The spinoff of our internal engagement and RI capacity into Æquo Shareholder Engagement Services with another PRI signatory partner, namely RRSE, definitely represents innovation. This decision was made with a two-fold objective, 1- making engagement capacity available to the local market and thus filling a gap in the local financial industry and allowing PRI signatories to move ahead on principle 2 and 2- expanding the implementation of shareholder engagement is a mean of scaling up the scope and reach in terms of number of companies and foreign markets, for our own benefit as well as for that of other responsible investors.