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Alecta, APG among appointees to EC sustainable finance expert group

By on September 29, 2020

first_imgAn executive each from Alecta, Sweden’s largest occupational pension provider, and major Dutch pension investor APG are among the 20 individuals the European Commission has appointed to its “high-level expert group” on sustainable finance.The establishment of the group was announced in September, when Commission president Jean-Claude Juncker unveiled plans to “accelerate” implementation of the Capital Markets Union project.The group’s task is to come up with recommendations for “a comprehensive EU strategy on sustainable finance as part of the Capital Markets Union”.It is to do this by the end of 2017, with an interim report to be produced in the summer. The Commission will take the recommendations into account when deciding “how to integrate sustainability considerations” into EU financial sector rules to, for example, channel private capital towards sustainable, green and climate-related finance.European Commissioner Valdis Dombrovskis said the group’s members “will help us hardwire sustainability into EU financial policy”.More than 100 “eligible” applications were submitted from civil society, business and finance and other non-public sector institutions, according to the Commission.It said that it selected 20 “highly qualified” candidates on the basis of their personal expertise, their contribution to work relevant to sustainable finance, and “the prominence of their affiliation in this area”.It said that it also sought to “ensure a geographical and gender balance” in the group.Pension investors are most directly represented in the form of Magnus Billing, chief executive of Sweden’s Alecta, and Claudia Kruse, managing director, global responsible investment and governance at APG Asset Management, which has €380bn Dutch civil service pension scheme ABP as its client.There are 12 representatives from what the Commission calls the finance stakeholder group, comprising stock exchanges, a bank, insurers, rating/data and analytics companies, and other asset managers.There are six members identified as from civil society groups, and two from academia/research. Michael Schmidt, board member of Deka Investment, and Philippe Zaouati, CEO of Mirova, are the other asset manager members of the group, while Steve Waygood, chief responsible investment officer at Aviva Investors, and Christian Thiamann, group head of regulation, sustainability and insurance foresight at AXA, are down as insurer representatives.Thiamann, who served as vice-chair of the Financial Stability Board (FSB) Task Force on Climate Related Financial Disclosures (TCFD), has been named chair of the expert group.Several European and international institutions have been invited as observers to the expert group, such as the European Investment Bank and the Nordic Investment Bank, and the European Systemic Risk Board. The other members of the expert group are:Julie Becker, member of executive committee, Luxembourg Stock ExchangePascal Canfin, CEO, WWF France,Stan Dupre, CEO, 2° Investment InitiativePaul Fisher, senior associate, University of CambridgeMieczyslaw Groszek, vice president, Polish Banks AssociationDavid Harris, head of sustainable business and director of ESG, London Stock Exchange GroupIngrid Holmes, director, E3GAnne-Catherine Husson-Traore, CEO, NovethicSean Kidney, CEO, Climate Bonds InitiativeEsko Kivisaari, deputy manging director, Federation of Finnish Financial ServicesRichard Mattison, CEO, Trucost (S&P Global)Arlene McCarthy, special advisor to the chairman, Bloomberg, AMC StrategyFlavia Micilotta, executive director, EurosifMyriam Vander Stichele, senior researcher, SOMOlast_img read more

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Raiders talking with Tottenham about playing in London

By on December 20, 2019

first_imgThe Raiders, who take on the Chiefs in … Click HERE if you’re unable to view the gallery on your mobile device.The Raiders, seemingly serious about not spending another season in Oakland, are reportedly considering sharing a stadium with a Premier League soccer team in London in 2019.The Daily Mail reported Sunday talks are ongoing between the Raiders and the Tottenham Hotspur to allow the Raiders to play their entire 8-game home schedule at the soccer club’s new stadium in North London.last_img read more

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Pele offers SA football advice

By on December 19, 2019

first_img7 March 2006Brazilian star Pele, perhaps the greatest footballer ever, believes that South Africa’s footballing style is similar to that of world champions Brazil, and that the solution to the country’s football woes may be found close to home.He was speaking to Business Day after a coaching clinic in Soweto, south of Johannesburg, on Monday.Pele is in the country as part of the launch of a World Cup-branded Mastercard credit card.South African style“Everybody says SA’s style is the same as Brazil’s because of the similarity in skill, ball control and talent,” Pele said. “No doubt I think we have the same style.”Since South Africa’s dismal performance at the African Cup of Nations in Egypt in January, there has been much speculation on a new coach for the national football team.Pele said that he had discussed the question of the South African coach with former teammate Jomo Sono. Sono was South Africa’s coach at the 2002 World Cup.Brazilian coachPele, the scorer of 12 World Cup goals, said that a Brazilian coach may not be the answer, and that a suitable coach could be found closer to home.The names of two Brazilians, Luiz Felipe Scolari and Carlos Alberto Parreira, have been mentioned in connection with the Bafana Bafana coaching position.“There are good Brazilian coaches and there are bad ones,” Pele said.“If you can find a very good Brazilian coach, well and good. If you land up with a bad one, you will only have the same problems you would have with a bad coach from any other country.“Sometimes the man is already in your country but you do not know it yet.”African World CupAlthough South Africa will be sitting out the 2006 World Cup, the country will be watching the efforts of the African qualifiers – Angola, Tunisia, Ghana, Togo and Ivory Coast – with keen interest.In 1977, Pele predicted an African victory in the World Cup before the end of the 20th century. While that did not happen, Pele believes that the continent will soon surprise the established football powers of the world.“Africa has an opportunity to win in 2010. The World Cup is a box of surprises and Africa has an excellent opportunity to play very well in 2010.”SouthAfrica.info reporter Want to use this article in your publication or on your website?See: Using SAinfo materiallast_img read more

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Farooq Abdullah’s kin told to prove detention

By on December 1, 2019

first_imgThe Jammu & Kashmir High Court on Tuesday directed three close relatives of National Conference (NC) patron Farooq Abdullah “to prove their house detentions” after the police denied detaining them since the August 5 decision to revoke J&K’s special status. Dismissing a petition challenging “restraints and house detention” by Dr. Abdullah’s brother Mustafa Kamal, sister Begum Khalida Shah and nephew Muzzaffar Shah, Justice Ali Mohammed Magray observed: “The petition is not maintainable and is unnecessary after communication submitted by Senior Superintendent of Police Srinagar stated that petitioners have neither been put under house arrest nor their liberty has been curbed.”The petitioners’ counsel had submitted to the court that the trio had been kept under house arrest at their residences in Srinagar since August 5.“The petitioners are at liberty to prove their arrest before the proper forum and in appropriate proceedings,” the court observed. In its extraordinary writ jurisdiction under Article 226 of the Constitution of India, a writ court is neither to hold an inquiry into the allegations made in a petition, nor take oral evidence, the court held.“A fact is to be supported and proved by authentic documentary evidence,” Justice Magray said in his order. “Press cuttings cannot be relied upon as authentic documentary evidence,” he added. A writ court cannot hold an inquiry into disputed facts. Once facts are disputed, the writ petition is rendered not maintainable, the court added. In his response, Mr. Shah said the media was witness to the manner in which two sitting Members of Parliament of the National Conference party were not allowed to meet the three relatives of Dr. Abdullah at their residences. “I have produced newspaper clips of the same,” said Mr. Shah, adding that he had video evidence too. “We have also a video of it. I will take this matter to the Supreme Court. This is a shame for a democracy that people were being locked up. Why do they [administration] have no guts to say we were detained? My mother was a freedom fighter. Do you think she will lie and they will speak the truth,” he asked.last_img read more

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Ajay Devgn’s fan gets Singham tattoo engrossed on his chest

By on November 28, 2019

first_imgSome fans go overboard with their love for Bollywood stars and Nikhil Kateja is one of them. The 23-year-old from Jaipur got himself inked with the same tattoo that actor Ajay Devgn sported in his latest blockbuster Singham.In the upcoming episode of UTV Stars’ Live My Life, Kateja will be seen living the life of his idol, Ajay, for a day. As the actor was busy shooting for “Bol Bachchan” when Kateja got the chance to meet him, the young boy was taken to meet Hakim Aalim, Ajay’s friend and a popular tattoo artist.Kateja, who has a family business, insisted on getting a tattoo – a king size Singham tattoo, on his chest, and Aalim obliged, according to a source. He was so excited about his newly-acquired tattoo that he unbuttoned his shirt to show it off to Bollywood star Abhishek Bachchan, who was with Ajay on the sets of Bol Bachchan. The episode will be aired Sunday.last_img read more

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City of Del Mar names new community services directorlifeguard chief

By on September 17, 2019

first_img Categories: Local San Diego News FacebookTwitter January 26, 2018 City of Del Mar names new community services director/lifeguard chief KUSI Newsroom, KUSI Newsroom Posted: January 26, 2018 DEL MAR (KUSI) — The City of Del Mar has announced that Jon Edelbrock will be the new Director of Community Services/Lifeguard Chief for the City of Del Mar.Jon has served the City of Del Mar and the Community Services Department for over twenty-five years. Since being hired as a Seasonal Lifeguard in 1992, Jon quickly progressed through the lifeguard ranks ascending to his recent position of Lifeguard Lieutenant in 2010.In this role, Jon has been responsible for the budget, private use of public space, hiring, and training of lifeguard staff.He also brings a breadth of knowledge and experience across the Parking and Facilities divisions of the Department after serving in multiple capacities including operational management of both divisions over the past 17 years.“His dedication and long-term commitment to the Del Mar community, his co-workers, lifeguarding profession, as well as his longevity in public service are just some of the many reasons why Jon Edelbrock was selected to lead the Community Services Department,” said City Manager Scott Huth. “I have no doubt that Jon will do a great job leading the department and continuing to provide a high level of service to the community and the many visitors that enjoy our beautiful beach each year.A longtime resident of coastal North County, Jon lives locally with his wife and two children. He enjoys time with his family, traveling, surfing, and recently received his Black Belt in Brazilian Jiu Jitsu. last_img read more

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