Please explain why you do not engage directly and do not require external managers to engage with companies on ESG factors.
The Office of the City Treasurer does not have a formal program to directly engage SSAs. However, the Office of the City Treasurer engages in phone calls with issuers periodically regarding ESG related metrics. Additionally, the investment staff attends conferences annually such as GIOA where we engage with issuers. In 2019, the investment staff had the opportunity to meet with SSA issuers as well as US Government Agencies.