The Firm has established a Responsible Investment Solutions Group to govern and manage responsible investment activities within our organization. The Group’s objective is to develop, oversee and promote ESG integration, keep abreast of the political and economic landscape with regard to ESG, and to educate both internal staff and other investors on the subject. The Group generally meets on a monthly basis. The RI Solutions Group is comprised of members of the Portfolio Management, Research, Legal and Relationship Management teams. Via these representatives from the different functional areas of the business, Los Angeles Capital takes a broad approach to responsible investment. While department representatives report on the progress and initiatives of the RI Solutions Group, the Group also hosts internal educational sessions on ESG issues. The Investment Committee formally approved three projects related to ESG as part of the 2017 research agenda. The ESG projects will be managed by the Research Directors and Chief Investment Officer with guidance from Portfolio Managers and the Responsible Investment Solutions Group. While we have already incorporated ESG data and carbon emissions data sets into our analytics systems so that it is available for portfolios that wish to incorporate ESG into portfolio construction, we continue to explore other data and vendor sources. ESG requests through the use of client directed restricted lists are managed by the Portfolio Management team, with oversight from Compliance, to ensure that they are updated in our optimization/analytics system and to ensure that we understand the impacts restrictions may have on the portfolios’ opportunity set and performance. Additionally, carbon emission constraints and reduction targets are managed by the Portfolio Management team and are directly coded into our optimization software. Carbon emissions levels are generally reported to the client on a monthly basis. Three members of the Firm's senior management including the CEO, CIO and the President are part of the Portfolio Management team and are actively involved in ESG issues and discussions both internally and externally. Additionally the Chair of the Responsible Investment Solutions Group is a Portfolio Manager and a member of the Investment Committee. These parties play an integral role in setting parameters for client portfolios and incorporating ESG for interested clients. Members of the Portfolio Management and Relationship Management teams work closely with clients to provide ESG reporting and discuss potential investment solutions to meet our clients’ ESG objectives.