If there are ESG concerns or issues that we feel have not been adequately addressed during our meetings with management and which we feel warrant escalation, we would discuss internally the most appropriate form of escalation. This escalation may involve further meetings with the company, or, if the issue has already been discussed at length and not satisfactorily resolved, we would typically write to the Chairman or CEO of the company. Escalation does not always lead to the desired outcome. If this is the case, we will consider whether the company's approach undermines our investment thesis. If it does, we will sell the stock.