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What is ceres principle?

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What is ceres principle?

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Ceres is a United States-wide network of investors, environmental organizations and other public interest groups working with companies and investors to address sustainability challenges. They formulated a catalogue of ten principles (from ceres website) Ceres Principles In the fall of 1989, Ceres announced the creation of the Ceres Principles, a ten-point code of corporate environmental conduct to be publicly endorsed by companies as an environmental mission statement or ethic. Imbedded in that code of conduct was the mandate to report periodically on environmental management structures and results. In 1993, following lengthy negotiations, Sunoco became the first Fortune 500 company to endorse the Ceres Principles. Today, the tide has changed dramatically. Over 50 companies have endorsed the Ceres Principles including 13 Fortune 500 firms that have adopted their own equivalent environmental principles. By endorsing the Ceres Principles or adopting their own comparable code, companies

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