CERES

New Analysis Reveals Stark Disparities in Emissions Intensity Between Major Oil and Gas Operators

Press Release

June 3, 2021 /3BL Media/ - A first-of-its-kind analysis from Ceres and the Clean Air Task Force provides investors, operators, natural gas purchasers, policymakers and regulators with the data needed to directly compare relative emissions intensity and total reported methane, carbon dioxide, and nitrous oxide emissions for nearly 300 U.S. oil and gas producers. The results reveal dramatic variability between companies and basins.

Ceres Company Network Welcomes Fifth Third Bank

Multimedia with summary

As part of its commitment to be a leader in sustainability, Fifth Third Bank recently 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.

In Stunning Vote, Shareholders Elect Two New Directors Put Forth by Shareholders at ExxonMobil, Seeking Climate Expertise and Action

Chevron shareholders reach majority vote for a proposal calling for Scope 3 emissions reduction targets
Press Release

In a dramatic shake up signaling an accelerating transition away from a fossil fuel economy, a majority of ExxonMobil shareholders voted to replace two of the oil major’s board of directors with an alternative slate of candidates experienced in clean energy and energy transitions. 

Two directors were elected from the slate nominated by climate activist shareholder Engine No. 1: Gregory Goff, former CEO of Andeavor oil refining company and Kaisa Hietala, former executive vice president of renewable products at Neste. 

First-of-its-kind Engagement Tool Released for Investors on Natural Climate Solutions

Offers key recommendations to engage portfolio companies on their use of natural climate solutions in net-zero climate commitments and calls for radical transparency on the use of carbon credits to achieve net zero
Press Release

May 18, 2021 /3BL Media/ - As net-zero commitments become the new standard for investors and companies, Ceres and the Institutional Investors Group on Climate Change (IIGCC) today released a new first-of-its-kind engagement tool for investors to spur meaningful dialogue with companies on the role and use of natural climate solutions in delivering on those commitments. Natural climate solutions, such as forest protection or reforestation, are a common component of many corporate net-zero action plans, often used to offset companies’ greenhouse gas emissions.

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.

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