Largest Dutch pension schemes commit to national climate agreement

first_imgWopke Hoekstra, the Dutch finance minister, described the agreement as “unique”, and said that foreign colleagues admired the fact that participation was voluntary but that implementation was binding. The scope of carbon emission reduction targets in the Dutch pension sector is set to widen after nine large Dutch pension funds, as well as asset managers, insurers and banks, signed up to the government’s national Climate Accord.“The signing of the agreement means broadening the current reduction goals,” said Gerard van Olphen, chairman of the Climate Accord finance task force and chief executive of the €500bn asset manager APG.“We wanted to be more than just onlookers,” he added. The agreement, in which financial institutions commit to adhering to the Climate Accord – based on the UN-brokered Paris Agreement – was signed by four industry organisations, as well as 45 other financial institutions in The Hague on Wednesday. Gerard van Olphen, CEO of APG and chair of the Climate Accord finance task forceThe Netherlands’ commitment to the Paris Agreement requires it to halve its emissions by half by 2030. “As a consequence, investors’ commitments are to apply to a much longer period, and to all other relevant asset classes besides just equity,” said Van Olphen. Most pension funds used a five year period for their carbon reduction target.The Dutch pension funds that have signed the domestic agreement have €800bn of assets between them, and include civil service scheme ABP, healthcare pension fund PFZW, the metal schemes PME and PMT as well as BpfBouw, the pension fund for the construction sector.APG and MN, the asset managers for ABP and the metal schemes, respectively, are also participants.As of 2020, signatories must report the carbon emissions associated with their holdings. They must make clear by 2022 how they will reduce emissions.An independent organisation is to monitor progress every five years.Implications unclearIt is not yet clear how tightening the reduction targets will affect pension funds.Marcel Andringa, executive trustee for asset management at PME, said the way emissions are measured needed to be harmonised.Another problem is that the Paris Agreement’s reduction target relates to 1990, whereas pension funds do not know these emissions, as no monitoring was taking place at the time.The signatories are to exchange their experiences in a forum chaired by Dutch supervisor De Nederlandsche Bank (DNB). The ‘Platform for Sustainable Financing’ is already developing a uniform method for measuring carbon emissions.Last year, more than 70 Dutch pension funds signed an international responsible investment covenant, known as IMVB in Dutch but Shaktie Rambaran Mishre, chair of the Dutch Pensions Federation, said there was hardly an overlap with the new commitment “as the IMVB covenant predominantly addressed social issues such as labour conditions”.last_img read more

Syracuse squeaks by Virginia in back-and-forth 5-setter

first_imgA hush fell over the Women’s Building as Gosia Wlaszczuk stepped up to the service line with Syracuse up 14-13 in the decisive fifth set against Virginia. The setter could finally end a game that had seen the Orange lose a first set tiebreaker, blow a two sets to one lead and force a tiebreak in the 5th.“It was a crazy (fourth) set but going into the fifth set you’re not losing,” Wlaszczuk said. “…this is not an option.”Wlaszczuk served the ball, watched the return come over the net and set up the winning kill for Syracuse outside hitter Monika Salkute.The Orange won its sixth five-set match of the season against UVA (13-6, 5-3 Atlantic Coast), three sets to two, for its sixth conference victory. The win moves Syracuse (15-4, 6-2) into a tie for third place in the ACC with Pittsburgh and behind Florida State and Louisville.Momentum shifted constantly throughout the contest. Syracuse found itself down 17-10 at in the first set, but found a way to climb back into the game during long rallies. The Orange tried to pass, set and kill the ball three times in one point alone to finally get the right ball to setter Silvi Uattara for a kill that put Syracuse within striking distance at 19-17.AdvertisementThis is placeholder textThe Orange won the second and third sets by 14 and seven points, respectively. The Syracuse frontcourt had the Cavaliers on their heels, registering 20 kills and four aces over the course of the two sets. Down 6-5 in the third set, Wlaszczuk went up for a kill, following a spike from outside hitter Nico Serratore, and tipped the ball over the UVA frontcourt.Each of the three defensive specialists manning the Cavalier backcourt were caught off guard by the change-up, and each of them dove for the ball and landed in a pileup as it hit the floor just inches in front of them.UVA forced a fifth set after regaining the speed of their middle attack and their frontcourt rhythm.“They made (an) adjustment,” said SU head coach Leonid Yelin, “and by the time we adjusted we had already lost the set.”The Cavaliers defense created opportunities for their offense to set up and finish 14 kills in the third set. UVA carried that momentum into the fifth set, battling to a 14-13 lead with Kayla Sears, the ACC leader in aces per set on serve.Cavalier setter Lauren Fuller shouted, “we’re within two points, lets end this,” as Sears came up to the line. Her serve went straight into the net.The Orange won the next two points to take the set 16-14, sealing a match once up in the air.“We have a really big match coming after this one,” Salkute said. “…and now other teams can see how we’re playing.” Comments Facebook Twitter Google+ Published on October 18, 2015 at 7:48 pm Contact Chris: [email protected]last_img read more

Another COVID-19 death in Franklin County reported

first_imgWorth2233.84 July/August case countCases before July 1New since July 1% since July 1 Cerro Gordo17 Wright3707717.22 Butler2 Franklin7715066.08 Butler97184.34 Hancock93178.81 Wright4473 Winnebago Kossuth791 Area Total30 Butler1151 Winnebago77 Cerro Gordo2672545.87 Worth155076.92 Franklin61 Franklin2277 Floyd91169.46 Floyd2 Wright1 Worth Worth654 RecoveredNew Recovered Cerro Gordo10248082.47 Kossuthcenter_img Cerro Gordo5825 Mitchell Hancock1181 Winnebago36246.75 Confirmed CasesNew Cases Winnebago265166.23 Mitchell67185.89 DES MOINES — For the second straight day, there’s been a COVID-19 related death reported in Franklin County. In the 24-hour period leading up to 11 o’clock this morning, the Iowa Department of Public Health’s website now reports six deaths in Franklin County attributed to coronavirus.The area’s death toll now stands at 30 — 17 in Cerro Gordo; six in Franklin; two each in Butler, Floyd and Hancock; and one in Wright.26 new cases of COVID-19 have been reported in our listening area in the same 24-hour period — seven in Franklin; five in Cerro Gordo; four in Worth; three in Wright; two in Floyd and Mitchell; and single cases in Butler, Hancock and Kossuth. That brings the area’s total number of identified cases since the start of the pandemic to 1919. 1108 of those cases have been reported since July 1st, or 57.7%.41 more people in the area have recovered — 25 in Cerro Gordo; six in Franklin; three in Wright; two in Winnebago; and single cases in Butler, Floyd, Hancock, Kossuth, and Mitchell — to bring the area’s total to 1262, or just under 66%.Looking at the statewide numbers in the same 24-hour period — eight more deaths have been reported for a total of 893; 508 more cases have been reported for a total of 46,490; 737 more people have recovered for a total of 34,660, or 74.5%. Butler476859.13 Area Total191926 Floyd1312 Mitchell294962.82 Total % Recovered Franklin153667.4 Hancock2 DeathsNew Hancock477160.17 Kossuth42153.16 Area Total811110857.73 Wright394388.14 Mitchell782 Kossuth324759.49 Floyd666549.61 Area Total12624165.76last_img read more

STAR PREVIEW Newcastle v Man City

first_img[dropcap]D[/dropcap]esperate times for the Toon Army and a desperate time for them to be facing a reinvigorated Man City who have been bouyed by Champions League success and an impressive 3-0 win over Chelsea in the league.Man City thumped Newcastle 6-1 at the Etihad and it could well be another tennis score tonight in the ‘second set’.Newcastle have much more at stake though it’s still not mathematically impossible for Man City to be crowned champions.A win for Newcastle would lift them level with Norwich in what has become an ‘any two of three’ scenario for the final relegation places.Villa are already down and it’s now take your pick from Norwich, Sunderland and Newcastle.Newcastle’s manager Rafael Benitez is hoping (optimistally) that Man City might have their mind on bigger targets. He said: “I think they have an eye on the Champions League and hopefully we can take advantage. In the back of your head you are thinking about a semi-final or a final and if you are going to get an injury. They are professionals and they will try to win but in the back of their mind they won’t want to miss a game through injury.”Newcastle will be without captain Fabricio Coloccini who remains sidelined by a calf injury.To make matters worse for Newcastle, Man City are re-united with both captain Vincent Kompany and forward Raheem Sterling who are both ready to return from injuries.Newcastle United v Man CityPremier League19:45 Sky Sports 1 / Sky Sports 1 HDHEAD TO HEAD RECORD(Maximum 10 matches)Oct 2015 PREMIER Man City 6 – 1 NewcastleFeb 2015 PREMIER Man City 5 – 0 NewcastleOct 2014 CAPITAL ONE CUP Man City 0 – 2 NewcastleAug 2014 PREMIER Newcastle 0 – 2 Man CityJan 2014 PREMIER Newcastle 0 – 2 Man CityOct 2013 CAPITAL ONE CUP Newcastle 0 – 2 Man CityAug 2013 PREMIER Man City 4 – 0 NewcastleMar 2013 PREMIER Man City 4 – 0 NewcastleDec 2012 PREMIER Newcastle 1 – 3 Man CityMay 2012 PREMIER Newcastle 0 – 2 Man CityMan City / Man City can be backed at around 5/4 on the Star Sports HT/FT market and I can see no other option.RECOMMENDED BETS (scale of 1-100 points)BACK MAN CITY / MAN CITY 12 points at 5/4 with Star SportsMonday: -12.00 pointsWhat’s your view? CALL STAR SPORTS 08000 521 321last_img read more