29 Sep

More than 70 Dutch schemes back sustainable investment covenant

first_imgThe document has been signed by the Netherlands’ ministries for finance, foreign trade and development co-operation, and social affairs and employment.The signatories also include charities Oxfam Novib, PAX, Amnesty International Netherlands, Save the Children Netherlands, World Animal Protection and environmental organisation Natuur & Milieu.The signatories said they would co-operate on six projects – to be announced next year – aimed at boosting the impact of pension funds.The development of the covenant for sustainable investing for pension funds was co-ordinated by the Social and Economic Council (SER), which has supported similar agreements with insurers and banks.The pension fund of chemicals giant DSM and KLM’s scheme for ground staff have already announced that they have signed the document.The €1.6bn Pensioenfonds Gasunie said that it may sign if the – as yet unknown – participation costs turn out to be reasonable.The signatories must factor the OECD guidelines – stipulating how pension funds must trace and report risks – into their ESG policy within two years.A yet-to-be-established monitoring committee will check how schemes honour their commitments. More than 70 large Dutch pension funds with combined assets of almost €1.2trn have signed a covenant with NGOs, trade unions and the Dutch government pledging worldwide co-operation on sustainable investment.The aim of the agreement is to exert worldwide influence on policies and outcomes related to human rights, labour conditions and the environment through pension funds’ combined investment clout.By mapping risks and negative impacts of investments, based on the UN’s Guiding Principles for businesses and human rights and OECD guidelines, companies must provide pension funds with a better picture of where human rights violations and environmental damage occur.This would enable pension funds to mitigate risks and use their influence for solving problems, using the expertise, experience and networks of the other participants in the covenant.last_img read more

16 Aug

‘Miracle On Ice’ forward Mark Pavelich arrested for allegedly attacking neighbor with pole, report says

first_imgMark Pavelich, who was a member of the of the 1980 USA “Miracle On Ice” team and later played in the NHL, allegedly attacked his neighbor with a metal pole after the two went fishing, according to the Duluth News Tribune.He was arrested Monday on charges of second- and third-degree assault, possession of an illegal shotgun and possessing a gun with a scratched off serial number in a Minnesota District Court. His bail is set at $250,000. Pavelich, 61, was ordered by a Minnesota judge to undergo a mental health evaluation to stand trial. The results of Pavelich’s mental health exam have to be reported to the court within 60 days in advance of a competency hearing, according to the Tribune.”There is reason to doubt (Pavelich’s) competency,” wrote Judge Michael Cuzzo in court order for the evaluation on Monday. Related News Capitals executive scores with $1M in Powerball winner The victim, James T. Miller, 63, claims Pavelich struck him with a 3- to 4-foot-long metal pole after the former hockey star accused Miller of “spiking his beer,” according to the criminal complaint, which was obtained by the Minnesota Star Tribune. Miller returned to his home but was going “in and out of shock.”Miller was hospitalized and he reportedly suffered two cracked ribs, a bruised kidney, a fracture to one of his vertebrae and several bruises across his body.Pavelich is expected to return to court Oct. 20.center_img Panthers to retire Roberto Luongo’s No. 1 jersey Pavelich was an integral member of Team USA’s 1980 squad that miraculously defeated the four-time defending gold medalist Soviet Union. The U.S. went on to win the gold medal, and the victory was dubbed “Miracle on Ice.”After his Olympic victory, Pavelich went on to play six full seasons in the NHL. He spent five years with the Rangers, scoring 99 goals in his first three seasons, before joining the Minnesota North Stars in 1986-87. He had a brief pro stint in Italy, but then returned to play two games with the San Jose Sharks in 1991-92.last_img read more

14 Aug

Steelers vs. Bills player prop bets, over/under odds, picks for ‘Sunday Night Football’

first_imgBuffalo and Pittsburgh would make the playoffs if the season ended today, but the Bills and Steelers are both in a precarious position. The Bills are 9-4 and one game ahead of both the Steelers and the streaking Tennessee Titans, but they have to play at New England next week and could fall behind both the Steelers and Titans with a loss on Sunday Night Football this week. Meanwhile, Pittsburgh is on its third string quarterback and will close out its season against Baltimore. The Steelers are hoping the Ravens have nothing to play for in the season finale, as they might need that win in order to reach the postseason.MORE: Get the latest NFL odds & betting trends at Sports Insider These are two of the best defenses in the NFL, so the player prop totals for this game are relatively low. Neither quarterback is expected to get anywhere close to 250 passing yards, and a 100-yard rusher or receiver would be surprising. Let’s take a look at the current betting odds below:Devlin Hodges over/under 196.5 passing yardsDuck Hodges took over for Mason Rudolph in the second half against Cincinnati three weeks ago, and he has held onto the starting job since that point. He isn’t killing the Steelers with costly interceptions like Rudolph was during his time on the field, but he isn’t lighting up the scoreboard either.Pittsburgh is asking the undrafted rookie out of Samford to be a game manager, and he has done that effectively. Hodges is capable of throwing it all over the field after breaking Steve McNair’s all-time passing yardage record last year, but Mike Tomlin just wants him to be somewhat effective and not hurt the team with turnovers.Hodges has yet to throw the ball more than 21 times in a game, but he is very likely to surpass that mark against the Bills. The Steelers are banged up at the skill positions with JuJu Smith-Schuster and Vance McDonald out, while James Conner and Jaylen Samuels are both questionable. He has two speedy receivers that he can hit over the top in James Washington and Diontae Johnson, so the over looks like the better play.Josh Allen over/under 215.5 passing yardsAllen is averaging 244.3 YPG through the air, but this Pittsburgh secondary is one of the best in the NFL with Minkah Fitzpatrick. Fitzpatrick has turned around the Steelers’ defense, and Pittsburgh is allowing opposing quarterbacks to throw for just 181 YPG since Week 4.The second-year quarterback out of Wyoming has had accuracy issues, and he has struggled against solid defenses. Allen has yet to throw for more than 270 yards in a game this season, and he has been held under 185 passing yards five times.His best games have been against terrible teams with porous defenses, so the under is the smart play here.Devin Singletary over/under 71.5 rushing YardsThe rookie out of Florida Atlantic has taken over the starting role from Frank Gore. Singletary is averaging 5.6 YPC, and he has been very effective in recent weeks. He has run for 4.8 YPC or more in six of his last seven games since winning the starting job from Gore, and he easily went over his total last week against Baltimore. Singletary will have plenty of opportunities to get over this number on Sunday. Sean McDermott will likely opt into playing a ball possession game with Pittsburgh since the Steelers are short handed on offense and starting a rookie quarterback, so the rookie should see an increased workload. He has proven he can stay on the field on passing downs too, and that will lead to a couple carries on third down.Josh Allen over/under 37.5 rushing yardsPittsburgh did an excellent job of containing Kyler Murray last week. Murray and Allen are almost neck and neck in rushing yards this season, and it’s likely that the Steelers employ some of the same tactics used to keep Murray in the pocket against Allen this week.Allen doesn’t have the accuracy to consistently beat you with his arm, but he can beat you with his legs. He is averaging 4.6 YPC on the season, so expect Pittsburgh to try to limit his runs.last_img read more