Henk Groot, the scheme’s chief investment officer, said that climate goals, human rights and labour conditions had been translated into four of the UN’s Sustainable Development Goals (SDGs).#*#*Show Fullscreen*#*# Detailhandel, the €21bn Dutch pension fund for the retail sector, has divested its stake in 500 of the 1,600 companies in its portfolio in order to refocus its investments on climate goals, human rights issues and labour conditions.To make its new policy work, it has developed a new index in co-operation with FTSE Russell, it announced today.According to the industry-wide scheme, which has a €5.8bn stake in developed market equities, both carbon emissions and fossil fuel stocks in its new passive portfolio had halved.Last year, Detailhandel announced plans to increase its sustainable investments, following a survey of its members. The UN’s 17 Sustainable Development GoalsThe adopted SDGs include: decent labour conditions and economic growth, responsible consumption and production, climate action, and “peace, justice and strong institutions”.Groot said that the starting point of the transition to the new strategy was for the portfolio to remain passive. In addition, it should not result in lower returns or increase risks, he said. Back-testing had shown that the change had been successful.According to the CIO, Detailhandel co-operated on the transition with asset manager BlackRock, which monitors the index.Groot said that FTSE Russell assessed all companies for sustainability, resulting in an ESG score based on hundreds of criteria, including how firms interacted with people living near their factories as well as environmental policy and governance.“These subjects are linked to the UN’s 17 SDGs, enabling us to construct a portfolio based on our focus targets,” Groot said.He added that the divested firms would not be excluded completely, and could return to the scheme’s investment universe once they had improved their SDG performance.FTSE Russell would inform the divested companies why they had been dropped from the index.Groot said: “This is also a way of persuading companies to improve, as they know on which criteria they should focus.”According to the CIO, the divestment hadn’t resulted in changes to sector allocations: “We have increased our investments in firms performing well on ESG, such as Microsoft in the tech sector and Johnson & Johnson in pharmacy.”Contrary to many other pension funds, Detailhandel doesn’t exclude tobacco firms.“At the moment, we only exclude controversial arms, as we believe in engagement rather than in exclusion,” said Groot.
FOLLOW SOPHIE FOSTER ON FACEBOOK Honey, I gave up the prize home Close behind was Mortgage House which also dropped its lowest variable rate yesterday to 3.14 per cent — though it applies outside of New South Wales only and requires a 30 per cent deposit. Homestar Finance also dropped theirs — to 3.24 per cent and loans.com.au has gone to 3.28 per cent. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58 How to make $50,000 in three years MORE: QLD more expensive than NSW The lowest one-year fixed rate is already below 3 per cent. Source: RateCityReduce also had the lowest three-year fixed rate on the market at 3.19 per cent, RateCity found, followed by Queenslander bank BOQ and Virgin Money both on 3.39 per cent, and Loans.com.au on 3.48 per cent.The lowest five-year fixed rate came out of the one of the Big Four banks, Westpac which now offers 3.49 per cent — but there is a qualifier there, with the offer only for first home buyers.Greater Bank was next best (3.64 per cent) followed by Macquarie (3.79 per cent) and G & C Mutual (3.89 per cent). Queensland players are among those offering some of the best rates on the market right now.Australia now has a historic low variable mortgage rate and the best fixed rates in over a generation — here are the lowest on the market right now and where to find them.Market rate analysis by comparison firm RateCity has found that the lowest variable rate on the market right now is 3.09 per cent off Reduce — a figure which was announced by the non-bank lender yesterday.“Reduce Home Loans launched a new product at 3.09 per cent, making this the new lowest ongoing variable rate. The product is for new customers with a 40 per cent deposit (60 per cent loan-to-value ratio, LVR),” a RateCity statement said. Westpac is leading the five-year fixed offering though it’s for first home buyers only. Source: RateCityThe Reserve Bank board next meets for its monetary policy meeting in three weeks’ time on July 2. Two non-bank lenders dropped variable rates to historic lows yesterday. Source: RateCityRateCity.com.au research director Sally Tindall described it as a battle between the non-banks.“Ideal borrowers are increasingly being rewarded with lower rates. If you’re an owner-occupier paying down your debt with a bit of equity up your sleeve you’re in the box seat when it comes to rates,” she said. Owner-occupiers are “in the box seat” now, according to RateCity.More from newsParks and wildlife the new lust-haves post coronavirus12 hours agoNoosa’s best beachfront penthouse is about to hit the market12 hours agoAnd the situation was expected to only get better for borrowers if the Reserve Bank of Australia cut its cash rate target again this year.“If the RBA cuts again, we will almost certainly see variable rates drop below 3 per cent.”The lowest one-year fixed rate was already below the magic 3 per cent mark, according to RateCity, out of Greater Bank at 2.99 per cent, as well as UBank whose 2.99 per cent rate begins tomorrow (June 14).Tic Toc was at 3.39 per cent while RACQ was at 3.49 per cent one year fixed. read more
Share This delicious pie works great as a finisher to a summer feast. Strawberries are in season, and their flavor is refreshing after a long, hot day and a large meal.The curd adds a delicious tartness that complements the strawberries nicely. Purchase fresh or pick some from your herb garden to top each serving.Ingredients1 rolled refrigerated unbaked piecrust (1/2 of a 15-oz. pkg.)3 egg whites1/2 tsp. vanilla1/4 tsp. cream of tartar1/2 cup sugar7 Tbsp. lemon curd5 cups fresh strawberries (halve large berries)Snipped fresh mint Food & DiningLifestyle Strawberry Meringue Pie. by: – April 7, 2011 31 Views no discussions Recipe source: BHG.com Tweet Sharing is caring! Share Share DirectionsLet unbaked crust stand at room temperature according to package directions.Heat oven to 450 degrees F. Unroll and line 9-inch pie plate with crust; flute edge, if desired.Prick bottom and sides of crust with fork. Bake 10 to 12 minutes or until golden brown. Remove from oven; cool on rack. Reduce oven temperature to 300 degrees F.Meanwhile, for meringue layer, in large mixing bowl let egg whites stand at room temperature 30 minutes. Add vanilla and cream of tartar. Beat on medium until soft peaks form.Gradually add sugar. Beat on high until stiff peaks form and sugar is almost dissolved. Spread in baked piecrust, building up meringue along edges.Bake 35 minutes. Cool on rack. Meringue will fall slightly. In large bowl microcook lemon curd on 50 percent power (medium) 15 to 20 seconds. Spread 4 tablespoons warm curd on meringue.Add berries to remaining lemon curd; lightly stir to coat. Spoon into pie shell. Refrigerate 30 to 60 minutes. To serve, top with fresh mint. Cut with serrated knife. Makes 8 servings. read more
Dearborn County, In. — The Dearborn County Sheriff’s Department says Willie Messer, 37, of Osgood was killed in a traffic crash on State Road 48 on Thursday.The report says Messer was eastbound near Burns Road around noon when he crossed the center line and struck a westbound truck driven by Bashir Ismail, of Worthington, Ohio. Messer died at the scene.
Sunderland prospect Jordan Pickford has signed a new contract which will keep him at the club until the summer of 2020. “It’s always great to see a local lad progress through the academy ranks, especially for our fans, and I am certain that Jordan has a very bright future ahead of him here at Sunderland.” England Under-21 international Pickford, who joined the Black Cats as an eight-year-old, was handed his senior debut in the 3-1 FA Cup third-round defeat at Arsenal on January 9 and retained his place for the Barclays Premier League trip to Tottenham a week later after a series of successful loan spells, the last of them at Sky Bet Championship side Preston during the first half of this season. Allardyce has insisted Italian Vito Mannone remains his number one, but was confident enough in Pickford to sell Costel Pantilimon to Watford last week. Press Association The highly-rated 21-year-old goalkeeper put pen to paper on a new four-year deal in June 2014, but the academy graduate has now committed himself for a further two years after manager Sam Allardyce moved to tie up his future. Allardyce said: “Jordan is an exceptional talent who has already demonstrated that he is comfortable playing at the highest level. At the tender age of just 21, which is still very young in goalkeeping terms, there is still a lot more potential for development, which is really exciting for us. read more
It was Feb. 19. The Clippers were down two points to the San Antonio Spurs at Staples Center. Glen “Big Baby” Davis made a hard-earned layup to tie the game, and then did some kind of dance where his head and shoulders were moving in funky fashion.The lyric “Boom laka-laka-laka Boom laka-laka-laka” in the song “I Want to Take You Higher” by Sly & the Family Stone would have been appropriate at the time. The crowd was going wild.A minute later, Davis threw a ball that was heading out of bounds off a Spurs player. It went to the Clippers, and Davis again whooped it up, looking out into the crowd and exchanging joyous shouts with courtside fans. The Clippers won 119-115.Davis is only averaging 10.5 minutes off the bench, but the 6-foot-9 forward gets the most of them. His numbers don’t stick out – he’s averaging 3.6 points and 2.1 rebounds. But he did have 10 points and six rebounds against the Spurs, and he had eight rebounds two days later in a win over Sacramento. It’s more than that. Here you have a guy who weighs 289 pounds and he has had as many as four steals in a game this season and three on three other occasions. That’s hustle, man.He injects energy into his fans and his teammates like nobody’s business. “My focus is going out there and doing all I can with the minutes that I have,” said Davis, whose Clippers (37-20) play today at 5 p.m. at Houston (38-18). “If I only have five minutes, I’m going to go out there and make an impact on the game, that can affect the game and carry on, you know, when I’m not in the game.“The only thing you can control is your effort and your energy and my mind-set is that, because I’ve seen my energy change ballgames and help teams win. I just try to keep that mind-set when I’m on the court because I don’t play a lot. So when I go out there, I make a splash.”If fans could, without being ejected from the arena, they’d probably run out and bear-hug Davis when he’s in his way-out mode. To him, they play a huge role, one that should not be underestimated. “Your fans are going to react the way you react,” Davis said. “If you’re out there like, OK, kind of bringing your energy halfway or not bringing the full passion to the game, how are you going to get the crowd into it? You think about a game and how a game goes. When the crowd’s into it, it feels different.“It feels more alive. Everybody feels the energy in the building. People don’t realize how important your crowd is.”Davis may be this wild and crazy guy on the court, but he is so adamant about this.“The Clippers’ fan base is great,” he said. “But as far as getting some energy and getting it louder and getting it crazy, we need to do more of that because we’re a playoff team now every year and we need them to help us get over some humps in our gym.”His teammates are more than cool with Davis’ way of doing business. “He can lift a building with his energy,” Jamal Crawford said. “His energy and his enthusiasm for the game, he makes us better. It’s not always something you can put in a statistic. He does such a good job being vocal for our team and being that source of energy and speaking up when you need him to. So I think he’s invaluable.“I mean, there are times by himself where he kind of gives us homecourt; he’s the same way on the road. He’s defending us, he’s just a beacon of light, like he’s just so into it. It really is contagious.”Count guard Chris Paul among those who can’t get enough of Davis.“I think he got the game ball tonight because of his energy,” Paul said after the San Antonio game. “I stay on him all the time because it’s contagious. He brings that different element to our team.”Austin Rivers just shakes his head, and smiles, when discussing Davis.“His antics after he scores, we love that stuff,” he said. “Our coaches be like, ‘Stop, stop, Baby.’ Once he gets going, there is nothing you can do. But we love how he just brings energy.”He’s constantly working on his game, too.“He was the most impressive guy over the All-Star break,” coach Doc Rivers said. “He came in every day. Not to mean he didn’t go out and eat later, but he came in every single day and worked out.”Doc Rivers said Davis came in at 8 a.m. one recent morning to work out on his own, then came back for a practice later in the day.Davis, 29, is in his second season with the Clippers. He never wants to leave, and he’s doing all he can to make sure he doesn’t have to.“Being here and being in this atmosphere and knowing that the organization thinks your role is important, I could play here forever,” Davis said.He just wants to take the Clippers higher. GLEN ‘BIG BABY’ DAVIS FILEHeight: 6-foot-9Weight: 2892014-15 numbers: 3.6 ppg, 2.1 rpg, 10.5 mpgCareer numbers: 8.2 ppg, 4.4 rpgAge: 29Years pro: Eighth season Newsroom GuidelinesNews TipsContact UsReport an Error read more
After winning the third place in the 800 m race at the World Championships in Beijing, the best BH athlete Amel Tuka stated that this victory means a dream come true to him.“I feel really great and this is a realization of a big dream for me. This is the first medal for my country and myself, I am very happy and proud for all the people in B&H”, Tuka said.Tuka thanked people in B&H who are following him at every competition. He pointed out that maybe he could have run better in the first 300 meters of the race in the finals.“Maybe it would be better if I had kept pace all the time during the race, but that is not a problem for me, I am more than satisfied with this medal”, said Tuka.In the final race in 800 m at the World Championships in Beijing today, Tuka won the third place with the 1:46.30 time.David Lekuta Rudisha from Kenya won the first place with 1:45.84 time. The Pole Adam Kszczot won the second place with the realized time of 1:46.08.Amel Tuka had an excellent performance in the semifinals and ran the best time among all the competitors in the semifinal races (1:44.84).Tuka arrived in Beijing with the best time of the season, and today signed in the history of the BH athletics with the won bronze medal.(Source: novovrijeme.ba/ photo mojportal) read more
Facebook0Tweet0Pin0 Submitted by Westport WineryElk River, a varietal Riesling made with grapes from acclaimed Red Willow Vineyard in the Yakima Valley AVA, earned 86 points. In a recent tasting with Great Northwest Wine co-owner, Andy Perdue, the tasting notes on this wine were changed to read, “A spine-tingling aftershock, luscious, bright and penetrating.” The winery recommends that this delicious vintage be paired with a wilted spinach salad in their Farm to Fork Restaurant. The musical pairing for this wine was The River by newly out-of-retirement country entertainer, Garth Brooks. A portion of the proceeds from this wine benefits the Twin Harbor Charter of the Rocky Mountain Elk Foundation. Westport Winery has become a legacy partner with this organization.Jetty Cat Red, a blend of Cabernet Sauvignon, Sangiovese, Petite Sirah, Tempranillo and Syrah, earned 83 points. This wine is described as “Wall Street rich and ultra-luxurious.” As it benefits the Harbor Association of Volunteers for Animals (HAVA) it is well-paired musically with Cat Scratch Fever by Ted Nugent. In the restaurant it is suggested to be enjoyed with their Italian sausage stuffed mushrooms.Westport Winery and Vineyards By-the-Sea with its unique sculpture garden, lavender labyrinth, musical fence, 9-hole executive golf course, giant chess set, outdoor scrabble game, and grape maze, is located on the corner of Highway 105 and South Arbor Road halfway between Aberdeen and Westport. Westport Winery was named Best of the Northwest Wine Tour in 2010, 2011, 2013 and 2014.Westport’s award-winning wines are exclusively available at the winery. The tasting room, gift shop, produce market, plant nursery and bakery are open daily from 11 a.m. to 6 p.m. The restaurant is open for lunch daily from 11 a.m. to 4 p.m. and for dinner on Friday and Saturday from 4 p.m. to 8 p.m. For more information contact Westport Winery at 360-648-2224 or visit the website atwww.westportwinery.com. read more
Sharks had themselves to blame with too many handling errors giving the Steelers boys their third consecutive win. The round 10 match played at Gordons Police Barracks sets the pace for finals footy which falls in four weeks’ time.Former PNG AFL representative player, Vincent playing his custodian role at the back turned up for the occasion scoring a double from sheer determination and skills. He was well assisted at dummy half by Navalu Mune, Makakat Tokana and David Mune Junior.Crowd favourite, Malcom Hari showed he still possess his killer blows with him with another outstanding performance at the wing.Sharks did not turn up for the occasion and will be going back to the drawing board knowing they must win this weekend to maintain their tag in the top eight position.Sharks fullback Richard Rawali had a disappointing afternoon with many drop balls under the high kicks.Rawali, who is a former PNG AFL representative player, was well marked by the Steelers defense and kept at bay throughout the match. In other Sunday matches, competition leaders Side Sena Tigers outplayed Texas Knight 26-2 and Erima Magpies upset Tapiti Panthers 7-6. read more
New season—not ROY plum—on Perkins’ mind Nadine Lustre’s phone stolen in Brazil Will you be the first P16 Billion Powerball jackpot winner from the Philippines? MOST READ Manny Pacquiao’s knockout loss against Juan Manuel Marquez in 2012 did not bother him as much as the setback he suffered against Floyd Mayweather Jr. in 2015.According to Hall of Fame coach Freddie Roach, Pacquiao was never the same fighter in the aftermath of being stopped as a pro. But he explained that Pacquiao, who suffered stoppage defeats in the early days of his career, saw the knockout loss as just another part of the sport.ADVERTISEMENT LATEST STORIES Ginebra beats Meralco again to capture PBA Governors’ Cup title In the sixth round, Pacquiao appeared to be on the verge of securing a stoppage win when Marquez, in the final seconds, clipped him with a perfect counter and the Filipino star was knocked unconscious.While there was always some talk of a fifth encounter, Marquez made a career decision to reject that option and eventually retired.“We were a a punch away from getting the same result on the other side. If Manny had not lost his balance, he would not have been beaten that way,” Roach recalled.“When they knocked me out the first time I was never the same, but Manny Pacquiao sees it as part of the sport and that’s why I think he’s so efficient.”In 2015 also in Las Vegas, undefeated five-division world champion Mayweather beat Pacquiao by unanimous decision in the bout billed as “The Fight of the Century.” —BOXINGSCENE.COMADVERTISEMENT Philippine Army to acquire MANPADS, self-propelled howitzers Sports Related Videospowered by AdSparcRead Next Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award View comments Don’t miss out on the latest news and information. In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ “Manny Pacquiao knows that being knocked out is part of the sport and accepts it more than anyone else,” Roach told boxingscene.com. “It’s part of the sport, unfortunately, things happen and that night things did not go our way.”Pacquiao (60-7-2, 39 KOs) is training under Roach, best friend Buboy Fernandez and strength and conditioning coach Justin Fortune for his defense of the World Boxing Association (WBA) “regular” welterweight title against Adrien Broner (33-3-1, 24 KOs).FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissThe contest scheduled Jan. 19 at MGM Grand in Las Vegas, with Showtime Pay-Per-View carrying the bout.In the same Las Vegas venue in 2012, Pacquiao faced Marquez for the fourth time in their rivalry. Ginebra beats Meralco again to capture PBA Governors’ Cup title Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Japeth Aguilar wins 1st PBA Finals MVP award for Ginebra Tom Brady most dominant player in AFC championship history read more