Ceres research shows companies are far behind where they need to be to cut greenhouse gas emissions in half by the end of the decade
At a time where it is more urgent than ever that companies act boldly on the climate crisis, a new guide released today by the sustainability nonprofit Ceres aims to shed light on the often-confusing array of corporate commitments, providing investors with clear and practical guidance on evaluating corporate greenhouse gas commitments and effectively engaging the largest companies to increase their climate ambition and action.
Department of Labor proposes timely regulation to ensure Employee Retirement Funds protect savings against climate risk and take advantage of ESG fund opportunities
October 13, 2021 /3BL Media/ - Ceres applauds a proposed rule issued today by the U.S. Department of Labor that would open the way for the sponsors of retirement funds to include more sustainable options in their retirement saving plans.
A growing number of businesses are taking action to build a cleaner, more sustainable economy. These businesses recognize that investing in clean energy and climate solutions is not only good for the planet, it’s good for business. That’s why more than a hundred leading U.S. businesses are urging Congress to pass policies to transform the electricity grid to 100% clean energy by 2035.
Accelerating Corporate Action on the Climate Crisis
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Unless companies take immediate action on climate change, we will quickly surpass the 1.5 degree Celsius global temperature increase that will have catastrophic implementations not only on the environment and severity of natural disasters, but on human health, livelihoods, and security. But there is cause for optimism: more than ever, the private sector – which accounts for the vast majority of carbon emissions – is listening and stepping up sustainability commitments.
As society’s risk manager, the insurance industry has a long history of embracing practices that protect people and society from systemic threats, but as climate threats have ramped up dramatically, most insurers have been slow to adjust their business practices to reduce exposure to climate risks and help policyholders and governments to reduce their exposure.
Central banks around the world are responsible for ensuring economic and financial stability. So why would some of them minimize perhaps the most significant threat to the future of our society and its financial markets – climate change?
Findings include recommendations to help banks implement practical frameworks for analysis and action
September 8, 2021 /3BL Media/ - A new report released today reveals the potential exposure from physical climate change impacts to just the syndicated loan portfolios of 28 of the largest U.S. banks could approach 10 percent annually.
August 25, 2021 /3BL Media/ - Connecticut advocates and businesses spotlighted their support for the Transportation & Climate Initiative Program (TCI-P) at a virtual gathering today, urging state lawmakers to support legislation that will formalize the state’s participation in the groundbreaking program.