Describe how the ESG information reviewed and discussed affects the selection decision making process.[OPTIONAL]
As part of the selection decision making process we currently use a matrix to score all indicators, including an ESG indicator, for all the IMs. As we build our expertise, we expect that ESG information will play a more important role in the manager selection process. At the moment, we expect all IMs, at a minimum, to be aware of the ESG risks and take these into consideration subject to BTNZ's RI policy and IM's investment style.