Tag: Ceres

Ceres launches new investor-led effort to move corporate water users and polluters to value and act on water as a financial risk

Stuart Mitchell

Institutional investors from around the world joined Ceres in launching the Valuing Water Finance Initiative, a new effort to engage 72 corporate water users and polluters to value and act on water as a financial risk and drive the necessary large-scale change to better protect water systems. The initiative is the only global investor-led initiative aimed at moving companies to respond to the global water crisis. The Ceres Valuing Water Finance Initiative offers the most comprehensive and ambitious guidelines available to investors while also considering the full suite of water-related issues,…

Read More

Ceres urge investors, companies, and policymakers to turn the year’s climate victories into even more ambitious action

Stuart Mitchell

With Climate Week 2022 set to commence next week, Ceres is calling on investors, companies, and policymakers to raise their climate ambition, building off the momentum of the recently signed U.S. Inflation Reduction Act to make the most of this game-changing moment in history.   The convening couldn’t come at a more critical time. In the first half of 2022 alone, climate-linked extreme weather events caused an estimated $65 billion in losses worldwide. That’s double the losses from the same time period in 2018.  And, with global greenhouse gas emissions…

Read More

Ceres calls on federal banking regulators to strengthen racial and climate equity in the Community Reinvestment Act

Stuart Mitchell

Ceres has submitted comments to the Federal Reserve Board of Governors (Fed), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) urging the three agencies to modernize the Community Reinvestment Act (CRA) by explicitly incorporating racial equity and strengthening crucial environmental and climate provisions.  Enacted in 1977 as part of a series of civil rights laws designed to expand access to credit and address discriminatory lending practices, the CRA requires federal banking regulators to encourage banks and other financial institutions to help meet…

Read More

Ceres calls on federal banking regulators to strengthen racial and climate equity in the Community Reinvestment Act

Stuart Mitchell

Ceres submitted comments recently to the Federal Reserve Board of Governors (Fed), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) urging the three agencies to modernize the Community Reinvestment Act (CRA) by explicitly incorporating racial equity and strengthening crucial environmental and climate provisions.  Enacted in 1977 as part of a series of civil rights laws designed to expand access to credit and address discriminatory lending practices, the CRA requires federal banking regulators to encourage banks and other financial institutions to help meet…

Read More

Major fleet owners urge smart, rapid build-out of electric vehicle infrastructure

Stuart Mitchell

A letter sent to state leaders and the Federal Highway Administration on behalf of the Corporate Electric Vehicle Alliance and NAFA Fleet Management Association detailed a set of recommendations designed to guide the build-out of cost-effective, equitable, and reliable electric vehicle charging infrastructure, particularly as states look to spend funds from the National Electric Vehicle Infrastructure  (NEVI) Formula Program, established by the federal Infrastructure and Investment Jobs Act.  “As we confront increasing economic and public health risks due to the climate crisis — as well as volatile petroleum prices —…

Read More