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Corporate Social Responsibility
News
2.01.2006 ET
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CSR News from:
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Ceres Publishes Corporate Toolkit for Managing Climate Change Risks
(CSRwire) BOSTON --Ceres and the Investor Network on Climate Risk have
published a 24-page "toolkit" to help companies address the strategic and
financial challenges associated with global climate change.
The guidebook - Managing the Risks and Opportunities of Climate Change:
A Practical Toolkit for Corporate Leaders - is designed to help
corporate leaders respond to the various risks associated with climate
change, including physical impacts and regulatory changes, as well as
emerging market opportunities. It will be helpful for any corporate
manager or director with responsibilities related to risk management,
governance, climate regulations or investor relations.
"A growing number of investors are calling for deeper analysis, disclosure
and action from companies about the risks and opportunities they face from
climate change," said Mindy S. Lubber, president of Ceres and director of
the Investor Network on Climate Risk (INCR). "This toolkit is a powerful
tool that all leading corporations should use to improve their competitive
positioning on this complex issue."
The guidebook outlines the basic steps for developing a corporate climate
strategy, including:
How to assess climate risks and opportunities.
How to implement policies and action plans to manage risks and
capitalize on opportunities.
Best practices for disclosing company findings and plans, while
engaging investors and other stakeholders throughout the process.
The toolkit also includes case studies from companies that have developed
successful climate strategies, including General Electric, American
Electric Power, Chevron, Ford and Bank of America.
The guidebook can be downloaded at http://www.ceres.org and http://www.incr.com
About Ceres
Ceres is a national coalition of investors, environmental groups and other
public interest organizations working with companies to address
sustainability challenges such as global climate change. Ceres directs the
Investor Network on Climate Risk, a group of more than 50 institutional
investors from the U.S. and Europe managing about $3 trillion in assets.
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