CERES

Major Investors Demand Ambitious Methane Regulations in the U.S.

147 investors with $5.35 trillion in assets under management call for stronger methane regulations and enforcement
Summary: 

Inaction will leave investors and oil and gas companies vulnerable to climate and reputational risk

Press Release

Inaction will leave investors and oil and gas companies vulnerable to climate and reputational risk

In Historic Votes, Shareholders Demand Strong Climate Action From the U.S. Oil and Gas Industry

Press Release

May 14, 2021 /3BL Media/ - Winning vote totals on shareholder proposals at Phillips66 and ConocoPhillips this week sent a clear signal to the oil and gas industry that investors want to see ambitious climate action — and small commitments are no longer enough. 

Major U.S. Businesses and Investors Urge Biden Administration and Congress to Support an Infrastructure Package to Build a Sustainable Future

Press Release

Businesses with combined annual revenue of $1.5 trillion participate in LEAD on Climate 2021, the third annual large-scale lawmaker education and advocacy day bringing together U.S. businesses and investors to call for ambitious climate policy action. 

Investors and Business Leaders Urge Passage of California Climate Risk Disclosure Legislation

Press Release

May 11, 2021 /3BL Media/ - Institutional investors with more than $88 billion in assets under management and a coalition of business leaders are calling on the California State Legislature to pass legislation that would require state-incorporated corporations, financial institutions, and insurers to report on climate-related financial risks. 

Fifth Third Joins Ceres Company Network; Latest Step in Accelerating Transition to a Sustainable Future

Press Release

CINCINNATI, May 11, 2021 /3BL Media/ – As part of its commitment to be a leader in sustainability, Fifth Third Bank, National Association, today announces that it has joined the Ceres Company Network. By joining, Fifth Third has become part of a network of 60 companies who commit to achieving robust sustainability goals, improving resiliency in their operations and supply chains, and advancing market-based and equitable solutions to the world’s biggest sustainability challenges.

Fast Food Giants Ramp up Climate Commitments Under Pressure From Investors in 'Breakthrough Year'

Summary: 
  • Targets turnaround - Five out of six fast food brands in $11 trillion global investor engagement have now publicly stated they will set, or have already set, science based targets (SBTs) to reduce their emissions - up from just two companies last year.
  • Weak on water - Companies have been much slower to address water scarcity and pollution risks to their meat supply chains.
  • Slow progress on TCFD - Despite progress on climate commitments, none of the six companies have completed or disclosed a TCFD-aligned climate scenario analysis, despite this being mandatory in the UK by 2025 and the US Federal Reserve calling for increased disclosure against climate risks.
Press Release
  • Targets turnaround - Five out of six fast food brands in $11 trillion global investor engagement have now publicly stated they will set, or have already set, science based targets (SBTs) to reduce their emissions - up from just two companies last year.
  • Weak on water - Companies have been much slower to address water scarcity and pollution risks to their meat supply chains.
  • Slow progress on TCFD - Despite progress on climate commitments, none of the six companies have completed or disclosed a TCFD-aligned climate scenario analysis, despite this being mandatory in the UK by 2025 and the US Federal Reserve calling for increased disclosure against climate risks.

Ceres Applauds President Biden's Announcement of a Strong National Greenhouse Gas Emissions Reduction Target

New U.S. Nationally Determined Contribution calls for a 50-52% reduction from 2005 levels in economy-wide net greenhouse gas pollution by 2030
Press Release

April 23, 2021 /3BL Media/ - Ceres applauds today’s announcement by the Biden administration of a Nationally Determined Contribution (NDC) for the U.S. to achieve a 50-52% reduction from 2005 levels in economy-wide net greenhouse gas pollution by 2030, which will place the country on a credible pathway to reach net-zero emissions by 2050.

Global Initiative Grows to 87 Investors Managing $37 Trillion, With the World's Three Largest Asset Managers Now Committing to Net Zero Goal

Summary: 

Ahead of Earth Day and Leaders Summit on Climate, the Net Zero Asset Managers initiative announces it now includes BlackRock, Vanguard, and State Street Global Advisors Asset managers promise to work with clients to reach net zero emissions by 2050 or sooner and set 2030 emissions reduction targets

Press Release

Ahead of Earth Day and Leaders Summit on Climate, the Net Zero Asset Managers initiative announces it now includes BlackRock, Vanguard, and State Street Global Advisors Asset managers promise to work with clients to reach net zero emissions by 2050 or sooner and set 2030 emissions reduction targets

Investors Encouraged by Wendy's Pledge to Set Science-based Emissions Reduction Targets for Its Full Value Chain

Press Release

April 21, 2021 /3BL Media/ - Today, The Wendy’s Company took an important step to help tackle the climate crisis and align with investor expectations on greenhouse gas emission reductions from direct operations and supply chains, according to institutional investors who reached an agreement with the fast food giant.

Influential Companies and Fleet Operators Call for Strong Fuel Economy and Emission Standards

Strong federal fuel economy and pollution standards would spur innovation and benefit businesses, consumers, and the U.S. auto industry.
Press Release

April 15, 2021 /3BL Media/ - Two powerful corporate networks, representing more than 80 companies with a combined $1.3 trillion in annual revenue, are calling on the Biden administration to set strong emissions and fuel economy standards for passenger vehicles.

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