Britain’s leading asset manager to divest ExxonMobil, Korea Electric from some of its funds

first_imgBritain’s leading asset manager to divest ExxonMobil, Korea Electric from some of its funds FacebookTwitterLinkedInEmailPrint分享Reuters:Britain’s biggest asset manager has removed ExxonMobil and four more companies from its 5 billion pounds ($6.3 billion) Future World funds, and said it would vote against their chairs for failing to confront the threats posed by climate change.Legal & General Investment Management (LGIM), the fund arm of insurer Legal & General which has 1 trillion pounds under management, has been among the most vocal asset managers on climate risks, and will also divest from Hormel Foods, Korea Electric Power Corp, Kroger and Metlife.The divestment applies only to LGIM’s Future World funds, which it says are set up for clients who want to express a conviction on environmental, social and governance themes.“In all other LGIM (non-Future World) funds that remain invested in those companies that have not met our criteria, we will vote against the election of the chair of the board,” said Meryam Omi, head of sustainability and responsible investment strategy at LGIM. “We can vote against the chair on any number of issues, so to do so because of a single issue such as climate change sends a powerful message to companies that they should be raising their standards in this area.”As part of its Climate Impact Pledge, launched in 2016, LGIM has sought to engage with the largest companies in the oil and gas, mining, electric utilities, autos, food retail and financial sectors on climate change and said it would take action.“ExxonMobil Corporation has not met our key minimum requirements, including on emissions reporting and targets,” LGIM said in its report. LGIM said Exxon lagged behind European peers such as Equinor, BP and Shell which better disclose their company’s potential climate risks.More: Investor LGIM dumps ExxonMobil from its Future World fundslast_img read more

Big Agnes Shovelhead: The Jacket That Warms Like a Sleeping Bag

first_imgAt some point, most of us have awoken while camping and snuggled back into the sleeping bag thinking, “I do not want to crawl out of this warm bag and face the cold morning.” Your thoughts may have progressed a step further to leave you thinking, “Wouldn’t it be great if my puffy jacket was as warm as my down bag?” Look no further than the Big Agnes Shovelhead DownTek Jacket.Through the years, I have owned at least three Big Agnes sleeping bags and pads as well as a couple of tents. What has always defined the brand for me has been an uncompromising workmanship and attention to detail and functionality. Continuing in this tradition, Big Agnes hit a home run with the Shovelhead Jacket, its debut into the world of clothing.First the specs. The Shovelhead features a 700 fill power DownTek down, which is a water repellent down, covered by a wind and water resistant nylon outer, perfect for snowy or cold and rainy conditions. The inner-construction of the jacket is created to prevent the down from shifting around and facilitates uniform heat distribution. If you have ever owned a poorly constructed down jacket or sleeping bag, then you know that down shift reduces uniformity of warmth.Functionally speaking, the pockets are well placed to allow you to warm your hands and stash snacks and the waist cord keeps winter weather and cold out. The Shovelhead has thumb holes and elastic cuffs to keep hands warm. The cut of the jacket is very flattering and draws compliments and stares of envy. The Shovelhead is ultra-lightweight for such a warm jacket, and allows the wearer to remain comfortable and warm while wearing it in temperatures ranging from the 40’s to single digits. Despite my efforts to identify one, there are no apparent areas of improvement.If you are looking for a down jacket to keep you warm this winter, and many winters to come, get a Big Agnes Shovelhead DownTek jacket.MSRP $249.00last_img read more

Seahawks and Boeing Announce The Bridge Music Project as Final 2018…

first_imgFacebook40Tweet0Pin0Submitted by The Bridge Music ProjectThe Seattle Seahawks and Boeing announced today the final local organization to receive 2018 Seahawks home game tickets as part of the Legion of Youth Powered by Boeing (LOY) program. The Bridge Music Project of Thurston County has been selected as the eighth and final organization for the 2018 season, joining seven other local youth organizations that were announced earlier this season. The eighth spot was held open for fans to submit nominations of deserving organizations in their communities. The Bridge Music Project supports music and songwriting programs that mentor youth to use music and songwriting as tools to deal with life’s challenges.Photo courtesy: The Bridge Music ProjectYouth involved in The Bridge Music Project will receive 100 tickets for participants and their chosen guests to attend the Dec. 2 Seahawks home game versus the San Francisco 49ers. The group was invited to attend Seahawks practice at the Virginia Mason Athletic Center today, where they were surprised with the news by Seahawks LB KJ Wright, who helped Boeing and the Seahawks choose the group as part of the selection committee.This year, the Legion of Youth Powered by Boeing program received more than double the nominations for this final spot compared to last year. Because of the volume and quality of nominations from the community, the Seahawks and Boeing selected six additional organizations from this year’s nominations to participate in the 2019 LOY program. They will be announced next year.“The Seattle Seahawks and Boeing are both a large community presence here in the Northwest. To have them acknowledge the work we do to empower youth through music is a huge honor. This sends the message to our youth that they matter and their voices deserve to be heard,” said Bobby Williams, Executive Director of The Bridge Music Project.“Boeing is proud to partner with the Seahawks, a team so many of our employees are passionate about, to help provide this unique experience to local kids who are working hard to the do the right thing,” said Kevin McAllister, President and CEO of Boeing Commercial Airplanes. “Empowering local youth is part of our commitment to giving back to the local communities where our employees live and work.”The Seahawks and Boeing are committed to helping provide safe, healthy activities for local youth. The Legion of Youth Powered by Boeing program is designed to recognize and reward students who are committed to their school work, demonstrate leadership, and are active in the community. It also recognizes kids who may be facing difficult challenges and need a positive boost.Started in 2014, the Legion of Youth Powered by Boeing program seeks to empower youth in Washington by providing Seahawks game tickets to community organizations that serve kids throughout the Northwest. LOY provides 100 game tickets to a group or organization each regular season home game.The 2018 recipients are as follows: 23 vs. Dallas Cowboys: Nerdy Girls7 vs. Los Angeles Rams: FIRST Washington4 vs. Los Angeles Chargers: Techbridge15 vs. Green Bay Packers: Work Force Development Center2 vs. San Francisco 49ers: The Bridge Music Project10 vs. Minnesota Vikings: Youth in Focus23 vs. Kansas City Chiefs: JUMA30 vs. Arizona Cardinals: Washington MesaFor more information or to apply for the program, visit For more information about Boeing’s partnerships and investments in Washington, visit The Bridge Music ProjectThe Bridge Music Project (The Bridge) is a Thurston County based non-profit organization that teaches at-risk youth how music and writing can be used as tools to deal with life’s challenges. This is done through songwriting workshops where youth work together to write, record and perform original music that shares their stories. Many of the youth participating in The Bridge have experienced challenges such as foster care, homelessness and incarceration. For more visit www.bridgemusicproject.orglast_img read more

Quality of Life, Culture Attracts Advertising Firm to RB

first_imgBy John BurtonThe Sawtooth Group partners are, from left, Jay Quilty, Kristi Bridges and Bill Schmermund.RED BANK — The Sawtooth Group has found a new home in the borough where employees’ creative work can flourish and their quality of life has improved.Sawtooth, an advertising and marketing firm, relocated in June from Woodbridge, N.J. to about 20,000 square feet of space at 141 West Front St. in Red Bank.The move, the company’s partners said recently, made sense for them, given the work they do. “It’s important for us to be downtown,” said Jay Quilty, one of the partners.There is vitality, an energy that comes from being part of a downtown community, as opposed to simply working out of an office park, he said.“It’s a real difference,” between their former offices and Red Bank, said Quilty, who commutes from Bucks County, Pa. “You don’t walk in the suburbs.”Sawtooth employees had been working in two connecting offices in Woodbridge. The sprawling township with 100,000 residents has a mix of industrial, commercial and retail complexes, along with residential communities and is intersected by a number of major roadways.While Quilty and his partners, Kristi Bridges and Bill Schmermund, realize the Middlesex County location offered a centralized destination for employees and clients, it lacked amenities they wanted, such as a vibrant cultural scene in town and the natural light that was missing in their old offices, Bridges said.The former site “didn’t do anything for us,” said Bridges, who is the firm’s creative director.When the partners searched for a location to combine operations from the two separate spaces in Woodbridge, they knew they needed to meet their needs on both professional and personal levels.That led them to Red Bank and the fit has been successful.“People are really into Red Bank,” Quilty said, as Sawtooth Group’s approximately 70 employees can explore the culture and entertainment avenues the community provides.They have found that also has helped stoke the creative process, which is at the heart of what the Sawtooth Group does.“Building brands and making them irresistible to the customers” is what the company does, said Quilty, who heads up client services for the firm.“We try and tell a truth” about a product they have been charged with creating an image for or rebranding, he said.That is done, in part, by “connecting as an emotional image,” said Schmermund, Sawtooth’s chief executive officer.“The brand and the customer kind of mirror each other” when they are successful, Bridges said.The company’s challenge for one of its current bigger clients, McCormick’s herbs and spices, is how to reintroduce what is really a venerable product to a new generation or to re-engage former customers.“There is no one size fits all” approach to their business, Quilty noted, as the firm looks at an increasingly segmented media landscape — TV, radio, print, social media — to come up with the strategy that would best work for their clients’ goals.“We have message strategies to meet all of those segments,” Quilty said.“What’s the secret stuff?” he asked. “It starts with meeting with the clients. What’s fun and challenging is where these messages are going to show up.”Advertising, like many other industries in a time of rapidly changing technology, is “in a state of flux now,” Quilty acknowledged. But, he said, the core components remain the same. “You start with a business problem and a challenge … and you use creativity to make them fall in love with the product.“I find that interesting,” he said.That’s what keeps Quilty and his partners in the game.“It’s a great way to make a living,” said Bridges, a Rumson resident, who has spent her career in advertising. “It’s not easy. It can be very hard but I love it.”It’s all about keeping it interesting — whether it is the work, the location where the work is done or even the company’s name. Started by Schmermund, who lives in Holmdel, about 24 years ago, Sawtooth Group was named after a mountain range in Idaho. “We wanted a conversation starter,” he said.“Sometimes names are something that have a feel,” Quilty said.last_img read more


first_imgPRESTIGIOUS OAKS, TO BE RUN AT 1 ¼ MILES ON TURF, IS FINAL GRADE I EVENT OF 2016 Lady Valeur–Rafael Bejarano–121Stays in Vegas–Flavien Prat–121Dreamarcher–Luis Contreras–119How Unusual–Alex Solis– ALT–119Cheekaboo–Mike Smith–121Sassy Little Lila–Luis Saez–119Decked Out–Kent Desormeaux–121Queen Blossom–Joel Rosario–121Norris–Victor Espinoza–119Sheeza Milky Way–Brice Blanc–ALT–119Dynamic Mizzes K–Corey Nakatani–119Barleysugar–Tyler Baze–119Mokat–Drayden Van Dyke–121First post time on Saturday is at 12:30 p.m. Admission gates open at 10:30 a.m. For additional racing information, including scratches, changes and morning line, please visit ARCADIA, Calif. (Dec. 28, 2016)–Trainer Jerry Hollendorfer’s Stays in Vegas heads a wide-open field of 13 sophomore fillies Saturday in Santa Anita’s Grade I, $300,000 American Oaks, to be contested at a mile and one quarter on turf. The Oaks, which has been carded as the eighth race on a nine-race New Year’s Eve program, will serve as North America’s final Grade I event in 2016.Also prominent in Saturday’s Oaks are trainer Keith Desormeaux’s Decked Out, trainer Richard Baltas’ Mokat and Queen Blossom, an Irish-bred who will be making her U.S. debut for trainer Graham Motion. STAYS IN VEGAS: Sent from the gate in the Grade I, one mile turf Matriarch at Del Mar on Dec. 4, this Kentucky-bred filly by City Zip just missed, as she ended up third, beaten a head by multiple Grade I winner Miss Temple City. Although her lone win this year came six starts back in the one mile turf Grade III Senorita Stakes here on May 7, she’s been very consistent, amassing four third place finishes in 2016–all in graded turf stakes at a flat mile and at a mile and one eighth. While the mile and a quarter looms a question mark, Stays in Vegas looms extremely dangerous if she’s allowed to set a soft pace under Flavien Prat. Owned by Jim and Janet Rome’s Jungle Racing, LLC, KMN Racing, LLC or LNJ Foxwoods, she is 12-5-1-4 overall with earnings of $418,934. MOKAT: An emphatic 3 ¾ length winner of the Grade II, one mile turf San Clemente Handicap three starts back on July 23, she was subsequently fourth, beaten three quarters of a length in the Grade I Del Mar Oaks Aug. 20. Following that, she ran an even fifth at 11-1 in the Grade I, 1 1/8 miles turf Queen Elizabeth Cup Oct. 15 at Keeneland. A Kentucky-bred filly by Uncle Mo, she’s owned by J K Racing Stable, LLC and will be ridden for the first time by Drayden Van Dyke, who will likely stalk the early pace. With an overall mark of 11-2-2-2, she has earnings of $318,040.center_img DECKED OUT: A dedicated deep closer, Decked Out comes into the American Oaks as a fresh horse, having been rested since running a better than looked 12th in the Grade I, 1 ¼ miles turf Rodeo Drive Stakes here on Oct. 1. Second, beaten a head two starts back in the Grade I, 1 1/8 miles turf Del Mar Oaks on Aug. 20, this Kentucky-bred filly by Street Boss has kept good company in 10 starts this year and seems a good fit at the distance, particularly if there’s a live pace. Her only win this year came six starts back in Santa Anita’s Grade III Providencia Stakes at 1 1/8 miles on turf April 9. Owned by Voss, Big Chief Racing, LLC and Head of Plains Partners, LLC, Decked Out will be ridden back by Desormeaux’s Hall of Fame brother, Kent, who has guided her to both of her lifetime wins. QUEEN BLOSSOM: Lightly raced in her native Ireland, she has two wins from five starts and has been idle since well beaten in a Group III stakes at a mile and a quarter on turf May 11. Ensconced for the past several months with Motion at Fair Hill Training Center in Maryland, she has a late running style that should be effective at the Oaks distance of a mile and a quarter. Of great benefit is the fact that top eastern-based rider Joel Rosario will ship west to ride for owners Team Valor International, LLC and Gary Barber. THE GRADE I AMERICAN OAKS IN POST POSITION ORDER WITH JOCKEYS AND WEIGHTSRace 8 of 9                                                                                                          Approximate post time 4 p.m. PDTlast_img read more

‘Aliens in London would be more likely!’ Foxes will NOT defend title – Ranieri

first_img1 Claudio Ranieri insists he is unlikely to get his hands of the Premier League title again Leicester City manager Claudio Ranieri believes it is more likely that aliens will land in London than the Foxes will defend their Premier League title this season.The Italian expects big-spending Manchester City, Manchester United and Chelsea – all also boosted by the arrivals of new, top class, managers – to mount strong challenges after they all faltered last season.Leicester go to Hull on Saturday to start the defence of the shock league crown, which they won last season by an unprecedented runaway ten points, having been 5000-1 shots at the beginning of the campaign.But Ranieri, who signed a new contract until 2020 on Wednesday, has already dismissed their chances of retaining the title and believes extraterrestrials arriving in the capital is more likely.“It’s easier for ET to come to Piccadilly Circus,” he said. “I work to be safe and continue to build a team, anything more that happens is fantastic.“It is normal that we can’t win the league. For this reason I say the bookmakers must do 6,000-1.“It is impossible. It is more difficult than last season.“Of course they [Leicester’s title rivals] are stronger because they can’t make a mistake another year.“They lost one season and in the life of those big teams that can happen but, altogether, it only happens once in lifetime.“I am very curious, all the world is curious, what will happen with Leicester. I am very curious to see where we finish.“Of course the big teams are ready to fight for the title, we are ready to defend our title but we know it is a difficult gap, last season we made something unbelievable.“But now the big teams will come back, I am sure.”last_img read more


first_imgTrade unions Unite and Mandate claim that 10% of people in Ireland are suffering food poverty – and Donegal is the worst-hit.The unions are demanding immediate Government aid for poverty relief organisations to help.In a county-by-county report produced today, they say that Donegal is the worst-hit with one-in-nine people affected in the county with the lowest income levels. The two unions want the Government to provide immediate aid to organisations providing food assistance to enable them to cope with Christmas demand.Unite Regional Secretary Jimmy Kelly said: “Food poverty in Ireland today is part of a policy-made disaster – austerity, and the collapse in incomes it has brought in its wake.“Organisations providing food assistance are stretched to their limits, which is why we are calling on the Government to immediately make €10 million available to such organisations,” he said.DONEGAL IS WORST-HIT BY FOOD POVERTY SAY UNIONS was last modified: December 15th, 2013 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Serious Energy’s Challenging Start to 2012

first_imgUPDATED 3/21/2012 with a link to a story about deceptive marketing claimsOn January 2, an early morning explosion and fire destroyed the Omniglass factory in Winnipeg. Owned by energy efficiency specialist Serious Energy, the factory made fiberglass window and door components for Norwood, Thermotech Fiberglass, Accurate Dorwin, and Fibertec.No employees were hurt in the fire, although four firefighters suffered minor injuries. Longer-term prospects for the plant’s 65 employees and the clients who relied heavily on Omniglass for components, however, are still up in the air. In an article posted on February 14 by the Winnipeg Free Press, industry sources told the paper that it seems unlikely that the facility will reopen. But Valerie Jenkins, vice president of marketing at Serious Energy, told GBA that the company is exploring several options and hopes to be able to announce details in a couple of weeks.Serious Energy had purchased the plant from its founder, Laurie Davies, in 2010, the Free Press noted. Ominiglass clients told GBA that the hardships caused by the destruction of the plant have rippled well beyond the job-loss miseries in Winnipeg and now afflict the operations of the window and door companies. “It has been difficult to deal with the situation, but we have sourced out some suppliers and we hope that we will continue to produce the quality of product that we always done in the past,” Daniel Melanson, sales manager at Norwood, wrote in an email to GBA.Doug Nowlin, of Accurate Dorwin (also based in Winnipeg), said that the company is preparing to resume supplying its customers with its fiberglass-frame 325 Series windows, in an improved version, in about 70 days.Turmoil returns in ChicagoAnother, more widely reported news story involving Serious Energy focuses on its plan, announced last week, to close its 268,000-sq.-ft. window factory Chicago, which employed about 50 workers. In a statement, the company said that “ongoing economic challenges in construction and building products, collapse in demand for window products, difficulty in obtaining favorable lease terms, high leasing and utility costs and taxes, and a range of other factors unrelated to labor costs, have compelled Serious to cease production at the Chicago facility.”Serious Energy has expanded its repertoire from new-construction and retrofit products, such as its SeriousWindows and SeriousGlass lines, to soundproofing drywall to, more recently, a range of services designed to help building owners and operators increase the energy efficiency of their properties.One of the company’s most high-profile projects involved a window-system upgrade for the Empire State Building, and included reusing the building’s existing glass. Initially, at least, the scene on February 23 at the company’s window factory in Chicago, Republic Windows and Doors, echoed the situation at the factory in December 2008, when Bank of America cut off Republic’s credit, prompting its management to summarily fire all 250 of the factory’s workers, without severance pay or a benefits extension. The workers protested by refusing to leave the factory, a move that sparked media coverage and prompted the bank to give the factory a chance to court a new owner.Serious Energy stepped upThe shutdown this time around prompted yet another occupation of the factory. As a recent blog posted by The Nation points out, though, this occupation was far more swiftly deployed. Serious Energy soon agreed to a 90-day stay, the workers are back at work, and they are looking at options, including a fund-raising initiative, that would allow the them to buy the plant and run it as a worker-owned co-op. Things could go either way on this, obviously, but there is at least hope that Republic can avoid disappearing from the landscape.Update: Serious Energy faced still another hurdle when the company was forced by the FTC to stop making deceptive claims about the energy performance of its windows.last_img read more

Fitbit continues spending spree with acquisition of Vector

first_imgRelated Posts Follow the Puck How Myia Health’s Partnership with Mercy Virtua… David Curry Fitbit has extended its spending spree with the acquisition of luxury smartwatch maker Vector, a European startup that entered the market less than a year ago.The startup has been acquired for an undisclosed price and according to TechCrunch, Fitbit is interested in the software platform and design team, not for its craftsmanship.See Also: How to use your wearable’s VO2 max feature in your fitness routineVector wanted to combine the watchmakers of Romania with the “business smarts” of London to craft a real luxury smartwatch. To that end, it launched an e-ink smartwatch last year that has 30-day battery life and is compatible with Android, iOS, and Windows Phone.The smartwatch was well received, but Vector did not release sales figures and revealed that it won’t launch any more smartwatches under the brand. The smartwatch will continue to work, but Vector will not actively work on new updates for it.Fitbit wants one of everythingFitbit has been picking up a few notable smartwatch firms, including Pebble, the Kickstarter darling that raised over $15 million on the platform to sell its wearables. Like Pebble, Fitbit will be taking in all of the talent from the startup.According to a report from The Financial Times, Fitbit even attempted to acquire its longstanding rival Jawbone for an amount much lower than its $1.5 billion valuation.The wearable market is not moving as fast as some analysts predicted a few years ago, leading to the devaluation of some startups in the industry. Fitbit, the goliath of the wearable market, might see this as the perfect time to pick up startups at a fraction of what they were worth a few years ago, even if it is just for the talent.center_img Why IoT Apps are Eating Device Interfaces Tags:#Fitbit#fitness tracker#smartwatch#Vector#wearable Internet of Things Makes it Easier to Steal You…last_img read more