It highlighted this as an area of “policy direction” for the European Union, saying the ESAs “should build sufficient expertise on sustainability issues, scenario analysis and general ESG factors related to medium and long-term risks”.It specifically recommended that the role of the ESAs in assessing ESG-related risks be enhanced.The European Systemic Risk Board last year recommended that stress tests of European pension funds cover climate-related risks.The HLEG’s report set out eight recommendations in total in its report.It recommended that the EU develop a classification system and establish an official European standard and label for green bonds and other sustainable assets.Commissioners Valdis Dombrovskis and Jyrki Katainen said in their introduction to the report: “These labels will provide the confidence and trust in sustainable and green products needed for investors to fund the transition to the low-carbon economy.”PensionsEurope, the trade body for European pension funds, welcomed the classification and label recommendations. However, Matti Leppälä, secretary general of the association, cautioned against introducing new rules and obligations for the European pension fund sector, saying that the HLEG’s report included suggestions on revising the European pension fund directive IORP II.“The new IORP II directive includes many provisions on ESG, as part of risk management and investments,” he said. “It would be advisable to first see the impact of these new rules before expanding them.”ESG ‘integral’ part of fiduciary dutyThe HLEG noted that the IORP directive took sustainability issues into account, but said that it and other directives would need to be reviewed to implement “the clarification of fiduciary duty and sustainability”.The HLEG has recommended it be clarified that managing ESG risks is an integral part of fiduciary duty. A single set of principles on fiduciary duty and the related concepts of loyalty and prudence should be established in the European Union, according to the HLEG.Stefanie Pfeifer, chief executive of the Institutional Investors Group on Climate Change (IIGCC), said “the identification, disclosure and effective management of the huge physical and transition risks posed by climate change” must be at the core of any “functional definition” of fiduciary duty.“We therefore endorse the call by HLEG for the recent recommendations from the FSB’s Task Force on Climate-related Disclosures to be integrated in a way that advances EU leadership on this agenda and provides greater legal certainty alongside efforts to ensure an international level playing field,” she said.The other recommendations set out by the HLEG were to:- unlock investments in energy efficiency through relevant accounting rules; – strengthen ESG reporting requirements; – introduce a “sustainability test” for EU financial regulation; and – create an organisation dedicated to developing and structuring infrastructure projects and matching them with investors. The report said the group had identified “dual imperatives” for the European financial system.The Commission said it would start exploring the HLEG’s early recommendations “as of now”.The group is due to present a final report at the end of 2017 and will continue to examine other policy areas, such as integrating sustainability considerations in ratings.The report can be found here. The European Insurance and Occupational Pension Authority could in future include environmental, social and governance (ESG) risks in its stress tests of pension funds, the European Commission-appointed High Level Expert Group (HLEG) on sustainable finance has suggested.The idea was included in a wide-ranging interim report on its work to help develop an EU strategy on sustainable finance, published today.The other European Supervisory Authorities (ESAs) could do the same, the report said, identifying climate-related risks as the most “obvious”.However, this should only happen once “sufficient expertise on sustainability has been built up to avoid undue scenarios and outcomes”, according to the HLEG.
Published on November 20, 2019 at 11:52 pm On Wednesday, freshman forward Quincy Guerrier (10 points, five rebounds) provided Syracuse a lift off the bench in a defensive struggle in the Carrier Dome. The Orange shot 47% from the field, but Guerrier and Elijah Hughes (22 points) led Syracuse past Cornell, 72-53.Before the game, Syracuse players wore warm-up T-shirts displaying #NotAgainSU to express their support the student-led protests against recent racist and bias-related hate acts on campus.Beat writers Josh Schafer and Nick Alvarez break it all down: Comments AdvertisementThis is placeholder text Facebook Twitter Google+
DD HEALTH: EXCESSIVE SWEATING AND TREATMENTSHyperhidrosis is a common condition in which a person sweats excessively.The sweating may affect the whole of your body, or it may only affect certain areas. Commonly affected areas include the:armpitspalms of your handssoles of your feetface and chestgroinBoth sides of the body are usually affected equally – for example, both feet or both hands.The sweating doesn’t usually pose a serious threat to your health, but it can be embarrassing and distressing. It can also have a negative impact on your quality of life and may lead to feelings of depressionand anxiety.Over 2pc of the Irish population have a problem with excessive sweat and feel it has a negative impact on their lives. What is excessive sweating?There are no guidelines to determine what “normal” sweating is, but if you feel you sweat too much and your sweating has started to interfere with your everyday daily life, you may have hyperhidrosis.For example, you may have hyperhidrosis if:* you avoid physical contact, such as shaking hands, because you feel self-conscious about your sweating* you don’t take part in activities, such as dancing or exercise, for fear they will make your sweating worse* excessive sweating is interfering with your job – for example, you have difficulty holding tools or using a computer keyboard* you’re having problems with normal daily activities, such as driving* you’re spending a significant amount of time coping with sweating – for example, frequently showering and changing your clothes* you become socially withdrawn and self-consciousWhen to see your GPVisit your GP if you feel that your sweating is interfering with your daily activities, or you suddenly start sweating excessively.Many people with hyperhidrosis are too embarrassed to seek medical help or believe that nothing can be done to improve it. But treatment is available. Also visit your GP if you are having night sweats, because it can sometimes be a sign of something more serious. Your GP will usually be able to diagnose hyperhidrosis based on your symptoms, although occasionally you may need blood and urine tests to check for an underlying cause (see below).What causes hyperhidrosis?In many cases, hyperhidrosis has no obvious cause and is thought to be the result of a problem with the part of the nervous system that controls sweating. This is known as primary hyperhidrosis.Hyperhidrosis that does have an identifiable cause is known as secondary hyperhidrosis. This can have many different triggers, including:pregnancy or the menopauseanxietycertain medicationslow blood sugar (hypoglycaemia)an overactive thyroid gland (hyperthyroidism)infectionsHow hyperhidrosis is treatedExcessive sweating can be challenging to treat and it may take a while to find a treatment right for you. Doctors usually recommend starting with the least invasive treatment first, such as powerful antiperspirants. Lifestyle changes may also help, including:wearing loose and light clothesavoiding triggers, such as alcohol and spicy foods, that could make your sweating worsewearing black or white clothes to help minimise the signs of sweatingIf this doesn’t help, you may be advised to try treatments such as iontophoresis (the affected area is treated with a weak electric current passed through water or a wet pad), botulinum toxin injections, and even surgery in a few cases.Hyperhidrosis is usually a long-term condition, but some people experience an improvement with time and the treatments available can often keep the problem under control.Who is affected?Hyperhidrosis is common. It’s been estimated to affect between one and three in every 100 people which means there are likely to be hundreds of thousands of people living with it in Ireland.Hyperhidrosis can develop at any age, although primary hyperhidrosis typically starts during childhood or soon after puberty.For more information, go to www.sweating.ieDD HEALTH: EXCESSIVE SWEATING AND TREATMENTS was last modified: June 22nd, 2016 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Advicedonegal daily healthexcessive sweatingHyperhidrosistreatment