Ensure Honest Accounting
Current accounting systems fail to value environmental and social factors in business decision-making. Investors and companies too often “externalize,” or ignore, the ecological and human impacts from their activity. As a result, companies are able to exploit finite water resources at minimal cost and emit carbon freely.
Ceres is working to ensure that capital markets integrate the full costs of environmental and social factors in business strategies, risk management and public disclosure. Achieving this will ensure companies are rewarded for strong sustainable performance.
How We'll Get There:
- Propel all companies to use a carbon ‘shadow’ price in capital investment decision-making and to share that information with investors.
- Ensure all analysts, rating agencies and financial firms are factoring environmental, social and governance risks and opportunities in their research and valuations.
- Integrate sustainability factors, such as water availability, forest protection and human rights, into company and investment decision-making.
- Embed sustainability factors into the disclosure requirements of key capital market drivers such as the Securities and Exchange Commission, New York Stock Exchange and Financial Accounting Standards Board.
ExxonMobil's Corporate Governance on Climate Change
May 06, 2006
- May 2006 - Ceres analysis of two new reports from ExxonMobil finds no meaningful advances on climate change, and continued shareholder risks due to lack of leadership on renewable energy.
Unexamined Risk: How Mutual Funds Vote on Climate Change Shareholder Resolutions
Jan 06, 2006
- January 2006 - The new Ceres report shows that top 100 mutual funds in U.S. did not support any climate change shareholder resolutions at 2005 corporate annual meetings.
Ceres Annual Report: 2004 and Beyond
Nov 06, 2005
- November 2005 - The 2004 and Beyond report outlines Ceres' extraordinary achievements the past 18 months, ranging from the kickoff of our innovative stakeholder teams for companies, to the growing participation in sustainability reporting, to the remarkable success of our second Institutional Investor Summit on Climate Risk at the United Nations.
Institutional Investor Summit on Climate Risk - Final Report
Oct 20, 2005
- October 2005 - This report includes proceedings of the May 10, 2005 climate risk summit at the United Nations. More than 400 institutional investors, fund managers, financial professionals, and other experts from fifteen countries discussed how investors are maximizing opportunities and minimizing financial risks associated with climate change.
Questions and Answers for Investors on Climate Risk
Dec 01, 2004
- December 2004 - A basic guide to climate change, the risks it presents to investors, and what investors can do about it.