Code for responsible investing in south africa crisana
Nedelcu Ion Eugen and Mr. The proposed persons have the quality of shareholders of SIF Oltenia SA Variant SIF Oltenia management ; or composed of the shareholders Marcel Gheorghe and Dub Bogdan Daniel, with complete identification data available at the company's headquarters, who will verify the list of attendance of the shareholders, the votes cast on the items of the agenda of the meeting, as well as the fulfilling of all formalities required by law and the articles of incorporation of the company for holding the general meeting of shareholders, of which Mr.
Talea Mihaela, with the identifying details available at the company headquarters. The election of the board of directors : a. Partial revocation of Decision no. Approval of the power of attorney of the legal representative of the company and, separately, of the secretary of the meeting of the general meeting of shareholders who was appointed to draw up the minutes of the meeting of the general meeting of shareholders, each of them may work independently and with the right to substitution, to sign the decisions of the general meeting of shareholders and any other related documents, to represent the company and to perform all acts and formalities of publicity, registration and implementation of the decisions adopted by the general meeting of shareholders at the trade register office, Financial Supervisory Authority, Depozitarul Central SA and to any other authorities.
Approval of the instruction to the board of directors and to the senior management of the company to provide promptly to the agent, respectively to the meeting secretary of the general meeting of shareholders appointed to draw up the minutes of the general meeting of shareholders, as well as to carry out publicity acts and formalities, to register and implement the decisions adopted by the general meeting of shareholders, all the necessary information and documents and to give it all the necessary support for this purpose.
Approval of the date of Variant SIF Oltenia management. When can I get a Novavax coronavirus vaccine? The company expects to submit data to the Food and Drug Administration by the end of the year. Once authorization is requested, a rigorous review process will take place before the shot is cleared for use in the general public. What makes this coronavirus vaccine different from the ones we already have? The Novavax vaccine is protein-based and uses the same platform as shots for shingles and hepatitis.
How does it work? The Novavax coronavirus vaccine is engineered from the genetic sequence of coronavirus with nanoparticle technology. The technology binds with human receptors targeted by virus which is critical for effective protection. When the vaccine is injected, it stimulates the immune system to produce antibodies.
Is it safe and effective? Most common side effects include injection site pain and tenderness, fatigue, headache and muscle pain. Can foreign travelers show proof of the Novavax vaccine to enter the United States? Novavax clinical trial participants from sites outside the U. It is one of the vaccines already approved by the Centers for Disease Control and Prevention for air travel in the U. Could children get this vaccine? Its funding comes from businesses.
Until the last few days, state officials have been saying the trust fund is drowning in red ink brought about by the pandemic and needs financial support to remain solvent and reduce the financial burden on businesses. Our reports will come out as soon as we are very sure and very sure-footed on exactly what the balance is so we can then put to rest the bond issue etc.
And middle-class families get a tax cut. Ayanna Pressley, D-Massachusetts, was among the progressives who voted no. Just because a school gets DESE approval does not mean students and staff automatically ditch masks. Local school officials and school committees decide whether to lift the mandate after receiving the OK from the state.
So far, DESE has received 23 requests to lift the mask mandate and has approved 13, officials said. Hopkinton was the first to get DESE approval and did not end the mask mandate until the school committee voted. When an approved school ends its mask mandate, unvaccinated individuals must continue to wear masks, according to DESE guidelines. Homeowners paid big bucks for pools and other home improvement projects but were left with giant holes in their backyards and broken promises.
During a three-month investigation, we discovered criminal records and lawsuits spanning more than two decades in New England. And we take a closer look at the statewide system meant to provide oversight of contractors with a sketchy track record. According to the project contract, his three kids were supposed to be swimming by the Fourth of July.
But after breaking ground and digging the hole in June, Pham said the project came to a standstill. On the day they moved into their home in April, Docchio showed up to collect the deposit. When the timeline started to slip by a couple of weeks in June, Pham claimed the contractor did not take it well when he inquired about the delay. No pool for you! In western Massachusetts, there is money to improve local public health systems, provide storm damage disaster relief, and fund environmental work and internet infrastructure.
The Senate voted in favor of a package that prioritizes health care, including behavioral and mental health, economic recovery, and climate preparedness among others. The vote came after multiple hearings and a total of proposed amendments. Jo Comerford, D-Northampton, said one of her main priorities during debates was building a stronger public health system. Elizabeth Warren joined state and local leaders Friday to discuss the influx of money coming to the state as a result of the recently passed bipartisan infrastructure bill.
President Biden is scheduled to sign the bill on Monday. Roundtable attendees met with students learning about the installation and operation of heat pumps. The state wants to install 1 million of the devices as part of its roadmap to meet environmental targets by , but is well behind schedule to meet that benchmark.
Biden, whose popularity has dropped, in part, as many Americans blame him for failing to contain inflation, has hinted he may take actions aimed at taming fuel prices. A top aide declined to say on Sunday whether the president would tap the SPR. The consumer price index increased 6.
Very exciting opportunities. The actual number of openings is significantly higher, as many of the postings are advertising multiple jobs, like one now for 35 crossing guards.


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Within the South African context, a sharpening focus on responsible investment and stewardship demonstrates that the country is ripe for the further innovations that are needed to achieve a systemic shift from commitment into action with more impact. CRISA 2 aims to spur much-needed impetus in this regard through enabling a sharpened recognition of how investment arrangements and activities intersect with the environment and society.
As part of a holistic corporate governance ecosystem17, CRISA 2 can facilitate ongoing, proactive and mindful consideration of the risks and opportunities, dynamics and trends that could inform or influence investment arrangements and activities, modelling positive outcomes across the investment value chain.
The Code has as further objectives the following: To position stewardship and responsible investment principles and practices within a broader context as universally relevant throughout the investment value chain and across all asset classes, investment styles and type and size of organisation. To incorporate the implementation of sound governance practices as they relate to stewardship and responsible investment, and foster accountability for implementation and disclosure.
To cultivate integrated thinking19 throughout the investment industry, through building capacity in the six capitals, and understanding of the triple context of society, economy, and environment within which businesses operate, as well as their relevance on the impacts on the six capitals.
To encourage collaborative action towards the mainstreaming of sustainable finance that contributes to a more equitable and inclusive economy. To promote the development and implementation of green and sustainability-oriented investments and investment vehicles that address ESG issues such as those encapsulated in the SDGs and NDP. CRISA 2 therefore applies to asset owners, asset managers and service providers. Where there is conflict between the Code and applicable legislative provisions, the legislative provisions or regulations will prevail.
Foreign investment institutions are encouraged to apply the voluntary principles of CRISA 2 to the extent that they invest in South African assets. The outcomes-based approach has already been well established in integrated reporting22 and in King IVTM as it relates to governance Inclusion Applying the principles of the Code to support a more inclusive society and economy along all ESG pillars, such as a just transition towards a greener, more inclusive economy that enables sustainable development25, protects livelihoods, and supports the availability and equality of opportunities to access financial services and products.
Innovation Developing and implementing novel ideas, investment approaches, methodologies, products or strategies for engagement and collaboration, to maximise positive impact, promote inclusion and build resilience. Resilience Taking into consideration the threat of unanticipated changes, challenges to the global economic system and the potential consequences, for pricing of risk and assets, having the ability to withstand and recover from disruptive events, and furthermore developing an ability to adapt to changing conditions.
The outcomes are aspirational benefits rather than specific targets or metrics. There is therefore no need to disclose specific performance or achievement against each of the outcomes, since reporting on practices implemented to give effect to the principles may enable inferences to be drawn about the achievement of positive outcomes. In asset classes other than equity, ownership may not even be relevant.
Diligently and effectively discharging stewardship duties incorporates the execution of fiduciary duties, active ownership and shareholder activism in their original sense where it would apply but would also cater for situations where stewardship is relevant but not specifically related to ownership. Where fiduciary duties are owed such as in the case of a retirement fund , the investment institution should actively enquire and participate at annual general meetings, for example, to ascertain whether the company is truly creating value or eroding it.
However, factors such as the size and type of organisation and its investment philosophy and style, should not be seen as limitations. Applying the Code on a proportionate basis means that even those with limited resources and varying business models and investment approaches should be able to implement the principles in a manner that is fit for purpose within the context and as may be suitable to the type and size of organisation, the nature of its investment arrangements and activities and the resources at its disposal.
Application can therefore be pursued in an incremental or scaled fashion. Application through designation or outsourcing can be pursued where an investment institution or asset owner is unable to implement certain practice recommendations directly, as long as this is disclosed and the mandate provides for reporting and sanctions for non-adherence, and it does not amount to a dereliction of fiduciary responsibilities.
Practicalities and cost implications should be weighed after consideration of the extent to which implementation can be pursued, rather than outsourcing as a default approach. It is not required that all practices be followed, nor should they be applied as a tick-box. Practices should be reviewed as supporting integrated thinking while developing a fit-for-purpose approach and may be adapted or scaled for proportional application26 or applied in an incremental manner as an orginisation progresses and matures with regard to implementation.
Investment arrangements and activities should reflect a systematic approach to integrating material environmental, social and governance ESG factors. Implementation practices 1. Responses may be organisation or topic specific and may include the development of considerations to making and executing decisions about valuation, capital allocation, or the pursuit or development of new investment vehicles or products.
Reporting elements 1. Controls should also be introduced by the institutional investor to prevent insider trading as defined by the Security Services Act. Principle 3 — Where appropriate, institutional investors should consider a collaborative approach to promote acceptance and implementation of the principles of CRISA and other codes and standards applicable to institutional investors. Institutional investors are encouraged to work with other shareholders, service providers, regulators, investee companies and ultimate beneficiaries to promote CRISA and sound governance.
Principle 4 — An institutional investor should recognise the circumstances and relationships that hold a potential for conflicts of interest and should pro-actively manage these when they occur. Institutional investors are encouraged develop a policy on prevention and management of conflicts of interests and establish processes to monitor compliance with this policy.
Principle 5 — Institutional investors should be transparent about the content of their policies, how the policies are implemented and how CRISA is applied to enable stakeholders to make informed assessments. The Code requires institutional investors to fully and publicly disclose to stakeholders at least once a year to what extent the Code has been applied.
If an institutional investor has not fully applied one of the Principles of the Code, the reasons should be disclosed. Disclosure as well as policies should be made public.
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