Ceres In The News
Listing of news clips featuring Ceres and our work.
Finding the Fingerprints of Climate Change in Storm Damage -- a Very Long Detective Story
Jan 04, 2011
- Some U.S. insurers have expanded their focus to look at the warming impacts on things like flooding, ice storms and nor'easters, said Sharlene Leurig, senior manager of the insurance program at Ceres, an organization for institutional investors concerned about climate change.
The Ripple Effect: Water Risks In The Municipal Bond Market
Jan 12, 2011
- Investing in municipal bonds for major infrastructure projects bears hidden risks, says a newly issued report “The Ripple Effect: Water Risk in the Municipal Bond Market” by CERES. Many local and state governments are running the risk of defaulting on bonds because of massive financial problems. Worse, many electric and water utilities are experiencing surging water demand, pollution and more frequent drought. Despite these challenges, some municipal bonds still enjoy stable ratings agencies like Fitch, Moody’s and Standard & Poor’s and fail to point out apparent risk factors.
'Race to Green' good for business
Feb 03, 2011
- In a speech at Pennsylvania State University Thursday, President Obama proposed a suite of incentives intended to cut energy consumption from existing U.S. commercial buildings by 20 percent by 2020. This proposal is exactly what’s needed to jump-start major energy and carbon reduction initiatives and to create jobs and efficiencies that enhance our global competitiveness. The proposal includes tax credits, loan guarantees, worker training initiatives and a competitive grant program, dubbed "Race to Green." The cost is expected to be offset elsewhere when the President’s budget is delivered later this month, but incentives such as loan guarantees do not add to government spending, and the cost of training workers is much lower than the cost of paying them unemployment benefits.
Video: Ceres' Lubber says job growth possible under new air regulations
Feb 09, 2011
- As utilities prepare for a series of air pollution regulations coming out of U.S. EPA, what impact will the new rules have on job growth and the economy? During today's OnPoint, Mindy Lubber, president of Ceres, discusses new research that points to job growth under EPA's Clean Air Act regulations. She explains why she believes industry is misguided in thinking that new power plant regulations will negatively affect the bottom line.
EPA's Power Plant Rules Would Spur Job Creation -- Report
Feb 09, 2011
- Despite claims that U.S. EPA's regulations are destroying jobs at a time of already high unemployment, two new sets of air pollution rules for power plants would create hundreds of thousands of jobs over the next five years, according to a report (pdf) released today.
Activist Investors Press Energy Companies On Safety, Spill Risks
Feb 11, 2011
- WASHINGTON -(Dow Jones)- As proxy season approaches, activist investors with stakes in energy companies are pressuring oil firms for proof that the companies are improving safety and reducing the risk of a major spill. The investors include unions, public pension funds, and environmental and religious groups. They are targeting publicly trading companies leading up to the annual shareholder meeting season this spring.
Shareholders Offer a Spate of Climate and Environmental Resolutions
Feb 18, 2011
- After a year marked by Congressional paralysis on issues like global warming and renewable energy, and after a parade of energy-related disasters — including the huge oil spill in the Gulf of Mexico — social investment groups are signaling their displeasure with a suite of shareholder resolutions.
New Report Helps Green Investors To Identify Climate Related Risks and Opportunities
Feb 28, 2011
- The greener a company, the more profitable. This is at least, what many investors believe these days. The SEC knows that, and issued a guidance for companies last year that identifies risks related to climate change material such as energy waste, carbon emissions and other polluting activities.
Three utilities agree to more water-risk disclosure
Mar 23, 2011
- Dominion, Southern Company and PPL agreed to significantly expand reporting and disclosure on water availability risks and plans for mitigating those risks, according to Ceres, a coalition of investors and public interest groups, which works with companies on sustainability issues. The agreements were made in response to shareholders' resolutions filed several months ago asking them to evaluate and disclose their strategies on water risks, including low flows, thermal impacts and emerging regulations. The resolutions were withdrawn recently after the utilities' agreements.
Weathering the Storm: Report Finds U.S. Energy System Not Ready
Apr 12, 2011
- WASHINGTON - The country's energy infrastructure is not ready to weather the storm of more frequent extreme weather. A new National Wildlife Federation (NWF) report delivers that finding and makes recommendations for improving energy reliability. NWF climate scientist Dr. Amanda Staudt says floods, intense storms, hurricanes, droughts and heat waves have been happening more frequently, and they can disrupt power and fuel supplies.
40 Is the New 30, As Automakers Ramp Up MPGs Across the Line
Apr 21, 2011
- Carmakers, boxed in by regulation and rising prices at the pump, are finally going where they should have gone a long time ago by squeezing serious fuel economy out of the internal-combustion engine. The result is a growing number of cars that reach 40 mpg on the highway. These days, 40 mpg is the new 30
Joan Benoit Samuelson/Andrew Ference: We should run to clean energy
Apr 18, 2011
- Today’s the annual spring moment when athletics take New England’s center stage — the Boston Marathon and traditional Red Sox matinee game, with yet another Bruins playoff run under way. As athletes privileged to compete at the highest levels in two of these events, we know a lot about competition and challenges. Our careers are anchored in a belief that it’s always possible to do better. We also want a better world for our children. That’s why we have taken a big interest in just the kind of challenge athletes love to take on — a drive for less polluting energy sources that will keep the air we breathe clean.
The Evolution of Water Risk in the Municipal Bond Market
May 02, 2011
- Municipal bonds are considered by many investors to be one of the safest investment options available. But a report released by Ceres last fall argued that many such bonds have unaccounted-for risks lurking in the water – literally.
US pension giants make massive ESG commitments
May 11, 2011
- CalPERS and CalSTRS, the giant California pension funds, today made sweeping commitments towards integrating environmental, social and governance (ESG) factors into their investment processes. It came as the funds helped launch the groundbreaking Investor-Business Roundtable for a Sustainable Economy at the Ceres conference.
Why Sustainability Reporting Is Revolutionary
May 12, 2011
- The following was adapted from the acceptance speech given by Nike's Hannah Jones at the Ceres-ACCA North American Awards for Sustainability Reporting, where Nike won top honors for Best Sustainability Report.
Ceres Conference 2011: The world can no longer afford business as usual
May 12, 2011
- Business as usual, the old economy, single bottom line capitalism -- these are terms, practices and policies Ceres would like to put behind us. But how?
CalSTRS Takes Another Step Towards Sustainable Investing
May 15, 2011
- The $152.9 billion California State Teachers Retirement System (CalSTRS) announced that it would be taking what CEO Jack Ehnes calls a “significant step” in its already broad sustainable investing program: From now on, all performance-related discussions that the pension giant has with its external managers will include an analysis of how environmental, social, and governance (ESG) issues factor into their strategies.
Harnessing the Benefits of Open-Source Sustainability Tools
May 12, 2011
- A growing number of companies are turning the concept of intellectual capital on its head in the name of sustainability. Count IBM, Nike and the Outdoor Industry Association among the growing list of business interests turning to open source models to lower costs and scale best practices and technologies.
PBS Climate Watch Conversation with Mindy Lubber, President, Ceres
May 13, 2011
- Climate Watch Senior Editor Craig Miller talks with Mindy Lubber, president of the Boston based nonprofit Ceres. The organization works to address sustainability challenges such as global climate change and water scarcity. This week, it held a conference in Oakland at which environmentalists, executives and investors from around the world gathered to consider ways for business to adopt environmentally sustainable practices.
Al Gore, Levi’s and PG&E rally around sustainability
May 12, 2011
- The two largest US pension funds have teamed with leading companies such Levi Strauss and Pacific Gas & Electric, and an Al Gore-founded investment firm, in a commitment to promote environmental sustainability and tackle climate change.