The oil and gas industry is responding to demands from investors about their climate change management and disclosure, although investors still have concerns and should step up their engagement, a director of Hermes’ stewardship and engagement arm has said.Tim Goodman, director, Hermes Equity Ownership Services, made the comments in connection with a report on the impact of climate-focused investor engagement with 10 large oil and gas companies in North America and Europe. The report was published by the four investor networks in the Global Investor Coalition on Climate Change along with climate research provider CDP.According to those behind the report, investor engagement has had a discernible impact on board and executive decision-making with respect to disclosure and management of climate change risks – but there are still laggards and shortcomings that investors want addressed.One target for investors this proxy season, as it was last year, is ExxonMobil. A shareholder proposal co-filed by The Church Commissioners for England called on the company to carry out and disclose an analysis of how its portfolio would fare in a world where global warming is kept to a maximum of 2°C. Hermes’ Goodman said investors were using the 2017 proxy season to try to have their concerns addressed, but emphasised that they needed to become more ambitious about the direction of their stewardship strategies.“We need to apply significantly more pressure using all the tools available, from private dialogue about portfolio resilience and 2°C transition planning, through to more public comment on our expectations for the oil and gas industry,” he said.Shareholder resolutions requesting more company reporting in line with recommendations of the Financial Stability Board’s Task Force on Climate-related Disclosures (TCFD) could in selected cases strengthen these efforts, he added.Investors should step up engagement with oil and gas companies beyond the North American and European majors, according to Goodman.“We must also acknowledge that the oil and gas industry is responding to demand and we need to ensure that we have similar dialogue with other sectors as well about how they are responding to the recommendations of the TCFD,” he said.Earlier this month, Hermes and Wespath Investment Management withdrew a climate change-related shareholder resolution for Chevron’s 2017 AGM, which will take place on on 31 May, saying that its filing had prompted the company to publish a report on how it is managing climate change risks. Although the report didn’t fully meet the proposal’s requests, Hermes and Wespath said the company should be given time to improve its disclosure.
Suburbs with a large number of new houses such as North Lakes, where this home at 40 Wallarah Pde, is listed for sale, are popular with buyers. Picture: realestate.com.auSurfers Paradise chalked up 1589 unit sales – that’s the equivalent of 4.3 units a day – selling in the past 12 months.With a median unit price of $370,000 that means almost 800 of those buyers paid less than that to secure a property.Southport in second spot had a massive 987 unit sales, while Hope Island chalked up 619, Labrador, 578 and Biggera Waters, 511. Buderim, where this home is listed for sale at 1 Mayfair Lane is popular with house buyers. Picture: realestate.com.auMore from newsMould, age, not enough to stop 17 bidders fighting for this home6 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor6 hours ago GET all the latest real estate news direct to your inbox here The suburb has a median house price of $465,500 and has numerous housing estates under development.Suburbs with a large amount of new housing development proved most popular with buyers, with 463 houses selling at North Lakes, north of Brisbane.The suburb has a median house price of $472,500.Further south Forest Lake chalked up 441 sales and had a median house price of $430,000 followed by Kallangur, to the north again, with 433 sales and a median house price of $367,500.In the unit market it was once again the Gold Coast and in particular Surfers Paradise which by far blitzed any other area. With views like this on offer at Buderim, it’s not hard to see why the suburb is so popular. Picture: realestate.com.auTHE term sea change has been around for some time now but buyers don’t seem to be tiring off it, with Buderim leading Queensland for the highest number of house sales in the past year.The Sunshine Coast suburb proved the most popular with house buyers with 571 changing hands during that period.With a median house price of $600,000 that means the suburb catered to a wide variety of buyers with half of the sales during the period for more than that and half for less.The second most popular suburb for house buyers as at Upper Coomera on the Gold Coast, with 518 houses changing hands in the past 12 months.
Share LocalNews Steve Ferrol appointed new Secretary to the Cabinet by: – January 27, 2012 Retired Secretary to the Cabinet, Felix Gregoire. Ambassador and former Permanent Secretary of the Ministry of Foreign Affairs Steve Ferrol has replaced Mr. Felix Gregoire as the Secretary to the Cabinet.A press release from the Office of the Prime Minister indicated that Ambassador Ferrol’s appointment comes following the retirement of Mr. Felix Gregoire.Ambassador Ferrol the release states is a “veteran public servant who holds a Master of Laws degree in International Legal Studies”.The release further states that Mr. Gregoire has given the public service “many years of distinguished service and the Government of the Commonwealth of Dominica thanks Mr. Gregoire for his years of dedicated service”.It also congratulates Mr. Ferrol on his new appointment.Dominica Vibes News Share Tweet Sharing is caring! 336 Views 3 comments Share
Batesville, In. — Police have disrupted two extensive credit card skimming operations in central Indiana in the last two weeks.In Columbus, skimming devices found on an ATM led police to three suspects that had several stolen credit cards, cameras and skimming equipment. In Martin County police skimming equipment at a gas station in Loogootee.Here are some important tips to follow to keep from becoming a victim of credit card fraud:– Monitor your online banking and credit card accounts on a daily basis. If you see a charge that you are not familiar with or did not authorize, contact your bank or credit card company immediately.– Protect your card, card numbers, and pin numbers (when you must enter them into a keypad) as if someone is watching over your shoulder. Cover the keypad as you enter those important numbers.– Before using a card reader at a gas pump, for example, touch the opening of the card reader and try to wiggle it to see if it is temporarily placed in the machine. ATMs and card readers are built solidly and should not have loose parts.– Aside from focusing directly on the credit card reader, check the machine or display as a whole. Does it look like it was cracked or forced open? Do decals appear to have been broken or misaligned? Do labels or stickers not appear straight or look to be tampered with? If so, report the machine to employees and use a different unit.– If you suspect that you have found a skimming device, take it into the location that the device was placed and notify employees. Even though the place of business will likely call law enforcement, please feel free to report the incident yourself, as we want to make absolutely sure that it is reported.The Indiana State Police say it is safe to use credit or bank cards, but ask that you remain vigilant in an effort to protect your accounts and your finances.
The Hammers have not won in the Barclays Premier League since a 3-0 victory at Tottenham in which Morrison starred, while they are still chasing a first Upton Park win in the league since the opening day defeat of Cardiff. Morrison’s form has been such that he has been mentioned as a possible member of England’s World Cup squad, if Three Lions boss Roy Hodgson can be persuaded to promote the winger who scored a volley in under-21 training which went viral on the internet. Manager Sam Allardyce hopes Ravel Morrison can help West Ham upset Chelsea in Saturday’s London derby. “Ravel’s blessed with talent,” Allardyce said. “He flashed a bit of that talent out in that training session. “We all know his ability has started to be applied in the right way. “For me, there’s still a massive room for improvement. There’s still better to come. There’s still more I demand. “Hopefully that will continue to improve his development and help West Ham be a better team with better results in the near future.” Allardyce was Bolton manager when Jose Mourinho’s Chelsea won the 2005 Premier League title at the Reebok Stadium in the Portuguese’s first season in England. It is not possible to compare the Blues then and now, Allardyce argues, as he seeks to replicate Newcastle’s success of earlier this month and pull off a shock win against Mourinho’s men. “It’s a completely different team, apart from four players,” Allardyce added. “It’s a different era. It was a long time ago. A year in football is a long time these days, never mind six years. Press Association “(Newcastle) frustrated Chelsea, they played like an away team at home. “(They) started the whole process of winning that game by keeping a clean-sheet, scoring off a free-kick and the tactic worked brilliantly in the end. Sucked Chelsea on to them, hit them on the break and scored a second. “It shows there is a vulnerability there if the team masters the tactics it needs to master to beat a side as big and as talented as Chelsea. “We’ll have to be on top of our game on Saturday. Anything less will make life difficult for us. If we can do that, we can cause Chelsea one or two problems, I’m sure.” Allardyce knows his side will have to finish any chance they get against the Blues, like they did at White Hart Lane, rather than repeat their recent poor showings in front of goal. He added: “I think we will find it a little bit more difficult to create the chances that we have done, because they’re a top team. “We’ll have to make sure we’re clinical enough when we get one.” Chelsea avoided defeat in their last league contest, prior to the international break, with a fortunate penalty award against West Brom. Allardyce believes technology should be used, with a referral system similar to tennis employed. “If you’ve got two decisions or three decisions a game, like tennis, to say ‘can we have a look at that?’ we’ll be much better off in this hugely demanding world that we live in,” Allardyce said. While bemoaning the attacking performance this term, the Hammers boss has been happy with his side’s defensive work. That will come under scrutiny against Chelsea, particularly after injuries during the international break for Razvan Rat, Joey O’Brien and James Collins, which added to earlier concerns for Winston Reid and George McCartney. Of the new injuries, Rat (hamstring) is the most likely to miss the Chelsea game. Allardyce said: “We’re quite short in the defensive area and on international three defenders are blighted with injuries. “Hopefully Joey and James will recover, I should think, and Razvan looks like a difficult one.”