Change the Rules of the Game
Companies and investors need clear policies that reward sustainability performance. our capital market structures are biased towards short-term financial performance. The lack of carbon-reducing regulations in the U.S. for example has allowed companies to emit greenhouse gases at no cost, thus rewarding big emitters and penalizing more efficient businesses. Far greater sustainability gains can be achieved if smart policies are adopted that send clear market signals encouraging clean solutions with a long-term perspective.
Ceres will advocate for more sustainable policies in the U.S. and around the world as well as build investor and business support for policies and regulations that reduce sustainability risks and protect long-term interests.
How We Will Get There:
- Build business leader support for national and global climate and energy policies.
- Gain passage of a new international climate treaty, including a binding reduction target based on the latest scientific findings by the internationally-recognized IPCC.
- Eliminate tax incentives and government subsidies for fossil fuel technologies and carbon-intensive projects.
- Gain passage of energy efficiency policies to double the historic rate of efficiency improvements and national renewable policies so that at least 20 percent of the nation's electricity comes from renewable power by 2020 and 30 percent by 2030.
- Gain passage of national climate change legislation to achieve a reduction in GHG emissions of at least 25 percent below 1990 levels by 2020 and 80 percent by 2050.
From Risk to Opportunity 2008: Insurer Responses to Climate Change
Apr 08, 2009
- April 2009 - Hundreds of new insurance initiatives, including coverage for green buildings, renewable energy, carbon risk management, and officers’ liability are being offered to tackle climate change and rising weather-related losses in the U.S. and globally, according to this report by the Ceres investor coalition.
Investor Progress on Climate Risks & Opportunities: Results Achieved Since the 2005 Investor Summit on Climate Risk
Feb 08, 2008
- February 2008 - This report reviews the substantial progress that investors have made toward the objectives in the 2005 INCR Action Plan, including clean technology investments, shareholder resolutions, development of the Global Framework for Climate Risk Disclosure and successful engagement with Congress and the Securities and Exchange Commission (SEC).
Facility Reporting Project: Guide to Stakeholder Engagement
Nov 09, 2007
- November 2007 - Developed in collaboration with the U.S. EPA and Industrial Economics, this document provides detailed guidance to companies on how to engage local stakeholders as part of developing a facility or site-level sustainability report. Numerous case studies illustrate lessons learned and best practices by facilities that have undertaken facility level engagement and reporting.
CAFE and the U.S. Auto Industry: A Growing Auto Investor Issue, 2012-2020
Oct 06, 2007
- October 2007 - A new analysis by Citi, Ceres and the Investor Network on Climate Risk (INCR) finds that the Senate proposal to raise fuel economy standards for U.S. cars and trucks will have only minor impact on shareholders of auto companies.
TXU's Expansion Proposal: A Risk for Investors
Feb 06, 2007
- February 2007 - The report concludes that TXU's investors &mdash whether as public shareholders or private investors - will face a multitude of financial risks if the company moves forward with its plans to build 9,000 megawatts of pulverized coal-fired capacity. The report cites construction cost over-runs, burdensome regulatory costs as climate regulations take hold and a slowing of power demand in Texas as state legislators aggressively push energy efficiency and other energy-saving programs.