During the managers selection process, we evaluate potenetial managers' approach and capabilities with regard to responsible investment, including ESG factors. We strongly believe that sustainability risk should be a natural part of the risk- and investment-management process, and we do not accept this as being a separate activity. We believe in being active owners and require our managers to have due regard to relevant recognised standards. All our external managers are signatories of UN PRI as a minimum. Furthermore, we expect them to demonstrate that the principles of responsible investment are complied with in practice. The most important for us that our external managers are truly future oriented, and do understand key technological desruption, regulatory changes and consumer trends. We have established a process of monitoring external managers’ level of integration of ESG including their active ownership. We continuously evaluate managers and our portfolio composition, and we will not hesitate to withdraw the mandate from a manager if we are dissatisfied with their understanding of future sustainability risks.