Carbon Asset Risk Initiative

Advocacy Organization @CeresNews Responds to NY Attorney General Investigation of ExxonMobil

Press Release

November 6, 2015 /3BL Media/ - Ceres and its investor members have engaged with ExxonMobil and its predecessor companies for decades. Our message all along has been clear: disclose the risks of climate change to investors, and tell us what you are doing to manage those risks. We have long warned the company that failure to do so could bring about significant liability.

Investors Push SEC to Require Stronger Climate Risk Disclosure by Fossil Fuel Companies

Press Release

BOSTON, April 17, 2015 /3BL Media/ – Just one day after BP adopted a shareholder resolution to support better carbon asset risk disclosures following disappointing global oil demand and low oil prices, 62 institutional investors representing nearly $2 trillion in assets called on the Securities and Exchange Commission to push for better disclosure by oil and gas companies of critical climate change-related business risks that will “profoundly affect the economics of the industry.”

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