When Goldman Sachs and billionaire Paul Tudor Jones announced a partnership three months ago to help socially conscious investors support “just business behavior”, they promised that their new index fund would generate solid returns for savers while directing their investment dollars towards truly humane companies. “Capitalism should be a positive force for change,” said Jones in a press release announcing the fund, which is designed to track an index of socially responsible companies identified by his non-profit Just Capital. “Its future will be driven by a new definition of corporate success that is aligned with the values and priorities of the public.” The partnership comes as pension funds, university endowments and other institutional investors increasingly seek to put their financial weight behind ethical and sustainable corporate behavior. So far, the rebrand seems to be working: the Just fund debuted in June to rave reviews from the financial … [Read more...] about Is Goldman Sachs’ new fund really just greenwashing stocks?
Global carbon dioxide emissions will rise to historic levels in 2018, according to a study released Wednesday in conjunction with the COP24 climate conference in Katowice, Poland. The news marked the second year of increases after a relative lull from 2014 to 2016. The Global Carbon Budget 2018, released by the Global Carbon Project, found that the widespread use of coal — as well as more cars and trucks being out on the streets — are behind the uptick in carbon emissions. Rising carbon dioxide levels are "pushed up mainly by coal use, but also by rising oil use in transport," lead researcher Corinne Le Quere of the University of East Anglia in England told DW. "Almost all countries are contributing to the rise, either by rising themselves or by decreasing less than expected." Watch video 11:35 Share UN Climate Change Urges Action Now Send Facebook Twitter google+ Whatsapp Tumblr linkedin stumble Digg reddit Newsvine … [Read more...] about CO2 emissions to hit historic highs in 2018
Sydney electrical engineer Martin Cordina, 43, has witnessed the manufacturing field transform into a dying trade, including at the printing company where he completed his apprenticeship - and no longer exists Factory workers across Australia fear their jobs could be the next to go overseas following nappy company Huggies' decision to move production offshore. Parent company Kimberly-Clark Australia announced last week it will be shutting down its Ingleburn mill by the end of July which is expected to result in a loss of 220 jobs. The company, which also has a facility in South Australia, revealed it is moving to Asia to enable 'faster access to the latest research and engineering advancements in nappies and pants'. The move makes Huggies the latest Australian-based manufacturer to take its business offshore in what appears to be a growing trend among companies aiming to lower production costs. Electrical engineer Martin Cordina, 43, who … [Read more...] about From 24,000 tonnes of steel reduced to just 860, children’s nappies made in China and fears for future tradies: How Australia’s manufacturing industry is being sold to Asia – and why your job could be next
A female school leaver celebrating her graduation has been caught on camera sitting dangerously on the ledge of a high-rise apartment building. The woman appeared to have taken a chair from the balcony onto the cement ledge of the building on the Gold Coast. She then walked from the balcony and knelt down beside a window, appearing to make an attempt to climb inside. A Schoolies student was seen sitting on a chair on the ledge of an apartment building Those who attend Schoolies have repeatedly been warned about dangerous behaviour near or on balconies. The Queensland government previously implemented safety guidelines for Schoolies staying in high-rise hotels and apartments. The policy states failure to comply could lead to eviction from buildings or police arrests, and specifically warns against 'leaning over, sitting on, climbing or hanging off balconies.' RELATED ARTICLES Previous 1 Next Schoolies teenager high on MDMA is rescued from a balcony... Wild fight breaks … [Read more...] about Schoolie is seen sitting dangerously on the ledge of a high-rise apartment building on the Gold Coast after jumping from a balcony