Ontario students urge their teachers to pressure pension fund to divest from fossil-fuel projects theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Ontario students push teachers to pressure pension fund to divest from fossil fuels
A flare stack lights the sky from a refinery in Edmonton on December 28, 2018. An environmental coalition is appealing to Ontario teachers to pressure their pension fund to divest from companies that develop or transport fossil fuel products. THE CANADIAN PRESS/Jason Franson January 07, 2021 - 10:06 AM
TORONTO - An environmental coalition is appealing to Ontario teachers to pressure their pension fund to divest from companies that develop or transport fossil fuel products.
In a four minute YouTube video, a group of students from across Ontario read a letter to their teachers, asking them to push the Ontario Teachers Pension Plan to stop investing their retirement savings in oil, gas, coal, and pipeline companies.
Round: Venture
Description: San Francisco-based Verily develops tools and devices to collect and analyze health data to research and manage diseases. Founded by Andrew Conrad, Brian Otis, Jessica Mega in 2015, Verily has now raised a total of $2.5B in total equity funding and is backed by investors that include Silver Lake, Temasek Holdings, Alphabet, and Ontario Teachers’ Pension Plan.
Investors in the round: Alphabet, Ontario Teachers’ Pension Plan, Silver Lake, Temasek Holdings
Industry: Enterprise Software, Health Care, Information Technology, Software
Founders: Andrew Conrad, Brian Otis, Jessica Mega
Founding year: 2015
Total equity funding raised: $2.5B The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the wo
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Graphcore makes high-end chips that can be put into computers to make them faster at crunching data.
The chips accelerate machine learning, otherwise known as artificial intelligence.
They are currently used in driverless cars, traffic management systems and drug development. Customers include Dell, Microsoft and Samsung.
There is growing excitement surrounding the company, which was founded in 2016 by experienced techies Nigel Toon and Simon Knowles, amid hopes that it might become the UK’s next Arm.
Toon believes the firm could look to list in London by 2022 and has been sounding out investment banks.
He said: ‘We would love to list in London but we’ll go when we are ready. All our new investors typically invest in publicly listed companies.’
Getting off the ground
Governments and investors have been terrible at making projects happen. Can this time be different?
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N THE 1920S the Lambert Flying Field in St Louis, Missouri, was a hive of innovation and celebrity. It became the first airport with a traffic-control system, waving flags at pilots. Charles Lindbergh flew airmail from it before making the first solo flight across the Atlantic. Today the airport is old, obscure and drab. So in 2017 it joined an experimental privatisation scheme, a key plank of President Donald Trump’s effort to revamp America’s infrastructure. By 2019, according to a confidential note seen by