All our engagement activities are outsourced to BMO Global Asset Management. Every year PWRI with other clients of BMO Global Asset Management discuss engagement priorities for the coming year. Through its engagement activities, BMO Global Asset Management aims to enhance investor value by encouraging the adoption and development of industry best practice around environmental, social and governance (ESG) issues. This engagement is based on sustained and constructive dialogue with companies focused on material ESG risks. BMO Global Asset Management's approach to engagement is focused on driving changes in corporate behaviour, policy and practice to improve risk management and protect long-term business performance. Their Governance and Sustainable Investment team is responsible for carrying out engagement activities. As an asset manager, they also benefit from long-standing relationships with company executives and high levels of corporate access, which facilitates engagement and analysis.