The Walt Disney Co. Joins Ceres Corporate Network
Disney will work with Ceres to improve its efforts on key environmental and social sustainability issues. Disney will also engage key stakeholders to help advance its sustainability strategy, disclosure, and performance.
“Ceres looks forward to working with Disney to further develop a comprehensive citizenship strategy,” said Ceres President Mindy Lubber. “This well-known institution is proving that even the largest of corporations can weave citizenship into its DNA. Disney understands that it has impacts that affect people and places around the globe - and Ceres looks forward to helping the company improve its citizenship performance across each of its businesses.”
Disney has set long-term goals of achieving zero net greenhouse gas emissions and zero waste to landfills. Short-term, Disney aims to reduce GHG emissions and cut solid waste by 50 percent by 2013. To meet these goals, the company will:
Improve energy efficiency
Source more renewable energy
Increase the use of post-consumer recycled materials.
Ceres is a leading network of investors, environmental groups and other public interest organizations working with companies to address sustainability challenges such as global climate change. Ceres also directs the Investor Network on Climate Risk (INCR), a network of 90 institutional investors with $9 trillion of collective assets focused on the business impacts of climate change. For more information, visit www.ceres.org. About The Walt Disney Company The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise. Disney is a Dow 30 company and had annual revenues of about $38 billion in its most recent fiscal year. For more information, visit corporate.disney.go.com/. CERE11623