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Investors must ‘move beyond talking’ on climate risk disclosure – AODP

first_imgHe added that the writing was on the wall regarding transparency, and that leaders in the field were already fully disclosing all risks associated with climate change.“It’s time to accept the inevitable and embrace this change,” Poulter said.The warning came as the UK’s Prudential Regulation Authority warned that pension funds should not underestimate their fiduciary duty to consider the financial risks of climate change.In a report aimed at the insurance industry and launched by Bank of England governor Mark Carney, it outlined lawsuits brought in the US against pension trustees for failing to consider the financial risks associated with the “structural decline” of the coal industry.In a speech at Lloyd’s of London on Tuesday, Carney referenced the US lawsuits.“Cases like Arch Coal and Peabody Energy – where it is alleged the directors of corporate pension schemes failed in their fiduciary duties by not considering financial risks driven at least in part by climate change – illustrate the potential for long-tail risks to be significant, uncertain and non-linear.“These risks will only increase as the science and evidence of climate change hardens.”The AODP and ClientEarth previously warned that pension funds falling behind on climate-risk mitigation risked breaching their fiduciary duty. Institutional investors have been urged to back the “inevitable” shift towards even greater climate-risk transparency to protect investments against climate change risks.The Asset Owners Disclosure Project (AODP) said it was time for investors to “move beyond the talking” when it came to tackling the risk associated with climate change.Its chief executive Julian Poulter added that those leading the organisation’s index on climate-risk disclosure had proven investments could be protected “against a carbon crash and still make money”.“It’s time to focus attention on those laggards who are digging their heels in – some for ideological reasons and some out of negligence,” he said. last_img read more

Beachside units for $30,000 offer investment opportunity twenty minutes from Townsville

first_img READ MORE Tropical treehouse with plenty of character CoreLogic data has found the median indicative gross rental yield for units in the suburb is 8.8 per cent, which is the highest in Townsville. More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020Elders agent Leah James, who is marketing the units, said she thought the rental yield in Nelly Bay was so high because of its proximity to the ferry terminal. “Because it’s got the ferry terminal there, it’s the most convenient location for people to be,” Ms James said. “People want to stay close by so it’s easy for them the next morning and they’re happy to pay more to be there.”Ms James said the units were a fantastic opportunity for people wanting to use the location frequently as holiday accommodation and rent it out for short term periods. “The best opportunity is for locals who want to use it on a regular basis,” Ms James said. “You can rent them for up to three months long term, otherwise short term holiday letting. “The units are located within a resort which offers on-site management, restaurant facilities, a pool, tennis court, and other facilities.”Nelly Bay is only a 20-minute ferry ride from Townsville, making it ideal for weekend trips away. This unit is on the market for $30,000 in Townsville’s highest rental yield suburb.BOASTING the highest indicative gross rental yield in Townsville, Magnetic Island’s Nelly Bay is a holiday paradise for tourists and Townsville locals. Three units in the suburb are currently on the market for $30,000, revealing an opportunity for investors to reap the rewards of short term letting. READ MORE CBD units are the cheapest they’ve been in over a decadelast_img read more

Eagles Middle School CC Results At Rising Sun

first_imgThe Jac-Cen-Del Junior High Cross Country teams ran in a three-way meet at Rising Sun with Shawe on Thursday (9/13) at the Ohio County Fairgrounds. The JCD girls’ team finished 3rd and the JCD boys’ team finished 2nd in the meet.Sept13@Rising SunCourtesy of Eagles Coach Steve Narwold.last_img

Twenty five former students come forward with new lawsuit against Tyndall, USC

first_imgAdditionally, Doe defendants 1 through 500, are alleged to have “engaged in a pattern and practice of ignoring complaints, failing to investigate sexual harassment and abuse complaints, deliberately concealing information from abuse victims as well as law enforcement and the Medical Board of California, and contributed to a sexually hostile environment on campus at USC,” according to the lawsuit. The identity and working capacities of these defendants are not yet known, but are said to comprise employees, agents or servants of USC who were under the University’s direct supervision. Content warning: This article contains explicit references to instances of sexual abuse, sexual harrassment, victim-blaming and harrassment based on gender and race. Twenty five former USC students have come forward with a new lawsuit against former campus gynecologist George Tyndall, the University and 500 unnamed defendants with working relationships to the University, a press release from law firms Arias Sanguinetti Wang & Torrijos and Janet, Janet and Suggs confirmed Thursday.  This brings the total to over 800 current and former students who have opted out of the $215 million class action settlement in January and who have filed lawsuits against USC and Tyndall, saying the University played a role in covering up about three decades of sexual abuse against patients at the Engemann Student Health Center.  In addition, the lawsuit turns to USC for letting Tyndall’s actions, “committed to satisfy [his] own prurient sexual desires,” continue for years while harboring knowledge of his actions by complaints from his patients.  “Despite the fact that USC has publicly admitted that it received numerous documented complaints of TYNDALL’s sexually abusive behavior dating back to at least the year 2000, and that such complaints are now known to have existed as early as the year 1988, USC actively and deliberately concealed TYNDALL’s sexual abuse of female student patients for years, continuing to grant TYNDALL unfettered sexual access to the young students in his and USC’s, care, all to protect Defendant USC’s reputation and financial coffers,” the lawsuit read.  “Throughout the litigation process involving George Tyndall, USC has been committed to resolving these lawsuits fairly,” the University wrote in a statement to the Daily Trojan Thursday. “Once the university is served with this lawsuit, it will review and respond to the allegations through the legal process.” In total, the suit includes 16 causes of action against Tyndall, USC and Does 1 through 500 — along with the request for a jury trial. center_img The lawsuit calls the defendant Tyndall “a serial sexual predator” who took advantage of his position to commit sexual abuses such as forcing patients to undress in his presence, photographing patients while they were unclothed, penetrating patients with unwashed hands and without personal protective equipment and making repeated comments that were meant to sexually harass and were racist and misogynistic in nature.  In the new lawsuit, defendants 1 through 500, along with the University, are alleged to have continually ignored complaints, deliberately concealed information to law enforcement and the Medical Board of California and contributed to “a sexually hostile environment on campus.” (Daily Trojan file photo) The Los Angeles Police Department launched a criminal investigation into Tyndall’s conduct in May 2018, leading to the L.A. County District Attorney’s office filing 29 felony counts against him, including 11 counts of sexual battery by fraud of 16 different women from 2009 to 2016. The plaintiffs, identified as Jane Does 138 to 162, have filed complaints that span almost the entirety of Tyndall’s tenure at USC, ranging from undergraduate and graduate students who attended the University from the late 1980s to 2017, a year after Tyndall was placed on leave pending an investigation into his conduct. While the LAPD’s investigation is still pending, the civil suit allows the plaintiffs to bring action against Tyndall’s misconduct and under the Tom Bane Civil Rights Act under California civil code, which prohibits discrimination, intimidation or coercion based on a protected class that threatens the individual’s enjoyment of their personal and constitutional rights. “USC paid more attention to its own financial gain and chose to protect a sexually deviant doctor instead of thousands upon thousands of women who trusted USC over the course of decades,” the press release read. “USC’s conduct empowered Tyndall to be an abusive predator for decades.”last_img read more

Local GAA fixtures

first_imgThis afternoon the Garda College play host to Mary Immaculate of Limerick in the Higher Education Senior Football League. Throw-in is at 2 o’clock.In Munster Post Primary action Clonmel High School take on West Limerick in Round 1 of the Corn Ui Mhuiri Football. That game is on in Claughan.In 18.5 D Football St Ailbes of Tipp Town travel to Cratloe to face Kilrush Community College while Colaiste Mhuire of Thurles and Colaiste Chraoibhin of Fermoy meet in Dunesk. Finally in 16.5 C Hurling Scoil Ruain of Killenaule will take on St Augustines of Dungarvan in Ballymacarbery.All of those games start at 1.30.last_img read more

Jordan Ayew trends on British twitter as Palace fans back him to win POTY award

first_img pic.twitter.com/DpMkmURBo4— 🪐 (@RoiIionpapi) April 26, 2020 The absence of football across the world hasn’t stopped fans from generating conversations about the game.The future of the 2019/2020 Premier League season may be uncertain, but fans are still very much interested in what has transpired so far.It’s safe to say Crystal Palace’s Jordan Ayew didn’t expect to wake up and find his name trending on twitter on Sunday morning, but that was the case.Ayew  trended for hours on British twitter due to a strong campaign from Crystal Palace fans pushing for the Ghana international to be named the Club’s player of the year. Ayew only joined Palace on a permanent deal at the start of the season, and tops the club’s scoring charts with 8 goals to his name so far this season, as well as picking up 2 Player of the Month awards, (August and October).The 27 year old has produced some sensational match winning performances this season and that certainly hasn’t gone unseen by the Palace faithful.Its still uncertain whether or not Premier League clubs will hold their respective end of season awards, but even if that doesn’t happen, Ayew is already a winner in the hearts of Crystal Palace fans.last_img read more