Growing demand, investing in new facilities and expanding the supply of existing facilities has led to an increase in demand for labor and that is why for the fourth year in a row we are organizing Job Days in tourism as a meeting place for employers and employees looking for work, said Tourism Minister Gari Cappelli. in his introductory speech at the opening ceremony and added: Job Days in Tourism are a joint project of the Ministries of Labor and Pension System and the Ministry of Tourism, the Croatian Employment Service and partners of the Croatian Tourist Board, the Croatian Chamber of Commerce, the Croatian Chamber of Crafts, the Croatian Employers ‘Association and the Hotel Employers’ Association. to connect employers with unemployed persons, in order to engage seasonal workers in direct contact for the upcoming tourist season. This year, the need to hire over 9.000 seasonal workers was presented by 65 employers that include large hotel houses and other employers who employ a large number of seasonal workers during the tourist season. Yesterday in Osijek, in the Gradski vrt hall, the fourth “Business Days in Tourism “. “I am glad that the first such meeting is being held in Slavonia, which is growing in tourist demand from year to year, together with the rest of the continental part of Croatia, which has an annual growth rate of 7 to 10 percent. That is why I will be glad when we have the opportunity to see the domestic workforce that is employed on the Croatian continent and here provides welcome and hospitality to guests throughout the year. An increasing number of tourists visiting Croatia give high marks for the hospitality of our tourist staff, and Slavonia is a region known for retaining the authentic charm of the locals, true hospitality and excellent gastronomy that delights every visitor. I believe that today’s meeting will enable visitors to find the desired employment with the employer, which will provide them with stimulating working conditions and enable them to further improve, advance and become the best promoters of Croatian tourism among our guests.” said Minister Cappelli. The permanent seasonal measure has been used by 13.300 people in the last three years Zagreb and Split follow “This is the result of a series of activities carried out with the aim of activating the unemployed and providing labor for the tourist season such as educating the unemployed to work during the tourist season, with special emphasis on learning foreign languages to increase the quality of tourism services. The already mentioned permanent seasonal measure aims to provide financial support to workers who are employed only during the season. This extremely successful measure is available to employers from all industries that have the characteristics of seasonal business, and in the last three years it has been used by more than 13.300 people. “, concluded the Minister of Labor and Pension System Josip Aladrović. It is from Slavonian counties that a significant number of seasonal workers come, almost 6 people during 2019, because Slavonians are recognized as a quality workforce for which there is a significant interest of employers, as evidenced by the large number of exhibitors. After Osijek, the “Days of Business in Tourism” will be held on January 22, 2020 in Zagreb and on January 31, 2020 in Split. Participation in all three locations of the event was registered by 85 employers, and it is estimated that the events will be attended by a total of about 12 thousand visitors, unemployed people, vocational school students, students and all others interested in seasonal work in the tourist season.
This year was the first time that the organisation included asset managers in its assessment. The top firms were “well ahead of their asset owner clients in their approach to managing the financial impact of climate change on investment portfolios”, the AODP said.“However, asset owners are ahead in leading the way on climate risk, with 7% in the Leaders group versus 4% of asset managers,” it said.Asset manager subsidiaries of asset owners were the most progressive, accounting for nine of the top 10 asset managers, and in some cases surpassing their parents in the rankings, the AODP noted.The AODP scored asset owners and managers on three key capabilities – governance and strategy, portfolio carbon risk management, and metrics and targets – and graded them from AAA (“Leaders”) to D, with an X category for “Laggards” when no evidence of action was provided.There were far fewer asset managers in the latter category (6%) than asset owners (40%).The only asset manager to earn a AAA rating was APG, the €443bn asset manager and provider for the large Dutch civil service pension scheme ABP. Finnish pension insurer Ilmarinen shot up the ranking, climbing 214 places to claim a top 10 spot as a result of new policies, such as linking manager incentives to sustainability goals.Other selected findings from the study included:Almost twice as many asset owners as last year incorporated climate change into their policy frameworks;Only 6% of asset owners assess the risk of stranded assets;In the US, 63% of asset owners were ignoring climate change;25% of asset owners were investing in low-carbon assets such as green bonds and low carbon indices, a 58% increase from last year; 34% of asset managers invest in low-carbon assets, but only $95bn is quantified;73 asset owners (15%) incorporated climate risk factors into their asset manager selection process, a 30% increase on last year;20% of asset owners were embedding climate change risk management into asset manager agreements, up from 12% in 2016. TOP 10 ASSET MANAGERS (Rated AAA to B) 1APG Asset Management AAA441,630Netherlands RankAsset Owner2017 Rating2016 Rating2016 RankingAUM US$mCountry 17United Nations Joint Staff Pension Fund AAAAA2053,802US TOP ASSET OWNERS (AAA-RATED) 6Allianz Global Investors BB532,785Germany 4First State SuperAAAAAA1241,560Australia 10Elo AAACC7822,291Finland 4M&G Investments BBB338,488UK 9Deutsche Asset Management B796,409Germany 7KLPAAAAA1959,653Norway 9Ilmarinen AAAD22238,947Finland 8AP4AAAAAA336,780Sweden 5ABPAAAAAA4410,779Netherlands 2Legal & General IMAA1,140,418UK 16AP7AAABBB3233,530Sweden 2The Environment Agency Pension Fund (EAPF)AAAAAA13,928UK 15New Zealand Superannuation Fund AAAD10921,453New Zealand There is far greater recognition of climate-related financial risk among asset managers than asset owners, but leadership on climate change still mainly comes from the latter group, according to a report from the Asset Owners Disclosure Project (AODP).Publishing its fifth annual benchmark study on how investors address climate risk, the non-profit organisation said that a clear majority of the world’s biggest investors were taking action on climate change and rapidly scaling up action to protect their portfolios.It said that 60% of the world’s 500 biggest asset owners recognised the financial risks of climate change and opportunities in the transition to a low carbon economy and are taking action. This marked an increase of 18% from the AODP’s 2016 results.The world’s 50 biggest asset managers were “taking climate risk even more seriously”, according to the AODP. 1Local Government Super (LGS)AAAAAA27,422Australia 12Church Commissioners for EnglandAAAAAA10=10,334UK 6PFZWAAAAA18207,936Netherlands 3Aviva Investors BBB457,295UK 13PKAAAAAAA635,608Denmark RankAsset Manager2017 RatingAUM US$mCountry 5SchrodersBBB487,127UK 11Fonds de Réserve pour les Retraites (FRR)AAAAA1639,527France 10HSBC Global Asset Management B413,413UK 7Natixis Global Asset Management BB871,066France 3New York State Common Retirement Fund (NYSCRF)AAAAAA5178,600US 14Etablissement de retraite additionnelle de la Fonction Publique (ERAFP)AAAA10=28,036France 8AXA Investment Managers BB752,103France