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WELLINGTON Cheap Tom Barrasso 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,including leading international energy companies, to reduceexposure to those emitting greenhouse gases Cheap Michel Briere Jersey , said a New ZealandSuperannuation Fund release, adding that the move means the fund ismore resilient to climate change investment risks such as strandedassets.

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, the releasesaid.

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 Cheap Bryan Trottier Jersey , and the global energy system is transitioningaway from fossil fuels.

"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," he said,adding that companies have the opportunity to re-enter theportfolio in the future if they improve their management of climaterisk. Enditem

WASHINGTON Cheap Ron Francis Jersey , 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, a friend, a co-worker or even a family member,according to the report released earlier this week.

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 Cheap Mark Recchi Jersey , said Monica Anderson, theauthor of the report.

Anderson added that those problems could include difficultieswith friends or family, damage to their reputation, and mental oremotional stress. Enditem

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