BNY Mellon has launched an environmental, social and corporate governance (ESG) information reporting service for clients.It said the service would allow clients to track their portfolio investments based on ESG issues and United Nations Global Compact (UNGC) principles. The UNGC principles are principles for responsible business conduct.According to BNY Mellon, clients would be able to see “total ESG and UNGC scores on equities at the account level versus relevant benchmarks over time” and at the company-level.The data used for the reports was sourced through an agreement with Arabesque’s S-Ray quantitative tool, which uses machine learning to score companies on sustainability metrics. According to BNY Mellon, clauses within the new EU pension fund directive, IORP II, were causing increased demand for ESG scoring from institutional investors.Fraser Priestley, managing director of global risk solutions in EMEA at BNY Mellon, said: “We believe our new service around ESG metrics will be particularly helpful to a number of European pensions who… are required to disclose the relevance and materiality of ESG factors and how they are taken into account for risk management processes.” Neuberger Berman implements climate risk analysisNeuberger Berman says it has complied with the main recommendations of the Task Force on Climate-related Financial Disclosure (TCFD) and launched a “new resource to analyse potential climate-related risk”.Using different global warming scenarios, the asset manager’s portfolio managers analysed and reviewed which securities were likely to benefit or suffer from changes in weather patterns, regulation or technology.The firm then quantified the potential value-at-risk from climate change to all the listed equity and corporate bond holdings in its US mutual funds and international UCITS range, and said it would expand the analysis to holdings in other client portfolios in the future.In line with recommendations from the TCFD, the asset manager’s board had been charged with oversight of climate risk as part of its broader oversight of enterprise risk.TCFD-based reporting will be mandatory for signatories to the Principles for Responsible Investment from next year.Storebrand brings strategies to UKStorebrand Asset Management today announced the UK launch of three sustainable investment strategies.The Storebrand Global Multifactor strategy combines sustainability with value, size, momentum and low volatility as four equally-weighted risk factors.Storebrand Global ESG Plus is a fossil-free global equity strategy that tracks the MSCI World Index, while Storebrand Global Solutions is an actively managed global equity portfolio that aims to generate alpha by identifying businesses from developed and emerging markets that provide solutions to help achieve the UN’s Sustainable Development Goals.
AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisA number of counties are enforcing seasonal load restrictions for trucks starting as early as Thursday.Alpena and Alcona County will begin imposing load restrictions and speed reductions for truck traffic beginning Thursday at 8:00 a.m. Load restrictions for Presque Isle County go into effect next Monday at 8:00 a.m. for all county roads except “all–season” county roads.Alpena County Exempt Roads: Hamilton Road from US-23 to French Road, Hamilton Road from US-23 to Wessel Road, Wessel Road from Hamilton Road to Alpena City Limits, Herron Road from M-32 to Werth Road, French Road from Hamilton Road to Lacomb Road, Lacomb Road from Schrader Road to Long Lake Road, Werth Road frin US-23 to Piper Road, Piper Road from Werth Road to .66 miles southerly therof, Herron Road to M-65, Airport Road from Alpena County Regional Airport to M-32, Piper Road from US-23 to .53 miles North, Long Lake Road from Hamilton Road to Alpena City Limits, Bagley Street from M-32 to Long Rapids Road, Bloom Road from US-23 North to .54 miles east, Nicholson Hill Road from US-23 South to Spruce Road, Spruce Road from Nicholson Hill Road to Werth Road, Pearl Road from US-23 to 300 ft East, and Hawley Road from M-32 to Kline Road.Alcona County Exempt Roads: F-30 from US-23 to F-41, F-41, F-32 from Aspen Alley to the Alcona/Oscoda County line, FR 4001 from AuSable Road to the Alcona/OScoda County Line, Barlow Road from M-72 to the Village of Lincoln, Bamfield Road from Glennie West to Curtisville Road, Carbide Drive, Hubbard Lake Road from M-72 to Mt. Maria Road, Ritchie Road from Hubbard Lake Road to Gehres Road, and Ritchie Road (also known as Gehres Road and Apsey Road) to Lake Streeet to the Village of Lincoln LimitsContact the Alpena County Road Commission at 989-354-3252Contact the Alcona County Road Commission at 989-736-8168Contact the Presque Isle County Road Commission at 989-734-2216AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThis Tags: Alcona County, alpena county, Presque Isle County, seasonal weight restrictions, Speed Restrictions, Trucking, Trucks, Weight RestrictionsContinue ReadingPrevious Tips to avoid flooding problems due to warmer temperatures, melting snowNext Photo of the Day for Wednesday, March 13
Now, with the Blues’ backs up against the walls, they know they can’t leave any stone left unturned as they lay it all on the line.STANLEY CUP FINAL 2019: Bruins fans ready for another Boston championship”Whoever goes out there has to execute,” Jaden Schwartz bluntly told reporters Monday. “We know it has to be better. Comes down to one game.”The Blues last scored a power-play goal in their 7-2 loss in Game 2, when Colton Parayko fired a shot from the point that went off Brandon Carlo and past Rask in the third period. Even then, it wasn’t a set play that really helped take things off; instead, it was a matter of getting pucks on net.That’s what started to come together again for St. Louis on Sunday; rather than focusing on set plays or connected passes, they did what they could, focusing mainly on getting shots away. Although it didn’t translate to a goal, it got them closer than they had been in previous matchups.”Last night was a lot better, simplified,” Alex Pietrangelo said.The Blues’ power play has been somewhat of an Achilles’ Heel for the entirety of the playoffs and the Bruins’ penalty kill that has truly pushed them to the brink. Not only are they reading the Blues well, taking away their shooting and passing lanes, taking the puck away and blocking shots, but they’re also able to limit the time and space that St. Louis has to work with.Schwartz explained another factor that has come into play is Boston’s ability to box the Blues out with ease. Forcing St. Louis to change the way they run the power play.”Getting the puck through to start the power play is good. Get them running around a little bit, just execute,” Schwartz said. “Making tape-to-tape passes, moving, getting guys low, moving it high again. I think when we’re stagnant, standing still and passing it, we’re not really moving their box around.”Beyond the Bruins’ four penalty killers and their top-two units, Boston has another weapon in Rask. Win or lose, he’s likely the Conn Smythe winner given his performance through these playoffs; his numbers speak for himself as he boasts a 1.93 GAA and .938 save percentage through these playoffs.MORE: If Blues win, here’s why Jay Bouwmeester gets the Cup from Alex PietrangeloThe Blues have created more pressure by having players like Ryan O’Reilly and Patrick Maroon screen Rask in front and get in the crease. They also did a better job of getting as many shots as they could on net in Game 6, but for Game 7, St. Louis needs to completely adopt the crash-the-net mentality if they want to put their demons behind them and take home the Cup. Missed passes, blocked shots and outstanding saves from Tuukka Rask have defined the St. Louis Blues’ power play thus far in the Stanley Cup Final against the Boston Bruins.Going into Sunday’s Game 6, where the Blues had the chance to clinch the franchise’s first title, they had gone just 1-for-14 on the man advantage. Although they’d managed to take the series lead without much success up a man, they would have to capitalize on every opportunity to secure the title on home ice. Unfortunately, St. Louis couldn’t convert on four power plays, which could have made all the difference in a 5-1 defeat that forced a Game 7 back in Boston on Wednesday. “On the power play, shooting for the rebounds, shooting for guys getting to the net, being around the net, finding some dirty goals around there… that’s definitely in the back of our minds for sure,” Craig Berube said in regards to improving on the man advantage.The Blues could start experimenting and shuffle up the power-play units. Schwartz knows it’ll take more than some rearranging to get the job done, but believes that it’s just a matter of giving it a full effort and that come Wednesday, the Blues will be ready.”…At a time like this, I think it’s just getting pucks to the net, taking their outsides away. I think we’re doing a decent job of getting in the zone. We have to get more bodies to get on the same page,” Schwartz said.