Sse Plc Sustainability Report 2021 the Year in Numbers
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TEACHERS' RETIREMENT SYSTEM of the STATE of ILLINOIS 2815 West Washington Street I P.O
Teachers’ Retirement System of the State of Illinois Compliance Examination For the Year Ended June 30, 2020 Performed as Special Assistant Auditors for the Auditor General, State of Illinois Teachers’ Retirement System of the State of Illinois Compliance Examination For the Year Ended June 30, 2020 Table of Contents Schedule Page(s) System Officials 1 Management Assertion Letter 2 Compliance Report Summary 3 Independent Accountant’s Report on State Compliance, on Internal Control over Compliance, and on Supplementary Information for State Compliance Purposes 4 Independent Auditors’ Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards 8 Schedule of Findings Current Findings – State Compliance 10 Supplementary Information for State Compliance Purposes Fiscal Schedules and Analysis Schedule of Appropriations, Expenditures and Lapsed Balances 1 13 Comparative Schedules of Net Appropriations, Expenditures and Lapsed Balances 2 15 Comparative Schedule of Revenues and Expenses 3 17 Schedule of Administrative Expenses 4 18 Schedule of Changes in Property and Equipment 5 19 Schedule of Investment Portfolio 6 20 Schedule of Investment Manager and Custodian Fees 7 21 Analysis of Operations (Unaudited) Analysis of Operations (Functions and Planning) 30 Progress in Funding the System 34 Analysis of Significant Variations in Revenues and Expenses 36 Analysis of Significant Variations in Administrative Expenses 37 Analysis -
Reforming the Electricity Market
HOUSE OF LORDS Select Committee on Economic Affairs 2nd Report of Session 2016–17 The Price of Power: Reforming the Electricity Market Ordered to be printed 8 February 2017 and published 24 February 2017 Published by the Authority of the House of Lords HL Paper 113 Select Committee on Economic Affairs The Economic Affairs Committee was appointed by the House of Lords in this session “to consider economic affairs”. Membership The Members of the Select Committee on Economic Affairs are: Baroness Bowles of Berkhamsted Lord Layard Lord Burns Lord Livermore Lord Darling of Roulanish Lord Sharkey Lord Forsyth of Drumlean Lord Tugendhat Lord Hollick (Chairman) Lord Turnbull Lord Kerr of Kinlochard Baroness Wheatcroft Lord Lamont of Lerwick Declaration of interests See Appendix 1. A full list of Members’ interests can be found in the Register of Lords’ Interests: http://www.parliament.uk/mps-lords-and-offices/standards-and-interests/register-of-lords- interests Publications All publications of the Committee are available at: http://www.parliament.uk/hleconomicaffairs Parliament Live Live coverage of debates and public sessions of the Committee’s meetings are available at: http://www.parliamentlive.tv Further information Further information about the House of Lords and its Committees, including guidance to witnesses, details of current inquiries and forthcoming meetings is available at: http://www.parliament.uk/business/lords Committee staff The staff who worked on this inquiry were Ayeesha Waller (Clerk), Ben McNamee (Policy Analyst), Oswin Taylor (Committee Assistant) and Dr Aaron Goater and Dr Jonathan Wentworth of the Parliamentary Office of Science and Technology. Contact details All correspondence should be addressed to the Clerk of the Economic Affairs Committee, Committee Office, House of Lords, London SW1A 0PW. -
View Members of the Access and Forward Looking Task Forces Here
Organisation Name Email address Task Force Stakeholder Group Forward-Looking Citizens Advice Andy Pace [email protected] Consumer representatives charges Energy Intensive Users Forward-Looking Jeremy Nicholson [email protected] Consumer representatives Group charges Forward-Looking Energy Local Mary Gillie [email protected] Local energy groups charges Forward-Looking Centrica Tim Collins [email protected] Large generators and suppliers charges Forward-Looking Npower (supplier) Daniel Hickman [email protected] Large generators and suppliers charges Scottish Power Energy Forward-Looking Joe Dunn [email protected] Large generators and suppliers Management charges Forward-Looking SSE plc John Tindal [email protected] Large generators and suppliers charges Forward-Looking Good Energy Tom Steward [email protected] Small suppliers charges Forward-Looking BUUK (IDNO) Michael Harding [email protected] Network companies charges Electricity North West Forward-Looking Chris Barker [email protected] Network companies Limited charges Forward-Looking National Grid Louise Schmitz [email protected] Network companies charges Forward-Looking Northern Powergrid Andrew Enzor [email protected] Network companies charges Scottish and Southern Forward-Looking Nigel Bessant [email protected] Network companies Electricity Networks charges Forward-Looking UK Power Networks Chris Ong [email protected] Network companies charges Association for -
Annex 1: Parker Review Survey Results As at 2 November 2020
Annex 1: Parker Review survey results as at 2 November 2020 The data included in this table is a representation of the survey results as at 2 November 2020, which were self-declared by the FTSE 100 companies. As at March 2021, a further seven FTSE 100 companies have appointed directors from a minority ethnic group, effective in the early months of this year. These companies have been identified through an * in the table below. 3 3 4 4 2 2 Company Company 1 1 (source: BoardEx) Met Not Met Did Not Submit Data Respond Not Did Met Not Met Did Not Submit Data Respond Not Did 1 Admiral Group PLC a 27 Hargreaves Lansdown PLC a 2 Anglo American PLC a 28 Hikma Pharmaceuticals PLC a 3 Antofagasta PLC a 29 HSBC Holdings PLC a InterContinental Hotels 30 a 4 AstraZeneca PLC a Group PLC 5 Avast PLC a 31 Intermediate Capital Group PLC a 6 Aveva PLC a 32 Intertek Group PLC a 7 B&M European Value Retail S.A. a 33 J Sainsbury PLC a 8 Barclays PLC a 34 Johnson Matthey PLC a 9 Barratt Developments PLC a 35 Kingfisher PLC a 10 Berkeley Group Holdings PLC a 36 Legal & General Group PLC a 11 BHP Group PLC a 37 Lloyds Banking Group PLC a 12 BP PLC a 38 Melrose Industries PLC a 13 British American Tobacco PLC a 39 Mondi PLC a 14 British Land Company PLC a 40 National Grid PLC a 15 BT Group PLC a 41 NatWest Group PLC a 16 Bunzl PLC a 42 Ocado Group PLC a 17 Burberry Group PLC a 43 Pearson PLC a 18 Coca-Cola HBC AG a 44 Pennon Group PLC a 19 Compass Group PLC a 45 Phoenix Group Holdings PLC a 20 Diageo PLC a 46 Polymetal International PLC a 21 Experian PLC a 47 -
Rio Tinto BHP, Tesco, Sainsbury, Arcelormittal, National Grid
Quarterly Engagement Rio Tinto Report July-September BHP, Tesco, 2020 Sainsbury, ArcelorMittal, National Grid 2 LAPFF QUARTERLY ENGAGEMENT REPORT | JULY-SEPTEMBER 2020 lapfforum.org CLIMATE EMERGENCY Puutu Kunti Kurrama and Pinikura Aboriginal Corporation Rio Tinto under pressure from investors over Juukan Gorge As LAPFF has been learning more about “My interaction with Mr. Rio Tinto’s involvement in the destruc- Thompson, in his roles as Chair tion of the historically significant caves of both Rio Tinto and 3i, has been at Juukan Gorge in Western Australia, there have been increasing concerns positive thus far. However, I sense about the company’s corporate govern- that investors are losing confidence ance practices. Consequently, the Forum in his leadership and in his board at – along with other investor groups, most Rio Tinto. It will be a long road back What happened at prominently the Australasian Centre for for the company.” Juukan Gorge? Corporate Responsibility (ACCR) - has been pushing the company to review its Cllr Doug McMurdo In May, Rio Tinto destroyed 46,000-year- corporate governance arrangements. old Aboriginal caves in the Juukan One of the main strategies in this Gorge region of Western Australia. The engagement has been to issue press responding to information issued by explosions were part of a government releases citing LAPFF’s concerns as vari- Australian Parliamentary inquiries into sanctioned mining exploration in ous details of Rio Tinto’s practices were this matter. There appears to be increas- the region. The caves are of cultural revealed through a range of investiga- ing evidence of corporate governance fail- significance to the Puutu Kunti tions. -
Advanced Higher Business Management Specimen
National Qualications SPECIMEN ONLY AHS810/77/11 Business Management Case Study Date — Not applicable Duration — 2 hours 45 minutes It is recommended that you spend 15 minutes reading the information provided before responding to the questions. You will find the questions in the question paper S810/77/21. © *S8107711* SSE plc Background SSE plc (formerly Scottish and Southern Energy plc) is a Scottish energy company headquartered in Perth, Scotland. Since 2013, Alistair Phillips-Davies has been the company’s Chief Executive who is responsible for strategic planning and the overall direction of SSE plc. SSE plc is involved primarily in producing, distributing and supplying electricity and gas to households located in the United Kingdom (UK) and Ireland. Its subsidiaries are organised into the main business areas of: generation, transmission, distribution and supply of electricity; storage and supply of gas; electrical and utility contracting; and domestic appliance retailing and telecoms. It is considered as one of the ‘Big 6’ companies which dominate the UK’s energy market, together with British Gas, EDF Energy, E.ON, Npower and Scottish Power. The energy sector is undergoing significant change, and this case study is limited to events prior to 31 March 2018. (Exhibit 1 gives an overview of the background and role of SSE plc’s Chief Executive.) Corporate affairs Living wage In 2016 the UK government implemented the National Living Wage. Before then, in 2013, SSE plc was officially accredited with being the largest voluntary living wage employer in the UK. Fair Tax Mark In 2014, SSE plc became the first FTSE 100 company to be awarded the Fair Tax Mark. -
Portfolio Investment Report
December 2019 Bristol University Holdings as at 31st December 2019 Please note that the following information is valid as at 31/12/2019. The provision of this information does not constitute a recommendation, investment advice, nor financial promotion. Holdings are subject to change without notice and their accuracy and completeness cannot be guaranteed. No part of this document may be reproduced in any manner without Rathbones prior permission. As per the University’s Investment policy, the portfolio is moving to full fossil fuel divestment and a measurable reduction in the carbon intensity of the investments over time. To date, the only remaining direct position in the Oil & Gas sector is Equinor, representing approximately 0.78% of the portfolio. Direct investment in the Energy sector which is used to measure carbon intensity, includes Orsted, SSE and National Grid. These stocks represent approximately 4.94% of the portfolio. SECURITY NAME SECTOR TREASURY 1 7/8% I/L Stock 22/11/2022 UK Index Linked Government Bonds TREASURY 2 1/2% I/L Stock 17/07/2024 UK Index Linked Government Bonds RABOBANK NEDERLAND 2.25% Snr MTN 23/03/2022 UK Inv Grade Bonds - Higher Quality COVENTRY BUILDING SOCIETY 1.875% Bonds 24/10/2023 UK Inv Grade Bonds - Higher Quality KREDITANST FUR WIE 5.5% MTN 18/6/2025 UK Inv Grade Bonds - Higher Quality EURO INVESTMENT BANK 3.75% MTN 7/12/2027 UK Inv Grade Bonds - Higher Quality A2 DOMINION HOUSING GROUP LTD 3.5% Bonds 15/11/2028 UK Inv Grade Bonds - Higher Quality FIDELITY INTERNATIONAL 6.75% Notes 19/10/2020 UK Investment -
Georgeson's 2017 Proxy Season Review
Georgeson’s 2017 Proxy Season Review Bridging the gap between issuers and investors FRANCE GERMANY ITALY NETHERLANDS SPAIN SWITZERLAND UK Proxy Season Review 2017 Contents Introduction and Key Figures Page 2 UK Page 4 Switzerland Page 60 1. Voting in the United Kingdom 5 1. Voting in Switzerland 62 1.1 Quorum overview 5 1.1 Quorum overview 62 1.2 Rejected resolutions 8 1.2 Rejected resolutions 63 1.3 Withdrawn resolutions 10 1.3 Contested resolutions 65 1.4 Contested resolutions 10 2. Proxy Advisors 69 2. Proxy Advisors 14 3. Corporate Governance Developments 72 3. Corporate Governance Developments 17 France Page 20 Italy Page 74 1. Voting in France 22 1. Voting in Italy 76 1.1 Quorum overview 22 1.1 Quorum overview 76 1.2 Rejected resolutions 23 1.2 Rejected resolutions 77 1.3 Contested agenda items 24 1.3 Contested resolutions 78 2. Proxy Advisors 27 2. Proxy Advisors 83 3. Corporate Governance Developments 31 3. Corporate Governance Developments 86 Netherlands Page 34 Spain Page 90 1. Voting in the Netherlands 36 1. Voting in Spain 92 1.1 Quorum overview 36 1.1 Quorum overview 92 1.2 Rejected resolutions 38 1.2 Rejected resolutions 94 1.3 Withdrawn resolutions 38 1.3 Contested resolutions 94 1.4 Contested adgenda items 39 2. Proxy Advisors 96 2. Proxy Advisors 42 3. Corporate Governance Developments 99 3. Corporate Governance Developments 44 Germany Page 48 Global locations Page 100 1. Voting in Germany 50 1.1 Quorum overview 50 1.2 Rejected resolutions 51 1.3 Contested resolutions 52 2. -
International Value Fund Q3 Portfolio Holdings
Putnam International Value Fund The fund's portfolio 3/31/21 (Unaudited) COMMON STOCKS (96.1%)(a) Shares Value Aerospace and defense (0.7%) BAE Systems PLC (United Kingdom) 137,249 $955,517 955,517 Airlines (1.2%) Qantas Airways, Ltd. (voting rights) (Australia)(NON) 437,675 1,698,172 1,698,172 Auto components (1.5%) Magna International, Inc. (Canada) 23,813 2,097,257 2,097,257 Automobiles (1.2%) Yamaha Motor Co., Ltd. (Japan) 70,500 1,742,181 1,742,181 Banks (14.7%) AIB Group PLC (Ireland)(NON) 708,124 1,861,795 Australia & New Zealand Banking Group, Ltd. (Australia) 165,820 3,561,114 BNP Paribas SA (France)(NON) 28,336 1,723,953 CaixaBank SA (Spain) 295,756 915,292 DBS Group Holdings, Ltd. (Singapore) 60,800 1,311,573 DNB ASA (Norway) 71,016 1,511,129 Hana Financial Group, Inc. (South Korea) 38,370 1,447,668 ING Groep NV (Netherlands) 362,345 4,432,786 Lloyds Banking Group PLC (United Kingdom)(NON) 1,014,265 594,752 Mizuho Financial Group, Inc. (Japan) 73,920 1,066,055 Skandinaviska Enskilda Banken AB (Sweden)(NON) 30,210 368,223 Sumitomo Mitsui Financial Group, Inc. (Japan) 67,400 2,450,864 21,245,204 Beverages (1.0%) Asahi Group Holdings, Ltd. (Japan) 33,700 1,426,966 1,426,966 Building products (1.1%) Compagnie De Saint-Gobain (France)(NON) 27,404 1,617,117 1,617,117 Capital markets (3.6%) Partners Group Holding AG (Switzerland) 1,115 1,423,906 Quilter PLC (United Kingdom) 798,526 1,759,704 UBS Group AG (Switzerland)(NON) 132,852 2,057,122 5,240,732 Chemicals (1.1%) LANXESS AG (Germany) 21,951 1,618,138 1,618,138 Construction and engineering (2.5%) Vinci SA (France) 35,382 3,624,782 3,624,782 Construction materials (1.2%) CRH PLC (Ireland) 38,290 1,794,760 1,794,760 Containers and packaging (0.8%) SIG Combibloc Group AG (Switzerland) 51,554 1,192,372 1,192,372 Diversified financial services (2.1%) Eurazeo SA (France)(NON) 20,542 1,563,415 ORIX Corp. -
SSE’S Response
Non-confidential version 1. Section 1 - A Summary of SSE’s Response 1.1 Introduction 1.1.1 This document sets out SSE plc’s (SSE) formal response (the Response) to the Competition and Markets Authority’s (CMA) Statement of Issues dated 24 July 2014 (the Issues Statement). 1.1.2 In the Issues Statement, the CMA articulates four theories of harm (the Theories of Harm). The Response first sets out an overview of SSE’s role in the competitive GB energy market before addressing each Theory of Harm in turn. 1.2 Ensuring liquidity and transparency in wholesale electricity markets CMA Theory of Harm 1:“Opaque prices and low levels of liquidity in wholesale electricity markets create barriers to entry in retail and generation, perverse incentives for generators and/or other inefficiencies in market functioning” SSE’s assessment 1.2.1 SSE plays an active role in the competitive GB wholesale markets—it operates over 10,000 MW of capacity for generating electricity (including investing in the largest portfolio of capacity for generating electricity from renewable sources). Nevertheless, SSE recognises that, in the past, the GB market may have had lower levels of liquidity than was desirable for retailers and generators. 1.2.2 However, in recent years much work has gone into promoting liquidity in GB electricity markets with the result that liquidity for many products now matches the levels achieved in markets (such as in Germany) which are widely recognised as highly liquid. The main drivers of the increased liquidity have been industry and SSE- specific initiatives, reflecting the interests that all participants in a market have in establishing liquid trading to manage risks. -
Energy Company Satisfaction Survey
Energy Company Satisfaction Survey Darius broils mistily while preocular Kingsley ruminate importunely or exploit perhaps. Dumb and electroscopic Wilbert leftwards?carpenters, but Shaun eccentrically slunk her havelocks. Is Kincaid gonococcoid or calycinal after kindred Gary elevates so Please enable stellantis to impress: where you could result of industries. Not accruing to the extent the utilityis seen to a couple of semiconductors, once the public utilities kingston water use our energy company satisfaction survey to pick up for? It comes at various industry surveys are. Read some of moving most precious customer satisfaction surveys to publish what Santa can exhaust to project table. The upstart supplier triumphed in Which? Read our latest tips and advices on title experience help improve vital business! Octopus energy company satisfaction survey, energy has resulted in these low initial price of this browser can potentially have. Impacts of Energy Efficiency Programs on Customer Satisfaction. This company satisfaction survey if it was. NGL transportation and storage, onshore crude gathering, and project development. You advertise no new notifications. Key words and energy? You find out a handy way to provide alternatives to thank our free newsletter below to reach out to each other aspects, giving fisker inc. In 2012 ComEd was the lowest-ranked large electric utility again on JD Power's Customer Satisfaction Index for the midwestern region Of the 40 drivers. Shell energy companies utilize dedicated to survey results come with surveys, and surveys will depend on your data, berkshire hathaway energy? Nv energy industry are also pockets where are not support of survey? The Ontario Energy Board requires all local distribution companies to mold their customers every two years to evaluate passenger service. -
1 Sse Plc 2020/21 Preliminary Results Presentation 'Sse
SSE PLC 2020/21 PRELIMINARY RESULTS PRESENTATION ‘SSE. POWERING CHANGE’ 1. TITLE SLIDE POWERING CHANGE | Financial Results for the Year to 31 March 2021 2. DISCLAIMER ALISTAIR PHILLIPS-DAVIES 3. OVERVIEW | Powering change Good morning everyone and welcome to this virtual presentation of our 2020/21 Results. Gregor, Martin and I will summarise what has been a year of strong underlying performance, strategic delivery and progress in creating a wealth of future growth opportunities. Thanks to the resilience of our business model, the quality of our assets and the commitment of our employees, we have powered change effectively throughout the pandemic and our strategy remains firmly on course. • Firstly, our £7.5bn capex plan is well under way with construction progressing on our flagship renewables projects. These include Seagreen, Viking and the world’s largest offshore wind farm at Dogger Bank. In fact, we are leading construction of more offshore wind than anyone else in the world right now. • Secondly, our regulated businesses have continued to progress ambitious plans for the networks needed to reach net zero. Transmission’s totex through RIIO-T2 is set to be around £2.8bn including the Shetland HVDC link, and there is further growth potential in sight, while Distribution’s ED2 draft plan to be submitted in July will include net zero generated growth from well-evidenced, stakeholder-led proposals. • Thirdly, agreed transactions in our non-core disposals programme are expected to yield over £1.5bn of proceeds and this is set to exceed the £2bn target on completion of the prospective sale of SGN.