This is situation specific and will address items uncovered during the due diligence phase and that will be addressed to meet industry best practices.
Through our board presence, BCI has worked with our partners and the executive team to establish strategic direction and improve reporting. During a board meeting during the year, ESG matters are discussed. As an example during dilligences it was identified staff turnover for one of the co-investments was high. Post ownership, the Board and BCI implemenet a series of initiatives to improve staff moral and turnover, these include company transportation, on-site shops, manager feedback and improved team engagement.