Survey finds that access to specific zero emission vehicle models is more important than brand loyalty for major companies and fleet operators

A major alliance of large companies is calling on U.S. auto and truck manufacturers to produce new and more diverse zero emission vehicle models and to support the deployment of critical charging infrastructure and to actively collaborate to improve interoperability between vehicle brands and charging networks.  In a letter released today, the Corporate Electric Vehicle Alliance, a group led by Ceres, urged manufacturers to expand their zero-emission model offerings, and shared the results of a recent internal survey of Alliance members, which showed that respondents plan to buy at least…

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70+ large employers and investors say states must accelerate the shift to zero-emission trucks with bold climate policy

Dozens of major companies, employers, and investors — including several significant fleet operators — urged governors across the country to accelerate the growth of clean trucks, vans, and other large commercial vehicles, arguing in a letter released today that the technology will be good for both the climate and business operations. The signatories — which include IKEA, Nestlé, Siemens, and Unilever — are calling on states to adopt the Advanced Clean Trucks (ACT) rule. The ACT rule requires manufacturers of medium- and heavy-duty vehicles to grow sales of zero-emission models…

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New Ceres report explores physical risks of climate change within the banking sector

A new report reveals the potential exposure from physical climate change impacts to just the syndicated loan portfolios of 28 of the largest U.S. banks could approach 10 percent annually. Financing a Net Zero Economy: The Consequences of Physical Climate Risk for Banks provides valuable insights to help the sector realize the systemic implications of physical risk and sets out a practical roadmap to help banks conduct risk assessments and incorporate climate risks into their day-to-day decision-making. Its recommendations were developed out of an illustrative analysis conducted by the sustainability…

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After ‘code red’ warning, Ceres launches new effort to transform six of the highest emitting sectors

Ceres has launched a new initiative aimed at decarbonizing six of the highest-emitting sectors and advancing the global transition to a zero emissions future at the pace and scale necessary in order to prevent further catastrophic impacts from the climate crisis. Last month, the world’s leading scientists sounded the alarm that the crisis is widespread, rapid, and intensifying, a warning that underlines the urgency of this effort. The Ceres Ambition 2030 initiative focuses on the electric power, food, oil and gas, steel, banking and transportation sectors—which together are responsible for…

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Ceres to call on investors, companies and policymakers to increase climate ambition and action at Climate Week 2021

Ceres is calling on investors, companies, regulators, and policymakers to increase their climate ambition and action. Ceres experts will participate in high-level virtual events and panel discussions to highlight opportunities for public-private collaboration and take stock of our climate goals ahead of COP26 in November.  The convening comes on the heels of a ‘code red’ warning from leading scientists that  the climate crisis is widespread, rapid, and intensifying, and that without immediate, large-scale emissions reductions, previous targets limiting temperature rise to 1.5 degrees Celsius will be out of reach. It…

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