Tag: Ceres

Carbon emissions from U.S. power sector decreased slightly in 2022, nineteenth annual benchmarking report finds

Stuart Mitchell

Due to a drop in coal generation, the U.S. power sector saw a marginal reduction of less than 1% in carbon emissions in 2022, according to the latest analysis of air emissions for the country’s top 100 power producers. The report shows that carbon dioxide (CO2) emissions in 2022 are down 34% below their peak levels in 2007.  Benchmarking Air Emissions of the 100 Largest Electric Power Producers in the United States, now in its 19th edition, examines and compares the air pollutant emissions based on 2021 power generation, plant…

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New Ceres report outlines innovative solutions for companies to reduce agricultural emissions

Stuart Mitchell

To support one of the highest emitting sectors in accelerating its decarbonization transition, Ceres released a new report today identifying critical ways food companies can drive agricultural innovation – both within their supply chains and sector wide – to meet ambitious climate targets outlined in their transition plans.  The report, Cultivating Innovation: Practical Solutions for Companies to Reduce Agricultural Emissions, summarizes emerging agricultural technologies, with specific examples from across the food sector of how companies, such as General Mills and Tyson, are leveraging innovation to significantly reduce the major drivers…

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Companies are making progress on water management, but new report calls for greater action to ensure sustainable water supplies

Stuart Mitchell

A new benchmark analysis of 72 companies from four water-intensive industries—apparel, beverage, food, and high-tech—shows encouraging progress on corporate water management, but underscores collectively, the companies have a long way to go in meeting the necessary ambition to reduce their demands and impacts on freshwater resources.  “As the global water crisis escalates, so do the financial risks facing businesses and their investors,” said Kirsten James, senior program director of water at Ceres and co-author of the report. “While some companies are demonstrating a variety of leading practices, we need to…

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Key banking regulators adopt interagency principles to address climate-related financial risks for large banks

Stuart Mitchell

Ceres welcomes the harmonized Principles for Climate-Related Financial Risk Management for Large Financial Institutions from the Federal Reserve Board of Governors (Fed), Office of the Comptroller of the Currency (OCC), and Federal Deposit Insurance Corporation (FDIC).  “We are encouraged by the Fed, OCC, and FDIC’s joint effort to release the first federal guidance for large banks on managing climate-related financial risk,” said Steven Rothstein, managing director of the Ceres Accelerator for Sustainable Capital Markets at Ceres. “Climate risk permeates capital markets, posing immediate threats to banks of all sizes, business…

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U.S. Securities and Exchange Commission adopts rule to strengthen fund integrity and market confidence, reduce greenwashing

Stuart Mitchell

Ceres applauds the U.S. Securities and Exchange Commission (SEC) recently on its adoption of a new rule that strengthens accuracy and reliability in the naming of investment funds. Specifically, the Investment Company Names rule requires investment firms to define the terms used in a fund’s name and disclose how that fund implements the strategy such terms imply.   Also known as the Names Rule, it expands the scope of funds subject to an existing regulation that requires a fund to invest at least 80% of its assets in investments that…

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