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John,

The season of gratitude is upon us when we start to think about all the things we are thankful for. As I reflect on everything that has happened this year, I realize that I am most grateful for YOU.

You believe in our mission. You believe in our model of transforming the economy to build a just and sustainable world. You have stood with us and lent your voice to push for accelerated carbon emissions reduction.

A panel of images of the stock market, skyscrapers, a wheat field, US Capitol Building, a wind turbine, smokestacks, and a desk with documents. There are various text over lays that read as follows: Engaged with 90 federal agencies to identify and manage climate risk as a systematic financial risk. So far, these agencies have taken 230 actions. Worked with 59% of Ceres Company Network members to set reduction targets for their impacts on water and natural resources, and 80% to implement human rights policies for their workforce. Mobilized the crucial
business and investor community support that helped pass the Inflation Reduction Act--the most ambitious piece of climate legislation in our nation's history. Helped pass 23 clean energy, energy efficiency & transportation policies in 17 states across the nation. Secured AgWater Challenge commitments from 11 major food and ag companies to protect freshwater in their supply chains that will help protect 1.2 million acres of farmland over the next decade. Developed an ambitious plan for reducing worldwide carbon emissions over the next 10 years--Ceres Ambition 2030. Finished the 2022 proxy season with a record-breaking 110 climate-related commitments resulting from 236 climate-related
resolutions filed at North American companies.

John, the above is just a small sampling of our collective impact. Thank you. I hope you’ll learn more about the action your partnership makes possible. With your support we will stabilize the climate, protect water and natural resources, build a just and inclusive economy, and accelerate sustainable capital markets.

With much appreciation,

Bolaji Olagbegi
Senior Associate, Electric Power
Ceres

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