CERES

Investors Challenge Nine Oil and Gas Companies on Hydraulic Fracturing Practices

Shareholders file resolutions with Cabot Oil & Gas, ExxonMobil, Chevron, and other energy companies to spur more responsible “fracking” practices
Summary: 

Leading U.S. investors announced they have filed shareholder resolutions with nine oil and gas companies, pressing them to disclose their plans for managing water pollution, litigation and regulatory risks that are increasingly associated with ever-expanding natural gas hydraulic fracturing operations (also known as “fracking”) in the United States.

Press Release

Leading U.S. investors announced they have filed shareholder resolutions with nine oil and gas companies, pressing them to disclose their plans for managing water pollution, litigation and regulatory risks that are increasingly associated with ever-expanding natural gas hydraulic fracturing operations (also known as “fracking”) in the United States.

CA Technologies Joins Ceres Network of Companies

Summary: 

Ceres announced today that it is has approved CA Technologies, a global IT software management company, as a Ceres network company. The New York-based company is the first software firm to join the Ceres company network.

Press Release

Ceres announced today that it is has approved CA Technologies, a global IT software management company, as a Ceres network company. The New York-based company is the first software firm to join the Ceres company network.

Ceres & Trillium Seek Nominations to Honor Leaders in Building Sustainable Global Economy; Nomination Deadline is March 1

Summary: 

 

Ceres and Trillium Asset Management are seeking nominations for the fourth annual Joan Bavaria Awards for Building Sustainability into the Capital Markets. Submissions will be accepted until March 1 and nominations can be submitted at http://www.ceres.org/bavaria_awards.

 

Press Release

 

Ceres and Trillium Asset Management are seeking nominations for the fourth annual Joan Bavaria Awards for Building Sustainability into the Capital Markets. Submissions will be accepted until March 1 and nominations can be submitted at http://www.ceres.org/bavaria_awards.

 

Major Investors Urge Oil Spill Commission to Seek SEC-Required Disclosure of Offshore Drilling Risks

Greater Transparency Essential for Investors to Gauge Whether Industry Is Addressing Material Risks Exposed by BP Gulf Spill
Summary: 

The Securities and Exchange Commission should play a critical role in requiring oil companies to boost their public disclosure of material financial risks they face from offshore oil drilling projects. To that end, a group of leading U.S. investors has asked the national commission investigating the Gulf of Mexico oil spill to recommend development of new disclosure guidance from the SEC for energy companies involved in ever-increasing deepwater drilling activity globally.

Press Release

The Securities and Exchange Commission should play a critical role in requiring oil companies to boost their public disclosure of material financial risks they face from offshore oil drilling projects. To that end, a group of leading U.S. investors has asked the national commission investigating the Gulf of Mexico oil spill to recommend development of new disclosure guidance from the SEC for energy companies involved in ever-increasing deepwater drilling activity globally.

New Report: Coal-to-Liquids and Oil Shale Pose Significant Financial and Environmental Risks to Investors

Dozens of U.S. Projects Now Underway Face Climate-Related Regulatory Challenges, Water Risks and Technological Uncertainties
Summary: 

As pressure mounts to develop unconventional fuel sources to enhance U.S. energy security, a new Ceres report released today shows that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles - from water constraints, to technological uncertainties to regulatory and market risks - that pose substantial financial risks for investors involved in such projects.

Press Release

As pressure mounts to develop unconventional fuel sources to enhance U.S. energy security, a new Ceres report released today shows that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles - from water constraints, to technological uncertainties to regulatory and market risks - that pose substantial financial risks for investors involved in such projects.

Ceres President Recognized as ‘Leader of Change’ by United Nations and Foundation for Social Change

Summary: 

November 18, 2010 - Mindy S. Lubber, president of the non-profit group Ceres, was honored today by the United Nations and the Foundation for Social Change as one of the “World’s Top Leaders of Change” for her work in mobilizing leading companies to integrate environmental challenges into their core business strategies.

Press Release

November 18, 2010 - Mindy S. Lubber, president of the non-profit group Ceres, was honored today by the United Nations and the Foundation for Social Change as one of the “World’s Top Leaders of Change” for her work in mobilizing leading companies to integrate environmental challenges into their core business strategies.

68 Leading Investors Issue Joint Statement Opposing Proposition 23

Large Asset Managers, VC’s, Say Economic Competitiveness and Job Creation Would Take Major Hit in CA if Referendum Passes
Summary: 

Sixty-eight major investors collectively managing $415 billion in assets today issued a joint statement urging a “No” vote on Proposition 23, the California ballot initiative that would halt implementation of the state’s landmark, bipartisan clean energy law.

Press Release

Sixty-eight major investors collectively managing $415 billion in assets today issued a joint statement urging a “No” vote on Proposition 23, the California ballot initiative that would halt implementation of the state’s landmark, bipartisan clean energy law.

Valero, Tesoro and Occidental Face Shareholder Pressure for California Proposition 23 Support

Investors File Resolutions Challenging Company Political Spending Policies and Procedures
Summary: 

Responding to the oil companies’ financial backing for California’s controversial Proposition 23, investors today announced they have filed shareholder resolutions with Occidental Petroleum (Occidental), Valero Energy Corp. (Valero) and Tesoro Corporation (Tesoro) requesting Board-level review and oversight of the companies’ political expenditures and policies. Proposition 23 aims to suspend California’s landmark global warming law and, if passed, would undermine national efforts to reduce pollution causing climate change.

 

Press Release

Responding to the oil companies’ financial backing for California’s controversial Proposition 23, investors today announced they have filed shareholder resolutions with Occidental Petroleum (Occidental), Valero Energy Corp. (Valero) and Tesoro Corporation (Tesoro) requesting Board-level review and oversight of the companies’ political expenditures and policies. Proposition 23 aims to suspend California’s landmark global warming law and, if passed, would undermine national efforts to reduce pollution causing climate change.

 

California Companies in BICEP Coalition Urge Prop. 23 “No” Vote

Ballot Measure Would Cost Jobs, Investment; Risk California’s Market Lead in One of 21st Century’s Great Emerging Industries
Summary: 

California-based Levi Strauss & Co., eBay Inc., Symantec, Clif Bar & Company and The North Face – all internationally known brand names – today urged California voters to reject the Proposition 23 ballot initiative. They said it would effectively kill the state’s landmark air pollution and clean energy law – and with it the kind of technological innovation opportunities that create many jobs.

Press Release

California-based Levi Strauss & Co., eBay Inc., Symantec, Clif Bar & Company and The North Face – all internationally known brand names – today urged California voters to reject the Proposition 23 ballot initiative. They said it would effectively kill the state’s landmark air pollution and clean energy law – and with it the kind of technological innovation opportunities that create many jobs.

Ceres and CalPERS Announce Initiative to Accelerate Corporate Action on Global Sustainability Challenges

Project Involving Skoll Foundation and Nike Unveiled at Clinton Global Initiative
Summary: 

Ceres formed a collaboration today with Nike, the Skoll Foundation and the California Public Employees' Retirement System (CalPERS), the nation's largest public pension fund, to use their collective clout to urge the nation's largest companies to move more quickly to understand global sustainability risks and develop new business models and solutions.

 

Press Release

Ceres formed a collaboration today with Nike, the Skoll Foundation and the California Public Employees' Retirement System (CalPERS), the nation's largest public pension fund, to use their collective clout to urge the nation's largest companies to move more quickly to understand global sustainability risks and develop new business models and solutions.

 

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