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Article

22 Sep 2010

Author:
Ceres

Ceres and CalPERS Announce Initiative to Accelerate Corporate Action on Global Sustainability Challenges

...Ceres formed a collaboration today with Nike, the Skoll Foundation and the California Public Employees' Retirement System (CalPERS)...to use their collective clout to urge the nation's largest companies to move more quickly to understand global sustainability risks...Announced today at the Clinton Global Initiative, the collaboration catalyzes a powerful group of investors, corporate leaders and other key market players to propel 1,000 companies to embed sustainability factors into day-to-day decision-making, including operations, product development and global supply chains...Some companies have stepped up their responses to sustainability threats like global water scarcity, climate change, workplace safety and human rights. But broader and deeper actions are needed given the colossal challenges.