APG, PGGM set out investment routes to UN development goals

first_imgThe intention was to “kickstart the conversation about a market standard for SDIs”, said Kruse.The managers of the €389bn Dutch civil service pension scheme ABP and €187bn healthcare scheme PFZW identified 13 investable SDGs, with two deemed not investable, and two deemed potentially investable. SDG #16, for example, which refers to “peace and justice, strong institutions”, was deemed not investable by APG and PGGM, as they said it was “not possible to contribute to this goal through investment activity”.However, within SDG #11 (“sustainable cities and communities”), for example, the investors identified potential areas of investment including “public transport, rail [infrastructure], transport sharing” and “traffic management systems, vision and sensor systems, airbags”.#*#*Show Fullscreen*#*# Dutch pension managers APG and PGGM say they have identified investment opportunities linked to 13 of the United Nations’ 17 Sustainable Development Goals (SDGs).The results of the research – which the investors have referred to as “taxonomies”, or classifications – demonstrated areas they consider potential “sustainable development investments” (SDIs), bridging the gap between the UN’s targets and tangible investment opportunities.Claudia Kruse, managing director for responsible investment and governance at APG Asset Management, told IPE the “taxonomies” were designed to provide “clear guidance on what type of investments qualify as SDIs”.“The taxonomy is by no means perfect yet,” she said. “A lot of work and thought has gone into it but what we are really hoping is that it is the start of an in-depth conversation between asset owners on how we can take this further as we gain more and more experience implementing this in our portfolio.” Source: APG, PGGMMore detailed guidance is under development but has not yet been published.Wider asset owner backingAPG and PGGM have shared the taxonomies and supporting guiding materials with several other institutions. Sweden’s four main buffer funds and Australia’s Construction and Building Unions Superannuation fund are said to have explicitly expressed their support.Kruse said APG and PGGM believed the guidance was the first to come from asset owners that are private market entities.Els Knoope, senior responsible investment and governance specialist at APG, said the intention was to share the work with external managers to encourage the development of investment opportunities meeting APG’s and PGGM’s standards.“We already see some proliferation of products being developed at the moment that maybe are not as close to what we intend, so we really hope that sharing this work and further developing it will help,” Knoope said.She also hinted that accountability to beneficiaries was a consideration fuelling the work on the taxonomies.“We want to speak the same language to ensure it’s as close as we can get to what our ultimate beneficiaries aim for with this approach,” she said.Kruse and Knoope both emphasised that a lot of judgement was involved in deciding whether an investment can be labelled an SDI. The work done by APG and PGGM could serve as a standard for guiding that judgement, they said.APG and PGGM had a commitment to invest in “solutions to sustainability challenges” before the launch of the SDGs at the end of 2015. At this time, ABP, APG’s main client, set a target of doubling its allocation to what were called then “high sustainability investments” by 2020, from €29bn to €58bn. Over the course of 2016 APG worked with PGGM, whose clients have also made commitments to sustainability investments, to align their definitions of these investments with the SDGs. In September 2016 they and other Dutch asset managers and the Swedish buffer funds published a statement setting out their commitment to invest in line with the SDGs.last_img read more

Gender Confusion – father gave birth, mum provided the sperm

first_imgMailOnline 25 August 2014A transgender couple are preparing to tell their children when they get get older that their father actually gave birth to them and the person that they call their mother is in fact their father.Bianca and Nick Bowser are a happily married couple and live in Kentucky with their two young sons.Nick, 27, was born a girl, called Nicole, but for the last seven years has lived as a man.Bianca, 32, who is a drag artist, was born as a boy called Jason, and transitioned to live as a woman 11 years ago.The transgender couple still have their original sex organs because they cannot afford reconstructive surgery.The cost of male to female surgery can range from £4,000 to £15,000, while female to male surgery can exceed £30,000.http://www.dailymail.co.uk/news/article-2721891/Transgender-couple-prepare-telling-children-father-actually-mother-vice-versa.htmllast_img read more

Syria war: Turkey lets refugees exit

first_imgTurkey’scommunications chief said the country had not received enough support inhosting millions of Syrian refugees. The incidentsparked fears of a major escalation involving Turkey and Syria’s military ally,Russia. ANKARA, Turkey–Groups of refugees and migrants are heading towards the EU after Turkey saidit would not abide by a deal to stop them reaching Europe. Its decisionfollowed a deadly attack on Turkish troops by Syrian government forces innorthern Syria.center_img Some migrants made their way to Greece’s Kastanies border crossing, but the Greeks already closed it. REUTERS Greece andBulgaria – which border Turkey – have sent reinforcements to prevent peopleentering. Greek police have been deterring attempts to cross the border withtear gas, reports say.(BBC)last_img

Football Friday Scoreboard-Week #6 (9-27)

first_imgOn Country 103.9 WRBI, The Batesville Bulldogs remain undefeated as they defeated The Lawrenceburg Tigers 34-7.On www.wrbiradio.com, The East Central Trojans score an impressive 66-7 victory over The South Dearborn Knights to improve to 2-4 on the season.Other WRBI Area Football Friday Scores.Greensburg  47     Franklin County  26Indian Creek  34     Milan  7Eastern Hancock  62     North Decatur  0Indy Park Tudor  19     South Decatur  7Rushville  39     Greenfield-Central  17Connersville  26     Jay County  14Jennings County  35     Bedford North Lawrence  6New Albany  35     Madison  7Union County  27     Cambridge City Lincoln  7last_img

Honda helps Hoosiers Feeding the Hungry ‘Meat the Need’

first_imgGreensburg, In. — Honda Manufacturing of Indiana recently awarded Hoosiers Feeding the Hungry a grant for $7,500 to be used to serve Indiana residents. These funds will help Hoosiers Feeding the Hungry pay processing fees for large game and livestock donations within Indiana. The processed meat will then be given to area hunger-relief agencies.Founded in 2011, Hoosiers Feeding the Hungry is asking area hunters and farmers to take their large game or livestock to a participating meat processor. The donation will be processed, packaged and frozen at no cost (plus, farmers may write off the fair market value on their taxes). Local hunger-relief agencies will be contacted for pick up and distribution of this nutritious protein back into the community. “We are very excited about our “Meat” the Need program, “said Debra Treesh, Executive Director of Hoosiers Feeding the Hungry, “and we’re pleased that Honda is continually willing to make an investment in our communities.”Lack of food does not only affect the homeless or unemployed. The economy may be showing signs of improvement but many hardworking Hoosiers are still living paycheck to paycheck, regularly having to choose between paying bills, obtaining medicine or buying groceries. In these homes, an unexpected bill of any sort (like a major car repair or medical bill) can throw an already tight budget into a downward spiral. According to Feeding America’s Map the Meal Gap, 31% of working Indiana residents who are food insecure do not qualify for food-assistance programs. These residents have to turn to charitable food assistance networks such as food banks, pantries, hunger ministries, etc… And the hardest commodity for food banks to obtain? Protein, a nutrient that is part of every cell in your body and vital to brain/body development.More than 300,000 Indiana children have no idea where their next meal is coming from…“The grant provided by Honda Manufacturing of Indiana will pay to process about 5,500 pounds of donated large game and livestock, which will then be distributed to area hunger-relief agencies – providing over 22,000 meals to residents in need within our communities,” said Treesh. In the last seven years, Hoosiers Feeding the Hungry has helped to distribute approximately 1.2 million pounds of meat to Indiana food banks, providing over 4.8 million meals to Hoosiers in need. “To date, we have 83 participating meat processors working within 85 counties in Indiana to aid us in our mission and to ensure residents in need are served,” shared Amber Zecca, Fund Development Director of Hoosiers Feeding the Hungry. “We’re proud to support “Meat” the Need,” said Emily Flanigan, Communications and Community Relations Lead. “Health & Safety is one of our four core areas of giving, and this program addresses food insecurity throughout Indiana. We’re happy to impact the lives of those who will receive the 22,000 meals provided by our grant funding.”On average, the cost of this donated meat is about $1.30 per pound, which is less than $.30 per meal! For more information about how you can help, please click here.last_img read more

Baseball Area Sectional Championship Scores (5-27)

first_imgBaseball Area Sectional Championship ScoresMonday  (5-27)Class 1A-Sectional 60 @ Jac-Cen-Del.Semi-Finals.Oldenburg Academy over Hauser 3-2.Rising Sun defeated South Decatur 8-0.Championship.Rising Sun wins over OA 6-0.Class 2A-Sectional 45 @ South Ripley.Championship.Austin victorious against Southwestern 2-1.Class 3A-Sectional 29 @ South Dearborn.Championship.The host Knights win big over Madison 16-1.Class 4A-Sectional 14 @ East Central.Championship.In The Battle of Columbus-East over North 5-3.last_img

David Silva joins Real Sociedad

first_imgRelatedPosts Gundogan tests positive for coronavirus David Silva recovers from COVID-19 David Silva tests positive for coronavirus Real Sociedad signed former Manchester City playmaker David Silva on a two-year contract Monday.The Basque Country club picked up Silva on a free transfer after his decade-long stint at City ended. Sociedad said the 34-year-old Spaniard will join the rest of the squad in the coming days for preseason training.Silva joined Man City since 2010, helping revamp the English club and turn it into a contender in European soccer.His last game with City was the 3-1 loss to Lyon in the quarterfinals of the Champions League on Saturday, when he came on as a late substitute.Tags: David SilvaMan CityReal Sociedadlast_img

Cricket News Aiden Markram, JP Duminy return for remaining ODI series against Sri Lanka

first_imghighlights New Delhi: The Proteas are currently up against Sri Lanka for a five-match ODI series in which the former has already taken an unassailable lead of 3-0 after winning by 71 runs in a rain-curtailed game in Durban on Sunday. For the last two ODIs, the South Africa team management has included the likes of Aiden Markram and JP Duminy in the squad. Markram comes into the side on the back of some superb performances in the domestic 50-over competition – with scores of 85, 139 and 169 for Titans, while Amla too find his place back in the side after being rested for the first three games.JP Duminy, who has been out of international cricket since October 2018, has recovered in time and even notched up a couple of half-centuries for Cape Cobras to test himself ahead of the world cup. “Experience is always a key factor in major tournaments such as the ICC Men’s World Cup,” said Linda Zondi, Cricket South Africa National Selection Panel Convener “It is great to see how well JP has regained his best form after being out of action for so long.”What has also been highly encouraging is to see how well the Proteas have played when they have returned to franchise cricket. It is important that they should dominate at this level and that their skills should rub off on our emerging talent. JP, Aiden, and Dwaine Pretorius have all made significant contributions to their franchises in recent matches. We will use the final two matches in the ODI series to continue to examine all the options that are available to us as far as the World Cup squad is concerned.” Reeza Hendricks and Wiaan Mulder, who has failed to impress in the first three games of the series, have been left out as South Africa scramble to find their best 15 with only two one-dayers to go ahead of the mega tournament. Squad for 4th and 5th ODI: Faf du Plessis, Hashim Amla, Quinton de Kock, JP Duminy, Imran Tahir, Aiden Markram, David Miller, Lungi Ngidi, Anrich Nortje, Andile Phehlukwayo, Dwaine Pretorius, Kagiso Rabada, Tabraiz Shamsi, Dale Steyn, Rassie van der Dussen. The fourth ODI between two sides is scheduled to be played on March 13. South Africa has already taken an unassailable lead of 3-0 in series. The likes Aiden Markram and JP Duminy are back in the squad.  For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps.last_img read more

The Latest: ATP starts fundraiser to help idled coaches

first_img Associated Press English soccer club Brighton is offering fans the chance to have cardboard cutouts of themselves in the stadium when the Premier League resumes.Games in the league will be closed to spectators for the remainder of the season because of the coronavirus pandemic.Five of Brighton’s nine remaining games are at home. The first is on June 20 against Arsenal.Fans need to send in a photo wearing a Brighton jersey and pay $25.___ Before arriving on campus, all athletes will undergo nasal swab testing for COVID-19. They will be tested again if they report symptoms, or if they’re believed to have contacted someone who tested positive. Athletes will be screened daily before entering athletic facilities, and athletes and staff will wear masks at all times other than during conditioning activities.___Orioles general manager Mike Elias is currently focused on this week’s Major League Baseball draft, but he expects to soon turn his attention toward getting the team ready to play again.In a conference call with media on Monday, Elias said he was “very confident we’re going to play.” The return of baseball would be a bright spot in a year marred by the coronavirus pandemic, which prevented the season from starting. Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___Want a tennis lesson from coaches who work with Serena Williams, Novak Djokovic, Rafael Nadal or Roger Federer? The Latest: ATP starts fundraiser to help idled coaches Juventus, AC Milan and Sassuolo are the only three clubs which have managed to resume training. Many of the clubs also have players who are still abroad.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports The effort is similar to one conducted at Darlington Raceway in May.“After seeing how impactful Darlington went, we quickly moved forward and scheduled our next event with Convoy of Hope in Martinsville,” Logano, chairman of his foundation, said in a release. The COVID-19 pandemic forced NASCAR to pause its season in March. The race at Martinsville will be the seventh since the series went back to racing without fans last month. ___The North Carolina High School Athletic Association will lift its dead period next week to allow for in-person workouts for prep athletes. The school did not reveal who tested positive or whether it was a player. Iowa says the school began testing May 29. Football players were cleared to begin voluntary workouts on Monday, mostly weight training and conditioning, in team facilities.Iowa says the person who tested positive will be isolated and quarantine will be prescribed for individuals who might have been exposed to that person.___The group that runs the U.S. Open tennis tournament is eliminating 110 national positions and reducing travel costs over the next few years to deal with the financial effects of the coronavirus pandemic.The U.S. Tennis Association also announced Monday that it will close its headquarters in White Plains, New York, and shift remaining staff to an as-yet-undetermined location in the state. Italy’s female soccer players are against the possibility of a playoff format to finish their season.A decision on whether and how the Serie A women’s league will resume is expected to be made during an Italian soccer federation meeting.One of the proposals is to have playoffs. That would involve half of the 12 Serie A teams.A statement by the Serie A women’s players says they are against it because “it doesn’t guarantee true fairness.”They say “we all go out on the field or no one does.” Serie A has been suspended since March 9 because of the coronavirus outbreak. It is scheduled to resume on June 20.The plans were approved by an 18-3 vote at an FIGC council meeting. Italian soccer clubs had asked for no champion or relegations unless mathematically certain.Playoffs are the preferred idea but an algorithm will be used to determine the final standings if matches cannot be held because of time restrictions or the worsening of the pandemic. But there will not be a champion if the algorithm is used.The top two men’s divisions are the only ones set to resume their regular seasons. The women’s Serie A will not restart.___ The organization announced Monday that it would allow limited workouts beginning June 15, though education agencies across the Southern U.S. state must also permit it at a local level.Restrictions for the first phase of return include having workouts of no longer than 90 minutes, with no more than 25 people at outdoor venues and no more than 10 in gymnasiums. They also require daily temperature checks and social distancing, along with instructing schools to keep the same groupings of athletes working together each time.Locker rooms and weight rooms remain closed for now. The restrictions include no shared use of athletic equipment. Guidelines for future phases will be developed and shared at a later date.___The Italian soccer federation has approved plans for a playoff or the use of an algorithm with no champion declared if the season is stopped again. The draft is Wednesday and Thursday and has been shortened to five rounds because of the pandemic. Baltimore has three picks in the top 39, including the second overall, as Elias hopes to rebuild a team that has lost more than 100 games in each of the past two seasons. — David Ginsburg in Baltimore___NASCAR fans won’t be allowed to attend when the Cup Series races at Martinsville Speedway on Wednesday night, but the sport’s impact will surely be felt by Henry County residents the next day.The Joey Logano Foundation, the NASCAR Foundation and Elevation Outreach are partnering to bring a Convoy of Hope to Martinsville with the goal of providing 40,000 pounds of food and supplies to approximately 1,000 families during a drive-thru distribution at NASCAR’s oldest track. June 8, 2020 Other budget-trimming moves include merging player development and facilities departments, and hosting only one in-person meeting per calendar year from 2021 to 2023.___Wisconsin is permitting the voluntary return of football and volleyball players for initial health assessments and COVID-19 testing this week to clear the way for them to begin voluntary strength and conditioning activities June 15.The men’s and women’s basketball teams will return later this month, followed by the men’s and women’s hockey teams.Strength and conditioning activities are being altered to reduce health risks. Each station will have sanitation supplies. The weight racks will be spaced out and will be used by only one individual per session. Conditioning sessions will take place outside unless poor weather prohibits it. Or how about from a former coach and player such as Ivan Lendl, Boris Becker or Goran Ivanisevic?Bidding is open from Monday through June 29 for a fundraising auction organized by the ATP and ATP Coach Programme to sell private coaching lessons.The money will be used to help tennis coaches who lost the chance to work while the tours have been suspended because of the coronavirus pandemic. Some donations will be given to a global COVID-19 relief fund.___Iowa announced that one person tested positive for COVID-19 out of 237 tests performed on athletes, coaches and athletic department staffers to prepare for the beginning of voluntary individual workouts.last_img read more

Jones, Kaiser leading resurgence for men’s golf program

first_imgThe Wisconsin men’s golf team doesn’t get a lot of acknowledgement on campus, let alone at the national level. Second-year head coach Jim Schuman said it best.“Being recognized nationally takes solid play,” Schuman said.The Badgers were far from solid play at the conclusion of the 2003-04 season. They finished last in the Big Ten tournament for the third-straight year, posting a 54-hole total of 897 — 21 shots out of 10th place.The good news for then first-year coach Schuman was that his golfers were all returning. Additionally, this year’s recruiting class looked to be as talented as Wisconsin has seen in recent years.The 2004 fall team did not disappoint. In the first tournament of the year, the Badgers finished tied for first in a field of 14 at the Michigan/Radrick Farms Invitational. Just one week later, UW won its second consecutive tournament by six shots over its nearest competitor.“They were a little bit more focused,” Schuman said. “I think the guys did a great job at identifying what their weaknesses were. We all love to sit there and work on what we’re great at, but you don’t get a whole lot better by doing that.”Earlier this spring, the Badgers continued their strong play with a fourth-place finish at the Lexus/Peter Jacobson Invitational and two dual-meet wins against Luther College and state rival Marquette.While the newfound accomplishments are encouraging, even more exciting is that much of the team’s recent success can be attributed to young golfers Garrett Jones and Jeff Kaiser. A sophomore and freshman, respectively, these two have shown early and often that they are the future of Wisconsin golf.Jones leads the team again this season. Last year, as a true freshman, he paced the Badgers in five of the final six meets and posted the team’s lowest 18-hole stroke average (74.1). This spring, he has continued his consistent play, leading the Badgers in four of their five meets, while lowering his average to 72.1.Schuman cites Jones’ work ethic as the main reason for the sophomore’s success.“Garrett is a hard worker,” Schuman said. “There’s nobody on the team that works harder than him. He’s gaining confidence in every tournament. You can just see him growing, and his play is showing that. He’s a great manager of the golf course and he has great patience out there.”For the second-straight year, UW has had a true freshman stand out. Before coming to Wisconsin, Kaiser was arguably the state’s top golfer as a senior at Onalaska High School. He finished tied for first at the WIAA state tournament with a two-day total of 143 (one under par).“He had a lot of national experience,” Schuman said of Kaiser’s high school resume. “He was playing against the best junior players in the country (in summer tournaments), and that tends to mature you pretty quickly as a golfer.”While Jones still garners top-golfer honors, Kaiser is the team’s emerging star. He currently has the second-best stroke average on the team, less than a shot higher than his sophomore teammate.According to his coach, Kaiser displays the attitude that is needed to be a successful golfer.“He knows how to manage his game, and he has that drive to win,” Schuman said. “He’s not swayed by the circumstances. He gets the good bounces and bad bounces just like anybody else, but he’s a very focused individual. Those are some of the things, at a young age, that you don’t see very often. He’s got a bright future here for sure, and he definitely has a future after his four years at the university.”Solid recruiting is essential in rebuilding and maintaining any college athletic program. While major revenue sports like basketball, football and hockey are at no disadvantage, there isn’t much extra incentive for a national golf prospect to sign with a school likely to have snow on the ground for more than three months of the year. In fact, 19 of Golf Week’s current top-20 Division I golf teams are from the South.Still, Schuman doesn’t see Wisconsin weather as a major obstacle. Instead, he focuses on what Wisconsin does have to offer.“The bottom line is this: whether you’re down south or not, you’re allowed to have the same amount of competition days as we are,” Schuman said. “We have the ability here at the university to sell just an unbelievable academic package. It rounds out with a great social life. Wisconsin is just a great place to be.”The men’s golf program is, without question, a team on the rise thanks in no small part to Coach Schuman. The coach remains confident but realistic.“You can call it a rebuilding of the program for sure, and [Kaiser] is a cornerstone in that rebuilding, he and Garrett Jones,” Schuman said. “We’re just very excited. It takes patience, it takes time. We’ve done some good things, but there’s a ways for us to go. We’ll continue to work hard and give it an effort that we can all be proud of.”last_img read more