Tag: Ceres

As 2023 proxy season begins, investors seek to deepen corporate engagement on GHG targets, governance, lobbying and just transition

Stuart Mitchell

With the 2023 proxy season underway investors are highlighting proposals and other votes at North American and European focus companies to inform their fellow shareholders about priority issues at companies that are lagging behind peers in their management of material climate risks. The flagged votes come as early proxy season wins include seven agreements between investors and focus companies on climate action in exchange for withdrawals, including three agreements on greenhouse gas emissions targets and four on climate lobbying practices.   Climate Action 100+, of which Ceres is one of…

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Ceres calls on all investors to follow NYC’s lead in issuing climate action plans

Stuart Mitchell

The New York City Comptroller has laid out a comprehensive plan to achieve its goal of net zero greenhouse gas emissions by 2040, recognizing that commitment must be met by action and that the risks to the pension beneficiaries of New York City are too high to delay implementation, according to the sustainability non-profit Ceres.  “Every investor should develop investor climate action plans with concrete steps they’ll take to address climate risks and opportunities. New York City has done so,” said Kirsten Snow Spalding, vice president of the Ceres Investor Network…

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EPA decision paves way for dramatic growth in clean truck production and sales

Stuart Mitchell

Ceres applauds the Biden administration and the U.S. Environmental Protection Agency for taking decisive action to accelerate the growth of clean truck sales in states across the country, which will increase access to cutting-edge vehicles that companies want, improve air quality in highly polluted communities, and help businesses, states, and the nation meet their climate goals.  The EPA recently granted a waiver for California to implement the Advanced Clean Trucks rule, an ambitious new standard for medium- and heavy-duty vehicles, such as commercial vans and large trucks. By granting the…

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Investors and Businesses Call on Policymakers to Protect the Freedom to Invest Responsibly

Stuart Mitchell

Reaffirm commitment to factor all material financial risks in decision-making as more positive policy momentum builds in key states Hundreds of investors, companies, and other capital market leaders convening at Ceres Global are urging state and federal policymakers to protect the freedom to invest responsibly in light of a political backlash against sustainable investment and business practices. Under the banner, “Freedom to Invest,” these leaders are reminding policymakers that they must be free to consider all material financial risks and opportunities, including those related to the climate crisis, to plan…

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In wake of sobering IPCC report, investors, companies and policymakers called on to raise climate ambition

Stuart Mitchell

The latest report from Intergovernmental Panel on Climate Change, which lays out the current and growing impacts of the global climate crisis, is “devastating and harrowing—and yet it holds out hope,” said Ceres CEO and President Mindy Lubber.   “The sobering takeaway of the report is that we are headed to exceed 1.5 degrees of global warming within the next decade. However, the world’s leading scientists also tell us in the same report that we have the power to avert more catastrophic damage,” added Lubber. “Taking bold action right now could…

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