ESG roundup: French association addresses presidential candidates

first_imgThere are 11 officially recognised presidential candidates. The five leaders are: Marine Le Pen (Front National), Emmanuel Macron (En Marche!), François Fillon (Republican party), Benoît Hamon (Socialist party), and Jean-Luc Mélanchon (La France Insoumise movement, communist-backed).  Antibiotics engagement updateA $2trn investor coalition has published a report showing how 10 large restaurant companies have been responding to its calls for them to help reduce the use of medically important antibiotics by large meat and poultry producers.The findings include that 70% of companies have now adopted either a comprehensive or partial policy to prohibit use in poultry, up from 50% in March 2016. In addition, 80% of companies report they are now actively engaging with suppliers to monitor antibiotic usage.However, none of the companies surveyed had developed fully comprehensive, publicly available antibiotics policies to cover their entire livestock supply chain.Richard Keery, investment manager at Strathclyde Pension Fund, said: “There is a growing public focus on rising levels of antibiotic resistance and the risks it poses to public health systems and ultimately to portfolio value. Antibiotic resistance is gaining traction as an important investment risk factor and the investor engagement is to be commended for ensuring this message is heard loud and clear in the restaurant sector. “The pension funds and asset managers in the investor coalition will be watching closely to see what further reductions in antibiotic use can be made in this sector and beyond.”G20 climate change commitmentStephanie Pfeifer, CEO of the Institutional Investors Group on Climate Change (IIGCC), has commented in response to reports that Germany and other G20 countries “faced pressure to weaken the G20’s established commitment to climate action” from the US.Pfeifer said the IIGCC has “made plain” that it expects the G20 to “provide unequivocal leadership on action to curb climate risk”.“Failure by the G20 finance ministers meeting in Germany this weekend to back ambitious levels of climate action will only escalate systemic risks to the global economy and to the stability of financial markets, as [Financial Stability Board] chair Mark Carney has made clear,” she said.The G20 communiqué did refer to a commitment to phase out “inefficient” fossil fuel subsidies.ESG in the alternatives industryIf there was any doubt that interest in responsible investing is on the rise, another survey has demonstrated its increasing appeal, this time within the alternative investment industry.The Massachusetts-headquartered Chartered Alternative Investment Analyst (CAIA) Association and Adveq, a global institutional private equity investor, found that “responsible investing, including the incorporation of environmental, social, and governance (ESG) factors and ethical principles, is growing in importance in the alternative investment management industry, driven by ethical principles, constituent demands, and new business opportunities”.Adoption of industry standards (71%), pressure from institutional investors (67%), and positive investment return outcomes (64%) were identified by respondents as the largest drivers of greater adoption of responsible investing and ESG approaches, according to a statement about the survey.“Responsible investing seems to be at a tipping point right now. It is garnering increased interest and momentum, which will likely accelerate in the years to come,” said William Kelly, chief executive officer at CAIA. “To support this demand, a more institutional infrastructure is needed including common standards, increased information, and education.” More about the survey can be found here.BlackRock launches Green bond index fundBlackRock has launched a green bond index fund, citing “growing demand from investors for this fast-growing part of the fixed income market”. The fund aims to deliver investment performance reflecting the total return of the Bloomberg Barclays MSCI Global Green Bond Index.Ashley Schulten, head of climate solutions for fixed income and co-manager of the fund, said: “We see a strong interest in green bonds from clients we service as they seek to participate in climate friendly and environmentally beneficial investments without making major changes to sector allocation or liquidity risk in their holdings. Clients interested vary from large institutional clients to family offices and retail investors.” The French responsible investment association (FIR) has written to the country’s presidential candidates to ask them to set out their vision for responsible investment.The association has asked them three questions concerning:the role they would like the financial sector to play in implementing a sustainable economy;the measures they intend to take to encourage responsible finance, where investment decisions take into account environmental and social risks and opportunities; andthe incentives they envisage for individuals’ savings to be channelled towards an economy that “resolutely” addresses the challenge of sustainable developmentThe open letter (in French) can be found here.last_img read more

Bay Denesse Restoration Project Underway

first_imgDucks Unlimited is working to restore 2,550 acres of coastal marsh approximately 2.5 miles northeast of Buras, Louisiana. The project will combine coastal restoration techniques of marsh terraces and crevasses to optimize sediment capture from the Mississippi River.Wetlands adjacent to the Mississippi River have suffered extensive deterioration over the past century.Historically, the Mississippi River had many distributary channels that connected nutrient and sediment rich waters of the river with marshes of the Barataria and Breton Sound Basins. The river also overtopped its banks during flood events, which helped nourish the surrounding marshes with sediment.Due to flood control and navigation needs, federal efforts to contain the river with levees were initiated in the late 1800s and continue to this day.The containment of the river, coupled with other sources of wetland loss (i.e., subsidence, shoreline erosion, salt water intrusion, etc.), have had detrimental impacts to the marshes flanking the river.This project area is located south of the Mississippi River flood control levee system and is still hydrologically connected to the river. Thus, it is an ideal location to enhance river water distribution to create wetlands.This project will restore and enhance 2,550 acres by converting open water into various habitat types, including mud/sand flats, shallow water ponds, aquatic vegetation beds, and emergent marsh.It will also nourish existing marshes within the project area.last_img read more

UN opens probe into alleged child sexual exploitation in Haiti

first_img Share Share Sharing is caring! NewsRegional UN opens probe into alleged child sexual exploitation in Haiti by: – January 24, 2012 9 Views   no discussionscenter_img Share Tweet Map of Haiti. Photo credit: merriam-webster.comNEW YORK, USA — The United Nations announced on Monday that it is investigating two cases of sexual exploitation of children allegedly committed by its police personnel in Haiti.The first case involves UN Police (UNPOL) officers based in the capital, Port-au-Prince, while the second case involves one or more members of the Formed Police Unit (FPU) in Gonaives, UN spokesperson Martin Nesirky told reporters in New York. “The United Nations is outraged by these allegations and takes its responsibility to deal with them extremely seriously,” stated Nesirky. He added that the police contributing countries concerned have been informed. However, unlike cases involving UN military personnel, investigations into allegations involving UN police personnel fall under the responsibility of the UN. For this reason, a UN team was dispatched to Haiti on Saturday to investigate the allegations. The UN Stabilization Mission in Haiti (MINUSTAH) stated in a news release that an investigation was immediately opened after the allegations were made. In addition, the UN Police Commissioner relieved the two suspects of their duties as a precaution to prevent them from having any contact with the population and to prevent any attempts to interfere with the investigation.“I want to reiterate my commitment to uphold the policy of zero tolerance of abuse by the staff of the Mission” said Mariano Fernández, the Secretary-General’s Special Representative and head of MINUSTAH. “Each member of the UN personnel, whether he or she is a civilian, member of the military or police, must observe a standard of exemplary conduct. This is a commitment that is required when joining the United Nations, anywhere in the world. We will continue to take the strictest measures to ensure, where appropriate, that the perpetrators of such acts are punished with the utmost severity,” he added.The UN has a strategy in place to assist victims of exploitation and sexual abuse. In Haiti, MINUSTAH implements it in coordination with other UN agencies and national stakeholders. This mechanism is meant to guarantee that the victims receive medical and psychological support as fast as possible.Caribbean News Nowlast_img read more

Arrest made in city tree torching

first_imgGLENDALE – Police on Wednesday said they arrested “the Grinch” who set fire to a 30-foot Christmas tree in a plaza behind City Hall because he was burned up about a parking ticket. Bruce Morrison, 52, of Glendale allegedly used an accelerant to set fire to the city’s Christmas tree Friday. The tree, which had been imported from the Pacific Northwest, had to be removed after limbs, electrical fixtures and decorations were destroyed. Glendale police Sgt. Tom Lorenz said city workers spend a lot of time each year decorating the tree. AD Quality Auto 360p 720p 1080p Top articles1/5READ MORECoach Doc Rivers a “fan” from way back of Jazz’s Jordan Clarkson “They know it’s a symbol of happiness and fun and (the) joyful season, and for somebody to come and burn the symbol down, he’s obviously the Glendale Grinch,” Lorenz said. A witness saw Morrison run away from the burning tree and described the blue pickup truck he used to flee the area, police said. When information on the arson attack was later broadcast to police units, an officer thought the vehicle description sounded like a truck she had recently left a parking ticket on while it was parked in a red zone near City Hall. The owner was traced through the license plate information the officer took down and Morrison was arrested Wednesday. He was booked on suspicion of arson and was being held in lieu of $50,000 bail. City Councilman Ara Najarian was the master of ceremonies when the Christmas tree was lit with electric lights in early December. His two young sons flipped the switch to light the tree. “It was a very large tree, it was nicely decorated and it was the focal point … of our Christmas celebrations for the city,” Najarian said. “You couldn’t miss it.” The damage to the decorations and lighting on the tree are estimated at more than $4,000, but the value of the tree itself was not available Wednesday. The parking ticket would have cost Morrison about $45. “Unfortunately, he got a parking ticket, he was upset with the city,” Lorenz said. “Why he would be upset with the city because he parked in a red zone nobody knows.” Alex Dobuzinskis, (818) 546-3304 [email protected] 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

COMPETITION: Win a break away to a country weekend like no other!

first_imgJackson’s Hotel in Ballybofey is proud to present a country music weekend like no other, and we have a wonderful prize to give away!The Charity Country Music Weekend is set to be a fantastic event for all the family with live country music, the first ever north-west jiving championship, a charity dance and a family dance that includes a kids’ jiving competition!Donegal Daily is delighted to offer two nights bed and full Irish breakfast at Jackson’s Hotel plus admission to the country weekend!How can you win? Check out our Facebook page and like and share the post to enter! (CLICK HERE TO ENTER)   Friday 17th sees the first ever North-West Jiving Championship with music by Paul MaCahill and David James. Saturday Night’s Charity Dance is in aid of Hugh’s House Dublin and Premature Babies, with music by David James and Robbie Cunningham.Finally, Sunday from 5pm sees the kids Jiving Competition with music by David James to finish the weekend off. Hugh’s House is a fantastic charity providing accommodation 365 days a year to the families of children who are long-term in-patients of Temple Street, Holles Street and Rotunda Hospitals. The house is run by a dedicated team of caring and compassionate volunteers and supporters who offer families support and care in their hour of need. Visit to learn more.For more information about the weekend or to book call Jackson’s Hotel on (074) 9131021 or Marty on (083) 4688 492Visit: www.jacksonshotel.ieCOMPETITION: Win a break away to a country weekend like no other! was last modified: November 10th, 2017 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:competitionJackson’s Hotellast_img read more