Tag: Ceres

New Ceres’ report shows the staggering financial repercussions of nature loss

Stuart Mitchell

A new analysis reveals that the five key drivers of nature loss have the potential to cost eight sectors up to $430 billion per year, globally. This represents a cumulative loss of $2.15 trillion over the next five years if left unchecked, according to the report released today by the nonprofit sustainability organization Ceres.  These substantial findings from Nature’s Price Tag: The economic cost of nature loss highlight the economic imperative of nature action by companies and their investors to avoid an escalating financial toll caused by damage to natural…

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Ceres urges EPA to maintain the Endangerment Finding to keep American businesses competitive and economy strong

Stuart Mitchell

Ceres Senior Director of Federal Policy Zach Friedman testified today in front of the U.S. Environmental Protection Agency in support of preserving the greenhouse gas Endangerment Finding to protect the stable policy environment that businesses need to invest confidently in critical 21st industries. Rolling it back would not only undermine existing investments but also send shockwaves through the economy and threaten U.S. competitiveness, Friedman emphasized in his testimony.   “By providing policy certainty, these standards have supported U.S. economic growth, driven private investment, and accelerated clean, cost-effective technologies that strengthen America’s competitiveness…

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New Analysis Reveals Critical “Measurement Gap” in Insurance Industry

Stuart Mitchell

A new analysis released today reveals a stark disconnect between the insurance industry’s climate commitments and their ability to measure and track progress toward those goals.   The Measurement Gap: A Deep Dive into Climate Risk Reporting in the U.S. Insurance Sector  shows a consistent inability among insurers to translate climate awareness into measurable accountability. Among the 45 insurance groups analyzed – those providing information across all climate risk disclosure categories – none of the insurers provide the emissions targets necessary to track progress toward their climate commitments, despite 87% establishing…

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Ceres calls on EPRI to strengthen their draft emissions reduction guidance

Stuart Mitchell

Ceres issued the following statement in response to the release of the Electric Power Research Institute (EPRI)’s draft SMARTargets methodology designed to encourage utility companies to set and deliver on greenhouse gas emissions reduction goals.   “Ceres has fundamental concerns that the proposed methodology disregards the well-established scientific consensus on sectoral decarbonization and instead defaults on projected global emissions. This represents a step backward at a time when investors and other stakeholders require greater sector-specific accountability and action to address climate-related risks and opportunities,” said Steven Clarke, Program Director of Climate…

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Ceres announces Steven M. Rothstein as Chief Program Officer

Stuart Mitchell

Steven M. Rothstein, Managing Director of the Ceres Accelerator for Sustainability Capital Markets, has been named Ceres‘ new Chief Program Officer, the Boston-based nonprofit organization announced today. In his new role, Rothstein will oversee all aspects of the organization’s programmatic work. He will be responsible for leading effective program strategies, initiatives, and campaigns that advance Ceres’ mission and impact in the U.S. and around the globe.   As Ceres’ Managing Director of the organization’s center of excellence, Rothstein has led successful advocacy efforts to improve the practices and policies that govern…

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