AP7 challenges car industry over inaction on emissions transparency

first_imgSweden’s AP7 has warned of a lack of transparency within the car industry, after several of the world’s largest manufacturers failed to disclose details of their lobbying efforts over emissions legislation.Ford, PSA Peugeot Citroën (PSA) and Renault/Nissan are alleged to have failed to engage with an investor group worth £625bn (€842bn), which in October wrote to 10 car manufacturers requesting they disclose their contribution to lobbying work undertaken by the European Automobile Manufacturers’ Association (EAMA).The consortium – which includes three of the AP buffer funds, AP7, the UK’s Environment Agency Pension Fund and Finland’s Ilmarinen – did receive responses from seven companies, praising Toyota, Honda, General Motors and BMW for providing a “good degree” of information.But Charlotta Dawidowski Sydstrand, environmental, social and governance manager at AP7, said the lack of responses from several large companies revealed a problem within the industry. “From a long-term investor’s perspective, this is bad news,” she said. “Lack of transparency impairs the ability of the market to price risks properly.“AP7 wants to be reassured carmakers’ political lobbying activities are contributing to a safe climate, in turn protecting the long-term value of our portfolios.”Action by the coalition of investors came in the wake of Volkswagen’s admission last year that it used software to beat emissions tests.According to a statement released by ShareAction, the German car manufacturer responded to the coalition’s requests but “made no mention of the scandal and its implications in its response”.WHEB Group – which, alongside AXA Investment Managers, also supported the October letter – said the Volkswagen “debacle” had firmly established the importance of vehicle emissions, and that leading companies were capable of demonstrating “coherent” strategies.Seb Beloe, head of research at WHeB, added: “The lack of response from other companies including Nissan/Renault, Peugeot, Citroen and Ford raises real questions about the approach these companies are taking to this issue and potentially undermining their ability to maintain share in markets characterised by rapidly strengthening emission standards.”ShareAction, the UK charity that helped coordinate the letter, also noted that fellow German manufacturer Daimler only issued a one-line statement arguing there was “no reason to be concerned” by its involvement with the legislative process.The charity’s chief executive Catherine Howarth praised the asset owners backing the initial letter.“The investors that came together to question global automakers on their lobbying activities have done the wider market a service in helping identify those car makers that remain unwilling to come clean about this murky and increasingly risky aspect of their business,” she said.last_img read more

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Gold Coast House for Life charity home fetches almost $1 million at auction

first_imgThe House For Life at Helensvale’s The Surrounds sold under the hammer at the weekend.A GOLD Coast couple will cherish their new house more than most homeowners knowing the almost $1 million they paid for it will be donated to help sick and premature babies.Philip and Hayley Lakic claimed the keys to the Helensvale House for Life charity home at auction on Sunday after offering $986,000.They outbid 17 other registered bidders, including one interstate, with $1000 ultimately getting them over the line when the hammer came down.The Coomera couple said knowing the funds would be donated to the Mater Little Miracles, which assisted babies being cared for in the Mater Mothers’ Hospital’s neonatal critical care unit, was what encouraged them to get involved. RELATED: The Gold Coast home that will help save the lives of sick and premature babies Bidding started at $500,000. Philip and Hayley Lakic will call it home.“I think that’s what made us turn up,” Mr Lakic said.More from news02:37International architect Desmond Brooks selling luxury beach villa10 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago“It definitely makes it more satisfying to buy.”The Mater Little Miracles was an initiative close to their hearts as Ms Lakic’s grandmother used to sell charity home tickets for the foundation in the 1970s.“I didn’t really think about it when we came here — she sort of started it all,” Ms Lakic said. “She lives in a Mater home now.” MORE NEWS: Living life in a new light Celebrity auctioneer Damien Cooley led the auction.More than 60 volunteers donated their time and resources over eight months to build the Hamptons-style house. Hundreds of people gathered for its auction on Sunday.High-profile real estate agent Damien Cooley, whose sales include those on Channel 9’s The Block, flew to Queensland for the weekend to lead the event. He was constantly asked to get involved in charity auctions but said this one was special as one of his own children had been rushed into intensive care when they were born.“It’s not often you get the opportunity to sell a house and land that’s been donated and every single dollar goes to the charity,” he said.“It’s nice when you know that every dollar is going towards changing someone’s life.” Mater foundation fundraising executive director Lesley Ray said when the home opened last month that the project was a special initiative.“We’d sincerely like to thank Plantation Homes for their ongoing support of Mater Little Miracles and Villawood Properties, which has so kindly donated the land for this year’s campaign.” Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:20Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:20 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, 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 Rate1xFullscreen6 Australian wow homes that have just sold01:20 MORE NEWS: Mansion fetches whopping $8 million The couple said it would take a while for the news to sink in but they were excited to start their family in the home. “It’s a perfect location for us,” Ms Lakic said.The four-bedroom, four-bathroom house features an open-plan design, outdoor entertainment zone and pool. It was sold fully furnished.It is the eighth home built for the Mater foundation by Plantation Homes and the inaugural year Villawood Properties has donated the land. Hundreds of people attended the auction on Sunday. It fetched $986,000, all of which will be donated to the Mater Little Miracles.last_img read more

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Class Sports Strike Again

first_imgThis is not a blog on why we should have a one-system basketball tournament.  It is another story about what the results of that IHSAA decision caused.  As you have read on my blogs before, Indiana has most of the large high school field houses in the United States.  Two of these icons will possibly be gone in the very near future.  One of these icons is already not in use and the other will soon be abandoned.The 6,500 seat Muncie Central gym is literally rotting away.  In order to bring it up to code and safety concerns, it will cost the financially strapped Muncie school systems 3 million dollars.  They don’t have the money, and because of class basketball they don’t have the crowds to fill it.  The sensible thing is to sell the property and move on.The Wigwam in Anderson was a victim in 2011.  Rumor has it that it will be torn down in the very near future. There is no longer a need for a gymnasium that holds 9,000.  Besides the declining enrollment, there are not that many going to high school basketball games any more.Some of this information was obtained from an article in the Indianapolis Star.last_img read more

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Leising, Lyness, and Raatz coming to Brookville

first_imgBROOKVILLE, Ind. — Three state legislators will be visiting Brookville on Monday to gather public input regarding education.On Monday, January 16, Indiana State Senator Jean Leising, State Representative Randy Lyness, and State Senator Jeff Raatz, will be at the Franklin County School’s Administration Building.Both Leising and Raatz are members of the State Senate’s Committee on Education and Career Development.Leising has already authored several bills for the 2017 session regarding education including one to require schools to teach cursive writing, and another require teachers to assign letter grades to students in grades 1 through 12.Another bill authored by Leising would prohibit schools from starting before the fourth Monday in August, and another that would require the state to update its standards for health education.The meeting with the three state legislators will take place at 6 p.m. at the Franklin County Community School Corporation Administration Building in Brookville.The meeting is open to the public.last_img read more

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Area Volleyball Sectional Scores (10-15)

first_imgArea Volleyball Sectional ScoresTuesday (10-15)Class 1A-Sectional 62 @ Trinity Lutheran.Trinity Lutheran defeated Crothersville 25-5, 25-5, 25-7Class 3A-Sectional 29 @ Batesville.Batesville defeated Rushville 25-14, 25-16, 25-15Class 4A-Sectional 14 @ Bloomington North.Bloomington North defeated East Central 25-17, 23-25, 25-16, 26-24last_img

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Lambert: Injury break aided Benteke

first_imgAston Villa manager Paul Lambert believes Christian Benteke’s difficult start to the season may prove to be a blessing in disguise. A recent knee injury led to the striker having an extended break which Lambert reckons has helped spark his startling return to form recently. The Villa boss also revealed he has received no interest in Benteke from other clubs this month, unlike last summer when he had to fight hard to keep the Belgian in the Midlands. Benteke has returned to form in recent weeks with three goals in as many games, including the penalty winner in Wednesday’s 4-3 derby victory over West Brom. His recent purple patch follows an inauspicious start to the season blighted by injuries, poor performances and a lack of goals, following a sublime first term last year and a turbulent summer which saw him request a transfer only to change his mind. “He’s scored three in three and I think the break for Christian with his knee (was important),” Lambert said. “Sometimes it’s not about getting treatment on an injury – it’s about managing it and man-managing someone. Giving him that break has certainly been great for him and he’s come back and scored three in the last three games. “But it’s his general game that has picked up. His actual level of performance has been really, really high.” Lambert added: “It’s about recognising what your player needs. “We knew he had a knee problem and he was playing through it. It wasn’t getting any better so we had to think of something else to try and do and gave him that little bit of a break. “He’s come back and he’s been excellent. But I think people forget that Christian’s season last season started way before anybody else’s because he was playing for Genk before coming here. “So he’s played a lot of games for such a young lad. To come here and do what he’s done is going to drain him. But since he’s come back he’s been excellent.” Benteke scored 23 goals in all competitions last season, sparking interest from other clubs in the summer. Lambert eventually convinced him to stay put – and revealed there has been nobody sniffing around in the January window. “There’s been no interest whatsoever. None,” he said. “Any manager will tell you the January window isn’t great. “It’s good for the media frenzy but I never get drawn right into it. I understand people not wanting to spend lots of money. It’s not right and it’s not good for the game, because you can panic and go and buy someone you don’t really want for lots of money. “But Christian’s ability has always been there. People know what he can do. But it’s sustaining that level.” Press Associationlast_img read more

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School District of Palm Beach County launches reopening information hotline

first_imgThe School District of Palm Beach County has launched a hotline for people to call if they have any questions regarding their reopening plan.The school year is set to begin on Monday, Aug. 31 with distance learning for all students.The hotline has been set up to answer questions for the 2020-2021 school year. Calls will be answered on Wednesday and Thursday from 8 a.m. to 4 p.m. During the weeks of Aug. 24 and Aug. 31, the hotline will be open Monday through Friday during the same hours.The number is 561-969-5840.Representatives will be available to answer questions in English, Spanish, and Haitian Creole. They can answer frequently asked questions about registering for school, school meals, and improvements to distance learning. Callers can also call 561-684-5100 to leave a message for a future return call from a representative.last_img read more

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Mariner Student-Athletes Represented Well in Graduation Honors

first_img Latest posts by Fenceviewer Staff (see all) Town report wins award – October 11, 2014 Fitness trainer is now cancer-exercise expert – October 12, 2014 Latest Posts CASTINE — As part of the 67th Maine Maritime Academy commencement ceremonies on May 1st, several Mariner and Lady Mariner student-athletes were prominently featured.Six of the graduating “Magna Cum Laude” seniors were student athletes. Volleyball standout Amy Young (Cumberland), Women’s Basketball/Soccer player Kelsi Eiane (Harpswell), Women’s Volleyball player Katherine McMillan (Belfast), Men’s Soccer player Omar Chaar (Searsporte), and Men’s Basketball players Joe MulCahy (Plainville, Mass.), and Jarred Sternbergh (Jonesboro) all graduated “Magna Cum Laude”.Graduating “Cum Laude” was Football player Travis Fergola, Men’s Lacrosse player Ryan Gannon (Concord, NH), and Women’s Soccer players Sarah Paquette (Rochester, Vermont), and Kim Watts (Tennants Harbor).Earlier in the day at the Graduation Awards Ceremony, seven student athletes received awards from various participating sponsors.This is placeholder textThis is placeholder textWomen’s basketball/soccer player Kelsi Eiane (Harpswell), Women’s Volleyball player Katherine McMillan (Belfast), Men’s Lacrosse player Ryan Gannon (Concord, NH), Golfer’s Michael Smith (Ellsworth), and Chris Wallace (Crawford), and Men’s Basketball players Joe MulCahy (Plainville, Mass.) and Jarred Sternbergh (Jonesboro) were all presented with awards.For more sports news, pick up a copy of The Ellsworth American.center_img Schoodic Grange hosting sale – October 30, 2014 Fenceviewer Staff Biolast_img read more

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Forde promises more International football for Linden

first_imgTHE Mackenzie Sports Club (MSC) ground is among Guyana’s most storied venues and today, it will once again embrace another historic moment in sports, more so in the sport of football, when Golden Jaguars face Martinique in an International Friendly.It will be the French department’s first visit to Guyana and their second meeting with the Golden Jaguars. In 2012, Martinique hosted Guyana and played to a 2-2 draw.For Linden, it will be a return of international football since May 19, 2011, when Guyana defeated Barbados 1-0.Forde pointed out during a press conference yesterday, “We’re not going to see the finest venue that’s available to us in Guyana, but what we will see is the spirit of the community coming together to make something for one of the most prized possession of this country, which is the Golden Jaguars football team.”Many questioned the move by the GFF to play the game at the MSC ground, citing the facilities nearing deplorable state, poor surface and inadequate lighting. But, Forde told reporters that the venue has made a complete 360 turn and is now more than ready for the momentous game between Guyana and Martinique.“The Linden community has respondied in the most heartwarming way, with regard to the preparation and promotion of the game and the GFF is very encouraged,” Forde said.“The GFF will do everything in its power to bring back prominent football to the Linden community. It is part of our overall strategy to spread the reach of the sport and even though circumstances do present some challenges, we must understand that you triumph when you take on these challenges, rather than doing what’s easy; defaulting to the next best thing and that’s not what we’re about.” Forde also highlighted.Forde challenged the Linden populace, stating, “If we could have an atmosphere, similar to the one that we’re so accustomed to when we watch the Barclay’s Premier League, at least two of the upcoming international friendlies will go to that Linden community.”It is of the GFF boss’s opinion that Linden presents the Federation with “the best financial opportunity in bringing off such a game; the cost for the venue is low, the logistics are low, marketing the game is very low because you’re talking about a small community with a decent population, so if you could get less than a third of that population in that venue, it’s a big win for us.”“We have seen evidence of decline of attendance for the other games in Georgetown and some of the other venues and even though playing the game of football is our main priority, we have to do this in a very economical way. We can’t continue to incur over $3M taking a game to a venue and can’t at least recover that cost,” Forde said.The GFF president said that rebuilding and rebranding the Golden Jaguars is their immediate priority and as such, a promise was made to play on every FIFA date for this year.The Guyana-Martinique encounter will kick off at 20:00hrs and tickets cost $1500.last_img read more

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Szczesny: Arsenal can win Premier League

first_imgArsenal goalkeeper Wojciech Szczesny is confident the Gunners can win the Premier League if they can maintain their current form.The Gunners beat Cardiff 3-0 on Saturday and are four points clear at the top of the table with 13 games played and Szczesny wants his team to continue their hot streak.”If we carry on like we are now then I’m certain we’ll be top in May,” he told reporters.“But we have a lot of work to do, a lot of tough games to win. There’s no point in putting pressure on ourselves. We just want to enjoy every single game, that’s bringing the best out of us and I don’t think that will change.“We’re in a position that we’d like to be in for as long as possible. But it really doesn’t matter where we are now. It matters where we are in May.”Next up for Arsene Wenger’s side is a visit from Hull City, who pulled off the most surprising result of the weekend by beating Liverpool 3-1 at the KC Stadium, and Szczesny is not taking the game lightly. “We want to focus on the next game, which is Hull, and to keep on winning,” he added. “If we do that, get the right result then we’ll put ourselves in a very comfortable position at the top of the table.“It’s very good to have that cushion at the top of the table. If we want to win the league then we must do our job very professionally to beat teams like Hull.”The Poland international also took time out to pay tribute to Aaron Ramsey who continued his sparkling form this season with another two goals against his former club Cardiff.“I think it was obvious that if anyone was going to score then it would be Aaron,” he said. “I thought he was respectful not to celebrate.  “We’re so pleased for him. He’s been through a lot, he’s come back so well and I just hope he continues. Is he the best in the league? I don’t care as long as he does the job for the team.“I’m just as amazed as everyone else. We always knew that he could play well but to score as many as he has, any striker would be delighted with that. He’s been so good.”last_img read more

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