Our process for addressing climate-related risk is embedded in our overall Responsible Ownership Committee’s charter, which directs the firm on key ESG issues, including climate-related risks, and the integration of ESG considerations into business processes. We also include climate-related indicators on our list of ESG Markers. Investment professionals reviewing potential opportunities that could potentially be impacted by climate change must discuss any such issues with TowerBrook’s Transaction Committee at an early stage in the investment consideration process. TowerBrook also seeks to engage with its preferred ESG consultants at an early stage in the investment consideration process to identify climate change risks and opportunities. TowerBrook surveys portfolio companies annually on any climate-related incidents or factors that impacted the business over the past year, whether the company has (or is developing) a climate strategy, and whether the company addresses climate risk at the board level.