When selecting managers we consider a number of aspects such as people, process, risk, operations, performance and fees. We explicitly score ESG factors in the process and risk sections. Implicitly ESG factors also play a role in the other aspects such as the governance aspects concerning remuneration or our expected return if a manager does not consider ESG factors. To specifically understand what a manager is doing in the area of ESG around 10% of our RFP questions centre on ESG from data sourcing and incorporation into security valuation to ESG risk assessment. Besides our own findings we also look at the managers PRI self-assessment and where available at consultant ESG evaluations. In the investment guideline we agree with the managers that we seek to document the ESG processes we have seen, and thus also agree ESG reporting in the SLA with the manager. In monitoring the managers we look at the same aspects as when we selected them. During our monitoring reviews, with regard to ESG, we will check for concrete examples where ESG aspects were assessed and how these influenced decisions. We discuss with the managers how they interacted with companies on ESG topics in an attempt to get them to improve their ESG performance.