​EU green pensions regulation is moving too fast, says Leppäla

first_img“For pension funds, we have just recently had the new IORP II directive, which has very far-reaching requirements in ESG issues in governance risk management – and also in allowing pension funds to take ESG into account in their investments,” Leppäla said in a video panel discussion.“We would like to see how that actually works before the regulation is taken further,” the CEO said.However, Leppäla said he thought the renewed strategy would go forward and said there was a great need for it, moving as it did from the original environmental objectives towards social objectives as well as the issue of whether there should be a “brown taxonomy” as well as a green taxonomy.“Brown taxonomy” describes a report on the provisions required for extending the requirements of the EU Taxonomy Regulation to activities that do significantly harm environmental sustainability.PensionEurope did have many concerns about this particular element of the strategy, Leppäla said.“If you start blacklisting sectors and companies, increasingly you make the transformation to more environmentally-friendly or social enterprises more difficult,” he added.Investors could make a bigger difference in contributing to the green transition by investing in companies changing their emissions levels rather than divesting, he said.Looking for IPE’s latest magazine? Read the digital edition here. Matti Leppäla, chief executive officer of PensionsEurope, said he was worried that EU regulation around responsible investment for pension funds was moving too fast without first allowing time to see how rules works in practice.The leader of the cross-European pensions industry association told the IPE Summer Pensions Congress 2020 this morning: “One concern is that this is moving so rapidly, this regulatory framework and policies.”Leppäla said PensionsEurope was submitting its response today to the European Commission’s consultation on its renewed sustainable finance strategy – which builds on the 2018 action plan on financing sustainable growth, and is meant to provide a roadmap for increasing private investment in green projects.That consultation closes today.last_img read more

INDOT Forces One Lane Traffic On I-74 Thursday

first_imgIndiana Department of Transportation is closing the right lane of westbound Interstate 74 approaching the 154 mile marker. INDOT maintenance crews are setting barrels and placing signs east of Batesville this afternoon to route traffic around a section of failed pavement. Single-lane traffic will be maintained for approximately half a mile in the westbound left lane.Plans are being made at this time for scheduling emergency repairs at the I-74 site where a slab of concrete pavement has dropped several inches below grade. Meanwhile, lane restrictions will continue until repairs can be finalized.last_img read more

Bicentennial Torch unveiled in Ripley County

first_imgVersailles, Ind — Around 11 a.m. Monday Ripley County Commissioners, a handful of residents and torchbearers, Jerry Wilson and Edward Gindley unveiled the torch mounted in the entry way of the Ripley County Courthouse Annex building.Wilson and Gindley described their legs of the torch run and said it was an honor to be involved in the historic event. Last September the torch run covered 57 miles through communities around the county.Torches used throughout the state were designed by a team of Purdue engineering students, staff and faculty. The torch is made of aluminum, weighs about five pounds. During the September event, the torch was fueled by Indiana E-85 ethanol during the relay.last_img read more

Allegiance Corporations, JD Carn ICT Guyana Inc. shooting with Rawle Toney/Mackeson 3X3 Classic

first_imgALLEGIANCE Corporations and JD Carn ICT Guyana Inc. are the latest entities to align themselves with this weekend’s Rawle Toney/Mackeson 3X3 Classic, which will be played at the Burnham Basketball Court. The tournament starts from 18:00 hrs each day. Yesterday, at the 704 Sports Bar, Allegiance Cooperation made a monetary donation of an undisclosed sum, while JD Carn ICT Guyana Inc. presented their company-branded jerseys which will be worn in the finals of the tournament that will see the winner pocketing $300,000.Company secretary of Allegiance Corporations Inc., Rhonda Roberts, pointed out that the company is relatively new on the market and as such, the tournament provides a perfect platform for them to announce their Marketing and Communication services to Guyana.Roberts said along with the other Director of the company, Jamal Shamsudeen, sports is seen as an important part of their core values and they were more than happy to support.Ocey Phillips, country manager of JD Carn ICT Guyana Inc. told the media the Trinidad and Tobago-based company, which recently set up shop in Guyana, is known for being sports oriented and this also is their first major event being on board as sponsors.JD Carn’s business is the delivery of telecommunications and ICT services, using workflows built upon solid project and quality management foundations and which save time and money.Incorporated in 2014, the company’s main areas of focus are in Outside Plant (OSP), engineering and construction services (Telecommunication) and installation services.Meanwhile, organiser Rawle Toney said the he was overwhelmed at the support shown and promised that the two-day tournament will deliver as promised.  Apart from the lavish first-place prize, the second and third place teams will go home with $100,000 and $50,000 respectively.The Guyana Amateur Basketball Federation (GABF) will also host their National 3-point shoot-out on the final day of the tournament when the winner will go home with $25,000 and bragging rights for a year.FireSide Grill ‘n’ Chill, one of the sponsors of the tournament, will give $1,000 to every player who makes a four-point play from the ‘Fire Shot’ spot.Ansa McAl, under their Mackeson brand and the Guyana Lottery Company’s Let’s Bet Sports, are the tournament’s main sponsors, which also includes ‘STUFF’, Slingerz Family Entertainment, the National Sports Commission (NSC) and Trophy Stall.last_img read more

Farah wishes he had known earlier that Salazar faced ban

first_imgLONDON (Reuters) – Olympic champion Mo Farah said on Thursday he would have been “the first one out” had he known that his former coach Alberto Salazar faced a ban from athletics for doping violations.American Salazar stopped coaching Farah, double Olympic champion at both 5,000 and 10,000 metres, in 2017 when the runner decided to move back to England from the United States.The Briton had said at the time that the doping investigation was not the reason they parted ways.“Had I had known the news, what Salazar did, it’s taken four years, had I known that sooner I would have been the first one out,” the athlete, who has never failed a drugs test and not being accused of any wrongdoing, told the BBC.“That’s the bit that’s kind of annoying, I wish I’d known quicker.”Salazar has denied wrongdoing and has appealed against his four-year ban.Farah announced in November that he was returning to the track to chase more gold in the 10,000m at this year’s Tokyo Olympics.last_img read more

Moise Kean Close to Everton Switch

first_imgEverton are closing in on a deal to sign Juventus forward Moise Kean.The Italian, 19, has been linked with a move to Goodison Park for up to £36m, with manager Marco Silva reportedly wanting five new players before the transfer deadline on 8 August.Kean has scored eight times in 21 games for Juve, who he joined aged 10, and has two goals in three Italy matches. Everton’s record signing is midfielder Gylfi Sigurdsson, who arrived from Swansea for £45m in 2017.The Toffees have sold midfielder Idrissa Gueye to Paris St-Germain for about £30m, as well as winger Ademola Lookman to RB Leipzig for £16m.Silva has made three signings so far this summer.Andre Gomes has made his move from Barcelona permanent for over £22m, fellow midfielder Fabian Delph has joined from Manchester City for up to £10m and goalkeeper Jonas Lossl has also arrived.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Alpena Community College Brainstorms on Safety Methods Following Ohio State Attack

first_imgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisLast week was another week of campus violence. Concerned, Alpena’s very own, Alpena Community College is taking steps to improve their own security.It’s been almost a week since another campus experienced tragedy. Last week, Ohio State was under chaos when one student decided to run over students and then attack them with a knife.Concerned about the future of college safety, Alpena Community College has started their own planning to protect its students in case of a campus attack.President, of ACC, Dr. Don MacMaster said worrying about his students is always on his mind. Just like Ohio State, MacMaster said the college does have a plan in case of an emergency using the hide, run, and fight method.A day after the State incident, ACC staff along with the board had their very own training using the Critical Incident Management Handbook.He added that his staff has been trained to point out behavior changes in their students.There are over 7 buildings on ACC’s campus. MacMaster said he hopes to get key swipes, more security cameras, and a possible police officer on duty in the future.But with all those wants and desires comes challenges and a balancing act.  AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThis Tags: ACC, alpena, alpena community college, Campus Safety, Campus Violence, Ohio StateContinue ReadingPrevious Over 10 Private Planes Fly Into Alpena for Operation Good CheerNext Presque Isle Holds Annual Christmas at the Lighthouselast_img read more

Hotel Transylvania 2 at Wellington Regent Theater

first_imgThis week at the Regent Theater: Hotel Transylvania 2 (see trailer below)School’s out Friday matinee today at 2 p.m.: Disney’s Hocus Pocus.Schedule: Friday, 7 p.m. Saturday and Sunday, 2 and 7 p.m.Rated: PG Time: 1 hour 29 minutes.Movie Synopsis: The hit CG-animated family comedy Hotel Transylvania gets a follow-up with this Sony Pictures Animation production.Rotten Tomatoes rating (movie critics collective approval ratings): 51%. Audience review: 73% approval.Coming soon: Rocky Horror Picture Show.Follow us on Twitter. Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. There are no comments posted yet. Be the first one! Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new commentslast_img read more

Uganda destroys Zimbabawe to edge closer to African netball title

first_imgShare on: WhatsApp Uganda earlier confirmed their title credentials with victory over the top ranked team in the competition Malawi Queens (ranked 6th in the world)  by 66 to 43 baskets on Monday. Uganda is ranked 13th,  Zimbabwe 16th and Zambia 15th in the world.Meanwhile, Uganda President Yoweri Museveni has given the She Cranes and the U-20 netball teams a sh96 million boost.Team       P  W  D  L   PTS     GOAL AVUganda      4   4   3   3     8           268Malawi      4    3   0    1    6           213Zambia      4   2   0    2    4           216Zimbabwe 4   2   0    2    4           205Botswana  4   1   0    4    2Namibia    4   0   0    4    0Uganda team:Lilian Ajio (Goal Defender), Stella Nafuka (Goal Keeper), Wycline Natwentwa (Wide Defender), Betty Kiiza (Centre), Halima Nakachwa (Wide Attacker), Stella Oyella (Goal Attacker) and Peace Proscovia (Goal Shooter). Action as Uganda beat Zimbabawe today. The result below.WEDNESDAYUganda ?? 61  Zimbabwe 45 ??Botswana  57   Namibia   38Malawi      51    Zambia     45THURSDAYUganda ??   vs Zambia 6pmBotswana vs Malawi     4pmNamibia vs Zimbabwe  2pmResultsDay 1Uganda 72 def Botswana 29(20-7, 42-14, 57-22, 72-29)Day 2Malawi 55 def Zimbabwe 45(17-9, 28-21, ..-.., 55-45)Uganda 69 def Nambia 31(15-11, 38-15, 56-24, 69-31)Zambia 57 def Botswana 42Day 3Uganda 66 def Malawi 43(13-11, 27-22, 48-29, 66-43)Zimbabwe 56 def Botswana 37Zambia 56 def Nambia 46Day 4Malawi 64 def Nambia 35(17-10, 35-19, 48-31, 64-35)Zimbabwe 59 def Zambia 58(19-11, 30-29, 44-45, 59-58Uganda’s She Cranes destroyed reigning champions Zimbabawe Gems 61-45 baskets to take a four point lead with one game to go in the Africa Netball Championships at Lugogo today.The She Cranes remain the only undefeated side at the six-nation African championships, and a victory Thursday in their final game against Zambia will give them the title.Malawi Queens showed why they are Africa’s top ranked team by controlling the game and beating Zambia to keep themselves in the running for the title. The game was marred by a power cut in the 2nd quarter, but that did not unnerve Malawi.Malawi led quarter one 12-09, 2nd quarter  13-12, third 39-34 before sealing it 51-45.A victory for Malawi in their final game Thursday, and defeat for Uganda, will leave the top two teams tied at 8 points. Uganda’s superior goal average however  should see them crowned African champions on Thursday afternoon, as they would have to lose by as much as 50 baskets to be denied.last_img read more

Wenger ‘amazed’ at speculation over Arsenal future

first_img“My position is my position. Honestly, that’s the last worry I have at the moment. My worry is to focus, to get the team ready for tomorrow’s game.”The Frenchman defended the performance of his players at Wembley, where several were labelled as “spineless” and a “disgrace” by match commentator Neville as they were shown walking when out of possession.“You can always get out pictures from a game that justifies what you think, you find in every single game, on both sides, moments where a player doesn’t track,” he said.“After you have to analyse why, has he made two runs before to go in behind and was exhausted, or did he not track because he didn’t want to? That is different.“I believe we have to live with that criticism and respond together like we always do.“We didn’t play against a poor team in the semi-final, we played against Chelsea and we have shown that we can fight. You have to acknowledge as well that Man City are a quality team.”Wenger’s hopes of avenging the Wembley defeat have been further hit by the announcement that Nacho Monreal will miss the game through injury.The 32-year-old defender had been one of Arsenal’s better performers this season before a back injury forced him off less than half an hour into Sunday’s final.Share on: WhatsApp London, United Kingdom | AFP | Arsene Wenger on Wednesday said he was “amazed” at fresh speculation over his future as he prepares his team to face Manchester City just days after Arsenal’s League Cup final humiliation against Pep Guardiola’s men.The Frenchman has come under sustained fire since an abject display in Sunday’s 3-0 hammering at Wembley but must now lift his team to take on the Premier League leaders on Thursday.Arsenal’s season is threatening to unravel — they are 10 points behind fourth-placed Tottenham Hotspur in the Premier League table and look set to miss out on Champions League football for a second consecutive year.They are out of the FA Cup and will face Italian giants AC Milan in the last 16 of the Europa League, which is their only remaining chance of winning a trophy this season.Arsenal’s limp display led to stinging criticism from former Manchester United and England defender Gary Neville as well as former Gunners Ian Wright and Thierry Henry.But Wenger, speaking at his pre-match press conference, responded with apparent shock when asked if the result meant his long tenure was now under increased threat.“I am just amazed that I have to always answer things that are exactly the same,” said the 68-year-old.“I am here for 21 years, I turned the whole world down to respect my contracts. So I am still amazed that I still have to answer these types of questions.last_img read more