HMC's third-party property managers take a number of steps to manage ESG issues during post-investment activities. As noted previously, third-party property managers are required to report to HMC on ESG issues on a quarterly basis. Third-party property managers also engage with a variety of regulatory bodies, as well as with tenants, to ensure that ESG issues and plans are fully addressed. HMC encourages its joint venture partners to implement energy efficiency measures at our properties. These include, but are not limited to: multiple strategies to diminish water use; numerous energy efficiency initiatives; use of local and organic food vendors; provision of affordable housing; anti-bribery efforts; and diminishing packaged waste. At some properties, third-party property managers use social media and signage to encourage tenants or patrons to improve their environmental or social footprint. Development investments are encouraged to utilize sustainable building materials, and several development projects engage LEED consultants for advice on best practices.