Ceres In The News
Listing of news clips featuring Ceres and our work.
Exxon Digs In Against Shareholder Pressure to Address Climate Change
Feb 25, 2016
- ExxonMobil has challenged a shareholder resolution that calls for the company to show how its business will be affected by the global commitment to dramatically slow global warming. The resolution—filed by the New York State comptroller's office and four co-filers—also seeks an explanation of how Exxon will address those impacts.
Oil's Future Draws Blood and Gore in Investment Portfolios
Nov 19, 2013
- Oil and coal companies worth more than $7 trillion may be sinking billions of dollars today into projects that will never make sense to finish.
Ceres urges institutional investors to promote sustainability
Jun 27, 2013
- Pension funds and other asset owners, along with their money managers, need to transform their investment process to promote sustainability in the economy.
When global warming hurts business
Mar 04, 2014
- Some of the biggest West Coast businesses are pushing Congress and state government to act on climate change legislation. But it’s less about global warming and more about their bottom lines.
Business coalition forms in response to California drought
Mar 06, 2015
- A coalition of businesses including The Coca-Cola Company and Gap Inc. announced Thursday it is backing Gov. Jerry Brown's call for conservation in drought-stricken California.
IPCC climate report sets upper limit for global emissions
Sep 27, 2013
- The Intergovernmental Panel on Climate Change, or IPCC, just released its new report on global warming. It reinforces the conclusion that global warming is predominantly caused by human activity and sets an upper limit for the carbon emissions the world's economies can create.
Coalition of Conscious Companies Asks EPA to Strengthen Big Rig Emissions Standards
Apr 08, 2016
- A coalition of a dozen major food brands and retailers have asked federal regulators not to back down on reducing trucking emissions and increasing fuel economy.
In Exxon's Latest Annual Report, It's Business as Usual on Climate Change
Feb 26, 2016
- ExxonMobil's annual report to stockholders this year may be more noteworthy for what the fossil fuel giant didn't say about global warming than for what it did say. In the document's legally mandated discussion of risks to the business, Exxon didn't disclose that the New York State attorney general is investigating whether the company violated shareholder and consumer protection statutes in its communications about climate change over almost four decades.
Warren Buffett Is Wrong About Climate Change
Feb 29, 2016
- In an annual letter to investors in his conglomerate Berkshire Hathaway, Warren Buffet fought back against a proposed shareholder resolution demanding his insurance subsidiaries measure and disclose the risks that climate change poses to their business and how the company is responding to the threat.
In Paris, polluters in focus as investors avoid climate risk
Dec 07, 2015
- So far, the most visible investor impact of climate change is divestment. But a bigger, quieter shift has started, to low carbon, and “climate aware” polluters.
‘Climate Risk’ Proposals Gaining Steam
May 11, 2016
- Shareholder resolutions urging Exxon Mobil and Chevron to disclose more information about how they would be affected by climate policies are gaining support. Climate-related resolutions have never exceeded 35% in votes at the annual meetings of Exxon or Chevron but investors are increasingly interested in assessing the risk that climate could pose to their portfolios.
Shell urges shareholders to accept climate resolution
Jan 29, 2015
- Shell is set to confront the risk that climate change may pose to its future, after backing a resolution from activist shareholders. The move came on the same day it announced $15bn (£10bn) in cost cutting due to plummeting oil prices and said it wanted to resume drilling for oil in the Arctic.
Environmental Group Helps Big Companies to Change Practices
May 26, 2015
- Who has enough clout to get Fortune 500 giants like PepsiCola, Nike, Disney, Ikea and Apple to change their environmental practices? That credit would go to a Boston-based nonprofit with 80 employees and an $11 million budget, Ceres.
Betsy Blaisdell: A federal green energy policy everyone can support
Jun 06, 2013
- Our daily livelihoods depend on the outdoors. And we’re worried. We see the effects of climate change — not only in our surroundings, but in our potential revenues.
Supreme Court thumbs its nose at a clean energy future
Feb 12, 2016
- The Supreme Court's stay of President Obama’s Clean Power Plan is not the final blow to the Obama administration’s climate change policy, but it seems directly aimed at tarnishing the president’s environmental legacy. The ruling virtually guarantees that, even if the plan survives court challenges, it will be up to the next president to implement it — or ignore it.
Prying Open the Financial Risks of Climate Change
Dec 10, 2015
- A European and an American walk into their local bank. Each has a savings account. The banks have the same antiseptic feel, their cash machines make the same robotic moves. There is one fundamental difference between the two, however—how they account for the vulnerability of their assets to climate change,
Are Energy Companies Leading Shareholders Astray On Future Fossil Fuel Demand?
Oct 22, 2015
- In the lead-up to the historic United Nations Climate Change Conference in Paris in December, it’s not just national governments that have pledged to aim for a sustainable future -- 10 of the largest fossil fuel corporations in the world also have lined up behind the effort.
Legislation Looks to Improve Corporate Climate Disclosure
Mar 18, 2016
- New legislation calls on the Securities and Exchange Commission to update its industry-specific reporting guides for oil, gas and mining companies to better reflect financial risks posed by climate change.
Will RGGI Double Down on Carbon Cuts?
Aug 04, 2016
- Carbon pricing, the bogeyman of climate-change mitigation, still inspires terror in some US corporate executives and politicians, despite support from global businesses and governments. But when it comes to reducing greenhouse gas emissions, it works as evidenced by a micro-experiment among Northeastern states.
How to Save Water on Fracking
Feb 24, 2014
- Among the environmental worries posed by hydraulic fracturing, including the release of methane into the air and contamination of groundwater, one has recently escalated: the concern that the enormous quantities of water used in fracking will leave parts of the country parched.