Scottish Episcopal Church to debate changes to marriage canon

first_imgScottish Episcopal Church to debate changes to marriage canon Comments (1) Associate Rector Columbus, GA AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Director of Administration & Finance Atlanta, GA Tags Human Sexuality, Same-Sex Marriage Anglican Communion, Director of Music Morristown, NJ May 20, 2016 at 8:04 am Make it happen. Quit being afraid of African churches Priest-in-Charge Lebanon, OH Course Director Jerusalem, Israel Rector/Priest in Charge (PT) Lisbon, ME Rector Washington, DC Rector Shreveport, LA Rector Collierville, TN Bishop Diocesan Springfield, IL Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Rector Martinsville, VA Youth Minister Lorton, VA Rector Hopkinsville, KY Press Release Service Curate Diocese of Nebraska Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector Pittsburgh, PA Submit a Press Release Rector Tampa, FL Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Family Ministry Coordinator Baton Rouge, LA Submit a Job Listing Featured Jobs & Calls Priest Associate or Director of Adult Ministries Greenville, SC Rector Belleville, IL Rector Knoxville, TN Associate Priest for Pastoral Care New York, NY Frank Riggio-Preston says: Assistant/Associate Priest Scottsdale, AZ [Anglican Communion News Service] A proposal to amend the marriage canon to permit same-sex weddings in churches will be considered by the General Synod of the Scottish Episcopal Church next month. The proposed changes, which were requested by the Synod in 2015, remove the current definition of marriage in the first clause of the canon and adds a new “conscience clause” to prevent clergy opposed to the move from being forced to conduct same-sex weddings against their will.The current Canon, C31, begins by defining marriage by stating: “The Doctrine of this Church is that Marriage is a physical, spiritual and mystical union of one man and one woman created by their mutual consent of heart, mind and will thereto, and is a holy and lifelong estate instituted of God.”The proposed amendment to Canon C31 would replace that wording with a new clause which says: “In the light of the fact that there are differing understandings of the nature of marriage in this Church, no cleric of this Church shall be obliged to conduct any marriage against their conscience. . .”The Synod is being asked to give the proposed amendment a first reading – this requires a simple majority in each house of Synod. If approved, it would return to the Synod next year for a second reading. This would require a two-thirds majority in each house. In between first and second reading, diocesan synods have the opportunity to make their views known on the proposals.A counter-motion from the Diocese of Aberdeen and Orkney reaffirming the traditional doctrine of marriage will be put to the Synod; but only if it declines to give the proposed changes to the canon a first reading.The Diocese of Aberdeen and Orkney had proposed a motion saying that“In the light of the recent Anglican Primates meeting we, the General Synod of the Scottish Episcopal Church, wish to:a) Support the Primates’ reaffirmation of the traditional doctrine of the church in upholding marriage as between a man and a woman in faithful, lifelong union. b) And commit to making no decisions that could put the SEC’s relationship with the Anglican Communion at risk.”The Standing Committee has agreed to put the first part of the motion to the Synod; but has rejected part B. “That is partly because the wording of the motion is too vague and ambiguous to be legally competent to put to the Synod,” Secretary General John F. Stuart said in a note to Synod members.“The motion seeks to commit the Synod to taking no action that would put the Scottish Episcopal Church’s relationship with the Anglican Communion at risk. However, at the time of making a decision to take any action, General Synod would not necessarily be in a position to know whether any such prospective action would put the SEC’s relationship with the Anglican Communion at risk.“Nor is the meaning of ‘at risk’ clear. Also, short of the usual canonical process, one General Synod cannot bind a future General Synod as to how it should or should not act. In practice, it is for each Synod to decide for itself what decisions it wishes to make, in the light of whatever information is available to it at the time,” he said.Discussion on the issue will begin on the afternoon of Thursday, June 9, when Synod members will debate a report on the Primates’ Gathering and Meeting that took place in Canterbury Cathedral, England, in January and the Anglican Consultative Council (ACC-16) meeting in the Cathedral of the Holy Cross in Lusaka, Zambia, in April. After this, the Bishop of Glasgow & Galloway, the Rt. Rev. Gregor Duncan, acting convener of the provincial Faith and Order Board, will present a report detailing the proposed changes and explaining the process to be following by the Synod the following day.During this session, the bishop will also “outline further recommendations . . . of how best the unity of the Church can be maintained in the event of the Synod deciding to alter Canon 31,” Duncan said; and he will also “outline work being done by the College of Bishops on ‘surrounding’ issues which need to be addressed in advance of any second reading of the Canon in 2017.”On the morning of Friday, June 10, the Synod will debate the first reading of the proposed changes. If the Synod gives the proposals a first reading, the shortened motion from the Aberdeen and Orkney diocese will not be debated. By Gavin DrakePosted May 20, 2016 TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Smithfield, NC Assistant/Associate Rector Washington, DC Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Comments are closed. The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Canon for Family Ministry Jackson, MS Rector and Chaplain Eugene, OR Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York New Berrigan Book With Episcopal Roots Cascade Books This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Associate Rector for Family Ministries Anchorage, AK Curate (Associate & Priest-in-Charge) Traverse City, MI Missioner for Disaster Resilience Sacramento, CA Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Featured Events Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector (FT or PT) Indian River, MI In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Cathedral Dean Boise, ID Rector Albany, NY Rector Bath, NC Submit an Event Listing Assistant/Associate Rector Morristown, NJ last_img read more

CalPERS to transform ESG to ‘data-driven mainstay’ of investment

first_imgIn an exclusive interview with IPE, Anne Simpson, senior portfolio manager for global equity and head of the Corporate Governance Program at CalPERS, discussed the genesis of the pension fund’s new approach, the scope of the pilot programme and the strategic goals for the initiative.“We’re reframing the ESG debate as an investment issue,” Simpson said. “For us, it’s the natural next step from adopting investment beliefs a couple of years ago. We’re shifting from thinking about this as ‘ESG issues,’ and thinking about what is required for our funds to be sustainable over the 70-year liability horizon we’ve got.”Two of the investment beliefs “set the stage for what CalPERS is doing.“One is that long-term value creation comes from the management of three forms of capital – financial capital, human capital and also physical capital,” Simpson said.“We’ve never been terribly fond of the ESG acronym. By reframing this as sustainable investment around these three forms of capital, we’ve given an economic framing of the issue to use in explaining what it is we want our managers to be paying attention to when they’re deploying capital.”The second CalPERS investment belief is the statement that “risk is multifaceted for an investor like CalPERS, because of our size, the longevity of our liabilities and so forth”.“Risk for us isn’t captured just through tracking error and volatility – natural resource scarcity and demographic and climate changes are also risks.”From that global basis, Simpson said, “the next question is what sort of agenda does that set for the policies and the monitoring we want our managers to report to us on”.CalPERS felt strongly it was important to develop this bottom-up and formed an internal cross-asset-class team of 20 people that undertook a two-year project with two objectives.“The definitions of what is meant by sustainable investment are hazy at best, so the first thing we need to do is define this for ourselves, and that’s where the investment beliefs come in,” she said.“Second, we needed to review the data and tools that might be available because, although we might be saying human capital needs to be properly managed for purposes of producing long-term value, there’s precious little by way of data and useful information about that that can be integrated into your financial assessments.”CalPERS’s system staff will develop expectations about the factors relevant to investing sustainably in each asset class and how those factors should be woven into the manager selection process.The development of sustainable investing criteria will focus most on external managers. At CalPERS, 70% of assets are invested internally via quantitatively managed public equity portfolios and an active fixed income portfolio. External managers are used primarily for private-market assets.“What we’re just starting now is a pilot phase, for about a year,” Simpson said. “We want the managers to come back to us and articulate the ESG factors – the sustainable investment factors in the new language – which they have reflected in their investment policies, and second, to report to us on how those are not just identified but how those are tracked and integrated into the decision-making process.”Despite the large number of managers that have become signatories to the PRI, Simpson said the identification of relevant sustainability issues was still at an early stage.“People might say, ‘oh yes, environmental issues are terribly important,’ but which issues, at what stage and where – something that might be just relevant at a sector level can become material depending on your location,” she said.“You can think about something as simple as water – either too much or too little. If you’re in a coastal property that might suffer inundation from the sea level rising or extreme weather events, that’s one kind of risk, while if you’re in California you can be acutely aware of what water scarcity can do to your business strategy.”Both are serious risks, she said, “but we do not have an agreed accounting standard or even a set of reliable data to track water as an input”.CalPERS aims to jump-start a process that will lead to rigorous quantification of the factors that affect the long-term sustainability of a business.All managers will be asked to explain how they define these issues, what their policies are and their data and modelling of sustainability factors.At the same time, CalPERS is reducing the number of external managers. “Another aspect of the investment beliefs is the simple and obvious statement that costs matter,” Simpson said. “We’ve got more managers than makes sense.”In what Simpson described as a “shrink-to-fit” process, CalPERS will trim its roster of more than 200 managers. “The goal is to have around 100 managers so we can have bigger strategic relationships where we’ll be able to have more impact on the fee structure and better alignment,” she said. “Next year, we’ll take a look at what managers come back with.”Responses to the sustainability initiative will be one more data point in the review.“In what will become the legacy portfolio, managers will be wound down over a period of time. In the strategic portfolio that comes out of this review and selection process, managers will report to CalPERS for the long term, and our thinking will evolve as we work our way through this pilot programme.”While some managers will lose CalPERS mandates in the course of the review, Simpson said she remained focused on the big picture.“One of the most important things we’re doing in this process is setting up an investment demand for better sustainability data and better modelling, and fundamentally, the integration of these factors into financial reporting,” she said.“At the moment, there are 101 terrific initiatives around, which gather data from some companies on some issues, but it’s not integrated into the reports that get filed or audited.”Ultimately, CalPERS is seeking to spark investment management innovation.“The prize here would be that, through this process, you get investment managers behind the notion that sustainability issues need to be properly defined, properly tracked and ultimately connected into the risk/return framework that investment is all about,” Simpson said.“That’s a big project but one that a fund of our size takes on.” The California Public Employees’ Retirement System (CalPERS), the largest public-employee pension system in the US, with about $350bn (€317bn) in assets, in June launched a pilot programme that will lead to formal requirements that all managers receiving capital allocations articulate and implement ESG principles into their investment processes.To date, ESG policies at most large pension plans have focused on company-specific issues where major asset owners could engage directly with management to push for changes at the company level.Other managers have met pension fund requirements that they incorporate ESG criteria by signing on to the Principles for Responsible Investment administered by the United Nations Environmental Programme Finance Initiative.CalPERS’s initiative aims to identify and document on a consistent basis the ESG practices, and supporting data and modelling, that managers in all asset classes use in actual investment decisions.last_img read more

Dr. B R Ambedkar North East Football meet begins in Sivasagar

first_imgA CORRESPONDENTGAURISAGAR: Bharat Ratna Babasaheb Dr. B R Ambedkar Memorial North East Football Tournament kicked off at ONGC Playground, Sivasagar on Wednesday. The tournament is organized by ONGC to commemorate the 125th Birth Anniversary of Bharat Ratna Babasaheb Dr. B R Ambedkar in association with AISCSTEWA, ONGC, Assam Asset. It aims to promote football in the region and inspire the young generation to indulge in sports. Altogether eight teams are participating in the meet; they are ONGC XI, Mising Autonomous Council, Dhemaji, Rynith Sports & Cultural Club, Meghalaya, Jorhat Town Club, Jorhat, ASEB Sports Club, Jampuijala Play Centre, Tripura, North Imphal Sporting Association, Imphal and Assam Police Blues. The tournament was declared open by the Chief Guest of the Inaugural Ceremony Sanjeev Kakran, Executive Director & Asset Manager, ONGC, Assam Asset.The prize money for the tournament is Rs 1,50,000 for the champion and Rs 1,00,000 for the runners.Also Read: Charaideo, Lakhimpur storm into final of U-19 Indu Hazarika FootballAlso Watch: Woman set on fire by in-laws in Katigara under Cachar, Rescued after one monthlast_img read more

‘Weatherman’ Daniels forecasted as 1st-day pick

first_imgThe weather is finally starting to clear up for former UW tight end Owen Daniels.After recently receiving his degree in atmospheric and oceanic sciences, Daniels will give up weather and enter the NFL Draft, where he is predicted to go in the first round.”It’s good that people are talking about me at least,” Daniels commented about the discussion of his name for the first round. “I had a couple of injuries this year and I did not exactly have the year I wanted to have, but I finished strong in the last couple of games we had, and that was good for me to do that. Hopefully, I’ll do well at the combine and put up good numbers there.”Daniels finished his final game in cardinal and white in style by scoring a touchdown in the first half at the Capital One Bowl against Auburn. Also during the game, ABC commentators gave Daniels a new moniker, “The Weatherman,” that will most likely follow him into the NFL.”It’s funny,” Daniels said about his new nickname. “It’s good for people who might be interested in a weather guy on TV. They got my name out there, that is for sure.”After Daniels finishes his football career, he plans to fall back on his degree and pursue a career in meteorology. The Weatherman has already had a number of appearances on local Madison TV stations this year.”These past [few] years, I would do weather reports for stations here in Madison, as well as game day forecasts, and they were putting them on TV and a lot of people were seeing that, so that’s good,” Daniels said.A lot of people also saw Daniels’ former teammate Brian Calhoun etch his name into the record books this season by accumulating 144 points and 348 rushing attempts, both UW school records.Like Daniels, Calhoun will also take his talents to the NFL Draft, something Daniels is looking forward too.”It’s exciting,” said Daniels, who caught four touchdowns and 22 passes in 2005. “These next four months are going to be pretty crazy, with workouts and the combine, and then being with teams and interviewing them up to Draft Day, but I’m looking forward to it.”According to About Football, Daniels is ranked seventh among tight ends entering the draft. Vernon Davis from Maryland, Marcedes Lewis from UCLA, Leonard Pope from Georgia, Anthony Fasano of Notre Dame, Dominique Byrd of USC and Joe Klopfenstein of Colorado are all ranked ahead of him.Whatever the case, whether Daniels goes high in the draft or not at all, the future looks sunny for the future Weatherman.last_img read more