Latest Climate risk Stories

Strong Policies Will Drive Critical Low-Carbon Investments; NY State Comptroller DiNapoli, Lord Nicholas Stern Join Investors NEW YORK, Sept. 16 /PRNewswire-USNewswire/ -- The world's largest global investors issued a joint call today for strong action this year from U.S. and international policy makers in the fight against global warming. Amid growing focus on upcoming international climate treaty talks and Congressional debate of climate and energy legislation, global investors meeting...

Report says action on climate adaptation may significantly reduce losses and increase economic sustainability. NEW YORK, Sept. 14 /PRNewswire-USNewswire/ -- A report from the Economics of Climate Adaptation Working Group released today indicates that climate risks could cost nations up to 19% of their GDP by 2030, with developing countries most vulnerable. The report concludes, however, that cost effective adaptation measures already exist that can prevent between 40 and 68 percent of the...

First-Ever Majority Vote, Tougher Mountaintop Removal Scrutiny, Cancelled Coal Plants Among Highlights BOSTON, Aug. 24 /PRNewswire/ -- Investors engaging with U.S. and Canadian companies on the financial risks and opportunities from climate change achieved major breakthroughs in the 2009 proxy season, including a first-ever majority vote (51.2 percent) with IDACORP, an electric utility in Idaho, asking it to establish greenhouse gas (GHG) reduction goals. A record 68 climate-related...

LONDON, Aug. 19 /PRNewswire-FirstCall/ -- According to an Acclimatise global report, backed by IBM (NYSE: IBM), nearly all electric utilities claim climate change is threatening power outages, higher costs and changes in usage as demand grows to power the world's expanding cities. (Logo: http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO ) Over ninety percent of global electric utilities that report climate change activity to the Carbon Disclosure Project recognised they are at risk from...

As Sole Real Estate Industry Sector Member of Ceres, Jones Lang LaSalle is Sector's First Firm to Participate in Business for Innovative Climate and Energy Policy (BICEP) CHICAGO, June 24 /PRNewswire-FirstCall/ -- Jones Lang LaSalle (NYSE: JLL), the leading integrated financial and professional services firm specializing in real estate, today announced it has signed the Business for Innovative Climate and Energy Policy (BICEP) project developed by Ceres in cooperation with founding members...

Two researchers at the U.S. Department of Energy's Lawrence Berkeley National Laboratory (Berkeley Lab), Evan Mills and Michael Wehner, contributed to the analysis of the effects of climate change on all regions of the United States, described in a major report released today by the multi-agency U.S. Global Change Research Program.For the southwest region of the United States, which includes California, the report forecasts a hotter, drier climate with significant effects on the...

Investors Call on SEC to Take Steps to Improve Company Disclosure WASHINGTON, June 3 /PRNewswire-USNewswire/ -- Climate change-related disclosure continues to be weak or altogether nonexistent in SEC filings of global companies with the most at stake in preparing for a low-carbon global economy, according to two major studies released today by Ceres, Environmental Defense Fund (EDF) and the Center for Energy and Environmental Security (CEES). The reports' findings highlight the need for...

Resilient Coasts Blueprint Outlines Steps to Reduce Risks and Losses in Face of Growing Threats WASHINGTON and BOSTON, April 23 /PRNewswire-USNewswire/ -- As another hurricane season approaches and government leaders debate U.S. climate policy, a first-ever coalition of leading insurers, public officials, risk experts, builders and conservation groups today announced a bold blueprint of policy changes and common sense actions that could reduce economic losses from future storms and rising...

"The Responsible and Sustainable Board" White Paper Highlights the Top Reasons Why Corporate Responsibility and Sustainability Should Be on the Board's Radar Screen NEW YORK, March 2 /PRNewswire/ -- Boards of directors are increasingly paying attention to the risks and opportunities associated with corporate responsibility, sustainability and climate change, according to a survey commissioned and released today by Deloitte and Corporate Board Member magazine. The survey of 220 directors...

Climate Risks Mean New Problems for Vulnerable Sectors, including Electric Power, High-Tech, Agriculture and Beverages BOSTON, Feb, 26 /PRNewswire-USNewswire/ -- Global climate change is exacerbating water scarcity problems around the world, yet few businesses and investors are paying attention to this growing financial threat, according to a report issued today by Ceres and the Pacific Institute. Water is crucial for the global economy -- driving every industry from agriculture to...