Investors Shame Corporations Lagging on Climate

Ceres, a coalition of investors and environmental groups, put nine major North American companies on the "Climate Watch List" for inadequate disclosure of their carbon footprints and failure to address risks such as possible climate regulation. "We've seen neither progress nor responsiveness from these companies," said Mindy Lubber, Ceres president. The companies cited were Chevron, CONSOL Energy, ExxonMobil, General Motors, Massey Energy, Standard Pacific, Canadian Natural Resources Ltd, Southern and Ultra Petroleum.  Investors are increasingly concerned about the long-term competitiveness of companies that aren't taking proper climate action. In 2009, investors filed a record 63 global warming resolutions.  Read more at Environmental Finance