Tag: Ceres

Ceres releases new guide to aid U.S. food sector’s climate transition plans as investors ramp up pressure

Stuart Mitchell

A new report released by the sustainability nonprofit Ceres reveals few companies in the U.S. food sector have disclosed their climate transition strategies nor concrete actions to achieve them, despite increasing investor pressures and the growing threats of climate change. The Investor Guide to Climate Transition Plans in the U.S. Food Sector provides the most comprehensive guidance to help food companies move beyond target-setting to creating and implementing sector-specific climate transition plans that chart pathways to greenhouse gas emissions reductions.  It outlines how, despite greater corporate climate disclosure and commitments…

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Major companies and investors call on the federal government to strengthen proposed truck emissions standards

Stuart Mitchell

A series of letters from corporate coalitions and a group of investors representing $700 billion in assets under management is calling on the U.S. Environmental Protection Agency to strengthen the emissions standards currently proposed for medium- and heavy-duty vehicles. Strong standards, they said, will enable fleet operators, shippers, truck manufacturers, and parts suppliers to take advantage of the economic benefits of vehicle electrification while addressing the critical risks posed by the climate crisis as well as particulate pollutants like nitrogen oxide that have long threatened the health of vulnerable communities.  …

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New report finds half of all credit union industry assets at risk from climate change

Stuart Mitchell

Ceres and the Filene Research Institute have released a new report that finds thousands of U.S credit unions have significant unaddressed risk arising from the climate crisis. This first-of-its-kind analysis provides insights on how credit unions can respond to the climate crisis, mitigate their risks, and become part of a system-wide solution.  The report, The Changing Climate for Credit Unions, finds that more than 60% of all credit unions—and at least $1.2 trillion in credit union assets—are at physical risk from climate change. They face growing risks from extreme weather…

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As 2022 proxy season begins, record numbers of climate resolutions and agreements bode well for action

Stuart Mitchell

Heralding what is shaping up to be an historic proxy season for climate action, investors have filed a record 215 climate-related shareholder resolutions this year, according to tracking by the sustainability nonprofit Ceres. Of these proposals, shareholders have already negotiated agreements on 103 of them, with companies committing to take actions sought in exchange for withdrawal.  After a year of dramatic climate news — including a record $145 billion in U.S. climate and weather-related damages, the International Energy Agency calling for no new fossil fuel development if we hope to limit…

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New Ceres report identifies seven sectors putting global freshwater resources at risk

Stuart Mitchell

A new report released by the sustainability nonprofit Ceres reveals how industry practices are driving five critical threats to global freshwater systems – groundwater depletion, metal contamination, plastic pollution, water diversion and transfer and eutrophication. The analysis also makes clear that 12 key industries within seven sectors – including frequent offenders like Food Products and Textiles and Apparel and others that are not typically top-of-mind, such as Pharmaceuticals and Semiconductors – stand out as the biggest contributors to these threats, undermining the functionality of global freshwater systems that underpin global…

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