Recent press releases, blogs, news stories related to Investor Network.
Rollback of Clean Vehicle Standards Would Be Bad for Business, Consumers and the Economy
Mar 15, 2017
- Today’s announcement from President Trump to reopen the clean vehicle standards is a huge setback for business, consumers and the economy. The move opens the door to weakening the standards and rejects findings based on years of comprehensive and robust analysis informed by a wide range of stakeholders and technical experts.
Businesses Seek Policy Certainty as Ohio Legislators Consider Rolling Back Clean Energy Standards
Mar 08, 2017
- Today, Ceres and members from the business community came out in opposition to House Bill 114, legislation that would make Ohio’s renewable standards voluntary, weaken energy efficiency standards and allow commercial and industrial customers who use more than 700,000 kWH per year to opt out of energy saving programs.
Big Business and Investors Urge New EPA Chief to Keep MPG and GHG Standards in Place
Mar 03, 2017
- Major U.S. businesses are urging the federal Environmental Protection Agency administrator Scott Pruitt to leave in place vehicle standards for passenger cars and light trucks. In a letter delivered this week to Mr. Pruitt, the businesses pointed out that the standards are good for business and for the economy as a whole.
Michigan Businesses and Trade Associations Thank Legislators, Snyder Administration for Clean Energy Support
Feb 23, 2017
- Twelve leading Michigan businesses and trade associations sent a letter today commending members of the Michigan Legislature and the Snyder Administration for passing comprehensive energy reforms that will increase Michigan’s use of renewable energy and expand investments in energy waste reduction.
Senate Vote for Pruitt Sends EPA Down Potentially Perilous Path
Feb 17, 2017
- The Senate’s confirmation of Scott Pruitt as the next administrator of the U.S. Environmental Protection Agency “sends the agency down a potentially perilous path of crippling core environmental and public health protections that Americans expect and demand,” Ceres president Mindy Lubber said in a statement.
New Report: Cap-and-Trade Cuts GHG Emissions More Economically With a Strong LCFS
Feb 16, 2017
- A combination of the Low Carbon Fuel Standard (LCFS) and California’s Cap-and-Trade Program can reduce the state’s greenhouse gas emissions and reduce dependence on oil more economically and effectively, relative to Cap-and-Trade alone.
Newly Released Guidance Aims to Improve Transparency in the Palm Oil Industry
Jan 23, 2017
- With rainforest destruction and forced labor urgent concerns in palm oil cultivation, a diverse group of NGOs and investor organizations releases today shared guidance for corporate reporting on company commitments towards responsible palm oil sourcing and production.
Pruitt Hearing Reaffirms He Is Not Right Pick For EPA Job
Jan 19, 2017
- The Senate confirmation hearing for Oklahoma Attorney General Scott Pruitt demonstrated that “he is not the right person to be the next administrator of the U.S. Environmental Protection Agency given his track record and stated preference for a more passive, defer-to-the-states EPA,” Ceres President Mindy Lubber said in a statement today.
Major Businesses and Investors Support Fuel Efficiency and Greenhouse Gas Standards
Jan 13, 2017
- Major businesses, as well as 38 financial institutions and investors with over $740 billion in assets, expressed support for fuel economy targets and greenhouse-gas emissions standards saying they are good for American automakers and good for the economy as whole.
Ceres president Mindy Lubber statement on President-elect Trump's nominee for EPA Administrator
Dec 08, 2016
- President-elect Trump’s nomination of Oklahoma Attorney General Scott Pruitt, who fails to recognize the climate change threat, belittles the EPA and our most fundamental right to clean air and water, is not fit for the job. We need an EPA Administrator who respects the agency as well as the science underlying the EPA’s mission to protect public health. The new administrator must also recognize that a healthy environment is essential to a robust and growing economy.
Leading Investors Press Meat Producers to Tackle Water Pollution Risks
Nov 21, 2016
- As Thanksgiving nears, 45 leading institutional investors collectively managing over $1 trillion in assets are pressing some of the nation’s largest producers of turkey and other meats to address the significant water pollution risks associated with feeding, slaughtering and processing livestock.
Ceres and the PRI Join Forces to Tackle Tropical Deforestation
Nov 11, 2016
- Through a new, joint investor group, the two organizations will support global institutional investors pressing food and timber companies to eliminate deforestation and other related concerns, including forced labor and land rights disputes from their supply chains.
Climate Standards Board Approves New Standard for Climate-Resilient Water Bonds
Oct 14, 2016
- The Climate Standards Board has approved a new standard for climate-resilient water bonds, providing investors with a verifiable, science-based screening process to evaluate bond investments earmarked for financing sustainable water-based infrastructure projects.
New Data: Water Use in Hydraulic Fracturing a Key Risk in Water-Stressed Regions in Texas and Colorado
Oct 06, 2016
- New Ceres research, released today via an interactive map, shows that 57 percent of hydraulically fractured oil and gas wells over the past five years were in regions of high water competition, particularly in Texas and Colorado, creating significant long-term water sourcing risks for communities, companies operating in these regions, and their investors.
Ceres’ Mindy Lubber Statement On Paris Climate Agreement's Entry Into Force
Oct 05, 2016
- “The Paris Agreement’s entry into force is a crystal-clear market signal that the transition to a low-carbon global economy is underway and accelerating. I applaud the European Parliament and other governments that have formally joined the accord.
Major investors caution against weakening MPG rules
Sep 22, 2016
- As the comment period closes on the Corporate Average Fuel Economy (CAFE) Technical Assessment Report released by federal and state agencies, major investors are releasing statements in favor of strong fuel economy and greenhouse gas emissions standards.
Ceres President Mindy Lubber Praises U.S. and China for Formally Joining the Paris Agreement on Climate Change
Sep 05, 2016
- “Today’s action sends a powerful signal to the markets that the shift to a low-carbon, clean energy economy is now accelerating. The rest of the world’s countries should take notice."
In Unprecedented Response, Investors Call On SEC To Improve Reporting Of Climate Risks And Other Sustainability Challenges
Jul 19, 2016
- In response to a formal review of the Securities and Exchange Commission’s corporate disclosure requirements, dozens of institutional investors have submitted letters to the federal agency requesting quick action to require stronger reporting of sustainability risks such as climate change, water scarcity and global deforestation.
Ceres Statement on Exxon and Chevron Shareholder Votes
May 25, 2016
- Today’s strong votes at Exxon and Chevron send a powerful message that investors see climate change as a material financial risk, which underscores the ongoing momentum post-Paris and urgency to prepare for a low-carbon transition.
San Francisco Public Utilities Commission (SFPUC) Issues World’s First Certified Green Bond for Water Infrastructure
May 18, 2016
- In a world first, the San Francisco Public Utilities Commission (SFPUC) has become the first entity to issue a green bond certified under the Water Climate Bonds Standard, a screening tool that specifies the criteria that must be met for bonds labelled as “green” or earmarked for funding water-related, low carbon initiatives.