Formed in 1989 out of an unprecedented partnership among some of America's largest socially responsible institutional investors and environmental groups, CERES (Coalition for Environmentally Responsible Economies) has pioneered an innovative, practical approach to advancing corporate accountability through public reporting and stakeholder engagement. CERES works with organizations (a) to endorse the CERES Principles, a ten-point code of environmental conduct, including continuous environmental improvement and public accountability for environmental impact; (b) to engage in global social and environmental reporting; and c) to assess and disclose their financial exposure to the costs of climate change.