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Category: Investment, Solar, Renewable Energy
2010 GLOBAL WARMING PROXY SEASON OVERVIEW TO OUTLINE BIG JUMP IN RESOLUTIONS, EMERGING IMPACT OF SEC ACTION ON CLIMATE CHANGE DISCLOSURE
BOSTON - March 4, 2010 (www.Investorideas.com renewable energy /green newswire) - A record number of global warming shareholder resolutions will be considered during the 2010 proxy season as new Securities and Exchange Commission (SEC) guidance on climate change disclosure serves as a wake-up call for companies, according to experts who will speak at 11 a.m. EST Thursday (March 4, 2010) during a Ceres and Interfaith Center on Corporate Responsibility (ICCR) phone-based national news conference.
Among the companies to be highlighted during the briefing are: ConocoPhillips (environmental damage from its oil sands operations); Exxon Mobil (greenhouse gas reduction plans, oil sands); and Southern Company (greenhouse gas reduction goals, coal ash storage practices).
News event speakers will include:
- Jack Ehnes, CEO at the California State Teachers Retirement System (CalSTRS);
- Mindy Lubber, president, Ceres and director, Investor Network on Climate Risk;
- Interfaith Center on Corporate Responsibility representative Sister Barbara Aires, coordinator, Corporate Responsibility, Sisters of Charity, Elizabeth, New Jersey; and
- Larisa Ruoff, director of Shareholder Advocacy, Green Century Capital Management.
TO PARTICIPATE: You can join this live, phone-based news conference (with full, two-way Q&A) at 11 a.m. EST on March 4, 2010 by dialing 1 (800) 860-2442. Ask for the “2010 global warming proxy season overview" news event.
CAN'T PARTICIPATE?: A streaming audio recording of the news event will be available on the Web as of 4 p.m. EST on March 4, 2010 at http://www.ceres.org.
CONTACT: Ailis Aaron Wolf, (703) 276-3265 or aawolf@hastingsgroup.com; and Meg Wilcox, (617) 247-0700 ext.148 or wilcox@ceres.org.
Ceres is a leading coalition of investors, environmental groups and other public interest groups working with companies to address sustainability challenges such as global climate change. Ceres also directs the Investor Network on Climate Risk, a network of 80 institutional investors with $8 trillion of collective assets focused on the business impacts of climate change. For details, visit http://www.ceres.org or http://www.incr.com.
For nearly 40 years the Interfaith Center on Corporate Responsibility (ICCR) has been a leader of the corporate social responsibility movement. ICCR's membership is an association of 275 faith-based institutional investors, including national denominations, religious communities, pension funds, foundations, hospital corporations, economic development funds, asset management companies, colleges, and unions. Each year ICCR-member religious institutional investors sponsor over 200 shareholder resolutions on major social and environmental issues. For more information, visit http://www.iccr.org.
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