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.
Global Framework for Climate Risk Disclosure
Oct 06, 2006
- October 2006 - A unique global partnership of 14 leading institutional investors and other organizations representing trillions in assets today released the Global Framework for Climate Risk Disclosure to provide specific guidance to companies regarding the information they provide to investors on the financial risks posed by climate change.
Guide to Using the Global Framework for Climate Risk Disclosure
Oct 06, 2006
- October 2006 - The Guide is a companion tool for using the Framework. For each of the four elements of the Framework, the Guide provides specific guidance for companies about how to disclose using the most common reporting mechanisms for climate risk: securities filings, the Global Reporting Initiative, and the Carbon Disclosure Project. The Guide also contains examples of disclosure from leading companies using these disclosure mechanisms.
Ceres 2004-2005 Sustainability Report
Aug 06, 2006
- August 2006 - Sustainability reporting can benefit all organizations and companies, regardless of their size or type of organization. This new report focuses on Ceres' 2004 and 2005 operations and impacts.
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.