EQS-News: PJSC Mechel : Mechel Wins Award for Social and Ecological Projects in Chelyabinsk
vom 24.12.2020, 10:10 Uhr
Bild: pixabay.com
PJSC Mechel : Mechel Wins Award for Social and Ecological Projects in Chelyabinsk
24.12.2020 / 12:10 MSK
MECHEL WINS AWARD FOR SOCIAL AND ECOLOGICAL PROJECTS
IN CHELYABINSK
Moscow, Russia - 24 December 2020 - Mechel Group became a laureate of the Region Development. Best for Russia 2020 Award. For the contest, the company submitted its projects of improving Chelyabinsk s environment and promoting the region s stable development.
The award aims to highlight the most efficient regional practices that enable fruitful cooperation between businesses, society and authorities in the business s territory of presence. The award s expert council, which includes heads and representatives of more than 20 Russian regions, voted on the best projects in 14 key categories, from retail to digital technologies.
High ESG ratings for bonds as well as stocks mean risk reduction, says Bob Smith, president and chief investment officer of Sage Advisory, who began his career rating bonds at Moody’s. “Like on the equity side, you’re buying quality, stability, safety, the ability to withstand adversity,” says Smith.
Indeed, higher-rated ESG bonds performed better during this year’s crisis, similar to how they performed during the 2012 European sovereign debt crisis and the 2016 energy crisis, according to research by Northern Trust Asset Management.
“Anchor to windward, the ballast in your tank, all the things you hear about why ESG matters were reflected” in the performance of highly ranked ESG bonds during the crisis, Smith says. “The true virtue is that these are exceptionally good diversifiers relative to higher-beta equity portfolios” that have a lot of risk.
Editorâs Note: The News-Herald will be publishing ongoing events as well as events happening on specific dates. Before attending an event, contact the organizers to find out if it has been cancelled due to COVID-19.
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Events added this week
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Winter Ways of the Bay: From 1-3 p.m. on Saturday, Jan. 9 at the Airport Wildlife Refuge. Enter at 28820 East River Rd, Grosse Ile. Join the Grosse Ile Nature Land Conservancy for a walk through the Gibraltar Bay area with our naturalist to look for signs of our winter wildlife. We’ll be discussing how winter affects our plants and animals, and some of the strategies they u