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​Industriens reshapes largest bond mandate into €1.2bn ESG fund

first_imgDanish labour-market pension fund Industriens Pension has reworked its largest bond mandate, a DKK8.9bn (€1.2bn) global fixed income investment grade portfolio managed by PIMCO, turning it into a sustainable bond fund with more than a tenth of assets in green bonds.The DKK174bn pension fund said that after discussions with the US bonds giant about how the existing mandate could been given an ESG profile, the money is now being transferred into a new tailored global investment grade bond portfolio.The new investment mandate is built on bonds from companies that make a special contribution to one or more of the UN’s 17 sustainable development goals, the pension fund said.Anders Ellegaard, bond manager at Industriens Pension, said: “Sustainability and solid, long-term returns often go together very well if the investments are handled by a skilled manager.” Industriens Pension, which caters for Denmark’s industrial sector, said CO2 emissions related to the portfolio managed by Allianz subsidiary PIMCO would only be around 50% of those associated with the mandate’s benchmark, with around DKK1bn of the fund being earmarked for green bonds.PIMCO is to use a wide range of data from different sources to score investee companies’ environmental impact, social responsibility and governance culture, with only qualifying firms being selected for investment, the pension fund said.Industriens Pension also said it planned to continue increasing its green investments over the next few years, adding that it had invested over DKK10bn in green energy and firms with renewable energy at the centre of their business strategies by the end of last year.At the beginning of April, the pension fund announced it was blacklisting all firms whose business models centred around tar sands extraction, implementing a decision it originally made in December.To read the digital edition of IPE’s latest magazine click here.last_img read more

MMT Begins Aquind Interconnector Survey

first_imgMMT has started an offshore geophysical survey for the Aquind Interconnector project. The works will involve a geophysical survey of the proposed cable corridor between the landfall areas near Portsmouth in England and near Dieppe in France.MMT will utilize two vessels, M/V Franklin for offshore works and M/V Seabeam for nearshore works.Aquind, MMT and their representatives maintain ongoing contact with UK and French fisheries, which may be affected by the survey, in order to mitigate any potential impact on their fishing activities, MMT explained.The survey results will inform Aquind’s final route selection and support planning applications to the UK and French authorities. Aquind and its advisors are liaising with relevant consent granting bodies in both countries to ensure that the survey scope complies with applicable standards.Stefan Eliasson, MMTs CEO, said: “We are delighted to have the opportunity to support the Aquind Interconnector project work and look forward working with the Aquind team to deliver a successful marine survey campaign along the proposed cable corridor.”Kirill Glukhovskoy, Aquind managing director added: “MMT is one of the leading specialists in the marine surveying solutions with extended experience in working in the English Channel. We are looking forward to fruitful cooperation on the Aquind cable survey in the coming months”last_img read more

Brgy. Sto. Niño Sur lockdown lifted

first_img* 48-year-old male (Patient No. 66) Mayor Jerry Treñas said the three-day period was enough to trace and test all the close contacts of the six barangay residents who tested positive for coronavirus disease 2019 (COVID-19). As of May 8, Iloilo City has 15 confirmed cases of COVID-19, data from the DOH Region 6 showed. COVID-19 is the infectious disease caused by the most recently discovered coronavirus. This new virus and disease were unknown before the outbreak began in Wuhan, China in December 2019./PN With the lockdown lifted, Barangay Sto. Niño Sur is back to its extended enhanced community quarantine status just like the rest of Iloilo City. The six confirmed COVID-19 cases in Barangay Sto. Niño Sur – all under quarantine – were the following: The mayor said he sent 10,000 pieces of facemasks to Barangay Sto. Niño for use of the people there. * 57-year-old female (Patient No. 79) * 48-year-old female (Patient No. 80) Residents may now be able to leave their homes but only for necessary undertakings such as buying food or medicines, or if there is a medical emergency – but they must show a quarantine pass, must wear facemask, and observe social distancing, stressed Treñas. During the lockdown, disinfection was also conducted in the barangay which has some 10,000 residents. Also, four have recovered while one died.center_img * 46-year-old male (region’s Patient No. 88) Of the 15, two are confined in hospitals while eight are under quarantine (either at home or at the city’s quarantine facility). Treñas decided not to extend the lockdown after a meeting with medical experts from the Department of Health (DOH) Region 6 on Thursday afternoon. * 55-year-old female (Patient No. 73) “Barangay residents with symptoms would immediately be tested, then moved to the city’s quarantine center if their test results turn out positive,” said Treñas. ILOILO City – The 72-hour “extreme enhanced community quarantine” imposed on Barangay Sto. Niño Sur, Arevalo district beginning May 6 ended at 11:59 p.m. on May 8. But all the barangay residents’ health would be continuously monitored, stressed Treñas, for symptoms of COVID-12. The most common symptoms of COVID-19 are fever, tiredness, and dry cough. * 43- year-old female (Patient No. 78) Some patients may have aches and pains, nasal congestion, runny nose, sore throat or diarrhea. These symptoms are usually mild and begin gradually. Some people become infected but don’t develop any symptoms and don’t feel unwell.last_img read more

String Of Thefts Prompt Police To Warn Switzerland Co. Residents

first_imgSWITZERLAND COUNTY, Ind. – State Police are warning residents to keep their home and car doors locked after a recent series of thefts in the Five Points area of western Switzerland County.Deputies say a car and pickup truck was stolen from Little Doe Run on September 20. The car was driven into a fire pit and the truck was apparently taken for a joy ride and was left at the end of the driveway with front end damage.Later the same day, police say a suspect or suspects attempted to break into a home on Vineyard Road but was unsuccessful.On September 22, several items were stolen from a home on Little Doe Run.Police urge residents to keep their homes and vehicles secure and report any suspicious activity to the Indiana State Police or Switzerland County Sheriff’s Department.last_img read more

Arsenal camp in disarray after ‘player tested positive for coronavirus

first_img Promoted ContentPortuguese Street Artist Creates Hyper-Realistic 3D GraffitiBirds Enjoy Living In A Gallery Space Created For Them8 Superfoods For Growing Hair Back And Stimulating Its GrowthWho Earns More Than Ronaldo?14 Hilarious Comics Made By Women You Need To Follow Right Now7 Universities In The World Where Education Costs Too Much7 Black Hole Facts That Will Change Your View Of The UniverseWho Is The Most Powerful Woman On Earth?5 Of The World’s Most Unique Theme ParksThis Guy Photoshopped Himself Into Celeb Pics And It’s Hysterical7 Non-Obvious Things That Damage Your PhoneSome Impressive And Almost Shocking Robots That Exist According to The Athletic, two other people “came in close contact” to the infected individual. That meant, going by the government guidance, the player would have to self-isolate for seven days. But the two individuals who had been in contact with the player would have to quarantine for 14 days. The club reportedly held their own testing for the unnamed star and both came back negative, therefore believing the first test was a ‘false positive’. But “the in-house process is not approved by the Premier League” meaning that the Gunners had to wait for the next round of official testing. That came just two days before Arsenal’s game against Manchester City – and the player provided a negative test for infection.Advertisement Arsenal preparations for the resumption of the Premier League season were reportedly thrown into chaos when one player tested positive for coronavirus. The three players missed a total of four days training during the process, only returning for sessions the day before the City game. And it is being reported that the trio all featured in the 3-0 defeat to Pep Guardiola’s title-chasers. Boss Mikel Arteta tested positive for coronavirus back in March following the postponement of the Manchester City game. That put the whole first-team squad, coaches and support staff into isolation. The 37-year-old revealed he started to feel unwell shortly after his side’s Europa League game with Olympiacos. The Greek club’s owner, Evangelos Marinakis, later tested positive for the killer bug – sparking a panic amongst a host of clubs, including Nottingham Forest. After that, Arteta revealed everything happened “very quickly” and it took a while for him to fully recover having tested positive for Covid-19. Arteta admitted to feeling “unwell for three or four days” and admitted it all “happened very fast”. FacebookTwitterWhatsAppEmail分享 Loading… last_img read more

Engebregtsen tops Luxemburg SportMods

first_imgVince Engebregtsen was the Friday Karl Chevrolet Northern SportMod winner at Luxemburg Speed­way. ( Scott OwenLUXEMBURG, Wis. (May 26) – Luxemburg Speedway saluted veterans on Friday night and Vince Engebregtsen rocketed to the Karl Chevrolet Northern SportMod feature win.Brandon Kaye led the opening five laps before Engebregtsen went to the high line to take the lead on lap six.  Fourteenth starting Randy LeMieux Jr. made a late race charge for the lead but Engebregtsen would not be denied victory.Troy DeGrave came home third after starting 12th.Shawn Kilgore and Rod Snellenberger won the IMCA Modified and IMCA Sunoco Stock Car main events, respectively. Brody Rivest was the Mach-1 Sport Compact winner.last_img read more

Pasighat ready to host 18th State Level Tadar Tang Football Tournament

first_imgA CorrespondentItanagar: Preparations are nearing completion for conducting the 18th State Level Tadar Tang football tournament at Pasighat in East Siang district from December 28 next.The state’s top football tourney, which had been scheduled to be held from 15 to 23 December, had to be postponed in view of the protests in Assam over the amended Citizenship Act.Fourteen teams would vie for the top honour during the nine-day tournament, the final of which would be played on January 5 next year.East Siang District Football Association (DFA) is organizing the tournament under the aegis of the Arunachal Pradesh Football Association.The matches would be held at two grounds – the Pasighat indoor stadium and the College of Horticulture & Forestry ground informed DFA secretary Tayon Dai and coordinator Moken Loyi.Food, accommodation and security arrangement for the players have been made with the help of the district administration.“Besides the district administration and the sports department, three MLAs of the district are providing logistic support to us for smooth conduct of the tournament,” they said.The inaugural match would be played between East Siang and Lower Subansiri at the indoor stadium, the organizer informed.Also Read: All India Football Federation (AIFF) invites clubs for Futsal ChampionshipAlso Watch: Public meeting on Protection of the indigenous communities held in Tinsukialast_img read more

Windies A sweep Sri Lanka series

first_img(ESPNCricinfo) – A maiden List A century from Kyle Hope and a strong all-round effort from Rovman Powell studded West Indies A’s 109-run victory over Sri Lanka A in Kurunegela. The win gave the visitors a 2-0 lead in the three-match series.Hope hit four sixes and ten fours in his 110-ball 107, sharing century stands with Chadwick Walton for the first wicket and Assad Fudadin for the second. Walton scored a 57-ball 70 in an opening stand of 111 in 18.1 overs. Fudadin was slower, with a 70-ball 57, but Hope’s acceleration meant the second-wicket partnership put on 109 in 17.1 overs. That partnership ended with the wicket of Hope, but West Indies A still had a strong platform, with 220 for 2 in the 36th over.Powell made full use of that base, hitting six sixes and two fours en route to 52 off 22 balls. West Indies added 113 runs in the last ten overs to set a target of 348.The Sri Lankan openers, Sandun Weerakkody and Danushka Gunathilaka, fell for 0 and 1 respectively to leave the side at 10 for 2. Shehan Jayasuriya, who had led the bowling effort with 4 for 54, did his best to resurrect the batting with a 113-ball 119. He and Charith Asalanka added 88 for the third wicket, before a run-out ended the partnership. Thereafter, a steady stream of wickets deflated Sri Lanka A’s chase with Powell claiming 3 for 43. Sri Lanka A were finally bowled out for 238 in 42.1 overs.The final match between the two sides will be held in Colombo on October 30.last_img read more

Third annual Greek Week strives to bring different councils together

first_imgDespite attempting to unify the many Greek councils, the third annual Greek Week, which wraps up today, received mixed reviews from council leadership.All five Greek councils were invited to participate in the weeklong event, which included an all-Row Monday Night Dinner and a new member luau on Wednesday for all new Greeks, both of which had as many as 300 students participate.The right notes · Members of Alpha Phi sing on the lawn of Gamma Phi Beta during Thursday’s Karaoke Night, a part of Greek Week, which aimed to involve all councils. – Ian Elston | Daily Trojan“Increased participation is an overall goal,” said Laura Redfern, vice president of communications for the Panhellenic Council. “We want to expand our diversity and include multiple Greek councils.”Redfern said that interaction between the councils in the last few years has been limited to the Panhellenic and Intrafraternity Councils. This year, however, both IFC and Panhellenic are actively attempting to boost cooperation with other non-Row councils through events such as Greek Week.“We as a council have made a concentrated effort to reach out to other Greek councils to make sure they felt included and invited and are coming out to the events,” IFC president Nick Hamada said.Francis Sandoval, president of the Multicultural Greek Council, said the council had looked forward to Greek Week as a way to get more involved in USC Greek life and raise awareness about the importance of other councils.In the end, however, Sandoval said she was disappointed with the number of MGC members that turned out.But she said she thought all the councils, not just IFC and Panhellenic, should be involved in planning Greek Week in order to increase attendance across councils.“I think because MGC is not involved in the planning for [Greek Week], the members of MGC are not as encouraged to attend,” she said.Taren Fujimoto, a senior majoring in print journalism and a member of Delta Phi Kappa, an Asian Greek Council sorority, said the AGC also only had limited involvement in Greek Week.“As far as the Asian sororities and fraternities are concerned, they aren’t that involved with Greek Week. They kind of see it as an IFC and Panhellenic thing,” Fujimoto said.Fujimoto said the only outreach she noticed from the other councils was a Facebook invitation to Greek Week events.One council, however, did see Greek Week as a unifying experience.Samantha Castro, president of the InterGreek Council, said Greek Week was a great way for IGC to become more involved with other Greeks.“Before this year, there was a huge distance between us and the rest of the Greek system, and we are trying to unify that gap,” Castro said. “I think we’ve taken a lot of good steps forward.”This year’s Greek Week also included a new all-Greek Service Day on Tuesday, in addition to other regularly scheduled activities. The philanthropic event, which was initiated by IFC and Panhellenic, had members of the Greek community lead students in making 2,500 sandwiches that were donated to the Los Angeles Mission, a non-profit organization that distributes food to downtown’s Skid Row.“A big part of Greek life is service in the community … so we wanted to make sure that it was a part of Greek week this year,” said Hamada.Redfern added that Panhellenic plans to hold all-Greek service days each semester in order to better focus on building a culture of philanthropy and interfraternalism between all Greek councils.Sandoval said she wants to be involved in planning the All-Greek Service Day. She said that although there has typically been a divide between the fraternities and sororities on the Row, and though Greek Week did not fully succeed in bridging that divide, she wants to continue to work to meld the various councils.“I think that we do want to work with the other councils,” Sandoval said. “Before everyone was kind of on their own and independent, but now I think we need to work together to improve the Greek community.”last_img read more

Kennedy advocates for mental health legislation

first_imgFollow us on Twitter @dailytrojan Former Rep. Patrick J. Kennedy visited the Saks Institute for Mental Health Law, Policy, and Ethics at the USC Gould School of Law on Monday to join with USC Gould Professor Elyn Saks, USC law student Evan Langinger and USC psychiatry resident Michelle Wu to engage in a discussion panel on mental illness. The audience included many prominent members of local mental illness reform advocacy groups.Speaking out · Former Congressman Patrick Kennedy discusses his history with bipolar disorder during a panel at USC Gould School of Law. – Ralf Cheung | Daily TrojanA former Rhode Island representive, Kennedy opened the event by describing his past with mental illness. Kennedy, who was accused of driving under the influence of prescription drugs in 2006, was diagnosed with bipolar disorder and an addiction to alcohol and prescription drugs while at a drug rehabilitation facility.Kennedy came to the event as a mental health advocate. He told of his efforts in Congress that resulted in the Mental Health Parity and Addiction Equity Act, a 2008 bill that requires most health insurance companies to afford mental illnesses with the same amount of coverage with which they treat physical illnesses.Kennedy originally became involved with the Saks Institute for personal reasons.“Elyn is a personal friend and someone I admire greatly. In the community of mental health she is one of our brightest stars because she has taken on the most difficult issue related to mental illness and that is the destigmatization of [mental illness],” Kennedy said.Kennedy said he came to USC with the intention of bringing awareness to the community about mental illnesses and helping begin the discussion about acceptance for those who are mentally ill. Many students who attended the panel were eager to hear about possible changes to mental illness legislation.“I’m all for the elimination of the mental health taboo. I believe that ignoring those with mental health issues has put a burden on families and societies who try to help those with ailments without proper medical resources,” Chasen Washington, an undecided freshman, said. “People deserve to have their problems addressed.”At the panel, Kennedy, Langinger and Wu gave personal testimonies of their own struggles dealing with various mental illnesses, such as bipolar disorder and depression. Kennedy also spoke about how the Mental Health Parity and Addition Equity Act was the first step in healthcare reform that America needed.“That’s our healthcare [system] today, it’s sick care not health care,” he said.According to Kennedy, society as a whole needs to address the broader attitudinal barriers toward mental illnesses.“[Society] treats [them] as moral issues not medical issues, character issues not chemical issues … we need to begin to end the discrimination,” he said.Langinger, a third-year law student at USC, told his story of dealing with bipolar disorder while attending University of California, Berkeley. He spoke of the various phases of bipolar disorder, and how he eventually developed psychosis. Laginger said that the community around him essentially saw him as “another Berkeley hippie” and that it wasn’t until he flew back home for no apparent reason that his mental illness came to light.Michelle Wu, a psychiatry resident at USC, also shared her story of dealing with depression while she was a student at Northwestern University. Wu spoke of how she went days without showering.“I went from the star of the school to barely scraping by,” Wu said. “I [would wake up] and be disappointed that I didn’t die during the night.”She was eventually diagnosed with depression after going to a psychiatrist, and is now healthy.Many students spoke about having people close to them who were affected by mental illnesses.“The number of people I know who are affected by depression is definitely higher than it should be and watching them go through it is a painful process. Reform would be greatly appreciated,” Lucia Lin, a freshman majoring in East Asian languages and cultures, said.The testimonies of Wu and Langinger encouraged many students in the audience to share their own personal stories about battling various mental illnesses at the panel.Kennedy’s speech was well received by attendees, many of whom indicated their approval on the topic with several loud, lengthy applause breaks. Some audience members voiced their thanks to Kennedy for being an advocate of mental illnesses.“Most people disregard mental illness as an actual disease and treat the inflicted people as anomalies instead of patients to be treated,” Jessie Guo, a freshman majoring in biochemistry, said. “The healthcare for mental illnesses is often quite shoddy and needs to be improved. I’m glad Patrick Kennedy, a politician, addressed the issue.”last_img read more

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