Tag Archives: Ceres

The global transition to clean energy, explained in 12 charts

By David Roberts, Vox

Renewable energy is starting to make a dent in electricity – Fifth Chart:
All the growth and investments in renewable electricity are starting to add up. Renewables represent more than a third of the world’s installed capacity and, as the graphic below shows, more than 26 percent of global electricity produced.

That said, hydropower, at almost 16 percent, makes up more than half the renewables total. What people tend to think of as renewables, wind and solar, make up only a combined 8 percent. Even in electricity, renewables have a long way to go. Read more here.

FEATURED GLOBAL INITIATIVE: CLIMATE ACTION 100+

To date, more than 300 investors with more than $33 trillion in assets under management have signed on to this initiative. Climate Action 100+ is coordinated by five partner organizations: Asia Investor Group on Climate Change, Ceres, Investor Group on Climate Change, Institutional Investors Group on Climate Change, and Principles for Responsible Investment.

MORE NEWS & RESOURCES

Investing with a Conscience: The Rise of ESG and What Really Matters to Investors

By Kelly LaVigne, J.D., Allianz Life, Contributor, Kiplinger

Socially responsible investing has really blossomed in the past few years. What used to be viewed as a niche investment philosophy is now firmly planted in the mainstream, with everyday consumers using their dollars to support companies that align with their personal values around sustainability and social progressiveness.

But beyond the day-to-day choices, like what stores to frequent and what products to purchase, consumers are turning to environmental, social and governance (ESG) standards to help inform their investment decisions. In a recent study by Allianz Life, nearly 80% of people said they “love the idea of investing in companies that care about the same issues” they do, and 73% feel it’s a way to reward a company’s good behavior. On the flip side, 71% said they would stop investing in a company if it behaved in ways they consider unethical. Continue reading here.

Additional Recommended Reading

US clean energy investors keenest on PV, storage in trillion dollar race, by José Rojo Martin, PV-Tech

Polled US financiers have ranked PV and storage as the most attractive renewable investment targets but warned that policy gaps could hinder long-term financing flows. Surveyed in recent months, banks, asset managers, private equity firms and other institutional investors placed utility-scale PV and energy storage as their top priorities between 2019 and 2022.

In the survey, held in May by the American Council on Renewable Energy (ACORE), the technology duo was followed by residential and commercial solar, onshore wind, bioenergy and offshore wind.  The respondents – a majority of which deploy some US$500 million a year in US renewables – mostly planned to maintain or increase clean energy allocations, with no decreases foreseen. 

Just several of the many nonprofits focusing on ESG standards in investing:

As You Sow
Founded in 1992, As You Sow promotes environmental and social corporate responsibility through shareholder advocacy, coalition building, and innovative legal strategies. Our vision is a safe, just, and sustainable world in which protecting the environment and human rights is central to corporate decision making. Corporations are responsible for most of the pressing social and environmental problems we face today — we believe corporations must be a willing part of the solutions. We make that happen.

Ceres
Ceres is a sustainability nonprofit organization working with the most influential investors and companies to build leadership and drive solutions throughout the economy. Through powerful networks and advocacy, Ceres tackles the world’s biggest sustainability challenges, including climate change, water scarcity and pollution, and human rights abuses.

Green America
Our mission is to harness economic power—the strength of consumers, investors, businesses, and the marketplace—to create a socially just and environmentally sustainable society. We focus on four areas for system transformation, insisting on social justice and environmental health across all sectors. We believe if we can get these right, the rest of the economy will follow: 1. Climate and clean energy, 2. Sustainable food and agriculture, 3. Responsible investing and 4. Fair labor.

Green Faith
Green Faith’s mission is to inspire, educate and mobilize people of diverse religious backgrounds for environmental leadership. Our work is based on beliefs shared by the world’s great religions – we believe that protecting the earth is a religious value, and that environmental stewardship is a moral responsibility.

Interfaith Center on Corporate Responsibility

Currently celebrating our 49th year, the Interfaith Center on Corporate Responsibility (ICCR) pioneered the use of shareholder advocacy to press companies on environmental, social, and governance issues. Our coalition of over 300 global institutional investors currently represents more than $400 billion in managed assets. Leveraging our equity ownership in some of the world’s largest and most powerful companies, ICCR members regularly engage management to identify and mitigate social and environmental risks resulting from corporate operations and policies.

Proxy Preview
Proxy Preview is a collaboration between three organizations: As You Sow, Sustainable Investment Institute, and Proxy Impact to help investors align their values with their investments. Publishes Annual Guide: Proxy Preview 2019 is the 15th annual edition of the insider’s guide to social and environmental shareholder proposals. This free publication is the #1 resource for shareholders looking to align their values and investments. “Bible for socially progressive foundations, religious groups, pension funds, and tax-exempt organizations” – Chicago Tribune

Renewable Energy Job Boom Creates Economic Opportunity As Coal Industry Slumps

By Silvio Marcacci, Forbes

Renewable energy jobs are booming across America, creating stable and high-wage employment for blue-collar workers in some of the country’s most fossil fuel-heavy states, just as the coal industry is poised for another downturn.

Economics are driving both sides of this equation: Building new renewable energy is cheaper than running existing coal plants and prices get cheaper every year. By 2025, almost every existing coal plant in the United States will cost more to operate than building replacement wind and solar within 35 miles of each plant. Multiple states and utilities are setting 100% clean energy goals, creating new demand for workers to build solar panels and wind turbines. Continue reading here.

ADDITIONAL RECOMMENDED READING

GREEN CAMPUSES

Johns Hopkins Announces Major Solar Power Commitment, Hub

Marking the largest commitment to solar energy in Maryland and one of the most significant pledges to greenhouse gas reduction in higher education, Johns Hopkins University has entered into a long-term agreement to supply its campuses with more than 250,000 megawatt hours of solar power per year.

GLOBAL NEWS

  • Earth Matters: Climate change challenges from every corner of the globe, CBS News
    On April 22, 1970, CBS News marked the first ever Earth Day with a special report anchored by Walter Cronkite. “The gravity of the message of Earth Day still came through: act or die,” Cronkite said at the time. CBS News correspondents reported on protests, clean-up efforts, and calls to action from all over the country. It was the start of the modern environmental movement. Now 49 years later, we are covering the environmental issues of the day — this time from every corner of the globe.
  • Solar Energy 2019: Will This Be A Record Year For The Industry?, International Business Times

SOLAR PRODUCT REVIEW

Renogy’s Solar Panels Bring Low Cost, Portable Solar To The Masses, Clean Technica. Renogy has built some impressive portable solar panels that allow consumers to recharge their devices and their portable USB batteries using the power of the sun. It’s a beautiful combination that had me excited when the company reached out to me about a review of its 5 watt and 10 watt portable solar panels.

That $3 Trillion-a-Year Clean Energy Transformation? It’s Already Underway.

By Phil McKenna, Inside Climate News

To keep global warming in check, the world will have to invest an average of around $3 trillion a year over the next three decades in transforming its energy supply systems, a new United Nations climate science report says. It won’t be cheap, but it’s also a change that’s already underway . . . Corporate giants including Google and Apple, for example, purchase enough renewable energy to cover 100 percent of their power needs. The research and sustainability advocacy group Ceres has been working with companies and large investors for years to help them understand both the risks to their portfolios from high-carbon sources and the opportunities of investing in cleaner infrastructure as renewable energy prices fall. Ceres argued in a report released earlier this year that achieving a “clean trillion” in additional annual investment in clean energy and infrastructure is “eminently feasible.” Read more here.

Photo Credit: Dennis Schroeder/NREL

Ceres is a sustainability nonprofit organization working with the most influential investors and companies to build leadership and drive solutions throughout the economy. Through powerful networks and advocacy, Ceres tackles the world’s biggest sustainability challenges, including climate change, water scarcity and pollution, and human rights abuses.
Initiatives include:
Climate Action 100+

Clean Trillion

ADDITIONAL INITIATIVES – JUST SOME OF THEM

The Corporate Renewable Energy Buyers’ Principles and the Business Renewables Center are the core initiatives of the Renewable Energy Buyers Alliance (REBA). 

REBA helps companies understand the benefits of transitioning to renewables, connecting large buyer demand to renewable energy supply, and helping utilities better understand and serve the needs of all energy buyers.

Click these links to learn more:

RE100 is a collaborative, global initiative uniting influential businesses committed to 100% renewable electricity, working to massively increase demand for – and delivery of – renewable energy. A growing number of RE100 businesses are also helping their suppliers access renewable energy for their own operations, exponentially contributing to global wind and solar energy deployment.

RE100 is sponsored by The Climate Group in partnership with CDP. Both organizations are part of the We Mean Business coalition, working with leading businesses around the world.

Sierra Club’s Ready for 100
Over 100 cities have committed to 100% renewable energy in Sierra Club’s Ready for 100 initiative. The Sierra Club, founded in 1892, has 3.5 million members and supporters nationwide.
2018 Case Studies Reports featuring 10 new cities that are ready for 100% clean energy!

The Billion Dollar Green Challenge
The Billion Dollar Green Challenge encourages colleges, universities, and other nonprofit institutions to invest a combined total of one billion dollars in self-managed “green revolving funds.” The Sustainable Endowments Institute launched The Challenge in 2011. Download a brief summary that explains The Billion Dollar Green Challenge, including partners and funders.

Interfaith Center on Corporate Responsibility
Currently celebrating their 47th year, the Interfaith Center on Corporate Responsibility (ICCR) pioneered the use of shareholder advocacy to press companies on environmental, social, and governance issues. This coalition of over 300 global institutional investors currently represents more than $400 billion in managed assets. Leveraging their equity ownership in some of the world’s largest and most powerful companies, ICCR members regularly engage management to identify and mitigate social and environmental risks resulting from corporate operations and policies.

Green Faith
Green Faith’s mission is to inspire, educate and mobilize people of diverse religious backgrounds for environmental leadership. “Our work is based on beliefs shared by the world’s great religions – we believe that protecting the earth is a religious value, and that environmental stewardship is a moral responsibility.”

As You Sow
Founded in 1992, As You Sow promotes environmental and social corporate responsibility through shareholder advocacy, coalition building, and innovative legal strategies. Their vision is a safe, just, and sustainable world in which protecting the environment and human rights is central to corporate decision making. “Corporations are responsible for most of the pressing social and environmental problems we face today — we believe corporations must be a willing part of the solutions.”

Green America
Green America’s mission is to harness economic power—the strength of consumers, investors, businesses, and the marketplace—to create a socially just and environmentally sustainable society. The organization focuses on four areas for system transformation, insisting on social justice and environmental health across all sectors. “We believe if we can get these right, the rest of the economy will follow: 1. Climate and clean energy, 2. Sustainable food and agriculture,
3. Responsible investing and 4. Fair labor.” Campaigns include: Clean Energy Victory Bonds

Proxy Preview
Proxy Preview is a collaboration between three organizations: As You Sow, Sustainable Investment Institute, and Proxy Impact to help investors align their values with their investments. Publishes Annual Guide: Proxy Preview 2018 is the 14th edition of the insider’s guide to social and environmental shareholder proposals. This free publication is the #1 resource for shareholders looking to align their values and investments. “Bible for socially progressive foundations, religious groups, pension funds, and tax-exempt organizations” – Chicago Tribune

SocialFunds.com
Social Funds.com features over 10,000 pages of information on SRI mutual funds, community investments, corporate research, shareowner actions, and daily social investment news.

The Shine Campaign is a new, global campaign blending communities of faith, philanthropy and finance to solve energy poverty.

Information about organizations updated February 22, 2019

Pace and Scale: Investor leadership at the Global Climate Action Summit and beyond

Written by Mindy Lubber, Forbes

Mindy Lubber is CEO and president of Ceres. Ceres is a sustainability nonprofit organization working with the most influential investors and companies to build leadership and drive solutions throughout the economy.

This week at the Global Climate Action Summit in San Francisco, we, along with our partners across the globe, are showcasing one of the largest-ever displays of investor action, with nearly 400 investors with $32 trillion in collective assets under management taking action in line with what we call the The Investor Agenda. Read more here. 

SEE ALSO: Climate Action 100+

ADDITIONAL RECOMMENDED READING
Declining Costs and Technology Are Powering Renewable Energy Demand According to New Deloitte Report, PR Newswire

States Open Their Doors to Clean Energy

By Alli Gold Roberts, Triple Pundit: People, Planet, Profit

According to a new analysis by the Retail Industry Leaders Association and the Information Technology Industry Council, state policies are making it far easier for the retail and information technology sectors to procure renewable energy and expand customer choices on energy sourcing. For example, Iowa has tapped its abundant wind energy resources to attract numerous large corporate buyers with utility green tariffs and third-party power purchase agreements (PPAs). Google and Facebook have procured more than 500 megawatts of wind power with Iowa’s major utility, MidAmerican Energy, resulting in new jobs, tax revenues and other economic benefits. The state can secure additional corporate investments by making it easier for companies to do onsite renewable energy projects, too. Read more here.

Image credit: U.S. Air Force photo / Lance Cheung 

Alli Gold Roberts is a state policy manager at Ceres, a nonprofit sustainability organization mobilizing companies and investors to take stronger action on climate change and other global sustainability challenges. Roberts leads the organization’s clean energy policy initiatives in the Midwest, Southeast and New England regions.

RECOMMENDED READING
720+ Businesses and Investors Encourage Trump Administration and Congress to Support and Advance Low-Carbon Policies and Investment in the U.S.

The statement to businesses and investors was coordinated by C2ESCeresEnvironmental Defense FundEnvironmental EntrepreneursThe B TeamThe Climate GroupWe Mean Business, and World Wildlife Fund (WWF).

Business Backs Low-Carbon USA launched in December 2015. For information on how your organization or business can participate, contact Brianna Esteves at Ceres: esteves@ceres.org

10 Reasons to Be Optimistic for a Low-Carbon Future

By Peyton Fleming, senior director of the nonprofit sustainability group Ceres. Posted on EcoWatch.

[There] is a movement taking hold that is far bigger than the
U.S.—I’ve seen it in the last year in Africa, in Europe and the U.S. Here are 10 shining lights for the irresistibility and inevitability of the low-carbon future. It’s here—and there is no turning back.
Continue reading.

ALSO POSTED ON ECOWATCH
It’s Official: Solar Energy Cheaper Than Fossil Fuels

Google Announcement: 100% renewable is just the beginning

Today, we are the world’s largest corporate buyer of renewable power, with commitments reaching 2.6 gigawatts (2,600 megawatts) of wind and solar energy. That’s bigger than many large utilities and more than twice as much as the 1.21 gigawatts it took to send Marty McFly back in time. Read more here.

Click infographic to enlarge it. 

SEE ADDITIONAL ANNOUNCEMENTS & NEWS AT THESE WEBSITES

Want to expand renewable power? Know these states

By Barbara Grady, Senior Writer, GreenBiz Group

cochella_wind_farm by welcomia

According to Benchmarking Clean Energy Deployment 2016 produced by Ceres and Clean Edge, four utilities serving nine states each generated more than 20 percent of their electricity from renewables, or a collective 61.5 million megawatts, by year-end 2014.  On top of that, 2015 was a record year for utility investment in renewables and “utilities plan to install three times as much solar in 2016 as they did in 2015,” the report said. Read more here.