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With key international climate negotiations fast approaching in Paris, the chief executive officers of major U.S. food and beverage companies released a joint letter to U.S. and world leaders pledging to accelerate business action on climate change and urging governments to do the same by forging a robust international agreement this December.
Two major coalitions of business and investment leaders today called on the Obama Administration to strengthen its proposed rules for medium- and heavy-duty trucks, citing tens of billions of dollars and hundreds of millions of tons of greenhouse gas emissions that could be saved.
Six major U.S. banks – Bank of America, Citi, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo – have issued a joint statement calling for cooperation among governments in reaching a global climate agreement. The statement, published today by the sustainability advocacy nonprofit Ceres, voiced support for policy frameworks that “will provide greater market certainty, accelerate investment, drive innovation in low carbon energy, and create jobs.”
Blogs and Columns
The outcome of Shell's failed Arctic drilling exploration demonstrates that carbon asset risk is not a far distant possibility but an imminent reality. Ceres and its investors have been warning Shell that Arctic drilling projects were at extreme risk of becoming stranded due to a combination of market factors ranging from high breakeven costs, oversupply, and price volatility.
Yet Arizona is second only to California as the country’s largest grower of lettuce, spinach, melon and other such crops. Year-round warm temperatures and decades of smart water planning have earned the state its place in the market. Unlike California, however, Arizona is not currently facing a water crisis, even though it too is enduring prolonged drought.
Climate change is the most significant threat to sustainable development. Left unchecked, it threatens to undermine progress on nearly all of the other Sustainable Development Goals -- from ending poverty and hunger to ensuring access to clean water and decent work.
If the US Congress is to take meaningful action to curb climate change, the support of corporate America and Republicans will be required. This is why a meeting of food industry executives and politicians on Capitol Hill may be the first glimmer of a bipartisan approach to climate action.
Like Pope Francis, major corporations around the world are stepping up their calls for governments to take dramatic steps to address climate change. Among them is Mars Inc., the maker of M&Ms, Snickers bars and other foods, which is well known for its reputation for keeping quiet on most business matters. But when it comes to the environment, the company is outspoken.
Though state lawmakers caved to the oil industry by spiking a plan to sharply reduce gasoline use, there’s another option for Sacramento in reducing climate change and promoting alternative sources to fill gas tanks. State regulators are close to extending a measure that cuts carbon levels in everyday driving fuel. The low-carbon standard is among a batch of policies designed to cut carbon dioxide, the chief greenhouse-gas culprit blamed for rising temperatures and whipsawing weather. Extending the mandate to cut levels in gas is an essential part of state strategies to curb climate change.
This three-part podcast series focuses on the ethics of supply chain management and the evolving impacts on human rights. This episode looks at a recent Securities and Exchange Commission (SEC) rule requiring all companies listed on U.S. stock exchanges to disclose the origin of four key minerals—tin, tungsten, tantalum and gold. Found in most consumer electronic devices, as well as the aerospace, automotive and heavy manufacturing sectors, these minerals contribute to ongoing political violence, illegal trafficking and devastating human rights violations in the DRC.
Ceres, along with Oxfam America and Calvert Investments, released a new guide to help improve corporate disclosure and management of financial impacts of climate change and help investors make more informed investment decisions. This week, we speak with Bennett Freeman, Senior Vice President of Sustainability Research and Policy at Calvert Investments about the new guide and what it means for companies and investors alike.