Major investor groups expand climate change target list

first_imgMajor investor groups expand climate change target list FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):A large group of global investors and asset managers have added 61 companies to the list of corporations they will push to take more action on climate change issues.When Climate Action 100+, which is backed by 289 investors with nearly $30 trillion in assets under management, launched in December 2017 it targeted the 100 energy and transportation companies that are among the largest greenhouse gas emitters in the world.The expanded list of companies represents both carbon intensive ones and those “with significant opportunities to accelerate the transition directly at the regional and global level and help achieve the goal of the Paris Agreement” of limiting global warming to well below 2 degrees Celsius from pre-industrial levels, Stephanie Maier, Director of Responsible Investment, HSBC Global Asset Management Ltd., a unit of HSBC Holdings PLC, said in a statement.The five-year engagement initiative aims to convince companies to implement a strong framework for board oversight and accountability on climate change, reduce emissions, and disclose climate risks and plans consistent with the June 2017 recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures, or TCFD. The voluntary guidelines were intended to create an internationally consistent way for companies to assess and publicly disclose potential financial risks associated with climate change.Climate Action 100+ was among a number of movements involving state and local officials, businesses and investors in the U.S. who committed to advancing the goals of the Paris Agreement on climate change after President Donald Trump in 2017 pledged to withdraw the nation from the deal. Climate Action 100+ is organized by five partner organizations: Ceres, Asia Investor Group on Climate Change, Investor Group on Climate Change, Institutional Investors Group on Climate Change and Principles for Responsible Investment.More: Investors with $30 trillion to press 61 more companies on climate targetslast_img read more

U.S. Admiral Tidd Meets Peruvian Defense Minister Valakivi to Discuss Bilateral Issues

first_imgBy Dialogo May 12, 2016 This is the first time that Admiral Tidd has visited Peru. He comes as a participant in the Senior Leader Seminar that followed the “Fuerzas Comando 2016” military exercises, which are being conducted at the Marine Corps base in Ancón, with the goal of fostering regional and multinational cooperation, as well as the interoperability of Special Forces in the region. The two discussed bilateral relations in the defense sector, as well as ways to address shared threats to security in the region. Minister Valakivi welcomed the presence of Admiral Tidd in Peru, and stated that the occasion was ideal for reviewing the current status of new threats related to drug trafficking and terrorism, and their development in Peru, as well as the challenges they will face in bilateral matters in the future. Peruvian Defense Minister Jakke Valakivi received U.S. Admiral Kurt W. Tidd, commander of the U.S. Southern Command (SOUTHCOM), at Peru’s Army Headquarters in Lima on May 9th. The meeting was also attended by the Peruvian Chief of the Armed Forces Joint Command, Admiral Jorge Moscoso, the chiefs of staff for the Army, Navy, and Air Force, the deputy minister of Defense for Policy, and the deputy minister of Defense for Resources.last_img read more

MDI boys endure long wait, beat Ellsworth behind 3-point shooting

first_imgELLSWORTH — After a six-day wait that included a weather postponement, the Mount Desert Island boys’ basketball team was ready to play. Unfortunately, the ceiling wasn’t.It was 6:45 p.m., and MDI’s road game against Ellsworth was scheduled to be starting in 15 minutes. Instead, the custodial staff at Ellsworth High School was busy putting a giant tarp over the southeast corner of Katsiaficas Gymnasium. The ceiling was leaking water everywhere, and the junior varsity game hadn’t even started yet.All Justin Norwood’s Trojans wanted to do was take the floor. After a rough stretch in which the former Class B North leaders had lost three out of four games, MDI was desperate to show it could bounce back in time for the playoffs.It took 90 minutes of JV ball and another 20 for Ellsworth’s Senior Night ceremony, but MDI finally got its chance and made the most of it.This is placeholder textThis is placeholder textMDI shot 12 of 23 from 3-point range to beat Ellsworth 74-37 in the regular season’s final game Friday. The win gave the Trojans a season sweep of the Eagles.“The past two weeks or so, they’ve certainly challenged our team,” Norwood said. “We needed to get our step back for the playoffs, and with a crowd like this in a big rivalry game, this was the time to do it.”Riley Swanson had the hot hand for MDI (15-3) in the first quarter. The senior made three 3-pointers, and Russell Kropff, Derek Collin, Aaron Snurkowski and Graham Good also scored to give the Trojans an eight-point advantage. MDI’s Andrew Phelps and Gus Reeves scored six each for MDI in the second to help them to a 33-15 lead at the break.The second half was much of the same, though Ellsworth’s injuries caught up with it. The Eagles were already missing Trent Mahon after an ankle injury last Wednesday, and star senior Bryce Harmon, who suffered one Tuesday but was not about to miss his chance to start on Senior Night, had to sit out the second half with ice on his leg.On the court, the third and fourth quarters belonged to MDI’s Mac Shea, who scored each of his 11 points in the second half to put the game out of reach. Seven of Shea’s points came in a fourth-quarter run that saw MDI score 22 to send the green half of the gymnasium wild.Shea and Swanson both scored 11 points for MDI, and Phelps added nine. Zach Harris led Ellsworth 11 with points.Even though the Trojans had to wait five days, one additional day because of Thursday’s snowstorm and another hour and a half to get the bad taste of the previous two weeks out of their mouths, a shooting performance like this made the wait worth it.“It was a complete game from us all around, and we kept it up even as it was late in the fourth quarter,” Norwood said. “We had been ready to get back out on that court because we knew we were better than we’ve playing. The players out there, every single one of them delivered tonight.”The win gives MDI the No. 2 seed in the Class B North tournament. Depending on what happens in the preliminary round, MDI will face either Belfast or Houlton in the quarterfinals.“Both of those teams are teams who can beat us if we’re not on our game,” Norwood said. “They’re probably a bit better than their records show, and it’s the playoffs now. Everyone you face is going to give it everything they got.”Ellsworth faced Presque Isle (13-5) on the road Tuesday. Presque Isle won both games against the Eagles in the regular season. MPA approves golf, XC, field hockey, soccer; football, volleyball moved to spring – September 10, 2020 Latest Posts Mike MandellMike Mandell is the sports editor at The Ellsworth American and Mount Desert Islander. He began working for The American in August 2016. You can reach him via email at Ellsworth runners compete in virtual Boston Marathon – September 16, 2020center_img Latest posts by Mike Mandell (see all) Bio Hospice volunteers help families navigate grief and find hope – September 12, 2020last_img read more