Ceres Report: Mutual Fund Industry Opposition to Climate Change Resolutions Begins to Thaw;
Jan 28, 2011
- The mutual fund industry’s previously icy attitude toward climate change shareholder resolutions is beginning to thaw as Wall Street starts to recognize the financial risks and opportunities of global climate change, according to a new Ceres report announced today analyzing the voting records of 1,285 funds of 62 leading mutual fund firms.
Citi Joins Ceres’ Network of Companies
Jan 28, 2011
- Citing the company's leadership on climate change, Citi has been approved by the Ceres board of directors as a Ceres network company. Citi Inc. is the world’s largest financial services company, which provides global consumer services, corporate investment banking, global wealth management and alternative investment services. Citi is among several leading financial service companies, including Bank of America, State Street, and Wachovia, that have joined Ceres, a leading coalition of investors, environmental groups and public interest organizations working with companies to address sustainability challenges. Citi is among more than 70 companies in the Ceres network, including more than 20 Fortune 500 companies.