INCR is a $7 trillion network of investors that promotes better understanding of the financial risks and opportunities posed by climate change.





Investors With $1.4 Trillion in Assets Call on the SEC to Improve Disclosure of Climate Change and Other Risk
June 12, 2009—Members of the Investor Network on Climate Risk (INCR) and other leading global investors sent a letter to the U.S. Securities and Exchange Commission (SEC) on Wednesday requesting that the Commission address corporate disclosure of climate change and other material environmental, social, and governance (ESG) risks in securities filings. More

 
 

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What's New at INCR  Top Stories

New Report: Major Mutual Funds Increase Support for Shareholder Resolutions on Climate Change
June 4, 2009 - A growing number of investors are pressuring companies whose stock they own to boost their attention to the business risks and opportunities posed by climate change. So they’re increasing the number of shareholder resolutions aimed at moving companies in that direction – and major mutual funds increasingly are voting with them, according to a new Ceres report. More

Investors Call on SEC to Take Steps to Improve Company Disclosure
June 3, 2009 - 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). More

Home Depot Lags Behind its Peers on Energy Efficiency & Savings, Faces Shareholder Vote on its Energy Plan at  May 28 Annual Meeting 
May 27, 2009 - As Lowe’s, Wal-Mart and other big box retailers gain competitive advantage with strong, cost-saving energy efficiency programs, Home Depot (NYSE: HD) faces a shareholder vote on its energy plan at its May 28 Annual General Meeting. More

‘Climate Watch’ Company Ultra Petroleum (UPL) Faces Shareholder Resolution on its Global Warming Strategy
May 20, 2009 - Filed by the Nathan Cummings Foundation for the fourth consecutive year, the resolution also has the support of the California State Teachers’ Retirement System (CalSTRS), and Miller Howard Investments, both co-filers, and two proxy advisor firms, RiskMetrics and ProxyGovernance. More

Shareholders Show Strong Support for ConocoPhillips Oil Sands Proposal
May 13, 2009 - ConocoPhillips shareholders demonstrated even stronger  support this year than last for a shareholder proposal calling for the company to fully account for the environmental impact of its tar sands operations. Over thirty percent (30.54%) of shareholders voted in support, compare to last year’s vote of 27.5%. The “yes” vote represented approximately $12.8 billion in share value. Shareholders owning $7.2 billion in value abstained. More

 

 

Providence Journal on 06/28/09: A Key Time for Carbon Control (Op-Ed by Mindy Lubber, Ceres and Kevin Parker, Deutsche Asset Management)
Recently, outside New York City’s Madison Square Garden, Deutsche Bank unveiled the Carbon Counter, a billboard sized meter monitoring the cumulative pollution humans are emitting into the atmosphere. More

The Guardian on 06/03/09: Companies not disclosing climate risks - studies
Most global industrial companies that emit a lot of greenhouse gases are not adequately detailing their climate strategies in U.S. financial filings, two studies by environmental and investment groups showed on Wednesday. More

Environmental Finance on 06/04/09: Financial firms ‘worst’ at climate disclosure – studies
Financial services companies are the worst offenders when it comes to failing to disclose climate change risks and mitigation strategies, which could have serious consequences for investors, two reports on corporate disclosure warn. More

BusinessGreen.com on 05/28/09: Sustainable Shareholders Crank Up Pressure on Corporate America
The extent to which shareholders can pressurise firms into improving their sustainability policies was underlined once again this week as two of the biggest names in corporate America, Chevron and Home Depot, faced shareholder resolutions demanding that they improve their environmental performance. More

Reuters on 02/18/09: Investors Target Exxon, Massey for Lags on Climate
A coalition of U.S. investors put companies including Exxon Mobil Corp and coal miner Massey Energy Co on a "Climate Watch" list on Wednesday, claiming the long-term competitiveness of the firms could be hurt by their lack of action on climate change. More

Pensions & Investments on 02/10/09: Time Is Right for Green-tech Stimulus
As Congress nears final approval of an economic stimulus package, it should be clear on one point: Major investors want a bold, green plan that will spark clean energy investment and allow America to shape its financial and energy future. More