WELLINGTON
Brandon Scherff Limited Jersey , Aug. 15 (Xinhua) -- About 40 percent of the 35billion-NZ dollar (25.5 billion-U.S. dollar) New ZealandSuperannuation Fund, or its global passive equity portfolio, is nowlow-carbon, the Guardians of New Zealand Superannuation said onTuesday.
The fund is quitting or reducing holdings in 300 firms
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The changes have significantly reduced the fund's overall carbonfootprint and are a key plank within the Guardians' ongoingstrategy to address climate change investment risk
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The transition involved reallocating 950 million NZ dollars (692million U.S. dollars) away from companies with high exposure tocarbon emissions and reserves into lower-risk companies, itsaid.
Chief Executive Adrian Orr said that the NZ Super Fund's focuson addressing climate change risk is in line with current globalbest practice by institutional investors.
"There is a global consensus that climate change presentsmaterial risks for long term investors," Orr said, adding thatleading investors around the world are adjusting their portfoliosto address climate change risk and capture opportunities stemmingfrom the transition to a low-carbon economy.
Chief Investment Officer Matt Whineray said that financialmarkets were underpricing climate change risk over the fund's longinvestment timeframe
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"For investors with very long horizons, such as the fund,reducing exposure to carbon emissions and reserves is a low-costinsurance policy," Whineray said.
"Reducing the fund's exposure to carbon is a commercial decisionbased on long-term risk to our portfolio as a whole
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WASHINGTON, Aug. 12 (Xinhua) -- Nearly half of Americans whohave experienced online harassment said they knew the peopleresponsible for the harassing, according to a new report from PewResearch Center.
About 46 percent of harassment victims said their harassers werean acquaintance
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The survey also showed that those who knew their harasserstended "to be more deeply affected by their experience and toexpress greater concerns of their safety."
About 34 percent of harassment victims who knew the harasserdescribed their incidnet as "extremely or very upsetting," while 17percent victims who were not acquainted at all with their harasseruttered similar feelings.
Those who knew the attackers were also more likely to say theindicent caused a range of problems
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Anderson added that those problems could include difficultieswith friends or family, damage to their reputation, and mental oremotional stress. Enditem
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RIO DE JANEIRO, Aug. 9 (Xinhua) -- Following is the schedule of Rio Olympics finals to be contested on Wednesday, August 10 (all local time):
Cycling
08:30 Women's individual time trial
10:00 Men's individual time trial
Rowing
10:22 Men's quad sculls
10:34 Women's quad sculls
Shooting
12:00 Men's 50m pistol
15:25 Men's double trap
Canoe Slalom
15:15 Men's kayak (K1)
Weightlifting
15:30 Women's 69kg
19:00 Men's 77kg
Diving
16:00 Men's synchronised 3m springboard
Artistic gymnastics
16:00 Men's individual all-around
Judo
16:40 Women's 70kg
17:00 Men's 90kg
Fencing
20:15 Women's foil individual
20:45 Men's sabre individual
Table Tennis
21:30 Women's singles
Swimming
22:03 Men's 200m breaststroke
22:54 Women's 200m butterfly
23:03 Men's 100m freestyle
23:55 Women's 4x200m freestyle relay
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