Climate change: PKA chief urges business backing for €1.6trn investment push

first_imgA UBS office in ZurichHowever, it said they needed to better articulate how their business strategies were resilient to climate change. More than half of the 50 companies it engaged with did not detail the possible long-term impacts of global warming on their businesses, it said.The asset manager said the companies could also improve the availability of data on direct and indirect greenhouse gas emissions and the clarity of reduction targets. Just over half of the companies validated emissions data independently, and 12 had set “what they believe are science-based targets’.The asset manager also said the companies could “increase exposure to renewable energy”.UBS Asset Management launched its climate change engagement in September 2017, deciding to focus on energy and utility firms because power generation accounted for 42% of global greenhouse gas emissions.Taking stock of the initiative so far, the asset manager said collaboration with other shareholders and with senior company management was “fundamental to ensure a consistent message from the financial community and to support sustainable change”.UBS Asset Management led engagement with Equinor as part of its membership of Climate Action 100+, an initiative bringing together investors with more than $33trn (€26.7trn) in assets under management to try to drive change at large corporate greenhouse gas emitters. The Norwegian oil and gas company agreed to pursue a business strategy consistent with the Paris Climate Agreement. Candriam to offset asset management business’ carbon output Damgaard Jensen said: “The report clearly shows that if we do not deal with climate change, it will result in great costs both humanitarian and economic. It requires us to work together across governments, civil society and, not least, the private business community.”Damgaard Jensen – who has been appointed by Denmark’s Ministry of Foreign Affairs as the country’s representative in the Global Commission on Climate Change – said the private sector played a key role in the fight against climate change through supporting and financing the necessary restructuring. Governments alone could not solve the problem, he said.He cited examples of investment in green infrastructure and micro-loans for the world’s poorest farmers as ways the private sector could help those most affected by climate change.UBS urges better communication over climate changeUBS Asset Management has found energy and utility companies it engaged with on climate change to be responsive and “broadly producing positive disclosure”, according to an update on its climate change engagement work. The €36.8bn fund cited conclusions from a report from the Global Commission on Climate Change, which was produced with the co-operation of the fund’s chief executive Peter Damgaard Jensen (pictured).The report concluded that DKK12trn (€1.6trn) must be invested by 2030 to deal with some of the most pressing consequences of climate change. It also predicted that this investment could yield nearly DKK50trn in savings through more efficient communities and savings on prevented natural disasters and famines. Danish pension fund PKA has called for businesses to help finance the changes needed to tackle climate change. Candriam has cut by half the carbon footprint from its paper usageCandriam has announced plans to offset the carbon emissions from its asset management activities as part of a proactive corporate environmental strategy.The €125.3bn investment house has partnered with South Pole, a sustainable business consultancy, to explore ways to offset its estimated carbon output of 9,400 tonnes a year.In a statement, Candriam said it had been working to reduce the environmental impact of its operations for the past five years, through initiatives such as cutting the carbon dioxide emissions of its company vehicles and halving the carbon footprint of its paper consumption.“South Pole will invest in carbon offsetting projects such as reforestation, renewable energy and energy efficiency schemes on Candriam’s behalf,” the asset manager said.last_img read more


How abortion impacts mothers, families and our society – Study

first_imgIMFC 12 May 2014Executive SummaryThis paper examines research that is typically ignored about abortion’s effect on the family. The impact of abortion on marriage, sexuality, mental health and finally, family life in greater society are all considered. The paper reflects on the research through the story of Lee, one pro-choice woman for whom abortion had an unexpected effect as told in the book Giving Sorrow Words.The effects of abortion on the family and society are secondary effects. Yet there are indeed consequences that remain substantially underpublicized—to our great detriment. These include an increased likelihood of divorce or separation, marrying late or not at all, increased acceptance of rape and increased risks of poor mental health, among others. A meta-analysis published in the prestigious British Journal of Psychiatry showed an overall 81% greater risk of mental health problems for women who had an abortion compared with those who did not.It is not helpful to overstate negative ramifications of abortion. However, by far the bigger concern Canadians face today is the problem of pretending there are none.This paper aims to challenge the notion that abortion is an individual event, as presented in political mantras like “my body, my choice.” Abortion is hard on the woman, yes. However, an abortion is the result of relationship, regardless of how poor or short-lived. Therefore, examining the effects of abortion on family, relationships and our communities is important.Download PDF:     Interconnected: How abortion impacts mothers, families and our societyhttp://www.imfcanada.org/interconnectedlast_img read more


Arsenal handed FIFA fine over secret sell-on clauses for player transfers

first_img Promoted ContentFans Don’t Know What She Looks Like Now7 Universities In The World With The Highest Market Value7 Train Stations In The World You Wish To Stay At LongerBirds Enjoy Living In A Gallery Space Created For Them2020 Tattoo Trends: Here’s What You’ll See This Year10 Risky Jobs Some Women DoMind-Bending Technology That Was Predicted Before It Appeared6 Interesting Ways To Make Money With A DroneFantastic-Looking (and Probably Delicious) Bread ArtWho Earns More Than Ronaldo?6 Stunning Bridges You’ll Want To See With Your Own Eyes6 Incredibly Strange Facts About Hurricanes Arsenal have been fined by FIFA and warned about its conduct regarding player transfers. Loading… World football’s governing body have fined the Premier League club £34,000 and the Gunners have been warned that they could face harsher sanctions in the future However, sell-on clauses placed in their contracts were variable, meaning if either returned to clubs in the UK, Arsenal would receive a bigger fee. In Akpom’s case, Arsenal would receive 40 percent of the transfer fee if he moved to a British club, but only 30 percent if he went elsewhere. Frosinone would pay Arsenal 30 percent of any fee if Campbell was sold back to the UK, but only 25 percent if he went anywhere else. The discovery of the sell-on clauses has seen an investigation take place since January, having not been initially declared.Advertisement The FIFA disciplinary committee found Arsenal to be violating rules for entering into contracts that thus enabled it to influence other clubs, and also for failing to declare data in its Transfer Matching System. “The committee considers that, by the mere existence of these clauses, Frosinone and PAOK FC are influenced by Arsenal in employment and transfer-related matters,” FIFA disciplinary committee member Thomas Hollerer wrote in the verdict document on Thursday. “The committee considers that the relevant clauses undoubtedly grant Arsenal the ability to influence in employment and transfer-related matters the independence, policies and the performance of PAOK FC and Frosinone’s teams.” Hollerer added: “It is evident that in a scenario in which PAOK FC and/or Frosinone receive two similar and/or identical offers for the transfer of the relevant players, one being from a club in the United Kingdom and the other one coming from a club outside the United Kingdom, PAOK FC and Frosinone would be more inclined to accept the offer coming from the club outside the United Kingdom, as it would make the operation most profitable from a purely financial point of view.” read also:Saka to battle, Pepe, Xhaka For Arsenal Player Of The Month FIFA has also told Arsenal that FIFA that “should such infringements occur again in the future, the committee would be left with no other option than to impose harsher sanctions.” In their defence, Arsenal said that both the Premier League and the FA were satisfied there was no breach of third-party influence rules. FacebookTwitterWhatsAppEmail分享 last_img read more


‘Significant’ virus spread could thwart NBA restart: Silver

first_img Promoted ContentThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreBirds Enjoy Living In A Gallery Space Created For ThemEver Thought Of Sleeping Next To Celebs? This Guy Will Show YouCouples Who Celebrated Their Union In A Unique, Unforgettable Way8 Weird Facts About Coffee That Will Surprise You7 Worst Things To Do To Your Phone10 Risky Jobs Some Women Do9 Facts You Should Know Before Getting A Tattoo7 Ways To Understand Your Girlfriend Better10 Phones That Can Work For Weeks Without Recharging2020 Tattoo Trends: Here’s What You’ll See This YearTop 10 Iconic Personalities On TV Now Read Also: Maldini unsure over future at AC Milan “This should work,” he said. “But again, this virus has humbled many, so I am not going to express any higher level of confidence than we are following the protocols and we hope it works as we designed it.” FacebookTwitterWhatsAppEmail分享 NBA commissioner Adam Silver reiterated Tuesday that a “significant spread” of coronavirus could burst the league’s safety “bubble” and cause a second shutdown of the season. Silver said he fully expects some players who gather in Florida to resume the suspended season will test positive for coronavirus, especially as teams first arrive in Orlando from their home markets. But he said fresh outbreaks after players go through quarantine procedures could prove more damaging. “Certainly, if we had any sort of a significant spread at all within our campus, we would be shut down again,” Silver said at Fortune’s virtual Brainstorm Health conference. “It would be concerning if once (the players) sit through our quarantine period, and then were to test positive, we would know that, in essence, there’s a hole in our bubble.” The NBA halted play on March 11 after Utah Jazz center Rudy Gobert tested positive for the coronavirus. The season is set to resume on July 30 with 22 teams jockeying for a spot in the 16-team playoffs that start August 17. All games will be held at the ESPN Sports Complex at Walt Disney World in Orlando, where players will stay in a quarantine environment.Advertisement Loading… Coronavirus testing and contact tracing measures will be in place, which Silver hopes will make the campus safe for players and NBA personnel despite the rise in COVID-19 cases in Florida. “We can analyze the virus itself and try to track whether, if there’s more than one case, if it’s in essence the same virus, the same genetic variation of the virus that has passed from one player to another,” Silver said.last_img read more


Faye Ann Hoffmeier

first_imgFaye Ann (Wright) Hoffmeier, 89, of Dillsboro, Indiana, formerly of Aurora, Indiana, passed away Saturday September 19, 2020.She was born May 11, 1931 in Oxford, Ohio, daughter of the late Walter Wright and Hannah (Jacobs) Wright.Faye worked for H & R Block during tax season. She was a member of St. Mary’s Catholic Church. She proudly served on the Legion of Mary Committee for several years, making home visits to new mothers and other church members.Faye enjoyed baking and getting together with friends. She really enjoyed community events, such as church picnics, musical events, and art & craft events with her friends. She was very hospitable and loved having gatherings at her home. She loved to entertain, and her Memorial Day gathering was one of her favorites. Faye never met a stranger and she was a very loving & uplifting person to everyone she came into contact with. She was a faithful and loving person who will be greatly missed.Faye is survived by her daughter, Brenda Black of Guilford, IN; grandchildren, Jamie Black (Joel Braun) of North Royalton, OH, Bart Black of Aurora, IN and Kyle Black of Aurora, IN; great-grandchildren, Alex, Leni & Niki Doehrmann, and Joey & Jake Black.She was preceded in death by her parents; her loving husband, Francis V. “Blackie” Hoffmeier, brother, Bill Wright, sisters, Charlotte Brenner, Betty Kurtz and Bernice Wright.Friends will be received Thursday, September 24, 2020, 5:00 pm – 7:00 pm at the Rullman Hunger Funeral Home, 219 Mechanic Street, Aurora, IN.Services will be held at St. Mary’s Catholic Church, 203 Fourth Street, Aurora, Indiana on Friday at 10:00 am with Father Ben Syberg officiating.Interment will follow in the River View Cemetery, Aurora, Indiana.Contributions may be made to the St. Mary’s Church, St. Mary’s School or Alzheimer’s Association. If unable to attend services, please call the funeral home office at (812) 926-1450 and we will notify the family of your donation with a card.Due to the current situation dealing with COVID-19, we are following the directives from Governor Holcomb and the Centers for Disease Control and Prevention concerning large events and mass gatherings. The family deeply appreciates the support and love shown from friends, but the health and well being of everyone in our community is of top priority. We are asking everyone who will be in attendance to please remember the social distancing guidelines at all times, and the wearing of masks is highly recommended.Alternative ways to express your condolences can be done by going online at our website and leaving the family a message, sending a card, flowers, or making a donation in memory of their loved one.Visit: www.rullmans.comlast_img read more


Lazio go top of Serie A with Bologna win

first_imgRelatedPosts Italy introduces compulsory virus testing for travellers from France Nigeria records new COVID-19 infections, more deaths as figures rise to 57,242 I was in best of forms before Tokyo Paralympics was postponed — Powerlifter Ejike Lazio went top of Serie A with a 2-0 win over Bologna on Saturday in one of the five weekend top-flight matches which were unaffected by the coronavirus outbreak. Luis Alberto fired Lazio in front in the 18th minute and set up the second for Joaquin Correa three minutes later as the host extended their unbeaten Serie A run to 21 games. Bologna had two goals disallowed in the second half, one for handball and then one for offside following a VAR review. Lazio have 62 points from 26 games, two ahead of Juventus, whose match at home to third-placed Inter Milan on Sunday was one of five postponed because of the coronavirus outbreak. Serie A had initially announced that the five games would be played behind closed doors. However, it changed its mind earlier on Saturday because broadcasters, fans and the clubs did not want to play in empty stadiums. Lazio began confidently with Correa missing from close range in the second minute after weaving his way through the Bologna defence and Ciro Immobile, Serie A’s leading scorer with 27 goals, clipping the post. They went ahead when Immobile and Correa combined to set up Luis Alberto who scored with a low shot from the edge of the area. Luis Alberto then turned provider when he sliced open the Bologna defence to set up Correa who scored with a deflected shot. Lazio gave a surprisingly nervy second-half performance, though, and Stefano Denswil had the ball in the net for Bologna in the 52nd minute but the ball ricocheted off his arm and it was ruled out. Bologna defender Takehiro Tomiyasu then volleyed home but that was also chalked off for offside against Rodrigo Palacio in the build-up. Reuters/NAN.Tags: Coronavirusinter millanJoaquin CorreaLazioLuis ALbertoSerie Alast_img read more


ICC World Cup Pakistan eye freak result against confident Bangladesh for improbable semi-final spot

first_imgPakistan and Bangladesh are virtually out of 2019 World Cup. Two teams will look to end tournament on fifth spot. The encounter between two nations will take place at Lord’s in London. highlights New Delhi: With the race for semi-finals virtually over for Pakistan and Bangladesh, the two teams head for their last 2019 World Cup encounter at Lord’s in London to play for pride and end the tournament on high. For Pakistan, the journey has been full of ups and down. However, Bangladesh, on the other hand, have been able to impress with their consistent effort in the mega event.Pakistan’s resurgence in the World Cup looked eerily close to the 1992 Cup-winning edition before India’s loss to England dented their hopes of a semi-final spot and when New Zealand went down to the hosts last night, it was almost over for them.The road to the knockout stage for Sarfaraz Ahmed and his men is just an improbable mathematical calculation and that too provided Pakistan win the toss and bat first.If Pakistan lose the toss and are asked to field, their miniscule semi-final hopes will be over even before the first ball is bowled at the Lord’s.New Zealand finished their engagements at 11 points from nine matches after their 119-run loss to England but despite the massive defeat, the Kiwis are way ahead in terms of their net run-rate, which is +0.175, compared to Pakistan’s -0.792.Currently placed fifth with nine points from eight matches, Pakistan face the challenge of beating Bangladesh by 311 runs after posting 350 or by 316 runs after scoring 400, something which is practically impossible.Following their loss to arch-rivals India, Pakistan staged a remarkable comeback with wins over South Africa, New Zealand and Afghanistan, riding on some impressive performances by Babar Azam and Harris Sohail in the batting department.Left-arm pacer Shaheen Afridi’s five-wicket haul against New Zealand was also a big positive as it added firepower to their bowling led by Mohammad Amir.Bangladesh, on the other hand, will rue their missed chances and would hope to bring some cheer to their fans back home with a solid performance against Pakistan, a team they had defeated in the 1999 edition.Currently placed seventh, Bangladesh have been impressive in their wins against South Africa, Afghanistan and West Indies.They have shown the stomach for a fight even in losses and Mashrafe Mortaza and his men will hope for a good outing against Pakistan on Friday.Bangladesh have been too dependent on star all-rounder Shakib Al Hasan, who has become the only cricketer to score 500 runs and claim 10 wickets in World Cup history.Led by Shakib, Bangladesh have consistently crossed the 300-mark this World Cup but it is their bowling which has let them down, especially the lack of form of skipper Mortaza.Mustafizur Rahman’s variations, which fetched him five wickets, and Mohammad Saifuddin’s fifty helped them give India a scare in their last match and Bangladesh will hope for a stronger show against Pakistan.Interestingly, with Pakistan being the host for the game. Bangladesh team need to wear the ‘away jersey’.  Interestingly, the game will also see a few players from both sides playing their last World Cup game. The likes of Mohammad Hafeez, Shoaib Malik, Mashrafe Mortaza are few among many in the list and all will look to give their best.(With Inputs: PTI)center_img For all the Latest Sports News News, ICC World Cup News, Download News Nation Android and iOS Mobile Apps.last_img read more


Football News Indian Super League 2019: Odisha FC Beat Mumbai City FC For Maiden Win

first_imgMumbai: Odisha FC forward Aridane Santana scored a brace to guide his team to a 4-2 win over hosts Mumbai City in its maiden Indian Super League (ISL) in Mumbai on Thursday. This is Odisha’s first win of the season after they had lost 1-2 to Jamshedpur FC and 1-2 against NorthEast United FC 2-1. For Odisha, Xisco Hernandez (6th minute), Santana (21st and 73rd) and Jerry Mawhmingthanga (41st) were the goal scorers as they dominated the proceedings from the first minute itself. Odisha had an early chance after Santana found Jerry Mawhmingthanga on the right flank, who sent a low cross inside the box, but Mumbai’s Mohammed Rafique intercepted and cleared the ball before Nandhakumar Sekar could reach.  The visitors were playing an aggressive game and they reaped dividends in the 6th minute when Xisco Hernandez scored to take them 1-0 ahead. A thrown in by Jerry was headed-on by Santana in the path of Hernandez, who ran down from the right into the box, cut to his left and netted it into the far corner of the goal. There was no stopping Odisha as Santana doubled their lead in the 21st minute.   Jerry ran into the box on the right side and collected a long through-ball and sent a low cross to Santana, who took a right-footed first-time shot, which stuck into the bottom right-corner.Santana displayed such brilliance that Mumbai custodian Amrinder Singh did not even move. Mumbai had a chance in the 32nd minute, but Serge Kevyn’s close range shot went over the bar. And then Odisha added more agony as Jerry made it 3-0 for his side in the 41st minute.   Shubham Sarangi sent a diagonal cross to Nandhakumar on the left flank. Nandhakumar ran into the box and took a right-footed shot, which was controlled by Jerry on a rebound and then he found the back of the net.Also Read | Jamshedpur FC Register Consecutive Wins, Beat Hyderabad 3-1 In ISLAt the half-time, Odisha were 3-0 ahead. Five minutes after the half-time, Mumbai reduced the deficit and made it 1-0 after Mohamed Wael Larbi scored from a spot kick. Mumbai had close chances but were unable to convert. In the 73rd minute, Santana’s header sealed the match for the visitors. He headed a pin-point cross from Jerry from six yards out to restore a three goal advantage.  Mumbai pulled another one in the dying minutes of the match through Th Bipin Singh, but that was not enough as Odisha earned three points. For all the Latest Sports News News, Football News News, Download News Nation Android and iOS Mobile Apps.last_img read more


Women’s hockey: Badgers dominate Syracuse in a convincing weekend sweep

first_imgIn a stunningly lopsided pair of contests this past weekend, the No. 1 Wisconsin Badgers (17-1-0, 7-1-0 WCHA) defeated the Syracuse Orange (4-12-1, 4-3-0 CHA) at LaBahn Arena. Similar to Syracuse’s past out-of-conference games this season, the Orange were completely outmatched by the offensive output of their opponent.While Syracuse is certainly no stranger to out-of-conference losses this season, the Badgers truly opened the floodgates in Madison unlike anything else the Orange had faced all season. This performance was a unique spot within the Badgers season as well. Scoring a grand total of 15 goals through the two games, they eclipsed their previous best offensive production of 11 goals against the Mercyhurst Lakers.Yet the full picture of Wisconsin’s dominance is not confined by their season-best goal production, as the Badgers also allowed just two goals over the extent of the two-game series.The Wisconsin defense has only allowed two or fewer goals during a weekend series four other times this season. Furthermore, the Wisconsin defense yielded just 21 Syracuse shots over six full periods of hockey. Even with an extremely efficient shot to goal conversion rate, Syracuse would have been hard-pressed to keep up with the offensive prowess of the Badgers.A perfectionist’s craft: Wisconsin kickers detail their training regimen, how they deal with outside stigmaIt’s 8 a.m. on a Tuesday morning in the McClain Center, and Wisconsin football spring practice is underway. The defensive Read…Multiple members of the Badger squad contributed to the 15 aggregate goals attained over the weekend, as eight different players put the puck in the back of the net at least once. The most notable scorer for the Badgers was senior Emily Clark who netted a hat-trick in Saturday’s 9–1 victory.The general takeaway from this series is that, while the Badgers certainly put on a unique performance in terms of the sheer amount of goals they scored, it’s simply a continuation of what the Badgers have done all season. With the second most goals scored in the nation and the No. 4 ranked scoring offense, high levels of goal output have certainly not been absent from the Badgers’ season.Moving forward, however, look for the Badgers to continue to improve on the defensive side of the ice. In their last nine games, half of the total number the Badgers have played this season, their defense has allowed only seven goals. Compared to a 13-goal total for the first nine games of the season, the Badgers have made impressive strides to fill any defensive gaps which previously existed.last_img read more


Beat writers predict close game for Syracuse against No. 10 North Carolina

first_img Published on February 20, 2018 at 4:21 pm Syracuse (18-9, 7-7 Atlantic Coast) hosts No. 10 North Carolina (21-7, 10-5) on Wednesday night in the Carrier Dome. Syracuse enters the game following its 62-55 win at Miami. UNC has won each of its last five contests prior to the meeting in the Dome. Prior to Wednesday’s game Syracuse is without a win against a Top-10 opponent thus far this season, a feat it has accomplished each season since the 2004-05 season.Here is how our beat writers think the game plays out.Matthew Gutierrez (22-5)Sweet CarolineNorth Carolina 71, Syracuse 61Make no mistake: Syracuse could pull off the upset at home, which would go a long way toward fighting into the bracket. But the Tar Heels are rolling, coming off consecutive wins over Duke, North Carolina State, Notre Dame and Louisville (by 17). They are shooting the ball well, rebounding and playing scrappy defense. They can run with their bigs and crash glass, or they can go small and utilize the fast break to speed up the game. That’s potent. And it’s worth noting that all five of their starters are veterans with solid experience, either juniors or seniors.Sam Fortier (19-8)Carolina bluesNorth Carolina 79, Syracuse 74AdvertisementThis is placeholder textThe most fun part of this matchup will be UNC’s offense against Syracuse’s defense. Two of the best units in the country square off in a game that would be huge for the Orange to win but one it won’t be able to. SU won’t pull the upset because the Tar Heels are reloaded with another crop of thick, 6-foot-6 to 6-foot-8 athletic guys who can crash the offensive glass, where UNC ranks second this season in rebounding rate (38.9), per Kenpom.com. Roy Williams’ squad beefing up inside is as predictable as the 2-3 zone, and just the same as Boeheim’s signature scheme, it’s easier to talk about than to solve. In further intimidating optimistic Orange fans, Boeheim recently praised the Tar Heels’ size and aggression on the offensive boards. “They’re playing as well right now as they’ve played all year,” Boeheim said of UNC. OK, that’s good enough. I’m taking Carolina.Tomer Langer (18-9)Welcome to the ShowNorth Carolina 82, Syracuse 70This Orange team over the last few months has been tough to figure out. It dropped a game at Georgia Tech, a bottom-four team in the ACC, but then came back to win at Louisville. It struggled to put away a weak Wake Forest team in a win, dropped a game on its home floor to North Carolina State — a team that is ranked very closely to Syracuse per Kenpom — then it goes and beats a higher-rated Miami team on the road. So, anything is possible in this game. But UNC is part of a higher tier than any of those other teams and might be the hottest team in the country right now. Its bevy of scoring options is legit, and N.C. State already proved that a fantastic offense can find holes against the Orange’s typically solid defense. Syracuse’s defense is solid, but this feels like one of those games that even if SU does manage to get stops, UNC will end up with some second opportunities. Facebook Twitter Google+center_img Commentslast_img read more