Chart of the Week: The growing influence of the PRI

first_imgEarlier this week, the UN Principles for Responsible Investment (PRI) informed its signatories that it would require them to report on climate change risks from next year.The PRI’s 2,250 signatories together represent more than $83trn (€73trn) of assets, and include many of the world’s biggest asset owners and asset managers — and its influence is still growing.Insticube, an institutional data service powered by IPE, recently surveyed European asset owners on their attitudes to and work around environmental, social and corporate governance (ESG) issues.It found that, of 338 investors polled, 121 had signed up to the PRI. Additionally, 241 said they had established an ESG policy. Fiona Reynolds, PRIAnnouncing the tough new policy earlier this week, Fiona Reynolds, chief executive officer of the PRI, said: “It is increasingly important for investors to incorporate emerging mega-risks such as climate change into their view of the future.”The PRI’s signatories could — and should — face a much tougher task to convince the organisation and other stakeholders of hiw seriously they take the standards they have pledged to uphold. Asset owners with, or planning to introduce, an ESG policyChart MakerThe PRI’s recent action suggests that it wants to push signatories to treat it seriously, and not just as a box-ticking exercise. Insticube’s research indicates that there is some way to go on this aspect, however. When asked whether failing to support the PRI was sufficient grounds to sack a fund manager, just 82 out of 338 institutions agreed – less than 25%. Is a failure to support the PRI sufficient grounds to dismiss an asset manager?Chart Makerlast_img read more

Grizzly competition: Badgers and Baylor battle for Elite Eight berth

first_imgANAHEIM, Calif. — Advancing in the NCAA Tournament is a tall order for any team in the country, whether it is a No. 1 seed or a No. 11 seed. For the Wisconsin men’s basketball team, advancing to the Elite Eight is its tallest order yet, literally.Wisconsin (28-7) will matchup with a Baylor (26-11) team Thursday that sports a 7-foot-1 center, 6-foot-9 and 6-foot-6 forwards in its starting lineup and two players taller than 6-foot-7 that average more 13 minutes off the bench.The Bears use that length to their advantage when protecting the rim. In its run to the Big 12 Tournament Championship game, Baylor racked up 22 blocks in four games. Sophomore center and All-Big 12 defensive team selection Isaiah Austin led the block party with 18 of his own, breaking the previous record of 11 blocks during the conference tournament.Isaiah Austin broke the Big 12 record with 18 blocks in the conference tournamentPhoto via Travis Taylor/Baylor LariatWith the length of Austin and senior forward Cory Jefferson, who has 71 blocks this season, protecting the paint, Wisconsin’s frontcourt will have to find creative ways to get to the rim.“It’s similar to a boxing match. Fighters say if the guy’s arms are longer, get in close so he can’t use his length against you,” Wisconsin freshman forward Nigel Hayes said. “That’d be the same for us. We don’t want to shoot fade away shots or try to shoot it over them because they will probably block that, so we got to try to go right through them and hopefully we can get some fouls drawn on them.”Baylor couples its length with a zone defense that has turned up the pressure in the latter half of the season and was on display in the third round when it held a Creighton team that averages 79.5 points a game to just 55 in a convincing 30-point win.The key for Wisconsin offensively will be patience.“You take what the defense gives you. You have to probe,” Wisconsin head coach Bo Ryan said. “Then attacking it and getting people to move a certain way and using your angles and misdirection and different things that good zone offensive teams use, we’re going to have to put all those together. Because they have the quickness and they have the length inside to protect the rim. So that’s why it’s been pretty effective.”Defensively, Wisconsin will face a balanced Baylor offense that can attack inside or from the perimeter.The Bears are second in the Big 12 in three-point field goals made (257), behind only Iowa State, averaging 9.5 per game. Senior guard Brady Heslip leads the charge for the Bears from the arc, making 117 three-pointers this season — Ben Brust has 228 in four years.An advantage may come at the free throw line where Baylor averages 25 attempts a game; however, the Badgers excel at keeping their opponent off the line, allowing an average of 14.9 attempts per game.“They defend well without fouling and we usually do well when we get to the free throw line a lot during the game,” Bears senior guard Gary Franklin said. “So, knowing that they don’t foul or they don’t have fouls called on them a lot is something to look at.”Wisconsin and Baylor had similar trajectories to a Sweet 16 berth in the West Regional. The Bears won 12 of their first 13 games; the Badgers won their first 16. BU then went on to lose eight of its next 10, but finished its regular season winning seven of its last eight. UW lost four of six and finished its regular season winning eight of the last nine games.Both teams have a versatile offense that can attack from the paint or the perimeter and have a defense that can play with any style of offense.With so many similarities, it may just boil down to desire.“It comes down to who wants it more,” Franklin said. “Who wants rebound more? Who wants to actually sit down and play defense and wants to make the extra plays and the extra pass for your teammates to win.”last_img read more

Dodgers complete sweep of Pirates with 6-4 win

first_img Dodgers’ Justin Turner looking rejuvenated on defense “Things are starting to pick up. That’s a positive thing for us.”It has been an ongoing thing. The offense rollicked through June, setting a franchise record for home runs in a calendar month, and the team has won 21 of its past 30 games (the best winning percentage in the National League since the start of June) largely because of the offensive production.“They were quality at-bats,” Dodgers manager Dave Roberts said of the offense led by Chris Taylor and Yasmani Grandal with three RBIs each Wednesday. “Even the first inning, you get a kid with a good arm in Holmes and not have much familiarity with him. But to try to wait him out, get him in the zone, take our walks early to stress him and get to their bullpen in the third inning was huge.“That’s what we did all series and had those guys on their heels. They ran out some good arms. But our approach up and down the lineup was consistent throughout the series.”Perhaps inspired by the ease with which his teammates were reaching base, Hill led off the fourth inning by beating out a bunt single. He bounded to second on a wild pitch then ambled to third on another one.Hill has scored just two runs in his 14-year big-league career. Wednesday was not the day for a third. He was thrown out at the plate, trying to tag up on a fly ball to center field.“There was a lot of running for Rich,” Roberts said. “We’ve got to work on the feet-first slide.”Hill stayed in the game just one more inning before leaving with the neck issue. Hill said he would get treatment in the next few days and Roberts said he was “day to day” – a designation that should probably be affixed to Hill permanently.He was replaced by Daniel Hudson, who made only a cameo appearance.After giving up a one-out single to Pirates catcher Elias Diaz in the sixth inning, Hudson was in the set position on the rubber when first-base umpire Jeff Nelson said something to Hudson about the way he was holding the baseball (in front of his body, obscured from the baserunner).The two got into a brief but animated conversation with Hudson dismissively waving Nelson back to his position. That got Hudson ejected.“All I know in talking to Bob (Geren), our bench coach, Nelly had it right,” Roberts said.Things got slightly more perilous for the Dodgers when lefty reliever Edward Paredes gave up a two-run home run to Gregory Polanco in the eighth inning. Roberts turned to Jansen (who had not pitched since Sunday) to get the final five outs.Two-out singles by David Freese in the eighth and Corey Dickerson in the ninth brought the tying run to the plate. But Jansen escaped each time and converted his 21st consecutive save opportunity, the fourth to require more than an inning and second of five outs.Related Articles Hill’s unsightly slide was hardly the ugliest performance by a pitcher during this series. The Pirates cornered the market on that.In the three games, the Dodgers outscored the Pirates 31-8, piling up 41 hits. The Pirates’ starting pitchers in the three-game series – Nick Kingham, Ivan Nova and Clay Holmes – posted a 13.94 ERA and 3.00 WHIP in 10 1/3 innings at Dodger Stadium.According to Stats LLC, it is the first time the Dodgers scored 30 or more runs with 20 or more extra-base hits in any three-game series since they pillaged the Pirates for 47 runs and 22 extra-base hits in 1950.The Dodgers trailed for only a half-inning in the three games.“A lot of launch angle in those 31 runs,” Dodgers closer Kenley Jansen said, accurately summing up the offensive approach of his teammates. “It’s fun to see the offense going that way. It just gives everyone more confidence. Whicker: Dustin May yet another example of the Dodgers’ eye for pitching LOS ANGELES – All across America Thursday, fathers and uncles will be waking up stiff and sore after overdoing it at the softball game during a Fourth of July family picnic.Rich Hill feels their pain.More committed than graceful as an athlete when he leaves the pitcher’s mound, Hill wound up with a stiff neck after an adventurous tour of the bases ended with an ungainly head-first slide at the plate in the fourth inning.Sign up for Home Turf and get exclusive stories every SoCal sports fan must read, sent daily. Subscribe here.“Besides the slide at home, I thought everything else was okay,” Hill said after the Dodgers had completed a three-game sweep of the Pittsburgh Pirates with a 6-4 win. “I’m going to have to learn how to slide feet first. I’m definitely going to have to grab somebody and get them to teach me how to slide feet first.” Dodgers’ Dave Roberts says baseball’s unwritten rules ‘have changed, should change’ Dodgers bench slumping Cody Bellinger for a day Dodgers’ hot-hitting Corey Seager leaves game with back injury Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more