Australia’s second-largest retirement fund is divesting from thermal coal

first_imgAustralia’s second-largest retirement fund is divesting from thermal coal FacebookTwitterLinkedInEmailPrint分享The Sydney Morning Herald:Australia’s second-largest superannuation fund is preparing to dump its shares in companies that derive more than 10 per cent of their revenue from thermal coal mining as it embarks on the most aggressive immediate climate push of any large local investor.First State Super, which holds $130 billion [US$90 billion] in retirement savings, is distributing a new climate plan among its members detailing initiatives to shield their money from the threats of global warming, including setting a 30 per cent emissions-reduction target across its investment portfolio by 2023 and a 45 per cent cut by 2030.First State chief executive Deanne Stewart told The Age and The Sydney Morning Herald climate change posed the single biggest risk to Australians’ retirement savings, and superannuation investors must “take bold and decisive action now” to safeguard members’ long-term interests.“Climate change clearly poses the most significant risk to investment portfolios over the long term,” she said. “Why we are stepping it up to a much greater degree now is we see that risk front and centre in terms of the impact it is likely to have on investment returns for our members.”The most immediate direct action is to divest all its shareholdings of companies that mine thermal coal – the type of coal used in power generation – by October 2020. Although the plan does not specify which thermal coal miners will be divested, corporate records indicate First State held shares in ASX-listed Whitehaven Coal, Stanmore Coal, New Hope and Washington H. Soul Pattinson in 2019.The next phases of the fund’s strategy – a 30 per cent emissions cut across its entire listed equities portfolio by 2023 and 45 per cent by 2030 – are more immediate goals than those set by many other investors, whose targets stretch out to 2050.[Nick Toscano]More: Top super fund dumps coal miners as emissions cuts intensifylast_img read more

Run the Jackson River Scenic Trail Marathon

first_imgWe offer a Full Marathon this year along with a Half, 10k, 5k and 1 Mile Run. So, this fun event has something for everyone! The certified course will begin and end at the Intervale Trail Head on the Jackson River Scenic Trail in Covington, Virginia.The trail follows an old railroad bed of the Chesapeake and Ohio Railway. The course has a smooth crushed gravel surface and is mostly flat with some light hills. The trail follows its namesake river, winding its way through small communities, cultivated fields, and small patches of woodland. It’s common to see wildlife along the way.Unique Awards will be given to the top 3 overall male and female finishers in each event. Age group awards are determined by participation.The awards ceremony will be at Intervale Trail Head immediately after the race. Refreshments will be provided for all race participants. Take advantage of our Early Bird rates before May 6!last_img read more

Costa Rica Dismantles Narcotrafficking Network

first_imgBy Juan Delgado/Diálogo August 25, 2020 In early July, the Costa Rican Drug Control Police (PCD, in Spanish), with the cooperation of the United States and Colombian counterdrug authorities, dismantled a narcotrafficking ring that smuggled cocaine and marijuana by sea, air, and land to the United States and Mexico. During the Operation Air, authorities captured 12 people, all Costa Rican nationals, the Costa Rican Ministry of the Interior reported on its Facebook page.“Today [July 9], the Drug Control Police carried out 12 raids and arrested several people who are part of a criminal ring based in the country, but with branches in Colombia,” Michael Soto Rojas, Costa Rica’s minister of the Interior, said via Facebook.“This structure operated in Colombia, where it sent shipments of cocaine and marijuana mainly by water to the Costa Rican territory, and once in Costa Rican territory, they were stored and later shipped by air. They mainly operated in the South, Central, and North Pacific, and the organization was well established in that area,” Soto said.According to the Costa Rican site, narcotraffickers mainly used light or ultra-light aircraft to move the drug. The PCD and the Costa Rican Deputy Office of the Attorney General against Narcotrafficking and Related Crimes conducted the raids in the areas of Guanacaste, Heredia, Coronado, and in four cells of the Liberia correctional center, the news portal reported.The PCD determined during the investigation that the criminal organization had connections in Panama, Mexico, Nicaragua, and Honduras, in addition to having contacts in Colombia, the Argentine newspaper La Nación reported. Intelligence work also confirmed that the organization was using beauty salons, barber shops, and aerial spraying companies, while also renting large areas to grow citrus to justify its income, the newspaper said.According to the U.S. Department of State’s 2020 International Narcotics Control Strategy Report, Costa Rica is an important country for the transit of drugs from South America to the United States and Europe, due to its geographic location and its maritime territory in the Pacific Ocean and the Caribbean Sea.According to reports from, minister Soto said that from January to early July 2020, authorities have seized 25 tons of cocaine and marijuana, and he anticipates that the number could exceed the 40 tons seized in 2019.last_img read more

CUNA engaged as CHOICE Act process moves forward

first_img continue reading » 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The House Financial Services Committee will conduct a hearing on Rep. Jeb Hensarling’s (R-Texas) Dodd-Frank alternative bill April 26. The bill, the Financial CHOICE Act, contains a number of regulatory relief provisions.“CUNA appreciates Chairman Hensarling’s efforts to bring meaningful regulatory relief for the country’s financial institutions, including credit unions. Unnecessary, overly burdensome and duplicative regulations have significant impact on credit unions’ ability to provide safe and affordable financial services to their members.  And, credit unions have been making their voice heard on Capitol Hill on the need for common-sense regulations,” said CUNA President/CEO Jim Nussle. “CUNA and our state associations have been active and engaged in this process through ongoing dialogue about Choice 2.0 on behalf of credit unions with Chairman Hensarling and his staff.  We appreciate the openness with which they have operated.“While no bill of this size and complexity is perfect, the legislation includes a number of provisions that we believe would reduce credit unions’ regulatory burden allowing them to more fully provide their members with safe and affordable financial services,” Nussle added. “We are encouraged that the chairman intends to take the legislation through the Financial Services Committee, and we look forward to seeing this process progress.”last_img read more

What’s in a name: Vice President of Member Experience

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Christian Community Credit Union ($663.2M, San Dimas, CA) was an industry trailblazer when it dedicated a position to the member experience four years ago. The role started out at the assistant vice president level before evolving into a vice president position two years ago.Charlie Allen, who previously oversaw member services for the credit union, was singularly qualified to hold the role responsible for leading the charge to deliver a consistent member experience across all service channels. In fact, the credit union created the position for Allen.Today, Christian Community looks closely at the everyday interactions between employees and members to uncover ways to improve processes at a department level. And Allen is there every step of the way.“Two years ago, I began going into each of the member-facing departments to see what members and our own team were experiencing firsthand,” Allen says. continue reading »last_img read more

Governor Wolf Statement Regarding The Commonwealth Court’s Decision On Medicare Advantage Involving UPMC And Highmark

first_img May 29, 2015 SHARE Email Facebook Twitter Governor Wolf Statement Regarding The Commonwealth Court’s Decision On Medicare Advantage Involving UPMC And Highmarkcenter_img Government That Works,  Healthcare,  Human Services,  Results,  Seniors,  Statement Harrisburg, PA – Governor Wolf released the following statement regarding the Commonwealth Court’s decision on Medicare Advantage:“From the beginning, I have been very clear that I will not stand by and allow our most vulnerable citizens, especially seniors, to be used as pawns in the dispute between UPMC and Highmark.“UPMC’s decision to cancel Medicare Advantage for over 180,000 seniors was wrong, and today I am pleased that the Commonwealth Court ruled in favor of protecting seniors. The feud between these two companies must end – the people of Western Pennsylvania have had enough.“My administration will continue working tirelessly to protect consumers, especially seniors and vulnerable populations caught in the middle.”MEDIA CONTACT: Jeff Sheridan – 717.783.1116# # #last_img read more

Wolf Administration Awards $5.5 Million for Healthy Foods at Elementary Schools

first_img SHARE Email Facebook Twitter Wolf Administration Awards $5.5 Million for Healthy Foods at Elementary Schools Education,  Press Release Harrisburg, PA – Governor Tom Wolf announced today that more than 220 elementary schools will receive grants totaling almost $5.5 million to provide students with fresh fruits and vegetables during the school day.“Children are better prepared to learn when they have access to healthy food choices during their day,” Governor Wolf said. “By expanding breakfast programs, offering reduced-price meals and providing fresh produce, we’re improving the conditions to help students succeed.”The funding was awarded through the U.S. Department of Agriculture’s Fresh Fruit and Vegetable Program (FFVP). The program’s goals are to create healthier school environments by providing healthier food choices, expand the variety of fruits and vegetables students experience, increase fruit and vegetable consumption, and positively impact students’ present and future health. FFVP was first implemented in Pennsylvania in 2004 and expanded to all 50 states in 2008.“Fresh fruits and vegetables provide vital nutrients to growing children,” said Education Secretary Pedro A. Rivera. “These grants are another way to help address food security in our schools while also providing an opportunity to teach students how to make smart and nutritious choices.”Funding priority is given to the schools with the highest rates of students eligible for free and reduced-price meals. Grantees are required to spend a majority of their grant on the purchase of fresh fruit and vegetables and must develop a plan to establish partnerships to reduce other costs. Schools are also required to provide nutrition education to students but cannot use FFVP funding to purchase nutrition education materials.During his tenure, Governor Wolf has made combating hunger a priority. In 2015 he established the Food Security Partnership, a group comprised of the secretaries of the departments of Aging, Agriculture, Community and Economic Development, Education, Health, and Human Services; unveiled the commonwealth’s food security plan – Setting the Table: A Blueprint for a Hunger-free PA 2016; and introduced the Governor’s School Breakfast Initiative 2017.For a list of the 2019 grant recipients, visit PDE’s School Nutrition Programs website.center_img July 16, 2019last_img read more

Couple swap suburban life for penthouse luxury

first_img32/146 Prince Edward ParadeA PENTHOUSE with some of the best views in the bay has been sold for just over a million.The double-storey apartment at 32/146 Prince Edward Parade in Scarborough was the second biggest sale across the Redcliffe region when it sold for $1.08 million.The three-bedroom apartment has two-stories, each with a balcony that overlooks the bay.Agent for the sale Benjamin Hyrapietian from Kindred Real Estate said the home went to a local couple that sold their house to live in the high-rise.More from newsParks and wildlife the new lust-haves post coronavirus20 hours agoNoosa’s best beachfront penthouse is about to hit the market20 hours agoNever far from the water.“The interest in this one was extraordinary with the second level having a dedicated viewing deck,” Mr Hyrapietian said.The building which was originally built back in 2003 is mainly occupied by retirees and downsizers. The double storey unit has two balconies.Mr Hyrapietian said the unit market around Redcliffe was very different when you looked at different price points. “I think the middle of the range is suffering, but anything $750,000 plus is doing well,” he said. “$500,000 to $750,000 is struggling from oversupply.”The current median unit sales price across Redcliffe is $374,000.last_img read more

Retro-inspired Gold Coast home fetches $1.45 million

first_img15 La Scala Crt, Isle Of Capri.A RETRO-inspired Gold Coast home on the waterfront has sold for $1.45 million.An investor bought the sprawling Isle of Capri property at 15 La Scala Court earlier this week.Luxure The Property People – Isle of Capri principal Sonja Smith, who marketed the home, said its location was the biggest drawcard followed by its 1019sq m block size. 15 La Scala Crt, Isle Of Capri. 15 La Scala Crt, Isle Of Capri.“It has some really cool features,” Mrs Smith said.“It has a retro feel … so a lot of people loved that aspect of it.”Ms Smith said the buyer was living overseas but planned to move into the home in the near future.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 5:40Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -5:40 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, 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 Rate1xFullscreen The Market: Nerida Conisbee05:41She said they loved the “interesting architecture” and block size, which was ideal for their children.The home also has a pool and large outdoor entertainment area with views of the river and city skyline. 15 La Scala Crt, Isle Of Capri.center_img 15 La Scala Crt, Isle Of Capri.More from news02:37International architect Desmond Brooks selling luxury beach villa18 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago15 La Scala Crt, Isle Of Capri.“It had a lot of interest because it was one of the biggest blocks on the Isle of Capri,” Ms Smith said.“I would have had probably 60 to 70 groups through there.”It hit the market in October with a $1.725 million price tag, which was dropped to $1.525 million before it went under contract in early March.She said the sellers had refreshed and modernised home over the years, including adding a studio for teenage children, but maintained original architectural features, including louvred windows and high ceilings. 15 La Scala Crt, Isle Of Capri.last_img read more

Quality initiatives bear fruit

first_imgOn December 23 Jean Boutanquoi, Director of SNCF’s Ile-de-France commuter business, presented the first results of quality initiatives introduced last June after a survey of customer opinion. They are focused on personal safety, punctuality, passenger information and ticket retailing.At the end of December, the first 170 of 240 extra personnel went into service to help discourage crime and fare evasion on the Paris suburban network. Dressed in red or blue uniforms, the staff will also carry passengers’ bags, report faults in station escalators and lighting, and assist customers to find their way. Since October, SNCF has posted monthly punctuality figures at almost 200 Ile-de-France stations. On the northern sector of the network, the percentage of trains running late fell from 9% to 7% in seven months, but the goal of 5% may remain elusive as half of all delays are caused by malicious acts.Meeting SNCF’s national target of informing passengers of delays within five minutes is complicated by the fact that older rolling stock lacks public address equipment. Information screens are being tested on three RER Line C trainsets; elsewhere drivers and other on-train staff have been trained to make announcements.Ticketing innovations have included the introduction of a telesales service which aims to sell 10000 tickets a week and deliver them to customers’ homes. Since September 20, holders of the Carte Orange season have been able to renew their ticket at any Ile-de-France station. olast_img read more