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The Pentagon's watchdog agency said Tuesday it found a "troubling" number of failures this year by military law enforcement agencies to alert the FBI to criminal history information. The Pentagon's inspector general happened to be wrapping up a monthslong review of compliance with reporting requirements when former Air Force member Devin P. Kelley opened fire in a Sutherland Springs, Texas, church on Nov. 5, killing 25 people. Kelley had been convicted of assaulting family members in a 2012 court martial ... but the information was not passed on to the FBI as required by Pentagon regulations. The lapse, acknowledged by the Air Force, meant he was not flagged in databases used for background checks of gun buyers. Tuesday's report said that from February through October, the military's law enforcement organizations failed to submit 24 percent of required fingerprint cards for inclusion in FBI databases and 31 percent of required reports of court martial convictions, known as final disposition reports. The data is supposed to be submitted to the FBI for many offenses, including assault, murder and desertion. The Army's failure rate on fingerprint reporting was 28 percent, the Navy's and Marine Corps' both were 29 percent. The Air Force's was 14 percent. The Army failed to submit final disposition reports in 41 percent of cases; the Navy and the Marine Corps in 36 percent of cases, and the Air Force in 14 percent of cases.
Note: For more along these lines, see concise summaries of deeply revealing military corruption news articles from reliable major media sources.
Non-stop activity isn’t the apotheosis of productivity. It is its adversary. Researchers are learning that it doesn’t just mean that the work we produce at the end of a 14-hour day is of worse quality than when we’re fresh. This pattern of working also undermines our creativity and our cognition. Over time, it can make us feel physically sick – and even, ironically, as if we have no purpose. “The idea that you can indefinitely stretch out your deep focus and productivity time to these arbitrary limits is really wrong,” says research scientist Andrew Smart. “If you’re constantly putting yourself into this cognitive debt, where your physiology is saying ‘I need a break’ but you keep pushing yourself, you get this low-level stress response that’s chronic – and, over time, extraordinarily dangerous.” One meta-analysis found that long working hours increased the risk of coronary heart disease by 40% – almost as much as smoking (50%). Another found that people who worked long hours had a significantly higher risk of stroke, while people who worked more than 11 hours a day were almost 2.5 times more likely to have a major depressive episode than those who worked seven to eight. The reason we have eight-hour work days at all was because companies found that cutting employees’ hours had the reverse effect they expected: it upped their productivity. If eight-hour days are better than 10-hour ones, could even shorter working hours be even better? Perhaps.
Note: For more along these lines, see concise summaries of deeply revealing health news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our Health Information Center.
Mike Beck, a National Security Agency counterintelligence officer, could always bang out 60 words a minute. But in early 2006, Beck struggled to move his fingers at their usual typing speed. Soon after, a brain scan showed why: Beck had Parkinson's disease, the second-most-common neurodegenerative disorder in the United States. He was only 46 - unusually young for Parkinson's. No one in his family had ever had it. Then, in an unsettling coincidence, he learned that an NSA colleague — a man he'd spent a pivotal week in 1996 with in a hostile country — had also just been diagnosed with Parkinson's. Eventually, Beck read a classified intelligence report that convinced him that he and his co-worker on the trip were likely the victims of a covert attack that led to their illnesses - and that has prompted a highly unusual workers' compensation claim. Beck believes that while he and his colleague were sleeping in their hotel rooms, the hostile country, which he cannot name for security reasons, deployed a high-powered microwave weapon against them, damaging their nervous systems. For the last four years, Beck, 57, has been trying to persuade the Labor Department to award him 75 percent of his salary, or about $110,000 a year. But the Labor Department won't approve Beck's request without solid evidence that he was targeted. In Beck's case — short of obtaining proof from the hostile nation's spy service — he'd need the endorsement of the NSA, which has refused to provide it.
Note: To learn about how electromagnetic weapons can be used to torture anyone without legal recourse, listen to this revealing interview. For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption and non-lethal weapons.
The World Health Organization said on Monday it hoped to conduct a full review by the end of the year of a dengue vaccine that was suspended last week in the Philippines. On Friday, the department of health halted its dengue immunization program after the manufacturer, French drug company Sanofi Pasteur, announced the vaccine, [commonly known as Dengvaxia], must be strictly limited due to evidence it can worsen dengue in people not previously exposed to the infection. The government of Brazil, where dengue is common, confirmed it already had recommended restricted use of the vaccine. Amid mounting public concern, Sanofi explained its "new findings" at a news conference in Manila on Monday but did not say why action was not taken after a WHO report in mid-2016 that identified the risk the company was now flagging. Nearly 734,000 children ... in the Philippines have received one dose of the vaccine as part of a programme that cost 3.5 billion pesos (more than $80 million Cdn). The Philippines Department of Justice on Monday ordered the National Bureau of Investigation to look into "the alleged danger to public health ... and if evidence so warrants, to file appropriate charges." There was no indication that Philippines health officials knew of any risks. However, the WHO said in a July 2016 research paper that "vaccination may be ineffective or may theoretically even increase the future risk" of severe dengue illness in people who hadn't been exposed to it prior to their first vaccination.
Note: Read more about this and about the way vaccines dangers are being covered up on this webpage. For more along these lines, see concise summaries of deeply revealing vaccine controversy news articles from reliable major media sources.
The Philippines ordered an investigation on Monday into the immunization of more than 730,000 children with a vaccine for dengue that has been suspended following an announcement by French drug company Sanofi that it could worsen the disease in some cases. The World Health Organization said it hoped to conduct a full review by year-end of data on the vaccine, commercially known as Dengvaxia. In the meantime, the WHO recommended that it only be used in people who had a prior infection with dengue. The government of Brazil, where dengue is a significant health challenge, confirmed it already had recommended restricted use of the vaccine but had not suspended it entirely. Amid mounting public concern, Sanofi explained its "new findings" at a news conference in Manila but did not say why action was not taken after a WHO report in mid-2016 that identified the risk it was now flagging. A non-governmental organization (NGO) said it had received information that three children who were vaccinated with Dengvaxia in the Philippines had died and a senator said he was aware of two cases. Last week, the Philippines Department of Health halted the use of Dengvaxia after Sanofi said it must be strictly limited due to evidence it can worsen the disease in people not previously exposed to the infection. Nearly 734,000 children aged 9 and over in the Philippines have received one dose of the vaccine as part of a program that cost 3.5 billion pesos ($69.54 million).
Note: This US government webpage states, "Since 1988, over 18,897 petitions have been filed with the VICP [Vaccine Injury Compensation Program]. Over that 29-year time period, 16,857 petitions have been adjudicated, with 5,782 of those determined to be compensable. Total compensation paid over the life of the program is approximately $3.7 billion." Why aren't these large numbers being reported in the media? For more along these lines, see concise summaries of deeply revealing vaccine controversy news articles from reliable major media sources.
BlackRock Inc. and Vanguard Group – already the world's largest money managers – are less than a decade from managing a total of US$20 trillion, according to Bloomberg News calculations. Amassing that sum will likely upend the asset management industry, intensify their ownership of the largest U.S. companies and test the twin pillars of market efficiency and corporate governance. Vanguard founder Jack Bogle, widely regarded as the father of the index fund, is raising the prospect that too much money is in too few hands, with BlackRock, Vanguard and State Street Corp. together owning significant stakes in the biggest U.S. companies. "That's about 20 per cent owned by this oligopoly of three," Bogle said. "It is too bad that there aren't more people in the index-fund business." Vanguard is poised to parlay its US$4.7 trillion of assets into more than US$10 trillion by 2023, while BlackRock may hit that mark two years later, up from almost US$6 trillion today, according to Bloomberg News projections based on the companies' most recent five-year average annual growth rates in assets. BlackRock and Vanguard's dominance raises questions about competition and governance.
Note: This empire directly benefits from relaxation of financial regulations. For more along these lines, see concise summaries of deeply revealing news articles on financial industry corruption from reliable major media sources.
Aluminium in vaccines may cause autism, controversial new research suggests. Autistic children have up to 10 times more of the metal in their brains than what is considered safe in adults, a study found. Study author Professor Chris Exley from Keele University, said: 'Perhaps we now have the link between vaccination and autism spectrum disorder (ASD), the link being the inclusion of an aluminium adjuvant in the vaccine.' The researchers speculate autism sufferers may have genetic changes that cause them to accumulate aluminium which healthy people are able to remove. Research at Keele University, published in the Journal of Trace Elements in Medicine and Biology, provides the strongest indication yet that aluminium is a cause of ASD. The aluminium content of brain tissues from five donors who died with a diagnosis of ASD was found to be extraordinarily high; some of the highest values yet measured in human brain tissue. Why for example, would one of the four major brain lobes of a 15-year-old boy with autism be 8.74 (11.59) micrograms/g dry weight - a value which is at least 10 times higher than might be considered as acceptable for an adult never mind a child? The new evidence strongly suggests aluminium is entering the brain in ASD via inflammatory cells which have become loaded up with aluminium in the blood and/or lymph, much as has been for certain immune cells at injection sites for vaccines that contain aluminium to increase the body's immune response.
Note: For more along these lines, see concise summaries of deeply revealing vaccine controversy news articles from reliable major media sources.
Electric cars are already cheaper to own and run than petrol or diesel cars in the UK, US and Japan, new research shows. The lower cost is a key factor driving the rapid rise in electric car sales now underway. At the moment the cost is partly because of government support, but electric cars are expected to become the cheapest option without subsidies in a few years. The researchers analysed the total cost of ownership of cars over four years, including the purchase price and depreciation, fuel, insurance, taxation and maintenance. Pure electric cars came out cheapest in all the markets they examined. Pure electric cars have much lower fuel costs – electricity is cheaper than petrol or diesel – and maintenance costs, as the engines are simpler. In the UK, the annual cost was about 10% lower than for petrol or diesel cars in 2015, the latest year analysed. Hybrid cars which cannot be plugged in and attract lower subsidies, were usually a little more expensive than petrol or diesel cars. Plug-in hybrids were found to be significantly more expensive. “We were surprised and encouraged because, as we scale up production, [pure] electric vehicles are going to be becoming cheaper and we expect battery costs are going to fall,” said James Tate, who conducted the research. At current rates, sales of electric cars could outstrip diesel cars as early as May 2019.
Note: China is the world’s biggest supporter of electric cars, and will require one out of every five cars sold there to run on alternative fuel by 2025.
Shell should face investigations in three countries for alleged complicity in Nigerian government abuses, including murder and rape, more than two decades ago in the oil-rich Niger River delta, Amnesty International said. Authorities in Nigeria, the Netherlands and UK should investigate Shell’s conduct, especially in the Ogoni area of the southern delta, the London-based human-rights group said. Violations linked to Europe’s largest energy company amounted to criminal infractions for which it should be prosecuted, it said. “The evidence we have reviewed shows that Shell repeatedly encouraged the Nigerian military to deal with community protests, even when it knew the horrors this would lead to,” Audrey Gaughran, director of Global Issues at Amnesty International, said. Shell “even provided the military with material support, including transport, and in at least one instance paid a military commander notorious for human rights violations,” she said. Shell, the oldest energy company in Africa’s biggest oil producer, operates a joint venture with the government that pumps more than a third of the nation’s crude, the state’s main source of revenue. Other joint ventures are run by ExxonMobil, Chevron, Total and Eni. Protests by the Ogoni ethnic minority against Shell in the 1990s alleging widespread pollution and environmental degradation prompted a repressive response from the military government then in power. Nine ethnic-minority activists, including the writer Ken Saro-Wiwa, were executed in 1995.
Note: It was reported in 2010 that pollution linked to oil production had reduced rural Nigerian life expectancy to "little more than 40 years of age". For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the corporate world.
China has been busy creating a cashless society, where people can pay for so many things now with just a swipe of their cellphones - including donations to beggars - or even buy stuff at vending machines with just facial recognition, and India is trying to follow suit. These are big trends, and in a world where data is the new oil, China and India are each creating giant pools of digitized data that their innovators are using to write all kinds of interoperable applications — for cheap new forms of education, medical insurance, entertainment, banking and finance. “It’s transforming the lives of ordinary people,” explained Alok Kshirsagar, a McKinsey partner based in Mumbai. Now any Indian farmer can just go to one of 250,000 government community centers - each with a computer, Wi-Fi and a local entrepreneur who manages it - log into a government digital services website with the farmer’s unique ID and instantly print out a birth certificate or land records needed for transactions. Similar innovations are going on in energy, explained Mahesh Kolli, president of Greenko, India’s largest renewable power provider. Greenko just built the largest solar project in the world - a 3,000-acre field of Chinese-made solar panels generating 800 megawatts powering over 600,000 homes in Andhra Pradesh. Two more such fields are on the way up. “No new coal or gas power plants are being built in India today,” he added, “not because of regulations, but because solar, wind, hydro are all now able to compete with coal plants without subsidies.”
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The Washington Post says it has uncovered a failed "sting operation" by a group trying to peddle a sensational but false story to its journalists. A source told the newspaper she had been impregnated as a teenager by US politician Roy Moore. The Post said its research debunked her story, and that she worked for a group called Project Veritas, which it said "targets the mainstream news media". The group said the Washington Post was reporting "an imagined sting". The Washington Post said it was originally approached by a woman the day after it published allegations that US Senate candidate Roy Moore had once initiated a sexual encounter with a 14-year-old girl. The woman, who used a fake name, claimed to have had a sexual relationship with Mr Moore when she was 15. "She said that she got pregnant, that Moore talked her into an abortion and that he drove her to Mississippi to get it," the newspaper said of the conversations. Project Veritas has posted a series of tweets claiming to expose bias at the Washington Post. It claimed the newspaper was attempting to divert attention by inventing the "sting operation" story. But many journalists on social media claimed the attempt to prove the Washington Post had published unverified claims had backfired - and showed the opposite.
Note: For more along these lines, see concise summaries of deeply revealing media manipulation news articles from reliable sources.
Each year, the Charities Aid Foundation (CAF) compiles a World Giving Index, and the 2017 rankings list Kenya as the third most generous nation behind Myanmar and Indonesia. The rankings are based on three data points from Gallup's World Poll: the percent of respondents who have donated, volunteered and helped a stranger in the previous month. Overall, the survey found that global giving was down, led by a decline in developed countries. The United States dropped from 2nd to 5th but still gives the largest percentage of its gross domestic product 2.1 percent. But as reflected by Kenya's rise from 40th five years ago to number 3, there is a bright spot in the new rankings. And it's not just a Kenyan trend. "The big story this year is the amazing rise in giving across Africa," says Sir John Low, CAF's chief executive. Kenyan Caroline Teti is the external relations director of GiveDirectly, which gives direct cash transfers in impoverished communities in Kenya. There's only one word on the Kenyan coat of arms "harambee" she says. It's Swahili, meaning: "all pull together." "I think the harambee spirit has inculcated in Kenyans a strong sense of giving," Teti wrote by email, "[P]eople traditionally view individual pressure as a matter that should concern the whole community. In many communities in Kenya, people gave materially to other community members under distress. This took [on] a totally new dimension as people looked to improve the education of their clansmen and the larger community."
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Against the backdrop of the nation's largest Veterans Day parade, Democratic Gov. Andrew Cuomo announced this month he'd sign legislation making New York the latest in a fast-rising tide of states to OK therapeutic pot as a PTSD treatment, though it's illegal under federal law. Twenty-eight states plus the District of Columbia now include PTSD in their medical marijuana programs, a tally that has more than doubled in the last two years. The increase has come amid increasingly visible advocacy from veterans' groups. Retired Marine staff sergeant Mark DiPasquale says the drug freed him from the 17 opioids, anti-anxiety pills and other medications that were prescribed to him for migraines, post-traumatic stress and other injuries from service that included a hard helicopter landing in Iraq in 2005. In a sign of how much the issue has taken hold among veterans, the 2.2-million-member American Legion began pressing the federal government this summer to let Department of Veterans Affairs doctors recommend medical marijuana where it's legal. The Legion started advocating last year for easing federal constraints on medical pot research, a departure into drug policy for the nearly century-old organization. "People ask, `Aren't you the law-and-order group?' Why, yes, we are," Executive Director Verna Jones said at a Legion-arranged news conference early this month at the U.S. Capitol. But "when veterans come to us and say a particular treatment is working for them, we owe it to them to listen and to do scientific research required."
Note: This Associated Press article no longer appears on CNBC's website. Here's an alternate link for the complete article. The illegal drug MDMA was recently fast tracked for FDA approval after preliminary studies found it to be effective for treating PTSD in a therapeutic context. While police in the US arrest more people for marijuana use than for all violent crimes combined, articles like these suggest that the healing potentials of mind-altering drugs are gaining mainstream credibility.
There are many reasons for women to think twice about reporting sexual assault. But one potential consequence looms especially large: They may also be prosecuted. This month, a retired police lieutenant in Memphis, Tenn., Cody Wilkerson, testified, as part of a lawsuit against the city, not only that police detectives sometimes neglected to investigate cases of sexual assault but also that he overheard the head of investigative services in the city’s police department say, on his first day in charge: “The first thing we need to do is start locking up more victims for false reporting.” It’s an alarming choice of priorities. In 2015 we wrote an article ... about Marie, an 18-year-old who reported being raped. Instead of interviewing her as a victim, [detectives] interrogated her as a suspect. Under pressure, Marie eventually recanted - and was charged with false reporting, punishable by up to a year in jail. More than two years later, the police in Colorado arrested a serial rapist - and discovered a photograph proving he had raped Marie. Cases like hers can be found around the country. In 1997, a legally blind woman reported being raped at knife point in Madison, Wis. That same year, a pregnant 16-year-old reported being raped in New York City. In 2004, a 19-year-old reported being sexually assaulted at gunpoint in Cranberry Township, Pa. In all three instances, the women were charged with lying. In all three instances, their reports turned out to be true. The men who raped them were later identified and convicted.
Note: For more along these lines, see concise summaries of deeply revealing news articles on judicial system corruption and sexual abuse scandals.
When the lunch bell rings at Boca Raton High School in Florida, 3,400 kids spill into the courtyard and split into their social groups. But not everyone gets included. Someone always sits alone. "It's not a good feeling, like you're by yourself. And that's something that I don't want anybody to go through," said Denis Estimon. Denis is a Haitian immigrant. When he came here in first grade, he says he felt isolated - especially at lunch. So with some friends, Denis started a club called "We Dine Together." Their mission is to go into the courtyard at lunchtime to make sure no one is starving for company. For new kids especially, the club is a godsend. Since it started last year, hundreds of friendships have formed - some very unlikely. Jean Max Meradieu said he met kids he would never "ever" meet on the football team. Jean actually quit the football team - gave up all perks that come with it - just so he could spend more time with this club. "I don't mind not getting a football scholarship," Jean said. "This is what I really want to do." Just imagine how different your teenage years would have been, if the coolest kids in school all of a sudden decided you mattered. Since we first told this story, Denis has graduated from high school - but not from this mission. He's now travelling the country, opening "We Dine Together" chapters at other schools - 15 so far, with more than 100 slated for the new year. And if we're lucky, when he's done showing kids how to make outsiders feel accepted, he can teach the rest of us.
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Republicans pilloried Hillary Clinton for what they claimed was her inadequate attention to security as secretary of state in the months before the deadly 2012 attacks in Benghazi, Libya. Congress even passed legislation mandating that the department’s top security official have unrestricted access to the secretary of state. But in his first nine months in office, [Secretary of State Rex] Tillerson turned down repeated and sometimes urgent requests from the department’s security staff to brief him. Mr. Tillerson, a former chief executive of Exxon Mobil, has made no secret of his belief that the State Department is a bloated bureaucracy. Even before Mr. Tillerson was confirmed, his staff fired six of the State Department’s top career diplomats. None were given any reason for their dismissals. Since he decided before even arriving at the State Department to slash its budget by 31 percent ... Mr. Tillerson has frozen most hiring and recently offered a $25,000 buyout in hopes of pushing nearly 2,000 career diplomats and civil servants to leave by October 2018. The number of those with the department’s top two ranks of career ambassador and career minister - equivalent to four- and three-star generals - will have been cut in half by Dec. 1, from 39 to 19. “The United States is at the center of every crisis around the world, and you simply cannot be effective if you don’t have assistant secretaries and ambassadors in place,” said R. Nicholas Burns, a retired career diplomat who was an under secretary of state. “It shows a disdain for diplomacy.”
Note: The US State Department under Rex Tillerson recently shut down a decades-old office designed to seek justice for victims of war crimes, as well as removed the terms "just" and "democratic" from the State Department’s list of desired outcomes. For more along these lines, see concise summaries of deeply revealing government corruption news articles from reliable major media sources.
As the Federal Communications Commission prepares to dismantle its net neutrality rules for Internet providers, a mounting backlash from agency critics is zeroing in on what they say are thousands of fake or automated comments submitted to the FCC that unfairly skewed the policymaking process. “The process the FCC has employed,” wrote New York Attorney General Eric Schneiderman this week in a letter to the FCC, “... has been corrupted by the fraudulent use of Americans’ identities.” The New York attorney general's office has been reviewing the comments filed at the FCC on net neutrality. It found that “hundreds of thousands” of submissions may have impersonated New York residents. Some consumers have complained ... that their own names or addresses have been hijacked and used to submit false comments to the FCC. Public comments play an important role at the FCC, which typically solicits feedback from Americans before it votes. At its Dec. 14 meeting, the FCC plans to repeal Obama-era regulations that aimed at ensuring all websites, large and small, are treated equally by Internet providers. Without the rules, Internet providers could begin charging some websites or services more to reach ... regular Internet users. Internet providers have also spent significant time and money lobbying for the regulations to be reversed. And some of the public comments ... bear a striking resemblance to industry talking points.
Note: In the first quarter of 2017 alone, AT&T, Comcast and Verizon spent $11 million lobbying against net neutrality. A Guardian article makes it clear that "pretty much everyone outside the large cable companies supports the FCC’s net neutrality rules." For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the corporate world.
Lidl, Cadbury maker Mondelez, Diageo and other big companies have pulled advertising from YouTube after the Times newspaper found the video sharing site was showing clips of scantily clad children alongside the ads of major brands. Comments from hundreds of paedophiles were posted alongside the images, which appeared to have been uploaded by the children themselves. One video of a pre-teenage girl in a nightie drew 6.5 million views. The paper said YouTube, a unit of Alphabet subsidiary Google, had allowed sexualised imagery of children to be easily searchable and not lived up to promises to better monitor and police its services to protect children. German discount retailer Lidl, Diageo - the maker of Smirnoff vodka and Johnnie Walker whiskey - and Cadbury chocolate maker Mondelez confirmed they had pulled advertising campaigns from YouTube. "It is ... clear that the strict policies which Google has assured us were in place to tackle offensive content are ineffective," a Lidl spokeswoman said. Diageo said it was deeply concerned and had begun an urgent investigation. "We are enforcing an immediate stop of all YouTube advertising until we are confident the appropriate safeguards are in place," the company said. The Times investigation alleged that YouTube does not pro-actively check for inappropriate images of children but instead relies on software algorithms, external non-government organisations and police forces to flag such content.
Note: Read a much more in-depth article on serious problems with kids videos on the Internet. For more along these lines, see concise summaries of deeply revealing corporate corruption news articles from reliable major media sources.
Thursday 16th November marked the 7th Annual Lovie Awards. This year, Livia Firth was the winner of the Emerging Entrepreneur Award for her fight for sustainable fashion as the founder and creative director of Eco-Age. Livia founded Eco-Age in 2009 as a brand consultancy providing sustainability strategies and communication tools to fashion brands. Their modus operandi is to demystify the supply chain so that brands can be sure they are working with suppliers and manufacturers that guarantee responsible sourcing and production of materials and ethical labour practices. She and her team work with several brands to help them become sustainable and conscious as part of their core operations and values – not as a token ‘project’ seeking to gain sustainability credentials. Livia points to a tactic of some large, fast-fashion brands, of producing a product or small number of products ‘sustainably’, that are then heavily promoted in an attempt to create a cleaner, greener brand image, which she dismisses as “bullshit green-washing”, to divert attention from the dirty fashion practices continuing throughout the supply chain in those brands. Eco-Age refuses to conduct business with fast-fashion businesses due to the ethical crimes being committed and their failure to provide a living wage. She comments that being awarded a Lovie is recognition of her engagement with the public ... to inform, educate and enlighten consumers.
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Japan is prone to fads. One has hit finance: investing in assets screened for ESG (environmental, social and governance) factors. In 2014-16 funds invested in ESG assets grew faster in Japan than anywhere else. Today Japan’s sustainable-investment balance is $474bn, or some 3.4% of the country’s total managed assets - low compared with Europe or America, but high for Asia. The shift is driven from the top down, rather than, as elsewhere, by ethically minded individual investors. The big boost for ethical investing in Japan came from the Government Pension Investment Fund (GPIF), the world’s biggest public-sector investor, with $1.3trn of assets under management. In 2015 GPIF signed the UN’s Principles for Responsible Investment. This year it invested 3% of its holdings in socially responsible assets, using three ESG indices. Smaller investors have started to follow suit. Hiromichi Mizuno, GPIF’s chief investment officer, says the decision to invest in three ESG indices is for the long-term future, rather than with an eye on short-term returns or to support government policy: “The more companies pay attention to the sustainability of the environment, society and governance, the more likely investors are to find investment opportunities in them.” Analysts say GPIF is setting a trend for sustainable investing not just in Japan but globally. It has said it wants to increase its allocations in ESG funds to 10% of its assets.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.