-scarce future
Jun 17, 2013
- Helen Keller said, "The only thing worse than being blind is having sight but no vision." Her words were on my mind during a workshop at Ford Motor Company’s headquarters where Ford brought together some of its executives with outside stakeholders, kicking off a year-long effort to deepen its water strategy.
Sustainable Profits: Managerial Failure Vs. Visionary Leadership
May 13, 2013
- Sustainability advocacy organization Ceres held its annual conference in San Francisco last week, and it was full of thought-provoking presentations and conversations about sustainability and environmental, social, and governance (ESG) opportunities and challenges.
GISR launches principles for rating the raters
May 09, 2013
- Currently, more than 100 sustainability ratings, ranking and indices evaluate the performance of more than 10,000 companies, using more than 2,000 different indicators. The idea that this cacophony could be harmonized has long been an unattainable dream for companies.
Spread of Hydrofracking Could Strain Water Resources in West, Study Finds
May 08, 2013
- The rapid expansion of hydraulic fracturing to retrieve once-inaccessible reservoirs of oil and gas could put pressure on already-stressed water resources from the suburbs of Fort Worth to western Colorado.
New Study: Hydraulic Fracturing Faces Growing Competition for Water Supplies in Water-Stressed Regions
May 01, 2013
- A new Ceres research paper on water use in hydraulic fracturing operations shows that a significant portion of this activity is happening in water stressed regions of the United States, most prominently Texas and Colorado, which are both in the midst of prolonged drought conditions.
Phil Angelides, a Leader in Shareholder Activism and Green Investment, Wins the Joan Bavaria Award
May 01, 2013
- Phil Angelides has been awarded the fifth-annual Joan Bavaria Award for Building Sustainability into the Capital Markets. The announcement was made today, the first day of the annual Ceres Conference, which is running May 1-2 at The Fairmont in San Francisco, CA.
Ceres Welcomes Adele Simmons as Newest Member of Its Board of Directors
Feb 01, 2013
- Ceres today announced that Adele Simmons, a senior executive at Metropolis Strategies and a board member at insurance brokerage firm Marsh & McLennan Cos., has been elected to its Board of Directors.
How storms like Sandy batter insurance companies
Oct 29, 2012
- Weather forecasters certainly have a difficult job right now, trying to predict when an unpredictable “frankenstorm” will make landfall.
Ethical Corporation: New rigorous ratings tools help investors and companies
Aug 17, 2012
- The Global Initiative for Sustainability Ratings offers an opportunity for credible corporate performance assessment.
Houston Chronicle: In the dark in assessing financial risk of offshore disasters
Aug 06, 2012
- Ceres analyzed safety and environmental risk disclosures in the regulatory filings of 10 big energy companies, including BP, Chevron and Exxon Mobil and found that seven provided no information on the development of safety programs. The other three offered only broad statements about safety but no data or details.
Responsible Investor: Why business-as-usual won’t work for deepwater drilling in the Gulf of Mexico
Aug 02, 2012
- The oil industry hasn’t responded with sufficient reforms or adequate disclosure to prevent another Macondo. Ten of the world’s largest oil and gas companies failed to adequately disclose the risks in their deepwater drilling activities in filings submitted to the Securities and Exchange Commission.
Cars of Change: For Automakers, Higher MPG = Higher Profits
Jul 11, 2012
- Automakers, and especially Detroit’s Big Three, will see greater sales and profits from stronger federal fuel economy standards. That’s what a recent report by Citi Investment Research in collaboration with Ceres found.
Forbes: Raising the Bar on Supply Chains
May 17, 2012
- Companies must shift from mere “supply chain management” to corporate supply chain improvements. But the data show there is still a long way to go.
The Guardian: Corporate sustainability activism is picking up pace in the US
May 10, 2012
- Major US companies are taking the lead on sustainability as policy makers in Washington fail to act on green issues.