PREMIUMActivists to protest systematic violence against women on Women’s March

first_imgForgot Password ? More than 60 civil society groups under the Women’s Movement against Violence Alliance (Gerak Perempuan) plan to take to the streets on the International Women’s Day on Sunday to demand the government to stop its systematic violence against women including transgender women.The groups believe violence against women has rooted from the patriarchal values embedded through the government, the legislative, the cultural, religion and even educational institutions.“Violence is not only promoted but rather executed by the state,” Indonesian Legal Aid Institute (YLBHI) chair Asfinawati said in a press conference Thursday.She cited unresolved rape cases in which rape was an ancient way to show domination and almost always used in many conflicts like those taking place during the May 1998 riot. Furthermore, she also said women are susceptible to v… Facebook Google Topics : Log in with your social account LOG INDon’t have an account? Register here Linkedin Women womens-march womens-march-jakarta violence violence-against-women violence-against-women-in-Indonesialast_img read more

Merseyside, People’s Pension allocate to ESG smart beta funds

first_imgNico Aspinall, CIO, The People’s PensionNico Aspinall, chief investment officer of the master trust, said the motivation for investing in the fund was to improve risk-adjusted returns for its members.“We think this fund offers the same – if not better – returns at lower risk compared with market-cap-weighted approaches,” he told IPE.“The fundamental question is: are we going to be emitting more or less carbon dioxide? This is a portfolio that is on the other side of that.”The fund targets five established equity factors – value, quality, low volatility, momentum and size – and a reduction in carbon emissions and reserves intensity. The worst 20% of companies are also excluded on the basis of MSCI’s environmental, social and corporate governance (ESG) scores.Guido Giese, executive director of MSCI, said: “Institutional investors are increasingly seeking to incorporate ESG considerations into factors. This index aims to incorporate ESG-based and carbon-based constraints in a bottom-up index construction approach.” Credit: timajoLiverpool’s River MerseyThe parameters for climate change considerations would be carbon efficiency, fossil fuel reserves and the green revenues of investments, assessed using FTSE Russell’s green revenues data model.Owen Thorne, investment manager at Merseyside, said that the new fund would provide “an investable, risk-efficient means of achieving the scheme’s goals for decarbonisation”.Aled Jones, head of sustainable investing Europe for FTSE Russell added that the index provided “a transparent means of integrating climate considerations into a passive equity portfolio and also aligned with investor stewardship objectives”.Peter Wallach, Merseyside’s director of pensions, told IPE that the scheme expected returns at least in line with a market-cap-weighted index from the new fund, adding that it would also be open to investment by other institutional players.Although no pension funds had shown a concrete interest yet, Merseyside was discussing the issue with at least two other schemes, he said. The scheme has formed an asset pooling partnership with the Greater Manchester Pension Fund and the West Yorkshire Pension Fund, known as Northern LGPS.Wallach added that further investments in the new fund by Merseyside would depend on the outcome of a wide-ranging review of the scheme’s investment strategy.The £400m represented one-third of the scheme’s investments in passive equity strategies, according to Wallach.People’s Pension adds ESG multi-factor fund to default optionMPF’s move comes after The People’s Pension, a £5bn multi-employer defined contribution scheme, in December began investing in a new multi-factor fund that aims to reduce exposure to fossil fuels. Over the next 12 months it expects to invest £1bn in the smart beta equity index fund, which it developed with State Street Global Advisors and MSCI.The State Street ACS Multi-Factor Global ESG Equity Index fund forms part of the master trust’s default option, so the vast majority of its 4m members will have savings allocated to it. The £9bn (€10.1bn) Merseyside Pension Fund has invested £400m in a new worldwide equity climate fund, run by State Street Global Advisors.The All World Equity Climate Balanced Multi-Factor Index fund was designed to align Merseyside’s responsible investment policy and activities with the goals of the 2015 Paris climate accord, the pension fund said.As part of this, the fund had considered the options for capturing both the risks and opportunities arising from climate change, it added.The new fund tracked the FTSE All-World Climate Balanced Comprehensive Factor index, designed by FTSE Russell.center_img Last year, Merseyside – the fifth largest in the Local Government Pension Scheme (LGPS) system in the UK – announced that it had selected a smart sustainability index from FTSE Russell, to support its climate risk strategy within the fund’s listed equity portfolio.The pension fund said that the index provided broad exposure to the target equity universe, and was constructed using Russell’s “innovative and transparent” multi-factor weighting methodology. This approach would increase exposure to low volatility, momentum, quality, size and value factors, it said.last_img read more

Turkish Government Announces Kanal Istanbul Final Route

first_imgImage source: The MinistryThe Turkish Government yesterday announced the final route of a new waterway aimed to reduce shipping traffic on the busy Bosphorus Strait – the Kanal Istanbul Project.According to Ahmet Arslan, the Transport and Communications Minister, the canal would begin in the Istanbul district of Kucukcekmece on the Sea of Marmara, where there is already an inland lake.The new waterway will then head north toward the Sazlidere reservoir before emerging into the Black Sea just north of Durusu.Documents from Turkey’s Environment Ministry showed that the 45 kilometer canal will be 25 meters deep and 250-1,000 meters wide, depending on where the docks are located.“We intend to complete the bidding process with a mixed model, including a build-operate-transfer model, and other public-private partnership alternatives, and to launch the project this year,” Arslan said.The Turkish President, Recep Tayyip Erdoğan, announced the project to the public in 2011, while he was the prime minister.The new canal is expected to have capacity for 160 vessels a day and is scheduled to be completed by 2023.[mappress mapid=”24769″]last_img read more

Push for alcohol health warnings in Australia

first_imgThe Canberra Times 9 Nov 2011The results of an opinion poll will be used to pressure Australia’s health ministers to quickly introduce mandatory health warnings on alcohol containers. Fifty-eight per cent of Australians support the introduction of health warnings on alcoholic beverages, according to a Galaxy survey commissioned by the Foundation for Alcohol Research and Education. More than 70 per cent supported government regulation of warning labels and 52 per cent said the government should be directly involved in the development of the labels. More than two-thirds believed that a pregnancy health warning would be effective in reducing alcohol consumption. The survey results are being issued ahead of a meeting of federal, state and territory health minister tomorrow. read more

Suicide a calm and beautiful ending, says witness

first_imgThe Age (Australia) 3 April 2013A friend of Beverley Broadbent has revealed she sat with the 83-year-old when she took her own life at her home in February. The nurse, who wants to be known only as Amanda, contacted The Age yesterday to say that she comforted Ms Broadbent as she died on February 11, but did not assist her in any way. Amanda said Ms Broadbent drank a lethal dose of xxxxxx – the barbiturate euthanasia advocates call the ”peaceful pill” – about 7.30pm on February 11. She died serenely in her bed about 30 minutes later. Amanda said when Ms Broadbent was waiting for the drug to put her to sleep, she said: ”You know I could do this on my own, but I am so grateful that you’re here with me.”