Awards nomination for Limerick women

first_imgTWO Limerick women have been given national recognition for projects which aim to improve the future for patients in Ireland.Bruree native, Anna Maria Verling, and her team, developed the project ‘Labelling Stillbirth-Does it Make a Difference?’, which has been shortlisted in the Hope category.Sign up for the weekly Limerick Post newsletter Sign Up Meanwhile, Mary Flynn of Cappamore, developed a ‘newborn hearing screening programme’ that has been shortlisted in the Commitment category.Both projects have been shortlisted in this year’s Astellas Changing Tomorrow Awards 2011, and their teams from Tallaght Hospital and Cork University Hospital have been invited to attend an awards ceremony in Dublin.The Astellas Changing Tomorrow Awards were set up to recognise exceptional work being undertaken by professionals working in health to change tomorrow for their patients, in whatever field or aspect of healthcare they are involved in.Over 100 nationwide entries were received for the awards. NewsLocal NewsAwards nomination for Limerick womenBy admin – February 2, 2012 492 Advertisement Previous articleOnce valuable horses abandoned in countyNext articleThousands at risk from deadly gas admin WhatsApp Emailcenter_img Linkedin Print Twitter Facebooklast_img read more

The millennial blues: Rent padding and fair lending

first_imgI read earlier this year that between the ages of 22 and 30, millennials paid an estimated 45% of their income towards rent. Compare that to 41% of income paid toward rent for Generation X and 36% paid by Baby Boomers. Housing simply costs proportionally more than it used to. Add to that an average balance of $40,000 in student debt, and many millennials are delaying homeownership or foregoing living alone entirely. Approximately 22.5% of millennials between the ages of 24 and 36 opt to live with their parents, especially in metropolitan areas where the housing cost is most expensive.However, when someone walks into a credit union to apply for a car loan or signature loan, and indicates that their housing cost is “$0,” it’s natural to raise an eyebrow. Most people pay a rent or a mortgage. The need to pay to put a roof over your head is a constant existential threat of adult life; they made a whole musical about it. Sometimes financial institutions want to add a housing cost where the borrower has asserted none as a matter of policy. This is sometimes referred to as “rent padding.” However, it’s a practice that can have significant fair lending implications.A Potential Disparate Impact on Young ApplicantsRegulation B prohibits discrimination against an applicant for credit on a prohibited basis, including their age. 12 CFR §§ 1002.2(z); 1002.4(a). Having a blanket policy to pad housing costs when none are listed is not discriminatory on its face. But because those living at home and paying no rent costs are usually younger, having a blanket policy may disproportionately affect applicants on the basis of their age. Comment 2 to paragraph 6(a) of Regulation B explains how this can also be discrimination: continue reading » 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Bank Indonesia records Rp 11t outflow amid coronavirus fears

first_imgDody added that the central bank’s policy path would depend on the latest developments, adding that BI would intervene if the virus disrupted the country’s economy.BI has injected about Rp 25 trillion into the country’s financial markets amid a sell-off over fears that the rapidly spreading novel coronavirus would hurt the global economy.BI Governor Perry Warjiyo said on Wednesday that the central bank had been buying government bonds in the market to stabilize prices and liquidity as the coronavirus scared off foreign investors.“Do you know how many bonds we have bought from the government with the heavy capital inflow this year? The figure is close to Rp 25 trillion,” Perry said during his remarks at the Mandiri Investment Forum in Jakarta. The rupiah had weakened 0.3 percent against the US dollar to Rp 13,675 as of Friday afternoon. The currency has appreciated about 1.6 percent against the greenback so far this year, Bloomberg data shows.As of Friday afternoon, the 2019-nCoV virus had infected more than 31,400 people across the globe and had killed 638. The spread of the pneumonia-like illness has forced businesses in China to stop or limit their operations amid lockdowns in dozens of provinces.The cooling business activity in the world’s second-largest economy has spurred investors to seek safer assets and leave emerging markets, such as Indonesia.The local stock market has still managed to record a net foreign buy of about Rp 176 billion as of Friday despite the Jakarta Composite Index falling 4.76 percent so far this year. The novel coronavirus outbreak has pushed investors to leave the country’s financial markets, resulting in a foreign outflow of about Rp 11 trillion (US$805.9 million) last week, which has put pressure on the rupiah, a central banker has said.Despite the hefty outflow, Bank Indonesia (BI) has recorded an inflow of Rp 400 billion so far this year.”The outbreak has adversely affected financial markets worldwide as it is also pressuring the rupiah, although the currency appreciated on Thursday,” BI deputy governor Dody Budi Waluyo told reporters in Jakarta.center_img Topics :last_img read more

ESG roundup: BlackRock flags expectations ‘refresh’ on social issues

first_imgAlthough the report touched on BlackRock’s thinking about social factors, it focussed on the investment stewardship team’s climate-related engagement and voting.It reported that in 2020, it took voting action against 22% of 244 companies that it identified as making insufficient progress integrating climate risk into their business models or disclosures, and put the remaining 191 companies on watch.Those that did not make significant progress risked voting against management next year from BlackRock, it said.The 244 companies are selected from a pool of companies in carbon-intensive sectors with significant combined market capitalisation and carbon dioxide emissions in their respective regions.Catherine Howarth, CEO of responsible investment campain group ShareAction, suggested that BlackRock putting 191 companies on watch was nothing to get excited about given that “in a range of cases this year, Blackrock rejected shareholder resolutions in order to vote with corporate management in opposing shareholder demands to tackle climate risk”.“The 191 ‘on watch’ companies have effectively been given a 12-month free pass during the most critical and narrow time window in history for mitigating climate risk,” she argued.Last month the manager of Norway’s sovereign wealth fund said that high-quality shareholder proposals had to be sifted from low-quality motions, which could be not relevant enough or too controlling.New centre to drive climate-aligned finance implementationRocky Mountain Institute (RMI), a clean energy non-profit organisation, has launched the Center for Climate-Aligned Finance in collaboration with Wells Fargo, Goldman Sachs, Bank of America and JPMorgan Chase.“Climate alignment is cementing itself as the gold standard for the financial sector, but we need to acknowledge the difficulty of putting the global economy on track to net zero on an urgent timeline”Paul Bodnar, chair of the new Center for Climate-Aligned FinanceThe aim is to work with the financial sector to develop solutions in partnership with corporates in carbon-intensive sectors to drive decarbonisation, as well as develop relevant metrics, tools and means for tracking progress toward the net-zero transition.“Climate alignment is cementing itself as the gold standard for the financial sector, but we need to acknowledge the difficulty of putting the global economy on track to net zero on an urgent timeline,” said Paul Bodnar, chair of the new hub and managing director at RMI. “The Center will shape how ambitious commitments can be effectively translated into lasting impact.”The centre is partnering with prominent non-profit organisations and platforms such as the Partnership for Carbon Accounting Financials, United Nations Environment Programme Finance Initiative, 2° Investing Initiative, and the Mission Possible Platform.SASB, GRI to collaborate for clarityThe Global Reporting Initiative and the Sustainability Accounting Standards Board have agreed a collaborative workplan to demonstrate how both sets of standards can be used together, and what the similarities and differences are in the information created from them.A spokeswoman for SASB explained that the collaboration also aimed to demonstrate how the two standards could set the basis for a globally accepted system for sustainability disclosure.“This new development fosters the complementary nature of SASB and GRI standards, and together we hope to help deliver the double materiality ambition of the EU’s Non-Financial Reporting Directive that is currently under review by the European Commission,” she added.Double materiality is a concept that considers environmental and social factors in terms of their potential impact on companies or investments but also companies’ or investments’ potential environmental or social impact.SASB’s industry-specific standards are more about the financial materiality perspective, while the GRI standards focus on environmental and social materiality – the economic, environmental and social impacts of a company and hence its contributions towards sustainable development.These impacts can become financially material over time.Looking for IPE’s latest magazine? Read the digital edition here. BlackRock has said it will be “refreshing [its] expectations for human capital management” in the second half of the year as it assesses the impact of companies’ response to the coronavirus pandemic and “associated issues” of racial equality.The asset manager also indicated it would be updating its expectations for how companies pursue business practices that support their licence to operate more broadly.“We will be increasingly disposed to vote against management as and when companies fail to appropriately balance the needs of stakeholders in the post-COVID-19 age,” it said. “We will also continue to emphasise the importance of racial, ethnic, and gender diversity in the board room.”BlackRock was commenting in the context of a report updating readers about its stewardship team’s approach to sustainability after the asset manager in January announced it was making sustainability central to its investment-related activity.last_img read more

World champion Gatlin left off athlete of the year shortlist

first_imgWorld 100m champion Justin Gatlin is not one of the 10 male nominees for the IAAF 2017 World Athlete of the Year.It is the first time since 2004 – when the American was also left out – that the world or Olympic 100m champion has not been shortlisted for the title.Gatlin, 35, beat Jamaican sprint great Usain Bolt into third to win gold in London in August.Britain’s Mo Farah is on the list after retaining the 10,000m. IAAF members and fans via social media decide the award.Gatlin has twice served a doping ban and athletics’ governing body changed its rules on who could be nominated in 2015 so that anyone sanctioned for a serious doping offence could no longer be put forward.That came after Germany’s Olympic discus champion Robert Harting reacted to Gatlin’s inclusion on the 2014 IAAF shortlist by asking for his own name to be removed from it. Gatlin was jeered by the crowd inside London Stadium as he was presented with his medal during the summer.Lord Coe, president of athletics’ governing body the IAAF, admitted he was not “eulogistic” over the American’s victory.Gatlin was also omitted from the athlete of the year list in 2004 despite winning Olympic gold in Athens, although he was nominated for performance of the year.He was one of the nominees in 2005 after winning that year’s world title, 12 months before he accepted a second doping ban.South Africa’s Wayde van Niekerk is one of Farah’s rivals for the title after he retained his world 400m title in London. Caster Semenya of South Africa heads the women nominees after winning the 800m title in imperious style on the closing night of the World Championships.Australia’s Sally Pearson is also a notable nominee after claiming gold in the women’s 100m hurdles in 12.60 seconds.Voting closes on 16 October and the winners will be announced at the IAAF Athletics Awards in Monaco on 24 November.”‹The nominees for 2017 World Athlete of the YearMen: Mutaz Essa Barshim (Qat); Pawel Fajdek (Pol); Mo Farah (GB); Sam Kendricks (US); Elijah Manangoi (Ken); Luvo Manyonga (SA); Omar McLeod (Jam); Christian Taylor (US); Wayde van Niekerk (SA); Johannes Vetter (Ger) Women: Almaz Ayana (Eth); Maria Lasitskene (Ana); Hellen Obiri (Ken); Sally Pearson (Aus); Sandra Perkovic (Cro); Brittney Reese (US); Caster Semenya (SA); Ekaterini Stefanidi (Gre); Nafissatou Thiam (Bel); Anita Wlodarczyk (Pol)last_img read more