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

Panel rules on various questions of judicial ethics

first_imgAnswering a series of questions about charitable and community service, the committee held: • A judge may help decorate a hall where a fundraising event is to be held. • A judge may assist in setting the value of items to be auctioned at a fundraising event. • A judge may donate items to be auctioned, but the source of the donation should not be noted by the organization. • A judge may not participate as a featured speaker at a fundraising roast of a prominent local figure. • A judge may serve as an officer, including president, of Rotary International and attend all functions of Rotary, but “hand the gavel” to another officer if and when fundraising is the subject of discussion. The judge may also participate in planning fundraising events, but may not actually preside over any fundraising event. • A judge may not, in an effort to assist a nonprofit organization in its fundraising, auction off dinner and drinks for 12 in the judge’s home. And if the judge’s spouse chooses to hold such an event in the home of the judge, the judge may not be present. • A judge who lives in a historical home may not allow charitable organizations to use the home for fundraising purposes, and if the judge’s spouse decides to allow charitable organizations to use the judge’s home for fundraising events, the judge must vacate the home during the event. Bar Gifts A judge who has been assigned to a satellite courthouse in the judge’s county for a number of years, and is due to be reassigned to the main courthouse, may accept a gift from the bar association in appreciation of years spent presiding at the satellite courthouse. Opinion Number: 2001-10. Panel rules on various questions of judicial ethics The JEAC said while the Code of Judicial Conduct does not directly apply to law clerks, it requires that a judge “shall require staff, court officials, and others subject to the judge’s discretion and control to observe the standards of fidelity and diligence that apply to the judge. . . . ” Thus, the committee holds that the code applies indirectly to law clerks. In Opinion 74-17, the committee stated that a judge may not be a director of the local legal aid society because such service would tend to convey an appearance of partiality by the judge toward the attorneys of that organization. In Opinion 86-16, the committee somewhat modified its stance with regard to a judge’s service as a director of a legal aid society. The committee stated: “[I]f the Legal Aid Society engages in litigation directly or represents impoverished people through the use of staff counsel,. . . continued service on the Board would be prohibited by [former] Canon 5B(1). On the other hand, if the Legal Aid Society acts only as an administrative body to assign cases to lawyers on a pro bono basis, and does not make policy decisions of political significance or that may imply commitment to causes that may come before the courts for adjudication, that [former] Canon 5B(1) would not preclude. . . continued service as a trustee.” The JEAC said it recognizes that Florida Legal Services may not be directly analogous to a legal aid society, nevertheless, the statement of the committee in Opinion 86-16 should be followed in the present inquiry. “Therefore, so long as Florida Legal Services does not engage directly in litigation or represent impoverished people, the service covered by the present inquiry would be permitted for the law clerk,” the committee said. The Judicial Ethics Advisory Committee is expressly charged with rendering advisory opinions interpreting the application of the Code of Judicial Conduct to specific circumstances confronting or affecting a judge or judicial candidate. Its opinions are advisory, and conduct that is consistent with an opinion may be evidence of good faith on the part of the judge, but the Judicial Qualifications Commission is not bound by the committee’s interpretive opinions. The full text of the opinions is available on the Supreme Court’s website at Once there, click on the “Judges’ Page” link. The inquiring judge owns a one-sixth interest in a lakeside trailer that is used as a fish camp. The other owners include the newly elected state attorney. The trailer is owned free and clear and is located on property leased for 99 years. The lease rent has been paid in full. The inquiring judge has not used the trailer in five years. He and the newly elected state attorney last fished together six years ago. The JEAC said Canon 3E governs disqualification of judges and specifies: “A judge shall disqualify himself or herself in a proceeding in which the judge’s impartiality might reasonably be questioned. . . ” “The issue here is similar to that presented in Opinion 01-05,” the panel said. “There, the opinion recognized that the elected public official, the public defender, is not only in charge of all assistant public defenders, but is also the attorney of record in cases where the public defender is assigned. The same rationale applies in this case.” Therefore, the inquiring judge is disqualified by the terms of Canon 3E from hearing any cases that involve the state attorney and his assistants, the panel said. The committee also said Canon 5D requires a judge to regulate his extrajudicial financial activities so as to minimize the risk of conflict with judicial duties. That canon specifies in §5D(1)(2) and (4): • A judge shall not engage in financial and business dealings that (a) may reasonably be perceived to exploit the judge’s judicial position, or (b) involve the judge in frequent transactions or continuing business relationships with those lawyers or other persons likely to come before the court on which the judge serves.” • A judge may, subject to the requirements of this code, hold and manage investments of the judge and members of the judge’s family, including real estate, and engage in other remunerative activity. • A judge shall manage the judge’s investments and other financial interests to minimize the number of cases in which the judge is disqualified. As soon as the judge can do so without serious financial detriment, the judge shall divest himself or herself of investments and other financial interests that might require frequent disqualification. “In this case, as in Opinion 97-33, the inquiring judge is cautioned that if he is unable to minimize the number of cases in which he is disqualified as a result of joint ownership of this property with the state attorney, the judge must divest himself of the property as soon as can be done without serious financial detriment,” the panel said. Law Clerks An appellate court judge may allow her law clerk to serve on the board of directors of Florida Legal Services. Opinion Number: 2001-12. The JEAC also said there is no reason to advise all counsel and litigants that his wife’s company is reporting the trials over which he presides, because the judge will not be called upon to review the validity of his spouse’s work product since his wife will not personally report any of the cases assigned to the inquiring judge. Charitable and Civic Work A recently elected county judge, who before his election was very involved in charitable and community organizations and events, sought answers to numerous questions concerning the propriety of continuing involvement in those efforts. Opinion Number: 2001-09. The inquiring judge presides over a mental health court and has been requested by a private publisher that specializes in professional reference publications to serve on the board of advisors and contributors for a new publication dedicated to the criminal justice system and the mentally ill. The publisher anticipates that the advisors will provide input and feedback on articles published. The board members will receive no compensation, and the publication will include no advertisements or sponsors. The committee said the activity is permissible under both Canon 4 and Canon 5, and numerous prior opinions have allowed judges to participate in the authorship of publications related to the practice of law and improvement of the legal system. Those opinions, the JEAC said, rely primarily on Canon 4B: “A judge may speak, write, lecture, teach, and participate in other quasi-judicial activities concerning the law, the legal system, and the administration of justice, subject to the requirements of this code.” Court Reporter A judge may preside over cases where the court reporter is an employee of a court reporting service owned by the judge’s wife, so long as the judge isolates himself from the decision leading to the wife’s employment as the contract court reporter. Opinion Number: 2001-08. Although Canon 5 of the Florida Code of Judicial Conduct has a general prohibition concerning acceptance of gifts by a judge, the Canon also has a number of exceptions. The committee said a judge is not precluded from accepting a gift incident to a public testimonial, and a judge is also not precluded from accepting any other gift if “the donor is not a party or other person who has come or is likely to come or whose interests have come or are likely to come before the judge.” The committee said judges and court employees may not, however, accept gifts from individual lawyers, vendors, or other third parties when the interests of the donors of such gifts are likely to come before the court. “In the present inquiry, the gift would be from the bar association as an entity, and not from individual lawyers, clients, or others whose interests could potentially come before the judge,” the JEAC said, noting, however, such a gift must be reported pursuant to Canon 5D(5)(h). Shared Property An administrative judge in the county criminal division, who jointly owns with the elected state attorney and four others a lakeside trailer used for fishing trips, must disqualify himself from all cases involving the state attorney’s office. Opinion Number: 2001-11. Panel rules on various questions of judicial ethics Mark D. Killian Managing Editor Judges may serve as advisors to legal publications, accept gifts of appreciation from local bars and help decorate a hall for a fundraising event, but they can’t jointly hold property with a state attorney and also hear cases from his office or be the featured speaker at a fundraising roast, according to the Judicial Ethics Advisory Committee. The JEAC also recently held that a judge may allow her clerk to serve on the board of Florida Legal Services, but has to get out of the house if his spouse throws a fundraising event at their home. A judge may also preside over cases in which his wife’s court reporting service is assigned. Publication Advisor A judge with specialized knowledge may serve on the board of advisors for a professional reference publication dedicated to the criminal justice system and the mentally ill. Opinion Number: 2001-07. July 1, 2001 Managing Editor Regular Newslast_img read more

Rojas gets key hit as Marlins beat deGrom, Mets 5-3

first_img Written By Miguel Rojas hit a tiebreaking RBI single during Miami’s four-run sixth inning against Jacob deGrom, and the Marlins beat the New York Mets 5-3 on Monday.Garrett Cooper and Brian Anderson homered for Miami, which had dropped four in a row. Trevor Rogers pitched five effective innings for his first major league win, and Brandon Kintzler worked the ninth for his seventh save.Marlins second baseman Jonathan Villar made a diving catch in shallow center to rob the Mets of a run in the fifth, and then was replaced by a pinch hitter in the sixth. He was traded to Toronto for a player to be named.New York lost its fourth consecutive game. Robinson Canó homered, and Jeff McNeil also had two hits and an RBI.DeGrom, the two-time defending NL Cy Young Award winner, carried a two-hit shutout into the sixth. Cooper then got Miami on the board with a leadoff drive, and Matt Joyce reached on an error by first baseman Pete Alonso.Joyce scored the tying run on Lewin Diaz’s one-out double, and Rojas’ two-out single brought home Diaz. Jorge Alfaro followed with an RBI double.Only one of the four runs charged to deGrom (2-1) was earned. The right-hander hadn’t allowed four runs in an inning since he gave up five runs in the second against Milwaukee on April 26, 2019. He actually lowered his ERA from 1.80 to 1.76.Brian Anderson hit a leadoff drive in the eighth for the Marlins, who stole four bases in five attempts.Rogers (1-0) allowed five hits, struck out five and walked two in his second career start. Kintzler worked around a leadoff single for Andres Gimenez in the ninth.The Mets scored both runs against Rogers in the third. Amed Rosario and Brandon Nimmo started the inning with a pair of walks. It was the first walk in 101 plate appearances this season for Rosario, who scored on McNeil’s double.Nimmo trotted home on Dominic Smith’s sacrifice fly.Cano led off the sixth with his sixth homer. He went 2 for 4 to raise his batting average to .375.The game was a makeup of the contest postponed last Thursday when the Mets and Marlins took the field for 42 seconds of silence before walking off in a protest of racial injustice.ALFARO’S HEADS UP PLAYMarlins catcher Jorge Alfaro made an unusual dash for third base in the third inning. Rosario, at first base, took off as Rogers delivered a full-count pitch to lefty hitting Brandon Nimmo. The Marlins’ infield, already shaded to the right with Nimmo up, followed Rosario. Nimmo drew the walk and Alfaro immediately sprinted towards the vacated third base to ensure Rosario didn’t try to advance.HELLO AGAIN HUNTERMets right-hander Hunter Strickland was recalled from the team’s alternate training site prior to the game and tossed a scoreless seventh inning. It is the second Mets stint of the season for Strickland, who made the opening-day roster, but was designated for assignment on July 30 and outrighted to the alternate site on Aug. 3.TRAINER’S ROOMMarlins: 1B Jesus Aguilar (back) did not travel with the team for the makeup game. He has missed the last four games.Mets: INF/OF J.D. Davis (left hip) didn’t play after exiting the second game of Sunday’s doubleheader against the Yankees in the seventh inning. Manager Luis Rojas said Davis was still feeling the effects of being hit in the hip by an Aroldis Chapman fastball on Saturday. … LHP Steven Matz (shoulder) and RHP Dellin Betances (lat) were expected to see team doctors Monday.UP NEXTMarlins: RHP Elieser Hernandez (1-0, 3.04 ERA) is scheduled to start Tuesday night against the Blue Jays in the opener of a two-game set.Mets: Rojas said he doesn’t know who will start the opener of a two-game series in Baltimore on Tuesday night — or Thursday’s makeup game against the Yankees at Citi Field.Image credits: AP SUBSCRIBE TO US Associated Press Television News First Published: 1st September, 2020 07:18 IST LIVE TVcenter_img FOLLOW US WATCH US LIVE Last Updated: 1st September, 2020 07:18 IST Rojas Gets Key Hit As Marlins Beat DeGrom, Mets 5-3 Miguel Rojas hit a tiebreaking RBI single during Miami’s four-run sixth inning against Jacob deGrom, and the Marlins beat the New York Mets 5-3 on Monday COMMENTlast_img read more