2011 Ceres Conference Roundup: Partnerships and Commitments

2011 Ceres Conference Roundup: Partnerships and Commitments

The 2011 Ceres Conference wrapped up today in Oakland, just down the road from GreenBiz Group's new headquarters.

In case you missed it, a slew of news and announcements came out of the event.

Below is a roundup of commitments made by members of the just-launched Investor-Business Roundtable for a Sustainable Economy, which combines investment, industry and labor interests.

 

• The California Public Employees’ Retirement System (CalPERS), with $236 billion under management, will use environmental, social and governance criteria in all investment decision-making, and use the Ceres 21st Century Roadmap for Sustainability for its company engagement efforts.

• The California State Teachers Retirement System (CalSTRS), which manages $152.9 billion in assets, will speed up a program aimed at getting its outside fund managers to incorporate environmental, social and governance criteria in their decision-making.

• CalPERS and CalSTRS will send letters to all Russell 1000 companies calling on them to address sustainability in their boardrooms, operations and supply chains.

• This quarter, SAP will release new and enhanced energy management solutions for companies.

• The AFL-CIO will work to create financing mechanisms to boost energy efficiency and renewable energy retrofits and investment. The group will work with the Clinton Global Initiative, Taft-Hartley and other pension funds to drum up investment.

Jones Lang LaSalle committed to developing new tools to help property owners and investors assess, benchmark and manage the energy and environmental impacts of their holdings.

PG&E pledged to delve deeper and quantify the impacts of its program to integrate sustainability into its supply chain.

• The Skoll Foundation will make sustainable capitalism a key focus on the Skoll World Forum next year.

Levi's unveiled a program to not only improve the working conditions of its factories, but also "make a material difference to the people and communities" across its supply chain.

• Separately, Sprint Nextel, Intuit and Brown Forman joined the Ceres Network of Companies, committing to improve sustainability performance and disclosure.