As discussed in LEI 01.4, Ausbil capitalises on its market-leading proprietary ESG research to identify engagement opportunities on a proactive basis, i.e. engaging on ESG issues before companies are negatively impacted by events. To that end, Ausbil operates with a formal engagement plan that sets out specific targets and measurable outcomes for thematic and company-specific engagements. This plan is updated at least annually. However, Ausbil can also engage in response to events and individual client requests.