In ‘Symbolically Charged Move,’ a Record Faith-Based Fossil-Fuel Divestment by Investors With $5.5 Trillion in Assets

first_img FacebookTwitterLinkedInEmailPrint分享The Guardian:More than 40 Catholic institutions are to announce the largest ever faith-based divestment from fossil fuels, on the anniversary of the death of St Francis of Assisi.The sum involved has not been disclosed but the volume of divesting groups is four times higher than a previous church record, and adds to a global divestment movement, led by investors worth $5.5tn.Church institutions joining the action include the Archdiocese of Cape Town, the Episcopal Conference of Belgium and the diocese of Assisi-Nocera Umbra-Gualdo Tadino, the spiritual home of the world’s Franciscan brothers.A spokesman for the €4.5bn German Church bank and Catholic relief organisation Caritas said that it was committing to divest from coal, tar sands and shale oil.In a symbolically charged move, the Italian town of Assisi will also shed all oil, coal and gas holdings the day before a visit by the Italian prime minister, Paolo Gentiloni, to mark St Francis’s feast day.The origins of the latest church action lie in last year’s climate encyclical by Pope Francis – himself named after St Francis of Assisi – although the project was advanced by the Global Catholic Climate Movement.More: Catholic Church to Make Record Divestment From Fossil Fuels In ‘Symbolically Charged Move,’ a Record Faith-Based Fossil-Fuel Divestment by Investors With $5.5 Trillion in Assetslast_img read more

Sportingtech announces strategic Global DFS agreement

first_img Sportingtech raises the Pulse with new Retail Solution July 2, 2018 Submit Sportingtech to show Pulse power in Uganda through BetOn August 15, 2019 StumbleUpon Share Elvis Džombić – Sportingtech – The power of the Pulse platform March 21, 2018 Share Sportingtech has announced a key strategic partnership with Global Daily Fantasy Sports Inc (GDFSI), designed to enhance its platform in addition to furthering distribution to the global marketplace.Included as part of the deal is the integration of GDFSI’s Daily Fantasy Sports platform into the Sportingtech Pulse Platform, which the aim of increasing the operators offering to various customers.The solution is to be available in both mobile and desktop variants, and will allow “seamless integration at the operator level without sharing or compromising any sensitive customer data”.Darcy Krogh, Global Daily Fantasy Sports CEO, said: “We are delighted to sign Sportingtech as our first dotcom partner and achieve another milestone for our company. “Sportingtech has many customers in key markets who have shown an interest in daily fantasy sports and we are excited to work with them and their clients to introduce them to the world of daily fantasy sports.” Sportingtech details that through the new co-operation, it is well positioned to enhance its operators engagement of new customers. Elvis Džombić, Head of Business Development at Sportingtech, added: “We always look forward to bringing innovations that will generate added value for our clients and enrich the product portfolio within our Pulse platform solution. “This product is all about that, a game where skill meets social – designed for the rising demand of igaming products targeting the younger demographic. “Integrating the Global Daily Fantasy Sports solution is of a big importance for us from [a] strategic point of view, and will definitely help our clients to stay at forefront of the game”. Related Articleslast_img read more