Ceres is proud to support the historic climate agreement in Paris. The agreement sends a spark, a signal, that the low-carbon global economy has officially arrived. Given the global reach of the agreement and the follow-up mechanisms and transparency behind it, there's potential to see trillions – not just billions – pouring into the low-carbon economy worldwide every year.
During the 21st Session of the Conference of the Parties (COP21) to the UN Framework Convention on Climate Change (UNFCCC), world leaders hammered out an agreement aimed at stabilizing the climate and avoiding the worst impacts of climate change. Event highlights from Ceres' network of business and investor leaders:
- New York State Comptroller Tom DiNapoli announced an investment strategy that will raise the New York Common Retirement Fund’s commitment to sustainable investments to $5 billion. The UN summary of this event is here.
- CalSTRS CEO Jack Ehnes and Ceres President Mindy Lubber spoke at two side events. The first event, “Investing for the Long Term: Addressing Carbon Asset Risk,” discussed how climate change affects investment strategies and business models. The UN summary is here; search #COP21CarbonRisk for more coverage on Twitter. The second event, “Corporate Climate Leadership In Action,” included business leaders from Ceres’ Business for Innovative Climate and Energy Policy (BICEP) network – including Dignity Health, Mars, and VF Corp. More coverage of this event can be seen via #COP21BICEP on Twitter.
- Anne Simpson, CalPERS Investment Director, Corporate Governance, spoke at an event co-entitled “Investor Actions on Climate Change: Building on Momentum Past Paris.” The session focused on how leading investors globally are taking action on climate change by measuring portfolio carbon footprints, reallocating capital to low carbon strategies, engaging with companies, and advocating for climate policy action. Search #COP21Investors for more coverage on Twitter.
See more of the unprecedented support made by Ceres' network of business and investor leaders: