The €45bn Dutch metal industry scheme PME said it will improve its ESG policy by linking 10% of its assets directly to United Nations sustainability targets over the next five years.Together with the €382bn civil service scheme ABP and the €185bn healthcare pension fund PFZW, PME is the third large scheme in the Netherlands linking a substantial part of its investment portfolio to the UN’s 17 Sustainable Development Goals.Eric Uijen, PME’s chairman, emphasised that the scheme’s return target would remain the leading principle for its investment policy.“A proper return against manageable risks and acceptable costs will be required for all investments,” he said. Marcel Andringa, executive trustee for asset management, said that setting concrete goals was a big step in PME’s responsible investment policy. The sharpened focus on ESG applies to equity, bonds, property, and private equity, according to PME.The sector scheme indicated that it would in particular focus on energy transition, waste, affordable housing, and access to financing.Andringa estimated that PME had already invested 3% into assets linked to the UN goals, including renewable energy, green bonds, and forestry, as well as real estate and equities that apply specific sustainability criteria.Last month, the metal scheme announced that it would reduce its portfolio’s carbon emissions by 25% within five years.Responding to PME’s decision, its €67bn sister metal scheme PMT said it already used the UN’s Sustainable Development Goals as a guideline for its investments, but that it didn’t see added value in setting a quantative target.PMT added that it also focussed on energy transition, access to financing, and waste.As sustainable investment is still in its infancy, pension funds are co-operating over measuring the impact of such investments.PME is working together with, among others, pension managers PGGM and APG in a working group as part of a sustainability platform of supervisor De Nederlandsche Bank. The working group is developing uniform impact indicators.
Share Share 50 Views no discussions Tweet Sharing is caring! LifestyleRelationships Why Men Do Crazy (and Crazy Stupid!) Things. by: – July 7, 2011 Share How stupid were my friends and I, growing up in Lordship? It goes without saying that we were unsupervised (in the early ’60s, most parents—at least mine—expected their kids, once past the age of, say, 7, to disappear on nice Connecticut Saturdays, and not return until dinnertime), and in that unsupervised state, it fell to us to keep ourselves entertained. We always came up with something. And all of it fell into two categories: things that were stupid and things that would have been fine, had they not been done stupidly. We gloried in the brainlessness of both. We had such an appetite for the kinds of activity that would cause a parent to despair that my father ran out of ways of insulting us, and he was easily one of the most verbally inventive people I knew. He got tired of announcing that I had the brains of a squirrel, for example, and started substituting around in the animal kingdom, and beyond: an ant, a flatworm, a walking doorknob.Why can’t you entertain yourselves the way the normal kids do? he would plead, searching for just a glimmer of reason. And we were always contrite to have upset him so much. So for a few days we would. We’d play basketball, and everyone who wore glasses would come out of the games with pince-nez or monocles. We’d play tackle football and tear shirts into court-jester-like strips and rip the knees and seats out of pants, and when none of that or none of the bloody noses and sprained ankles generated any stir, we took to playing on the empty fields above our beach, Russian Beach, with one sideline the edge of the bluffs. That lasted until two of us, Milton Harrigan and myself, caught a runner on a sweep and slung him out of bounds high out over the brambles. I remember an involuntary sound of awe on all our parts, including the runner’s, as we realized just how much air he’d achieved before he experienced his Wile E. Coyote moment.Who’s “we”? Well, in my particular little pod there was probably a rotating group of six or seven kids, but three of the mainstays were my best friend and the bane of my father’s existence, Jimmy Swift; my brother, John; and his best friend and the other bane of my father’s existence, Kenny Swift. The Swifts and the Shepards were good friends, and Joanie, their mom, was hilarious and sharp-eyed and more or less at her wit’s end when it came to her boys. Bill, their dad, I remember as hardworking enough that most of his disciplining occurred long after my brother and I had to go home for the evening.My father was a worrier, and perhaps because of that he had an invincible need to believe that his sons weren’t psychotics; that the Swifts were the problematic influences. It wasn’t a bad theory—they almost always had better ideas than we did, in terms of the sheer inventiveness of the havoc—but adults always tended to overestimate the importance of the guy who came up with the idea. Sometimes you’d put forward a notion and everybody else would be more excited about it than you’d be, and they’d be the ones who made sure it happened.By Jim ShepardO, The Oprah Magazine
The India vs New Zealand clash is also in doubt due to rain.India vs Pakistan clash is also in danger.This was the third game affected by rain in ICC Cricket World Cup 2019. highlights New Delhi: When one talks about England, the weather cannot be far away. The United Kingdom is notorious for having many rainy days at any point in time, be it summer or winter. The ICC Cricket World Cup 2019, which is being held in England already had the spectre of the weather. It was expected that the weather will play a major part in the outcome of the games. Two weeks into the tournament, the rain has already resulted in the ICC Cricket World Cup 2019 is in the news for all the wrong reasons. The Bangladesh vs Sri Lanka clash at the County Ground in Bristol was the third match which was abandoned in this tournament due to rain.Before the Bangladesh vs Sri Lanka clash, the Pakistan vs Sri Lanka clash at the same venue as well as the South Africa vs West Indies encounter in Southampton was abandoned. While the toss took place between South Africa and West Indies and the match was declared a no-result, the other two games saw no toss and not a single ball was bowled. Following this washout, the ICC Cricket World Cup 2019 now holds this dubious record as this becomes the World Cup with the most abandoned games. For all the Latest Sports News News, ICC World Cup News, Download News Nation Android and iOS Mobile Apps. In previous editions, there have never been two abandoned games while there have been two editions that have resulted in no-result. The distinction between abandoned and no result is this. A no-result is when the toss takes place and some overs are bowled but the rain does not allow a full match to be completed. An abandoned is when the toss cannot happen and when a single ball is not bowled.There have been instances of two no-results in two previous editions of the World Cup in 1992 and 2003 respectively. In 1992, Sri Lanka and India’s clash in MacKay was abandoned after just one ball while the England vs Pakistan game in Adelaide was declared a no-result due to rain. In 2003, the Bangladesh vs West Indies clash in Benoni was affected by rain while the Zimbabwe vs Pakistan clash in Bulawayo was also a no-result.Reserve day for league games?There is a reserve day for the semi-finals and the final but there is no reserve day for the league games. Bangladesh coach Steve Rhodes expressed his frustration saying that “We put men on the moon, so why can’t we have a reserve day when actually this tournament is a long tournament. I know logistically it would have been a big headache for the tournament organisers. I know that it would have been difficult, but we have got quite a lot of time in between games, and if we have got to travel a day later, then so be it. The games are spread out. I would say that it’s disappointing for the crowd, as well. They have got tickets to see a game of cricket, and you know it would be up to them if they can get there the day after,” Rhodes said.However, ICC CEO Dave Richardson had said the logistics involved in organising the league stages is different. “Factoring in a reserve day for every match at the ICC Men’s Cricket World Cup would significantly increase the length of the tournament and practically would be extremely complex to deliver. It would impact pitch preparation, team recovery and travel days, accommodation and venue availability, tournament staffing, volunteer and match officials availability, broadcast logistics and very importantly the spectators who in some instances have travelled hours to be at the game. There is also no guarantee that the reserve day would be free from rain either. Up to 1200 people are on site to deliver a match and everything associated with it including getting it broadcast and a proportion of them are moving around the country so reserve days in the group stage would require a significant uplift in the number of staff,” Richardson said.The weather news for the upcoming league fixtures is also not good. The clash between India and New Zealand in Trent Bridge is also under a weather cloud while all-important India vs Pakistan clash is also in danger of being impacted by rain.
Tunisian referee Youssef Essrayri will referee Ghana’s 2019 Africa Cup of Nations opener against Benin on Tuesday.Essrayri officiated a Ghana match during the 2018 World Cup qualifiers, the 1-1 draw against Congo in Kumasi. The result effectively ended Ghana’s chances of qualifying for Russia. He will act as the center referee for the game and he will be assisted by his compatriot Yamen Malloulchi who will be the Assistant Referee One.Egyptian Ahmed Hossameldin Taha Ibrahim will be Assistant Two and his countryman Amin Mohamed Omar has been named as the fourth official.Manuel Irenio Lopes Nascimento from Guinea Bissau as the Match Commissioner. General Coordinator for the match is Titus Haimbili Kunamuene from Namibia.The match is scheduled to kick off at 8 pm at the Ismailia Stadium after African Champions Cameroon play Guinea Bissau earlier on Tuesday.
0Shares0000Sammy Nyongesa will be laid to rest on Friday at his farm in Nakuru’s Ngata area. Photo/COURTESYNAKURU, Kenya, Sep 6 – The requiem mass for former Harambee Stars assistant coach Sammy Nyongesa was held at the Afraha Stadium on Thursday ahead of his burial at Nakuru’s Ngata farm on Friday.Just as he spent most of his time on the pitch, fell in love there, the stadium was filled by players, fans, friends and relative to celebrate the life of the fallen sports scout who produced superstars in the world of football. Eulogizing her husband, Rose Atieno Nyongesa said she first met the former football player at Afraha Stadium 38years ago.“I had come to this ground to watch football and I was mesmerized by his tactics,” said the distraught widow.Sammy Nyongesa mentored many including his son Mike Barasa who played for Harambee Stars. Photo/COURTESYShe said what started as a congratulatory message to Nyongesa went on to be a lifelong friendship.“Besides being my husband and the father of my nine children, Nyongesa was a friend and a playmate,” she said.The former coach who died on August 24 at Nakuru War Memorial Hospital following a prolonged battle with prostate cancer has left behind a wife and nine children among the seven sons and two daughters.He will be remembered for his great contribution to football in the country.Nyongesa mentored many famous footballers including his own son, Mike Barasa who played for the national football team Harambee Stars.-By Wanjiru Macharia- 0Shares0000(Visited 1 times, 1 visits today)