Ceres In The News
Listing of news clips featuring Ceres and our work.
Shareholder pressure mounts on downgraded ExxonMobil
Apr 28, 2016
- A growing list of major investors is backing calls on ExxonMobil to acknowledge climate risk, after its credit rating was downgraded on Tuesday. British insurer Aviva and Seattle’s public pension fund are among the latest to declare their support for a shareholder resolution to be considered at next month’s AGM. California’s CalPERS, New York City Pension Fund and the Church of England are also in favour.
How to Conserve Water Without Bankrupting Water Utilities
Aug 20, 2015
- The more water people save, the more money utilities lose. But new pricing models could change that.
In Shift, Exxon Mobil to Report on Risks to Its Fossil Fuel Assets
Mar 21, 2014
- Energy companies have been under increasing pressure from shareholder activists in recent years to warn investors of the risks that stricter limits on carbon emissions would place on their business.
NY Fund to Shift Stocks Into $2B Index of Lesser Polluters
Dec 04, 2015
- New York's comptroller plans to shift domestic stock holdings in the state retirement fund to companies with lower carbon emissions in a new $2 billion index. The investment strategy was announced Friday at the United Nations Climate Change Conference in Paris.
U.S. Underestimates Cost of Fuel and CO2 Goals, Automakers Say
Jun 28, 2016
- U.S. regulators have underestimated the cost and difficulty of achieving their vehicle fuel-economy and greenhouse-gas targets for 2025 and are giving California too much power to shape the country’s policies on those issues, an automaker group said.
Sempra Energy, PG&E Lead US Utilities in Clean Energy
Jun 28, 2016
- Utilities are investing in renewable energy to comply with mandated standards. More and more, however, the investment is a way to diversify generation portfolios as renewable energy prices have dropped, and utilities are using renewable investment as a way to meet the needs of some of their largest clients.
Investors demand oil, coal and power companies assess climate change risks
Nov 20, 2013
- Regulatory, market and societal forces are changing the global landscape. Fossil fuel companies cannot expect business as usual for much longer
Ceres report: US corporate progress on sustainability remains incremental
Apr 30, 2014
- The latest evidence that businesses are failing to grasp the need to restructure their business models comes from an analysis of 613 major publicly listed US companies, which represent three-quarters of the country's total stock market capitalisation.
Are The 613 Largest U.S. Public Companies Actually Working On Sustainability?
Apr 30, 2014
- Corporations are getting better at incorporating sustainability into their business structure, but not fast enough and not to the scale that the planet demands.
Report: Fracking raising water supply worries
Feb 06, 2014
- The USA's domestic energy boom is increasing demands on water supplies already under pressure from drought and growing populations, a new report says.
Investors want Exxon to account for climate change
May 24, 2016
- The annual meetings of ExxonMobil and Chevron are set to happen on Wednesday. One thing shareholders will vote on is whether the companies need to perform and publish stress tests of earnings as efforts to fight climate change affect fossil-fuel use.
Food, Beverage Execs to GOP: Climate Change Is Hurting Our Supply Chains
May 31, 2016
- At a congressional briefing, executives from Ben & Jerry’s, Clif Bar, Kellogg Company, Mars Incorporated, PepsiCo, Stonyfield and Unilever discussed how climate change is disrupting global food supplies and their own supply chains.
Carney Backs Effort for Standard Company Climate Disclosure
Dec 04, 2015
- Bank of England Governor Mark Carney backed a global effort to bring greater transparency to the way companies disclose the risks they face from climate change, wading into a debate that has ensnared some of the biggest fossil-fuel producers.
COP21: Strong Climate Policy Leads to Lower Business Costs, CEOs Say
Dec 04, 2015
- Two new draft texts for a climate deal were released today at COP21, with additional drafts expected to follow as governments negotiate a global climate deal in Paris. Business leaders, meanwhile, continue to step up their efforts to influence climate policy.
Energy Bet of $459 Billion Seen as Overlooked Risk for Insurers
May 24, 2016
- U.S. insurers are risking financial stability by holding $459 billion of energy-related investments without considering the “broad and deep” threat that climate change poses to the assets.
As Exxon Faces Investigation, Investors Renew Pressure for Stronger Climate Stance
Jan 12, 2016
- Against the backdrop of the historic Paris climate treaty last month and in the face of mounting calls for sweeping investigations of the company, ExxonMobil investors have filed a series of shareholder resolutions seeking to reform the company's climate change policy.
It’s time to invest in clean energy in Africa
Aug 06, 2015
- The math for Africa’s clean energy future is adding up. Solar lamps are spreading like fireflies across Ghana. A first-of-its-kind solar farm in Rwanda is providing electricity for 15,000 rural homes. Utility-scale solar and wind projects are being built in Morocco and Kenya.
Business Is Taking Action on LGBT Rights. Will Climate Change Be Next?
May 09, 2016
- In theory, any moral issue that moves us away from thriving economically is also a business problem — so why stop at LGBT rights? A large number of issues could fall under the same dual logic: avoiding brand-damaging human-rights issues in the supply chain, fighting income and opportunity inequality (including supporting minimum wages), and, of course, tackling big environmental issues such as climate change.
Ceres Conferees Sing New Tune on Oil, Climate
May 12, 2016
- The Ceres Conference, which brings together players from the corporate and environmental communities, has become an annual temperature-taking ritual for those concerned about how companies are responding to issues of climate change and sustainability.
Even oil companies don't want a 'roasted world'
Mar 25, 2014
- When climate scientist Rosina Bierbaum speaks, her central theme is the "roasted world" -- a bleak picture of what the planet will probably look like if carbon pollution continues unchecked.