News & EventsBusiness Leaders Join Forces to Lend Support for Climate and Energy Bill
June 25, 2009 - CEOs from a dozen electric power, technology and consumer companies are visiting the nation's capital today to push the business case for strong climate and clean energy legislation before a key House vote on the Waxman/Markey bill. More
Business and Utility CEOs Call for Action on Energy and Climate; The Message to President Obama and Congress: “We Can Lead”
June 23, 2009 - In a new series of print ads running in key Washington, DC publications, business leaders from companies of all sizes and across numerous sectors are calling upon President Obama and Congress to swiftly enact comprehensive legislation to cut carbon pollution and create an economy-wide cap and trade program.. See the Ad Read more
Investors With $1.4 Trillion in Assets Call on the SEC to Improve Disclosure of Climate Change and Other Risks
June 12, 2009—Members of the Investor Network on Climate Risk (INCR) and other leading global investors sent a letter to the U.S. Securities and Exchange Commission (SEC) on Wednesday requesting that the Commission address corporate disclosure of climate change and other material environmental, social, and governance (ESG) risks in securities filings. More
Shareholders Laud Hertz For Addressing Fleet Fuel Economy; Urge Avis Budget Group to Follow Suit at its Annual Meeting on June 12
June 9, 2009—Lauding Hertz for its commitment to report to investors on its plans for improving the fuel economy of its fleet, shareholders called on Avis Budget Group to follow suit and develop a comprehensive greenhouse gas reduction plan for its rental car operations. Avis Budget faces a shareholder vote on the matter at its June 12 annual meeting in Wilmington, Delaware. More
New Report: Major Mutual Funds Increase Support for Shareholder Resolutions on Climate Change
June 4, 2009 - A growing number of investors are pressuring companies whose stock they own to boost their attention to the business risks and opportunities posed by climate change. So they’re increasing the number of shareholder resolutions aimed at moving companies in that direction – and major mutual funds increasingly are voting with them, according to a new Ceres report. More
Investors Call on SEC to Take Steps to Improve Company Disclosure June 3, 2009 - Climate change-related disclosure continues to be weak or altogether nonexistent in SEC filings of global companies with the most at stake in preparing for a low-carbon global economy, according to two major studies released today. More
Ceres and BICEP Support Waxman-Markey Bill Passed by Committee; Seek to Strengthen It Further May 22, 2009 - BICEP and Ceres, a coalition of investors and other public interest groups working to address sustainability challenges, released a joint statement supporting the climate bill recently passed by committee but urge strengthening. More
| | Top StoriesProvidence Journal on 06/28/09: A Key Time for Carbon Control (Op-Ed by Mindy Lubber, Ceres and Kevin Parker, Deutsche Asset Management)
Recently, outside New York City’s Madison Square Garden, Deutsche Bank unveiled the Carbon Counter, a billboard sized meter monitoring the cumulative pollution humans are emitting into the atmosphere. More
Washington Post on 06/24/09: Vote Set on House Climate Bill; Cap-and-Trade Legislation Advances A diverse group of 20 corporations launched a campaign, saying:
"Putting a price on carbon will drive investment into cost-saving,
energy-saving technologies, and will create the next wave of jobs in
the new energy economy."
More
The New York Times on 06/23/09: Lobbying Frenzy Begins as House Climate Bill Heads for Floor
House Speaker Nancy Pelosi's plan to bring a major climate and energy
measure to the floor Friday has prompted a whirlwind of lobbying. From President Obama to environmentalists and industry, everyone is
weighing in on the 1,201-page bill ahead of what will be the chamber's
first-ever vote on a cap-and-trade program for curbing greenhouse gas
emissions. More
Huffington Post on 06/18/09: Closing the Climate Change Accounting Loophole
Ceres president Mindy Lubber blogs about the world's first Carbon Counter unveiled in NYC today and why honest accounting of environmental costs of doing business are crucial to solving the climate crisis. More
The New York Times on 06/04/09: Should the SEC Crack Down on Climate Reporting?
Climate change, and policies coming down the pike to address it, present real risk for businesses and their investors. The environmental and advocacy groups as well as institutional investors that make up Ceres want a detailed reporting of it from publicly traded companies. More
Huffington Post on 06/03/09: Big Business Failing to Disclose Climate Change Risks (by Ceres president Mindy Lubber) As climate change business impacts take hold, a growing number of investors are boosting their attention to the risks and opportunities from global warming that are embedded in their portfolios. More
Business Week on 06/01/09: Investors Demand Carbon-Risk Disclosure
For the first time since the formation of Avis Budget Group three years ago, shareholders are being asked to vote on a shareholder proposal on greenhouse gas emissions. At issue: Should Avis Budget prepare a report on whether it makes sense to cut emissions from the company's rental cars? More
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