The ESG Leadership team, including Scott Mather, PIMCO’s CIO U.S. Core Fixed Income and the CIO responsible for ESG strategies, manages PIMCO’s ESG investment process that seeks to factor in climate change risks across selected portfolio management teams, from credit and sovereign research to mortgage and municipal analysis. Firmwide, PIMCO’s Executive Committee is fundamentally in charge of PIMCO’s strategic direction and management. PIMCO notably aims to systematically integrate relevant climate factors into our top-down (i.e. longer term macro and socio-economic view) process through our annual Secular forum.