2024 Priorities
Protecting Forests, Land, and Water
Deforestation and destruction of other natural ecosystems contributes 11% of global greenhouse gas emissions and is a major driver of biodiversity loss. Ceres works with companies to end the deforestation associated with commodity production and benchmarks 53 of the world’s largest companies. In parallel, Ceres will work on Nature Action 100, a global investor initiative that Ceres co-founded, to catalyze corporate ambition and action on nature and biodiversity. And to address the growing urgency of water risks, Ceres will work with the Valuing Water Task Force and engage the 72 companies we began benchmarking in 2023. Net Zero Finance Ceres collaborates with top-tier investors to highlight how the climate crisis and sustainability challenges pose a substantial threat to financial markets and assist financial institutions and investors in effectively reaching their net zero objectives. In 2024, Ceres will focus on three critical dimensions of finance: investment portfolios, banking, and regulatory frameworks.
Policy and Regulator Change Ceres mobilizes company and investor support for strong policy and regulatory action. In terms of federal policy, Ceres will work on advancing bipartisan support for critical clean energy and climate smart policies, including the Farm Bill and Carbon Border Adjustment Mechanism. At the state level, Ceres will work on a slate of state and region-specific priorities, such as the Regional Greenhouse Gas Initiative. On the financial regulatory front, Ceres will leverage its annual Climate Risk Scorecard to encourage U.S. federal financial regulators to address the systemic impacts of risk and work to defend and advance the SEC’s final climate disclosure rules.
| fy 24 priorities
2023 Leadership Circle Executive Summary | 12
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