ABP divests from Japan’s TEPCO as PGGM sells stake in Israeli banks

first_imgSeparately, the €153bn PGGM said it divested from five Israeli banks after it realised its engagement efforts would be unsuccessful.The five financial institutions – Bank Hapoalim, Bank Leumi, First International Bank of Israel, Israel Discount Bank and Mizrahi Tefahot Bank – had been speaking with the pension manager for a number of years, it said in a statement.“The dialogue showed, however, that, given the day-to-day reality and domestic legal framework they operate in, the banks have limited to no possibilities to end their involvement in the financing of settlements in the occupied Palestinian territories,” it said.It added that, as no changes to the current environment were predicted for the “foreseeable future”, it decided to divest its holdings at the beginning of the year. Dutch pension manager ABP has divested from Japan’s Tokyo Electric Power Company (TEPCO), the firm responsible for the nuclear power plant in Fukushima, over concerns it has little regard for public safety.The announcement came as PGGM, the pension manager responsible for assets of healthcare sector fund PFZW, said it would divest from five Israeli banks over their involvement in settlement activities in Palestinian territories.The €293bn ABP said in a statement it had sold its stake in TEPCO, which at the end of September 2013 was valued at €18m, after attempts to engage with the company failed.The manager said the Japanese firm violated its responsible investment guidelines during and after the incident at the Fukushima Daiichi power plant, which saw several explosions occur after it was damaged during the 2011 tsunami.last_img read more

Randall D. Martin

first_imgRandall D. Martin, 102, Greensburg passed away on April 13, 2018 at Morning Breeze Retirement Community & Healthcare Center.Randall was born in Covington, Kentucky on October 12, 1915 to Morge and Flossie (Davern) Martin.Randall graduated from Napoleon High School in 1933.  He grew up and lived in Napoleon most of his life before later moving to Greensburg.  He joined the Army and served during WWII from 1941 until 1945.  He served in the South Pacific in the 1st Cavalry Division, 7th Cavalry Regiment and he received 4 bronze stars during his tour.Randall worked for Hill-Rom in Batesville as a machine operator.  He was a member of the V.F.W. in Napoleon and the American Legion Post 129 in Greensburg.He married Anna Marie Fisse in St. Maurice on August 30, 1958 and she preceded him in death on June 18, 2012.Randall is survived by one brother-in-law, Charles (Eileen) Fisse, St. Maurice, two sister-in-laws, Judy Muckerheide, Greensburg, Ellen (Lee) Wallace, Collinsville, IL, eight nieces and nephews, Doug Fisse, Cindy Stevens, Pam Thackery, Jenny Feebeck, Jill Bruce, Phil Fisse, Lisa Readmond, Janice Wallace, several great nieces and nephews, and his many friends at Morning Breeze.He was preceded in death by his parents, Morge and Flossie Martin, wife, Anna Marie Martin, and brother, Howard Martin.Visitation will be from 12 pm to 2 pm on Tuesday at Porter-Oliger-Pearson Funeral Home followed by Funeral Services at 2 pm with Pastor Greg Redd officiating.Burial and military graveside rites will follow at South Park Cemetery.Memorials can be made to Decatur County Hospice.Online condolences can be made at www.popfuneralhome.comlast_img read more