1. Director of ESG: In 2018, Loomis Sayles established a Director of ESG. The Director is responsible for Loomis Sayles' ESG Policy Statement, which enumerates our commitment to provide superior investment results to our clients and the incorporation of ESG into the investment process, as well as our determination to be a responsible global citizen. Loomis Sayles has provided substantial tools to our investment professionals and has reinforced the importance of using these tools in connection with making recommendations and investment decisions.
2. Senior management ESG committee: We have a bi-weekly meeting with a subset of our management committee to review ESG activity, strategy, and progress. Decisions are made by this committee regarding the allocation of resources to ESG, the implementation of new initiatives and tools identified by the Director of ESG and the ESG Committee. It includes the CEO, General Counsel, COO, Deputy CIO, CIRO, and the Director of ESG, four of whom are members of the Board of Directors of the firm. This committee is a subcommittee of the firm's Risk Management Committee, which meets quarterly and whose substance is reported to the Board.
2. ESG Advisory Board: In addition, Loomis Sayles' ESG Advisory Board addresses ESG strategy and progress. This group of executives from across the firm includes our CEO, Deputy CIO, Chief Investment Risk Officer, COO, General Counsel, the Director of EMEA Institutional Services, located in our London office, as well as both equity and fixed income portfolio managers. This group meets semi-annually, with additional calls and meetings as needed.
3. ESG Working Committee: The Director of ESG, the General Counsel and the other members of the ESG Committee are well positioned to oversee the progress in integration of ESG issues in Loomis Sayles' investment process. One of the ESG Committee's goals is to continually identify additional superior tools for use by our investment professionals and to make them easily accessible. The intent of the ESG Committee is to continually identify ways to increase investment professionals' awareness of and sensitivity to ESG issues in seeking superior risk-adjusted long term performance, and to identify opportunities to engage with issuers in pursuit of this goal.
4. ESG Subcommittees: In 2018 we established a number of ESG subcommittees, each of which reports in to the ESG Working Committee. These include marketing, technology, PRI, Climate Change and ESG Best Practices subcommittees