Ceres presses for more ambitious emissions standards

The U.S. Environmental Protection Agency acted to reduce dangerous smog-forming pollutants from trucks, issuing a rule targeting nitrogen oxide (NOx) emissions from heavy-duty vehicles. However, the final rule will not be enough to properly address this pollution in a timely manner, said Zach Friedman, director of federal policy at Ceres. The EPA opted today for the less ambitious of its proposed NOx standards and delayed the proposal of greenhouse gas emission standards for medium- and heavy-duty trucks until 2023. Heavy-duty vehicles are the largest source of greenhouse gas and NOx…

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California Scoping Plan is a vital blueprint for building a more just and equitable net-zero emissions economy says Ceres

Ceres joins major U.S. companies in welcoming the California Air Resource Board’s adoption of its 2022 Climate Change Scoping Plan, praising it as an essential blueprint to keep California on track toward a more just and equitable, net zero emissions economy.   “We commend California for acting today to adopt a plan that will achieve the state’s ambitious climate targets,” said Alli Gold Roberts, senior director, state policy, at Ceres. “California has long been a climate leader, but now is not the time to rest on its laurels. Given the…

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Ceres welcomes the U.S. Department of Labor’s adoption of a new rule allowing climate-aligned funds in 401(k)s

Ceres applauds the U.S. Department of Labor Secretary Marty Walsh and the agency on its adoption of a new rule—Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights—that would allow climate-aligned funds in 401(k) plans.  “This rule is an important step towards safeguarding American workers’ retirement savings from the financial risks of climate change,“ said Steven M. Rothstein, Managing Director of the Ceres Accelerator for Sustainable Capital Markets at Ceres. “This rule removes restrictions imposed during the previous administration that made it difficult for 401(k) and other retirement…

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Net Zero Asset Managers initiative announces initial targets for 86 investors as total number of asset managers committing to net zero increases to 291

86 asset managers – the largest group to date – have disclosed their initial targets for the proportion of assets managed in line with achieving net zero by 2050 or sooner. All targets are now available on the Net Zero Asset Managers initiative (NZAM) website and follow May’s target disclosure report. The latest targets mean that, collectively, approximately USD 21.8 trillion – out of a possible USD 55.3 trillion managed by the asset managers who have set targets to date – is now committed to be managed in line with achieving net zero…

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Ceres Welcomes New Members to their Board of Directors and President’s Council

The sustainability nonprofit Ceres announced recently that two new members joined its Board of Directors and President’s Council.  Jacqueline Patterson, Founder and Executive Director of the Chisholm Legacy Project: A Resource Hub for Black Frontline Climate Justice Leadership, joined Ceres as its newest Board member last month. Jacqui brings years of experience in Environmental and Climate Justice and working with frontline communities facing environmental injustice.   Leah Wood, Head of Global Client Experience, Managing Director at Impax Asset Management, joined Ceres as its newest President’s Council member. Ceres President’s Council members…

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